• Overview
  • Reviews (1)
  • Comments (7)
  • What's new

RMI Scalper EA MT4

1

The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Risk Money Management
  • Works on any account size
  • Always a stop loss in place
  • Hedge accounts only
  • This system has the option to be NFA/FIFO compliant
  • No Grids
  • No Martingale
  • Works on any VPS

Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of fixed lots per trade if money management is off. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trades, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • NFA_FIFOCompliant - Turn this on if you need this to be NFA and FIFO compliant, true/false.
  • MultiPairSingleTrade - Turn this on to trade multiple pairs (Multiple chart windows with this EA attached) but limit to only having trades open on one pair at a time, increases trade frequency without increasing draw down, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • Trend1TimeFrame - Timeframe drop-down selection for the first trend detection.
  • Trend2TimeFrame - Timeframe drop-down selection for the second trend detection.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 0 to 200 depending on the pair being traded.
  • StopLoss - The fixed stop loss visible to the broker - Values 25 to 4000 depending on the pair being traded, should be high when averaging is enabled.
  • Averaging - If turned on averaging is used to recover negative trades, true/false.
  • AveragingStep - The negative move in pips against the current trade to trigger the next averaging trade. Values 5 to 100.
  • AveragingBars - The number of bars from previous trade before AveragingStep gets ignored. Values 1 to 1000.
  • AveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.
  • AveragingCount - The maximum open trades before the trade group is considered a loss and closed. Values 1 to 20.
  • BreakEven - If turned on a break even is performed, true/false.
  • BreakEvenStartPips - The number of pips before break even is performed. Values 1 to 100.
  • BreakEvenPips - The number of pips infront of position open to place the stop loss. Values 0 to 100.
  • TrailingBars - A trailing stop is performed based on this number of previous bars (Setting to 0 disables). Values 0 to 10.
  • TrailingBarsTimeFrame - Timeframe drop-down selection for trailing stop bars.
  • MinTrailingStopLoss - The minimum stop loss distance when trailing stops are enabled. Values 0 to 100.
  • RMIPeriod - The RMI period. Values 2 to 50.
  • MomPeriod - The momentum period used to calculate RMI. Values 2 to 50.
  • RMIThreshold - The RMI threshold, the smaller the value the less trades will be triggered. Values 5 to 45.
Recommended products
Simple RSI Forex Trading Strategy
Victor Manuel Valderrama Zamora
3.33 (3)
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when RSI indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4. This Expert Advisor can be profitable in any TimeFrame a
FREE
PZ Goldfinch Scalper EA
PZ TRADING SLU
2.66 (47)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
CCI and ATR Trader
Evgeniia Terekhova
5 (2)
Советник работает на двух индикаторах CCI и ADX. Условия для входа в BUY: 1. ADX пересекает уровень 20 2. CCI пересекает уровень 100 снизу вверх 3. Выставляем фиксированный StopLoss и TakeProfit 4. Закрываем позицию по рыночной цене, когда CCI пересекает уровень 100 сверху вниз. Условия для входа в SELL: 1. ADX пересекает уровень 20 2. CCI пересекает уровень -100 сверху вниз 3. Выставляем фиксированный StopLoss и TakeProfit 4. Закрываем позицию по рыночной цене, когда CCI пересекает уровень -1
FREE
Macd Martin
Roman Yablonskiy
2.5 (2)
Double Breakout   is an automatic expert advisor with two separate strateges that uses martingale. The MACD indicator with adjustable parameters is used as inputs for each flow of orders. The specified takeprofit and stoploss levels are used to exit the position.  General recommendation The minimum recommended deposit is 1000 cents. Spread is recommended not more than 3 points. It is better to use trend currency pairs. The martingale parameter can be set from 0.1 to any value. When martingale
FREE
MACD Trader FREE
Konstantin Nikitin
3.25 (4)
This is an automated Expert Advisor that trades using the MACD and Envelopes indicators. The free version has the following limitations. No panel for opening orders. The trading is limited to the EURUSD currency pair and similar. Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders. Pause after closing of all orders is 6000 minutes. During the analysis, no more than 50 orders are added to the database and 15 bars are c
FREE
Commodity Channel Indicator Forex Trading Strategy
