EA Smile 1 MT5

4.67

The EA tries not to open more than two positions of each type (BUY and SELL). The following rule is used: if there is a position, then the next position of the same type can be opened no earlier than after Trade once in the "timeframe of checked elements" * number of seconds on the History: timeframe of checked elements timeframe.


Input Values

  • Trade once in "timeframe of checked elements" - the minimum time interval, after which the second position can be opened (the parameter value is multiplied by History: timeframe of checked elements);
  • Minimum indent from to the consolidation line to open a position - the minimum distance from the current consolidation line to position opening level;
  • History: range candle (High - Low) - the minimum candlestick size for calculating consolidation;
  • History: data count to copy - the number of requested elements for calculating consolidation;
  • History: number of checked elements for Max and Min - the number of analyzed elements inside History: data count to copy;
  • History: timeframe of checked elements - the timeframe, on which consolidation is calculated;
  • Risk in percent for a deal from a free margin - risk per trade calculated as percent of free margin;
  • Stop Loss - the stop loss value (50 means 0.00050 on 5-digit quotes and 0.0050 on 4-digit quotes);
  • Min profit (percent) - the minimum profit (in percentage), upon reaching which all positions are closed;
  • magic number - unique identifier for the EA.

The Expert Advisor determines price consolidation levels. Consolidations are visually displayed as horizontal lines on a chart, forming a kind of a channel. The two upper lines (green) indicate the corridor for BUY positions, and the two lower lines (red) mark a corridor for SELL positions:

Testing results on EURUSD, H1 with default parameters:

Reviews 3
Evgeny Belyaev
92847
Evgeny Belyaev 2023.11.01 00:18 

Good EA

sindicato
94
sindicato 2024.02.01 20:32 

Muy bueno para algunos indices.

Gundolfer
551
Gundolfer 2023.10.27 09:28 

👍

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Welcome to BIG Gold AI  ! This is a Fully Automated L ong‑Term  GOLD Trading System with 8 Pattern AI Models! We don't use "Martingale ", We don't use "Grid",    We don't use "L evel Breakout ",   We don't use "ChatGPT", We don't use Non-Realistic Backtests! Each trade has a Fixed TakeProfit and Stop Loss . Each strategy has its own Algorithm for Tracking Profitable Positions. Big Gold AI contains 8 separate Different Pattern AI Strategies within itself, each of them with its own logic and profi
Bitcoin Scalping MT5
Lo Thi Mai Loan
5 (6)
[ IMPORTANT ] REAL CLIENT FEEDBACK :  https://www.mql5.com/en/market/product/127498/comments#comment_58814415 [ IMPORTANT ]  UPDATED (1 YEAR PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_59233853 [ IMPORTANT ]  UPDATED (1 YEAR 6 MONTHS PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_60000067 [ IMPORTANT ]  UPDATED  (2026/09):  https://www.mql5.com/en/market/product/127498/comments/page2#comment_60389797 [ IMPORTANT ] UPDATED (2026/
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Encrypter 4 EA
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Its focus is on advanced strategies that identify trading signals based on key indicators. Featured Features: MACD Signal Analysis   :     The EA uses the Moving Average Convergence/Divergence (MACD) indicator to identify trading opportunities.   Logic is included for MACD reversal, crossover and crossover signals. Position Management   :     Offers advanced position management features, including closing all open positions and checking the existence of positions for a specific symbol and magic
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sindicato
94
sindicato 2024.02.01 20:32 

Muy bueno para algunos indices.

Evgeny Belyaev
92847
Evgeny Belyaev 2023.11.01 00:18 

Good EA

Gundolfer
551
Gundolfer 2023.10.27 09:28 

👍

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