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IPusdchf5

The Expert Advisor is recommended for USDCHF M15. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced features for managing news releases.


Parameters

  • StopAfterNews - pause after the market news release, in minutes;
  • StopBeforeNews - pause before the market news release, in minutes;
  • LightNewsEnabke - enable the pause for low-impact news;
  • MediumNewsEnable - enable the pause for medium-impact news;
  • HardNewsEnable - enable the pause for high-impact news;
  • GMT_Offset - your broker's time zone;
  • NewsCurrency - comma separated list of currencies, for which you want to receive news;
  • NewsLines - show time of news releases on a chart as lines;
  • VirtualSLandTP - enable virtual or real stop loss and take profit levels;
  • TakeProfitS - take profit for sell orders;
  • StopLossS - stop loss for sell orders;
  • TakeProfitL - take profit for buy orders;
  • StopLossL - stop loss for buy orders;
  • FixedLot - fixed lot size;
  • AutoMM - risk limit (as a percentage);
  • MaxSpread - maximum spread, above which the trading is suspended;
  • MagicNumber - any unique number that distinguishes the EA.


Recommended products
Use this expert advisor whose strategy is essentially based on the Relative Strength Index (RSI) indicator as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL Bollinger Bands   Trading is not a magic solution, so before using this expert on a live account, carr
FREE
SnapBack Scalper
Marcus Vinicius
The SnapBack Scalper is an advanced Expert Advisor that identifies zones where the asset is overbought or oversold based on the RSI technical indicator. It uses the ADX to filter signals generated through the crossing of the +DI and -DI lines, opening buy or sell positions only when the ADX Main Line is above 25, indicating a strong market trend. The SnapBack Scalper incorporates an intelligent Trailing Stop system, where the trailing stop value is determined by the Parabolic SAR, relieving the
FREE
Long Waiting
Aleksandr Davydov
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. Reco
FREE
Fibo Trader FREE MT5
Grzegorz Korycki
3 (3)
Fibo Trader is an expert advisor that allows you to create automated presets for oscillation patterns in reference to Fibonacci retracements values using fully automated and dynamically created grid. The process is achieved by first optimizing the EA, then running it on automated mode. EA allows you to switch between automatic and manual mode. When in manual mode the user will use a graphical panel that allows to manage the current trading conditions, or to take control in any moment to trade ma
FREE
Babel Assistant
Iurii Bazhanov
4.43 (7)
Babel assistant 1     The MT5 netting “Babel_assistant_1” robot uses the ZigZag indicator to generate Fibonacci levels on M1, M5, M15, H1, H4, D1, W1  periods of the charts , calculates the strength of trends for buying and selling. It opens a position with "Lot for open a position" if the specified trend level 4.925 is exceeded. Then Babel places pending orders at the some Fibonacci levels and places specified Stop Loss , Take Profit. The screen displays current results of work on the positio
FREE
Reversal Composite Candles
MetaQuotes Ltd.
3.57 (14)
The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can
FREE
CommunityPower MT5
Andrey Khatimlianskii
4.73 (88)
CommunityPower EA   — is the Expert Advisor for MetaTrader 4/5, created by community and for community. It is free, versatile and very powerful, and allows to trade a wide range of strategies. The idea is simple Your suggestions + my code = a win-win for everyone! Is it a ready-to-use money-making machine? No, it is definitely not. It is a tool, which allows you to create and run your own trading strategy, and it is up to you to find profitable settings and take the responsibility for your tr
FREE
Triangular EA Free vMT5
Kyra Nickaline Watson-gordon
2 (1)
Note : Free version can be used for trading on Demo Accounts. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different cu
FREE
Range Auto TP SL
Dilwyn Tng
4.52 (25)
Range Auto TP SL  is for you, 100% free for now, download it and give me a good review and you are free to use it for lifetime !!!! Range Auto TP SL is a EA to set Stop Loss and Take Profit level based on range using Average True Range (ATR). It works on both manually opened positions via PC MT5 Teriminals or MT5 Mobiles and EA/robots opened position. You can specify magic number for it to work on or it can work on all the positions. Many EA does not good Stop Loss and Take Profit function an
FREE
A neural network Expert Advisor based on two moving averages with the training mode. Train the Expert Advisor on selected examples and make a profit in real life. The EA can work on any instrument and in any timeframe. Trading Algorithm of the EA Two moving averages are analyzed by the neural network core, which produces commands to buy or sell. the values of two moving averages, fast (FMA) and slow (SMA), are provided to the first layer, at the second layer it calculates two neurons responsib
FREE
Envelopev1
Paul Conrad Carlson
1 hour EurUsd Strategy - tested over 16yrs Trading Logic:   Entry Condition : The EA opens a long position when the   Momentum Indicator   crosses the Level line downward. Momentum : A popular indicator that measures the speed or strength of price movements. When the momentum crosses the level line downward, it typically indicates a slowing of upward price movements and could suggest an impending change in market direction, signaling an opportunity to enter a long position before the price sta
