Position Trader EA

4.6

Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products.

The EA will automatically scale into market structure moves using "elastic band theory" and mean revert moves taken by the banks and institutions using either the RSI indicator or extensions of the average daily range (ADR) of any forex instrument you want to trade. Position trading is a method of entering the market using small risk and multiple entries, meaning the accuracy of the initial trade entry is less important than the way the trade is managed by the EA after entry. Markets are unpredictable and virtually impossible to time movements in with any kind of accuracy that is sustainable long term, this is why the majority of trading strategies and traders fail. You can also convert virtually any strategy you currently trade or have traded in the past into a position trading strategy by simply taking an initial market entry using the quick trading buttons on the EA. Once this initial trade is taken, the EA will then either auto close the trade when at a designated profit level or turn the trade into a position trade by scaling in on the next leg of the market structure move for you.

The inputs for the EA and full manual are here: https://www.mql5.com/en/blogs/post/756484

MT5 Version Available Here: https://www.mql5.com/en/market/product/115359/

What's New in Version 2.0!

- Added market reversal alert indicator logic as a signal option. This is a modified logic from the market reversal alert indicator that will only signal at high and low of the day areas where the RSI and ADR conditions naturally trigger. The indicator for this alert will only draw on the chart if setting up and all other condition filters are true (candle close above/below level, time of day etc). Once triggered or invalidated it is removed.
- Added new entry signal for 3 bar reversal price action patterns. This popular 3 bar pattern is a strong reversal signal based on opposite parties taking control of price action.
- You can now choose to use more than one strategy at once and the EA will only take one trade, not 2 if both RSI and ADR conditions are met at the same time. This was a bug that occasionally occurred in very strong intraday pushes only.
- New option to only trade once per day in each direction. If multiple ADR/RSI conditions are detected in a day and multiple signals occur, while a trade has already been taken and hit target, no additional trades will be taken that day. This was occasionally problematic for those scalping small trades using ADR specifically. This does NOT affect the scaling in logic if price pushes beyond the next additional entry level.
- New option to have stop losses NOT removed by default for those that may want to use stops with market reversal alert signal entries. The position trader EA can now mimic most functionality present in the old market reversal alerts EA for those wanting to use stop loss strategies.
- New option to adjust the ADR multiple used for stop loss and risk calculation. This was previously always calculated over 1 ADR. You can now use multiples like 0.5 or 0.25 ADR which would be 1/2 or 1/4. This input is to assist those wanting to use stop losses and needing tighter than 1 ADR distances.
- Added an option with the ADR reversal strategy for the close of the signal candle to be beyond the ADR level for a trade to be taken. This will mean signals that touch ADR and reverse will not trigger an entry and will need stronger movement before attempting to get into a position.
- Option to use one or all signal types. The logic of the EA is adjusted as we now can choose more than one entry signal (moving average, 3 bar reversal or market reversal alert). If you select more than one signal and multiple happen at once the EA will only take one trade so you can select any combination of signals you want to use.

- Added average price line option so you can see the average of positions plotted on the chart to aid with targeting.

Main Functionality:

  • Fully automated trading of RSI based mean reversion strategy.
  • Fully automated trading of ADR based mean reversion strategy.
  • Settings to fine tune each of the above strategies based on your requirements.
  • Simple, configurable entry condition using any moving average to trigger trades when strength is detected in the direction the strategy will trade.
  • Manual trade buttons to take initial entries or place manual additional trades in any existing position as well as close out trades.
    (Use these to trade any strategy and let the EA automatically turn trades that don't work into position trades).
    v1.2 - Buttons now work in the strategy tester too!
  • Perform automatic drawdown control (scaling out of losing trades) as they hit specific percentages in drawdown on your account.
  • Perform aggressive drawdown control (full size trades with stop losses) when your total position hits a specific percentage of your account in drawdown.
  • Total control over the minimum distances between trades in each position and the lot size increment (if required) for additional trades.
  • Risk auto calculated based on percent of your account size or a fixed lot size.
  • Individual exit targets based on a percentage of your account for individual trades, positions in a single direction and all trades open on each instrument traded.
  • Trade time filter to ensure no trades are taken during swaps where high spreads occur.
  • Can trade on any timeframe using the RSI mean reversion strategy (M5 timeframe recommended for ADR strategy)

