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FlySystemEA Pro

FREE

Published: 21 September 2018

Current version: 5.5

FlySystemEA Pro

Name: FlySystemEA Pro
Rating: 3.2307692 (13 reviews)
Author: Nikolaos Pantzos

3.23

Experts
Nikolaos Pantzos
Nikolaos Pantzos
Greece

90279
4.3 (201)
44 products 44 codes 5 topics 288 comments
Version: 5.5
Updated: 5 October 2018

This Expert Advisor is a pure scalping system.

The expert place and manage pending orders.

Runs perfect on pairs with tight spread and low commission broker (commission plus spread equal or less than 1.0 pip).

Choose a broker with zero stop level and fast execution to use expert.

Pairs and Time Frame

Pair: eurusd
Time frame: M1
Default settings are good for eurusd.

Information

Please test expert on demo account first, before uses it on real account. Have on your mind, all scalpers are sensitive and depend on brokers spreading and slipping.

Set terminal to show in 'Market Watch' only the pair to expert trade. And set from 'Options>Charts', 'Max bars in history' = 1000, and 'Max bars in chart' = 1000.

Expert parameters

ModifyPending - Switch to modify pending orders.
ModifyMarket - Switch to modify market orders.
PendingOrdersDist - Distance of current price for pending orders.
DelayModifyOrders - Delay to modiyf pending orders.
StepModifyOrders - Step in pips to modify pending orders.
OrdersStopLoss - Stop loss for orders.
UseTakeProfit - Switch to put take profit.
OrdersTakeProfit - Take profit for orders.
ManageRemainOrder - Manage remain order if triggerd one of both penting.
TypeModifyOrders - Modify pending orders on one or both ways.
AutoLotSize - Switch for automatically money management.
RiskFactor - Risk for automatically money management.
ManualLotSize - Manual lot size.
UseTimeFilter - Use or not specific time to trade.
TimeStartTrade - Time start trade.
TimeStopTrade - Time stop trade
AcceptStopLevel - Maximum accepted stop level in pips.
Slippage - Maximum accepted slippage in pips.
OrdersID - Magic number.
MaxSpread - Maximum accepted spread in pips.
TypeOfSpreadUse - Use current or average spread to check maximum spread.
CommissionInPip - Commision of broker on pips (It is not necessary to introduce it).
CommissionInCur - Commision of broker on currency (It is not necessary to introduce it).
GetCommissionAuto - Getting automaticaly commission.
CountAvgSpread - Count and show average spread of pair.
CountAvgExecution - Count and show average execution of operations.
CountAvgSlippage - Count and show average slipage of orders.
TimesForAverage - Times to use for calculate averages values
DeleteObjects - Delete objects from chart (to keep the price flow fast).
DeleteMinutes - Every time to delete objects.
ExpertComments - Comment for ordes.
BackTesttingInfo - Information in log file for backtesting's results.

more...

3164

IATradingScalping 2023.12.11 23:48 #

EXCELENTE EA de lo mejor ,FELICITACIONES

385

Prathamesh Prakash Gawde 2021.12.03 14:57 #

excellent but it does not cover commissions!

2652

Dr Waleed Mahdy 2020.10.20 17:04 #

there is good .......

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BUILD YOUR GRID The expert is a system to help any trader to make a grid of orders (without martingale, lite martingale, or full martingale) easy and simple. Please make your test to find your settings. Default settings are just to take an idea of how the expert works. The expert can make according or contrary grid of orders. You can set the expert to work in hedge mode if the losses are huge. The system uses a high-risk strategy. It's better to test it first in a demo account. Version for MT4:

FREE

It is a system with many options to help each user find their own settings. There are possibilities to use a filter based on two averages, as well as the choice of whether the system will work at certain hours of the market. The default settings are tested for the eurusd pair. I would recommend that each user do their own testing and find settings that suit their preferences. This is not a ready-made system that you will use without working on it. But it is a good tool to build each user a strat

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It's a two (2) pairs correlation system to use 3 currencies to make 2 pairs to open hedge orders on those. The expert starts opening four orders for each couple (2 plus and 2 minus) and wait to move prices in one direction to make a grid of orders. The expert can use a maximum of 5 currencies to make 10 pairs and make 30 couples. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Canto inputs minimum of thr

