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Price Catcher PRO

The Expert Advisor places pending orders with sharp price movement so as to catch this movement, regardless of whether it is false or not. If you have been trading Forex long enough, you might have already noticed these price spikes. The price starts a sharp movement in one direction, can sharply turn and hit stops and again go sharply in the direction of the first signal.

The EA is designed to catch these movements taking into account false signals and reversal movements. Pending orders are placed in the direction of price rollbacks at a given distance of N points when signals occur. The signal is calculated by breakthrough of the level set at the Step distance from the price and modified after a specified time TimeStep in seconds. The Expert Advisor works with 4 and 5-digit quotes. The EA uses 2 trailing stop types: first trailing is activated on the current bar (opening the market TrailingStep order), then trailing on highs/lows of previous bars/candlesticks is activated (BarCount).

The recommended minimum deposit is 1000 USD (1000 USD cent), the currency pairs are EURUSD and EURJPY. The Expert Advisor does not use high-risk trading strategies, like Martingale.

The EA includes a gap protection function, it closes all open positions before the end of trading on Friday and will not open any new positions until Monday - the TimeOnFriday parameter.

To test the EA, enable the visual mode in the the strategy tester and set all ticks with 99.9% simulation quality. You will not get normal testing with less precision quality of quotes.


Recommendations

Before running the EA on a real account, make sure to properly set up its parameters. Test it with 99.9% quality quotes for the last year for the instrument you are going to trade. I will periodically post optimized parameters (set files) in the comments to this Expert Advisor.


Parameters

  • Lots - fixed trading lot if MaxRisk = 0;
  • MaxRisk - the maximum risk in % for the calculation of the lot; if 0, then the lot size is fixed and equal to the value of Lots;
  • MaxLots - maximum lot;
  • MaxSpread - maximum spread;
  • TakeProfit - profit;
  • StopLoss - loss;
  • BarCount - number of bars for trailing; if 2, the calculation is performed by highs and lows of the last two bars;
  • Indent - shift in points from the bars' lows and highs (BarCount);
  • TimeFrame - timeframe for trailing, searching for bars' lows and highs (H1 - 60, M30 - 30, M15 - 15, M5 -5);
  • TrailingStart - start of trailing inside the open bar of the market order;
  • TrailingStep - step of trailing inside the open bar of the market order;
  • Slipage - slippage;
  • Step - shift in points from the virtual level price;
  • TimeStep - time of modification of the virtual level in seconds;
  • StepPendingOrders - distance from a price in points for placing a pending order;
  • ReversalOrder - placing a pending reversal order, if a false signal was received;
  • StepReversalOrders - distance from a price in points for placing a pending order;
  • Expiration - pending order expiration time in minutes (but no less than 11)
  • MaxOpenOrders - maximum number of open trades at a time;
  • MaxPendingOrders - maximum number of pending orders;
  • TimeOnFriday - time, after which trading on Friday is prohibited; if 0, then there is no prohibition (server time);
  • Magic - magic number;
  • TextColor - text color;
  • UpCol - upper line color;
  • DnCol - lower line color.


Strategy Tester Result with 99.9%

Expert Advisor testing for 1 year (21.08.2013 - 22.08.2014) on EURUSD.

