Market / MetaTrader 4 / Experts /

Reversal PRO EA

39 USD

Demo downloaded: 93

Published: 22 October 2020

Current version: 1.1

Reversal PRO EA

Experts
Nguyen Tran Ha
Version: 1.1
Updated: 2 November 2020
Activations: 10

Reversal PRO EA is developed base on the PipFinite Reversal PRO Indicator, one of the best indicator on the market so far. Reversal PRO effectively combines price action, ideal location and reliable statistics in one smart algorithm. This EA open order when the indicator has buy/sell signals and set SL/TP follow the indicator rules. You can read more information about PipFinite Reversal PRO indicator here.

Important Information

This EA will only work if you purchased PipFinte Reversal PRO indicator.
To use or test EA must set the "Use Reversal PRO Indicator " parameter to TRUE.
It works with all symbols.
This EA is ensured to work exactly like the original indicator, however, the profit you earn is depended on your own strategy. Try to back-test with different settings for each symbol to figure out the most profitable one for that symbol before running on real account. Make sure that you have sufficient history bar for testing.
Run EA on any timeframe of a symbol, it also open orders in other timeframes of that symbol, depending on your "Trade on Timeframe" parameter.
Zero spread account is recommended.

Input Settings

INDICATOR SETTINGS

Use Reversal PRO Indicator – To use or test EA, you must set to TRUE.
Indicator Path – This is the default indicator path.
Signal Period - the number of bars used to calculate the signal.
Zone Period - the number of bars used to calculate dynamic Support/Resistance Levels.
Zone Deviation - the factor used to determine the distance of Support/Resistance Levels relative to price.
Stop Loss Selection - the stop loss strategy applied.
Take Profit Factor - the multiplier used to calculate take profit levels.
Maximum History Bars - the maximum number of bars used.

BASIC SETTINGS

Lot Options

Fixed Lot Size (Lots): Use fixed lot size. When choose this option, the "Lot Size" parameter value must be number of lots.
% of Balance: Calculate lot size base on percent of balance. When choose this option, the "Lot Size" parameter value must be percentage number.

Lot Size (Lots or %) – The value of the above Lot options
Success Rate – Open order when Success Rate is higher than this input.
Take Profit Options

Take Profit on TP1
Take Profit on TP2
Half TP1 and Half TP2
TP1, TP2 and Opposite Signal
Opposite Signal: Take profit on opposite signal or riding the trend until it reverses.
Use Fixed Take Profit

Fixed Take Profit (Points)
Stop Loss Options

Indicator Stop Loss
Opposite Signal: Stop loss when trend reverse or opposite signal
Stop Loss equal TP1
Stop Loss equal TP2
Use Fixed Stop Loss

Fixed Stop Loss (Points) – Fixed stop loss value. This parameter is only use if "Stop Loss Options" parameter is set to "Use Fixed Stop Loss".
Stop Loss Factor – Use to multiply with stop loss option.

ADVANCE SETTINGS

Reverse Trades – If this parameter is set to TRUE, when the indicator has “BUY” signal, the EA will open "SELL" orders. Moreover, the TP in this case becomes SL and vice versa.
Break Even - Move stop loss to entry.
Points from Entry
Trailing Stop when TP1 Hit - Start trailing stop when TP1 hit.
Trailing Step (Points) - Use with Trailing Stop
Max Open Orders
Magic Number - Using magic number can sort out which position is sent by which EA and manage them independently
Trading Time - This parameter using broker time.
Buy or Sell Only
Max Spread (Points) - EA will not open orders if spread is higher than this.
Trade per Signals

INDICATOR FILTER

Use MA - Use MA to filter trades.
MA1 and MA2- When MA1 is above MA2 only open Buy order and vice versa.
Use Stochastic
Buy when Stochastic Below
Sell when Stochastic Above

TIMEFRAME SETTINGS

Trade on Timeframe - The timeframe that EA will open orders.

NOTIFICATION SETTINGS

Enable Pop-up Alerts
Enable Push Notification Alerts

Other products

Trend PRO EA: https://www.mql5.com/en/market/product/56904
Breakout EDGE EA: https://www.mql5.com/en/market/product/56909
Impulse PRO EA: https://www.mql5.com/en/market/product/56697
Reversal PRO EA: https://www.mql5.com/en/market/product/56692
Exit EDGE EA: https://www.mql5.com/en/market/product/56698

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Impulse PRO EA is developed base on the PipFinite Impulse PRO Indicator, one of the best indicator on the market so far. This EA open order when the indicator has buy/sell signals and set SL/TP follow the indicator rules. You can read more information about PipFinite Impulse PRO indicator here . Important Information This EA will only work if you purchased PipFinte Impulse PRO indicator. To use or test EA must set the "Use Impulse PRO Indicator " parameter to TRUE . I

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Exit EDGE EA is developed base on the PipFinite Exit EDGE Indicator, one of the best indicator on the market so far. This EA open buy/sell orders when the indicator has Exit Sell/Buy Strong signals. You can read more information about PipFinite Reversal PRO indicator here . Important Information This EA will only work if you purchased PipFinte Exit EDGE indicator. To use or test EA must set the "Use Exit EDGE Indicator " parameter to TRUE . It works with all symbols.

39 USD

Trend PRO Expert Advisor is developed base on the PipFinite Trend PRO Indicator, the best indicators on the market so far. PipFinite Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. This EA open order when the indicator has buy/sell signals and set SL/TP follow the indicator rules. You can read more information about PipFinite Trend PRO indicator here . Important Information This EA will only work if you purchased PipFin

39 USD

FractTrend PRO EA algorithm detect the entry point base on the Fractal and EMA indicator. How EA works: Bullish entry When a trade is opened, the take profit must be set at the same distance from the last "swing" and if the price goes against the entry, a cover (sell stop) will be opened at 10 points. This sell stop must be programmed at a lot of 0.02 and as the price progresses towards that sell stop, hedges must be started every 10 points adding one lot each time, example: 0.02 the next

39 USD

Trend PRO and Breakout EDGE Expert Advisor is developed using the PipFinite Trend PRO and Breakout EDGE Indicators, the best indicators on the market so far. PipFinite Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. Whereas PipFinite Breakout EDGE follow a step-by-step system that detects the most powerful breakouts, discover market patterns that generate massive rewards based on a proven and tested strategy. This EA open order

49 USD

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Version 1.1 2020.11.02

Bugs fixed