Simple Expert Advisor

VELVET SEA:

a usable, free simple expert advisor by the maker of velvet.


CONCEPT

This expert advisor is designed for use with a VPS that has continuous connectivity and trades based on whether or not it detects decisive momentum in a market, and can be configured to trade all open charts in a session or for it to only be attached to one chart with a given set of parameters.  That makes it possible for Velvet Sea to trade different symbols with different parameters to suite the needs of the user, because different instruments might have different degrees of leverage and the cost of the spread might be an order of magnitude apart.  So it trades based on the behavior and the direction of the market and that makes it possible to allow this product to take the emotions out of trading; set how often and how much it trades by setting the parameters.  The frequency of trading events depends on the degree of leverage that is offered by each user's broker, and so the default settings might not be suitable for all investors.  However, given due diligence and testing with demo accounts, some users may experience growth in excess of 100%; this should not be expected for most users.

INPUT PARAMETERS

  • input int PeriodInBars=6; This is the base averaging period.  The advisor will double the length of the base averaging period and check the averages obtained in that sequence for order, either increasing or decreasing, to detect decisive momentum that will trigger trading activity in the user's account.  The averaging period is listed in "bars" so this also depends on the time frame of the chart being displayed in the session
  • input int PeriodsToCheck=4; This is the number of times the algorithm will double the duration of the averaging period to determine if the averages are in increasing or decreasing order as the averaging period is doubled.
  • input int PeriodTimer=60; This is the amount of time that the algorithm allows to elapse between attempting to detect decisive momentum that will trigger trading activity in the user's account.  This parameter is in units of minutes, so 60 seconds = 1 minute, 300 = 5 minutes.
  • input double InputVolume=0.01; This is the size of the trade that will be placed by the algorithm if it is able to detect decisive momentum.  0.01 corresponds with the default lot size for forex trading with EagleFX.
  • input bool ChartLocked=true; This is the flag that determines if the expert advisor's parameters will be applied to all charts in the session or only the chart that it was applied to.  The default value is true and that corresponds with the notion that all symbols are different and any two different symbols may have significantly different levels of leverage that would make one set of uniform parameters inappropriate to use for both.
  • input bool RiskAverse=false; This is the flag that determines whether the algorithm will trade against momentum or with momentum.  Risk Aversion can be observed better by correlating the data provided by the Bifurcated Averages Analyzer and the direction of price action.  If prices and the Bifurcated Average move together this is a risk averse market, otherwise the market is in a continuation posture. 
  • input bool ClearWeekly=false; This flag determines if the the advisor should run a routine to close all positions once a week.  It is currently set to execute this command at the beginning of the week. (Sunday evening in the U.S., Monday morning for Asia-Pacific Coast)  A delay was programmed in to keep the session from crashing, so it closes just under a hundred positions a minute, which could take a long time to clear out if the volume of trade is sufficiently high. 

A WORD ABOUT APPROPRIATE PACE V. INAPPROPRIATE PACE

It is critically important not to overleverage your trading account, because if you do, in most cases you likely lose close to your entire balance if you use too much leverage.  This advisor will not stop you from entering a pace and volume of trading activity that is inappropriate and the individual investor must calculate out what their margin requirements will be and their ideal degree of leverage to be certain that they do not run into a liquidation condition.

TRADE FRIENDLY.  DON'T GET LIQUIDATED.

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WINTER SALE — LIMITED TIME! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results:   https://w
Gann Gold EA MT4
Elif Kaya
5 (2)
Experts
Live signal   (more than 600% Profit in 7 Weeks - DrawDown<9) - Final real price is 999$ - Discount and price is 299$ (Next price is 400$) ,  Price will be increased after 3 purchases. Welcome, Gold GANN Expert opens automatically trade with Highly profit, Fixed small Stop loss. After purchase, You will receive one more EA for Free! Contact me for this BONUS! (BUY 1, GET 1 FREE) - Lifetime update free No Martingale, No Grid, No Scam I am focused on help my clients, not just earn.
Two Sided Scalp MT4
Connor Michael Woodson
5 (2)
Experts
Two Sided Scalp allows you to select 2 pairs to trade, then both pairs are scalped at the same time on 1 chart. Recommended Pairs Examples (GBPUSD and USDCHF, EURUSD and USDCHF, AUDUSD and GBPUSD) Two Sided Scalp live signal available! Current price will be increased. Limited time price 75 USD No grid, no martingale Recommended Chart: Trades 2 symbols on 1 chart (single-chart setup) Timeframe: H1 Inputs Lot Size Calculation Method - Select auto lot or fixed lot Fixed Lot Size -  Fixed lot size
KT Gold Nexus EA MT4
KEENBASE SOFTWARE SOLUTIONS
5 (2)
Experts
ICMarkets Live Signal: Click Here What You Need to Do to Succeed with KT Gold Nexus EA? Patience. Discipline. Time. KT Gold Nexus EA is based on a real-world trading approach used by professional traders and private fund managers. Its strength is not in short-term excitement, but in long-term consistency. This EA is designed to be traded over time. It is recommended to stay invested for at least one year to experience its real potential. Just like professional trading, there can be losing weeks
Golden Scalper PRO
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Experts
Golden Scalper PRO: Our Technology by Your Side! Manual and configuration files: Contact me after purchase to receive the manual and configuration files. Price: The price increases according to the number of licenses sold. Available copies: 3 Trading gold, one of the most volatile assets in the financial market, requires high precision, thorough analysis, and extremely effective risk management. Golden Scalper PRO was developed precisely to integrate these pillars into a robust and sophisticate
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Experts
Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode. Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor u
Gold Mining EA
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Experts
Gold Mining EA is a sophisticated automated trading system that combines momentum-based technical analysis with intelligent grid management. Designed primarily for trending markets like Gold (XAUUSD),  this EA uses a unique combination of Aroon Oscillator and RSI indicators to identify high-probability entry points while managing risk through multiple protective mechanisms. Trading Style: Grid Trading with Trend Following Best Instruments: XAUUSD (Gold) Recommended Timeframe: M15(15-minute) Mini
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Cristian Mihail Pauna
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Cristian Mihail Pauna 2022.12.14 12:33 
 

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Prathamesh Prakash Gawde
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Prathamesh Prakash Gawde 2022.06.14 06:13 
 

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