LogicalTraderEA is a Hedging expert advisor which uses a grid recovery strategy.
LogicalTraderEA trades on all types of pairs. It works most efficiently on an account with a high margin, which plays a huge role in any strategy. The user has to be able to consider withdrawal as a part of the strategy.
This EA works on all time frames without losing its efficiency, but it works most efficiently in the H1 time frame. I have already set the most optimal default parameters in accordance with the strategy.
It is highly reliable, as it has been developed considering trading on a real account.
The initial trade will open if it crosses above the resistance line and below the support line of the time frame you have attached on the EA. Recovery trade will open if it is above the "Sell above line" and below the "Buy below line"
It will automatically close via trailing stop.it is optimized to the best settings to adapt to any time frame and symbol. Long trades will only trail if open trade size of buy is greater than short trades, and short trades will trail if it is greater than long trades.
Aggressiveness will depend on the time frame you have attached the EA; the lower the value, the more aggressive.
I Added Close All Button on the chart that close all trade that made by this EA on the chart.
The EA will automatically reject an order, if the margin is not enough or the Maximum number of order allowed by your broker is reached.
Attach it to multiple pairs to diversify your account. I recommend 6 - 10 pairs if you have an account balance of more than $1000 with X 500 leverage or more.
- MagicNumber - return an identifying (magic) number of the currently selected order.
- Max Slippage - The difference between the expected price of a trade, and the price the trade actually executes at which you allow the EA to execute an order.
- Support && Resistance Period - the period of bars the line of support and resistance will base its value from the current bar.
- next open trade of grid after close bar - will only open next trade of grid after close bar count.
- Relative Minimum Level Distance - The relative minimum distance on which the recovery trade will open, Buy below and Sell above level.
- 1. Last Open Trade Price - Calculates the minimum distance relative to the last open trade price.
- 2. Average Price - Calculates the minimum distance relative to the average price.
- Minimum Distance Multiplier-The multiplier of which the minimum level distance is calculated. "Average true range X Multiplier."
- Virtual Stop Order - Activate or Deactivate Virtual Stop Order.
- Virtual Stop Distance Multiplier - Multiplies the distance of stop order relative from the highest buy and lowest Sell. Highest buy + (ATR*Multiplier) + or Lowest Sell - (ATR*Multiplier).
~~~~~Lot Sizing Settings~~~~~
- Starting Lot Option - The Option to choose Fix or Account Balance Sizing;
- 1. Fix - Fix initial trade size.
- 2. Account Balance Sizing(.01 per Account balance) - calculates initial trade relative to account balance, "(Account balance / Input) * .01"
- Multiplier - multiples the initial lot size to the total trades count.
~~~~~Time and Day Filter Settings~~~~~
- Daily Start Time - hour starts to open a trade.
- Daily Stop Time- hour ends to stop opening a trade.
- Monday - allow the EA to trade on Monday.
- Tuesday - allow the EA to trade on Tuesday.
- Wednesday - allow the EA to trade on Wednesday.
- Thursday - allow the EA to trade on Thursday.
- Friday - allow the EA to trade on Friday.
- Equity Trail Profit All Target % -Target equity % to activate the Equity trailing stop.
- Equity Trail Profit All Stop % - The subtrahend of the "Trail profit all target" to get the equity stop loss.
- Function Call Timer - The frequency of the event occurrence.
Function Call timer will only be adjusted if your terminal can not set millisecond timer.
Genesis Hafalla is a programmer who aims to create products both the MetaTrader 4 and MetaTrader 5 platforms.