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Total P - полностью автоматическая торговая система. Система использует в торговле основные закономерности рынка Форекс - возврат цены после резкого движения в любом направлении. Робот полностью оптимизирован и настроен на торговлю. Рекомендуемый Timeframe: M15 Рекомендуемый брокер: любой Рекомендуемая валютная пара: USDCHF Торговая система работает как на VPS так и на персональном компьютере пользователя. Максимально точные бэк-тесты и торговля на реальных счетах показывают высокий процент выпл
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Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
199 USD
TripleHHH
TripleHHH
INREXEA LIMITED
TripleH Price up : Due to coming version will be connected to my database . Price will be going up. Last 10 copies for this price , next price will be 2100 USD . Target back to 3888 . BackTest which can not see the full functions which all pairs are communicating among each others . Please watch signals : SignalMinitor   ::  Do not waste your time on Backtest New setup   Will soon upgrade to a non MQL version which connect to my database to get real data for users whom purchase from here on
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Sodobe Scalper
Sodobe Scalper
Nguyen Van Cho
Scalping solution provided by top 5% world Professional Traders,  verified for 20 years Very low risk No scam Never fired account => That's Sodobe Scalper The EA best works for   Gold XAUUSD  with default settings, broker Exness, pro account type to low spread .   And the target price will be: rent $90/month, buy $900 Scalping only on M1 time frame, always fixed Take Profit = 5 ATR, Stop Loss = 8 ATR and auto close when over buy/sell to get highest win rate and lowest drawdown. The average hold
490 USD
Wild Side MT4
Wild Side MT4
Marat Baiburin
Live monitoring of the Wild Side  https://www.mql5.com/ru/signals/962021 Demo monitoring of the Wild Side  https://www.mql5.com/ru/signals/956622 To correctly determine the trading time, you need to specify the broker's winter GMT time. you can read how to do this in my post:  https://www.mql5.com/ru/blogs/post/743531 Wild Side is a fully automatic expert Advisor for trading on the night Forex market. It does not use martingale, grid, or other "toxic" methods. Each trade is accompanied by a s
149 USD
Project V
Project V
Andrey Kolmogorov
Promotional price: only   for the first  5  buyers -  $349 . next   price  $399 . A trading advisor that uses in its work a strategy based on trend and countertrend algorithms, built on the principles of a quantum set of algorithms. When using the standard operating mode, only 1 order is always opened. The order is opened at the beginning of each trading day. By default, no additional set files are required. Signal Default:   EUR/USD Signal Grid:   EUR/USD Signal Martin:   EUR/USD Working
349 USD
Torpedo Forex
Torpedo Forex
Antonis Michos
Monitoring HERE If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) Torpedo Forex is my new NEURAL network project using advanced parameters for finding entries such as distances,Candle sizes,candles formations,break outs in an advanced way etc. The EA runs in my Live Signal   Along with Torpedo Gold Reco
159 USD
Xion
Xion
Aliia Aleshkina
There are 10 copies of the advisor left at the price of $ 149, the next price is $ 199 Hurry up to buy while the price is low enough! Xion       is a trading system based on the property of the market to correct itself at strong support / resistance levels. Two separate neural networks are used to generate a signal to open trades. The first neural network generates a signal, and the second analyzes the results of the first one and issues a confirmation to open a deal. The main principle of a tr
149 USD
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Copier MT5  is the fastest and most reliable copier of transactions between several MetaTrader 4 (MT4) and MetaTrader 5 (MT5) accounts installed on one computer or VPS server. Transactions are copied from the MASTER account to the SLAVE account, copying occurs due to the exchange of information through a text file with a speed of less than 0.5 sec., The parameter is configured. The transaction copier monitors all changes in the MASTER account with high accuracy, adjusts SL and TP levels, support
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Latency Arbitrage Indicator MT5
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The arbitration indicator displays the Bid price of the current and all brokers connected to it from different providers of MT4 and MT5 quotes. It is in addition to the adviser  Latency Arbitrage MT4  . The indicator can simultaneously display up to 5 connected quotes, and is compatible with MT5 versions. Data exchange takes place using a file. MT4 version of the indicator  Latency Arbitrage Indicator MT4 . The indicator can be used to find a fast / slow supplier of MT4 / MT5 quotations. Indic
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Price Catcher
