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Multifunctional Expert Advisor for MetaTrader 4

The EA's algorithm is based on versatility principle. The EA can work in three different modes that can be switched independently. DigitalFilterA indicator readings are used as trading signals. The indicator's algorithm is based on the highly efficient digital filter. The unique digital filtering algorithm provides users with trading signals in a timely manner and also allows them to assess the current situation objectively when performing technical analysis. The indicator can be used both on smaller and higher periods equally well.

Unlike conventional indicators, digital filtration method significantly reduces phase lag, thus providing a clear signal earlier as compared to other indicators. During the analysis, the EA can use data from the current and higher periods increasing the reliability of the incoming signals. A unique algorithm is provided in order to optimize the trading system parameters.

The EA can work simultaneously in two directions - buy and sell. If necessary, the EA can be configured only for working in one direction. Profitability and risks can be managed by changing the EA operation modes.

Operation Mode

Initial order volume is calculated automatically when enabling the proportional calculation function. If the price moves against the position, the averaging order is opened automatically when the averaging function is enabled. The averaging algorithm can be flexibly adjusted by special input parameters. If necessary, the algorithm of proportional volume and averaging calculation can be enabled in the EA's input parameters. In that case, the EA follows the indicator signals from the current and auxiliary timeframes, while the risks remain minimal.

Input parameters

Most Relevant Parameters

  • MagicNumber - unique ID of orders.
  • Start Time - time to start opening new series.
  • Stop Time - time to stop opening new series.
  • Drawdown - prohibit opening new series at the specified drawdown. If a Buy or Sell series has been started and the specified drawdown is reached, an opposite series will not be opened until the started series is completed.
  • Balance - balance for proportional calculation of the initial position volume. If 0, the function is disabled and initial position volume is equal to Lots_.
  • Lots - the reference volume for proportional calculation of the initial position volume.
  • OffMM - disable the volume increase algorithm when averaging a series. If enabled, all positions are opened with the same volume.
  • Slippage - maximum deviation from the requested price when opening and closing market positions.

Group of parameters for buying

  • Buy - permission to open buy positions.
  • Max_buy - maximum number of buy positions opened simultaneously.
  • SL_buy - stop loss of the initial position in points.
  • TP_buy - reference take profit level of the initial position in points.
  • OPK_buy - indent from the last buy position (in points) for setting the next position.
  • TPK_buy - ratio for changing take profit level of the averaging position in percentage from TP_buy.

Group of parameters for selling

  • Sell - permission to open sell positions.
  • Max_sell - maximum number of sell positions opened simultaneously.
  • SL_sell - stop loss of the initial position in points.
  • TP_sell - reference take profit level of the initial position in points.
  • OPK_sell - indent from the last sell position (in points) for setting the next position.
  • TPK_sell - ratio for changing take profit level of the averaging position in percentage from TP_sell
  • MarketExecution - stop loss and take profit for market orders are set only after the orders are opened. This parameter should be used when working on an ECN account.
  • History - enable signal database preparation mode for further optimization or testing in the strategy tester.
  • Optimization - enable special optimization or testing mode. This mode significantly reduces the consumption of system resources substantially shortening the time required for optimization or testing. In this mode, the signal database instead of the indicator is used for defining the signals.
  • Maximal drawdown - the maximum allowable drawdown as a percentage of the active account balance. When this value is reached, all positions opened by the EA are closed. After this trading starts from the beginning.

Percentage Trail Stop Loss

  • Use Trailing Stop - enable the trailing stop function. If false, trailing stop is disabled.
  • Trailing Stop level - as soon as profit in points becomes equal or greater than the specified level, the command for placing a Stop Loss order is issued automatically. The order level is set at the specified distance from the current price. If the price moves in favorable direction, the trailing stop automatically moves stop loss following the price. Otherwise, the order is not modified.
  • Trailing Stop step - step size in points.

Indicator Inputs

  • TFC - chart timeframe used for defining the current global price direction.

