Irisha Scalper Advisor

The "Irisha" is an Expert Advisor, in which we attempted to implement the ability of trading on smaller timeframes (1-15 minutes). The main idea lies in opening frequent trades and in the ability to "cover" losing trades with profitable ones. However, we had to resort to the Martingale strategy to implement the idea. Due to this, it is recommended to have a large deposit and/or cent account for using this EA.

Operation of the EA on a live account can be evaluated here: https://www.mql5.com/en/signals/229380


Trading Strategy

  • The Moving Average (МА) indicator serves as the signal for opening positions. If the opening price of the candle is below the MA and the closing price is above the MA, this is considered to be a buy signal.
  • The Relative Strength Index (RSI) indicator is used as the signal filter. If the value of the RSI indicator is lower than 30, and a buy signal was received from the MA indicator, a buy order is opened.
  • Change in the direction of market movement. In case the market changes direction after an order is opened, a new buy order will be opened but with an increased lot size.
  • Optimal profit level. In case more than one order is opened, the EA calculates the price level, after reaching which the profitable orders cover the unprofitable ones with the minimum profit percentage.
A Pro or ECN (Market/Instant Execution) account with a spread size of 0 to 2 points (but not greater than 2.5) is recommended for the correct operation of the EA on 5 digit quotes.


Input Parameters

The following list describes the input parameters of the EA that can be modified and optimized:

  • MAGIC (MAGIC number) - identifier of the EA's orders;
  • Trade (Trade) - if this parameter is set to false, the EA will not open new orders once all orders are closed by TP or SL;
  • (ON Filter RSI) - if set to false, the RSI indicator values are not taken into account;
  • Add_Order_Signal (Add new order signal) - if set to true, the new order will be opened by signal when the distance between the price and the initial order level is greater than the value of Step;
  • Lots (Initial Lot Size) - lot size of the initial order;
  • LotExponent (Multiplication, odds lot) - multiplier for the volumes of subsequent orders;
  • TakeProfit (Profit level (in points)) - take profit level;
  • StopLoss (Loss level (in points)) - stop loss level;
  • Step (Distance between orders (in points)) - the minimum distance between orders;
  • MaxOrders (Maximum number of open orders) - the maximum number of opened orders.

You can also adjust the parameters of the Moving Average and Relative Strength Index (such as period, price type, shift, MA method) according to your needs.

The settings of the Moving Average indicator contain the MA_MODE (Definition mode) parameter. It sets the type of the MA indicator usage and has the following options:

  • Intersection - signal is generated when a candle crosses the indicator line;
  • Price - signal is generated when the price is located above or below the indicator line;
  • Directing - signal is generated by the direction of the indicator line;

Settings of the Relative Strength Index include the parameters for overbought (Level overbought) and oversold (Level oversold) levels, and also the RSI_MODE (Definition mode) parameter, it defines the usage type of the RSI indicator for calculation, which has the following options:

  • NONE - oversold area above 50, overbought area below 50;
  • Levels - oversold area above the 'Level overbought' parameter, overbought area below the 'Level oversold' parameter;
  • NeutralZone - trades will be opened only when the RSI value is between the values of 'Level overbought' and 'Level oversold' parameters;
  • Trend - determines the direction of the RSI indicator (Example: if the opening RSI (оRSI) is below the closing RSI (cRSI), the trend is ascending. If the opening RSI (оRSI) is above the closing RSI (cRSI), the trend is descending);
  • TrendLevels - uptrend based on the RSI indicator is above the 'Level overbought' parameter, the downtrend based on the RSI indicator is below the 'Level oversold' parameter;
  • TrendNeutralZone - uptrend or downtrend based on the RSI indicator is between the values of 'Level overbought' and 'Level oversold' parameters.
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PolyGold Scalper is a short-term scalping system for XAUUSD that can make trading decisions based on integration with Polymarket API. Live Signal: CLICK HERE All trading is done within MetaTrader and does not require API keys or a Polymarket account. The chart includes a panel that mirrors the data feed from Polymarket and refreshes every few seconds. The EA only enters single-shot positions and manages them without the use of grid or martingale. Exits are based on a dynamic virtual stop loss an
PZ Averaging EA MT4
PZ TRADING SLU
Experts
Profit even when too early: the perfect robot for position trades This EA turns your losing trades into winners using averaging. Once your initial trade moves into negative territory, the recovery mechanism will kick in and place consecutive market orders in the same direction at fixed price intervals, all of which will be closed with a combined profit or approximately breakeven. This mechanism is compatible with NFA/FIFO rules and accepted by US Brokers. [ User Guide | Installation Guide | Upda
PZ Hedging EA MT4
PZ TRADING SLU
2 (1)
Experts
Your safety net to turn losing trades into winners Have you ever taken a trade at literally the worst possible moment? Have you ever bought an asset just before a significant price crash? Or perhaps you've gone short at the worst possible moment before a rip-off rally? I have. And it sucks. It's one of the worst feelings in the world. Like a kick in the groin. To come out unscathed and in profit from these situations, I developed PZ Hedging EA. [ User Guide | Installation Guide | Update Guide |
Dual Striker PRO MT4
Sergey Ermolov
Experts
Dual Striker uses a momentum-based strategy for trading Gold (XAUUSD). The strategy is designed to trade in the direction of an already established market move WITHOUT using martingale, averaging, grid systems, or other aggressive money management techniques. Live account monitoring: https://www.mql5.com/en/signals/2385210  (14  weeks -> More than +300% ) Recommended broker: Vantage Markets Leverage: 1:500 Minimum deposit: $50 XAUUSD spread up to 30 cents Account type: RAW or ECN After purchasi
WallStreet Recovery PRO
Lachezar Krastev
5 (3)
Experts
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy WallStreet Recovery PRO: Only $217 (Save 70% — Regular price: $547) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $1044 — Yours today for just $217! How to claim: Direct message (DM) us your purchase confirmation to unlock your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Live Results:   https://www.mq
Xyron Edge MT4
Ahmad Sidik
3 (2)
Experts
Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Experts
Download Trial EA Budak Ubat Channel Limited Time Price! The price will increase by 10 USD after every 10 purchases! How it works When the EA is active, it will analyze the chart based on the Execution Mode parameter. If there are no existing positions on the chart, the EA will enter a trade based on the parameter. If the trend is bullish, it will enter a buy trade and if it is bearish it will enter a sell trade. And it will also set a Stop loss order at a certain distance from the opened trad
Just like that
Soolmaz Baramakeh
5 (1)
Experts
Price update As announced earlier, the price of this EA is now $119 . The next price increase will happen after 3 more sales . Thank you for your trust, and wish you profitable trading! Explanation of how the " Just like that " Expert Advisor trades. 1 - This is a scalping-style trading Expert Advisor. This Expert Advisor makes trading decisions based on market movement speed, an analysis of candlestick behavior, and the power of the Heiken Ashi system. 2 - It is an excellent choice for
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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