Taranus Light

Taranus Light is a reduced version of the universal, semi-automatic EA Taranus, designed to work under the control of a trader. It can work with or without indicators, has several filters for determining the trend direction and can only work with market or pending order. Trailing stop capabilities of the EAd has been expanded by adding functions from UTrailing EA. Taranus Light EA is suitable for both experienced and beginner traders.

Set files and a guide to the Taranus Light EA can be found in the "Comments" section.

Benefits

  • pending orders or market orders;
  • stop loss: by points, by fractals, by bar extremum, by ATR;
  • total, averaged the take profit on multiple orders;
  • trailing pending orders;
  • the magic number is set automatically, it is individually for each currency pair;
  • main indicators: Moving Average (one MA or two MA) and CCI;
  • filters for determining the trend direction with independent adjustment: AutoTrend 1 and AutoTrend 2;
  • AutoTrend 1 tools, optional: one MA or bar closing price, with a choice of timeframe;
  • AutoTrend 2 tools, optional: separately or together Awesome Oscillator and Parabolic SAR, with a choice of timeframe;
  • 4 trailing stop operation modes: simple, by percentage, general trailing stop and mobile stop loss;
  • 7 trailing stop types: by points, by High/Low, by fractals, by volumes, by MA, by Parabolic SAR by ATR;
  • virtual (hidden) trailing stop;
  • adding stop loss to other orders, including orders opened manually;
  • closing orders by the percentage of profit/loss;
  • opening and closing orders by time (days, hours, minutes, seconds);
  • managing orders using "hot" keys and "hot" buttons;
  • sound alert every time a news outlet and move the trailing stop;
  • works on accounts with 4- and 5-digit quotes;

Parameters

Block 1 GENERAL SETTINGS

  • Magic number (automatic)
  • Allow opening new orders
  • Number of open orders
  • Lots
  • Risk in % - AutoLot calculation
  • Positions: - select the trading direction.
  • Working timeframe:
  • Indicators - trading by indicators One MA, Two MAs, CCI.
  • AutoTrend 1 - enable the AutoTrend 1 direction filter.
  • AutoTrend 2 - enable the AutoTrend 2 direction filter.
  • Use orders - choose which orders to trade (pending or market orders).
  • Pending orders type:
  • Stop Loss by: - setting a stop loss of your choice:
  • Stop Loss size for points
  • Take Profit
  • Use gross take profit

