Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2014.07.30 13:50

Ilan Expert Advisor for Metatrader 4 - expert for MetaTrader 4

| English Español Português 日本語 Deutsch

Published by:
Rinor Memeti
votes: 14
ilan16.mq4 (19.08 KB)view

Real author:

Im not the author I just found it on the Internet and wanted to share it on because I think this Expert Advisor has a lot of potential. I added two versions of this Expert Advisor.


There is no need of an indicator.

The Expert Advisor opens trades with help of RSI and if they dont hit the TP it opens new trades. Its Martingale but very interesting and good in my opinion. Test both because the second one has more settings.


  • Like every Martingale EA it could generate high losses if you dont find the right pair and settings.
Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

TP-SL_Removing TP-SL_Removing

Immediately deletes the SL/TP of all positions.

Closed_TOTAL Closed_TOTAL

Total closure of all positions (winners/losers). You can also select which are of a single instrument.