Victor Manuel Valderrama Zamora
4.67 (3)
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades after CCI indicator exit the oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is GBPUSD and the recommended timeframe to operate and to do backtests is D1. This Expert Advisor can be profitable in any TimeFrame
FREE
PZ Heiken Ashi EA
PZ TRADING SLU
4.42 (12)
This EA trades using the Heiken Ashi Smoothed Indicator. It offers many trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise It implements three different entry strategies Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols T
FREE
CapitalRiskPerTrade
Mr Nisit Noijeam
5 (1)
Expert Advisor (EA),  MA Following  commonly known as a trading bot. It implements a grid trading strategy with the following characteristics: Moving Average and Standard Deviation : The EA uses a Moving Average (MA) as the core of its trading strategy, combined with Standard Deviation (SD) for trade entry and exit decisions. There are four types of MAs available: Simple, Exponential, Smoothed, and Linear Weighted. Users can select the MA type and set its period, as well as the period and fact
FREE
Royal GER30
Hossein Davarynejad
5 (4)
Royal Ger30  This Expert Working On High Time Farm H1 , H4  the Expert can Analyze The Daily and weekly Trend of the Market and  Open Trade on H1 or H4  Trade have Not SL but have Recovery Lot size  Minim Deposit  1k  Fix Lot 0.01 For EightCap Broker because you can Trade with 0.01 on Stocks    Best Time = H1 Make sure to  Add Set File  Symbol GER30,GER Cash , DE40, DE30  on Eightcap  Broker  No need Set File  this Expert Have Auto Set File 
FREE
Long Waiting MT4
Aleksandr Davydov
5 (2)
Expert description Algorithm optimized for Nasdaq trading The Expert Advisor is based on the constant maintenance of long positions with daily profit taking, if there is any, and temporary interruption of work during the implementation of prolonged corrections The Expert Advisor's trading principle is based on the historical volatility of the traded asset. The values of the Correction Size (InpMaxMinusForMarginCallShort) and Maximum Fall (InpMaxMinusForMarginCallLong) are set manually. Recom
FREE
Proftrader Free
Alexander Nikolaev
3.25 (4)
This Expert Advisor analyzes the last candles and determines whether there will be a reversal or a large correction. Also, the readings of some indicators are analyzed (their parameters can be adjusted). Is a free version of Proftrader . Unlike the full version, in the free version of the adviser the initial lot cannot be higher than 0.1, trading pair only EURUSD and also it has fewer configurable parameters. Input parameters Lots - lot size (at 0, the lot will be calculated from the percentage
FREE
PZ MA Crossover EA
PZ TRADING SLU
3.96 (25)
This EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings, plus many useful features like customizable trading sessions and a martingale and inverse martingale mode.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully customizable moving average settings It implements two different trading behaviors Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN b
FREE
LT Gzeta EA MT4
Eko Baskoro
5 (2)
LT Gzeta EA MT4 is an expert advisor that works based on simple support resistance, chart pattern and ATR calculations. This EA is a free version of Zeta EA MT4 because the main strategy is same. Using this EA, pair AUDUSD in time frame H4 is the best performance. If you want to get much better result, high recommended to use Zeta EA MT4, because it has better function and better performance. Zeta EA MT4 has good performance at all pairs, period H1 since 2017, january until 2023, december ht
FREE
Bollinger Scalper EA
Robots4Forex Ltd
4.14 (7)
The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I
FREE
Trend Analizer Bot
Pavel Predein
3.75 (4)
Automatic trading Advisor .This is a free version of the expert Advisor "Trend Analyzer Pro" https://www.mql5.com/ru/market/product/42792.В the robot is based on 2 strategies: at the intersection of moving averages and Bollinger bands indicator .In the paid version, three strategies are available, which increases profitability several times .Designed for the EURUSD H1 currency pair.It is possible to use it on other tools after optimization.Test only on tick data. ** Does not use such dangerou
FREE
AvangardD
Aleksandr Chernov
4.67 (3)
A trading robot based on the TMA indicator. The recommended timeframe is 1 hour. This is a free version of the robot, limited to changing the lot size and disabling the drawdown exit system. The full version is here: https://www.mql5.com/ru/market/product/62658 Robot Settings: Profit: The profit level in the deposit currency of all orders opened in the same direction All Loss: The level of loss in the deposit currency at which all orders are closed Magic: Magic number OpOr: The maximu
