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EA MECHANIC

[EA] MECHANIC is a MetaTrader (MT4) Expert Advisor designed for use with three basic currency pairs EURUSD, GBPUSD and AUDUSD. With individual settings, it can work very well on any currency pair as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions.

  • It is based on standard MT4 indicators "Bollinger Bands" and "Parabolic SAR".
  • The strategy is working on Timeframe M5 only.
  • It is very easy to set up and supervise.


Features

  • It can be individually adjusted to use on any currency pairs of your choice.
  • It has implemented money management and risk management settings.
  • Additional functions to test the response during different market situations.

This EA is fully automatic, we recommend to monitor it though. In other words, you can simply switch it ON and let it run, but you should always supervise it. The market is unpredictable and no fully automatic system can handle unexpected market behavior, especially situations when macro-economic data are released.

The EA should be set to work from 9:00 to 15:00 CET (FRANKFURT), which means since LONDON session start till the first hour of NEW YORK session (14:30 CET is the usual time when the U.S. macro-economic data are being released).


Backtesting

The Expert Advisor is delivered in default "factory" settings, which are set to work on the three basic currency pairs EURUSD, GBPUSD and AUDUSD. Please be aware, that testing any system on historic data will never give you any information about how it will work in real live market conditions. We do not comment any backtest results.


Input Parameters

  • EnableMM: enable MMRisk function
  • MMRisk: risking set percentage of the account's equity
  • FixedLot: fixed position size
  • TPOnSLRatio: SL (x) this multiplicator = TP value
  • SoundAlert: to enable sound alert for "position-open"
  • SoundName: the sound file to use as sound alert
  • PushAlert: to enable the Push Alerts
  • EmailAlert: to enable the Email Alerts
  • AllowMultipleSignal: to enable multiple signals
  • MinTimeGap: minimum time in between 2 signals
  • PositionLimit: maximum number of opened positions
  • Openreverse: the EA will open reversed position
  • OpenHedged: the EA will open 2 hedged positions
  • SetSLTPOnEntry: SL and TP will be set automatically
  • AddSpreadToSLOnSellEntry: SL+spread for SHORT positions
  • MinSLToOpenTrade: minimum SL to open trade
  • MaxSLToOpenTrade: maximum SL to open trade
  • ProfitReached: if position reaches certain profit, then:
  • ProfitLocked: move the SL to minimum profit
  • BBPeriod: internal BB indicator settings
  • BBDeviation: internal BB indicator settings
  • BBApplied: internal BB indicator settings
  • MinMiddleLineDistance: signal valid if "x" pips from SMA
  • PSARStep: internal PSAR indicator settings
  • PSARMaximum: internal PSAR indicator settings
  • PSARTrailing: move trailing stop with PSAR
  • TimeFilter: limit the time period when EA works
  • StartHour: internal PC clock - start hour
  • StopHour: internal PC clock - end hour
  • MagicNumber: change this number to any.
  • TradeComment: change the text to anything.


If You Already Purchased The Product

Please write a private message to us, we will send the User MANUAL with description of the functions, also will give you recommendations on how to trade live, etc.


Author

Antonin Skaryd, private investor and market analyst, software developer and founder of the FUTURE ENTERPRISE company.

[EA] MECHANIC is fully functional and exact mechanical trading strategy with no place for emotions or non-systematic trading approaches or random trader's behavior. It has an exact entry point and an exact exit point.

