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Experts

Basket Manager EA - expert for MetaTrader 5

Yashar Seyyedin
Views:
1903
Rating:
(2)
Published:
2025.05.22 08:35
Updated:
2025.05.24 06:23
Download as ZIP, How to download code from MetaEditor
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The rules are:

  • if you have less than n-positions open the EA will do nothing.
  • the moment you open the n-th position the EA will close all previous positions if their total PnL is positive.
  • if you have greater(or equal) than n-positions it will close everything as soon as the total PnL is positive.

 The rules above guarantee that you won't grow a too large basket that cause risk to your capital. Also it will help you with saving profit every now and then.

Note that the positions have to have same amount of risk(not necessarily lot size as the volatility could be different on different instruments).

RSI Divergence RSI Divergence

This indicator takes RSI divergences and plots them in buffers to automate EAs

Auto SL TP by Risk Reward Ratio Auto SL TP by Risk Reward Ratio

The Auto SL TP by Risk Reward Ratio script is a simple yet powerful tool designed for MetaTrader 5 traders who want to streamline their risk management process. This script automates the process of setting Stop Loss (SL) and Take Profit (TP) levels for open positions based on a user-defined Risk:Reward ratio and Stop Loss in pips. Whether you're a beginner or an experienced trader, this script saves time and ensures consistent risk management.

Candle Filter Candle Filter

The Candle Filter indicator is a customisable tool designed to filter and highlight candles on the chart based on specific criteria. It allows the trader to visualise only the candles of interest, such as bullish candles, bearish candles, Doji candles or all candles simultaneously. In addition, the indicator offers full control over the colours of the candles and the chart background, providing a clear and adaptable visual experience.

Function for checking whether the market is open for trading at the moment by the current symbol Function for checking whether the market is open for trading at the moment by the current symbol

The function can be useful to not overload the server with trade requests at times when the market is closed for trading