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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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Hello traders, I have designed ODIN AI with real results rigorously, impeccable for his wisdom and intelligence  , tool based on several of my previous   Strategies , adapting it to the   Forex Market , therefore it is adapted to the   artificial intelligence   of   machine learning , that is, the   AI   will read parameters and then consult them to my strategy, then it will learn so that the entries are of better quality, it also has a node where you can recover positions, another of the innova
1 100 USD
Darwin Swing MT4
Guillaume Duportal
4.79 (14)
Darwin SWING Launch price 999 USD , future price 1490 USD DESCRIPTIONS: -- To understand how it works, come read the blog (This EA reflects my philosophy of forex trading...If you like the way I look at it, then you will like my EA. Take the time to do it! (Forex is not a race): https://www.mql5.com/en/blogs/post/745790 -- To see the past performance here are the links of the signals Live and demo signals: https://www.mql5.com/en/users/tradedeal/seller EXPLANATION: After t
999 USD
Cherokee
Andrey Kolmogorov
5 (2)
Cherokee  - is a professional adviser based on a trend tracking system with an adaptive algorithm. New sets are in the "Comments" section comments #2-3. Signal: 6 currency pairs Main Advantages 6 currency pairs; The EA does not use Martingale; The minimum starting deposit is $300; No need to close the robot during news releases; It works with 4 and 5-digit quotes; A multi-level model of a quantum set. Working parameters Currency pairs : EUR/USD, GBP/USD, EUR/CHF, USD/CHF, USD/CAD, USD/JPY ,  
1 500 USD
XG Gold Robot MT4
Marzena Maria Szmit
4.53 (17)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
699 USD
Candle EA MT4
Mansour Babasafary
4.56 (36)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
830 USD
AU 79 Gold EA MT4
Abhimanyu Hans
5 (3)
AU 79 Gold EA is a gold trading expert advisor designed especially for trading gold. It is a 5 minute time frame scalper and its strategy is unique and used by institutions to trade gold, it trades at night for few hours when the volume is low and there is no news in order to maximize its accuracy and minimize the risk. Join our MQL5 group in order to download the latest set files which will be required to back-test and run the EA on real account. You are also welcome to join our private group w
500 USD
Dragon Multi EA MT4
Mansour Babasafary
4.71 (14)
3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term The price will increase by 100$ after every 10 p
520 USD
NightVision EA
Alexander Kalinkin
4.11 (27)
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/en/signals/author/dvrk78 Ask me for   the   recommended FX
550 USD
Never Dies MT4
M Ardiansyah
5 (1)
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
Making decisions about where to put your money can be a daunting task for an investor. But with The Investment Innovator, you can take control and make informed choices. My system is designed to provide you with, up-to-date information by analyzing vast amounts of market data in real time. Using sophisticated algorithms, I identify patterns and trends, giving you personalized recommendations that match your unique investment preferences. My goal is to help you stay ahead of the curve and capita
999 USD
XC Pips EA MT4
Marzena Maria Szmit
5 (13)
The XC Pips EA MT4 is an advanced automated trading system meticulously designed for the specific dynamics of the   GBP/USD   currency pair. Utilizing advanced technical analysis, the robot assesses historical and real-time data to   identify potential trends , key support and resistance levels, and other relevant market signals specific to GBP/USD. XC Pips EA opens positions   every day,  from Monday to Friday, and   all positions are secured   with Take Profit, Stop Loss, Trailing Stop, we inc
799 USD
Big Forex Players MT4
Marzena Maria Szmit
4.56 (18)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databas
1 299 USD
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THE [VIZUALIZER] is a MetaTrader (MT4) Script designed to visualize an account history. It will read the account statement and then will visualize the positions on chart in form of rectangles, showing the OpenTime, OpenPrice, CloseTime and ClosePrice. Generally, it has been developed to analyze the trading history, to observe how risky the particular positions were, allowing you to analyze the trading strategy from the account statement. It is working with standard MS Excel CSV files It is visua
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EA EMAGIC
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[EA] EMAGIC is a MetaTrader (MT4) Expert Advisor designed for use with two basic currency pairs EUR/USD and GBP/USD. With individual settings, it can work very well on other currency pairs 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 "EMA" and "Stochastic Oscillator". The strategy is working on Timeframe M5 only. It is very easy to set up and supervise. [EA] EMAGIC has a set of uniq
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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.