Hello all;I am Looking for a
partner to help me (eventually) create an EA. I have created a unique
profitable trading system, and have come to the end of how much
better I can make it.Unfortunately the 4 indicators that the
system uses are not optimally coded to do exactly what I need them to
do. To be honest I don't even know if some of the things I need done
are even possible in MT4. One such problem is taking the angle of a
Linear Regression channel, turning that into a variable,(stated in
degrees) and being able to use that as a basis for SL's and
TP's.(plus or minus a few pips) If that cannot be done, I hope that
it would be possible to at least take the last value of the
top/bottom of the channel and divide that by the first value of the
top/bottom of the channel, thereby giving a value which would give an
indication of how much the channel is actually tilting, up, down, or
not at all. I do have a work around for this if it is not possible
to do either. To make things even more difficult, none of
this is done on a time based chart,(I use median renko bars) however
I would need to pull variables from a time based feeder chart and
display and manipulate them on the offline chart. When the EA is
actually created, all the trades would be based off the indicators on
the offline chart, using a few variables from the live chart. I am
sure you know that while median renko bars are not time based,
the values of the regression channels are constantly changing on a
per tick basis, as data is fed from the feeder chart.I
designed it to trade whether in a trend or in a range, although when
the pair is ranging it does not trade as much, because there is not
enough pips to be had between the outside lines of the channel.
Risk/Reward is actually controlled within the system, if there is not
enough of a potential reward the system wont open a position. The
bare minimum is 1:1 and that only happens off a bounce with both K%
and D% of the Stoch in agreement, as well as the SSRC.(normal
Risk/Reward is 1:2.85, I have read that pro traders like 1:3, however
1:2.85 is the best I could do, realistically) Of course Risk/Reward
is honestly based off the pair you are trading, right now the 50 day
average range of USD/CAD is 47 pips(bread and water) EUR/JPY is 187
pips.(steak and potatoes)To give you a rough idea of what
needs to be done: Two indicators need to be
optimized/changed, should be simple as it is a daily H/L/O/C and a
default linear regression channel. A custom indicator
will then need to be created to display merged data from those two
indicators, on the offline chart.(Along with the variables from the
feeder chart) The custom Stoch indicator that I have
needs to be overhauled.
The custom SSRC indicator that I
have needs to be adjusted.
A custom indicator would need to
be created to incorporate the system into symbols that would show the
state of the indicators, along with a simple Buy/Sell/No Trade,
I would need some time to trade
the system manually with real money.(my money) I do not back test,
back testing is deceptive in nature: no spreads, no news, no “bank
burst” buying or selling, that is why I do not back test. I only
trade with micro positions when testing, 10 cents a pip, so live
testing is really not that big of a deal.
If everything is good at this
point, the work can begin on the EA. I think this will be the most
difficult part. Knowing when to open or close a position is simple
compared to the task of actually optimizing the automation of
managing the trade. If you have used renko or median renko then you
know that during news the chart can print 10-20 bars within a few
seconds,(and that is using 6-10 pip bricks) having the software deal with this in real time will be
difficult. The news is not that hard, you can always turn off the EA
on big news releases, but you cannot know the future time of world
events,(NK launching a missile, or a terrorist action, as examples)
and you cannot know the time of a bank taking a position with a few
billion dollars. We can both use a demo account for the EA, when it
is created, to compare settings and see which are best for automated,
So if anyone, that is extremely
knowledgeable with coding indicators and EA's for mt4, is interested
just leave a reply. This is not a project that will be completed
overnight, or in a few days, however I will promise not to waste your
time as I will keep working until the system can be decently
profitable, and fully automated. I have spent over 480 hours on this
and have tested it on EUR/USD, EUR/JPY, GBP/USD and USD/JPY. As I
stated the system is profitable, it is just extremely difficult to
trade this “as is” manually, because none of the indicators do
exactly what I need them to do. Some do too much, which add
info/variables I don't need. Some are horribly programmed, which
have loops that lock up the cpu,(I have a quad core proc and mt4
won't use more then one of them at a time) and some do not do enough.
I also do not want to scare anyone
away that would like to help out, because this sounds too difficult.
The system only uses 4 indicators: Daily H/L/O/C, Stochastics, SSRC,
and a Linear Regression Channel. I understand that Stochastics and
SSRC are similar, however I use the SSRC as a filter, as I do not
think it will be possible to take angles from the regression channel.
The system itself is pretty simple, it is just that the indicators
need adjusting and coded correctly, and it needs automated.
So if anyone wants to help out,
but do not feel that can do the whole thing, I will still provide you
with a copy of the end result for your part in helping.
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher proba
The indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
The supported features are as follows:
Fast Volume Moving Average Slow
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.