FREE
News Scalper EA is an Expert Advisor for trading EURUSD - GBPUSD - XAUUSD pairs, positioning your positions during the news. Developed by an experienced trader with over 17 years of trading experience. Promotional price of only $100.00! The price increases after every update! News Scalper EA uses a news calendar from MQL5 and trades according to them. With sophisticated strategy and risk management, the EA protects your positions from larger losses! News Scalper EA lets you close the SL after th
FREE
Divergence RSI Trader is based on divergences in the chart and indicator (RSI Level 14). Divergence RSI Trader's strategy to find lows and highs on the chart and RSI indicator, analyze them and then open positions. EA was tested in the EURUSD H1 in the strategy tester and adjusted to this currency by default. EA has also been tested with other settings at GBPUSD M5 for 10 years and completed with good results. Because this is a free version, there will be no more tests and only updates. Please
FREE
Please if possible consider the  paid version  which I will continue to develop (there will be no future updates for this free version). This Expert Advisor identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI, bollinger, stochastics, moving average and ADX filter options which makes it possible to filter out only the strongest setups. The default settings ar
FREE
Expert Alligator
MetaQuotes Ltd.
3.17 (6)
The strategy is based on the Alligator technical indicator, described by Bill Williams in "Trading Chaos". The system is based on three moving averages (Lips, Teeth and Jaw lines), and oscillators, calculated using the difference between them. The trading signals are generated after crossover of the Alligator lines, depending on trend, determined by order of these lines. In the case of upward trend the Lips line (with minimal period) is the highest, the next is the Teeth line, and the lowest i
FREE
Ingenious Me
Bin Jumahat Johan
This EA uses the MACD Crossover Strategy. Entries opened when the signal and MACD line cross each other. The Buy position entered only when the cross is below the zero line while the Sell position entered above the zero line. The Moving Average Convergence/Divergence (MACD) is an oscillator that combines two exponential moving averages (EMA)—the 26-period and the 12-period—to indicate the momentum of a bullish or bearish trend. MACD can be used to signal opportunities to enter and exit positions
FREE
SpikeBoom
Kabelo Frans Mampa
A classic buy low & sell high strategy. This Bot is specifically Designed to take advantage of the price movements of US30/Dow Jones on the 1 Hour Chart, as these Indices move based on supply and demand. The interaction between supply and demand in the US30 determines the price of the index. When demand for US30 is high, the price of the US30 will increase. Conversely, when the supply of shares is high and demand is low, the price of t US30  will decrease. Supply and demand analysis is used to i
FREE
Pillartrade
QuanticX
3 (1)
Announcement: All EAs (Expert Advisors) from QuanticX are currently available for free, but only for a limited time! To enjoy a Lifetime QuanticX support and continue receiving free EAs, we kindly request you to leave a review and track the performance of our EAs on Myfxbook. Additionally, don't hesitate to reach out to us for exclusive bonuses on EAs and personalized support. Pillartrade by QuanticX Welcome to Pillartrade - Your Long-Only Trading Ally for US500 Join the forefront of financi
FREE
TrendFollowMT is a fully automated trading system which is using large time frame to determine the trend and use small time frame to find the entry point. Once the trend changed to opposite side, the system will wait for another entry point to recover with bigger lot size. Moreover, the target profit will be moved up when more position had been opened. The aim is to cover the cost of waiting time and risk. Free version will only trade on buy signal and locked the initial Lot size (0.01). Paid
FREE
Classic v1
Sergio Tiscar Ortega
Introducing our advanced Expert Advisor (EA) meticulously crafted to navigate the forex market using two prominent technical indicators: Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI). MACD is a versatile trend-following momentum indicator that highlights changes in strength, direction, momentum, and duration of a trend. Meanwhile, RSI is a popular oscillator that gauges the speed and change of price movements, identifying potential overbought or oversold conditio
FREE
Insidious Me
Bin Jumahat Johan
4 (1)
This EA uses the RVI Crossovers. A crossover above the signal line is a bullish indicator, while a crossover below the signal line is a bearish indicator. The Relative Vigor Index (RVI) is a momentum indicator used in technical analysis. It measures the strength of a trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average (SMA). The Relative Vigor Index is considered a leading indicator, meaning it changes before the trend
FREE
RSIBand Pro EA MT5
Miss Supatcha Pigulkaw
5 (3)
