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Flexible EA

Flexible EA works by loading your custom indicators into the EA to trigger Buy/Sell signals and TP/SL signals, also it has built-in advanced grid, averaging, trailing, and filtering systems.

Many times it happened that you grabbed a nice indicator and sat watching its beautiful blue and red arrows or dots popping up on your chart indicating buy/sell signals that you only wished if you can backtest this indicator to see its performance.

Well this happened to all of us and many many times. On top we all wasted money creating EAs just to be able to backtest a heroic indicator which ends up being a total loser.

Here comes Flexible EA, just fill in your custom indicator's name and run a backtest, you can endlessly backtest the 10's or 100's of indicators that you have lying around, you can even auto trade with Flexible EA, it comes loaded with many features.

It is very important to read my blog here to fully understand how Flexible EA works.

Chart TimeFrame: any

Supported Indicator Type: Indicators with buffers that show buy/sell signals as arrow up/down, red/blue dot, histograms, etc.

Features of Flexible EA:

  • Load your custom indicators into the EA and set which is the Buy/Sell signal buffer.
  • Either trade single orders or enable the grid trading system to follow up and average your orders.
  • Average your trades with a basket Take Profit system or enable Trailing for the entire baskets.
  • Set a minimum distance (pips) between opening same kind trades for grid trading, a distance multiplier to avoid opening many orders.
  • Built-in Filters: Start/Stop Time filter, advanced MA filter, RSI filter, News filter.


Parameters

General Parameters:

  • Trade Comment: Your comment here.
  • Magic Number: 90211

Trading Parameters:

  • FIFO Compliance: False (enable this parameter for FIFO brokers only).
  • Trade Direction: BothDirections (forces the EA to trade in one direction only).
  • Time Filter: False (allows the EA to open the first trade according to the timer below).
  • Start Hour: 0 (Time Filter related).
  • Start Minute: 0 (Time Filter related).
  • Stop Hour: 0 (Time Filter related).
  • Stop Minute: 0 (Time Filter related).
  • Trade on Friday?: Yes.

Indicator Parameters:

  • Select your signal source: No_Indicator (This is a very important part: Please read the Blog)
  • Exact name of your Custom_Indicator_A: IndicatorArrows (Please read the Blog).
  • Custom_Indicator's Timeframe: current (Please read the Blog).
  • Custom_Indicator's Buy Buffer#: 0 (Please read the Blog).
  • Custom_Indicator's Sell Buffer#: 1 (Please read the Blog).
  • Indicator Shift: 1 (recommended 1 for Custom indicators and 2 for the Fractals indicator).

Built-in Filters:

News Filter

  • Enable News Filter?: No (Enables the News Filter, pauses trading before/after news).
  • News GMT Offset: -3 (Set the correct GMT Time offset to match the time difference between your broker and the news on chart)
  • News Symbol Filter: USD,EUR (Comma separated list of the symbols you're interested to see on your chart).
  • High impact Before/After pause duration (min): 20 (Stops trading before and after a high impact news release)
  • Medium impact Before/After pause duration (min): 10 (Stops trading before and after a medium impact news release)
  • Low impact Before/After pause duration (min): 10 (Stops trading before and after a low impact news release)
  • Update News every? (hour): 4 (Downloads updates for the news)

Note: For news to work properly you need to Allow WebRequest for listed URL: http://news.flexibleea.com (Please read the Blog).