EA Functionality & Logic:

The EA monitors the market for extended conditions on RSI or ADR depending on the strategy you are trading and will then, once the conditions for a trade are met, monitor the timeframe it is running on for an entry into the market. The entries are all taken using a moving average on the timeframe the EA is running on. e.g. if you run the EA on the M5 timeframe it will take a trade when the price closes above or below the MA you set in the inputs on that timeframe. The moving average entry logic is that price needs to open above the moving average and close below it to take a short entry and the opposite for longs. The EA monitors the last candle closed. When a trade is placed the EA will then auto calculate a level above shorts or below longs based on average daily range and get ready to add additional trades if price exceeds this level. The lot size of the next trade is also auto calculated by the EA, this level and the lot size are determined by the inputs you select. The EA automatically monitors the current profit and drawdown of each trade and the total position (all trades in the same direction) and will automatically close either complete trades or partial size based on the inputs for drawdown control and profit targets.

Recommended Setup For The EA:

The strategies for the EA was developed on forex markets as they have a very rhythmic movement and market structure is often clearly defined so you should be able to run the EA on any forex pair but any other instrument will also work so test! 

As with all EAs it is advisable to have the EA running on a machine that is left on 24/7 so the EA can work constantly and monitor the market for you. It is recommended to run the EA on the M5 timeframe for the ADR strategy and if you are trading using RSI it is advisable to also use M5 or M15, assuming you are monitoring RSI levels on the H1 and H4 timeframes. The EA enters the market using a moving average as the entry signal and that is on the timeframe it is running on. Bear in mind if you set the EA to manual mode where it uses the trading buttons only, it will still manage any entries you take with the buttons on the version of the EA running on your VPS/trading PC. Run each strategy you trade on a seperate terminal and seperate trading account so the EA doesn't not get confused with multiple entries using multiple strategies on the same account/terminal. This is best practice for all trading.

My setup: I have multiple terminals running on my own VPS, each terminal is logged into a different trading account and each account is only running one strategy. This way I know exactly what is and is not working at any time. Each terminal has every chart I want to trade opne (all FX pairs in my case) and the EA is set on each chart on the M5 timeframe and will auto enter for me based on RSI or ADR depending on which acocunt it is.
On my trading PC that I use for analysis in my office I also have the EA running on a chart but set to "button trading only" mode. This means I can manually add trades into a position and then the EA running on that chart on my VPS will take over, adjust the next entry level and lot size for me.

Recommended Pairs:

The EA is predominently designed to trade the FX markets but the concept of position trading will work on most instruments that have regular predicatable movement. To limit exposure it's advisable to only trade a limited amount of currency pairs so you do not get over exposed to any one currency too many times as this would harm your account during a squeeze on that currency.
As a guide a good range or forex pairs to trade would be AUDCAD, AUDNZD, EURGBP, EURNZD, GBPUSD, NZDCHF, USDCAD, USDCHF. JPY pairs trend hard at times making position trading more difficult but you can trade this pair but be ready to do drawdown control should a squeeze occur! CHF pairs are also tricky at times as this currency is used as a safe haven so if you want to be super safe you can also avoid pairs crossed with that. Other crosses which perform well and you could incorporate would include AUDCHF, CADCHF, EURAUD, EURCAD, EUFCHF, GBPNZD, NZDCAD and NZDUSD.



Reviews 12
Simba Finance
281
Simba Finance 2025.02.20 17:25 
 

Excellent EA. Lee's support is great as always, and he's using the same tools every day on the livestreams.

ywillems
67
ywillems 2025.01.17 10:08 
 

This farmost the best EA i've ever used. Not a "set and forget" EA, but defenitly profitable. I'm using this EA now since 3 months and experience a average profit of 25% monthly with an overall DD of max 28%. My settings are rather conservative with a 0,5% risc and 0,25% and 0,35% TP (singel and multiple position respectively). I don't use automatic DD control but i "trim" the open positions in DD as soon as the number of open positions exceeds 3 (thus starting from 4 and above). I use the EA for all the forex pairs as indicated in the EA description (no JPY a,nd CHF). Good job!!

