Market / MetaTrader 5 / Utilities /

Administrator

FREE

Published: 2 May 2024

Current version: 3.9

Administrator

Utilities
Juan David Ochoa Garcia
Version: 3.9
Updated: 31 May 2024

We are pleased to introduce our Expert Advisor (EA), an advanced tool designed to help traders efficiently manage their open positions. Based on three main variables, our EA ensures optimal operation management, adapting to the user's customized settings.

Key Variables

Spread or Start Point:
- Defines the points needed to cover the initial commission or spread.
- Crucial for determining the profitability threshold of each trade.
Secure Points or Trailing:
- Points that the EA locks in as the position progresses.
- Allows incremental gain protection and risk reduction.
Oscillation Points to Stop or Trailing Stop:
- Indicates how many points of retracement are acceptable before automatically closing the position.
- Protects gains by limiting potential losses.

Additional Features

Auto Trading:

When this feature is activated, the EA can execute a scalping strategy based on Bollinger Bands.
According to the user's configuration, the EA will make a specified number of market entries.
All positions will be managed by the EA, ensuring consistent and efficient administration.

Integration with Manual Operations

The EA works in conjunction with the trader's manual positions.
Traders can utilize their knowledge, strategies, and custom indicators while the EA automatically manages the positions.
Allows a hybrid approach where automation and manual intervention complement each other.

Support Indicators

Remaining Candle Time:
- Helps traders evaluate the time left before a candle closes.
Market Session Start and End:
- Provides key information about the opening and closing of different markets.
Bollinger Bands with Sound Alert:
- The primary indicator of our strategy.
- Allows the trader to be aware of entry opportunities without constantly monitoring the screen.

Recommended Strategy

Use a Forex broker with low commissions and high leverage.
Recommended Broker: Tickmill
- Commission of 5.2 points on the RAW account.
- Leverage of 1:1000.

Support and Contact

The creator of the Expert Advisor is available for consultations via WhatsApp.
You can request additional information or schedule a virtual call.
Live demonstrations to show the functionality of the strategy and the EA.

Cost and Accessibility

The Expert Advisor and the entire described strategy are free to use.

Start optimizing your trades with our Expert Advisor today and take your trading to the next level!

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Version 3.9 2024.05.31

* General adjustments to the entry strategy

Version 3.8 2024.05.30

* Fix array out of range

Version 3.7 2024.05.30

* Added accumulation for M1
* Fix M5 accumulation

Version 3.6 2024.05.29

Added the Bounce Validator to minimize making entries during a strong trend push without pauses.

Version 3.5 2024.05.27

* Ajustes generales a la estrategia de auto trading
* Se elimina función para entradas al terminar la vela

Version 3.4 2024.05.27

* Se agrega configuración de acumulación de velas en 30 minutos
* Ajustes generales en la estrategia de auto trading

Version 3.3 2024.05.26

* Mejoras generales en la estrategia de entrada

Version 3.2 2024.05.24

* Maximum Spread Allowed to Open Positions
* Maximum Spread Allowed to Close Positions

Version 3.1 2024.05.24

* Auto Trade Lot Minimum
* Auto Trade Lot Medium
* Auto Trade Lot High
* Auto Trade Maximum Trades
* Auto Trade Accumulation M1
* Auto Trade Accumulation M15

Version 3.0 2024.05.24

* Auto Trade Mejorado

Version 2.11 2024.05.23

* Fix Comments

Version 2.10 2024.05.23

* Auto trading (Experimental)
* Indicador de promedio de velas en la ultima media hora
* Indicador de spread
* Indicadores de acumulación de velas en tres temporalidades (M5, M15, M30)
* Indicador de toque de bandas en cuatro temporalidades (M1, M5, M15, M30)

Version 2.0 2024.05.19

Manage Multiple Open Positions