Market / MetaTrader 5 / Experts /

Mr Averager MT5

50 USD

Demo downloaded: 132

Published: 13 July 2020

Current version: 1.4

Mr Averager MT5

Experts
Oleg Remizov
Version: 1.4
Updated: 30 April 2021
Activations: 5

Mr. Averager MT5 is a Expert Advisor for the MetaTrader 5 trading terminal. The trading algorithm is based on the principle of position averaging. Due to averaging, the EA is not sensitive to the quality of entry points and can work almost at any time and in almost any market.

The EA supports 2 trading modes: Automatic start and Manual start. In Automatic start mode, the EA independently starts a new series of orders. In Manual start mode, the first order of the series is opened manually using the trading panel, and then the EA picks up the first order of the series and continues to work according to the algorithm.

Mr. Averager allows you to choose the type of orders from 3 modes: Long, Short, Long & Short. If a strong trend is observed in the market, then it is safest to choose the Long or Short mode, depending on the direction of the trend. Long & Short is a universal mode that is well suited for price movement in the corridor, but is more dangerous on the trend than trend modes: Long or Short.

The EA allows you to separately configure a series of Buy orders and a series of Sell orders. This can be convenient in situations when one of the series greatly outweighs the other in the number of orders.

To protect the deposit, you can reduce the multiplier of the volume of orders, increase the distance between orders, limit the number of orders in a series or close the entire series of orders through the trading panel.

EA is available for MetaTrader 4 and MetaTrader 5 trading terminals:

Mr. Averager MT4: https://www.mql5.com/en/market/product/12416

Mr. Averager MT5: https://www.mql5.com/en/market/product/52026

Account Type Requirements:

EA works only on hedge accounts!

To improve trading results, it is recommended to use:

Major currency pairs with low spreads;
Brokers with small spreads and commissions;
VPS - server for the EA operation 24/7.

Input parameters:

======= General parameters ========
Start mode (Automatic start / Manual start) - trading start mode (Automatic start / Manual start);
Orders type (Long / Short / Long & Short) - type of orders (Purchases / Sales / Purchases and sales);
Order type filling - order execution type;
EA's ID: must be> = 1 - EA magic number;
Timefilter (true / false) - time filter;
Start time (date is ignored) - time to start trading;
End time (date is ignored) - time to end trading;
======= Buy series parameters =======
Initial lot - initial lot;
Lot multiplier - lot multiplier;
Max lot - the maximum lot in the series;
Take Profit - take profit in points;
Take Profit multiplier - take profit multiplier;
Order distance - distance between orders in points;
Order distance multiplier - distance multiplier between orders;
Max orders - maximum orders in a series;
Wait closing and stop trading (true / false) - trading suspension mode If true, - the EA will wait for the series to close and will not open a new one;
======= Sell series parameters =======
Initial lot - initial lot;
Lot multiplier - lot multiplier;
Max lot - the maximum lot in the series;
Take Profit - take profit in points;
Take Profit multiplier - take profit multiplier;
Order distance - distance between orders in points;
Order distance multiplier - distance multiplier between orders;
Max orders - maximum orders in a series;
Wait closing and stop trading (true / false) - trading suspension mode If true, - the EA will wait for the series to close and will not open a new one.

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Auto Close & Delete All is an assistant to help you quickly close all trades of a selected symbol or all symbols and delete pending orders. Through its flexible settings, you can set the script to either close only trades, or only pending orders, or both market trades and pending orders. The script can close deals and delete pending orders wither for the current instrument, or for all instruments. This is selected in settings. The settings are displayed on the screen before the script execution,

FREE

Auto SLTP Maker MT4 is an assistant for all those who forget to set StopLoss and/or TakeProfit in deal parameters, or trade on a very fast market and fail to place them in time. This tool automatically tracks trades without StopLoss and/or TakeProfit and checks what level should be set in accordance with the settings. The tool works both with market and pending orders. The type of orders to work with can be set in the parameters. It can track either trades for the instrument it runs on, or all

40 USD

The Grid Builder MT4 utility is designed for placing a grid of pending orders of any complexity and will be an excellent tool in the hands of a trader who trades grid trading strategies. The tool has numerous settings that allow you to quickly and easily build a grid of orders with the specified parameters. All types of pending orders are supported: Buy Stop; Buy Limit; Sell Stop; Sell Limit. The script also allows you to delete a previously placed grid of orders in one click. If the "Delete

40 USD

Mr. Averager MT4 is a Expert Advisor for the MetaTrader 4 trading terminal. The trading algorithm is based on the principle of position averaging. Due to averaging, the EA is not sensitive to the quality of entry points and can work almost at any time and in almost any market. The EA supports 2 trading modes: Automatic start and Manual start. In Automatic start mode, the EA independently starts a new series of orders. In Manual start mode, the first order of the series is opened manually using

50 USD

The Profit Loss Control Panel is a tool designed to control loss and profit in trading. It allows to close deals if profit and/or loss of positions opened on the account reaches a certain limit. Limit types Percentage of balance Number of points Deposit currency Thus covering the most popular list of reasons to close the deal. The panel allows to combine limits of various types, for example, limit loss as a percentage of the deposit and limit profit in deposit currency. Limits as a percentage o

30 USD

The Parabolic SAR Trailing is a utility that provides a trailing stop based on the Parabolic SAR indicator. Moving the stop loss order according to the values of this indicator is considered to be the most popular solutions for trailing, as this trend indicator follows the price. The utility can work with deals on all trading instruments or on the selected instrument. Thanks to the Magic parameter, it is possible to provide joint operation with other experts and management of the stop loss order

30 USD

Fractals Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Fractals by Bill Williams. The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user. The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the downward fractals, and sell trades can be trailed based on the upwards fractals. The Magic parameter

30 USD

The Envelopes Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Envelopes trend indicator. The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user. The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the lower line of the indicator, and sell trades can be trailed based on the upper line. The Magic p

30 USD

The OHLC Trailing Stop utility trails stop loss based on control prices of the specified bar: Open , High , Low , Close . In the utility settings, you can choose the bar number, which prices will be used for the trailing stop function. A control price for trailing can be specified separately for buy and sell trades. The Magic parameter allows using the utility together with other Expert Advisors. Input parameters Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with th

30 USD

69 USD

Impulse EA MT5 Expert Advisor is based on the author's trading strategy. The EA algorithm does not use martingale, averaging and any other risky money management systems. It is based on candlestick analysis. The EA analyzes several time frames and determines the dominant price direction. Entering the market takes place in moments of a surge of volatility. Each trade of the EA is accompanied by stop Loss and Take Profit orders. The size of Stop Loss and Take Profit is determined by market volati

50 USD

The Grid Builder MT5 utility is designed for placing a grid of pending orders of any complexity and will be an excellent tool in the hands of a trader who trades grid trading strategies. The tool has numerous settings that allow you to quickly and easily build a grid of orders with the specified parameters. All types of pending orders are supported: Buy Stop; Buy Limit; Sell Stop; Sell Limit. The script also allows you to delete a previously placed grid of orders in one click. If the "Delete

40 USD

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