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VAInsideBarsTrader

5

The EA works in two modes: semi-automatic and manual (Operating mode parameter). In automatic mode the EA determines trend direction automatically (Trend Period automatic operation mode and Trend coefficient parameters). Trades are entered according to data of the Inside Bar indicator. The EA's operation logic in semi-automatic mode corresponds to the logic of automatic mode except of one thing. A trader should set a trend direction in settings (Direction of trade semi-automatic operation mode parameter). Expert Advisor parameters have not been optimized.

The EA was tested in the strategy tester and showed good results on EURUSD with the D1 timeframe.


Parameters

  • Operating mode — Expert Advisor operation mode (Semi_automatic, Automatic);
  • Inside Bar Indent in point — indent form the inside bar where pending orders will be placed;
  • Trend Period automatic operation mode and Trend coefficient — determines trend direction for the automated mode of EA operation;
  • Time life pending order — this parameter is set in hours. Pending orders are removed upon the expiry of these hours;
  • Direction of trade semi-automatic operation mode — trend direction (only for the semi-automatic mode). Buy, Sell, BuyAndSell — both directions;
  • Ratio of profit a loss the first order - ratio of take profit and stop loss sizes for the first order.
  • Ratio of profit a loss the second order - ratio of take profit and stop loss sizes for the second order. The value of this parameter must be greater than 'Ratio of profit a loss the first order'. Once the first order reaches take profit, the second one is moved to breakeven;
  • Volume — the volume of orders being opened. If this parameter is set to zero, the EA will automatically calculate the volume in accordance with the specified risk (the percentage of risk parameter) and the stop loss value;
  • The percentage of risk - the risk as a percentage of the deposit used to calculate the volume of one deal. When setting this parameter, take into account that the EA simultaneously opens two orders. For example: if you set a risk value of 1%, then the total risk will be equal to 2%;
  • Magic Number the first order;
  • Magic Number the second order;
  • Slippage - allowable slippage value;
  • Comments to orders;

If you still have any questions, please contact me to clarify all details.

Reviews 2
Guilhem Dufaure
133
Guilhem Dufaure 2022.03.30 19:18 
 

Bonjour ce développeur est vraiment au top et donne une super prestation après achat. ;)

Lemnos
645
Lemnos 2015.10.10 22:16 
 

Inside Bars Trader EA has a lot of thought built in to it. It take time and experimenting with it to fully get its value. There is no easy way it seems to make money in Forex using EAs but if you are willing to put the time in to it then Inside Bars Trader will get you closer to making more money. Good luck trading.!