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The Expert Advisor places a pending order in the price movement direction at the specified distance from the Ask/Bid price at N points when a signal is generated. The signal is calculated by breakthrough of the level set at the Step distance from the price and modified after a specified time TimeStep in seconds. The Expert Advisor works with 4 and 5-digit quotes. The recommended minimum deposit is 1000 USD (1000 USD cent), the currency pairs are EURUSD and EURJPY. To test the EA, enable the visu
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Volatility EA
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Expert Advisor for XAUUSD. Orders are opened when market volatility increases and price hikes. It is recommended to use this EA at brokers with low spread and on a VPS with low latency. You can begin with a deposit of $100. EA does not use in high-risk trading trading strategies like Martingale, and doesn't apply any technical indicators. Works directly with the 4 and 5 digit prices. Test mode "Every tick" at 99.9% modeling quality. With less precision quality of quotations, normal test won't wo
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Moving Average EA
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Vladimir Gribachev
The Expert Advisor trades at Moving Averages' crossings: Buying – MA1 is higher than MA2; Selling – MA1 is below MA2. Parameters Lots – lot; TakeProfit – profit; StopLoss – loss; Slipage – slippage; MA1,2_Period – smoothing period; MA1,2_Method – smoothing method; MA1,2_APrice – applied price; MA1,2_Shift – shift relative to the current bar; Magic – unique number; TextColor – text color.
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Grid
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Grid is a semi-automated grid strategy based Expert Advisor. This EA can be used as an addition to your trading strategy, if you trade manually, as well as it as a regular grid Expert Advisor. Previous experience of grid strategy based trading showed that fully automated grid EAs cannot make stable profit in the long run, since they do not account for the likelihood of a several hundred point' movement without rollback, which subsequently leads to loss of deposit. The important difference of the
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Envelopes Scalper
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Vladimir Gribachev
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Vladimir Gribachev
Gerda is a grid Expert Advisor. It features all the best qualities of a grid strategy, namely lot and grid step multiplier as well as trailing stop. It can also be used as a standard grid EA by setting LotsMultiplier and StepMultiplier parameter values to 1. Trailing stop can be disabled as well by setting TrailingStop parameter to 0. As you can see, the EA is quite flexible and easily customizable. The EA works both with large and small deposits with the minimum leverage of 1:100. Account type
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Adaptive MACD
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Vladimir Gribachev
Advisor to the MACD indicator using averaging open positions. It is recommended to use brokers with low spreads and low latency VPS. The minimum deposit is $100. Parameters BalanceRisk —Payment of the balance of trade of the lot. MinLot —Minimum lot if BalanceRisk = 0. LotMultiplier —Multiplier lot at drawdown. ProfitClose —% profit on the balance for the closing of all transactions. DrawdownClose —% drawdown of the balance to the closing of all transactions. Trailing —Start trailing in% of bala
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Martingale Plan B
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Vladimir Gribachev
The Expert Advisor uses averaging and the Martingale system. An initial trade is opened when the price touches or breaks through a price channel drawn at the distance of PriceStepChannel from the price and modified according to the TimeModifyChannel timer. If the price does not touch the channel level or cross it over a given period of time, no trade is opened and the price channel is modified. The Expert Advisor contains a function for limiting the opening of new orders in case a preset maximum
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My Trading Assistant
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Vladimir Gribachev
This is a semi-automatic Expert Advisor for maintaining deals opened manually. The EA has a functions of moving a trade to breakeven, closing positions at the given maximum drawdown or profit as a percentage of the balance, pips based trailing, trailing based on the previous bar extrema. The EA maintains positions of the current financial instrument not depending on the magic number or types of trades. It displays information on the chart of the chosen currency pair, showing the current profit i
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Ichimoku EA
Ichimoku EA
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The Expert Advisor is based on the Ichimoku Kinko Hyo. Includes functions for moving positions to breakeven, point based trailing, trailing based on past Hi/Low bars for a preset period. The EA provides advanced indicator settings and can detect the following signals: the intersection of the Tenkan and Kijun lines. the intersection of the Senkou Span A and Senkou Span B lines. price rollback from the Tenkan and Kijun lines. price rollback from the cloud. signal of three lines. price breaking thr
