Market / MetaTrader 4 / Experts /

EA Auto Gap

70 USD

Demo downloaded: 70

Published: 10 April 2020

Current version: 2.1

EA Auto Gap

Experts
Kenneth Parling
Version: 2.1
Updated: 5 May 2021
Activations: 7

Introduction

Expert adviser Auto Gap - a 100% algorithmic stable and secure multi trading robot, it's target - Full gaps and trade them accordingly. Forex tested,others not but may work perfectly fine on others as well. No dangerous methods use in trading operations.

What is a 'gap' and how it's traded?

Gaps are areas on a chart where the price of a financial instrument moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. If there's a gap upwards we go short/gap down we go long and awaits for the price to come back, usually it does but sometimes the market has other plans and our stop loss get hit.

Multi trading and how does this adviser work?

AutoGap's primary target is to trade multiple currency pairs at once and this is done from one single chart with default settings for 28 currency pairs. Attach this robot to one (currency selected not important) chart and time frame M15. Possibility to subtract currency pairs that's unwanted for trading. Make sure all symbols visible in market watch that you set to trade. Secondary alternative, run the adviser per symbol/chart (single trading) but very ineffective...the choice is yours but not recommended.

The characteristic features of the expert

Risk assessment - Trade with minimum,fixed sized or percentage sized contracts
Weekday manager - Weekday filter
Two order levels modes - 1. Stop loss/take profit by percentage 2. Stop loss/take profit defined pips range
Break even and trailing stop
No messy configurations

Recommendation

ECN account preferable
Risk assessment - do not risk more then 1-2% and always use money management (trading fixed lots does not give you the same risk equation/trade)
Based on a leverage of 1:500 and multi trading 28 currency pairs,to get high yield trades start with at least $1000, minimum deposit should not be less then $500. Trading single pair (non multi trading) deposit can be as low as $50-100/pair.
As 'gaps' don't appear frequently,multiple currency pairs should to be traded for maximum efficiency.
Use some sort of VPS.

Strategy testing

Auto Gap can now with latest update v2.01 be back tested and this is done with 'Open prices' only.

Expert menu categories

Risk assessment - Minimum,fixed sized or risk % sized contracts
General - Expert properties,comments,pause,magic number, order slippage,spread filter and order string comments
Traded instruments - Selected instrument for trading,symbol prefix and/or suffix if needed
Expert orders - Take profit/stop loss by percentage or input defined pips range
GAP settings - Scanner gap threshold size,deviation trigger pips,MA period and MA mode
Trailing stop - Start,step levels in pips
Break even - Trigger,padding levels in pips
Weekday filter - Weekdays to trade Sunday-Friday

more...

5505

Zakaria Rachid 2021.05.02 23:37 #

I give 5 stars for the idea. Indeed, gap corrections are one of the few moves that the markets repeat most of the time but they have the inconvenience of being rare and using an expert who analyzes 28 currency pairs from one chart is a very good idea. For the results I am still testing. A first feedback is that only large gaps (larger than 50 pips are profitable).

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Multi Chart Refresh Mt5, is a fast, smoothly indispensable script that makes it possible to refresh several charts simultaneously from one and the same. Multitasking makes this possible as you can choose in advance which symbols you want to refresh. How does it work? Open up any chart, drag the script from the navigator and drop it on the chart. Set the desired symbols and click OK, done! Note that this is a script and no expert advisor, the program removes itself from the chart when the task i

40 USD

Introduction Forex Martingale Multi Swap, the expert who focus on positive swap rates. This expert only trades in the direction of positive swaps in order to avoid negative charges and this in turn means that if the order were to be exposed to overnight swap interest fees, these will always be positive and you gain extra from this. The expert is of the multi-trade type and handles up to 28 Forex major/minor symbols at once from a single diagram, which makes it very efficient and easy to read. A

70 USD

Introduction Forex Martingale Multi M4 expert for Meta trader 4 is a martingale based algorithm equipped with trading signals based on the Relative Strenght Index overbought/oversold price model. Security is a must for a martingale algorithm in order to counter a completely wipeout in the best possile way, and of course this is included. It is important to point out and that the user understands that the use of martingale is not completely risk-free and should be taken very seriously as MetaTech

