MetaTrader 5
Experts
Indicators
Scripts
Libraries
StorageJoin our fan page
- Views:
- 34856
- Rating:
- Published:
- 2014.12.10 10:39
- Updated:
- 2016.11.22 07:32
-
You are missing trading opportunities:- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration Log inYou agree to website policy and terms of use
If you do not have an account, please register -
Need a robot or indicator based on this code? Order it on Freelance
Go to Freelance
TrendCollector is the EA based on price action, Stochastic indicator, specific EMA's (206) crossings, and trade size variability based on ATR and time of a day.
It is also watching for the price position with regard to 204EMA and distance from this EMA.
This EA is also using the fundamental news avoidance system based on parsing news from "http://www.forexfactory.com/ffcal_week_this.xml" feed.
External variables:
| Input parameter name | Type | Description |
|---|---|---|
| EA_FAST_MA_TH | int | Fast moving average treshold (treshold for the EMA4 speed) |
| EA_SLOW_MA_DISTANCE | int | Slow moving average treshold (treshold for the EMA204 speed) |
| EA_MA_METHOD | ENUM_MA_METHOD | MA Mehod (Default: EMA) |
| EA_MAX_OPEN_TRADES | int | Number of maximum open trades |
| EA_MAX_OPEN_SAME_TRADES | int | Number of maximum open trades in the same direction |
| EA_SL_PIPS | int | Number of SL pips for normal trade ATR > EA_ATR_VOLATILITY_TRH |
| EA_TP_PIPS | int | Number of TP pips for normal trade ATR > EA_ATR_VOLATILITY_TRH |
| EA_TP_PIPS_LV | int | Number of TP pips for low volatility trade ATR < EA_ATR_VOLATILITY_TRH |
| EA_TRADING_START_HOUR | int | Start hour of the trading session |
| EA_TRADING_END_HOUR | int | End hour of trading session |
| EA_ATR_VOLATILITY_LIM | double | Volatility limit (Under this ATR limit no new trades are openned) |
| EA_ATR_VOLATILITY_TRH | double | Volatility treshold is used to separate trades into low and high volatility trades |
| EA_TRADE_LOT_SIZE | double | Default LOT size for a trade |
| EA_SPREAD_LIMIT | int | Maximum allowable spread limit |
| EA_TRADE_MAX_SLIPPAGE | int | Maximum allowed slippage |
| EA_FREE_MARGIN_LIMIT | double | Limit for the free margin to enter the trade |
| EA_STOCH_UPPER_LIMIT | double | Stochastic indicator upper limit thats crossing is used to enter the trade |
| EA_STOCH_LOWER_LIMIT | double | Stochastic indicator lower limit thats crossing is used to enter the trade |
| EA_MIN_PAUSE_BTW_TRDS | int | Pause between opening trades on the same currency |
| EA_TIME_FRAME | ENUM_TIMEFRAMES | Default time frame used for the EA |
| EA_NEWS_HUNTER | bool | News hunter enabled/disabled (RSS feed is comming from: http://www.forexfactory.com/ffcal_week_this.xml) |
| EA_NEWS_HUNTER_TIMESPAN | long | News hunter timespan specifies the time limit for the trade enter. If the news regarding currency is closer in time then this timespan the trade is not entered. |
Recommendations:
- This EA can be scaled for both small (100USD) and big accounts
TODOs:
- Implement zone recovery algorithm in case of trades going against the open position.
Murrey EA
This Expert Advisor is based on Murrey lines, Stochastic Oscillator, Bollinger Bands and Candles.
Trailing Stop EA
The EA manages open position with a user defined Trailing Stop.
Extremums
This script makes horizontal lines, that shows max and min price values for a period of time.
Hybrid Scalper
Hybrid Scalper is the Expert Advisor based on many indicators.