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Recoil

Trade Strategy:

The Trade Strategy is based on the fact that a rollback comes after "a strong" movement. Indicators are not used, only price is analyzed. Input parameters (eMovement, eRecoil, eTakeProfit, eNextTrade, eRiskMove) are specified for 4-digit quotes. If the Expert Advisor operates on pair which has 3- or 5-digit quotes, the Expert Advisor will multiply that values by 10 itself.

The Expert Advisor places pending orders by averaging the price if the movement is against us. You can limit how many times the volume can be increased. The Expert Advisor analyzes input parameters and in case they contradict each other, the Expert Advisor won't be started showing the corresponding message. Input parameter eIsRisk defines trade volume of the Expert Advisor: 0 - fixed lot, 1-5 lot increases depending on free margin size (1-5 percents).

The Expert Advisor show messages in 5 languages (EN-English, RU-Russian, DE-German, FR-French, ES-Spanish). When trading in the "Order execution by market" mode, Take Profit and Stop Loss are place for open positions. The Expert Advisor can perform deals either with one pair (eIsMulti=false), or with several pairs (eIsMulti=true). In latter case the input parameters are loaded from a file.

File format:

[EURCHF]
eCalcPeriod=24
eMovement=250
eRecoil=100
eTakeProfit=50
eNextTrade=50
eLot=0.1
eKolTrade=3
eKoeff=1.7
eSlippage=2
eViewLogs=0
eTimer=60
eIsRisk=5
eIsMod=0
eRefilling=3
eRiskMove=100
eRiskPeriod=20
eCheckMarginInit=1
eMaxOpenPosition=12
[XXXXXX]
eCalcPeriod=XX
........
eMaxOpenPosition=12

The file should be placed in the folder \\MQL5\Files\MultiBoot(Recoil.txt).

File example:

[GBPUSD]
eCalcPeriod=24
eMovement=150
eRecoil=50
eTakeProfit=50
eNextTrade=30
eLot=0.1
eKolTrade=4
eKoeff=1.5
eSlippage=2
eViewLogs=1
eIsRisk=2
eIsMod=0
eRefilling=5
eRiskMove=75
eRiskPeriod=22
eCheckMoneyInit=1
eMaxOpenPosition=3
[EURUSD]
eCalcPeriod=108
eMovement=225
eRecoil=70
eTakeProfit=100
eNextTrade=60
eLot=0.2
eKolTrade=1
eKoeff=2
eSlippage=2
eViewLogs=1
eIsRisk=0
eIsMod=0
eRefilling=4
eRiskMove=75
eRiskPeriod=10
eCheckMoneyInit=1
eMaxOpenPosition=3

The Expert Advisor has flexible settings, so each trader can adjust it to their own work style. A good solution for those who want to get a ready-made Expert Advisor for less money.

Input parameters:

  • eLang - language of messages (EN, RU, DE, FR, ES);
  • eIsMulti - false - regular mode, true - multi mode;
  • eCalcPeriod - period for watch movement search;
  • eMovement - movement in points;
  • eRecoil - rollback in points;
  • eTakeProfit - profit in points;
  • eNextTrade - number of points before the next deal;
  • eLot - initial lot;
  • eMagic - magic number;
  • eKolTradeIncrease - deal, with which the volume start to increase;
  • eKoeff - lot increase rate;
  • eSlippage - slippage size;
  • eViewLogs - show log: 1 - Yes, 0 - No;
  • eTimer - number of seconds for the timer to trigger if eIsMulti = true;
  • eIsRisk - lot increase depending on the free margin size - (1-10) percent (can be fractional, e.g. 1.5%), 0 - do not increase;
  • eIsMod - use modification: 1 - Yes, 0 - No (places profit according to fractal, which is below our position; it allows increasing the number of profitable trades);
  • eRefilling - number of lot increases after the first deal;
  • eRiskMove - big movement, after which it is better not to trade;
  • eRiskPeriod - time to wait (0-no filter);
  • eCheckMoneyInit - check whether you have enough money for a series of deals (at initialization of the EA);
  • eMaxOpenPosition - number of positions opened simultaneously if eIsMulti = true;
  • eFile - file for loading the input parameters if eIsMulti = true;

The Expert Advisor default parameters are set for GBPUSD.

