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xLiquidex_V2_Mod1 - expert for MetaTrader 4

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Views:
19617
Rating:
votes: 21
Published:
2014.08.19 13:12
Updated:
2016.11.22 07:32
\MQL4\Indicators\

X-liquidex is an Impulsive/Volatility/Breakout Expert Advisor. It uses Range, Moving Averages and Keltner channel.

It's logics is simple yet powerful. It can best operate in time-frames that are below M30, but deep research and testings as well has to be made before it is used in the time frames.

Trade logics

Buy

  • The prices should break above the keltner channels;
  • Candle stick should be Z pips long;
  • The prices should also be above the moving average.

Sell

  • The prices should break below the keltner channels;
  • Candle stick should be Z pips long;
  • The prices should also be below the moving average.

Position management

  • Break even after A pips;
  • Trailing stop after B pips;
  • Take profit after C pips;
  • Stop loss after the position goes against you by D pips.

Pros

  • It is highly profitable;
  • Most of it's trades have a high chance of materializing to profits.

Cons

  • Slippage is a challenge but due to it's high probability of winning trades as well as trading towards markets volatility is wins most of the time.

Consideration

When using it please do consider to minimize latency for better performance.

Your inputs will be highly appreciated as well as observations.

In case you need a premium version of it that has more volatility filters, you can reach us at info(at)sbginter.com

MODIFICATION

  • Equity protection;
  • Hours trading and deleting pending trades outside working hours;
  • Put all Bid in ticks in a matrix;
  • Calculating volatility for resizing all the tick matrices.
Horizontal Grid Lines Horizontal Grid Lines

Draws horizontal grid lines at specified distances.

Signal for Trend Signal for Trend

The indicator shows trade signals using combined Stohastic with breaking of High/Low by Moving Average.

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Trade using Renko Boxes in MetaTrader 4.

Regression Channel with variable polynomial degree, Indicator & EA Regression Channel with variable polynomial degree, Indicator & EA

This is a fast adaptation of old source to MetaTrader 4 b600 environment.