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MACD Trader MT5

This is a fully automated multi-currency Expert Advisor with unlimited number of currency pairs using MACD and Envelopes indicators. You can specify how the EA should work with each currency pair. You can add orders manually.

Real account fully managed by the Expert Advisor

The free version is available here.


Parameters

Common

  • TradeObjectsDelete: delete trade objects.
  • OrderPanel: display the panel for opening orders.
  • TradeToBalance: target balance to stop trading. The parameter is triggered only after all trades are closed. Otherwise, it continues opening orders to return to normal before closing deals according to one of the conditions below. 0 - trade with no limits.
  • Magic: Magic number of orders opened by the EA.
  • MagicWork: work only with the EA's orders or with all orders.
  • TheMainPair: Currency instruments (pairs) for the EA to work with. There may be variations when setting a pair. If set simply as EURUSD, GBPUSD: or AUDUSD:ALL, the EA opens both buy and sell orders. If a specific order type is set after a colon USDJPY:BUY, then the EA opens only buy orders and in case of eurjpy:sell, it performs only sell orders. The pairs are separated by commas. For example, the following entry "EURUSD, GBPUSD:, AUDUSD:ALL, USDJPY:BUY, eurjpy:sell" instructs the EA to open trades on EURUSD, GBPUSD and AUDUSD in both directions, while trades on USDJPY and EURJPY are opened only in specified directions. (If the parameter is left blank, the EA trades in both directions on the pair it is launched at)
  • Trading: trading type.
  • SavingInfo: save to files/variables.
  • Messages: messages.

Indicators

  • MACD
    • MACDfastEMA: Fast EMA Period.
    • MACDslowEMA: Slow EMA Period.
    • MACDsigLine: Signal SMA Period.
    • MACDprice: select one of the price options.
    • MACDnoOpen: the number of points from 0 to not open positions.
    • iBarLook: number of bars to look back for comparison. Refers to both indicators. The optimal values are 1-3.
  • Envelopes
    • EnvelopesPeriod: period.
    • EnvelopesShift: MA shift.
    • EnvelopesPrice: select one of the price options.
    • EnvelopesMAMethod: smoothing methods.
    • EnvelopesDeviation: deviation (in percent).

Working with Orders

  • TakingOrders: Fixed - fixed, Floating - floating, Percent - percentage of the balance, NoTake - do not open orders.
  • MaxSpred: maximum allowable spread to open trades. 0 - any.
  • Deviation: default slippage.
  • StepPips: distance to the next order in pips.
  • OrdersTake: the maximum number of open trades in one direction for one currency pair.
  • PauseMinute: pause in minutes when closing all orders.
  • StopLossOrder: stop loss when opening an order. **
  • TakeProfitOrder: take profit when opening an order. **

  • Lot: lot size; if Percent is used, specify the percentage.
  • PlusLot: lot size is added to the next order, +PlusLot.
  • MaxLot: maximum lot, limits when using Floating and Percent.

Working with a loss-making order

  • MinusLotClose: lot to be closed; if 0, then close fully.
  • MinusProfitFactor: * for the negative order, Lot*X. **
  • LockMinusProfitFactor: * for covering the negative order, Lot*X.

Stop Loss when tracking for profitable market orders

  • SecCheckStop: the minimum number of seconds to modify Stop Loss/Take Profit.
  • InterestOrderP: breakeven percentage for profitable orders. **
  • MinStopLoss: minimum stop loss for profitable orders. **
  • TakeProfitOrderMod: take profit for modified orders. **

Take profit

  • ProfitFactor: * for all orders (average Lot*X). **
  • PairFactor: * for the currency pair during rollbacks (average Lot*X). **
  • PairHeadingFactor: * for the currency pair direction during rollbacks (average Lot*X). **
  • OrderProfitFactor: * for profitable orders during rollbacks. **

Training

  • TrainingWork: training mode.
  • AnalysisOrders: the maximum number of orders in the database, 0 - unlimited.
  • AnalysisBar: the number of bars to process, min:5, max:500.
  • AnalysisProfit: profit of an order to add it to the trading database (pips).
  • AnalysisMinus: loss of an order to remove it from the database (pips).

