Ilan for MetaTrader 5
Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible.
This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5.
Expert Advisor Settings
The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools:
- Unique MagicNumber for identification of trades;
- Trade direction option (Trade direction): buy only, sell only or both directions simultaneously;
- Step for opening trades (Step) and profit size (TakeProfit) with automatic adaptation to 4 or 5-digit quotes;
- Start lot (Start lot) and the lot incrementation coefficient (Lot coefficient) for adaptation to specific deposit size;
- And finally, limitation on the number of deals (Max trades in one direction) and Stop Loss of the last deal of a series (Max loss of last trade) for risk management.
Use as much Ilan Expert Advisors on a single account as you need (even on a single financial instrument). Each of them will work with its virtual trades only without interfering with other instances. Trade manually together with the Expert Advisor - this will not affect the trade strategy. Disable the Expert Advisor at any time or start it when there are open positions - everything will work fine.
The list of virtual positions opened by the Expert Advisor is displayed on the chart - you can always see how many lots are in the market at a particular time period:
|Type||Open Time||Volume||Open Price|
A special CloseAndStopNow mode is implemented for closing all trades and stopping the operation: once it is activated, the Expert Advisor will close all its trades and stop operation before the user interferes. There is also a possibility to disable opening new series or any new trades: select a desired mode, and the Expert Advisor will wait to close the series with profit and then it will end its operation.
Attention! Positions opened manually or by other Expert Advisors do not affect the operation of Ilan! Watch the real volumes of positions that are managed by Ilan on the chart.
Use CloseAndStop mode for closing the positions of the Expert Advisor. Do not use SL and TP for open positions - that may lead to closing positions of the Expert Advisor without accounting them in the trade process!
You can view the Expert Advisor's trade result by testing it in the strategy tester.
This is a universal automatic Expert Advisor for MetaTrader 5 working on standard indicators . UniversalEA The Constructor EA is provided with a large set of functions. You can select one of 20 signals to open a position and 5 of 20 filters to sort out the signals of the standard indicators included in the MetaTrader package. Besides, you can adjust the indicator parameters, select a timeframe, and specify a signal bar for each signal. You can also download The X EA for the MetaTrader 4 term
CAP Zone Recovery EA is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. I call it the "Never Lose Again Strategy". Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. Guaranteed! The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy" . CAP Zone Recovery EA is extremely easy to use. You jus
Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. The advisor needs a hedging account type Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is $100, use an ECN account with the minimum spread, default settings reccomend for eurusd m5 gmt +3 . Skype is here . Te
Attempts to recover losing trades. If a trade moves in the wrong direction, the Zone Recovery algorithm begins. An alternating series of Buy and Sell trades at two specific levels take place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades close with a combined profit or break even. MT4 version here Usage General Settings Close_All: Closes all trades Magic: Magic number used Commission_per_Lot_Amount: Commission charged per Lot 1 .
The EA identifies divergences in two correlated currency pairs and trades in the direction where they converge back. Working timeframe: M30 Input parameters MagicNumber - identification number for the EA. OrdersComment - comment to order, automatic if an empty value is set. Lots - lot size. DepoPer001Lot - automatic lot calculation (specify the balance per 0.01 lot) (if 0, the value from 'Lots' parameter is used). TimeFrame - working timeframe. Symbol #2 - correlated currency. Symbol #2 revers
Max ScalperSpeed MT5 is a fully automated expert advisor. This system has been developed to improve the efficiency of generating more returns. Rely on scalping trading strategies and recovery strategies with appropriate trading frequencies, and also able to work well in all market conditions, whether trend or sideways, able to trade full time in all conditions. Enable or disable news filtering according to user needs. Added the function of automatic risk management control parameters, which us
Ilanis is an Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the
BB King EA MT5 BB King Expert Advisor uses a reversal strategy using Bollinger Bands and short term trend detection. It is designed to be easily used by newbies with very few parameters. Please try the demo and leave feedback. The default version is optimised for EUR/USD M1. Set files for other pairs will be made available when ready. Minimum deposit : $100 Lots : use 0.01 per each $100 Risk Management Each order is placed with a Stop Loss and Take Profit. These are controlled by th
Monitoring: https://www.mql5.com/en/signals/author/yarkan Features Works only with Hedge accounts Does not use Take Profit, fixed Stop Loss Applies trailing stop Trades from overbought/oversold levels (uses WPR) Analyzes each market tick (select "Every tick based on real ticks" mode when testing) All positions are closed only by Trailing Stop Recommendations Deposit: $500 or more (the larger, the better) Symbol: EURUSD (with five-digit quotes) Timeframe: M1 Parameters Period - WPR indicato