RSI Filter

  • Enable RSI Filter?: No (Enables the built-in Relative Strength Index Filter).
  • RSI Period: 14 (RSI Setting)
  • (Oversold lvl) Allow Buy’s Below: 30 (RSI Setting)
  • (Overbought lvl) Allow Sells Above: 70 (RSI Setting)
  • RSI TimeFrame: current (RSI Setting)

MA Filter

  • Enable MA Filter?: No (Enables the built-in Moving Average Filter)
  • MA Period: 150 (MA Setting)
  • MA Method: Exponential (MA Setting)
  • MA Shift: 0 (MA Setting)
  • MA Apply to: Close price (MA Setting)
  • MA Timeframe: current (MA Setting)
  • Allow Buy’s if price is: Above_MA_Line (Select either Above or Below)
  • Allow Sell’s if price is: Below_Ma_Line (Select either Below or Above)
  • Minimum distance from MA line (pips): 20 (Important, Please read the Blog)

Lot Sizing, Take Profit and Stop Loss Parameters:

  • Lot Sizing Method: FixedLot (This determines the size of the starting trade size to be either a fixed lot size or a risk % based on the balance of the account).
  • Fixed Lot Size: 0.01 (if FixedLot is selected, here you specify the starting trade lot size).
  • MoneyManagement Risk Percent: 0.002 (if MoneyManagement is selected here, you specify the percentage of the balance to use for the starting trade lot size).
  • Select the Basket type: Split_Basket ("Split_Basket: Buy's basket separated from Sell's basket" "Joined_Basket: Buys and Sells baskets both joined into one").
  • Enable the hidden basket TP?: Yes (You might need to disable it to use other sources for TP)
  • Hidden Basket TP (pips): 7 (The minimum Take Profit basket of the same kind trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
  • Enable the hidden basket SL?: No
  • Hidden Basket SL (pips): 100 (The maximum Stop Loss basket of the same kind trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
  • Close on opposite signal from Custom_Indicator_A?: No (Blindly closes your trades when opposite signals appear from Custom_Indicator_A)
  • Enable Trailing?: false (If enabled trails the whole basket of same kind trades, it is suggested to disable "the hidden basket TP" when using trailing).
  • Trailing Distance (pips): 6 (The distance the price has to move above or below the "Trailing min Profit" before the trailing makes a "Trailing Step" to move the SL)
  • Trailing Step (pips): 3 (When "Trailing Distance" is reached the "Trailing step" moves the SL xx pips as per it's setting).
  • Trailing min Profit (pips): 20 (This is the minimum TP in pips that has to be achieved before the Trailing takes over).
  • Enable Money Profit?: False (Attention: Money Profit monitors/closes all open orders of all symbols of all EA's on all charts).
  • Profit in money to close ALL open trades: 100.
  • Use Custom_Indicator_B Signals for TP?: No (You can choose to get your TP signals from a second custom indicator by enabling this function).
  • Minimum profitable TP pips from Buffer to close: 5 (This is the minimum TP that is required from indi_B before closing a trade).
  • Exact Name of Custom_Indicator_B for TP: IndicatorArrows (Enter the name exactly as the indicator's name with respect to caps and spaces).
  • TP Custom_Indicator_B Timeframe: current (Drop down selection to change the indicator's time frame).
  • Custom_Indicator_B LONG orders TP Buffer#: 0 (The buffer# from where to get the TP closing signal for the long trades).
  • Custom_Indicator_B SHORT orders TP Buffer#: 1 (Input the buffer# from where to get the TP closing signal for the short trades).
  • Custom_Indicator_B TP Shift: 1 (Recommended 1).
  • Use Custom_Indicator_C Signals for SL?: No (Same as above).
  • Min unprofitable SL pips from Buffer to close: 0 (This is the minimum SL for trades to close).
  • Maximum unprofitable SL pips from Buffer to close: 100 (This is the maximum SL that is allowed before closing a trade).
  • Name of Custom_Indicator_C for SL: IndicatorDots (Same as above).
  • SL Custom_Indicator_C Timeframe: current (Same as above).
  • Custom_Indicator_C LONG orders SL Buffer#: 5 (Same as above).
  • Custom_Indicator_C SHORT orders SL Buffer#: 6 (Same as above).
  • Custom_Indicator_C SL Shift: 1 (Recommended 1).
  • Allow grid trades?: Yes (Enable or disable the Grid Trading system from here).
  • Grid trades Lot Sizing method: Lot_Multiplier (Multiplication or Addition method, Blog)
  • Lot Multiplier Short: 1.50 (Lot size multiplier for the next Sell grid trade).
  • Lot Addition Short: 0.02 (Lot size addition for the next Sell grid trade).
  • Min Trade Distance Short (pips): 5 (minimum positive pips required in price change to open the next Sell trade).
  • Next_Trade_Distance_Multiplier_Short: 1.0 (Auto increases the "Min Trade Distance Short (pips)" by multiplying it's value. Blog)
  • Max Short Grid Trades Allowed: 15 (The maximum number allowed of all open Sell trades)
  • Lot Multiplier Long: 1.50 (Lot size multiplier for the next Buy grid trade).
  • Lot Addition Long: 0.02 (Lot size addition for the next Buy grid trade).
  • Min Trade Distance Long (pips): 5 (minimum negative pips required in price change to open the next Buy trade).
  • Next_Trade_Distance_Multiplier_Long: 1.0 (Auto increases the "Min Trade Distance Long (pips)" by multiplying it's value. Blog)
  • Max Long Grid Trades Allowed: 15 (The maximum number allowed of all open Buy trades)

