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Name: Idea Converter
Version: Latest Version
Developer by: Ivan Simonika
The Right Platform: Meta Trader 5 (MT5)
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Idea Converter MT5 is a precision “scalpel” Expert Advisor (EA) that operates directly on tick-by-tick market data, enabling ultra-fast and accurate trade execution. It is fully compatible with both netting and hedging account types, supports 5-digit quotes, and works independently of platform-stored historical data.
Instead, this EA downloads live tick history in real time, builds its own internal database, and keeps it constantly updated to ensure trading decisions reflect the most current market conditions.
Broad Account Compatibility – Works seamlessly with both netting and hedging accounts.
Self-Optimizing Core – The built-in optimizer continuously analyzes performance, selects the best settings, and applies them instantly for live trading.
No Downtime During Re-Optimization – Real-time data updates ensure uninterrupted trading activity.
Advanced Risk Management:
Money_Management
dynamically adjusts lot sizes based on account balance.
SpreadLimit
ensures trades are placed only under favorable market spreads.
Clear Take Profit and Stop Loss parameters for capital protection.
Customizable Trading Conditions:
ORDER_TYPE_FILLIN
defines the order execution policy.
OnTimeLimit
, HourLimit
, and MinLimit
allow precise control of trading hours.
Magic
assigns a unique identifier for each strategy or trade set.
Maximum Efficiency via Real-Time Tick Data – Reacts faster than systems relying on candle-based or stored historical data.
Market-Adaptive Optimization – Adjusts strategy settings to stay in sync with evolving market conditions.
Uninterrupted Operation – The EA keeps trading even during internal re-optimization cycles.
Strong Risk Control – Spread limits, TP/SL, and smart money management work together to protect your capital.
High Flexibility – Easily customizable to match your trading style or market conditions.
Tested on a substantial historical dataset using the H1 timeframe, the Idea Converter EA showcased its capability to transform a significant volume of trades into steady, long-term growth. Starting with a modest capital base, it leveraged precision-driven entries, consistent execution, and disciplined risk management to achieve robust profitability while maintaining minimal drawdown.
Backtest Highlights
Initial Deposit: $1,000
Total Net Profit: $126,281,172.98
Win Rate: 73.48%
Recovery Factor: 309.13
Maximum Balance Drawdown: 0.67%
Maximum Equity Drawdown: 0.52%
This performance underscores the EA’s ability to generate extraordinary returns with exceptional drawdown control — making it a strong candidate for traders seeking high-profit potential with a defensive risk posture.
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | M1 |
Currency pairs | EURUSD |
Min / Recommended deposit | $100 |
Min / Recommended leverage | 1:100 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