Block 2 RISK MANAGEMENT

Block 3 PENDING ORDERS

Block 4 AUTO TRENDS

Block 5 INDICATORS

Block 6 TRAILING STOP

Block 7 TRADE BY TIME

Block 8 OTHER SETTINGS


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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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Profalgo Limited
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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
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Sugianto
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Promo Discount 50 % From $ 499 to $ 250 , limited time offer, get yours copy right now! SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set fi
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TickSniper for MetaTrader 4 — High-Speed Tick Scalper with Automatic Parameter Adaptation A professional fully automated Expert Advisor for tick scalping that automatically adapts its working parameters to each currency pair. TickSniper for MetaTrader 4 was created for traders who want a fast, intelligent, and practically ready-to-use trading system without manually optimizing dozens of settings for every instrument. The Expert Advisor analyzes current quotes, tick arrival speed, symbol specifi
Exotic Adv
Ivan Simonika
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Exotic Bot   is a multi -cream multifunctional adviser working on any time frame and in any market conditions. The robot’s work is taken as a system of averaging with the non -geometric progression of the construction of a trading grid. Built -in protection systems: special filters, spreading, internal restriction of trading time. Building a trading grid, taking into account important internal levels. The ability to configure trading aggressiveness. Work postponed orders with trailing orders. T
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Used in manual trading to block losses on any price movement against a trader. Allows profits to grow as the price moves in the right direction. Can lock one position or grid. Helps other robots to reduce drawdown by locking. Principle of operation Instead of the traditional stop loss, the trader manually sets the initial locking line of this robot. The robot monitors the behavior of the price relative to this line. If the price goes against the trader, the robot locks the position (or several
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A utility for managing open positions using virtual (invisible to the broker) stops. Virtual stop loss and virtual take profit can be freely moved around the chart. If the price touches the virtual stop line (TP, SL, TS), the EA will close all orders of the same direction on the current chart. Closing orders by virtual take profit is possible only if there is a profit. With the help of the built-in trading simulator, you can, in the strategy tester, see how the adviser works. Parameters Block
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EA is intended for trading on news only. News appear on the chart in the form of text messages and vertical lines. When the price approaches this line, the adviser places pending orders for purchase and for sale. If the "Modify pending orders" function is enabled, orders will move behind the price (up and down) and stay at the set distance from the price, which will not allow the order to worked ahead of time, before the news releases. If, after the news release, not one of the orders has not wo
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The utility for manual trading to manage open positions.The built-in trailing stop has three modes and seven instruments: by pips, by bar extremes, by fractals, by volumes, by MA, by Parabolic SAR and by ATR. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Guide to UTrailingMini can be found in the "Comments" section. Benefits 3 trailing stop modes: normal, total and mobile stop loss; 7 options: by points, by bar extremes, by fractals, by v
Fractalan
Viktor Shpakovskiy
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Fractalan – a moderately aggressive EA who works on a martingale strategy with a partial hedging system. With reasonable money management, the EA can withstand significant price corrections against open positions! The first order in the series can be opened manually by both the EA and the trader. Subsequent orders are opened when the fractal level of the specified timeframe is broken. The complete guide to the Fractalan EA, the set files can be found in the "Comments" section. Benefits types of
MartexPO
Viktor Shpakovskiy
Experts
MartexPO is a moderately aggressive advisor working on a martingale strategy and with the ability to hedge unprofitable positions. Uses pending orders for opening the first order and for hedging. With an asymmetric "lock" - the MartexPO EA is able to independently exit the "lock" with a profit. The MartexPO EA can average orders manually opened by a trader and orders opened by another EA. The EA will be of interest to both beginners and experienced traders. A set files and a complete guide to th
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The utility for managing open positions can work with stops (take profit and stop loss) in money, percentages or points. The built-in trailing stop starts working from profit, the size of which can be set in currency or as a percentage. With the help of the built-in trading simulator, you can check how the utility works in the strategy tester. Benefits setting stop loss and take profit in the deposit currency, as a percentage of the account balance or by points; adding stop loss and take profit
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The EA for manual trading to manage open positions.The built-in trailing stop has five modes and seven instruments. There is a virtual stop loss and a virtual take profit, which can be freely moved around the chart. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Guide to UTrailingMin can be found in the "Comments" section. Benefits 5 trailing stop modes: virtual, normal, total, percentage and mobile stop loss; 7 options: by points, by bar
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The indicator shows 7 patterns of the Price Action trading system, as well as the maximum and minimum price lines for the day. Timeframe: H1, H4, D1. Pin bar Outside Vertical Bar (OVB) Pivot Point Reversal (PPR) Closing Price Reversal (CPR) Double Extremums ( DMax/DMin ) Wide Range Bar (WRB) Inside Bar (IB) Settings PRICE ACTION PATTERNS Show Pin Bar   Color Pin Bar - pointer arrow color.                                        Show Outside Vertical Bar (OVB)  Color Outside Vertical Bar   - poin
TralDynamicU
Viktor Shpakovskiy
Utilities
The utility for managing open positions can work with stops (take profit and stop loss) in money, percentages or points. The built-in trailing stop starts working from profit, the size of which can be set in currency or as a percentage. Trailing stop can work in three modes and for five instruments. With the help of the built-in trading simulator, you can check how the utility works in the strategy tester. Benefits setting stop loss and take profit in the deposit currency, as a percentage of the
UTralVirtual
Viktor Shpakovskiy
Utilities
Utility for managing open positions and pending orders. The built-in trailing stop has five modes and seven tools. There is a virtual stop loss and a virtual take profit, which can be freely moved around the chart. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Detailed guide to UTralVirtual can be found in the "Comments" section. Benefits 5 trailing stop modes: virtual, normal, total, percentage and mobile stop loss; 7 options: by points,
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Viktor Shpakovskiy
Experts
