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  • Comments (19)
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ZxPlus EA

FREE - NO GRIDS - NO MARTINGALES - FIFO COMPLIANT

This EA has sold for $249+ for years. But since we recently added it to MQL5, we want to get as many users as we can to test out this new version. 

Please backtest and post results in comments AND in our DISCORD GROUP

Join our discord group  for discussion, set files, indicators, etc... https://discord.gg/6ssKvfpjmz

The ZX Plus trading EA was developed over 5 years ago and has had 13 revisions/updates over the years. It is a trend based system and FIFO compliant. 

It's based on a number of built in indicators that work like this:

  • The system waits for a level 3 semafor (which shows highest high or lowest low that's at an important level).
  • Then it knows to look for a buy or sell based on the following
  • Slow moving average turns blue for buy, red for sell
  • Fast moving average turns blue for buy, red for sell
  • Heikenashi Zone Trade candle is same color as both moving averages (red for sell, blue for buy, gray is neutral)
  • The ZXplus-d  indicator turns same color blue/red (this is a MacD type of trend indicator built into the EA)
  • Once all conditions are met, the EA places one trade 
  • Where it Exits is YOUR CHOICE!
  • Default is close gray/close gray profit set to "true"

No other Expert in this market gives you so many options UNDER THE HOOD......

Trade Parameters:

  • Lot Size
  • Money Management True/False
  • Risk Calculate Type (Acct Balance, Acct Equity, Acct Free Margin)
  • Risk %
  • Stop Loss
  • Take Profit
  • Exit by Oppos Signal (SL & TP above optional)
  • Exit by Candle Close (great for daily or weekly charts. SL & TP above is optional)
  • Exit by Gray HA (trade closes on fist gray heikenashi candle no matter if it's in profit or loss. SL & TP above is optional)
  • Close Profit (Exit by Gray HA) - Trade will close on first gray candle when it's in profit (SL & TP above is optional)
  • Minimum Closing Profit in Points (this is to compensate for broker fees or slippage)
Trailing Stop Settings
  • Use Trailing Stop true/false
  • Trailing Stop Size (pips)
  • Trailing Stop Start (pips)
  • Trailing Stop Step (pips)

Time Filter Settings:

  • Trade on Monday true/false
  • Trade on Tuesday true/false
  • Trade on Wednesday true/false
  • Trade on Thursday true/false
  • Trade on Friday true/false
  • Trade on Saturday true/false
  • Trade on Sunday true/false
  • Enable time Filter in hour true/false
  • Start Trading Hour/Min 
  • Stop Trading Hour/Min

Other Parameters

  • Spread Filter (points)
  • Magic 
  • Slippage (points)
  • Show Account Info true/false
  • Account Info Color 
  • Break Even Stop Loss Activation in points
  • Break Even profit in Points
  • Maximum Acceptable Lot Size 




Video

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Miguel Jimenez Cordero
2453
Miguel Jimenez Cordero 2021.02.18 14:12 
 

En cours de test. Je reviendrai plus tard. 4 eroiles pour le travail du concepteur

Happy Scalper
290
Happy Scalper 2021.02.10 18:03 
 

SCAMMER!!! This isn't your EA. Your not even the author. Your name isn't even on it. Do you want me to tell you the name of the author? Wait, you probably already know that, right?

Lorraine Pierce
5863
Reply from developer Lorraine Pierce 2021.02.10 18:34
I had the EA coded for me, but it is MY idea and EA.
Stephanie Nicole Chavez
884
Stephanie Nicole Chavez 2021.01.21 16:32 
 

User didn't leave any comment to the rating

Lorraine Pierce
5863
Reply from developer Lorraine Pierce 2021.02.10 18:37
So because I sell and EA I'm not allowed to use other EA's also? I have 4 MT4 accounts trading various EA's. ZXplus is one of them. Maybe you should spend more time testing strategies and less time following me around the internet ;)
Reply to review
Version 1.7 2021.02.10
Took away true/false for trailing stop. Zero and it will not trail. Input a figure to trail
Version 1.6 2020.11.10
Fixed text to say Trade: Buy/Sell based on latest semafor
Version 1.5 2020.10.26
Bug fixed. Didn't effect trading.
Version 1.4 2020.10.18
This is a version that has max acceptable lot size removed.

it shows pips or points for the trade parameters