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Gamma Distribution

The EA is based on and fully complies with principles described in the article https://www.mql5.com/en/articles/250 , which are put into action in the indicator https://www.mql5.com/ru/code/10339 (in Russian). The EA opens and closes orders according to signals of the stated indicator on any time frame (TF) and gains advantage due to forecasting features of the indicator.

Medium-term trading: from intraday trading to trading within several months. Tested on EURUSD.

A corresponding trading position is opened by a signal of the indicator at the beginning of a candle on a selected TF with equal values of take profit (TP) and stop loss (SL) which are specified in the EA's settings. This position is closed by another signal of the indicator or by stop orders of TP and SL.

The EA can close all positions when the signal changes or by stop orders.


  • Hour Begin trade - time to start trading;
  • Hour End trade - time to end trading;
  • The maximum numbers of open trades simultaneously - maximum number of simultaneously opened orders;
  • Volume of the lot (if=0, use the Risk) - initial lot volume ( if = 0, the Risk parameter is used);
  • Risk Automaticaly- as a % of the account - automated reinvestment as % of equity;
  • Experts magic number - unique number of the EA;
  • Maximum deviation from quoted prices (Slippage) - maximum deviation from quotes (slippage);
  • Reverse signal;
  • Close the transaction if the amount varies with the trend+/- m - closing all open positions if trend direction changes from + (positive) to - (negative);
  • TakeProfit, 0 = empty - fixed profit, 0 = profit is not fixed;
  • StopLoss, 0 = empty - fixed loss, 0 = loss is not fixed;
  • Calculate the number of bars - number of history bars used for calculating trading parameters and generating signals by the indicator;
  • Number of bars forecast(how many lines extend into the future) - forecast bar for calculating a signal of closing positions (how many lines will be extended);
  • if=0- use the current bars also, =1 - only closed -=0 - current bar is used, =1 - after the bar is closed;
  • Minimum distance between points P3 (max) and P - minimum distance between P3 and actual price P.
  • The minimum amount trend1 + + trend2 trend3 - minimum sum of 1, 2 and 3 trends;
  • Numbers of bars to calculate the signals on the history.

For example, working on EURUSD D1 from the beginning of 2009 till July 7, 2015, the EA demonstrates following results with lot equal to 0,01, TP = SL = 300 points (4 digit quotes). The chart is given on the Screenshots tab.

  • Bars in test 2272
  • Ticks modeled 3961
  • Modeling quality n/a
  • Mismatched charts errors 0
  • Initial deposit 2000.00
  • Spread Current (2)
  • Total net profit 13988.22
  • Gross profit 29744.90
  • Gross loss -15756.68
  • Profit factor 1.89
  • Expected payoff 8.28
  • Absolute drawdown 0.00
  • Maximal drawdown 2009.69 (35.95%)
  • Relative drawdown 37.69% (1974.76)
  • Total trades 1689
  • Short positions (won %) 881 (63.79%)
  • Long positions (won %) 808 (58.54%)
  • Profit trades (% of total) 1035 (61.28%)
  • Loss trades (% of total) 654 (38.72%)
  • Largest
    • profit trade 29.98
    • loss trade -32.60
  • Average
    • profit trade 28.74
    • loss trade -24.09
  • Maximum
    • consecutive wins (profit in money) 89 (2613.36)
    • consecutive losses (loss in money) 72 (-797.32)
  • Maximal
    • consecutive profit (count of wins) 2613.36 (89)
    • consecutive loss (count of losses) -1480.85 (60)
  • Average
    • consecutive wins 18
    • consecutive losses 11

You can change the history period used by the indicator when generating a signal for market entry and exit.

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The Expert Advisor works on D1 (Daily chart) and any symbol. Min deposit is $100 for the leverage 1:500. The default settings are specified for EURUSD D1. Find the best settings for other symbols. Please backtest the EA or use it on a demo account before launching on a real one. Strategy No indicators, no martingale, no grid trading, no arbitrage. Stops are tight. Settings MagicNumber = 24011988 - EA magic Takeprofit = 200.0 - take profit in points Stoploss = 100.0 - stop loss in points Trai
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Open London Market Breakout Strategy
Roberto La Bella
This EA OLMBS (Open London Market Breakout Strategy) is based on a proved breakout strategy for the London session. The strategy consists to trace a channel based on the last 4 candles in M15 chart just before the London opening (8:00 GMT) and then put a BuyStop at the top, or a SellStop at the bottom of the channel with meticulous Stop Loss and Take Profit (this one is based on a smart Risk/Reward). Some advanced features and filters give the ultimate edge for this EA, and in the long term it i
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This EA uses the same algorithm as the BBE EA The difference is using the Fibonacci rule to Stoploss and Takeprofit . This EA has also been upgraded with Hidden Stoploss, Hidden Takeprofit and Hidden Trailling Stop . Backtesting has not represented the results as expected, because I used it on 10 to 24 pairs at a time including GOLD (XAU) (see on screenshot). The Expert Advisor works on D1 (Daily chart) and any symbol including GOLD Min deposit is $100 for the leverage 1:500 with lotsize 0.0
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Forex Expert Pro is a universal multi-currency EA which automatically performs trading operations, at that pair movement direction does not really matter. The trading robot works on any timeframe and currency pair. It has the reinvestment function, which allows to increase small deposits ($300-$500) within a short period of time. News and market situation do not matter. Trading is performed both during flat and along a trend. The robot does not require optimization and control. Advantages: doe
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Adaptiv Niki Expert
Ewa Filocha
Adaptiv Niki Expert. It is a complicated algorithm to do good orders in the forex market. Sell order mode when the price is high. Buy order when the price is low. Trading hours: 23:00 - 20:00 Take profit automatic closing. Stop Loss - 75 pips. You have to remember that: Smaller Lot size: more pips to have $1 Greater Lot size: the order will be quickly closed Requirements 5 digits brokers. Pairs: EURUSD, GBPUSD. Account leverage: 1:100. Time Frame: M15 Parameters EA TimeFrame=M15 — the time frame
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Executive Multi
Executive Multi is a fully automated Expert Advisor working under EURUSD and GBPUSD No curve fitting according to backtest results. Tested under few data sources to make sure it works under very kind of brokers Trading Method / Logic Yes/No Additional info Martingale X Grid X Arbitrage X Trend Following V Price Action V StopLoss V SL are tight and variable BreakEven V Automated TrailingStop V Automated and variable Pending Orders V min 5 pips from market price Entry Logic V Bo
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