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Unicorn

The strategy is based on working with the channel built by weighted average OHC and OLC prices. Entries are performed automatically both for a breakthrough and a roll-back.


The EA works by a new bar open prices, so that test/optimization results are as close to real trading as possible. It applies dynamic levels for setting new orders, stop loss, take profit and trailing stop invisible for a broker. Their values can be calculated in pips, money, % of the balance or by volatility (ATR).

The EA is designed for intraday trading with all major currency pairs on any timeframe. Depending on the settings, it can be used for any trading style: scalping, averaging, pyramiding, hedging, which makes it not just a trading robot, but a multifunctional flexible designer.

Each block responsible for management of a particular function can be customized separately and operate as a single unit. The EA can simultaneously manage and close oppositely directed positions (both single ones and order baskets), as well as interact with positions opened manually or by another EA (start managing deals distinguished by magic number). Since the EA works at a bar opening, it can be optimized quickly and easily.


Recommendations

  1. before using on a live account, test the EA with minimal risk on a cent account;
  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. use the EA on highly liquid currency pairs, such as EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD and NZDUSD;
  5. minimum deposit - 1000 currency units per 0.01 lots;
  6. timeframe H1.


Channel parameters

  • ChannelPeriod - number of bars to search for weighted average high/low prices;
  • ChannelMinRange - minimum channel width;
  • ChannelBoundary - distance to channel borders to determine market entries.


Main parameters

  • StartTime, StopTime - time for opening orders, not used if 00:00;
  • LotsFor1000 - initial lot size per 1000 units of base currency;
  • ATRPeriod - period for calculating the average daily volatility, in days;
  • TradeDirection - trading method: trade in one or both directions simultaneously;
  • OrderOpenMode - calculation of step for opening orders: in pips, in deposit currency, as a percentage of the balance or as a percentage of ATR;
  • GridStep, GridStop - position averaging step, 0 - not used;
  • PyramidStep, PyramidStop - position increase step, 0 - not used;
  • HedgingStep, HedgingStop - position hedging step, 0 - not used;
  • CountingOrders - order counting: each series separately or the total number of orders in different directions;
  • GrowingVolume - scale in to positions by the amount of orders or by lot increment;
  • IncreasingLot, DecreasingLot - increase/decrease the lot by the specified percentage, not used if -0;
  • StartIncrease, StartDecrease - position to start increasing/decreasing the lot;
  • MaxLotFor1000 - maximum lot per 1000 units of base currency;
  • LevelsMethod - setting take profit/stop loss: separately for short and long positions or for the entire basket of orders;
  • LevelsMode - calculation of take profit/stop loss: in pips, in the deposit currency, as a percentage of the balance or as a percentage of ATR;
  • StopLoss, TakeProfit - stop loss and take profit, 0 - not used;
  • TrailingMethod - trailing stop method: separately for short and long positions or for the entire basket of orders;
  • TrailingMode - calculation of trailing stop: in pips, in the deposit currency, as a percentage of the balance or as a percentage of ATR;
  • TrailingStart - minimum profit for enabling trailing, 0 - not used;
  • TrailingStop, TrailingStep - trailing stop and trailing step;
  • MagicNumber - magic number, the EA manages all positions opened manually or by another expert if set to -1;
  • TradeComment - trade comment.


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Profalgo Limited
4.07 (108)
MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 NEW PROMO:   ONLY 1 COPY LEFT 249$ PRICE AFTER PROMO: 599$ New: choose 1 EA as bonus! (limited to 2 trade accounts) !! READ SETUP GUIDE BEFORE RUNNING THE EA !!  ->  https://www.mql5.com/en/blogs/post/705899 Live results: - high risk ->  https://www.mql5.com/en/signals/413850 - high risk B ->  https://www.mql5.com/en/signals/1014766 - low risk ->   https://www.mql5.com/en/signals/701905 Advanced
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Fidelity MT4
Kyra Nickaline Watson-gordon
Description : Fidelity EA is an Expert Advisor for trading on all Forex pairs and all timeframe. EA is powered with specific trend detection algorithms. The algorithm is fully smart and automatic. So the use and setup of EA is very simple and there is no need to have deep knowledge about the market. Monitoring Signals : Some samples of trades by the EA : https://www.mql5.com/en/signals/1595009 Growing the EA : The EA will be updated and supported always. New features will be added later
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GOLD EAgle mt4
Evgenii Aksenov
4.73 (139)
GOLD EAGLE  is a swing strategy ideal for a flat market, which takes up to 80-90% of the time. The GOLD EAGLE EA is optimized for the XAUUSD (GOLD) pair. This is a trend scalping strategy using the TrendLine PRO indicator as an input signal. The EA opens the first order at the signal of the indicator and fixes the profit at a given level, but if the price does not reach the profit and rolls back, an additional order automatically opens averaging the level of the total profit making it closer to
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SouthEast
Sugianto
5 (1)
Only 8 copies left. Next price $449. South EAst EA uses virtual trade in determining position entry and does not use indicators,  and it doesn't require complicated settings because the user just needs to upload the already available setfile. Currently there are setfiles for 20 fx pairs Signals:   here  | Setfile & EA Explanation:   here  | MT5 version : here Suggested accounts: + Leverage: 500 Needs: + VPS with good internet connection. Expert input: 1. Manage Open Positions + Trade
399 USD
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.
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Evening Scalper Pro
Valeriia Mishchenko
4.56 (9)
EA has live track record s with low drawdown: Live signal - Best Pairs Live signal - All Pairs Only 2 copies  of the EA out of 10  left  at $899! Next price --> $1049 Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It's very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong mean-reverting tendency with high profit targets. EA enters the market with mark
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EA Among us
Vladimir Stepanov
4.69 (13)
This EA uses the Trend Wave indicator and it can identify the beginning and the end of a new wave trend movement. As an oscillator, the indicator identifies the overbought and oversold zones.   It works great to catch the short term price reversals and uses a martingale strategy to close all trades in profit.   Use default settings on m15 or higher time frame on any pair for more accurate trades! You need an account that allows hedging! My signals and other products can be found  here  Please co
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Advanced Gold Scalper MT4
Ho Tuan Thang
4.86 (22)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: -   No Martingale - No Multiplier Lot - Scalping follow trend - News filter to stop EA before high impact news - Scalping mode to stop EA in some cases ... CAUTION:  News Filter can not back testing. This will cause back testing results to be inaccurate, because News Filter will help EA remo
399 USD
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MA Channel Pro
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The Expert Advisor strategy is based on the moving average channel breakthrough. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels; Cu
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Vladimir Gribachev
Fully automated adviser using an advanced grid algorithm and a function to protect against increased volatility during news releases. The Advisor looks for anticipated levels of reversal / continuation in a narrow price range (the proposed new level of support / resistance) based on previous movements. Applies invisible for the broker dynamic levels of setting new orders, stop-loss, take-profit and trailing stop. If you set MagicNumber = 0, then the expert can be used in semi-automatic trading
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Version 1.1 2022.03.04
update for new build