The Expert Advisor helps reduce the account drawdown. To do this, the losing deal is split into multiple small parts, each of these parts is closed separately. The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders. Open lock for MetaTrader 4 is available here The algorithm of the EA uses counter transactions and a large number of open positions, therefore, need to use it on a hedge account
EURUSD DECODER EA is a fully automated mid-term, medium-risk expert advisor. Adaptive price pattern analysis is used to identify potential trade entries and exit. The EA does not use any unfair money management practices like grid and martingale. Each position includes a stop loss and all open positions are monitored by an advanced loss control algorithm, which decides when to close profit and when to accept loss. Before you buy all of my product please be aware of the risks involved: 1) Ple
Cool EA MT5 is a simple Expert Advisor based on Cool Indicator MT5 ( The Indicator is incorporated in the EA. ) Cool Indicator MT5 is based on Williams' Percent Range (%R) and Average True Range (ATR) and can be dowloaded for free from my product page . Settings: Magic number : 966125 ( is a the unique number assigned to the trades placed by the Expert Advisor ) Timeframe : M5 ( 5 minutes ) The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in pips ) TakeP
Bober Real MT5 is a fully automatic Forex trading Expert Advisor. This robot was made in 2014 year and did a lot of profitbale trades during this period. So far over 7000% growth on my personal account. There was many updates but 2019 update is the best one. The robot can run on any instrument, but the results are better with EURGBP, GBPUSD, on the M5 timeframe. Robot doesn't show good results in tester or live account if you run incorrect sets. Set files for Live accounts availible only for c
The CAP Professional EA is a fully automated EA that uses a advanced grid trading approach. It uses unique price action trading system with advanced self-adaptive processing unit. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ] It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 to 2017. Download 13 Years backtest Result Recommendations EA Settings : Please Download Setting from our Monitoring Acc
https://youtu.be/ESyXnmwdT9U <---- CHECK OUT HOW IT TRADES VISUALLY HERE C urrency - Eur/Usd(Can work on others but might need tuning) Candle Time - 5m for best results(works on multiple timeframes) Recomended Broker - IG(works on most) Leverage - 1:200 Fully Automated EA for Longs and Shorts You can adjust to whichever RSI period and value you want. -RSI PERIODS & VALUES WHEN THEY CROSS ARE ALL ADJUSTABLE IN THE INPUTS & THE TAKE PROFIT AND STOPLOSS OF HEDGING LONG AND SHORT TRADES. Def
This is an expert that uses MACD and Bollinger Bands as the main recipe of an operation. The main objective of this algorithm is to recognize good price movement reversal zones. Signals: Bollinger Bands: occurs when price reaches/passes a certain distance between the mid-band and the external band. MACD: Histogram above Signal Line, and both are positive, Sell signal. Histogram below Signal Line and both are negative, Buy signal. Confirmation Signal: can be either Bollinger or MACD sig
The Edge Expert Advisor has implemented all the best trading algorithms from scalping and pipsing: filtering trades using the Gann and Elder methods from different time intervals when trading price momentum patterns from the instrument's minute charts. The Edge Expert System works with 5-digit quotes. The bot is very easy to operate, you don't need to configure anything, set it up and work. The overwhelming majority of participants in the forex currency market are unacceptable "boring" trading
Attention! This Expert Advisor works only on the derivatives market of FORTS, trading is possible only on the Brent oil futures. The EA is based on the original algorithm for determining the price rollbacks to the daily Open level using the identification of valid and false gaps. It should be noted that the testing results of the EA for the last three years showed 100% profitable trades. The charts show the operation starting from 2016 with the maximum risk (lot size of 70% of the deposit). Trad
"MACD Scalper EA" is a reliable scalper for trading all currency pairs. The working timeframe is H1. Good to use VPS. The algorithm is based on the readings of the MACD, RSI indicator and candlestick patterns. This combination allows you to achieve a better ratio of Profit / Loss. Most often, the indicator is used to identify trading signals during lateral price movement - periods of stabilization of the course after raising or lowering (consolidation). Usually, the “Buy” signal is considered
Exp-TickSniper - high-speed tick scalper with auto-selection of parameters for each currency pair automatically. Do you dream of an adviser who will automatically calculate trading parameters? Automatically optimized and tuned? The full version of the system for MetaTrader 4: TickSniper scalper for MetaTrader 4 The EA has been developed based on experience gained in almost 10 years of EA programming. The EA strategy works with any SYMBOLS. The timeframe does not matter. The robot is based o
This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Stable Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number
