Forex Sentiment Trader PRO EA

5

I have created this  MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it.

Remember to authorize Myfxbook url in WebRequest options in MT4. 

Features:

  • Market Sentiment update every 30 minutes
  • SL
  • TP
  • BreakEven
  • Trail SL
  • Daily Target Profit
  • Max Daily DrawDown (Useful for prop firm)
  • Max Spread Filter
  • Time Filter
  • Custom Trade Comments
  • Protection in case a pair is not read correctly from the web (Prevents improper closing or opening of operations)
  • Suffix & Preffix in Symbols

Take advantage of the initial price! The EA will have several improvements and updates such as built-in News Filter, optional Suffix and Prefix for brokers that have it in the pairs and much more!

The price will go up progressively!

The EA is Multy-currency and can trade on Demo or Real if you want (but be carefully, this tool is made to understand if it is better to trade for or against market sentiment... Use at your own risk)

You cannot baktest this tool since it operates in real time with current data from the market sentiment website.

You can choose any currency pairs you want (I recommend major pairs with less spread) as long as you have them active on MT4 Market Watch.

If the EA is configured to trade in Favor of Market Sentiment, it will open trades in currency pairs that are equal to or higher than the default percentage value chosen (Default 85, but you can choose the percentage you want) and close if it goes down at 60%

If you want to choose to trade Against of Market Sentiment, suppose that the market sentiment is more than 85% Long in EURUSD, then the EA would open a sell order in EURUSD and the order would be closed when the Long drops to 60%


Please leave your suggestions, opinions and comments to support me and know if you like my work as well as possible functions to add in future updates. Thank you!



Reviews 3
takashi7jp
122
takashi7jp 2025.07.10 16:07 
 

Still in development!

I look forward to further evolution in the future!

After the first entry, if the existing conditions are met at the specified interval (time), it would be interesting to repeat the entry up to the specified position (optional, maximum position setting).

For example, parameters

-Specified interval: 240 minutes (optional setting)

-Maximum position: 5 (optional setting)

When adding a position, it would be possible to enter if the existing currency pair has a profit or not, or to add a position regardless, which would open up a lot of possibilities for the future.👍

[Additional Note]

I thought that it would be useful for analysis if there was a function (ON/OFF) that could output the sentiment index to CSV (time series pool) when the date is updated, etc.