Notification Parameters:

  • Send Push Notifications on DrawDawn?: No (if enabled sends you push notifications on your MetaTrader 4 phone app, this option requires you to have a MetaQuotes ID which you can get for free from your account settings on mql5.com).
  • DrawDawn Threshold %: 50 (the threshold to trigger a push notification, once the account has a drawdown of -50%, a push notification is sent to you).

Debugging Parameters:

  • Enable Printing in the Journal?: False (Prints out many details in the Journal, Slows down the backtesting process, disable while backtesting for faster performance).
Reviews 10
tonton33
1149
tonton33 2018.09.15 12:02 
 

Its great EA and very stable.and Nicolas support very polite and helpful.

I'mvery satisfied.

Mark Vaines
1520
Mark Vaines 2018.06.20 16:26 
 

So far so good very flexible and improving all the time. Every time this EA is updated it adds a new dimension to trading. Keep it up Nick - awesome tool - if you have a trading idea you might be able to implement it with this EA. I did and at the time of writing had started a signal using parameters from this EA.

https://www.mql5.com/en/signals/440640

TheUnknown
61
TheUnknown 2018.06.13 12:15 
 

Great EA! Very stable. Exactly what I was looking for and Nicolas has been very helpful.

The EA gets frequent updates, and new features are added regularly.

Keep up the good work.