TYoung6610
196
TYoung6610 2024.10.07 19:15 
 

I have been trading the Position Trader EA for four full weeks (demo), starting on 9/9. My results have been incredible. I currently have a 42.48% gain with a maximum 12.9% drawdown, which recovered fairly quickly. I am aware that I entered into a favorable market condition for the EA and that this will not happen every month. My risk may be too high, but I can easily adjust that, and would be very happy to have a much smaller percentage gain than 42.48% a month. Lee is a great teacher and programmer. I highly recommend that you check out his methods and products.

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1 copy left for $225  Next price  --> $299  Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position ma
ChimeraFxTool
Marve Edom Agbor
5 (1)
CHECK COMMENTS SECTION FOR BACKTESTING PARAMETERS.. The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO)   - No Martingale   - No Grid   - No Hedging Best Risk Management   - Daily Loss limit   - Stop loss and TP protections Best Profit Factor   - Daily Max Profit Lock Protection   - Monthly Profit Lock Protection Best Signal Accuracy    - Best candle Patterns    - Best timed Response     Strategy    - Trend Tracker    - Neurological bas
A gold trading expert advisor is a sophisticated software program designed to analyze market trends and execute trades on behalf of the user in the gold market. This type of expert advisor utilizes advanced algorithms to identify profitable trading opportunities and make decisions based on pre-defined criteria and parameters. The gold trading expert advisor is capable of monitoring the gold market 24/7, identifying potential entry and exit points, managing risk levels, and executing trades aut
Aura Neuron MT4
Stanislav Tomilov
4.56 (9)
Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced Neural Networks and cutting-edge classic trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pair XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques, such as martingale
Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My community of over 14,000 members on MQL5 . ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. EA will be sold in limited quantities to ensure the rights of all customers who have purchased. - REAL SIGNAL  Default Setting:  https://www.mql5.com/en/signals/2329380 AI Gold Sniper applies the latest GPT-4o model (GPT-4o by OpenAI) in XAU/USD trading designed based on a
Gold Trend Scalping MT4
Lo Thi Mai Loan
5 (3)
LIVE SIGNAL BLOG-1 Welcome to Gold Trend Scalping LAUNCH PROMO: BIG SALE 50% in 48 HOURS- $499.99 The price will increase by $100 with every 10 purchases (9/10) Final price: $1999.99 Details about params Gold Trend Scalping is the first EA I designed specifically for gold.  The EA uses a following trend trading strategy based on larger time frames.  It employs a super trend to detect the main trend of the larger time frame and then opens trades on smaller time frames.  The EA always uses a fi
Vortex Gold MT4
Stanislav Tomilov
5 (4)
Vortex - your investment in the future The Vortex Gold EA expert Advisor made specifically for trading gold (XAU/USD) on the Metatrader platform. Built using proprietary indicators and secret author's algorithms, this EA employs a comprehensive trading strategy designed to capture profitable movements in the gold market. Key components of its strategy include classic indicators as CCI and Parabolic Indicator, which work together to accurately signal ideal entry and exit points. At the heart of V
Bitcoin Robot Grid MT4
MQL TOOLS SL
5 (17)
Bitcoin Robot Grid MT4 is an intelligent trading system designed to automate BTCUSD trading using the grid trading strategy. This method takes advantage of market fluctuations by placing a structured series of buy and sell orders at predefined price levels. The robot   continuously monitors market   conditions and executes trades according to its preset parameters, allowing for consistent market engagement without the need for manual intervention. Bitcoin Robot Grid is the   perfect solution  
Croesus Gold EA MT4
Lin Lin Ma
3.2 (5)
Product Introduction to Croesus Gold EA   Croesus Gold EA is a professional automated trading tool developed specifically for the MetaTrader 4 (MT4) trading platform. It focuses primarily on the XAUUSD (gold) trading instrument and is highly optimized for 5-minute (M5) chart scenarios, aiming to provide traders with efficient and precise automated trading solutions. Given the characteristics of gold’s frequent short-term price fluctuations and fast market rhythm, this EA replaces manual monitor
Gold King AI MT4
Rodrigo Arana Garcia
Launch offer!!! Only 3/5 copies left at this price ---> Next price 175$ //  MT5 Version Contact me after your purchase and get one of my robots for free (worth over 200$). Gold King AI was created using TensorTrade, an open-source Python framework designed specifically for building, training, evaluating, and deploying robust trading algorithms using reinforcement learning. The algorithm operates during the New York trading session. After analysing the market for a couple of hours to identify ar
Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My community of over 15,000 members on MQL5 . ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL  IC Markets:  https://www.mql5.com/en/signals/2321981 AI Indices Scalper   leverages   GPT-4o   for NASDAQ100 (USTEC) trading, deploying a   Transformer-based neural architecture   to execute precision breakout scalping. The system integrates: Cross-Market Inte
Aurum AI mt4
Leonid Arkhipov
4.94 (31)
Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade as effective as possible. Promotion Discount - 40%. 3 copies available at a price of   $275 Bonus for Aurum AI – exclusive GoldPrime AI advisor
Opal
Oeyvind Borgsoe
Opal is a powerful tool using cutting-edge algorithms and AI-driven calculations. This fully automated EA encompasses the exceptional qualities we associate with the opulent gemstone: proper decision-making, prudence and strong protection. The capital is protected by advanced money management modules, filters, two-step trailing stop and flexible customizing. Opal also takes into account the study of psychological levels in financial markets. Most human beings think in even rounded whole num
HFT Prop Firm EA
Dilwyn Tng
4.97 (626)
HFT Prop Firm EA is  also known as Green Man due to its distinctive logo, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. With version 5.8 and above GreenMan  HFT Prop Firm EA is plug and play for for almost true HFT prop firm challenges without setfiles with it newly improved automatic features. For limited period: Free utilities worth $198 when you buy HFT
BitcoinRobot
Murodillo Eshkuvvatov
5 (2)
SET FILE Manual Guidebook  Why Bitcoin trading 1.   Elite Precision Precision – Redefining Trading Cutting-edge algorithms fine-tuned for pinpoint execution. Smart setups crafted to navigate risks and seize opportunities. 2. Adaptive Market Strategies with Real-Time Price Movement Markets shift—but Bitcoin Robot is built to adapt instantly: Trading in trending, volatile, or ranging conditions. Captures breakouts, reversals, and price surges before they happen. Dynamic strategy adjustments en
Golden Scalper PRO
Felipe Jose Costa Pereira
3.83 (12)
Golden Scalper PRO: Our Technology by Your Side! Manual and configuration files: Contact me after purchase to receive the manual and configuration files. Price: The price increases according to the number of licenses sold. Available copies: 3 Trading gold, one of the most volatile assets in the financial market, requires high precision, thorough analysis, and extremely effective risk management. Golden Scalper PRO was developed precisely to integrate these pillars into a robust and sophisticate
Omega Code
Nguyen Hang Hai Ha
Introduction EA Omega Code is a core strategy that has been distilled over many years of research and optimization for the Forex and Gold markets. The strategy combines Scalper and Trailing to optimize performance and reduce risk. Trading orders have Stop Loss, Trailing for customization, and provide many other parameters to optimize the system to suit each user's trading plan. Promotion: with the purchase of Omega Code, users can access the source-code. If you are really interested in the sour
ADVANCED  MULTI SCALPING EA  - is fully automatic multi-pair trading system -   very safe with steady growth . This profitable  scalping   EA is really one of the most stable system on the market at the present time - it takes around 70-100 trades per month.  U se Set_files  from "Comments" section for using/testing the EA. Features of EA: Additional spread settings. Adjustable Volatility-Adaptive Stop Loss. SWAP display for Long/Short. Fixed_SL option. System   is safe   and  NOT  using any da
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Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500. These opens happen at the same time every day, so you know when volatility will occur, and often just after the open strong trends form which you can capture with this EA. The opening range is t
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a po
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a po
Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500. These opens happen at the same time every day so you know when volatility will occur and often just after the open strong trends form which you can capture with this EA. The opening range is typ
The Market Reversal Alerts EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the re
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a da
Take advantage of the opening volatility of the major stock indexes and profit from the sudden moves created at those times when the market breaks away at the opening bell. The strategies' goal is to simply benefit from those days when the market moves fast and hard in one direction at the open and bank that move. If the market opens weak and directionless, the EA locks in a hedge loss and waits for the market to decide on a direction before exiting the positions. The stock index hedge EA analys
Take advantage of the opening volatility of the major stock indexes and profit from the sudden moves created at those times when the market breaks away at the opening bell. The strategies' goal is to simply benefit from those days when the market moves fast and hard in one direction at the open and bank that move. If the market opens weak and directionless, the EA locks in a hedge loss and waits for the market to decide on a direction before exiting the positions. The stock index hedge EA analys
ADR Alert Dashboard
LEE SAMSON
3.83 (12)
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The ADR Alert Dashboard shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The dash is designed to be placed on a blank chart and just sit in the background and alert you when levels are hit so you do no
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a da
Zone Trader MT4
LEE SAMSON
5 (1)
Trade support and resistance or supply and demand zones automatically once you have identified the key areas you want to trade from. This EA allows you to draw buy and sell zones with a single click and then place them exactly where you expect price to turn. The EA then monitors those zones and will automatically take trades based on price action you specify for the zones. Once the initial trade is taken, the EA will then get out in profit at the opposite zone you place, which becomes the target
