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EA Alex

1.8

The Expert Advisor contains multiple trading strategies, including news trading, use of indicators, price velocity and various built-in filters.

The EA places pending orders.

It has successfully completed stress testing.

  • No Martingale
  • No Arbitrage
  • No any other risky strategy inside
  • No scalping

Working currency pair/timeframe: EURUSD H1. Optimized.

You can adjust the Expert Advisor to any currency pair!


Key Features:

  • It can work with a small deposit.
  • Only pending orders.
  • Every trade has a tight SL
  • Profit in Trailing, but TP is also used.
  • Can work with fixed lot and MM.
  • Does not open orders with a high spread.
  • News trading is possible.
  • SL correction.
  • All pending orders will be deleted on Friday 18:00 Broker Time


Recommendations

  1. Before using on a live account, test the EA with minimal risk.
  2. Use VPS or hosting server with minimal network latency to the broker's server.
  3. Low spreads = low commission + high quality execution are important when choosing a broker to trade.
  4. EURUSD.
  5. Timeframe - H1.
  6. Maximum spread 10 points
  7. Maximum stop level below20 points


Parameters

  • Setting EA — Expert Advisor parameters.
  • Order Type — Trade direction.
  • Invest More — If this is true, the lot size will increase when account balance grows (Risk Management).
  • Invest Risk — Lot size increase based on the balance value (Risk Management in %).
  • Lot — Fixed Lot (if "Invest More" = false ).
  • Use Smart StopLoss — If this is true, Stop Loss will be adjusted according to price movement.
  • Take Profit — Take Profit in points.
  • Stop Loss — Stop Loss in points.
  • Use Trailing — If this is true, profit will be protected with a trailing stop.
  • Trailing Stop — Trailing points when the position is in profit.
  • Trailing Step — Trailing step when the position is in profit.
  • Use Break Even — If this is true, the Stop Loss price will be moved to breakeven when price is above target points.
  • Breakeven Target PipsInp — If the price exceeds the value, breakeven triggers.
  • Breakeven Jump PipsInp — Stop Loss moves to breakeven at this distance.
  • Magic Order magic number.
  • Slippage — Allowable slippage before an order triggers.
  • Max Spread — Maximum Spread allowed before pending order triggers.
  • Trading time — Time based filter.
    • Use time — If true, trades at a certain time.
    • 0 = time server, 1 = time PC.
    • time string — Enter comma separated time values, like 00:30,18:30 = trade from 00:30 to 18:30.
  • Limiter time — Start time on Monday and end time on Friday.
    • Use time — If true, trades at a certain time.
    • 0 = time server, 1 = time PC.
    • Inclusion in Monday — time of operation start on Monday.
    • ff on Friday — time of operation end on Friday.
  • stade_1 — The EA uses 6 adjustable trade stages.
    • Use_stade_1 — If true, use the first stage.
    • Bar_size_stade_1 — Distance between bar high and low.
    • step_order_stop_stade_1 — Distance between orders in points.
    • quantity_orders_stade_1 — Number of orders.
    • Smart_StopLoss_stade_1 — Smart Stop Loss
    • Stop_Loss_stade_1 Stop Loss.
    • Trailing_Stop_stade_1 — Trailing points when the position is in profit.
    • Trailing_Step_stade_1 Trailing step when the position is in profit.
    • Breakeven_Target_PipsInp_stade_1 — When price is above this value, breakeven triggers
    • Breakeven_Jump_PipsInp_stade_1 — Stop Loss is moved using this value to breakeven
Reviews 8
Maksym Mudrakov
29611
Maksym Mudrakov 2016.02.04 10:57 
 

Наверное есть потенциал, но на данный момент не очень хорошо отработал. Скрин мониторинга в обсуждении.

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Ahmad Aan Isnain Shofwan
BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
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4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Breakout based strategy, generates market entry signals when the price crosses a border of a certain price range. To create the strategy, we have used the history data with 99,9% quality for the last 15 years. The best signals had been selected and the false signals have been filtered out. The Expert Advisor performs technical analysis and considers only the breakouts that show the best result. It uses a system of filtering false signals. The EA uses adaptive trailing stop. The EA uses a ver
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EA Leonardo
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The Leonardo Expert Advisor is based purely on price action. It trades according to two trading algorithms using pending orders. This system doesn't use breakout, indicators, grid, martingales or hedge management, it is based solely on price action and is not overloaded with a multitude of filters. The EA has been tested on EURUSD M5, USDJPY M5 with 99.9% modeling quality. The EA does not need any kind of complicated setup and is ready to work with multiple symbols and timeframes. The EA is opti
EA Reverse Breakout
Ruslan Pishun
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The strategy is based on a reverse breakout, it trades using pending BUY LIMIT and SELL LIMIT orders. Recommended currency pair/timeframe: EURUSD M30. Monitoring https://www.mql5.com/en/signals/author/profi_mql Parameters Magic — ID of EA's trades. Order Comment— a comment to the EA's orders. Slippage — Allowable slippage before an order triggers. Order Type — select trade direction. Max Spread — Maximum Spread allowed before pending order triggers. disable trade if spread high — disable tra
EA Gladiator
Ruslan Pishun
This long-tern Expert Advisor uses 2 trading strategies: The first strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Takeprofit or Stoploss, or the EA will close the group of trades when it exceeds a certain profit. The EA uses a smart filter to gradually capture profit. If there is a reversal in the trend, it will not add extra trades. The second strategy tracks the trend reversals. Also with thi
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Nerijus Jokubauskis
222
Nerijus Jokubauskis 2017.12.29 09:48 
 

POLNOE GAVNO !!!

Milan Turis
795
Milan Turis 2017.04.29 13:14 
 

EA needs to be upgraded.

asaens15
2126
asaens15 2016.10.03 12:52 
 

poor performance

Fabiano Vasconcellos
253
Fabiano Vasconcellos 2016.06.14 00:30 
 

Hi I bought EA ALEX my name MQL5 is fabiano.trader and can not run

What I have q do?

http://imageshack.com/a/img924/8803/3bqMll.jpg

http://imageshack.com/a/img922/1588/jFw6nG.jpg

Tindaro Verdone
145
Tindaro Verdone 2016.05.31 09:25 
 

EA does not work , I have an account Pepperstone ecn razor , you can not have anything to earn , the fees are higher earnings , refund my money!!

tuyoshi
194
tuyoshi 2016.05.31 04:34 
 

axiory.ECN oanda No trade Demo account

Andrey Malevich
397
Andrey Malevich 2016.05.25 16:23 
 

На реальном счете не работает. Не тратьте деньги. Очередной хлам

Maksym Mudrakov
29611
Maksym Mudrakov 2016.02.04 10:57 
 

Наверное есть потенциал, но на данный момент не очень хорошо отработал. Скрин мониторинга в обсуждении.

Reply to review
Version 1.16 2020.03.30
Fixed minor bugs.
Version 1.15 2016.06.14
1. Fixed the "trading by time" function.
2. Added the information panel.
3. Improved all strategies.
4. Fixed minor errors.