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ONLY 1/20 COPIES AVAILABLE AT 380$ NEXT PRICE -> 497$ I have been developing, testing and correcting this automated scalping system for a long time: https://www.mql5.com/en/signals/author/test-standart .   Last settings for EA in the comment: #2003 🛑  Telegram channel with news:   https://t.me/EAFXPRO 🛑   Telegram group for questions and discussion:   https://t.me/EAFXPRO_chat Highlights to pay attention to 1 . During live operation of the EA, the GMT offset parameter is determined automati
380 USD
Euro Master
Stanislav Tomilov
Price: $599 5 of 10 copies left at this price Next price $699 Live signal  https://www.mql5.com/en/signals/866039 HIGLY RECOMMENDED BROKER FOR EUROMASTER Euro Master is an advanced, fully automated Expert developed to trade with EURUSD. Experts use unique artificial intelligence technology for market analysis to find the best entry points. EA contains self-adaptive market algorithms with reinforcement learning elements. Reinforcement machine learning differs from supervised learning in a way th
599 USD
Ranger EA
Ryan Brown
The Ranger EA has a very long forward track record of 13 months! The EA also has a long backtest history of 10+ years using 99.90% modeling quality! Join the free discord group for live trading results and backtests from users of the Ranger EA.  https://discord.gg/5uERnFD Trades the GBPCAD and AUDCAD on the H1 timeframe ONLY! The Ranger EA has been optimized for these 2 pairs. It's not recommended to trade other pairs. The default settings are best for the AUDCAD! See picture in description
397 USD
Stenvall Invest
Gennady Sergienko
default settings:     EURUSD M5 email:                    lleonea.com@gmail.com telegram for pm:    @leontolstoy This is a fully automatic trading robot that does not require the intervention of a trader is divided into control blocks that contain more than 70 smart functions for controlling the trading process. ✔ How is Stenvall Invest better than others ? ☑ We do not use a beautiful word with pictures, Stenvall Invest is really a technological robot that has a complex code. Read about
1 199 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Friday Monday
Konstantin Kulikov
ONLY 4/20 COPIES AVAILABLE AT 380$ NEXT PRICE -> 497$ This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account:   https://www.mql5.com/en/signals/395124   . Therefore, as an alternative or addition to th
380 USD
Pinpoint EA
Ryan Brown
The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! The Pinpoint trades on the GBPUSD and EURUSD M15 timeframe ONLY! Makes sure and change the settings according to the EURUSD photo when trading the EURUSD! The defa
277 USD
Ronin FX
Evgenii Golovanets
Price: $499 10 of 10 copies left at this price Next price $599 Trading on signal will be stopped during elections week in USA Recommended broker ( click here ) Live signal  https://www.mql5.com/en/signals/856765 Ronin FX is a fully automated expert adviser, which implements convenient features to perform multicurrency high frequency trading with the ability to widely diversify trading risks. This Forex robot uses 3 deals for trading, with the help of which it gets a total profit in almost 99% o
499 USD
Hedgefund Scalper
Dorothy Koki Mringie
How a trade is placed. This has been simplified by the ea that even a grandmother can trade. when the three indicators show the same color and three tick boxes appear. Place the trade. The ea will advice you whether its a buy or sell. But first, some introduction: The Hedgefund Scalper is a visual trader that uses 1) indicators listed on the chart 2) Bar patterns 3) Resistance and support levels 4) Psychological levels and pivot points.Straight line showing the entry time, target and risk level
2 900 USD
MBfx Neural Adaptive MT4 EA
Max Brown
This EA uses advanced machine learning auto-adapting methods to drive trading performance; methods that have been researched and developed for well over 15 years.   Each FX pair has between five and ten machines learning algorithms driving 20 to 50 algorithmic models per pair.   This is a true  A.I.   Driven Dynamic Strategy Selection EA therefore this is formidable and a trading Gem.   It is a prized jewel that has been placed atop my personal treasure hoard of prized trading algorithms but n
599.99 USD
KonokaSystem
Nobuyoshi Murase