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A mathematical multicurrency trading system based on the principle of a neural network. It uses a general database of algorithms "S1M1" consisting of the most stable trading algorithms in its work. Before getting into the "S1М1" general database of algorithms, each block of conditions has passed the testing for stability with the identification of certain market dependencies for that block. A network created in such a way allows the EA to automatically select the most optimal variant of response
1 290 USD
GerFX Density Scalper
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
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AI short trade
Pinjia Liu
This is a short-term trading strategy, which has been tested by several currency pairs for 15 years and can make steady profits. Signal: https://www.mql5.com/zh/signals/852521 T elegram :  https://t.me/joinchat/IXWIkBrWHVoGILEC08BUEA parameter: RiskSwitch - Money management switches (true) are used for automatic lots  (false) for fixed lots. Lots -  for fixed lots Risk -  Automatically obtains LOTS based on margin/stop loss/risk. Stop_Loss - Set the stop loss Take_Profit -  Set up check sur
860 USD
SFE Gold Fever
Joel Juanpere
The system place the trades based on the trend. Is adequate for symbols which usually moves in strong trends, or any symbol which has enter in a trend period. For this reason, works very well with XAUUSD (GOLD/USD), because this symbol tend to move in strong mid/long term trends (like Bitcoin) and as is an uptrend in the long term, use the system only in the long side, can boost the performance. The objective of the system is over perform the performance of a symbol in trend, in the long ter
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Bober Lannister
Arnold Bobrinskiy
Bober Lannister MT4  - is fully automated cross platform trading robot. Only one trade at a time. No "Recovery algorithm (martingale)" or other dangerous strategies involved. Next order lot size always the same according to Risk settings regardless of achieved result by previous one. Virtual TP and SL  keeps the same distance. Live settings optimized by using real ticks data. Much attention has been paid to forward test results to avoid overfitting. MT5   version of   Bober Lannister   here 
900 USD
KonokaSystemNEO
Nobuyoshi Murase
KonokaSystem.NEO is one of the 3 sisters (NEO・JOY・FUN) that inherits the DNA of KonokaSystem and has a new personality, and is the original EA. The difference with Konoka System is the difference between risk avoidance by statistics (old) and risk avoidance by technical (new). In addition, the 3 sisters are equipped with 2 types of entries and 2 types of exits, each with different logic. The trading style is a day trade targeting from 00:00 to 13:00 Japan time. No grid or martingale logic is
600 USD
GerFX Forex Cyborg
Exler Consulting GmbH
Forex Cyborg is a established expert advisor since 2017 on the market. There is a huge number of customers that trust in Forex Cyborg already and now it's newly available here on the MQL Store. Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability.  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) An
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Bitcoin guru
Paschal Uchenna Ugwu
Live signal  https://www.mql5.com/en/signals/893247 The issued expert advisor(BTCG) is a result of several years of forex trading research  practice on thousands of strategies, multiple indicators of forecasting, aimed at creating the beauty of online trading perfection, By combining several strategies and algorithms in our expert advisors at changing each tick price, with the utmost precision and lightening speed. what ever you need as a trader the robot gives it in a fraction of seconds, we em
30 000 USD
Scalp Trader
Stefan Petkov
The Scalp Trader is trading with our own REAL MONEY. We are not relying on back-testing! We are confident in our knowledge and experience in the Forex Market!  Live signal monitoring :  https://www.mql5.com/en/signals/804846 Please note that the Backtest has been performed on MT5 terminal due to its ability to test different time frames and different currency pairs on the same time, however if you want to Backtest the MT4 version you can activate the single pair mode. Scalp Trader is a unique tr
1 699 USD
GerFX QuantFlow Scalper
Exler Consulting GmbH
Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but stil
900 USD
GerFX NightWalker EA
Exler Consulting GmbH
Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but stil
525 USD
MT4 Binary Option EA
Nianfu Li
Function This EA is a signal alarm and automatic trading system on MT4 for binary option. The requirements for the platform: Signal alarm is applicable to all MT4 platforms. (Operation (manual) signals for the MT4 or Web binary option trading.) Automatic trading only applies to the MT4 platform that supports automatic trading the binary options. On such MT4 platform, using automatic trading does not require any BO plug-ins; the binary option can be traded directly as the Forex symbol. Use A. T
588 USD
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Version 2.10 2020.03.31
This is the 2020 compilation of the original product, which has proved to be effective in 2015 as well as in 2020.