FREE
AlphaD
Aleksandr Chernov
5 (5)
The free version of the «AlphaD» Trading Robot Caution! Opens many orders analyzing the logic of price behavior. A unique opportunity to get the full version of the «AlphaR» robot without activation restrictions and with the ability to change parameters What needs to be done:     Download "AlphaD" and test it on the history for several years.     Write a couple of lines in the Discussion and attach a screenshot with the test results. > link     Write an HONEST review. > link     Write to
FREE
In Depth Stochastic AutoTrader
Kenneth Berry Cunningham
As a Thanks to the Trading Community ZenKen Trading will be releasing all Classic Indicators as EAs. The Second to be created is In-Depth Stochastic Auto Trader. The user can choose to trade classic over bought and over sold levels or they select a variety of Trade Signals. The user can also decide if they want the over bought and oversold levels to close trades for them. User has several safety features to select from to help protect from high spreads, bad trade hours, and losses. I w
FREE
Harvest FX
Sayan Vandenhout
5 (3)
Harvest FX USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 3 great strategies The EA can be run on even a $30
FREE
PZ Bollinger Bands EA
PZ TRADING SLU
4.57 (7)
This EA trades using the Bollinger Bands indicator. It offers many trading behaviors and flexible position management settings, plus many useful features like customizable trading sessions and a martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully customizable indicator settings Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA/FIFO Compliant
FREE
Zeta EA
Simone Gargano
2.5 (2)
Can be used on EVERY instrument. Based on the "Zone Recovery" strategy. Suggested TimeFrame: H1 and H4. How it works Zone Recovery is an advanced hedging system. When the market goes against the first trade (based on Bollinger bands) the EA will open an opposite trade with slightly bigger lot size. If the market keeps moving in this new direction, at some point the profit from the profit trade will overtake the loss trade and will close both the trades otherwise will do the opposite.  This b
FREE
EA meatvers
Hossein Davarynejad
4.76 (17)
Metavers V2      Scalper Base on Many indicator   No Grid   No Martingale  one  just open Trade per Day  This Expert is not working on all Broker you need low Spread broker with Low Slippage                                                              Broker is Tickmill   or  TMGM                                                                                                                                             Symbol USD CHF ,EURAUD,EURCAD,USDAUD,USDCAD,EURGBP.AUDCAD,AUDNZD,NZDCAD
FREE
Free Spike Finder MT4
Pier Gaetano Novara
3 (3)
Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Parameters spikeFilt
FREE
Forex Bulls GBPUSD test
Hossein Davarynejad
5 (2)
//// Forex Bulls GBPUSD  Test //// No Martingale ,No HFT ,NO Grid  one Shoot Trader ( Make sure  Active Indicator)  This Expert Working 5 day a week 12 month of years     Live Signal =  https://www.mql5.com/en/signals/2132315  unique strategy where it continuously splits a single trade into seven smaller trades. This means that each time the EA executes a trade, it automatically divides it into seven smaller positions. Forex Bulls GBP USD  stands out from other expert advisors due to its remar
FREE
MyThree Little Birds
Ahmad Aan Isnain Shofwan
Only for those who know the HFT. MyThree Little Birds is FREE Version of  Three Little Birds EA  https://www.mql5.com/en/market/product/103535 This EA is very good for those who are concerned about  REBATE generators . MyThree Little Birds EA is HFT EA based on Hedging and Grid Strategy proceeds  an advanced algorithm. MyThree  Little Birds  EA   is an advanced Scalp trading system that uses smart algorithms to make the quickest entry into market. It uses fixed/dynamic take-profit based on t
FREE
Vik Standart
Ivan Kopchuk
3.86 (7)
Features: 1. Your constructor strategies. 2. Large selection of standard indicators. 3. Exact market entry according to your strategy. 4. Slip filter. 5. Support for four and five characters. 6. Trend trading. 7. Trading in flat. 8. Minimum deposit. 9. Aggressive or quiet trade. 10. Limit the lot. 11. Position tracking. 12. Restoring balance after loss. Input parameters    Lot - fixed lot size.    StopLot - lot restriction.    UseVxod - enable / disable login pattern.