The EA identifies divergences in two correlated currency pairs and trades in the direction where they converge back. Working timeframe: M30 Input parameters MagicNumber - identification number for the EA. OrdersComment - comment to order, automatic if an empty value is set. Lots - lot size. DepoPer001Lot - automatic lot calculation (specify the balance per 0.01 lot) (if 0, the value from 'Lots' parameter is used). TimeFrame - working timeframe. Symbol #2 - correlated currency. Symbol #2 revers
The levels, where a large volume of trades has been formed, are very important in the technical analysis. It is also important to know the direction of the trend and its change. When a High is broken the trend is considered an uptrend, when a Low is broken - a downtrend. This provides a foundation for a good trading system. But now you don't have to do anything, such system has already been developed - the Trend Stream. The EA automatically detects the trend direction and makes trades based on t
CAP Zone Recovery EA is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. I call it the "Never Lose Again Strategy". Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. Guaranteed! The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy" . CAP Zone Recovery EA is extremely easy to use. You just ope
The Scalper Progressive bot is designed for trading major currency pairs, it has protection against failures - when reconnecting, the adviser will continue to work with its orders. Forex trading strategy, carried out at short intervals and with very small goals for profit / loss. A trader makes a deal from a few seconds to several minutes and at the same time tries to take a small profit / loss from a few points to tens of points. The expert independently controls the volume of trading position
H4 GBPUSD Trend Scalper is a trend signal scalper The EA trades according to the trend strategy using original built-in indicator for opening and closing orders. The external inputs for limiting trading on Fridays and Mondays are available. The purpose of the strategy is to use the current trend with the most benefit. According to the results of testing and working on demo and real accounts, the best results achieved by using the Н4 timeframe on the GBP/USD pair Works on MetaTrader 4 Build 971+
EA by my "without return" indicator. It does not use a lot multiple, etc. When the price passes without a rollback and then rollback, a pending order is placed. According to my assumptions, the strategy and my parameters may be relevant for at least a few more years for a long-term investment with trading with a risk lot without withdrawing profit. Ready parameters are available in the comments. Install on VPS and wait for profit. The strategy is relatively simple and without risky exits, ent
The Expert Advisor's trading strategy is based on moving average crossings by the price. The algorithm includes the following functions: stop loss order trailing after reaching a certain profit; changing a position volume depending on the balance change; waiting out losing trades; closing unidirectional trades by breakeven; limiting losses; flat filter. Parameters Take profit - take profit value; Stop loss - stop loss value; Start trailing if profit > (pips) - trail a stop loss order if the p
The Infinity Expert Advisor is a scalper. When the resistance and support levels are broken, trades are opened in the direction of the price movement. Open positions are managed by several algorithms based on the current market situation (fixed stop loss and take profit, trailing stop, holding positions in case of trend indication, etc.). Requirements for the broker The EA is sensitive to spread, slippages and execution quality. It is strongly recommended not to use the EA for currencies with
Super grid nineth (ninth) generation is another grid type EA on this huge forex system population, this EA not using any indicator to avoid any fake signaling to open or closing position orders. This EA will open pending order stop and limit in the first time EA run, then maintain all opened order with unique way to balancing account free margin and make equity growth. This EA have unique system not like anyother grid EA, with correct setup and run on max 3 pairs in one account, this EA capable
STPAOS is an automated trading advisor. The advisor programmatic functionality has been customized for a safe trading strategy with the trend, the essence of which is to close the transaction while achieving a positive profitability ratio of several points, which gives the buyer the opportunity to minimize the loss of funds from the opening of losing trades. Advisor is equipped with special software installations and utilities that help to achieve a positive indicator of trade profitability. The
✅ The basis of the strategy is the identification of quick corrective movements between the crosses of a working currency pair or metal. At the moment of differences in prices of trading instruments, the adviser analyzes the possible direction of price movement on a working instrument and starts work. ✅ Each position has a stop loss and take profit. ✅ A unique position tracking algorithm allows you to control the superiority of profit over loss. ✅ The adviser does not use dangerous tradin
Big Brother is a fully automated Expert Advisor, which applies an original algorithm for calculations and management of Take Profit and Stop Loss. It is based both on grid trading and on algorithmic trading. The system does not use elements of risky strategies. It has been created as safe for trading as possible. Some special time and price filters applied, to eliminate critical trades. The main indicator used for determining market entries is Moving Averages Convergence/Divergence . Decisions a