60 USD

Introduction United Rsi is an expert everyone should have in their arsenal, simple and easy to handle. From the name, you will surely understand that the expert works with the Relative Strength Index indicator, which constitutes a signal for trading in overbought and oversold price zones. Orders are placed with the usual take profit and stop loss. The characteristic features of the expert Presets ready to use on eurusd M5 No dangerous trading methods are used Works after optimization on the mo

FREE

Introduction Virtual Money Flow free - Lightweight free trading robot based on Money Flow index. Orders set with ISL and take profit is virtual. Equipped with trailing stop and limited money management. How to? Any account type,leverage and time frame Works only on currency pair EURUSD, optimizations needed in regualar intervals You can start with as low as $20-50 based on leverage 500 This is not a scalper and trades can therefore be less frequent, be patient! Limited contract size

FREE

Introduction Utility informer 'Know Your Symbols' quickly and easy let you know important information about your symbol. This utility covers any symbol i guess, attach it to one chart (time frame and symbol does not matter) and select what symbols you need information about and voila...Equipped with inputs for symbol prefix/suffix if they have such. Informs about; Current price Day high price Day low price Spread points Point size Money required for 1 lot Pip value in quote currency Swap for a b

FREE

Introduction The Fibonacci Level Professional indicator is a great tool for every day trading as a complement to other indicators for better confirmation of trade setups and where the market tends to move. This indicator is easy to setup and works on all currency pairs and time frames, M15-W1 is recommended. Purpose of this indicator is to show the Fibonacci levels on chart, the daily, upper & lower lines. As an additional function this indicator also draws the retrace and expansion lines to yo

40 USD

Multi Chart Refresh Mt4, is a fast, smoothly indispensable script that makes it possible to refresh several charts simultaneously from one and the same. Multitasking makes this possible as you can choose in advance which symbols you want to refresh. Meta trader 5 version If you prefer the mt5 version instead https://www.mql5.com/en/market/product/28796 How does it work? Open up any chart, drag the script from the navigator and drop it on the chart. Set the desired symbols and click OK, done! N

40 USD

Plot History Mt4, an indispensable script for the trader that analyzes the trading history of your trading terminal and account performed by expert advisors. The analysis method is based on the symbol diagram on which the script is run as well as the magic number, a specific or a complete analysis of all magic's used by one or more experts. The script analyzes trade data and can plot these on the chart, print out detailed trade information in the expert log and export analyzed data to csv. Meta

40 USD

Introduction H4 Trend Forex trading robot - An easy to use and fully automated trading robot designed to trade the H4 chart to catch trend movements. Buy/sell signals generated by crossing moving average indicator. Orders always use virtual stop loss,take profit and trailing stop plus a following hard stop just in case a loss of sever connection occur to secure funds. Characteristic features No dangerous techniques such as martingale, hedging or any other Low draw down Safe stable trading Easy

45 USD

Introduction Expert adviser Alpha Multi - 100% fully automated algorithmic long term multi trading robot. Developed primary to trade currencies but may work on other instruments as well. Adviser default setup trades 12 currency pairs from one single chart, possible to subtract unwanted pairs or add other instruments than currency as well, kinda no limits what to trade. Works on any time frame, but recommended to trade H1 or H4.This is a long term trend trading system and trades are less frequen

90 USD

Introduction 'Virtual OCO Pending' - a semi automatic order management utility tool (expert adviser) with risk assessment which let's you quickly place pending stops or limits with a button click at current price with virtual take profit and stop loss using OCO pending rule (One Cancel Other). Visual levels drawn on chart for easy visual confirmation. You can use this utility from one single chart to send orders on any other symbol you want, no need to attach it to the corresponding chart (optio

30 USD

Introduction Expert 'Simple RSi Unlimited' - Simple? yes! Suits both the novice trader as the professional and all in between. Entry signals by well known and popular Relative Strength Index. Equipped with trailing stop and break even to secure position profits. No dangerous trading techniques used and this expert never interfere with other experts you may run on the same account. Default expert presets Works on any time frame and most common Forex symbols, tested only on EURUSD. You must make

45 USD

Introduction MetaTech Algo Invest present to you, our cutting-edge flagship Endurance M4 - Revolutionary stable and reliable expert advisor with our triple module adaptive martingale system technology. Trading signals are generated using a model with overbought and oversold market prices. Proven stable trading history of approximately 40 months with a profit factor above 1.9. Endurance M4 uses, among other things,a 3-step safety system to provide a stable and smooth trading as possible. Please