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MACD Expert
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MACD based Expert Advisor. Includes functions for moving positions to breakeven, point based trailing, trailing based on past Hi/Low bars for a preset period. The EA provides advanced indicator settings. Buy signals are formed when the histogram and the signal line are below the zero level of the indicator and the fast MA moves below the slow MA (each bar of the histogram is below the previous one), and the signal line is above the histogram. Sell ​​signals are formed when the histogram and the
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Market Energy
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Vladimir Gribachev
This is a fully mathematical Expert Advisor without any indicators. The EA uses a unique strategy based on the behavior of price and time. The product works even with small deposits. Recommended deposit is no less than 1000 USD (1000 USD cent), reserve of funds outside the trading account 100-300% of your initial deposit. The Expert Advisor uses high-risk trading strategies - Martingale and averaging based on a specific algorithm, it all depends on the trading signals. After your launch the EA,
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Daily Trend
Daily Trend
Vladimir Gribachev
Fully mathematical adviser without any indicators. Advisor is using a strategy based on the behavior of prices. Works even with low deposits. Recommended deposit not less than 1000 USD (1000 USD cent), shoulder from 1: 100. Powered by 4 or 5 sign on the use of highly liquid currency pairs (EURUSD, USDJPY, GBPUSD, USDCHF, EURJPY, USDCAD, AUDUSD). Timeframe does not matter. Monitoring of the EA: https://www.mql5.com/en/users/moneystrategy/signals Parameters BalanceRisk —Payment of the balance of t
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MathLab
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Vladimir Gribachev
This mathematical Expert Advisor applies no indicators. It can be especially useful for those focused on deposit growth. The product does not require constant optimization. The robot applies two strategies simultaneously: martingale and pyramiding. This allows it to work during both trends and roll-backs. The product works even with small deposits. VPS server is recommended. The product works on 4 and 5-digit quotes. Run it on high liquidity pairs (EURUSD, USDJPY, GBPUSD, USDCHF, EURJPY, USDCAD
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This Expert Advisor is based on a niche upgraded Forex strategy named Schrodinger's Cat. A sophisticated monitoring over a currency pair (GBPUSD) is the cornerstone of this trading strategy. The whole trading system is developed about this pair. The opening price of a new bar for a prescribed time-frame is considered as a reference point, and the price moves toward this point and flips back. Average market volatility values over a certain period of time stand for Buy and Sell levels. The EA work
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NeuroTrading
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Neural network expert advisor. Readings of seven indicators (RSI, MACD, AO, AC, Momentum, ATR, RVI) are provided to the input. It must be used on a VPS server only. Works with four and five decimal places. Run it on high liquidity pairs (EURUSD, USDJPY, GBPUSD, USDCHF, EURJPY, USDCAD and AUDUSD). x0-x11 parameters must be optimized for learning, values are ranged from 0 to 100 with a step equal to 1. Parameters StopLoss — Stop Loss level in points; TakeProfit — Take Profit level in points; Risk
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Ivan
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Vladimir Gribachev
This is a semi-automatic martingale-based Expert Advisor for fans of manual trading. The EA can trade in both directions at the same time forming a lock. It displays information on the chart of the chosen currency pair, showing the current profit in percentage, drawdown, today's and yesterday's profit, profit for the the current and the previous month. The EA displays Buy and Sell buttons on the chart. It works on 4 and 5-digits brokers. Before starting to trade, adjust the EA to your needs. Run
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Elysium
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Vladimir Gribachev
The Expert Advisor is based on the Ichimoku indicator with a dynamic stop loss. Parameters Lots — fixed lot; TakeProfit — take profit; StopLoss — dynamic stop loss; Timeframe — indicator timeframe; Tenkan_sen — Tenkan-sen period; Kijun_sen — Kijun-sen period; Senkou_span — Senkou Span B period; MagicNum_1 — magic number for the first signal; MagicNum_2 — magic number for the second signal.
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Fibo Expert
Fibo Expert
Vladimir Gribachev
The Expert Advisor is based on Fibonacci levels. In their turn, Fibo levels rest on ZigZag indicator. The trading is performed both on roll back from a Fibo level (Bounce off level) and on level breakthrough (Breaks the level).  Bounce off level  - when the price crosses the specified Fibo level, a Buy order is opened. Breaks the level  - when the price crosses the specified Fibo level, a Sell order is opened. The EA trades any currency pair, metals and stocks. All timeframes are supported.  Par