Viachaslau Kulakou
402
Viachaslau Kulakou 2024.11.29 11:09 
 

Все работает отлично

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TradeMirror is a trade copier EA for MT4/MT5 platform. Tutorial Please click the Trademirror Tutorial link to view more tutorials. Why TradeMirror We understand the importance of security, stability and privacy for financial software, so we've gone the extra mile to harden these three elements in detail: Provides a user-friendly graphical interface that is easy to operate Focus on privacy and security, suitable for various financial scenarios with privacy requirements for order distribution Prec
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Salvador Martinez Ramos
This EA creates two buttons in a panel that you can drag to any part of the chart (simply click on the panel and drag with the mouse to the part of the chart you want) with which you can close all the open operations in the account with a simple click, or close only the trades that are currently in profit. Check out my new trade dashboard assistant :  Simple and Easy MT4 Trade Panel Tell me if you like the product and how it could be improved, Thanks :) 
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This indicator uses a formula based on bollinger bands to determine if the market is in Range or not. It can be used to filter entries and not operate in a sideways market. It has a minimum value of 0.2 from which it could be operated, although you can modify it in the options to adjust it to your trading style or the market you use. If the histogram below is red, the market is in range, if it is green, volatility is higher.
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Visual Theme Indicator
Salvador Martinez Ramos
MT5 Visual Theme Indicator – Clean Chart and Full Customization Enhance the appearance of your charts in MetaTrader 5 with this fully customizable visual indicator, designed to provide a clean, modern, and easy-to-read trading environment. This indicator does not generate signals or open trades. Its sole function is to optimize chart visualization to help you analyze the market with greater clarity. If you find this useful, please leave a 5-star rating and follow me for future tools, indicators,
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This MT4 EA created by me to help you test Your Manual Trading strategies. The EA Automatically place: SL TP Trail SL Break-Even M.Basket Trail SL based on the distance of an EMA Lot or Lot multiplier And the multiple possible combinations. Once configured, you only have to hit the buttons The EA will place the Lot, the SL, TP, Basket, or Trail automatically so that you can focus on your strategy. The EA will work in Backtest or Live Trading, Real, or Demo.
News Filter EA that send you a Push notification to your MT4 phone APP and TURN OFF MT4 Automatically Before News.  This EA doesn't work in backtest From 1.7 version  the EA have  Close all trades before news functions added. You only need to allow that url in MT4 options: To see the url and how to add it to MT4, visit this post: https://www.mql5.com/en/blogs/post/754402 When Metatrader is turned off, it saves the status of all the charts, indicators and Expert Advisors that you have in them
The Average Daily Range Levels indicator shows the ADR levels on the chart as if they were supports and resistances and is updated daily. By default the indicator uses the 5-day average of the daily range. There are several strategies that suggest that these levels can be used to determine where the price can bounce and it is often said that the price can typically move 75% of the ADR. In future versions I may add alerts at each level Can you suggest any changes? Greetings!
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Trend Hunter Beast
Salvador Martinez Ramos
Trend Hunter Beast MT5 Indicator Easy to follow the overall trend by looking at a higher timeframe. Simple entry when the arrow appears. Exits are made on the opposite arrow, or you can place a stop loss below the last low or high, and a stop loss as desired. Applies to any Forex asset, although it is recommended to use pairs with low spreads. You can also use it on crypto assets or indices such as the SP500, etc. Check the trend on higher timeframes such as D1 and H1, and enter in the same d
Smart Remote Trade Assistant MT5: Remote Trading Panel via Telegram for MetaTrader 5 Smart Remote Trade Assistant MT5 is an advanced panel for MetaTrader 5, designed for traders who need to control their operations quickly, securely, and remotely directly from Telegram. Get the   Windows Bridge APP File and Tutorial Bridge file are needed to connect the Telegram Trading Panel to the MT5 EA. Compatible with Windows 10 & Windows 11 - 64 bits - And Windows Server from 2016 This is the introductory
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takashi7jp
122
takashi7jp 2025.07.10 16:07 
 

Still in development!

I look forward to further evolution in the future!

After the first entry, if the existing conditions are met at the specified interval (time), it would be interesting to repeat the entry up to the specified position (optional, maximum position setting).

For example, parameters

-Specified interval: 240 minutes (optional setting)

-Maximum position: 5 (optional setting)

When adding a position, it would be possible to enter if the existing currency pair has a profit or not, or to add a position regardless, which would open up a lot of possibilities for the future.👍

[Additional Note]

I thought that it would be useful for analysis if there was a function (ON/OFF) that could output the sentiment index to CSV (time series pool) when the date is updated, etc.

Salvador Martinez Ramos
2639
Reply from developer Salvador Martinez Ramos 2025.07.10 16:16
Thanks for the comment! That's right. I continue to listen to users and adding features and fix bugs as they arise. I'll keep your ideas in mind for the future 👍
Viachaslau Kulakou
402
Viachaslau Kulakou 2024.11.29 11:09 
 

Все работает отлично

Salvador Martinez Ramos
2639
Reply from developer Salvador Martinez Ramos 2024.11.29 22:16
I'm sorry you're having trouble with the EA in XAUUSD, please can you send me a screenshot or explain what kind of error it is so I can try to fix it as soon as possible, thank you.
jaewon yang
282
jaewon yang 2024.08.15 03:58 
 

User didn't leave any comment to the rating

Salvador Martinez Ramos
2639
Reply from developer Salvador Martinez Ramos 2024.08.15 15:30
Hi! Today I'm going to upload an update with new features, although the prefixes and suffixes are not yet accepted by EA, but I'm going to work on this and I'll try to upload another version on Sunday.
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