MetaTrader 4 version can be downloaded from here: https://www.mql5.com/en/market/product/1450

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Ain't No Trend is a neural advisor trained to trade with major symbols. Signal:  https://www.mql5.com/en/signals/945865 If your symbols have a suffix (ex: EURUSD_i), you should set the value of Suffix accordingly. Otherwise the advisor will not work. The advisor uses target levels incorporated in its body. You cannot change them because they were part of the training process. You can set your stoploss. Attention! The advisor is only for hedging accounts. The advisor Ain't No Trend uses an H4 ti
185 USD
Exp THE X FULL
Exp THE X FULL
Vladislav Andruschenko
Dies ist ein universeller automatischer Expert Advisor für MetaTrader 5, der an Standardindikatoren arbeitet. UniversalEA Der Constructor EA verfügt über eine Vielzahl von Funktionen. Sie können eines von 20 Signalen auswählen, um eine Position zu öffnen, und 5 von 20 Filtern, um die Signale der im MetaTrader-Paket enthaltenen Standardindikatoren auszusortieren. Außerdem können Sie die Indikatorparameter anpassen, einen Zeitrahmen auswählen und für jedes Signal einen Signalbalken festlegen. Be
150 USD
FrankoScalp MT5
FrankoScalp MT5
Konstantin Kulikov
I have been developing, testing and correcting this automated scalping system for a long time:  https://www.mql5.com/en/signals/author/test-standart . Last settings for EA in the comment : #79   Telegram channel with news: https://t.me/EAFXPRO Telegram group for questions and discussion: https://t.me/EAFXPRO_chat Currency pairs for which sets are developed: USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD, GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY, CHFJPY
397 USD
Aura Turbo MT5
Aura Turbo MT5
Stanislav Tomilov
Price: $250 8 of 10 copies left at this price Next price $300 Live signal:   https://www.mql5.com/en/signals/954082     >>>>   Settings file with a Stop Loss Telegram channel:  https://t.me/aura_gold_ea Aura turbo is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter whose value is use
250 USD
London Pride EA MT5
London Pride EA MT5
Dmitrii Golubev
Live Signal   https://www.mql5.com/en/signals/943594     Telegram Channel     https://t.me/Successful_Forex_EA      Recommended VPS:  https://ruvds.com/pr5256     Recommended Broker:  https://ru.weltrade.com/?r1=ipartner&r2=36541     London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses sophisticated machine learning and self-adaptive algorithms to bring your
499 USD
AW Swing Trading EA MT5
AW Swing Trading EA MT5
Alexander Nechaev
An advanced tool for swing trading on corrective price movements. It works on trend rollbacks in the direction of its continuation, the size of the required correction is determined by the current volatility of the instrument or manually by the trader. After detecting a correction along the current trend, the EA waits for a signal to complete the correction and continue the trend, after which it opens a position. Instructions on how the advisor works -   https://www.mql5.com/en/blogs/post/742819
395 USD
NightVision MT5
NightVision MT5
Alexander Kalinkin
NightVision EA MT5  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC M
349 USD
Double Impact mt5
Double Impact mt5
Evgenii Aksenov
One Copy left for $299 !!! Next price $399  Monitoring deals:     here         Our programs :   here        Subscribe to our  Telegram   We would like to introduce an Expert Adviser for two popular indicators  TrendLine PRO :   download     and  Profit Zone :     download      The main advantage of this EA is the presence of a trading panel that allows you to control the direction of trade (only BUY/only SELL or any direction) and possibility to trade in the Manual mode using BUY/SELL a
249 USD
TrendLine GRID
TrendLine GRID
Evgenii Aksenov
One Copy left for $299 !!! Next price $399   Monitoring deals:     here         Our programs :   here            Subscribe to our  Telegram Group   This is a grid EA based on the signals of the Trend Line PRO indicator:  https://www.mql5.com/en/market/product/42399  for hedge accounts Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces
299 USD
Panoptic Dragon MT5
Panoptic Dragon MT5
Aleksei Krasov
"Panoptic Dragon" is a high accuracy automatic trading solution. Expert is easy to set up and is suitable for both  experienced traders and beginners . Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change. This robot enters the market during the London Stock Exchange (LSE).  It is based on renko patterns, levels support and resistance, channel indicators with different periods and daily moving average.  The direction is determined on the
599 USD
True Range Pro MT5
True Range Pro MT5
Smart Forex Lab.
Accurate Night/Intraday Scalping & Smart Grid System Expected perfomance 5-10% / mo (eurusd M5) 20-40% / mo (gbpusd M1) Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Easy to use & ready to go 2014-2020 99% tick quality optimized & backtesed True Range Pro MT4 >>  https://www.mql5.com/en/market/product/54575 Set files   https://www.mql5.com/en/blogs/post/726783 Monitoring   True Range MT5  (True
495 USD
Sun AI MT5
Sun AI MT5
Arthur Hatchiguian
Sun AI  is an aggressive  scalper  that uses an algorithm generated by my own  machine learning  system.  It was built on more than 10 years of EURUSD history, which makes it reliable and accurate . The EA uses a  martingale system  to close positions. An  autolot & a security system  are integrated.  Current price  199 $ . Next price:   299$    ️  This EA only works for EUR/USD M1 ️ Recommended Broker :  ICMarkets The minimum deposit is  300$ (be careful to convert correctly for other
199 USD
Hippo Trader Pro MT5
Hippo Trader Pro MT5
Michela Russo
