The Big Four MT5

5

This expert advisor uses a combination of trend, momentum, breakout, and volatility indicators.

No Risky Strategies – Does not use martingale or grid methods

 

The expert uses four indicators, which are:

EMA200 indicator :
 The EMA200 indicator is used to determine the overall market trend. If the price closes above EMA200, it indicates an uptrend and the expert will only look for buy trades. If the price closes below EMA200, it indicates a downtrend and the expert will only look for sell trades.

Bollinger Bands indicator :
 The Bollinger Bands indicator is used to identify strong price breakouts. When the price closes above the upper band, it indicates strong bullish momentum. When the price closes below the lower band, it indicates strong bearish momentum.

RSI indicator :
 Using RSI this way (above 55 for buy and below 45 for sell) helps trade with market momentum and avoids entries during weak or unclear market conditions.

ATR indicator :
 The ATR indicator is used as a volatility filter to confirm that the market has enough movement for a trade. Trades are allowed only when the current ATR value is higher than the average ATR of the previous candles, helping to avoid low-volatility periods.


Expert Logic :

Open a buy trade position :
 When the price closes above EMA200, and the price closes above the upper Bollinger Band, and RSI indicator > 55, and the current ATR is greater than the average ATR.

Open a sell trade position :
 When the price closes below EMA200, and the price closes below the lower Bollinger Band, and RSI indicator < 45, and the current ATR is greater than the average ATR.


You can control the indicator settings to manage the entry conditions as you wish , Or you can contact me to get a ready-made settings file.


Settings and Features :

    News : 

  • News Enable : Enables or disables the news filter. When enabled, the EA avoids trading during high-impact news periods.        
  • News Importance : Selects the minimum news impact level (Low / Medium / High) that the EA will react to.
  • News Minutes Before : Number of minutes before a news event during which the EA will stop opening new trades.
  • News Minutes After : Number of minutes after a news event during which the EA will continue to block new trades to avoid volatility.

   Risk Management : 

  • Risk (lot) : Defines the base risk value used for position sizing, depending on the selected risk mode.
  • Risk Mode : Determines how trade volume is calculated : 
  • Default : Uses the EA’s internal lot calculation.
  • Fixed Volume: Trades with a fixed lot size. 
  • Min Amount: Uses the minimum allowed lot size.
  • % of Equity: Risk is calculated as a percentage of account equity.
  • % of Balance: Risk is calculated as a percentage of account balance.
  • % of Free Margin: Risk is based on available free margin.
  • % of Credit: Risk is calculated based on account credit.
  • Trailing Stop : Enables or disables the trailing stop feature.
  • Trailing Stop Level (%) : Percentage level at which the trailing stop follows price to lock in profits .
  • Equity Drawdown Limit (%) : Maximum allowed equity drawdown. When reached, the EA stops opening new trades to protect the account (Set to 0 to disable).

   Closing the position :

  • SL Type : Defines how the Stop Loss is calculated: 
  • Swing: Stop Loss is placed based on recent swing highs/lows. 
  • Average Range : Stop Loss is based on the average price range.       
  • Max Range : Stop Loss is based on the maximum recent price range. 
  • Fixed Points : Stop Loss is set at a fixed number of points.   
  • SL Deviation (Points) : Sets the Stop Loss distance in points or adjusts its calculation depending on the selected SL type.
  • TP Coefficient for SL : Take Profit is calculated as a multiple of the Stop Loss distance (Example: 1.0 = TP equals SL, 2.0 = TP is twice the SL).

Recommendation :

  • Symbol currency : XAUUSD (Gold).
  • Time frame : H1 (hour).
  • Use a VPS for the EA to work 24/7 (Mandatory).
The remaining settings are clear and easy to understand. If you have any questions or need any assistance, you can contact me privately.



Reviews 3
Wena51
15
Wena51 2026.04.20 16:08 
 

Die erste backtest mit der EA sind vielversprechend. Vielen Dank für die kostenlose Freigabe dieses EA. Es wäre nett wenn Sie mir die verfügbaren fertigen Einstellungen (Sets files) zusenden würden.

jwusheush
99
jwusheush 2026.03.23 02:57 
 

one of the best free expert advisors

jake199571
74
jake199571 2026.03.14 20:24 
 

Thank you for this free expert advisor. Usually, an expert advisor like this would bi paid

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Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan for free !*** Ask in private for more details Verified Signal:   Click Here MT4 Version
Gold House MT5
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Gold House — Gold Swing Breakout Trading  To celebrate the release of the Gold House v3.0 Adaptive Mode update, we are opening a limited-time discount event. 30% OFF (Regular Price: $749), limited to 10 copies only. Once the discounted copies are sold out, the price will return to normal. As Gold House continues to improve and more live signal data becomes available, the planned final price will be $1,999 USD. Live Signals: Adaptive Mode: Coming Soon Profit Priority mode： https://www.mql5.com/e
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Only 10  copies left at current  price!,  Next Price 9 99 USD.   T he newest and powerful  Sharkyra  Gold  MT5  of Expert Advisors. My specifically designed to run on the XAUUSD/GOLD pair. Sharkyra  Gold   EA  is a fully automated trading system designed for traders who love speed, accuracy, and consistency. Built with a smart  logic  engine, this EA takes advantage of micro market movements and executes trades with lightning-fast precision making it perfect for volatile market sessions.   Shark
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Experts
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Wena51
15
Wena51 2026.04.20 16:08 
 

Die erste backtest mit der EA sind vielversprechend. Vielen Dank für die kostenlose Freigabe dieses EA. Es wäre nett wenn Sie mir die verfügbaren fertigen Einstellungen (Sets files) zusenden würden.

jwusheush
99
jwusheush 2026.03.23 02:57 
 

one of the best free expert advisors

jake199571
74
jake199571 2026.03.14 20:24 
 

Thank you for this free expert advisor. Usually, an expert advisor like this would bi paid

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