FxAdvisor

The Expert Advisor consists of three popular indicators:

  • MovingAverage;
  • Stochastic;
  • MACD.

It is possible to use all three indicators both together, and individually, selecting the necessary combination.


Basic settings of the Expert Advisor

  • Magic - magic number of orders;
  • Volume - trade volume;
  • Slippage - slippage when opening orders;
  • Stop Loss - close order at a certain loss in points;
  • Take Profit - desired profit in points;
  • Trailing Stop - move StopLoss to order's opening price when a positive profit specified in points is reached;
  • Step Trailing- step for Trailing Stop to follow the price once Stop Loss is moved to the order's opening price;
  • Martingale - double the order's volume (if off Martingale - disabled).

Setting unit MovinAverage - the indicator has all the basic features plus:

  • MovingAverage - on/off (disable the indicator, i.e. the MovinAverage indicator will not be taken into account when analyzing other indicators for opening positions);
  • Shift - (shift relative to the current bar by the specified number of periods back).

A signal to sell in the MovinAverage indicator is the Bid price crossing the indicator line from top to bottom, a buy signal is the Ask price crossing the indicator line upwards.

Distance - when this parameter is set, an order is opened when the MovingAverage moves from the price to a specified distance. (If Distance=0, this parameter is disabled).

Setting unit Stochastic - the indicator has all the basic features plus:

  • Stochastic - on/off (disable the indicator, i.e. the Stochastic indicator will not be taken into account when analyzing other indicators for opening positions);
  • Shift - (shift relative to the current bar by the specified number of periods back);
  • Sale level if K and D period above this level - use the indicator levels. This level opens a sell trade if Kperiod and Dperiod are above the selected level, and Dperiod crosses Kperiod downwards (if set to off, this level is disabled);
  • Purchase level if K and D period below this level - this level opens a buy trade if Kperiod and Dperiod are below the selected level, and Dperiod crosses Kperiod upwards (if set to off, this level is disabled);
  • Sale level if K and D period above this level and Purchase level if K and D period below this level can have the following values: 5, 10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60, 65, 70, 75, 80, 85, 90, 95.

Setting unit MACD - the indicator has all the basic features plus:

  • on/off (disable the indicator, i.e. the MACD indicator will not be taken into account when analyzing other indicators for opening positions);


Additional settings of the Expert Advisor

  • The choice of day of the week – select days of the week when trade is allowed, if not allowed and there are open trades, trade will continue until they are completed.
  • Maximum volume - maximum allowed volume if the volume increase is enabled (Losing volume, increased by two).
  • Open a new bar – opening an order on a new bar after receiving a signal of the indicator. Timeframe of a new bar – the period, on which we should wait for the opening of a new bar.
  • Not to repeat if the order was closed with profit – do not open a trade if the signal from the indicator is active and the last order was closed with positive profit.
  • Not to repeat if the order is closed with stoploss - do not open a trade if the signal from the indicator is active and the last order is closed with negative result.
  • Close by opposite signal – close open orders in case of an opposite signal of the indicator.

As you can see from the above settings, the EA has been implemented in such a way that it is possible to select the values and parameters that are most convenient for the user.

The EA is suitable both for novice traders, who are trading strategy, and for professionals.

The algorithm of the EA: whenever a buy or sell signal is received from one or several indicators, the EA opens a trade (sell or buy). Positions are closed only by Stop Loss or Take Profit. If an open trade is present, another one will not be opened until the current one is closed.

In case Martingale is enabled (on), if a position is closed at a loss, the next position will be opened with a doubled volume (Volume of the previous trade, multiplied by 2. Example: an unprofitable trade closed at a loss with Volume = 0.02, the next trade will be opened with Volume = 0.04. A buy or sell order will be opened depending on the signal received from one or several indicators).

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5 (1)
Experts
ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
PolyGold Scalper MT4
Connor Michael Woodson
Experts
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
Cross Sided Scalp MT4
Connor Michael Woodson
Experts
Cross Sided Scalp is an intra-day trend following system that attempts to take advantage of high accuracy entries aided by the built-in correlation matrix. Live Signal is available! Current price will be increased. Limited time price 75 USD. No grid, no martingale. Every trade is entered by itself Fixed stoploss available, with virtual dynamic trailing stop system Customizable matrix panel and precise lot size settings Recommended Chart: EURUSD, GBPUSD Timeframe: H1 Inputs Currency Correlation
Boring Pips MT4
Thi Thu Ha Hoang
4.6 (15)
Experts
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
EA Gold Stuff
Vasiliy Strukov
4.7 (1092)
Experts
EA Gold Stuff is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. Real-time results can be viewed  here . Contact me immediately after the purchase to get personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual   here  Please note that I do not sell my
Akatsuki
Akihiro Tanaka
5 (1)
Experts
overview "Akatsuki" is a XAUUSD scalping system (MT4) that takes an average of 3 hours per trade and focuses on recovery. Around 0:00 (GMT+2) server time, the spreads for FX currency pairs widen. On the other hand, the impact of this widening is less for XAUUSD. Taking advantage of this background, we will engage in contrarian trades targeting the thin ranges of market participants. To improve reproducibility, the logic has been simplified and over-optimization has been reduced. XAUUSD can expe
Bitcoin Scalp Pro
Profalgo Limited
5 (4)
Experts
NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: From 349$ or higher --> Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates i
Mirror EA mt4
Vasiliy Strukov
5 (2)
Experts
Mirror EA is an automated trading system developed to execute trades based on the SmaSRS196 indicator which is a combination of the Simple Moving Average (SMA) and the Relative Strength Index (RSI), utilizing a 96-period optimization framework.  The EA continuously analyzes market conditions to identify high-probability trading opportunities by confirming trend direction with the SMA while using RSI to detect momentum strength and potential overbought or oversold conditions.  The EA will sell u
Scalping Index Pro MT4
MQL TOOLS SL
Experts
Scalping Index Pro is a   professional trading system   designed specifically for fast and precise scalping on   US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability   trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic tra
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Archi is built on indicators, in the future their number will increase. It is possible to use "Trailing Stop" with "Trailing Position" and "Step Trailing". It is possible to increase the volume of a subsequent transaction, with a loss-making current one, both by multiplication and addition. After reaching the preponderance of positive transactions over unprofitable ones, the volume returns to the original one.  Archi BasicSettings: Magic number is the unique number of all open trades. Attenti
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