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MerkaDivergence

A trading system based on divergences is one that uses divergences between technical indicators and market prices to identify potential trading opportunities. Here's how this type of trading system operates:

Divergence identification: The divergence-based trading system seeks to identify divergences between technical indicators and market prices. A divergence occurs when the market price and a technical indicator move in different directions, which can indicate a possible trend reversal.

Signal confirmation: Once a divergence has been identified, the trading system must confirm the signal before entering a trade. Signal confirmation may include analyzing other technical indicators, price patterns, or fundamental analysis.

Trade entry: When the signal is confirmed, the trading system can enter a trade. The direction of the trade will depend on the type of divergence identified. For example, if a bullish divergence is identified, the trading system may enter a long position.

Setting stop loss: As with any trading system, the divergence-based system must establish a stop loss level to limit losses in case the trade doesn't go as expected. The stop loss level can be set at a strategic point to minimize the trade's risk.

Setting profit targets: The divergence-based system must establish profit targets to close the trade at the right time. These profit targets may be based on identifying resistance or support levels, or other factors.

Overall, a trading system based on divergences uses divergences between technical indicators and market prices to identify potential trading opportunities. Like any trading system, the success of a divergence-based system depends largely on the accuracy in identifying divergences and managing risk and profit targets appropriately.


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Euro Miner  does not use indicators, and it doesn't require complicated settings because user just needs to upload the already available setfile. Euro Miner Pro is very adaptive can be profitable in sideway market and don't worry if have high impact news such as NFP, FOMC , no need to turn off the Autotrading.. you can on 24 hrs 5 days, one time setup and forget just enjoy the profit.. IMPORTANT! for a full support and to get instructions on how to set up, pls leave a message on comment tab a
User friendly Interface. On panel fat finger protection. High speed for sending   manual  orders. Auto follow up for manual orders placed by the panel. Highly customized parameters for automated or manual buy/sell orders. Customized  money management system. Advanced users can choose their buy/sell decision according to their views and leave the rest to the EA to follow up their initial decisions. Beginners can fully rely on the built-in technology  to make transaction decisions. Users can limi
WP7 Premiere Gold
Izaku Mike Annam
This is an Expert Advisor specially designed for trading in GOLD specific pairs. Using a reverse trend follow system when the market has high volatility. Single shoot trading method with take profit and stop loss setting, as well a trailing stop to optimize profits when opening trades. Use the risk according to your whises, there is no guarantee of 100% profit. Live Signal  https://www.mql5.com/en/signals/1957792
Foli Pivots MT4
John Folly Akwetey
Expert advisor trades by pivot levels, support and resistance levels based on pivot levels. Also expert advisor takes into account volatility filter, uses standard Martingale and anti-Martingale systems, drawdown protection, standard trailing stop, trading time and trading Trade Order – direction of trading (only buy, only sell or buy and sell) Use Volatility Filter – enabling/disabling of volatility filter using Volatility Filter – value of volatility filter Count Of Days For Volatility Filter
This Expert Advisor is specially designed for trading on GOLD pair Without using dangerous methods like MARTI and GRID Instruction : - Pair XAUUSD / GOLD - H1 timeframes EA Features : - Start and End Hours - Max Spreads - Symbol Modify - Start and End Bars - Risk Lots 1-100% - TP SL and Trailling - Expiration Orders Important : - Use good risk management - No EA promises continuous profit Performance : https://www.mql5.com/en/signals/2019055
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MerkaStudent is a basic version of an expert advisor that allows us to understand part of the behavior of a chart in historical time. It uses some basic parameters in trading, which allows us to understand mathematically how a chart moves and thus know what is our mathematical expectation in the historical period analyzed. Starting from a mathematical logic, we can create a strategy to evaluate its results.
FREE
"Check out MerkaDrive - the ultimate EA developed for contrarian trading. This powerful system is optimized for trading EURUSD, with a recommended period of H1 and a maximum spread of 10. To get started, we recommend backtesting MerkaDrive on every tick over a period of 3 months to speed up your analysis of past years. And don't forget to personalize your risk management strategy after analyzing previous years' drawdowns. Pro tip: it's always a good idea to test out new systems on demo accounts
To use MerkaStudent Basic you need to purchase the paid version. Once you have purchased MerkaStudent Basic, you have to communicate it by email: to merkabot.io@gmail.com. You will be sent all the necessary documentation to perform the necessary training in the use and understanding of the Expert (EA). The purchase of MerkaStudent Basic includes 4 hours of online tutoring.Note: to clarify any doubts before purchasing the product, you can contact a member of the team by scheduling an onlin
To use MerkaStudent Middle you need to purchase the paid version. Once you have purchased MerkaStudent Middle, you have to communicate it to the email: merkabot.io@gmail.com. You will be sent all the necessary documentation to perform the necessary training in the use and understanding of the Expert (EA). The purchase of MerkaStudent Middle includes 4 hours of online tutoring. Note: to clarify any doubts before purchasing the product, you can contact a member of the team by scheduling a
To use MerkaStudent Advance you need to purchase the paid version. Once you have purchased MerkaStudent Advance, you have to communicate it to the email: merkabot.io@gmail.com. You will be sent all the necessary documentation to perform the necessary training in the use and understanding of the Expert (EA). The purchase of MerkaStudent Advance includes 12 hours of online tutoring. Note: to clarify any doubts before purchasing the product, you can contact a member of the team by scheduli
Geolot EA is an automated trading approach that utilizes a logic of money management and a lot size sequence to operate in the foreign exchange market (Forex), specifically in the EUR/USD currency pair. Here's a description of how the Geolot strategy works: 1. Money Management: Geolot strategy employs specific money management principles to operate with an initial capital of 1.500 euros. This management determines the amount of capital to risk in each trade, based on the distance between posi
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