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
92741
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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Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
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EA Smile 3 MT5
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Encrypter 1 EA
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Encrypter 3 EA
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Ready to give a boost to your operation in the financial market?   Our EA is the ally you need.   But before going into details, let's remember the golden rules that guide our description: Rules We Respect   : No Promises of Earnings:   First of all, we are realistic.   We do not guarantee instant profits.   Trading is a world of risks and rewards. No Exaggerations:   We do not need to resort to exaggerated superlatives to highlight the advantages of our product.   The facts speak for themselve
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
92741
Evgeny Belyaev 2023.11.01 00:18 
 

Good EA

Gundolfer
551
Gundolfer 2023.10.27 09:28 
 

👍

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