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Vates

4

Vates is a Latin word meaning a prophet.

Vates is a multicurrency trend Expert Advisor that can run on any type real accounts, on any timeframe, with any initial deposit, with a fixed or varying lot size, with four and five-digit quotes, with brokers offering different order filling types.

A distinctive feature of the EA is its stability and reliability. The results of Expert Advisor testing in the Strategy Tester in four modes (two main modes – normal and with a delay, and two additional modes – all ticks and OHLC on M1), as well as its operation on demo and live accounts are virtually identical.

The EA should be tested and optimized in a normal mode or with any delay, OHLC at M1, timeframe - any.

The Expert Advisor determines the direction of the trend, as well as oversold or overbought states of the market, and when it receives a signal, it opens a buy or sell position. The position is then closed by a reverse signal or by Stop Loss or Trailing.

The EA can open additional orders in the direction of the opened position with the same lot size. Additional orders are opened only if the EA receives one more signal to open a position in the same direction after it has opened a position, and if the drawdown of the open position has exceeded the amount specified in the Drawdown Percent parameter.

When power is off, Internet connection is lost, the computer or the terminal is restarted, as well as when you chang the input parameters, the Expert Advisor checks open positions for all pairs (with additional orders or without them) and correctly calculates the orders and drawdown on them.


Input parameters

  • Magic - a unique magic number for identifying positions opened by the EA;
  • Max. Spread - maximum allowed spread in points to open a position;
  • Slippage - allowed slippage in points for market orders;
  • Lot - Fixed Lot or Lot Percent;
  • Fixed Lot - the size of the fixed lot for opening a position;
  • Lot Percent - lot size equal to a percent of the current balance: lot = Balance * Lot Percent / 100000;
  • Mode - select Closed (positions are opened and closed based on a closed bar) or Current (positions are opened and closed based on the current value);
  • Applied Price - choose one of the seven price types (Close, Open, High, Low, Median, Typical, Weighted);
  • Filter - choose one of the four price smoothing types;
  • X-Factor, Y-Factor, Z-Factor - numerical values ​​that define the EA operation (for EA testing and optimization in the Strategy Tester, the initial and final values, as well as the value modification step are specified in the EA inputs);
  • Add Order - number of additional orders for an open position (if 0, no addition orders);
  • Drawdown Percent - drawdown of an open position as a percent of the current balance (active only if Add Order > 0);
  • Stop Loss - Stop Loss in points (if 0, disabled);
  • Use Trailing - false/true (if false, trailing is disabled);
  • Trailing Start - the number of profit points of an open position, reaching which the trailing is activated;
  • Trailing Stop - in points (if trailing is on, Stop Loss = Price Bid – Trailing Stop for Buy or Stop Loss = Price Ask + Trailing Stop for Sell);
  • Order Filling Type - select order filling type to prevent the "Invalid Order Filling Type" trading error (if this error appears in the log, change the order filling type).

Note: the values of Max. Spread, Slippage, Stop Loss, Trailing Start and Trailing Stop are specified for 4-digit quotes. No need to change the values for 5-digit quotes, they will be adjusted automatically.

Reviews 6
agopriarolo
366
agopriarolo 2018.06.05 08:38 
 

I like this a lot. Developer did a really good job with this. And he's really helpful. A lot of noise with all those broken EAs, but this... is music.

Vijay Krishna
38
Vijay Krishna 2017.06.15 13:42 
 

its one of the great EA i have seen all we need to do work on it and it gives very good results and the author is very good he helps a lot many EA in the market is just fooling us and taking lot of money but this EA at affordable price and i am working in real account with this EA from 6 months

Alexandr Shtang
23
Alexandr Shtang 2016.10.26 11:29 
 

Тестирую на реальном центовом счете, советник отлично открывает сделки, закрывает не всегда в пике доходности, но тем не менее в стабильном плюсе. Тестирую неделю. Пока все отлично.