Hippo Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian and European Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Another EA ! (All future updates included) -> To Receive it, Please Contact me by  mql5 mess
299 USD
Red Hawk MT5
Red Hawk MT5
Profalgo Limited
ONLY 1 COPY LEFT AT 349$ NEW PRICE: 399$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or   Alpari.com Recommended VP
349 USD
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CreateGridOrdersTune
CreateGridOrdersTune
Konstantin Chernov
A script for opening a grid of orders If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input Parameters: Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to 0, the
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CloseAllPosition
CloseAllPosition
Konstantin Chernov
A script for closing positions If you need to quickly close several positions, this script will make all the routine for you! The script does not have any input parameters. Allow AutoTrading before running the script. Usage: Run the script on a chart. If you need to specify the maximal deviation and the number of attempts to close positions, use the script with input parameters https://www.mql5.com/en/market/product/625 You can download MetaTrader 4 version here: https://www.mql5.com/en/market
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CreateGridOrders
CreateGridOrders
Konstantin Chernov
A script for opening a grid of orders If you need to quickly open several pending orders on a certain distance from the current price, this script will save you from routine! Allow AutoTrading before running the script. Instructions: Run the script on the chart. This script is a limited version of the market product https://www.mql5.com/en/market/product/635 and allows opening only Buy Stop orders. Input parameters are not required in the script. Parameters such as number of orders, order type,
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CloseAllOrders
CloseAllOrders
Konstantin Chernov
A script for closing positions If you need to quickly close several positions, this script will make all the routine for you! The script does not have any input parameters. Allow AutoTrading before running the script. Usage: Run the script on a chart. If you need to specify the maximal deviation and the number of attempts to close positions, use the script with input parameters https://www.mql5.com/en/market/product/2783 You can download MetaTrader 5 version here: https://www.mql5.com/en/marke
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CloseByLossOrProfit
CloseByLossOrProfit
Konstantin Chernov
CloseByLossOrProfit Expert Advisor closes all positions as their total profit or loss reaches a specified value (in deposit currency). In addition, it can delete pending orders. Allow AutoTrading before running the Expert Advisor. Usage: Run the Expert Advisor on a chart. Input Parameters:  Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish); Profit in the currency  - profit in points; Loss in the currency  - loss in p
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DeletePendingOrder
DeletePendingOrder
Konstantin Chernov
Script for deleting pending orders If you need to delete all pending orders you placed, this script will do it for you! It doesn't have any input parameters. Allow AutoTrading before running the script. Usage: Run the script on a chart. If you need a possibility to adjust parameters of the script, use the version with input parameters https://www.mql5.com/en/market/product/627 You can download MetaTrader 4 version here: https://www.mql5.com/en/market/product/2782
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CloseByPercentLossOrProfit
CloseByPercentLossOrProfit
Konstantin Chernov
The CloseByPercentLossOrProfit Expert Advisor closes all positions as the total profit of loss for the entire account reaches a specified value. The profit or loss is specified as percentage of the account balance. In addition, the Expert Advisor can delete pending orders. Allow AutoTrading before running the Expert Advisor. Instructions: Run the Expert Advisor on the chart. Input parameters: Language of messages displayed (EN, RU, DE, FR, ES) - the language of output messages (English, Russian,
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DeletePendingOrders
DeletePendingOrders
Konstantin Chernov
Script for deleting pending orders If you need to delete all pending orders you placed, this script will do it for you! It doesn't have any input parameters. Allow AutoTrading before running the script. Usage: Run the script on a chart. If you need a possibility to adjust parameters of the script, use the version with input parameters https://www.mql5.com/en/market/product/2785 You can download MetaTrader 5 version here: https://www.mql5.com/en/market/product/626
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Reverse
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Konstantin Chernov
A script for quick reversing positions and/or orders. If you need to reverse a position with the same volume, open an opposite position of a different volume, this script will save you from routine! Allow AutoTrading before running the script. Instructions: Run the script on the chart. This script is a limited version of the market product https://www.mql5.com/en/market/product/638 and allows reversing only positions. Input parameters are not required. Parameters such as changing the type of exi
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RecoilMT4
RecoilMT4
Konstantin Chernov
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CloseAllOrdersTune
CloseAllOrdersTune