FREE
EA With Recovery
Che Jeib Che Said
4 (1)
The Expert Advisor was developed to grow user account balance persistently. To achieve this, it has two modes, normal and recovery mode. The parameters for the two modes can be changed to suit user strategy. There are also auto trade button, buy button and sell button. Auto trade button can be turned ON and OFF. Buy and sell buttons is for user to manually intervene a trade. HOW IT WORKS. The Expert will trade automatically according to the input parameters. It trades in Normal mode when there
FREE
Multi Strategy Bear Version 2
Vincenzo Tignola
3.67 (3)
This Expert advisor (100% Automatic) is able to combine two indicators to create a strategy, this version called "Bear version" (BASIC VERSION)contains 2 indicators: CCI and RSI With a simple personal message you can contact me to ask for your EA  "Bear version"(or SUPERIOR Version)with the indicators you have chosen and with your conditions and once agreed I will put it here on the market ,  or follow the link   at the bottom of the page   that will take you to my Telegram contact. If you can't
FREE
SAW1cFree
Victor Shovnikov
1.5 (2)
SAW1c_Free  SAW1c Free is a free scalper for GBPUSD. It differs from the paid version in a limited lot and a fixed Auto_Risk parameter. Working period M15. !!! On 4-digit quotes, the performance was not tested !!! Input parameters: MagicNumber - identifier of orders; Max_Spread - Maximum spread when opening trades; Slippage - Maximum slippage; Stop_Loss - Stop loss size in points.
FREE
Grid HLevel
Sergey Ermolov
4.52 (29)
MT5 version |  Valable ZigZag Indicator   |   FAQ The Grid HLevel Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works  according to the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the indi
FREE
Buyers of this product also purchase
The Gold Reaper MT4
Profalgo Limited
4.78 (18)
PROP FIRM READY! ( download  SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here Live Signal Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conservative to extreme volatil
Quantum Emperor MT4
Bogdan Ion Puscasu
4.9 (125)
Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan, Quantum Trade EA or Quantum Gold Emperor for free !*** Ask in private for more det
HFT Prop Firm EA
Dilwyn Tng
4.98 (580)
HFT Prop Firm EA, also known as Green Man due to its distinctive logo, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. Passing HFT Challenge Performance Monitor (starting at $200): Broker: IC Markets Account Number 66603384 Server: ICmarketsSC-Demo06 Password: Greenman Result 1 :  https://c.mql5.com/31/1055/hft-prop-firm-ea-screen-4333.gif Result 2 :  h
One Gold MT4
Stanislav Tomilov
5 (6)
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and advanced technologies in neural networks, EA is capable of analyzing historical and current dat
HFT Prop EA
Manpreet Singh
4.94 (229)
HFT PROP EA is the High Frequency Trading Expert Advisor (EA/bot) designed to pass proprietary trading firms (prop firms) challenges which use stop orders to enter the trades when market is trending, It is basically designed for US30 just at opening of US30 in New York Session till it remain in its trending nature for 15-30 minutes, and using HFT PROP EA you can pass the challenge within few minutes for prop firms who doesn't have any lot size cap. Benefits You can use the bot for unlimited ti
Gold Excel
Gregory Hay
5 (2)
Welcome to   GoldExcel EA , an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller **V3.0 Update Read Blog :  https://www.mql5.com/en/blogs/post/756411 ***IMPORTANT ANNOUNCEMENT DST TIME CHANGES - USERS PLEASE READ****:   https://www.mql5.com/en/market/product/111410?source=Site#!tab=comments&page=2 ***Next price ri
TopBottomEA
lizhi fu
4.79 (53)
Special Offer Day: $ 598 for one day only, after which it goes back to $1,198. TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase th
Aura Black Edition
Stanislav Tomilov
4.75 (16)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (1)
Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA is a next-generation scalping robot developed by a h
Gold Trade Pro
Profalgo Limited
4.44 (16)
LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strategy. What do I mean with "real trading strategy"?  As you probably
Position Trader EA
LEE SAMSON
5 (2)
Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
Quantum Trade EA
Bogdan Ion Puscasu
4.77 (78)
Introducing   Quantum Trade EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Trade   EA is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum T