An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper. The system is identical to the averaging system created for MetaTrader 4. A demo version of the averager for MetaTrader 5: Averager DEMO.Note: this is not an automated trading system (the EA doesn't work in the strategy tester). It monitors your deals and averages them in case o
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
Virtual TrailingStop is an Expert Advisor that manages trailing stop without sending its information to the broker server.
EnableVirtualTrailingStop: enable or disable whole function VirtualTrailingStop: the pip use for determine how far the Virtual Trailing Stop will placed calculated from current price StartFromBreakEven: true/false. If true, Virtual Trailing Stop will placed after breakeven BreakEvenPoint: point profit from order open price where the Virtual T
If you want something as below:
Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading."TradeCopier_source" and "TradeCopier_follow" can help you!
Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points.
It finds a pair of pivot lines for each interval which correspond to Low (support line) and High (resistance line) of the price movement on the interval. Difference between these lines represemt the price movement for the
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
Fast Copy MT5 allows to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT5 —> MT5 MT5 —> MT4 MT4 —> MT5 MT4 —> MT4
* For any interaction with the MT4, it is necessary to additionally install Fast Copy MT4
One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
The indicator marks supports and resistances of each rebound, also the maximum price and the minimum price of the day.
It has a basis for developing strategies, as well as for a good technical analysis.
It is very easy to detect trends, channels, trend changes, breaks and other events.
It works in any timeframe as in any type of market.
No additional parameters are needed.
This is an extended version of OsMA that uses 4 colors (rise, fall above 0; rise, fall below 0). You can use 21 variations of the moving average for each of the straight lines uses, as well as for smoothing the total variance, and 11 price options for "fast" and "slow" MAs.
Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average
MACD All MAs-14 is a MACD indicator that allows choosing usual parameters of the standard MACD (constructed from EMA) as well as the type of the moving average to be applied: up to 14 different types.
You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA.
Method MA - select the type of moving average to be displayed in the current graph. Period slow MA - the number
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
Thanks for the advice, however if I just wanted to buy everything, I already have an individual that codes extremely well:
Moderator edit: URL Removed
Has done multiple indicators for me, a little pricey, but professional. The reason I did not go to him first is because this is for adjusting multiple indicators, as well as creating multiple custom indicators, and an EA.(as well as helping test it) If it comes down to it, I will eventually pay to have it all done, but then I certainly won't share it here. I thought this website was a good place to find a programmer that wanted to help with a project for both the mutual benefit of them and myself.
By the way he has multiple, profitable EA's that he is willing to sell, however the prices start at a few thousand Euro each, I would rather create something myself.(besides the wife wont allow me to spend that, LOL) I thought about just learning how to code myself as I do have a programming background, however that would take a few months to learn and I have already spent almost 500 hours on this as it is, but I guess the option is always there. I will give this thread a week, if there is no interest I will move along and progress it elsewhere. Thanks for the advice though, always happy when someone tries to help out.
Look here: https://www.mql5.com/en/users/register
Sorry did not see that as advertising... He posted a link for me to buy something, is that not advertising?(by the way you did not edit his post) I simply let him know if I wanted to buy something, I already had a source. I do not back test as back testing does not include spreads, news, or random events. I test by trading with a live account, micro account so there is no great loss trading @ 10 cents a pip. I would consider showing my live account, how much data do you need?
EDIT TO ADD: Here I was in a trade, when you asked, so I closed the trade. Yeah it is cherry picked, got too have humor in life to enjoy it :)
Credit for close #8559055
The link that ubzen provided is just the same as the one at the top of the page called Jobs, it is a MetaQuotes organised service that brings together customers for and providers of coding services.
A few years across a few instruments would suffice as long as it is all using the same strategy applied in the same way.
Fair enough, since I test live, what you are asking, would take a few years, as old as I am, I would rather not wait that long. By the way, if you have read the original post, and noticed the sell, you would see that the 1:2.85 risk/reward was met, the Stoch did not turn up until 128.990, 50 pips for a risk of 14 pips. Give the thread a week, if no one is interested, I will go elsewhere, was just trying to present an opportunity, if anyone was interested.
So back test and get the data quicker . . . a few months of data does not prove consistency.
R:R on it's own is meaningless . . . you can have a Risk of 10 and a reward of 100 and still have a losing strategy, conversely you could have a risk of 100 and reward of 10 and have a winning strategy.
To back test would I not have to have an EA to begin with...
I don't think he realizes that mql4.com gets allot of these requests from people who provides even stronger details of their manual systems. These requests goes un-fulfilled because most programmers don't have time to program, de-bug, back-test, demo-test and penny-test other peoples systems.
If I could make these requests and someone complied, I wouldn't have spent 3_years on this forum learning, and hours building my own stuff. I guess the absence of time can make people consider smarter ways of shifting work. But smart or not, its un-likely. The people asking for partnerships would never agree to manually-trade for the programmer [something they can do]. But thinks someone programming for them is a fair-deal.