Market / MetaTrader 4 / Experts /

ArMoney

299 USD

Demo downloaded: 36

Published: 8 January 2021

Current version: 1.1

ArMoney

Experts
Vincenzo Maria Arricale
Version: 1.1
Updated: 19 January 2021
Activations: 5

ArMoney is an automated Expert Advisor which uses Exponential Moving Average (EMA) and Average True Range (ATR) indicators.

In case of unfavourable price movement, the EA automatically opens other trades up to a maximum number of trades set by the user. When a given profit is reached, all the trades are closed. Each opened trade has a stop loss to keep the maximum risk under control.

Price levels for trading signals, take profit and stop loss are computed as a function of ATR, so that the EA can adapt to the current market volatility. Users can modify the parameters with respect to their trading style (e.g. users may want to increase or reduce the frequency of the trades).

Set Up (Pairs, TimeFrame, Input Parameters)

The EA can work with any pair (and with any financial instruments) at any time frame. Backtesting showed that higher time frames (i.e. M30, H1, H4) give better results than lower ones.

Suggested pair are:

- EURUSD on M30

- EURCHF on H1

- USDCAD on H1

- CADCHF on M30

- AUDCAD on M30

- AUDNZD on H1

- GBPCAD on H1

- GBPAUD on H1

- GBPNZD on H1

- NZDCAD on H1

for which default parameters have been optimized. Default parameters must be downloaded at following link:

https://www.dropbox.com/sh/kfi5a3bm98k15es/AACyq2_d9eX7cFSY5bSosD-za?dl=0

To achieve a great performance, we highly recommend the use of brokers with low spreads and fair commission. Here is the link to register at the broker that we could experience the Best Performance for this strategy:

https://myvip.avatrade.it/register/step1/1?tag=rf12018116

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Input Parameters Description

LotsCorrection - It is just for testing. In Live Trading it must be set to "False"

RiskPerc - Maximum Percentage of the equity user wants to risk at each operation (when all the trades are opened and result in a loss)

EmaPeriod – Number of periods on which EMA is computed

AtrPeriod – Number of periods on which ATR is computed

StartingLot – Number of lots of the first trade

MaxNumberOfTrades – Maximum number of trades for each operation (when market moves against you)

No_of_ATR_for_Buy_Sell_Signal – No. of ATR of a price movement required to generate a buy/sell signal (it has an effect on the frequency of the buy/sell signals)

No_of_ATR_for_Other_Trades – No. of ATR of a price movement required to open other trades within the same operation (it has an effect on profit and stop levels)

StartingHour –Hour before which positions cannot be opened (broker time). It must be between 0 and 23

EndingHour – Hour after which positions cannot be opened (broker time). It must be between 0 and 23

PairLeverage – Symbol leverage (e.g. 100 means that a leverage 1:100 is used)

Magic Number - It is used to identify the EA operations when multiple EAs run on the same pair

Slippage – Maximum slippage accepted for each trade (in Points)

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Limitations

No limitations on the broker and leverage. However, performances are sensitive to the spread (obviously the less the spread, the better)

Starting lots and maximum number of trades should be compatible with initial equity and risk percentage (user could not have enough funds and/or could have a loss greater than their risk percentage). If it is not possible to open the lots the user specified, the EA alerts them and automatically determines the maximum lots compatible with their equity and risk percentage, and then apply them. If the computed lots are lower than the minimum required for that symbol, no trade is opened

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For Further Information, visit our Telegram channel

https://t.me/joinchat/F_RlP9V5Ky2lg0IQ

Live Testing

In the first figure, the performances on a real account are reported (performances start from November 16th 2020 when this EA has been used for the first time for live trading)

Copy Signal based on ArMoney EA

https://www.mql5.com/en/signals/903968

https://www.mql5.com/en/signals/937720#!tab=account

BackTesting

Performances reported in the back-tests do not imply the EA will be profitable in the next months/years

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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 :

499.99 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! NEW: Now also supports Ethereum! Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the tr

349 USD

Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, .... All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected sy

900 USD

"Dark Catcher" is your night hunter in a world of financial opportunity, where every dark shadow of the market becomes a source of light. This advisor is your reliable assistant, helping you penetrate the darkest corners of the market and identify prospects for successful trading. Let "Dark Catcher" illuminate your path to financial independence and achieving your goals in the financial market. About the advisor: “Dark Catcher” uses a Bollinger Bands channel, CCI indicator and several filters t

350 USD

This indicator computes a channel around the price based on highs and lows of the previous bars (whose number is set by user). The indicator provides alerts when upper or lower channel bands are crossed by closing price. User can receive a standard alert on MT4 and/or a push notification on Metatrader app. User can configure the indicator through the following parameters: InpPeriod - number of previous bars UseAlert - if set to True, enables visual alert on the display UsePush - if set to Tr

30 USD

This indicator computes two lines representing the price bar strength. Close, high and low of each bar are compared with the highest high and lowest low of the last N bars, where N is a parameter set by user. Two lines are computed, a red one and a green one, with values between 0 and 100. High values of the red line means that close is very far from the bar high, while high value of the green line means price is very far from the bar low . The indicator provides alerts when red or green line a

30 USD

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Version 1.1 2021.01.19

Some minor bugs fixed