Oracle MT4
Stanislav Tomilov
4.8 (5)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
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 to
Aura White Edition
Stanislav Tomilov
4.25 (4)
Aura White Edition   is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of   Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPU
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
AI NeuroX EA MT4
Denis Kurnev
5 (1)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Candle EA MT4
Mansour Babasafary
4.56 (36)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Gold Garden MT4
Chen Jia Qi
5 (2)
Deep learning is reshaping gold trading, with intelligent assistants tending to trading gardens like skilled gardeners. The "Gold Garden" EA employs deep learning intelligent technology and 20 years of data training to significantly enhance strategy performance. With it, trading becomes more effortless and intelligent. Let's join hands to usher in the intelligent era and transform trading into a blissful garden. This will be your exclusive Gold Garden Steward. The MT5 version: Gold Garden MT5
Quantum HFT Prop Firm
Ho Tuan Thang
4.94 (117)
ONLY 3 COPIES OUT OF 10 LEFT AT $99! After that, the price will be raised to $199. HFT  Propfirm Challenge Performance Monitor(Starting from $200) Account Number:  66668979 Server: ICmarketsSC-Demo06 Password: quantumhft1 You will get BONUS  worth $399 after you pass the HFT Prop Firm challenge round Quantum HFT Prop Firm is the EA is designed to pass the competition of HFT Prop Firms.  Please be aware that this Expert Advisor (EA) should not be used with a real account. Its sole pur
Daytrade Pro Algo
Profalgo Limited
5 (5)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
XG Gold Robot MT4
Marzena Maria Szmit
4.6 (20)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Forex GOLD Investor
Lachezar Krastev
4.89 (19)
SHOCK DEAL --> -45% OFF --> VERY LIMITED COPIES AT THIS PRICE !!! + BONUS -> PREMIUM EA! Forex GOLD Investor Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to
GoldPulse AI
Babak Alamdar
Buy not a backtest, but a real trading system:   Live Signal 1       Live Signal 2 This price is temporary for the duration of the promotion and will be raised shortly Final Price: 5000 $ The price increases every Friday Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! This is the first smartest robot that trades gold or XAU with full pairs like XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD, and XAUCNH! I check the news every single day and I take advantage of any opportunity
EA Gold Stuff
Vasiliy Strukov
4.76 (946)
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! Settings  and manual   here   SETTINGS Open new series - on / off beginning of a new series of orders. Start lots - start lot. Trade Buy - allow the adv
TrendMaster FX MT4
Chen Jia Qi
5 (6)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
Big Forex Players MT4
Marzena Maria Szmit
4.6 (20)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databas
Dragon Multi EA MT4
Mansour Babasafary
4.71 (14)
3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term The price will increase by 100$ after every 10 p
One Inch Slap
Inrexea Limited
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
Index Scalping Pro
Julia Lopez
4.33 (3)
Index Scalping Pro is a  indices trading Expert Advisor (EA). What sets us apart from others? This EA utilizes 3 real trading strategies . Unlike many EAs that have filled their systems with flashy yet risky grid systems and heir own martingale systems (often disguised as "neural network/artificial intelligence/machine learning" and manipulated in tests to achieve higher sales), Index Scalping Pro relies on a simple approach. It employs a highly effective strategy based on daily support and res
More from author
Night Scalper EA
Robots4Forex Ltd
4.33 (3)
The Night Scalper EA is a fully automated Expert Advisor that trades at night and exploits price reversion. The EA trades using limit orders with stop loss and take profit. This EA works best on EURUSD, EURGBP, USDCHF & GBPUSD. Version 2 is a complete overhaul of the EA allowing for full customizable night scalping. Defaults are for EURUSD, check the comments for set files for version 2. Limited time special offer, review Night Scalper EA and get an EvoAI 1 year licence! View More Products - htt
Flex Grid EA
Robots4Forex Ltd
5 (2)