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Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD(GOLD) pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal : Click
Boring Pips MT5
Thi Thu Ha Hoang
4.78 (18)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Hamilton
Tajammul Hussain
5 (15)
Hamilton: Your Gateway to Profitable CAD Trading Embark on a transformative journey in the world of forex trading with Hamilton, the latest addition to my suite of expert advisors. This sophisticated EA is designed to navigate the complex landscape of Canadian Dollar pairs and their crosses, delivering consistent results through its innovative approach. Hamilton employs a unique blend of popular indicators, including volume, trend, and trend reversal, to create a powerful trading strategy. By an
Forex GOLD Investor MT5
Lachezar Krastev
5 (40)
SHOCK DEAL --> -45% OFF --> VERY LIMITED COPIES AT THIS PRICE !!! + BONUS -> PREMIUM EA! Signal Account:  https://www.mql5.com/en/signals/1510678 Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most succes
Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
Tiger Trade Pro MT5
Soraya Bahlekeh
4.78 (9)
Original price   $269   —> 50% discount only   $129 Live Results :   link in Bio Tiger Trade Pro - Your Key to Confident Trading! Tiger Trade Pro is a real and consistently profitable EA that uses the Scalp-Trend system and has a very favorable risk compared to other similar EAs. This EA offers both simple and advanced settings to match your trading style. Tailored Settings:  Whether you prefer simplicity or advanced controls, Tiger Trade Pro has you covered. Advanced options include: Tra
Candle EA MT5
Mansour Babasafary
4.29 (35)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
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Bulls Power Mod
Pavel Gotkevitch
4 (4)
Only Exponential Moving Average at Close Price is used in standard Bulls Power limiting the possibilities of that indicator to some extent. Bulls Power Mod enables you to select from four Moving Averages and seven applied prices, thus greatly expanding the indicator's functionality.
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DeMarker Mod
Pavel Gotkevitch
3.8 (5)
В стандартном индикаторе DeMarker используется простая скользящая средняя - Simple Moving Average, что несколько ограничивает возможности этого индикатора. В представленном индикаторе DeMarker Mod добавлен выбор из четырех скользящих средних - Simple, Exponential, Smoothed, Linear weighted, что позволяет существенно расширить возможности данного индикатора.   Параметры стандартного индикатора DeMarker: ·         period  - количество баров, используемых для расчета индикатора;   Параметры индикат
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MAPC
Pavel Gotkevitch
3.75 (4)
MAPC (Moving Average Percent's Change) shows the Moving Average's percent change from one period to another selected period allowing you to track the smoothed price change rate. MAPC is calculated according to the following equation: MAPC[i] = 100 * (MA[i] - MA[i - n]) / MA[i],  where: MA[i] - current Moving Average value;   MA[i - n] - value of the Moving Average that is n periods away from the current Moving Average value. Input Parameters Period - Moving Average period; Method - smoothing m
FREE
Bears Power Mod
Pavel Gotkevitch
4 (5)
Only Exponential Moving Average at Close Price is used in standard Bears Power limiting the possibilities of that indicator to some extent. Bears Power Mod enables you to select from four Moving Averages and seven applied prices, thus greatly expanding the indicator's functionality.
FREE
Support & Resistance indicator is a modification of the standard Bill Williams' Fractals indicator. The indicator works on any timeframes. It displays support and resistance levels on the chart and allows setting stop loss and take profit levels (you can check the exact value by putting the mouse cursor over the level). Blue dashed lines are support level. Red dashed lines are resistance levels. If you want, you can change the style and color of these lines. If the price approaches a support lev
MA Crossing
Pavel Gotkevitch
MA Crossing displays two moving averages on the chart painting their crossing points in different colors - blue (buy) and red (sell). The indicator clearly defines the trend direction and power and simplifies the perception of market signals. The indicator may be useful in the strategies involving two moving averages' crossing method. The indicator's input parameters allow you to select the following settings for each moving average: period (Fast Period, Slow Period); smoothing period (Simple, E
Grab
Pavel Gotkevitch
The Grab indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can be used for
CCI Modified
Pavel Gotkevitch
The standard Commodity Channel Index (CCI) indicator uses a Simple Moving Average, which somewhat limits capabilities of this indicator. The presented CCI Modified indicator features a selection of four moving averages - Simple, Exponential, Smoothed, Linear weighted, which allows to significantly extend the capabilities of this indicator. Parameter of the standard Commodity Channel Index (CCI) indicator period - the number of bars used for the indicator calculations; apply to - selection from
Unda
Pavel Gotkevitch
The Unda indicator determines the trend direction and strength, as well as signals about trend changes. The indicator uses price extremums for the previous periods and calculates the ratio between the current price and extremums. Therefore, the only parameter is Period (default = 13), which sets the number of bars to determine extremums. The higher the Period, the less the number of signals about trend changes, but the greater the indicator delay. Uptrends are shown by blue color of the indicato
K Channel
Pavel Gotkevitch
K_Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator works on any timeframe. H1 and higher timeframes are recommended though to minimize false signals. The indicator is displayed as lines above and below EMA. Average True Range (ATR) is used as bands' width. Therefore, the channel is based on volatility. This version allows you to change all the parameters of the main Moving Average. Unlike Bollinger Bands that applies the standard deviation
D Channel
Pavel Gotkevitch
D-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on DEMA (Double Exponential Moving Average). The advantage of DEMA is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator can work on any timeframe, though H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the average line.
Stips
Pavel Gotkevitch
Stips is a histogram indicator that determines trend direction and strength, as well as trend changes. The indicator can be used as a normal oscillator, i.e. analyze its trend change signals (crossing the zero line), as well as divergence and exit from overbought and oversold zones. The indicator uses extreme prices of previous periods and calculates the ratio between the current price and extreme values. Therefore its only parameter is Period (default is 13), which sets the number of bars to de
F Channel
Pavel Gotkevitch
F-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on FRAMA (Fractal Adaptive Moving Average). The FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as
Labor
Pavel Gotkevitch
Labor is a technical analysis indicator defining trend direction and power, as well as signaling a trend change. The indicator is based on a modified EMA (Exponential Moving Average) with an additional smoothing filter. The indicator works on any timeframe. The uptrend is shown as a blue line, while a downtrend - as a red one. Close a short position and open a long one if the line color changes from red to blue. Close a long position and open a short one if the line color changes from blue to re