RSIBand Pro EA   is a hybrid strategy that has been tested and optimized using 100% History Quality from 2012 to 2023. Its main signal is based on Bollinger Bands, with RSI as a confirming signal to identify trends. Supported currency pairs:  AUDCAD Recommended timeframe:  M15 MT4 Version:  Click Here Backtest Modelling quality: 100% History Quality Spread: Variable Time Period: 2012 – 2023.10 Symbol: AUDCAD Timeframe: M15 Dynamic lot: Dynamically sets the lot size based on the current b
FREE
The XU_H4_910440109_S_PS_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on XAUUSD (Gold) using the H4 timeframe from April 1, 2004, to April 24, 2024.  There is no need to set up parameters, all settings are already optimized and fine-tuned. Recommended broker  RoboForex  because of EET timezone. You can find the strategy source code for StrategyQuant at the link:   http://quantmonitor.net/listing/gold-bulls-power-trader/ Key details are: Parameters MagicNumber: 91044
FREE
Range Breakout EA PRO
Kabelo Frans Mampa
Test Before Use... In the forex market, a range refers to a period of time during which the price of a currency pair remains relatively stable, fluctuating within a narrow band. This can be contrasted with a trend, which refers to a sustained movement in the price of a currency pair in a particular direction. During a range, the price of the currency pair may move up and down within a defined range, but it is not trending strongly in any particular direction. This can be a good time for the rang
FREE
HFT Scalp
Daophet Seng Athit
3 (2)
This Free Version I separate from Paid version to whom is newbies here and don't have much money to buy good EA. This EA working on AUDCAD with very small Balance and no martingale , No grid its just hedge positions opposite side to cover loss side until trailing Profits and loss together, last I am not make sure this ea work on your broker too so test demo before running on live account. My recommendation for first use : Pair : AUDCAD Time Frames : M15 Balance : 100$ or Above  Use Force Trend M
FREE
The Waiter mt5 FREE
Massimiliano Pirola
3.5 (2)
What is The Waiter ? It is an automated system to always be ready to catch the big movements of the market How does it work? Set the mode (stop or limit) Set the pending orders distance Set Take Profit / Stop Loss Wait for the big candle settings: entry : 0.OFF  (the expert advisor won't operate. only for chart info purposes.) 1.New candle, new STOP orders  (each new candle two stop orders are placed. If they are not activated by the end of the candle, they will be cancelled) 2.New candle
FREE
This is the automatic realization of multi single and open position EA, welcome to use. It has passed many historical data tests before it was put on the shelves. The following is EA's principle of multiple orders and closing positions: 1. Through the golden fork generated by the two moving averages, multiple orders can be automatically bought. The cycles of the two moving averages can be set by themselves. The default value of the small cycle moving average is 5, and the default value of the l
FREE
HydraAlchemist
Haruki Teranaka
Introducing HydraAlchemist, an innovative automated trading tool. This cutting-edge Expert Advisor (EA) skillfully combines multiple technical indicators to pinpoint promising trading opportunities in financial markets. We aim to maximize profits by scrutinizing signals obtained from indicators such as MACD, stochastic, and RSI using our own logic and accurately grasping market trends and turning points. The real strength of 'HydraAlchemist' is that it is based on real trading strategies. While
FREE
Welcome! This is the RSI GridMaster Mini, the freely available compact version of the popular RSI GridMaster. This robot operates based on the RSI indicator with a grid strategy, allowing for continuous trading in response to market movements. The Mini version comes with a fixed lot size of 0.01 and trades exclusively on the hourly time frame. In this version, the number of settings has been minimized to simplify and streamline the trading process. You can find the full version by clicking here
FREE
CAP Ichimoku EA MT5
MEETALGO LLC
4.08 (13)
CAP Ichimoku EA MT5  trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku 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  |  Submit Your Problem  |  All Products  ] Functions Easy to use and customizable Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los
FREE
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4 (4)
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Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial n
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This EA is recommended for trading BTC/USD timeframes M15 or M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators, included into EA, also used market news pausing. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It also has advanced features for managing news releases. Parameters StopAfterNews - a
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Borys Ivanov
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Borys Ivanov 2022.11.30 19:00 
 

Эксперт инициализируеться и не выдает ошибки , но торговли не ведет, ордера не открывает. индикатор при везуальном режиме у эксперта не рабортает . но если тестировать только индикатор то все рисует. если надо протестировать пишите

[Deleted] 2019.01.14 06:48 
 

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Version 1.3 2020.01.26
Increased frequency of trading.
Version 1.2 2019.08.24
Increased frequency of trading.
Version 1.1 2018.11.09
Updated scalping-mode.