The Flex Grid EA is a fully automated Expert Advisor that trades based on RSI. The EA trades using market orders with inivisible take profit and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD, USDJPY, EURUSD, USDCAD & GBPUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limite
FREE
Donchian Scalper EA
Robots4Forex Ltd
4 (9)
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate
FREE
Rapid Reaper EA
Robots4Forex Ltd
4.75 (8)
The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more
FREE
Donchian Scalper EA MT4
Robots4Forex Ltd
5 (2)
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate
FREE
Bollinger Scalper EA
Robots4Forex Ltd
4.14 (7)
The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I
FREE
RMI Scalper EA
Robots4Forex Ltd
4 (2)
The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please no
FREE
Night Lottery EA MT4
Robots4Forex Ltd
4.6 (5)
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://w
Candle Scalper EA
Robots4Forex Ltd
4.5 (2)
The Candle Scalper EA is a fully automated Expert Advisor that trades based on price action. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom E
FREE
Wave Scalper EA
Robots4Forex Ltd
2.2 (5)
The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea
FREE
The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more
FREE
Dollar Yen Trader EA
Robots4Forex Ltd
2.33 (3)
The USDJPY Trader EA is an automated trend following system that is always in the market and trades using sell stop and buy stop orders with trailing stop losses to capture large movements in the market. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management and will work on any pair but works best on USDJPY M15. Vi
FREE
Complex Chaos EA
Robots4Forex Ltd
The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in
FREE
Night Scalper EA Lite
Robots4Forex Ltd
2.33 (3)
The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz
FREE
The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea
FREE
The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I c
FREE
Rapid Reaper EA MT4
Robots4Forex Ltd
3 (2)
The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more
FREE
Aeon
Robots4Forex Ltd
Aeon is a fully automated Expert Advisor that trades multiple currencies. The EA trades using market orders and uses averaging to turn otherwise negative trades positive. This EA works best on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will
FREE
Prospector Scalper EA MT4
Robots4Forex Ltd
1 (1)
The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more
FREE
Night Lottery EA Lite MT4
Robots4Forex Ltd
4.17 (6)
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://www
FREE
Trend Venom EA
Robots4Forex Ltd
The Trend Venom EA is a fully automated Expert Advisor that trades based on Moving Average and RSI signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentr
FREE
Extreme Breakout EA Lite
Robots4Forex Ltd
3.75 (4)
The Extreme Breakout EA Lite is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA Lite trades using pending orders and has the option to enter using market orders if required. Lite version is limited to 0.01 lots without money management. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex
FREE
Complex Chaos EA MT4
Robots4Forex Ltd
1 (1)
The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in
FREE
The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring
FREE
Extreme Breakout EA MT4
Robots4Forex Ltd
4.5 (2)
The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
Custom EA
Robots4Forex Ltd
4.67 (6)
Custom EA is a fully automated trading system designed to be customized to your specification in order to create unique trading strategies. This expertly coded EA is suitable for traders of all levels, from beginners to experienced traders. You can start trading using the built-in preset strategies or create your own using the fully customizable features. Custom EA uses an LSTM neural network with self-training capabilities to ensure the best performance. In addition, there are multiple preset s
The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
Night Lottery EA
Robots4Forex Ltd
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/r
The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More
Custom EA MT5
Robots4Forex Ltd
Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
Filter:
Carl Martel
18
Carl Martel 2023.04.11 01:14 
 

5 days since install, no trades....

Reply to review
Version 1.5 2020.01.06
Added PositionComment option.
Version 1.4 2018.11.26
Added StartLotBasedOnBalance & StartLotBalance options.
Version 1.3 2018.08.14
Minor bug fixes.
Version 1.2 2018.07.06
Fixed bug when restarting MetaTrader.