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. MT4 Version Available Here:  https://www.mql5.com/en/market/product/68709/ This indicator identifies these patterns and
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT version available here:  https://www.mql5.com/en/market/product/97
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Automatically draw support and resistance levels   PLUS   propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT4 Version:  https://www.mql5.com/en/market/product/97246/ There
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Get the dashboard to monitor all instruments and time frames you trade for symmetrical triangle patterns at once! https:
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels
AT LAST! A stochastic indicator for MT4 that shows multiple time frames on one chart ! See the actual position of the main and signal lines in 4 separate time frames instantly to help you make educated trading decisions.A true MTF stochastic indicator for traders that need to see visually what the indicator is telling them on multiple time frames, no arrows that just point up or down or numbers displayed. No more flicking between time frames to see where other stochastics are positioned! Stay on
FREE
Instantly see your closed trade history by day and week, your current open trades, and forex exposure on one chart! Use the heatmap to identify profitable trades and where your current drawdown is within your trading portfolio. Quick Close Buttons Use the quick close buttons to close every trade on a single symbol, close out individual trades in full, or take partial profits or losses at the click of a button. No more hunting for trades in a list and working out how to close part of your trades.
The price action toolkit EA is designed for scalpers but can be used on all timeframes to quickly enter the market with correctly calculated lot sizing based on your stop level, It allows you to quickly enter trades (instantly or at candle highs and lows with pending orders) and then adjust stops and take profits as the market moves. For a full list of all the features, settings and best practice strategy click here:  https://www.mql5.com/en/blogs/post/748072 NOTE FOR MT5 USERS: The MT5 version
The price action toolkit EA is designed for scalpers but can be used on all timeframes to quickly enter the market with correctly calculated lot sizing based on your stop level, It allows you to quickly enter trades (instantly or at candle highs and lows with pending orders) and then adjust stops and take profits as the market moves. For a full list of all the features, settings and best practice strategy to use click here:  https://www.mql5.com/en/blogs/post/748072 MT5 version available here:
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The RSI / TDI alert dashboard allows you to monitor RSIs at once (selectable by you) on every major pair you trade. You can use it in two ways: 1. Select multiple time frames and the dash will show you when there are multiple time frames extended beyond normal trading conditions. A great indicator that price has pushed hard recently as it has achieved an overbought or oversold level across multiple time frames so a pullback or reversa
Instantly see your closed trade history by day and week, your current open trades, and forex exposure on one chart! Use the heatmap to identify profitable trades and where your current drawdown is within your trading portfolio. Quick Close Buttons Use the quick close buttons to close every trade on a single symbol, close out individual trades in full, or take partial profits or losses at the click of a button. No more hunting for trades in a list and working out how to close part of your trades.
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT5 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58658 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand. For traders that scale into the market gradually wi
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The ADR Alert Dashboard shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The dash is designed to be placed on a blank chart and just sit in the background and alert you when levels are hit so you do no
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT4 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58375 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand.   For traders that scale into the market gradually
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The symmetrical triangle pattern dashboard allows you to monitor multiple markets and timeframes at once for symmetrical triangle patterns as draw by the symmetrical triangle pattern indicator available here: https://www.mql5.com/en/market/product/68709/ Visit the above indicator to learn more about how symmetrical triangle patterns are formed and simple to follow strategies to trade them. The dashboard is a stand-alone product and D
LIMITED TIME SALE - 30% OFF! WAS $50 - NOW JUST $35! The RSI / TDI alert dashboard allows you to monitor RSIs at once (selectable by you) on every major pair you trade. You can use it in two ways: 1.   Select multiple time frames and the dash will show you when there are multiple time frames extended beyond normal trading conditions. A great indicator that price has pushed hard recently as it has achieved an overbought or oversold level across multiple time frames so a pullback or rever
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Hg494Pat17
24
Hg494Pat17 2025.06.03 13:52 
 

