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Averaging down EA MT5

The free version of this Expert Advisor can be downloaded here for testing before you decide to buy. It is limited to AUDNZD.

This cost averaging Expert advisor (EA) places additional trades in the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential increasing of lot size) or smoothed martingale (for instance linear increasing of the lot size). Due to the risk involved, this EA is more suitable for intermediate to advanced traders who are well aware of how to handle risk management and trading an already profitable strategy or EA.

The EA can manage any manual trade or trade done by another Expert Advisor for the symbol on which this EA has been loaded.

Features

  • Many options to select from when an averaging down (grid) order should be opened.
  • Possibility to open a lock (hedge) order for fixation of the floating loss.
  • Information about the actual status of the order basket is showed in the upper left corner of the chart.

The EA complies with NFA FIFO regulations. The EA can be used with a US broker account only when Lock (hedge) order is disabled.

The EA cannot be used with netting account types.

It is highly recommended to test this EA on a demo account for a week to get a clear picture of how it behaves with different settings.

Input parameters

Please find the description and explanation of the input parameters here.



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Price: $250 5 of 10 copies left at this price Next price $300 Signal MT4     https://www.mql5.com/en/signals/954082     >>>>   Settings file with a Stop Loss Signal MT5    https://www.mql5.com/en/signals/967587 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 algorith
250 USD
True Range Pro MT5
True Range Pro MT5
Smart Forex Lab.
48 hour SALE 50% OFF 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 Optimized in 2016-2020 ( Weltrade  100% history quality) Backtesed in 2010-2020  ( Weltrade  100% history quality) True Range Pro MT4 >>  https://www.mql5.com/en/market/product/54575 Set files   https://www.mql5
295 USD
TrendLine GRID
TrendLine GRID
Evgenii Aksenov
One Copy left for $345 !!! Next price $445   Monitoring deals:     here         Our programs :   here            Subscribe to our  Telegram   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 the m
345 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
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
Absolute FX MT5
Absolute FX MT5
Smart Forex Lab.
48 hour SALE 50% OFF 99.5% proven profitable trades!*  Absolute FX - the "no-loss"* scalping strategy based on reversal patterns. No grid, no martingale, no ..., no ... Just pure price action trading system. The maximum win rate* is achieved when trades follow the trend, SMA and Bollinger Bands can be used to determine the direction. Stay tuned   >>   Telegram channel *99,5% win rate is based on the backtests in 2015-2020. Past performance is not indicative of future results. Featur
175 USD
Neural Bar Predictor
Neural Bar Predictor
Evgeniy Scherbina
The Neural Bar Predictor is a fully automated multisymbol advisor which is based on a popular variant of the recurrent neural network. You can start the advisor in one chart and it will scan trading signals from several timeframes of major symbols. The advisor opens an average of 10 trades per week. Check below a picture with monthly numbers of trades for 2011-2021. If your symbols have a suffix (ex: EURUSD_i), you should set the value of Suffix accordingly. Otherwise the advisor will not work.
265 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
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Jan Flodin
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Triple Moving Average EA MT4
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Jan Flodin
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Triple Moving Average EA MT5
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Jan Flodin
The Expert advisor (EA) places trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other. Using the default settings it adopts a not very well known strategy used by some institutional traders. It involves the MAs 10, 20 and 30 or 60. The strategy works best on the H4 and D1 time frames. The Triple MA strategy (no matter which MAs are used) should be considered as a long term strategy. There could be a bad month or even a bad half year. This EA is
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Chart patterns scanner MT5 FREE
Chart patterns scanner MT5 FREE
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This free version is limited to EURUSD and USDJPY and has no support for mail and push alerts. The unlimited paid version can be found  here . This  multi time frame and multi symbol  indicator identifies double top/bottom, head and shoulders, pennant, triangle and flag patterns. For top/bottom, head & shoulders and pennant & triangles it is also possible to setup alerts only when a neckline breakout (confirmed signal) has occured. The indicator writes the signals to a text file which can be
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Heiken Ashi Smoothed Alert MT5
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Jan Flodin
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Chart patterns scanner FREE
Chart patterns scanner FREE
Jan Flodin
This  multi time frame and multi symbol  indicator identifies double top/bottom, head and shoulders, pennant, triangle and flag patterns. For top/bottom and head and shoulders it is also possible to setup alerts only when a neckline breakout (confirmed signal) has occured. The indicator writes the signals to a text file which can be used by an Expert Advisor (EA) for auto trading.   You can find more information about the content and location of the text file in the   blog . This free version i
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Version 1.2 2021.01.27
- added a control if auto (algo) trading is disabled. If disabled then there will be a text on the chart instead of repeated entries in the logs.
Version 1.1 2020.08.25
*** Please always make a backup of the existing EA (the .ex5 file) before you make the update and please also update only when you don't have any open trades from the EA. More information at the top of the blog ***

- bug fix in the Lock order function