P Channel
Pavel Gotkevitch
P-Channel is a technical indicator determining the current Forex market status - trend or flat. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lower lines can serve as the resistance and support levels. Sell when the price reaches the upper line, and buy when the price reaches the lower line. It is recommended to use a small st
FRAMA Crossing
Pavel Gotkevitch
The FRAMA Crossing indicator displays on a chart two FRAMAs (Fractal Adaptive Moving Average) and paints their crossing areas in different colors – blue (buy) and red (sell). FRAMA follows strong trend movements and slows down significantly during price consolidation. The indicator clearly defines the trend direction and power and simplifies the perception of market signals. The indicator can work on any timeframes may be useful in the strategies involving two moving averages' crossing method. T
CCI Crossing
Pavel Gotkevitch
The CCI Crossing indicator displays the intersection of two CCI (Commodity Channel Index) indicators - fast and slow - in a separate window. The intersection area is filled in blue, when the fast CCI is above the slow CCI. The intersection area is filled in red, when the fast CCI is below the slow CCI. This indicator is a convenient tool for measuring the deviations of the current price from the statistically average price and identifying overbought and oversold levels. The indicator can work on
Dash
Pavel Gotkevitch
Dash is a histogram indicator, which measures the rate of price change and determines the overbought and oversold levels. The indicator uses price extremums for the previous periods and calculates the ratio between the current price and extremums. Therefore, the only parameter is Period , which sets the number of bars to determine extremums. A long position can be opened when the red lines of the indicator start leaving the oversold area and break the -1 level upwards. A short position can be op
Surge
Pavel Gotkevitch
The Surge indicator combines the features of trend indicators and oscillators. The indicator measures the rate of price change and determines the overbought and oversold market levels. The indicator can be used on all timeframes and is a convenient tool for detecting short-term market cycles. The indicator uses price extremums for the previous periods and calculates the ratio between the current price and extremums. Therefore, the only parameter is Period, which sets the number of bars to determ
DEMA Crossing
Pavel Gotkevitch
The DEMA Crossing indicator displays the intersection of two DEMA (Double Exponential Moving Average) - fast and slow. The intersection area is filled in blue, when the fast DEMA is above the slow DEMA. The intersection area is filled in red, when the fast DEMA is below the slow DEMA. The advantage of the DEMA moving average is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator clearly defines the trend direction and p
Trend Sight
Pavel Gotkevitch
The Trend Sight indicator shows the Moving Average's percent change from the current bar to the other selected bar allowing you to track the smoothed price change rate, as well as trend strength and change. The uptrend is shown as a blue indicator line, while a downtrend is displayed in red. Close a short position and open a long one if the line color changes from red to blue. Close a long position and open a short one if the line color changes from blue to red. You should use a tight stop loss,
Trend Sign
Pavel Gotkevitch
The Trend Sign indicator is a modification of the MACD indicator (Moving Average Convergence Divergence), which allows determining the direction and strength of the trend, as well as a trend change. The indicator is based on two moving averages - fast and slow, and it can work on any timeframe. Uptrends are shown by blue color of the indicator line, downtrends by the red color. Close a short position and open a long one if the line color changes from red to blue. Close a long position and open a
DEMA Trend
Pavel Gotkevitch
The DEMA Trend indicator is based on two DEMA (Double Exponential Moving Average) - fast and slow. The advantage of the DEMA moving average is that it eliminates false signals at the saw-toothed price movement and allows saving a position at a strong trend. The indicator allows determining the direction and strength of the trend, and it can work on any timeframe. Uptrends are shown by blue color of the indicator line, downtrends by the red color. Close a short position and open a long one if the
T Channel
Pavel Gotkevitch
T-Channel is a technical indicator defining the current Forex market status - trend or flat. The indicator is based on TEMA (Triple Exponential Moving Average). The advantage of the TEMA is that it provides a smaller delay than a moving average with a single or double smoothing. The indicator is able to work on any timeframes, but H1 and higher timeframes are recommended to minimize false signals. The indicator displays a channel as lines located above and below the middle line. The upper and lo
TEMA Trend
Pavel Gotkevitch
The TEMA Trend indicator is based on two TEMA (Triple Exponential Moving Average) - fast and slow. The advantage of the TEMA is that it provides a smaller delay than a moving average with a single or double smoothing. The indicator allows determining the direction and strength of the trend, and it can work on any timeframe. Uptrends are shown by blue color of the indicator line, downtrends by the red color. Close a short position and open a long one if the line color changes from red to blue. Cl
TrendDetect
Pavel Gotkevitch
The Trend Detect indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can
Trade Helper
Pavel Gotkevitch
The Trade Helper indicator is a modification of the Trade Assistant indicator (by Andriy Moraru). The Trade Helper multitimeframe indicator is a good assistant for traders, useful as a filter in most trading strategies. This indicator combines the tactics of Elder's Triple Screen in a single chart, which lies in entering a trade when the same trend is present on three adjacent timeframes. The indicator operation is based on the principle of determining the trend on the three selected timeframes
Lotus
Pavel Gotkevitch
Lotus indicator combines the features of both trend indicators and oscillators allowing you to track the smoothed price change rate, as well as trend strength and change. The uptrend is shown as a green indicator line, while a downtrend is displayed in red. A long position can be opened when the indicator breaks the zero level from below. A short position can be opened when the indicator breaks the zero level from above. An opposite signal of the indicator can be used for exiting positions. You
DEMA Cross
Pavel Gotkevitch
DEMA Cross DEMA Cross - это мультивалютный трендовый советник, работающий на реальных счетах любого типа, на любом временном интервале, с любым начальным депозитом, с постоянным или изменяющимся размером лота, с четырех- и с пятизначными котировками, а также с брокерами, использующими различный тип заливки ордеров. Отличительной особенностью советника является его стабильность и, что особенно важно, его достоверность. Результаты проверки советника в тестере стратегий в 4-х режимах (2 основ
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noeldouzedouee
59
noeldouzedouee 2020.07.07 21:46 
 