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A script for closing positions If you need to quickly close several positions, but it requires specifying maximal deviation and the number of attempt to close, this script will do all the routine for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input Parameters: Language of messages displayed (EN, RU) - language of the output messages (English, Russian). Magic - 0 means ignoring magic number, other wise it will use the specified magic number. Symbol - 0 m
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DeletePendingOrdersTune
DeletePendingOrdersTune
Konstantin Chernov
Script for deleting pending orders If you need to delete all pending orders you placed, this script will do it for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input parameters: Language of messages displayed (EN, RU, DE, FR, ES) - language of messages displayed (English, Russian, German, French, Spanish). Use Magic: (0 - ignore Magic, else - only this Magic) - if set to zero, the magic number is not considered. Otherwise the script deletes only orders wi
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CreateGridOrdersTuneMT4
CreateGridOrdersTuneMT4
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LevelWithoutLoss
LevelWithoutLoss
Konstantin Chernov
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ArbitrageStatistic Hedge
ArbitrageStatistic Hedge
Konstantin Chernov
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BreakFractals
BreakFractals
Konstantin Chernov
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Adad
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The Expert Advisor analyses two dimensions, described in the book "Trading Chaos" by Bill Williams, - the Fractal (phase space) and the Driving force (phase force). Bill Williams' Alligator (Alligator) is a combination of three balance lines: Alligator's Jaws (blue line) is a 13-period moving average of the medium price (High+Low)/2 shifted by 8 bars in future; Alligator's Teeth (red line) is a 8-period moving average of the medium price (High+Low)/2 shifted by 5 bars in future; Alligator's Lips
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CloseAllPositionTune
CloseAllPositionTune
Konstantin Chernov
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DeletePendingOrderTune
DeletePendingOrderTune
Konstantin Chernov
Script for deleting pending orders If you need to delete all pending orders you placed, this script will do it for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input parameters: Language of messages displayed (EN, RU, DE, FR, ES) - language of messages displayed (English, Russian, German, French, Spanish). Use Magic: (0 - ignore Magic, else - only this Magic) - if set to zero, the magic number is not considered. Otherwise the script deletes only orders wi
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ReverseTune
ReverseTune
Konstantin Chernov
A script for quick reversing positions and/or orders. If you need to reverse a position with the same volume, open an opposite position of a different volume or change the type of existing orders (for example, Buy Limit -> Sell Limit, Buy Stop -> Sell Limit, etc.) with the same or different take profit/stop loss, this script will make all the routine for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input Parameters: Language of messages displayed (EN, RU, D
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Collector of ticks
Collector of ticks
Konstantin Chernov
Collector of ticks. The Expert Advisor saves the history of ticks (date, time, Bid price, Ask price and spread) for specified symbols in a CSV file. The file name is formed on the basis of the symbol name and the current month/month and week/month, week and day ("Symbol_Year_Month.csv", "Symbol_Year_Month_week.csv", "Symbol_Year_Month_week_day.csv"). Example: EURUSD_2013_01.csv The files are saved in the directory [terminal data folder]\MQL5\Files\TicsData\Server\Symbol\. To view files, use MS
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CloseByLossOrProfitTune
CloseByLossOrProfitTune
Konstantin Chernov
CloseByLossOrProfitTune Expert Advisor closes a part of position as the total profit or loss for specified symbols reaches a specific value. The profit or loss level is specified in the deposit currency. In addition, the Expert Advisor can delete pending orders. Allow AutoTrading before running the Expert Advisor. Usage: Run the Expert Advisor on a chart. Input Parameters: Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spa
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CloseByPercentLossOrProfitTune
CloseByPercentLossOrProfitTune
Konstantin Chernov
The CloseByPercentLossOrProfit Expert Advisor closes some positions as the total profit of loss for the entire account reaches a specified value. The profit or loss is specified as percentage of the account balance. In addition, the Expert Advisor can delete the pending orders. Allow AutoTrading before running the Expert Advisor. Instructions: Run the Expert Advisor on the chart. Input parameters: Language of messages displayed (EN, RU, DE, FR, ES) - the language of output messages (English, Rus
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AdvancedDepthOfMarket
AdvancedDepthOfMarket
Konstantin Chernov
The Advanced Depth Of Market indicator visualizes the stock depth of market in the form of price and volume percentage by the current price from the whole volume of the depth of market. Update takes place at the moment of changing the depth of market. Thanks to this indicator you can immediately define what requests prevail at the moment. This indicator will work only on the instruments on which the depth of market enabled. Input parameters: Depth of market - number of requests displayed in the
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Antwort auf eine Rezension
Version 2.61 2015.03.27
Code optimization.
Version 2.55 2013.08.20
The Expert Advisor now has a custom optimization criterion "Custom max".