75 USD
ANIMAL
ANIMAL
Vladimir Gribachev
This is a grid EA that is able to expand an order opening step. It also features the initial lot multiplication factor. The initial trade is opened according to Moving Average indicator. When the bar closing price exceeds Moving Average, while the previous bar closing price is below MA, a buy order is opened. A sell order is opened in the opposite case. Parameters MA_Period – MA period; MA_Method – MA averaging method; MA_Price – MA price type; FirstLots – trade's initial lot; LotsMultiplier – l
125 USD
PRINTER
PRINTER
Vladimir Gribachev
This is a grid Expert Advisor using layers locking and lot step and size multiplication factor for further orders opening. The market is entered when the price has deviated from a moving average by an average value of the market volatility for n period. The market volatility is measured for n period per the specified timeframe. Usually, if the price goes outside the framework of its average volatility, it will strive to come back inside this framework. Each layer is either closed by trailing sto
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Daily Hi Low
Daily Hi Low
Vladimir Gribachev
The Expert Advisor places pending orders on a previous day's High and Low prices. TypeOrder parameter defines the type of pending orders. If TypeOrder is set to Stop , BuyStop order is placed at a previous day's High, while SellStop order is placed at a previous day's Low. If TypeOrder is set to Limit , Limit orders are placed at High SellLimit and Low BuyLimit prices. When either of pending orders is triggered, the opposite one is deleted. Unused orders are removed within a day (a day candle).
75 USD
Breakeven trades
Breakeven trades
Vladimir Gribachev
An Expert Advisor for placing a breakeven level automatically. Works with any number of orders irrespective of whether these deals are opened manually of by some Expert Advisor. It has two levels of breakeven placing which is perfect for scalping and intraday trading. The first stop loss modification to the breakeven level happens when the price profitably passes a distance set in pips in StartBreakeven_1 and is modified at the StartBreakeven_1 distance in points from the order opening price. Th
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BIG Fish
BIG Fish
Vladimir Gribachev
BIG Fish is a scalping Expert Advisor for trading highly liquid financial instruments. It uses momentum strategy of the market behavior and is highly adaptable to current conditions. The EA uses one standard Momentum oscillator available in MetaTrader4. Pyramiding system helps to increase profitable deals. If required, you can disable it by means of increasing order opening step. It has two levels of moving deals in breakeven to minimize possible losses and trailing stop to maintain positions. I
75 USD
Grinder
Grinder
Vladimir Gribachev
Grinder is a grid Expert Advisor. It works both in manual and automated mode. The EA is fully customizable, you can choose trade direction: only long or short positions, or to work in both directions, order opening step, factors of a lot and a grid step multiplication. In automated mode, the EA places 2 pending orders on High/Low price of the previous bar with an indent set by you. When one pending order triggers, the opposite one is deleted, and the EA works on the market order only. In manual
100 USD
Patriot
Patriot
Vladimir Gribachev
Patriot is a scalping Expert Advisor for trading highly liquid pairs, such as EURUSD, GBPUSD, EURJPY, USDCAD, AUDUSD. This is neither a grid, nor a martingale. It uses one standard Momentum oscillator and price movements analysis. The EA is easily adapted for current market conditions and does not require trader's interference. It has two levels of moving deals in breakeven to minimize possible losses and trailing stop to maintain open positions in order to receive the best profit. This EA requi
100 USD
Hammer
Hammer
Vladimir Gribachev
Hammer is a combined Forex strategy consisting of several trading strategies. The main market entry strategy implies a breakthrough or a pullback from the MA level over a chosen period. When the price reaches the moving average level, two pending orders are placed (STOP or LIMIT depending on the EA settings). Orders have stop loss and take profit. Profitable orders are accompanied by trailing stop. Extreme trading lovers can use additional trading strategies. A trader decides whether to use such
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Filter:
Francisco Javier Lucena Zurera
478
Francisco Javier Lucena Zurera 2017.02.05 01:07 
 

Very Bad--> Slippage during big movement

Atep Novic
1003
Atep Novic 2015.07.04 06:32 
 

User didn't leave any comment to the rating

Deevog
2345
Deevog 2015.04.04 16:03 
 

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[Deleted] 2015.03.10 09:31 
 

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Reply to review
Version 1.1 2015.07.02
Replaced functions of displaying trade information, trailing stop in points, trailing stop by extrema and added adjustable breakeven in points.