je suit dsl mais la plupart des EA ne fonctionne pas cher moi .... une aide .?

agopriarolo
366
agopriarolo 2018.06.05 08:38 
 

I like this a lot. Developer did a really good job with this. And he's really helpful. A lot of noise with all those broken EAs, but this... is music.

Algoritmic Capital, Ltd.
2950
Branislav Truchly 2017.12.04 00:37 
 

User didn't leave any comment to the rating

Vijay Krishna
38
Vijay Krishna 2017.06.15 13:42 
 

its one of the great EA i have seen all we need to do work on it and it gives very good results and the author is very good he helps a lot many EA in the market is just fooling us and taking lot of money but this EA at affordable price and i am working in real account with this EA from 6 months

Alexandr Shtang
23
Alexandr Shtang 2016.10.26 11:29 
 

Тестирую на реальном центовом счете, советник отлично открывает сделки, закрывает не всегда в пике доходности, но тем не менее в стабильном плюсе. Тестирую неделю. Пока все отлично.

Aleksey Levashov
2667
Aleksey Levashov 2015.09.30 23:44 
 

I use an advisor two weeks. The results are impressive!

Reply to review
Version 1.3 2017.07.14
The Filter input parameter has been added to Vates version 1.3, which allows you to select different price smoothing types.
Version 1.2 2014.08.25
The EA algorithm has been modified: any timeframe can be used for EA operation and testing.
Version 1.1 2014.08.05
- Improved the functions that opens/closes positions.
- Added Use Trend parameter which enables/disables trend detection function.