Just started. Hoping for a profitable time..........

Simba Finance
281
Simba Finance 2025.02.20 17:25 
 

Excellent EA. Lee's support is great as always, and he's using the same tools every day on the livestreams.

ywillems
67
ywillems 2025.01.17 10:08 
 

This farmost the best EA i've ever used. Not a "set and forget" EA, but defenitly profitable. I'm using this EA now since 3 months and experience a average profit of 25% monthly with an overall DD of max 28%. My settings are rather conservative with a 0,5% risc and 0,25% and 0,35% TP (singel and multiple position respectively). I don't use automatic DD control but i "trim" the open positions in DD as soon as the number of open positions exceeds 3 (thus starting from 4 and above). I use the EA for all the forex pairs as indicated in the EA description (no JPY a,nd CHF). Good job!!

TYoung6610
196
TYoung6610 2024.10.07 19:15 
 

I have been trading the Position Trader EA for four full weeks (demo), starting on 9/9. My results have been incredible. I currently have a 42.48% gain with a maximum 12.9% drawdown, which recovered fairly quickly. I am aware that I entered into a favorable market condition for the EA and that this will not happen every month. My risk may be too high, but I can easily adjust that, and would be very happy to have a much smaller percentage gain than 42.48% a month. Lee is a great teacher and programmer. I highly recommend that you check out his methods and products.

garry_mccrudd
42
garry_mccrudd 2024.07.14 17:00 
 

Great EA, well tested and robust strategy. Very good user support, developer streams live most weekdays.

Robert _
283
Robert _ 2024.05.06 14:05 
 

Treasure in the forex world with great daily youtube support. Thank you Lee.

Daniel
929
Daniel 2024.04.25 10:31 
 

I bought the EA yesterday. After various settings, I'll take a look at the whole thing. First of all - the EA is very reminiscent of QQU. Somehow he still doesn't convince me. When testing EU/CAD, I noticed that the EA ignored the rise in March 2024, which was over 3000 points, but started to buy sell on the rise. Let's see the next few months. I'll inform you again.

LEE SAMSON
70054
Reply from developer LEE SAMSON 2024.04.25 11:48
Not sure 24 hours is long enough to test it really as it's designed to work with 1 and 4 hour timeframes so you've had less than 24 candles of movement! :) You are talking about a breakout there in March 2024. This is a mean reversion position trading EA, nothing to do with breakouts so please read the manual and watch the video again, doesn't do breakouts so would certainly not have got on that!
Mark Vaines
2059
Mark Vaines 2024.04.21 07:51 
 

So far so good still messing with the setting but definatly a robost and adaptable EA. Some set files used by the users might be helpful to see how ppl opearate this EA. I intend on posting some set files in the comments after testing .....Good Job well thought out and executes smootly what it says it does

Wilhelm Niebuhr
35
Wilhelm Niebuhr 2024.04.06 13:20 
 

Absolutely brilliant and a very safe EA to run with an aggressive EA on same currency pairs with different time frames, rectifying errors of the aggressive EA. Genius piece of work.

pitorian
99
pitorian 2024.04.04 13:44 
 

I am impressed with Lee's support and ability to build EAs if used properly and you watch and read the documents they work, It's the only EAs and indicators I use on my charts, thank you, Lee, for all the help and support you are truly one in a million

Steve Agleron
309
Steve Agleron 2024.03.13 18:44 
 

User didn't leave any comment to the rating

Petr Kolar
238
Petr Kolar 2024.03.13 18:10 
 

User didn't leave any comment to the rating

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