KonokaSystem is a day trade targeting (0:00 ~13:00) Japan time. The currency pair is USDJPY and trades at the closing price of M5. No grid or martingale logic is used. Both TP and SL are 100Pips, which are slightly larger. (To avoid loss due to large short sale) There are other exit methods using time and technical indicators. With those internal logic, profit and loss are repeated and grow. KonokaSystem is not aimed at increasing the winning rate. Back test (BT) is verified in 20 years. We d
330 USD
SFE Stealth
Joel Juanpere
The system looks for signs of reversal, in hours when the market is not strong and the risk of high movements is low. The system has the ability to work well with many symbols, and the correlation of the different symbols is generally very low, giving to the system a very high diversification, which reduces the overall risk. The system generally launches several trades every day, which added to the high diversification, provides the opportunity to aspire to a relatively stable growth. Signal
750 USD
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
319 USD
ProFx MT4
Sergej Maehler
40%  OFF  $̶4̶̶9̶̶9̶   FOR BLACK FRIDAY!  - EARLY ACCESS - LIMITED TIME OFFER $299 FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dy
299 USD
Chakra MT4
The Huy Phan
Chakra MT4 is a trending following EA. This EA uses a custom indicators to detect entry signal. The fixed stop loss and take profit are always set for each trade. This EA has smart money management. Users only need to determine the accepted loss for each trade, EA will calculate the lot size for each trade according to stop loss price. Therefore, this EA is very safe. This EA is very easy to use and can apply for many currency pairs. Recommended time frame is  H1. Recommended pairs:  EURUSD, US
1 000 USD
BKK Scalper
Orathai Chitphuengtham
BKK Scalper Integrating the advantages of the popular Scalper EA on the market, the team has been optimized for 6 months.is an innovative EA that incorporates some very advance secretive trading algorithm. when detects small deviations and enters in the contrary direction trying to close the operation in the level before that deviation happens Features: Every trade is protected by stop-loss; The EA is not sensitive to spread or broker, you may chose any broker you trust to; No dangerous money
999 USD
BuySellProf Gnome
Yurij Batura
Multipurpose expert. It solves the question of choosing a goal - the direction of price movement. Locking and hedging is the main principle of this advisor. According to the law of harmonic fluctuations, the price always returns to its original position and the forex market is no exception. Balancing simultaneously multidirectional orders, the expert fixes the profit on the market turns, the smaller the initial TP - take profit - the application that fixes the profit, the more accurately the mar
569 USD
Magic Seven MT4
Ozkan Kara
Price: $495      This price is only for the first 10 buyers! Next Price: $795   Magic Seven  is a fully automated  EURUSD Daily Trend System. Before London Trading Season, EURUSD movements are small and predictable. The system focuses only   Small and Steady Profits . The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses fixed stoploss for every position. I will always help you, please contact me ! General Strategy Definition Correct Open Time:    It opens
495 USD
Serenade MT4
Evgeniy Zhdan
🔥   The autonomous trading system Serenade works on the basis of a unique strategy for determining impulse movements after false breakouts and price rollbacks for a subsequent strong movement. 🔥   The Expert Advisor has been successfully tested with 99% quotes quality, floating spread and random ping since 2010. 🔥   Advisor optimization is not required. In the process, the algorithm of the adviser adjusts the sensitivity of the strategy. 🔥   This is NOT a scalper, NOT a martingale, NOT a
1 320 USD
Twin Max Mixed DC
Stanislau Siatsko
This is a multicurrency adviser where, when opening positions, the conditions of two correlation pairs are taken into account at the same time, which is impossible to see when testing in MT4. For testing, use the version for MT5:  https://www.mql5.com/en/market/product/50562 Real Trading:  https://www.mql5.com/en/signals/770666 VERY IMPORTANT: ATTENTION : If you change the value of Risk_value, then =MANDATORY= also change (proportionally) the parameters: GLOBAL_Profit and Profit_for_one_Ligamen
3 500 USD
Filter:
Prinay
588
Prinay 2018.04.27 17:14 
 