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MultiStrategyEA includes the set of seven different experts in one expert . The experts included are as follows, AC_Expert, ADX_Expert, AO_Expert, DeM_Expert, ForceBB_Expert, MFI_Expert, MS_Expert , It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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It's a triangular arbitrage system (three pairs correlation system) to use 3 currencies to make 3 pairs to open hedge orders on those. The expert starts opening six orders for each ring (3 plus and 3 minus) and waits to move prices in one direction to make a grid of orders. The expert can use a maximum of 8 currencies to make 28 pairs and make 56 rings. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Can

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ForceBB_Expert is structured based on two specifics technical analysis indicators ( Bollinger Bands and Force Index ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - Devi

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This Expert Advisor is a tool to be used for closing all open positions by ticket in profit. Does not open positions, can only close positions. You can select the type of profits (pips or currency) and type of tickets (buy or sell) to manage it, and specific ID (magic number). You can to get source code from here . Parameters ManageBuySellOrders - Way to manage opened orders, as different basket buy from sell, or same basket buy and sell. CloseBuyOrders - Close all buy positions if target achi

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It's an expert to use prices action and trade level to open each order. Expert can to trade up 12 pairs, uses the corresponding default setting for each pair. Default settings are good for EURUSD pair and IC Markets broker. Time Frame: H1 Parameters PresetsParameters = Uses prosets parameters (12 pairs). Broker GMT Offset = Set broker different time from GMT time. Time Frame Use = Time frame of chart to run expert. Type Of Signals = Mode of signals. Time Set Levels = Time set levels to trade.

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It's a multi-currency grid and martingale system that can trade all input pairs from one chart. The expert will close all orders for each pair using a profit level. The expert has the possibility to trade up to 100 pairs. Information Chose a broker with fast execution and low spreads for effective results. Please make some tests on a demo account to see how the expert works before using it on a real account. For 0.01 lot size and leverage 1:500, you need an initial balance of at least 10,000 f

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AO_Expert is structured based on a specific technical analysis indicator ( Awesome Oscillator ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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ADX_Expert is structured based on a specific technical analysis indicator ( Average Directional Movement ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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This expert is a pure volatility scalper working with two pending orders (buy stop and sell stop). Expert not use any indicator, only use prices action and volatility of price to generate signals. There are three conditions for it to work: Tight spread Fast execution Stop level = 0 Please during the tests of this EA do not simultaneously use another EA in the same terminal because it affects the modification speed. Try expert on demo account first before use it on real one.

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This Expert Advisor is a tool for managing orders. The EA can Place/remove a take profit. Place/modify/delete a stop loss. Manage all orders or specific ones having a certain ID. You can to get the source code from here . Parameters ManageOrders : Order_By_Order = Manage separately each order. Same_Type_As_One = manage same orders (all buy or all sell as one order, like basket system). PutTakeProfit : Put take profit in orders (yes/no). TakeProfitPips : Take Profit in pips. PutStopLoss : Put

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MFI_Expert is structured based on a specific technical analysis indicator ( Money Flow Index ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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DeM_Expert is structured based on a specific technical analysis indicator ( DeMarker ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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This Expert Advisor is a pure hedging system. The expert place and manage two market opposite orders. Runs perfect on pairs with tight spread and low commission broker (commission plus spread equal or less than 0.5 pip). Pairs and Time Frame Pair: eurusd Time frame: M1 Default settings are good for eurusd. Information Please test expert on demo account first, before uses it on real account. Have on your mind, this expert is sensitive and depend on broker's slipping. Expert parameters UseVi

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It's an expert to open and close orders on specific day and time. Expert open and close orders only with the same symbol it attached. Can set time open and close orders based day of year or day of week. Expert can send market orders and pending (stop or limit). Each order can placed with take profit and stop loss. There is option to use trailing stop loss and break even. Expert can manage only own orders or all orders of account. Information about the expert's parameters can find on the blog .

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AC_Expert is structured based on a specific technical analysis indicator ( Accelerator Oscillator ) . It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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MS_Expert is structured based on a specific technical analysis indicator ( MACD Oscillator and Stochastic Oscillator ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.

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Account Info EA It is a tool that presents on the graph all the positions of the account, and specific information concerning the positions, but also the account. It enables the user to have an image of his account at a glance. Use like any expert advisor. You can't attach it in the same chart with other expert advisor. It does not have the ability to open or manage positions. You can attach it on any chart and any timeframe.

