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Moneyflow trader


 

Moneyflow trader is an EA based on the MFI indicator. It  doesn't use martingale or grid. Open trades are based on MFI compared to mfi a spesified number of candels back in time. It closes trades by stoploss or a set of rules based on MA. 


Check out my other products: https://www.mql5.com/en/users/tkjelvik/seller#products


EA is most suitable for traders who like a lot of action and trades. 


Input parameters

MAperiode: Moving average periode used by the close function

mfiperiode: Moneyflow indicator setting for entries

mfi2periode: Moneyflow indicator 2 settings for entries

mfi2 shift: How many bars back to calcuate mfi2

tp: Take profit in points (10 points is 1 pip)

sl: Stop Loss in points

ts: Trailingstop in points

Max orders: 20 is default (from 1-account max(varies by broker))

lots: lots pr trade

mn: Magic number


The EA can be used on any currencypair, but some are better than others. Test and find out the pairs you want to use it on.


Examples show trading from january 2018 to november 2018 using SL=9000 and not the std parameters. 

NB! It uses big stoploss, so you will need a big account. If you have less than 5000USD only trade one pair or use micro account when using big stoploss . I also recommend taking profits out of the account sometimes to protect your total capital.


Disclaimer: Testingresults and past perfomence is no guarantee of future success. Buyer of this EA are themself responsible for any profit and/or loss that may accure.

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Arrow entries indicator Arrow entries is a tool to help make entry decisions. It draws arrows for buy and sell and is based on 2 MFI indicators and filtered by fast over or under slow Moving Average.  Check out my other products:  https://www.mql5.com/en/users/tkjelvik/seller#products Input variables Period MFI1: How many candels to calculate MFI1. Shift_MFI1: Candels back to be used. Period MFI2: How may candels to calculate MFI2. Shift_MFI2: Candels back to be used. Overbought/Oversold are
Arrow Entries II
Thomas Kjelvik
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Arrow Entries II   Arrow entries II indicator Arrow entries  is a tool to help make entry decisions. It draws arrows for buy and sell and is based on 2 Signals and filtered by fast over or under slow Moving Average.  Do not confuse this with my other indicator Arrow Entries. The rules for a signal is different. Arrow Entries II produce less signals than Arrow Entries, but are more precise  Want an EA to do the job for you? Buy it here: https://www.mql5.com/en/market/product/33266 Check out my ot
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Trident Pro
Thomas Kjelvik
Trident Pro Trident Pro is a one of a kind multistrategy EA with 8 different strategies based on Price, Moneflow index, MACD, RSI and Moving averages.  DON'T USE  martingale or Grid. You can easyly customize it to suite your risk appetite.   Check out my other products:  https://www.mql5.com/en/users/tkjelvik/seller#products This is what you get: -Customisable EA with 8 strategies -Can be used on all currencies pairs and XAUUSD and all timeframes -10 activations -Set files for several pairs
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Thomas Kjelvik
MomentumX is a great tool for traders to find possible direction change and continuation in trend. MomentumX indicator inverts momentum and is best used together with Momentum found in your MT4(See picture 2) It can be used for short term trading and mid term trading on any timeframe and instrument.  Only setting is period and color of the line. Check out my other products:  https://www.mql5.com/en/users/tkjelvik/seller#products To spot entries, you can trade crossover between MomentumX an
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Thomas Kjelvik
Pending Levels EA is a great expert advisor that places pending buy and sell orders at important levels.  It doesn't use any indicators and only use price and levels to make profit. It always use stopploss and takeprofit. Testresults use reasonable SL/TP. It has moneymanagement It doesn't use Martingale or Grid Only a few easy settings: -Magic number: ID of order -Minimum lot allowed -Risk: 0 use fixed lot -Stopploss: Setting in points. One pip is 10 Points. So if you want 50Pip SL you set 5
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