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Two absorption expert

This trend-following medium-term Expert Advisor is based on search for the "engulfing" chart pattern. If this pattern is found, the EA waits for a confirmation of entry by the second "engulfing: pattern. That is, a correct market entry requires 2 (two) "engulfing" chart patterns.

To improve the entries and to eliminate false signals, the EA features a system of filters, which works based on on the Moving Average technical indicator.


Tactics to buy

A "bearish engulfing" pattern has been formed in the market. The the EA waits for a second "bearish engulfing" pattern to form in a row. Please note, the Low of the signal candle of the SECOND "engulfing" must be higher than the Low of the signal candle of the first "engulfing". After that, there is a check for the end of the trend using two moving averages. If all conditions are met, the EA opens a buy deal.

All conditions are reverse for sell deals, but using the "bullish engulfing" pattern.


Input parameters

------"EXPERT money management"

  • Take Profit - the Take Profit level in points.
  • Stop Loss - the Stop Loss level in points.
  • Lot - position volume, lot
  • Percent of deposit - if lot is set to zero, then a dynamic lot based on a deposit percentage is used.
  • The closing of all transactions when the specified profit. In percentages - close all deals once the specified profit as a percentage of the deposit is reached.

------"EXPERT no loss"

  • Use NO loss - use transferring to breakeven.
  • Level of profit - profit level in points at which to transfer to breakeven.
  • Level of loss - drawdown level in points at which to transfer to breakeven.
  • Level breakeven - the number of points from the order Open to transfer to breakeven.
  • Use Stop Loss on High/Low - set Stop Loss beyond the High/Low of the candle, where the order was opened.
  • Distance Stop Loss - distance from the High/Low in points to set Stop Loss (the number of points away from High/Low to set Stop Loss).
  • Exit when the reverse signal - exit a profitable position when a reverse signal appears.


Important

  • By default, the EA opens market orders with a minimum lot of 0.01. Does not set Stop Loss beyond High/Low of the candle based on the received signal.
  • Use the H1-H4 timeframes and a Take Profit level of 300.0 points.
  • Supports symbols with 4 and 5 decimal places.
  • Does not use Stop Loss, but if an order has a drawdown greater than 200.0 points, the EA transfers them to breakeven.
  • Once a profit of 200.0 points is reached, the EA transfers the order to breakeven and waits for the Take Profit to trigger, which is equal to 300.0 points by default.
  • It features a function of closing all profitable orders when a reverse signal appears.
  • To reduce the drawdown on the trading account, it is recommended to use the minimum working lot.
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Smart Grid Trading Expert Advisor based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes The EA will only work if you have PipFinite Trend PRO MT4 If PipFinite Trend
98 USD
To The Moon EA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $599! Next price:        $699 Price will be kept high to limit number of users for this strategy To The Moon comprises the best out of trend trading  applied to bitcoin . As many people know crypto markets are much less efficient than traditional markets like Forex. It means they are easier to make profit on. They are also trend markets. Using high-quality trend systems as this one is the best possible way to leverage opportunities given by crypto m
599 USD
RocketEA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 6 COPIES OUT OF 10 LEFT AT $499! Next price:        $549 The EA opens trades at the beginning of New York session . This is an ideal time to enter the Forex market as the two largest markets in the world literally overlap each other. During this four-hour period, you can see a great increase in liquidity and volatility provided by both London and New York market participants. The EA analyses the market using the advanced trend filter (ATF). The ATF is a directional filter all
499 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 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
399 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, then we see an high resistance to slippage Spider  Crazy Pro 
99 USD
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