Ilanis is and Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the
Dedicated to grid trading fans. For a long period I was trading using Manual Trader by Ramil Minniakmetov. I liked this program but soon I came up with an idea to improve the program by making the grid vivid and adding something mine. 1) I taught the program to take swaps and commission into account. 2) If the market allows, the program trails a gain by moving Profit. 3) The program spends a part of the gain partially killing the lower order and moving to a smaller lot, preventing it from going
Multifunctional Expert Advisor for MetaTrader 4 The EA's algorithm is based on versatility principle. The EA can work in three different modes that can be switched independently. DigitalFilterA indicator readings are used as trading signals. The indicator's algorithm is based on the highly efficient digital filter. The unique digital filtering algorithm provides users with trading signals in a timely manner and also allows them to assess the current situation objectively when performing technica
The Expert Advisor trades a grid with an adjustable step between orders. The product can assist you on a quiet market. The EA has a customizable limitation by the grid's upper and lower grid level (the EA trades between UP and DOWN levels). The EA allows you to configure BUY and SELL order volumes separately. Inputs UP - upper price level, above which the EA opens no orders; DOWN - lower price level, below which the EA opens no orders; Lots_BUY - buy order volume; Lots_SELL - sell order volume
The Elastic Grid is a multi-functional grid Expert Advisor, designed for full or partial automation of various ideas related to grid trading. The EA trades on any timeframe and symbol. It can also trade several symbols with any amount of decimal places. It does not interfere with manual trading and other EAs' operation or any indicators. It allows to adjust its settings on the fly, works only with its own orders displaying all necessary data on them when needed. Key features of the Expert Advi
Vizzion is a fully automated scalping Expert Advisor that can be run successfully using GBPJPY currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks o
EURUSD DECODER EA is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss. Before you buy all of my product please be aware of the risks involved: 1) Pl
Grid expert Advisor. Opens positions in both directions with the specified step and the specified take profit. Take profit is also set for the grid of open orders, which is automatically adjusted when new orders are opened. It also provides for closing old orders as the lot increases (this is necessary to avoid a deep drawdown). Parameters: target balance > AccountBalance() - Needs to set the balance level at which the adviser will close all orders and stop working (a convenient function, beca
Cool EA MT4 is a simple Expert Advisor based on Cool Indicator MT4 ( The Indicator is incorporated in the EA.) Cool Indicator MT4 is based on Williams' Percent Range (%R) and Average True Range (ATR) and can be dowloaded from my product page . Settings : Magic number : 933278 ( is the unique number assigned to the trades placed by the Expert Advisor ) The parameters below can be set according to your trading rules. StopLoss : ( Stop Loss in pips ) Take Profit : ( Take Profit in pips ) Trade
This is a grid Expert Advisor which works with market orders using Martingale. The first trade is opened when the price touches a horizontal line placed at a trader's discretion. The EA has pretty flexible settings — trading lot and step for opening new orders can be fixed or dynamic. To start using the EA, set horizontal or trend lines and name them according to BUY_Line and SELL_Line parameters. Default names of these lines are BUY_Line = BUY and SELL_Line = SELL. In other words, when placing
The Expert Advisor trades the signals from an artificial neural network with one hidden layer. Presence of a signal is checked at the closing of the specified period. MAIN PARAMETERS Net option - setting the order grid. When placing a market (not pending, Pending order offset=0 ) order according to a signal, the grid order is set. The following direction are available: follow the trend , against the treand and both directions . The number of placed orders is taken from the ...maximum deals with
This is a fully automated trading robot. Conqueror trades using pending orders, and modifies the pending orders following the market price movement. At the start, the Expert Advisor places two pending orders - BUY STOP and SELL STOP at a certain distance from the price equal to Distance , and then moves the orders following the price movement by modifying them every few seconds - MoveStopOrderSec . Also, in case of a strong movement, the EA places additional orders in the direction of the moveme
The Trend Trade 1.0 EA trades by trend and enters the market on rollbacks. The trend is determined on day charts, but trading is performed in hour charts. The EA does not require complicated optimization. It can work with several symbols. Features: a trader needs to specify one parameter - order size (default value is 1.0); stops and profits are calculated automatically; can trade any currency pair (pairs with lower spreads are preferred); opens 1 order for an instrument at a time. The EA wa