* - profit multiplier

** - if 0, disabled/not used/not taken

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This EA trades indices CFDs, using different strategies. Live signal https://www.mql5.com/en/signals/901786 Usage Setup this EA requires some expertise because the CFDs products have some particularities in his definition in different brokers, therefore, is strongly recommended do a backtest before use it live, to be sure all is OK. You can visit the smartforexexpert website for view the current brokers tested and the set files for each broker. The default parameters corresponds to ICMa
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Tokyo MT5
Ruben Octavio Gonzalez Aviles
Tokyo is an Expert Advisor that uses forex price trend patterns to enter and exit the market.  Trades Every Trade has a fixed Take Profit and Stop Loss set from the beginning. Although the values can be changed, it is recommended to keep the default values to get the best performance from the algorithm.  There will always be only one trade at a time. Currency Pairs and Timeframes The algorithm has been designed to work best on the EURUSD pair. Feel free to test and experiment with other
399 USD
Boom Master Scalper
Jaymar Egonia
Join to my channel  https://t.me/Fxmind BOOM1000 SCALPER SYSTEM AND AFTER SPIKES THE ROBOT WILL EXECUTE THE ORDER the advantages and features are Fixed Lots and you can decide your own STOPLOSS and TAKEPROFIT  This “Boom Master Scalper” indicator does all the heavy lifting & gives you accurate signals for scalping on the 1-minute, 5-minute frames. To increase its accuracy, the indicator uses an approach that we call “double confirmation”.when to and sell
500 USD
PZ Triangular Arbitrage EA MT5
Arturo Lopez Perez
A triangular arbitrage strategy exploits inefficiencies between three related currency pairs, placing offsetting transactions which cancel each other for a net profit. A deal involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial. During the second trade, the arbitrageur locks in a zero-risk profit from the discrepancy that exists when the market cross exchange rate is not aligned with the implicit cross exchan
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SharkEA MT5
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $349! Next price:        $399 Final price:        $599 This robot goes with   short term trends   that are typical for liquid markets such as Forex. It uses   mean reversion   principle together with   careful filtering   of entries and advanced  «smart»  price tracking algorithm   to maximise win rate while keeping risks at bay. It is intended for   long term use   only. It is more suitable for experienced users. Lots of settings for customization.
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The Mind
Maxim Dmitrievsky
I present to your attention a trading robot that trades seasonal patterns. The idea is to look for well-predictable time intervals (hours), so trades are opened only at the beginning of a specific hour. For example, at the beginning of a European or American session. After that, a machine learning model is created and tested on the new data. If testing on new data shows the same good results as on training data, such a model is used as a separate module built into the robot. Based on this, many
350 USD
Grid King MT5
Wim Schrynemakers
Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity.  Where almost all grid systems will blow your account when things get bad, Grid King will only take a small loss an
399 USD
FX Folio
Sergej Maehler
FX Folio Expert Advisor is a fully automated trading system that includes a portfolio of different currency pairs, thus providing higher performance and diversified risk than trading a single currency. FX folio is ideal for long-term operation on a virtual server and does not require any modification by the user. Each currency pair only opens one position at a time secured by a moderate stop loss of a maximum of 20 pips, risky strategies are not used. 📈 Live Monitoring:  https://www.mql5.com/e
999 USD
PriceActionBot5
Sergej Sergienko
The Expert Advisor's work is based on the use of Candle Patterns and Levels. Indicators are not used in operation. The EA uses Take Profit and Stop Loss. Averaging and Martingale are not used. PriceActionBot is optimized to work with the EURUSD pair. You also have the options to optimize the program. The advisor has been showing stable performance for over 20 years. There is monitoring of this advisor. The Expert Advisor works on hedge accounts. Working Timeframe 15 minutes. But the EA
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