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Rainbow EA MT5

Description :

Rainbow EA MT5 is a simple Expert advisor based on  Rainbow MT5 indicator witch is based on Moving average with period 34.

The indicator is incorporated in the EA, therefore, it is not required for the EA to operate, but if you wish, you can download it from my product page.

The Expert Advisor settings are as follows :

Suitable for Timeframes up to H1


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

  • StopLoss ( Stop Loss in pips)
  • TakeProfit ( Take Profit in pips )
  • Magic number : ( set to 673291, is the  EA identifier. When running multiple instances of the same EA on one currency pair, this value should be changed for each instance )
  • Maximum Trade Duration ( in Bars )
  • Minimum Trade Duration ( in Bars )
  • TradeSize : 1.0 ( Trade size )
  • Maximum Slippage ( set to 3 )
  • MaxOpenTrades : 1 ( Maximum open trades per currency pair )
  • Hedging : true ( Hedging mode )

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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Description : Combination MT5 is a professional indicator based on the Stochastic Oscillator and Average True Range (ATR) technical indicators, thus, you can use it with any currency pair and any timeframe.Trade signals from Combination MT5 are drawn on the main chart in the form of arrows. When a blue arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell. You can set the alerts on/off. The Stochastic Oscillator and Average True Range (ATR) technic
FREE
Rainbow MT5
Jamal El Alama
4.33 (3)
Description : Rainbow MT5 is technical indicator based on Moving Average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, then this is a signal to buy. When price crosses below MA and MA changes color to red, then this is a signal to sell. The Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is now available here . MT4 version is available  here .
FREE
Cool indicator MT5
Jamal El Alama
4 (1)
Cool Indicator MT5 is a professional indicator based on Williams' Percent Range (%R) and Average True Range (ATR) technical indicators, thus you can use it with any currency pair and any timeframe.Trade signals from Cool Indicator MT5 are drawn on the main chart in the form of arrows.When a green arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell.You can set the alerts on/off. Average True Range ( ATR ) period is set to 14 Williams' Percent Range
FREE
Rainbow MT4
Jamal El Alama
Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. The Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available here .
FREE
Combination MT4
Jamal El Alama
2 (1)
Description : Combination MT4 is a professional indicator based on Stochastic Oscillator and Average True Range (ATR) technical indicators, thus you can use it with any currency pair and any timeframe.Trade signals from Combination MT4 are drawn on the main chart in the form of arrows.When a blue arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell.You can set the alerts on/off. Stochastic Oscillator parameters : Stochastic  %K period is set to 5 St
FREE
Description : Combination EA MT4 is a simple Expert Advisor based on Combination MT4 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 MT4 custom Indicator is based on Stochastic Oscillator and Average True Range (ATR) technical Indicators, both are set to their default values. If you wish you can download Combination MT4 custom Indicator for free from  my   product page . The Expert Advisor settings a
30 USD
Rainbow EA MT4
Jamal El Alama
Description : Rainbow EA MT4 is a simple Expert advisor based on  Rainbow MT4 technical indicator witch is based on Moving average with period 34. The indicator is incorporated in the EA, thus, it is not required for the EA to operate, but, if you wish you can download it from my product page . The Expert Advisor settings are as follows : Suitable for Timeframes up to H1 The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in pips) TakeProfit ( Take Profit in pip
39 USD
Description : RSI crossover MT4 Expert Advisor is based on Relative Strength Index Technical Indicator and works as follows : Buy order is placed when the Indicator crosses bellow Level 30 and the exit Buy when the Indicator crosses above Level 70 Sell order is placed when the Indicator crosses bellow Level 70 and the exit Sell when the Indicator crosses above Level 30 The Expert Advisor settings are as follows  : The parameters below can be set according to your trading rules. Magic Number : (
49 USD
Sensor EA MT4
Jamal El Alama
Description : Sensor EA MT4 is an advanced Expert advisor for MetaTrader 4, 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) TakeP
49 USD
Cool EA MT5
Jamal El Alama
Description : Cool EA MT5 is a simple Expert Advisor based on Cool Indicator MT5  . The Indicator is incorporated in the EA, thus, you don't need it as a separate tool for the EA to operate. Cool Indicator MT5 is based on Williams' Percent Range (%R) and Average True Range (ATR) and can be dowloaded for free from my  product page . The Expert Advisor settings are as follows : The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in points ) TakeProfit ( Take Pro
30 USD
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  : Ma
30 USD
Description : RSI crossover MT5 Expert Advisor is based on Relative Strength Index Technical Indicator and works as follows : Buy order is placed when the Indicator crosses bellow Level 30 and the exit Buy when the Indicator crosses above Level 70 Sell order is placed when the Indicator crosses bellow Level 70 and the exit Sell when the Indicator crosses above Level 30 The Expert Advisor settings  are as follows  : The parameters below can be set according to your trading rules. Magic Number :
49 USD
Sensor EA MT5
Jamal El Alama
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) TakeP
49 USD
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