120 USD

Introduction Expert Randomizer for Meta Trader 4 - Trading robot based on pure randomness. No indicators, nothing at all - only pure randomness will open a trade, either a buy or a sell. So, ask your self - Is it your lucky day or not? you can never really know. It's like walking into a casino placing your bet on either black or red. You could be extremely lucky and make some really good profits or....very very unlucky and loose. Don't cry if you loose, you've been warned! Randomizer does not u

45 USD

Introduction Forex Martingale M4 expert is exactly what the name says, a martingale system that you can use on any Forex major/minor symbol. What differs from many other products is that you yourself determine its settings and the risks you are willing to take, in other words you get to set/optimize the desired settings to your own advantage. However, the expert presets that it comes with are no guarantee that these will work on all intended Forex major/minor symbols. The expert is equipped wit

45 USD

Introduction Virtual TPSL Close M4 order management utility tool (expert adviser) manage your existing open positions made by another expert adviser you use or your manual opened orders and closes them with virtual take profit and stop loss levels. Adviser operates in complete virtual mode, no visual levels present more than a colored arrow object drawn when the monitored position been closed whether it's in profit or loss to mark it's closing position on chart if one open and present with the u

30 USD

Introduction The Mighty Alligator - a trend-following indicator following the premise that financial markets and individual securities trend just 15% to 30% of the time while grinding through sideways ranges the other 70% to 85% of the time. The Mighty Alligator indicator uses three smoothed moving averages, set at five, eight and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that s

40 USD

Plot History Mt5, an indispensable script for the trader that analyzes the trading history of your trading terminal and account performed by expert advisors. The analysis method is based on the symbol diagram on which the script is run as well as the magic number, a specific or a complete analysis of all magic's used by one or more experts. The script analyzes trade data and can plot these on the chart, print out detailed trade information in the expert log and export analyzed data to csv. Adva

40 USD

A common sense approach to price observation Buy when prices are going higher and sell when prices are going lower The above statement of buying when prices are going higher or selling when prices are going lower may be too broad and therefore it may need some guidelines and rules, this is where The 3 Duck’s comes into play. Price Average Mt5 indicator will help you identify buying opportunities in the direction of the last uptrend and selling opportunities in the direction of the last down

40 USD

ROC Price Histogram Alert is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago. ROC is plotted with a histogram against zero, with the indicator moving upwards into positive territory if price changes are to the upside, and moving into negative territory if price changes are to the downside. The main step in calculating the ROC period, is the 'calculated period' input setting. Shor

40 USD

Introduction Forex Martingale M5 expert is exactly what the name says, a martingale system that you can use on any Forex major/minor symbol. What differs from many other products is that you yourself determine its settings and the risks you are willing to take, in other words you get to set/optimize the desired settings to your own advantage. However, the expert presets that it comes with are no guarantee that these will work on all intended Forex major/minor symbols. The expert is equipped wit

45 USD

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Zakaria Rachid 2021.05.02 23:37 #

909

pitpitrowski 2020.04.29 12:25 #

Ich schaue mir das ganze einmal an. Sehr unkompliziert. Die ersten Ergebnisse überzeugen

Mehr Sterne nach Testphase. Nur der Bewertungszwang verdient -5

Version 2.1 2021.05.05

This version;
1. Various improvements

Version 2.0 2021.05.01

This version;
1. Code revision - Shortened/optimized

Version 1.9 2021.03.05

This version;
1. Enhanced order module
2. Spread filter added
3. Chart comments fix
4. Take profit bug fix

Version 1.8 2021.02.04

This version;
1: Faulty link revision

Version 1.7 2021.02.04

This version;
1. Property revision

Version 1.6 2021.02.04

This version;
1. Revised and enhanced

Version 1.5 2020.08.31

This version;
1. Trailing stop added
2. Menu adjustments

Version 1.4 2020.08.20

This version;
1: Break even function added
2: Two new automatic stop loss modes - 30% & 25%. Advisers current default stop loss percent set to 30 and break even turned on.

Version 1.3 2020.05.25

This version;
1: Risk assessment update

Version 1.2 2020.05.15

This version;
1: An alert message was removed

Version 1.1 2020.04.13

This version;
1: Settings menu update
2: Gap scanner sensitivity fix