EA for manual trading with the ability to add new orders with increasing in one lot. You can manage the risk by changing the lot volume, the step between orders, and limiting the number of open positions and the total volume of lots. There is a trailing stop, virtual stop loss and virtual take profit, which can be freely moved around the chart. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Benefits the initial lot is opened by a trader or
Aweron
Viktor Shpakovskiy
Experts
The Aweron EA works according to the martingale strategy and opens orders based on the signals of the Awesome Oscillator indicator. If desired, the martingale can be disabled, and the EA will work with one order. You can choose the size of lots depending on your risk: normal lots - high risk, economy lots - moderate risk, initial lots - low risk. The EA has an internal risk control system and, if the risk is exceeded, it starts to exit the market, closing extreme orders in pairs. Profitable sing
McDuckEA MT5
Viktor Shpakovskiy
Experts
McDuckEA MT5 – works on the martingale strategy. It shows good results when trading on Gold, XAUUSD. Martingale orders are opened with a step from each other and only after the opening of a new bar of the set timeframe. During the release of important news, the adviser suspends the opening of new orders. The EA has an internal risk control system and, if the risk is exceeded, it starts to exit the market, closing extreme positions in pairs. The level of loading of the deposit determines the risk
UTrailingMT5
Viktor Shpakovskiy
Experts
The EA for manual trading to manage open positions and pending orders.The built-in trailing stop has four modes and seven instruments. There is a virtual stop loss and a virtual take profit, which can be freely moved around the chart.Three take profits, which, when triggered, reduce the volume of the lot by a set percentage. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Manual to UTrailingMT5 can be found in the "Comments" section. In the
MartexMT5
Viktor Shpakovskiy
Experts
MartexMT5 is a moderately aggressive EA working on a martingale strategy with hedge. The EA independently monitors the risk and, if the risk is high, takes measures to exit the market with a minimum profit. In the hedging mode, the EA independently leaves the "lock" with a profit. A complete guide to the MartexMT5 EA can be found in the "Comments" section. Benefits automatic magic number, individual for each currency pair; automatic breakeven and automatic trailing stop; at high risk, reducing t
MartexPO MT5
Viktor Shpakovskiy
Experts
MartexPO MT5 is a moderately aggressive advisor working on a martingale strategy and with the ability to hedge unprofitable positions. Uses pending orders for opening the first order and for hedging. With an asymmetric "lock" - the MartexPO MT5 EA is able to independently exit the "lock" with a profit. The MartexPO MT5 EA can average orders manually opened by a trader and orders opened by another EA. The EA will be of interest to both beginners and experienced traders. A set files and a guide to
FractalanMT5
Viktor Shpakovskiy
Experts
FractalanMT5 – a moderately aggressive EA who works on a martingale strategy with a partial hedging system. With reasonable money management, the EA can withstand significant price corrections against open positions! The first order in the series can be opened manually by both the EA and the trader. Subsequent orders are opened when the fractal level of the specified timeframe is broken. The guide to the FractalanMT5 EA, the set files can be found in the "Comments" section. Benefits types of ord
TralDynamicMT5
Viktor Shpakovskiy
Utilities
The utility for managing open positions can work with stops (take profit and stop loss) in money, percentages or points. The built-in trailing stop starts working from profit, the size of which can be set in currency or as a percentage. With the help of the built-in trading simulator, you can check how the utility works in the strategy tester. Benefits setting stop loss and take profit in the deposit currency, as a percentage of the account balance or by points; adding stop loss and take profit
UTrailingMinMT5
Viktor Shpakovskiy
Experts
The EA for manual trading to manage open positions.The built-in trailing stop has five modes and seven instruments. There is a virtual stop loss and a virtual take profit, which can be freely moved around the chart. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Guide to UTrailingMinMT5 can be found in the "Comments" section. In the MT5 strategy tester, manual movement of virtual SL and TP lines according to the schedule does not work! Ben
UTrailingMiniMT5
Viktor Shpakovskiy
Utilities
The utility for manual trading to manage open positions.The built-in trailing stop has three modes and seven instruments: by pips, by bar extremes, by fractals, by volumes, by MA, by Parabolic SAR and by ATR. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. Guide to UTrailingMiniMT5 can be found in the "Comments" section. Benefits 3 trailing stop modes: normal, total and mobile stop loss; 7 options: by points, by bar extremes, by fractals, b
TralDynamicU MT5
Viktor Shpakovskiy
Utilities
The utility for managing open positions can work with stops (take profit and stop loss) in money, percentages or points. The built-in trailing stop starts working from profit, the size of which can be set in currency or as a percentage. Trailing stop can work in three modes and for five instruments. With the help of the built-in trading simulator, you can check how the utility works in the strategy tester. Benefits setting stop loss and take profit in the deposit currency, as a percentage of the
UTralVirtualMT5
Viktor Shpakovskiy
Utilities
Utility for managing open positions and pending orders. The built-in trailing stop has five modes and seven tools. There is a virtual stop loss and a virtual take profit, which can be freely moved around the chart. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. A detailed guide to UTralVirtualMT5 can be found in the "Comments" section. In the MT5 tester, manual movement of virtual SL and TP lines according to the chart does not work! Benef
VirtualStopsMT5
Viktor Shpakovskiy
Utilities
A utility for managing open positions using virtual (invisible to the broker) stops. Virtual stop loss and virtual take profit can be freely moved around the chart. If the price touches the virtual stop line (TP, SL, TS), the EA will close all orders of the same direction on the current chart. Closing orders by virtual take profit is possible only if there is a profit. With the help of the built-in trading simulator, you can, in the strategy tester, see how the adviser works. Parameters Block
NebularManMT5
Viktor Shpakovskiy
Experts
EA for manual trading with the ability to add new orders with increasing in one lot. You can manage the risk by changing the lot volume, the step between orders, and limiting the number of open positions and the total volume of lots. There is a trailing stop, virtual stop loss and virtual take profit, which can be freely moved around the chart. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester. In the MT5 strategy tester, manual movement of vi
AweronMT5
Viktor Shpakovskiy
Experts
The AweronMT5 EA works according to the martingale strategy and opens orders based on the signals of the Awesome Oscillator indicator. If desired, the martingale can be disabled, and the EA will work with one order. You can choose the size of lots depending on your risk: normal lots - high risk, economy lots - moderate risk, initial lots - low risk. The EA has an internal risk control system and, if the risk is exceeded, it starts to exit the market, closing extreme orders in pairs. Profitable s
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