The EA trades using the MACD indicator from all timeframes. This allows the robot to trade strictly according to the trend and fix the maximum profit. EA settings Auto Lot - automatic lot. It is calculated as 0.01 for the Deposit amount specified in this setting. For example, You specified 100. So for a Deposit of $ 100, the lot will be 0.01, for a Deposit of $ 200 0.02, etc...; Lot - fixed lot if auto Lot = 0; Take Profit - take profit in the Deposit currency. Stop Loss in (%) - stop loss as %
This is a grid Expert Advisor. It has several trading strategies based on the MACD indicator. The virtual trailing stop, stop loss, take profit levels can be set pips, in the deposit currency or as a percentage of the balance. Depending on the settings, different orders may be opened for diversifying risks. Their closure can be either an oppositely directed or unidirectional basket of orders. The orders grid is adaptive, only market orders are used in it. If the price moves the distance of Order
The idea of the Expert Advisor stems from the theory of rollbacks. We often find levels, from which the price rolls back. That trader finds such a point and places an order there. In order not to repeat the same procedures, use this Expert Advisor. The Expert Advisor opens a limit order where another order has just closed with a profit. All parameters, lot, Stop Loss, Take Profit and the direction are the same as of the closed order. Example A position is opened at 1,1234. After it closes, a l
This is EA using the martingale and averaging strategy. This strategy is low risk and high profitability than the normal martingale. Weakness of Martingale is that the order lots increase at an accelerated pace, but also it reduces the profit if the first lot is small. Therefore, to achieve low risk and high profitability by trading many currency pairs in parallel while small first lot. How to use This EA does not work with the default settings. You can trade only symbols specified in the seco
Important to know I recommend using it on accounts with at least 1000$. Anyways you can use it starting from 500$-1000$. The first operation is always a BUY order. Hedge Strategy implemented. The best of this EA during the testing and working in live market: Profit factor: from 1.4 - 2 Drawdown: Less than 10%. Good entries per default and configurable entries. Configure start lot size. Configure how many bars you want to consider. Configure entry signals: RSI + Volumes (mathematical operatio
Added logic equity trailing stop - if total equity % reaches the target profit it will close all trade in the entire terminal if equity % crosses below (Equity Trail Profit All Target % minus Trail Profit All Stop %).
next open trade of grid after close bar = will only open next trade of grid after close bar count.
Virtual Stop Order = Activate or Deactivate Virtual Stop Order.
Virtual Stop Distance Multiplier = Multiplies the distance of stop order relative from the highest buy and lowest Sell. Highest buy + (ATR*Multiplier) + or Lowest Sell - (ATR*Multiplier).
Equity Trail Profit All Target % = Target equity % to activate the Equity trailing stop.
Equity Trail Profit All Stop % = The subtrahend of the "Trail profit all target" to get the equity stop loss.
Example: if "Equity Trail Profit All Target %" is 10% and "Equity Trail Profit All Stop %" is 2%, 10% minus 2% is 8%, if Equity % crosses below 8% all trades in the terminal will close.
if the equity profit moves in favor to 11% minus 2% the new equity stop loss is 9%.
Relative Minimum Level Distance - The relative minimum distance on which the recovery trade will open.
1. Last Open Trade Price - Calculates the minimum distance relative to the last open trade price.
2. Average Price - Calculates the minimum distance relative to the average price.
Minimum Distance Multiplier-The multiplier of which the minimum level distance is calculated. "Average true range X Multiplier."
Added alert info:
alert info on opening order
1. Lot Size:
2. Account Balance:
3. Account FreeMargin:
4. Account Margin: "
5. Todays Profit: "
Added time and day filter.
Changes lot-sizing logic.
added line for average price.
improve the trailing stop function.
faster execution using function call time.
improve the entry logic by using the mid-price of ask and bid to work better on widening spread scenarios.
removed the dashboard.
removed unnecessary settings.
Optimized trailing stop deactivates if it detects a breakout to maximize profit. Aggressiveness will depend on the time frame you have attached the EA; the lower the value, the more aggressive.
Added close All button on the chart.
MoneyManagement - Fix lot, Lots Increment, Lot Sizing Increment.
StartingLot - Starting Lot Size.
1lot for every__ - Set your custom lot sizing.
Maximum Account Balance - the EA will not trade if balance is above value.
Minimum Account Balance - the EA will not trade if balance is below value.
Info Dashboard Settings
ShowDashboard - Show Info Dashboard if set to true.
Profit Color - choose the color for profit.
Loss Color - choose the color for loss.
text color - choose the color of text.
Now uses Average True Range as distance recovery and moving average as trailing stop.
Removed all unnecessary object to increase speed.
*LotsMultiplier - Compute the lot Size by Counting total trades count multiply by Fixlot.
Added an Input Customized Maxlot.
*CustomMaxlot-Input desired Maxlot when Position Sizing and lots multiplier are activated
-An Object Info for the Next Lot to open and Open Trade Size
-I removed PosLotstep option 1 and preset it to .01
-money management is now preset to fixlot .01 or the broker's minimum lot
-I added position sizing balance/1000
-I also added an input for MaxSlippage, which refers to the difference between the expected price of a trade and the price at which the trade is actually executed.