Great EA! So far so good. Will test it out over the next few weeks and provide a more constructive feedback. Great work so far.

Flaviano Moreira Filho
503
Flaviano Moreira Filho 2018.05.05 13:38 
 

This is a great tool with a lot of options. The author Nicolas has replied to my questions and has made improvements to the EA based on my feedback so I am very impressed and I highly recommend it.

alrefai
197
alrefai 2018.05.16 07:13 
 

Creative EA! The developer is very cooperative with fixing bugs and implementing new features when requested. looking forward for new versions

noshali
558
noshali 2018.05.18 07:32 
 

Awesome EA. Works as advertised. Support is 5 stars and more. Best support ever.

UPDATE

Nicolas is very cooperative and listens to every piece of feedback given. Have been using this EA on a regular basis to test indicators that was not possible providing better analysis. Also, do note that NO indicator in the world is 100% correct all the time...so keep your expectations in the right place. This EA will help you weed out crappy indicators and save you a bundle.

hic77
93
hic77 2018.06.13 12:05 
 

Flexible Ea: Fantastic !! Easy simple intuitive to configure. Finally an EA that will always be useful. The best money spent in Mql5. Great support !! Thank you.

TheUnknown
61
TheUnknown 2018.06.13 12:15 
 

Great EA! Very stable. Exactly what I was looking for and Nicolas has been very helpful.

The EA gets frequent updates, and new features are added regularly.

Keep up the good work.

Mark Vaines
1520
Mark Vaines 2018.06.20 16:26 
 

So far so good very flexible and improving all the time. Every time this EA is updated it adds a new dimension to trading. Keep it up Nick - awesome tool - if you have a trading idea you might be able to implement it with this EA. I did and at the time of writing had started a signal using parameters from this EA.

https://www.mql5.com/en/signals/440640

Al Bundy
293
Al Bundy 2018.06.21 13:01 
 

Hi,

very well done.

With last update now trailing is implemented.

With a good indicator it will be a great winning team.

Parameter for set file is still missing. This would be no problem if one codes an own indicator.

One negative, so one star minus but not because of this EA: in this combination one coudn't use strategy tester for best indicator settings - only for EA settings. Do you know a solution or workaround?

best regards

edit:

-* Strategy tester doesn't trade with custom indicator.

-* Got no support for custom parameter handover although offered.

tonton33
1149
tonton33 2018.09.15 12:02 
 

Its great EA and very stable.and Nicolas support very polite and helpful.

I'mvery satisfied.

Oscar Garcia
324
Oscar Garcia 2019.05.31 05:35 
 

Maybe this could be a grear ea, but if you need help forget about contact developer. I rented for a month and I asked him for help, it has been a month and I'm still waiting for an answer. I won't renew subscription.

Reply to review
Version 6.38 2018.06.20
Fixed a bug related to the News Filter which prevented the EA from opening orders even if the filter was disabled.
Version 6.35 2018.06.11
- Added a built-in Trend detection which shows "Trend Up" or "Trend Down" on the dashboard.
- Added an option for TP and SL to select either a "Split_Basket" where the Buys basket is separated from Sells, or a "Joined_Basket" where Buys and Sells are combined and calculated into 1 joined basket. This option comes as per Mark Vaines suggestion. Thanks to him.
- Added "All Account Money Profit" which monitors/closes all open orders of all symbols of all EA's or manual on all charts. Mark Vaines also.
- Added a debugging option when enabled prints many details in the journal.
- Fixed a bug in "Use Custom_Indicator_C as SL" which was not closing orders properly on signal.
- Added a parameter "Min unprofitable SL pips from Buffer to close".
- Fixed a bug in "Time Filter"
Version 5.90 2018.05.28
- Added the 'trailing' functionality as per users suggestions.
- Added a section for TP/SL to close each on their own custom_indicator, they are no more related to the main custom_indicator that opens the main trades.
Now you have the option to close your trades using MA crossing or Bollinger Bands or whatever you might imagine as long as you find an indicator for it.
- Fixed Money Management (risk percent) not opening lots properly.
- Fixed a bug in the grid trader.
- Now the dashboard auto disables for faster backtesting.
Version 5.0 2018.05.17
Added:
- Minimum profitable TP pips from Buffer to close a trade
- Max unprofitable SL pips from Buffer to close a trade
- News Filter
- Dashboard
Version 4.40 2018.05.04
New additions to V4.40:
- MA Filter (with trade options)
- RSI Filter
- Close on opposite signal
- Grid Lot Sizing Method (either lot_multiplication or lot_addition)
- Added "No_Indicator" to Signal Source (The EA relies on the "Min Trade Distance" to open grid trades)
- Removed the built-in drop down list of "Buffer#" fixed selections so that users can input any number they want.
- Added the option to Take Profit or Stop Loss according to the Custom_Indicator signals.
- Option to Enable/Disable the grid trader. If disabled only a single buy or sell will happen.