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Fx4lights

The Expert Advisor consists of four popular indicators:

  • MovingAverage
  • Stochastic
  • MACD
  • ZigZag

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


Basic settings of the Expert Advisor

  • Magic - order magic number
  • Volume - volume for opened trades
  • Slippage - price slippage when opening orders.
  • StopLoss - close orders after reaching a certain loss in points,
  • TakeProfit - desired profit in points.
  • TrailingStop - move StopLoss to order's opening price when a positive profit specified in points is reached (if TrailingStop=0, parameter is disabled)
  • StepTrall - trailing step for TrailingStop once StopLoss is moved to the order's opening price (if StepTrall=0, parameter is disabled)
  • Losing volume, increased by two - double the order's volume (if set to "off", "Losing volume, increased by two" is disabled).
  • Maximum volume - maximum allowed volume when the lot increase is enabled (Losing volume, increased by two).


Additional settings of the EA

  • To access the signal - open an order by the indicator's signal.
  • Close by opposite signal – close an open opposite at an opposite signal of the indicator.
  • The choice of day of the week – select the day of the week when trading is enabled. If there are open deals, trading will continue until they are closed.
  • Open a new bar – open orders on a new bar after an indicator signal is received.
  • Timeframe of a newbar – period to wait for a new bar to open.
  • Not to repeat if the order was closed with profit – do not open a trade if the indicator signal persists and the last order closed with a positive profit.
  • Not to repeat if the order is closed with stoploss - do not open a trade is the indicator signal persists and the last order closed with a negative profit.
  • Shift Bar - shift relative to the current bar by the specified number of periods back.

Additional settings for MovinAverage - the indicator has all the basic features plus:

  • Distance - when this parameter is set, an order is opened when the MovingAverage moves from the price to a specified Distance in points, in case it is a BUY signal, and when the MovingAverage moves from the price to a specified Distance in points, in case it is a SELL signal (0 - disabled). See figure 1.3.

Additional settings for Stochastic - the indicator has all the basic features plus:

  • 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);

Additional settings for Stochastic - the indicator has all the basic features plus:

  • Name if different from standard - enter the indicator name if it differs from the standard name.
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Version 1.5 2020.12.17
code optimization
Version 1.4 2020.12.07
Optimized the "day of the week selection" function"
Version 1.3 2020.10.17
Indicators are built into the expert Advisor
Version 1.2 2020.10.16
Added an information panel
Version 1.1 2017.08.02
Maximum volume - maximum allowed volume when the lot increase is enabled (Losing volume, increased by two).
The choice of day of the week – select the day of the week when trading is enabled. If there are open deals, trading will continue until they are closed.
Open a new bar – open orders on a new bar after an indicator signal is received.
Timeframe of a newbar – period to wait for a new bar to open.
Not to repeat if the order was closed with profit – do not open a trade if the indicator signal persists and the last order closed with a positive profit.
Not to repeat if the order is closed with stoploss - do not open a trade is the indicator signal persists and the last order closed with a negative profit.
Additional settings for Stochastic - the indicator has all the basic features plus:

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);