Grid King is a revolution in grid trading. The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market. It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity. Where almost all grid systems will blow your account when things get bad, Grid King will only take a small loss an
Indicator-free Price Action Trading System Surfing EA - long-term trading strategy that looks for an signal candle to catch a trend wave. Stoploss / Takeprofit / Split / Trailing levels based on a signal candle body size. Surfing EA MT4 >> https://www.mql5.com/en/market/product/49969 Features Indicator-free Relative levels Hard Stoploss / Takeprofit Manual / Risk / Auto volume Split system / Trailing Stop (optional) Spread / Time control 2017-2020 99% tick quality optimized Moni
Santa Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The SMA indicator filter are used for entries. This EA can be run from very small accounts. As small as 50 EUR. General Recommendations The minimum deposit is 50 USD, default settings reccomend for eurusd m5 gmt +2 . Please use max spread 10 if you will not have orders change it to -1. Use a broker with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably w
RE-LAUNCH PROMO: 1 COPY LEFT AT 350$! NEXT PRICE -> 450$ (final price: 490$) !! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !! MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system
The Heiken Ashi VPS is a proposal to trade using Heiken Ashi Indicator. It is designed to kept a single order all the time. And use the stop loss as a direction switch. EA have 2 types of stoploss, first stoploss and interval level stoploss. The first stoploss using the lowest level of the market level at the time by using same shift as interval level stoploss. Interval level use the low or high of Heiken Ashi Indicators. I add the risk and lots as input. In the case of risk value read as zero E
This Expert Advisor trades news on any timeframe. The news are downloaded from the Forex Factory website. Make sure to add the URL to the terminal settings. The EA is launched on a single chart and defines all necessary pairs for trading on its own. The robot works with pending orders setting two Buy stop and Sell stop orders before a news release. It determines the time zones of the calendar and terminal automatically. Make sure to add the time.is URL to the terminal settings. The EA can be tes
Time Scalper MT5 is a multi-currency Expert Advisor, which works on many symbols and M1 timeframe. The Expert Advisor does not use high-risk trading strategies like Martingale. EA works with Stoploss, Breakout, Pull back,Takeprofit, Next Trailing Stop with Neural Network Technology and Calculated through the last price every one minute not every tick. This made the decision that you do not have to worry about backtest results. For Customers Please write the author in private message to know wh
Dark Scalping is a fully automatic Expert Advisor for Scalping Trading and Intraday Trading. Dark Scalping is based on 4 different indicators, Rsi, Ma, Atr and Adx. The expert advisor is able to get a very high-rate of winning trades. Why do you choose a robot ? Backtest ? look at the pictures, Live Trading ? follow the link! https://www.mql5.com/en/signals/571485 The expert advisor was tested from mid-2017 to present on eurusd and other pairs. You can download the demo and test it yourse
This is a fully automated multi-currency Expert Advisor with unlimited number of currency pairs using MACD and Envelopes indicators. You can specify how the EA should work with each currency pair. You can add orders manually. Real account fully managed by the Expert Advisor The free version is available here . Parameters Common TradeObjectsDelete : delete trade objects. OrderPanel : display the panel for opening orders. TradeToBalance : target balance to stop trading. The parameter is triggere
You can customize trailing stop size ("TrailingStop in points") and the total position profit (in points), after which trailing is activated ("Start TrailingStop after profit").
Added ability to close the entire series of deals when the opposite signal appears ("Close on opposite signal").
Added ability to define the lot of a first deal in the series in percentage of the balance ("Risk for start lot").
Just choose the "TraderDream signal" in the settings, set the Period and Type of MA used in the indicator, and EA will work using new algorithm.
* "Simple signal" - original signal (like in the previous version)
* "MA cross signal" - crossing of 2 MAs signal (period and type are set by "MA Period" and "MA Type" variables)
Tip: In order to "reverse" the MA signal, interchange fast and slow MA periods. ;)
Several intervals can be set for each day of week. Thus, you can configure a flexible schedule for the entire week.
For example, if you set "00:00-11:59" interval for Monday, the Expert Advisor will open positions up to 12:00 (the interval's last minute is included).
If you set "13:58-14:05,15:28-15:35" intervals for Friday, the Expert Advisor will trade during 2 intervals having 8 minutes each.
The intervals should be specified in HH:MM-HH:MM format. 0 should be specified in hours and minutes less than 10. Wrong specification example: "0:00-1:20", correct one: "00:00-01:20". A comma (,) is used between the intervals as a separator. The number of specified intervals is not limited.
You can also select what time should be analyzed (does not work in the tester):
- Time Trade Server: trade server time (that you see in the terminal),
- Time Local: your PC's local time,
- or Time GMT (if your computer is configured correctly).
2. Added the possibility to prohibit opening deals during high spreads (MaxSpread parameter).
Good luck in trading!