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Combination EA MT5

Description :

Combination EA MT5 is a simple Expert Advisor based on Combination MT5 custom Indicator. The Indicator is incorporated in the EA, therefore you don't need it as a separate tool for the EA to operate.

Combination MT5 custom Indicator is based on Stochastic Oscillator and Average True Range (ATR), both are set to their default values.

If you wish, you can download Combination MT5 custom Indicator for free from my product page.


The Expert Advisor settings are as follows :


Magic number : ( set to 124777, is the unique number assigned to the trades placed by the Expert Advisor  ) 

Timeframe : M15 ( 15 minutes )

The parameters below can be set according to your trading rules.

  • StopLoss : ( Stop Loss in pips )
  • TakeProfit : ( Take Profit in pips )
  • TradeSize : 1.0
  • MaxOpenTrades=1 ( Maximum open trades per currency pair )
  • Hedging=true ( Hedging mode, set to true )

Some clarification to remember :


For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false. 



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Aria Connector EA (MT5 to ChatGPT and more...) Public channel:  https://www.mql5.com/en/channels/binaryforexea Many EAs on the market claim to use artificial intelligence or "neural networks" when in reality they only run traditional logic or connect with unreliable sources. Aria Connector EA was created with a clear and transparent purpose: to directly connect your MT5 platform with OpenAI’s AI — no middlemen, no shady scripts. From its first version, Aria establishes a real and direct connect
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Synergy EA MT4
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Synergy EA MT4 uses a combination of three key indicators to determine optimal entry and exit points in trading. These indicators are the Relative Strength Index (  RSI  ), Bollinger Bands , and a 200-period Moving Average . Here's how each indicator contributes to the decision-making process: Relative Strength Index ( RSI ) : RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market, which can indicat
Rainbow EA MT5
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Description : Sensor EA MT5 is an advanced Expert advisor for MetaTrader 5, built using the usual signals provided by Bollinger Bands Technical Indicator . The Expert Advisor places a buy order, When price crosses above the lower band, and a sell order when price crosses below the upper band. The Expert Advisor uses a Stop Loss and a Take profit. The Expert Advisor settings are as follows : ( The parameters below can be set according to your trading rules. ) StopLoss ( Stop Loss in pips) TakePr
Elevate your trading experience with Dynamic Trader EA MT5 , a cutting-edge trading robot designed to optimize your investment strategy. This advanced algorithm harnesses the power of four key indicators: RSI ( Relative Strength Index ), Stochastic Oscillator , MACD   ( Moving Average Convergence Divergence ) and ATR ( Average True Range ) to make informed and precise trading decisions. ATR is used to dynamically set stop-loss and take-profit levels based on market volatility. IMPORTANT! Read c
Synergy EA MT5
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Synergy EA MT5 uses a combination of three key indicators to determine optimal entry and exit points in trading. These indicators are the Relative Strength Index ( RSI ), Bollinger Bands , and a 200-period Moving Average . Here's how each indicator contributes to the decision-making process: Relative Strength Index ( RSI ) : RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market, which can indicate
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Version 1.1 2024.02.25
Combination EA MT5 is based on version 1.1 of Combination MT5 Indicator.