Common parameters

  • Alerts - trade alerts.
  • Comments - comments when working with a trade server.
  • Sounds - sounds when performing trading operations.
  • Visualization - visualization of trades on the chart.
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ONLY 8 COPIES OUT OF 10 LEFT AT $1399! After that, the price will be raised to  $1749 My telegram channel:   https://t.me/new_signals My telegram contact:  https://t.me/paveludo My WeChat ID: PavelUdo North East Way EA  it is a fully automated “rollback” trading system, which is especially effective in trading on popular “rollback” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading - the return of the price after a sharp movement in any di
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EA Beast
Ramil Minniakhmetov
The EA uses a reversal model, taking into account the nature of the movement of currency pairs to return to its trading range. The trading system is suitable for both experienced traders and beginners. The EA has protection against high spreads and allows you to trade with a fixed or automatic lot size. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Inputs Value New Cycle  —   when enabled, the
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Perfect Score
This robot enters the market at the opening of London Stock Exchange (LSE). It is based on short-term reversal patterns which use the tendency of FX prices to move toward their average value during the LSE session . The EA does not use indicators, grid, martingale, arbitrage. The trading system is suitable for both experienced traders and beginners. The EA includes protection against high spreads, and allows you to trade with a fixed or automatic lot size. Monitoring - most popular signal at MQL
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Gennady Sergienko
Are you a trader ? Identify SCAM and share profitable EA: Join our community  GoGoPips 🚀   of find on telegram;   Ruxzo This is a fully automated trading robot that has several trading modes: Pre-Rollover a strategy in which trading begins before closing sessions, the EA collects TP against the background of a oscillating market; Take profit:  8-10% from ATR; Stop-Loss:  1-15% (depending on the trading lot); Minimum deposit: 50USD; Symbols:   AUDUSD, EURUSD, EURGBP, GBPCAD, GBPA
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Yip Sin Hang
My only channel :  https://t.me/InrexEA FTMO challenge is available , Please contact me by best setting for it . My another Best Product recommended with Live Result :  🔥   FiveElemenets   ⭐   StoneBreaker Lite Final Version monitor :   Here    Before you buy all of my product please be aware of the risks involved: 1) Please do not over believe in backtesting result . No one can 100% predict the future . 2) I do not use any .set file , Because I believe that the best strategy should
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Magic Seven MT4
Ozkan Kara
Price: $995        This price is only for first 5 buyers ! Next Price: $1295   Magic Seven  is a fully automated  EURUSD Daily Trend System. Before London Trading Season, EURUSD movements are small and predictable. The system focuses only   Small and Steady Profits . The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses fixed stoploss for every position. I will always help you, please contact me ! General Strategy Definition Correct Open Time:    It opens
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Konstantin Kulikov
I have been developing, testing and correcting this automated scalping system for a long time: https://www.mql5.com/en/signals/author/test-standart .   Last settings for EA in the comment: #2009 🛑  Telegram channel with news:   https://t.me/EAFXPRO 🛑   Telegram group for questions and discussion:   https://t.me/EAFXPRO_chat Highlights to pay attention to 1 . During live operation of the EA, the GMT offset parameter is determined automatically based on local time of the computer (GMT_Offset_
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Bear Vs Bull
Steven Anderson
Bear Vs Bull is a fully automatic Scalping Expert Advisor based on price action. The EA strategy trades purely price action with no lagging indicators which has a highly developed trading algorithm programmed that has passed through extensive testing over many years. Best used with Major Pairs GBPUSD, EURUSD, AUDUSD, USDJPY and is best used with reputable Low Spread ECN Brokers. All orders are protected by stop loss. Real Account Monitoring: https://www.mql5.com/en/signals/300687 PM me for set
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Marco Solito
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Version 6.9 2020.07.05
Improved algorithm.
Version 6.8 2018.08.20
Improved algorithm.
Version 6.6 2018.07.13
Improved algorithm.
Version 6.5 2018.05.31
Improved algorithm.
Version 6.4 2018.05.30
Added new parameters and functions.
You can set the hours of trading.
You can limit the beginning of the new series.
You can disable the increase in the size of orders.
You can enable the Trailing Stop.
Improved algorithm.
Version 6.0 2015.01.08
Added a new option - "Maximal drawdown".
Improved algorithm.