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This Utility is a tool to manage level of profits or losses for each order without using stop loss or take profit. The Utility applies virtual levels to close orders in profit or loss. You can use the robot to manage manually opened orders or manage orders opened by another EA. You can to get the source code from here . Parameters OrdersManage - orders to manage (all orders of all symbols or orders on the current chart). Stop Loss Pips - virtual stop loss level. Take Profit Pips - virtual take

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NewsReleaseEA is an expert to trade about economic news uses pending orders. Expert receives data for events from ' http://forexfactory.com '." The expert can trade up 28 (31 with yuan) pairs from one chart. Expert has the option for manual strategy (user strategy) or uses one of five included strategies. Expert has analyzer for any trade to show information for any currency and any pair to help trader to make better strategy. Include Strategies Custom_Stategy - There are too many options t

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iRSI in iMA is indicator to change color in iMA if iRSI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iRSI on iMA. You can to get source code from here. Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. RSI_Periods — Period for iRSI. RSI_ApliedPrice — Price used for iRSI. RSI_LevelsUp — Level iRSI for up trend. RSI_LevelsDN — Level iRSI for down trend. BarsCount — How many bars will show the line

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This Expert Advisor closes all open positions and pending orders. It is possible to close only buy or sale orders, market or pending orders, positions with profit or loss. You can to get source code from here . Parameters CloseAllBuy - close buy positions. CloseAllSell - close sell positions. CloseMarketOrders - close market orders. DeletePendingOrders - delete pending orders. CloseOnlyProfit - close only profitable orders. CloseOnlyLoss - close only loss-making orders. ClearChart - clear the

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Filter:

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patrickdrew 2025.05.16 07:44 #

Full respect for author that provides a free EA as part of their journey... but it makes no money.

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Simply... does not work at all!!!

Many pending orders - never an actual trade.

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Reply from developer Nikolaos Pantzos 2025.05.16 08:09 #

It is a completely free product that is intended to help someone on their forex journey.
I am also on my forex journey and have gone through several points that I thought were profitable, but they were not.
I am providing the products I gained from this journey for educational purposes.
I am not promising anywhere that they are free, so I don't understand why you have to be so harsh on someone who is honest with you.

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AscendCapital 2024.02.19 21:07 #

User didn't leave any comment to the rating

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IATradingScalping 2023.12.11 23:48 #

EXCELENTE EA de lo mejor ,FELICITACIONES

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Reply from developer Nikolaos Pantzos 2023.12.12 07:05 #

Thank you!

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Cristian Mihail Pauna 2022.09.29 05:45 #

Negative feedback!

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Prathamesh Prakash Gawde 2021.12.03 14:57 #

excellent but it does not cover commissions!

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Michael Ogbonnaya 2021.09.07 17:17 #

The basktest results are super fantastic, but the forward test results are a complete failure. Like someone else said, the idea is good but requires high volatility to give any substantial profits.

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Reply from developer Nikolaos Pantzos 2025.05.16 08:09 #

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Miguel Jimenez Cordero 2021.02.22 11:03 #

good job.

PiDollar 2021.02.17 20:15 #

Great backtest, but when does it start to make a profit?

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Reply from developer Nikolaos Pantzos 2025.05.16 08:09 #

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Babak Alamdar 2020.10.28 11:51 #

Back test is different with forward test!

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Dr Waleed Mahdy 2020.10.20 17:04 #

there is good .......

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LUIZ CLAUDIO TRANNIN 2020.03.02 00:30 #

User didn't leave any comment to the rating

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Jeronimo Jose Miranda Lamboglia 2019.12.01 04:54 #

more losses that wins , BT shows big % of profit trades , real is not the same , i followed all rules from the owner i guess that's why even him has a live signal,dont waste your time , i lost 1 month and 10 usd for vps , the idea is good but needs more updates you can do it better man.

BT are different than DEMO or REAL there is where you found the real work of any EA and following the owner rules.

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Jackson Jordao 2019.11.25 23:12 #

EM CONTA REAL SÓ DAR PREJUÍZO, TESTADO EM CONTA REAL NA IC MARKETS COM SPREAD ZERO MESMO ASSIM SÓ DEU PREJUÍZO.

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Arslan Khan 2019.11.12 21:20 #

A great EA, I must say. Can you please make it more convenient by making it to place orders in a stealth mode and send the order only when the trade logic is met. Because it modifies orders on every tick and brokers usually don't allow more than 2000 messages from the client to the server. Well developed system but this improvement will enhance its performance and will prevent clients from unnecessary blockages from the broker side.

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rainwalker123 2019.11.10 15:16 #

Great EA. Thanks for sharing it

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Matthew Todorovski 2019.10.02 00:01 #

User didn't leave any comment to the rating

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Dmitrii Sofronov 2019.09.16 04:14 #

Отличный советник, но надо тестировать на реальном счете. Желательно на центовом. В тестере все слишком хорошо.