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Fully automatic multicurrency trading machine MT4/5 The advisor's strategy is based on trading volumes and statistics of the movement of trading instruments, the author's trading method, which shows excellent results over the past 7 years Multicurrency testing since 2016 with 99.9% real ticks, testing was carried out on the MT5 platform, with all traded currency pairs at the same time. The Expert Advisor has three trading strategies with a smart dynamic lot, which depends on the load on the d
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Aleksandr Nadein
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HorsePowerEA is a sophisticated trading software,that is base on trend following system,but decision to buy or sell are determined base on trend reversal and positions are opened on support/resistance of a trend.this EA doesn't open position any how but follow strictly a trading system..one great features of this EA is its strong security and protection on your account, for security and avoidance of mistake in setup we have made the EA plug and play,with no complications..   Our Live Trading
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PropFirm EA
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PropFirm EA is a fully customized MT4 Proprietary trading Expert Advisor for FTMO, MFF and other prop firm. Suitable for FTMO Challenge, FTMO Evaluation and Funded, also works for MFF Evaluation and Rapid accounts. Recommendation: Prop Firm: FTMO and MFF Pair to trade: EURJPY, USDCAD, GBPUSD, other pairs set files by request Setting: Initial setting with autolot Account : SWING Account  News Trading : Yes except forbidden news on Funded Account should be manualy managed TimeFrame: M15 Normal M
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The Greedy Gold Digger
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THE GREEDY GOLD DIGGER Ladies and gentlemen it is a pleasure to introduce you my last creation .. The EA I'm working on since starting my trading journey I have finally decided to publish the main EA I'm working on since 2 years and an half, now that it is stable and gives me the results I always wanted. This EA trades the GOLD market, it starts buy and sell trades based on the trend. After a loss, it recovers the loss taken using a smart algorithm of lot multiplication. PLEASE NOTE:   You shoul
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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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Multi-timeframe classic Stochastic indicator. The only difference is that in the main chart window (and not in the additional window) the bars are marked with dots when the Stochastic indicator readings are in extreme zones. The current not yet formed bar does not participate in the calculations. The indicator can be useful for traders who use Stochastic in their trading, while the chart footer remains free. In the indicator settings it is possible to select the time interval from which the data
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This indicator helps the trader to identify the momentum of the price, and also calculates its strength relative to the average true range of price movement (ATR). The indicator will be an indispensable assistant for traders using the "Sniper" strategy in their trading, in which so-called "impulse levels" are used for trading. Parameters: Average Period - The averaging period; Alert Force - Set the warning to the trader. If the value of the indicator exceeds the set value, then the trader will
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Indicator of horizontal support and resistance levels. When calculating levels, all available time intervals are used. The indicator does not require any settings affecting the search algorithm levels. Levels are adjusted as new bars are formed.  The indicator provides for the possibility of issuing a warning to the trader in case of a false breakout of the level and when the level is broken by a strong impulse. Parameters: Resistance Color - color of resistance levels; Support Color     - c
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If you use in your manual trading pending orders to break any price level such as SELL STOP and BUY STOP, it is very often that during high volatility in the market such types of pending orders are activated with a very strong slippage. As a result of slippage, the position is opened at a different price than the price at which the STOP order is placed. This EA-utility allows you to replace pending orders of the STOP type with pending orders of the LIMIT type. For this purpose the EA emulates a
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This indicator helps the trader to identify the momentum of the price, and also calculates its strength relative to the average true range of price movement (ATR). The indicator will be an indispensable assistant for traders using the "Sniper" strategy in their trading, in which so-called "impulse levels" are used for trading. There is also a similar version of the indicator for MT4. Parameters: Average Period - The averaging period; Alert Force - Set the warning to the trader. If the value of
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Guilhem Dufaure
133
Guilhem Dufaure 2022.03.30 19:18 
 

Bonjour ce développeur est vraiment au top et donne une super prestation après achat. ;)

Lemnos
645
Lemnos 2015.10.10 22:16 
 

Inside Bars Trader EA has a lot of thought built in to it. It take time and experimenting with it to fully get its value. There is no easy way it seems to make money in Forex using EAs but if you are willing to put the time in to it then Inside Bars Trader will get you closer to making more money. Good luck trading.!

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Version 1.6 2017.09.04
Improved the algorithm for identifying the "Inside bar" pattern. As a result of these changes, it was possible to increase the number of trades opened by the EA.
Version 1.5 2017.05.16
Unlike previous versions, now the EA opens two pending orders instead of one. Once the first order reaches take profit, the second one is moved to breakeven. The take profit is calculated in accordance with the ratio of take profit to stop loss; parameters 'Ratio of profit a loss the first order' for the first order and 'Ratio of profit a loss the second order' for the second one. The ratio of take profit to stop loss for the second order should be greater than that of the first order. Separate magic numbers are used for the orders: 'Magic Number the first order' and 'Magic Number the second order'. Numerous testing of this EA version showed that the use of trailing stop was not effective for a long-term strategy, therefore the parameters 'Protect profit; on\off', 'TrallStart', 'TrallStop' and 'TrallStep' have been removed from this version of the Expert Advisor. Also, in order to simplify the EA settings and eliminate the possibility of parameter fitting to historical data, the 'Take Profit' and 'Stop Loss' parameters have been removed. These parameters are calculated automatically by the EA. In this version, the EA's manual mode has also been removed.
Version 1.4 2016.08.03
Added automatic lot calculation depending on the risk percentage (parameter 'the percentage of risk'). This function can be enabled by setting the 'Volume' parameter in the EA's settings to zero. Small changes in the algorithm of the EA allowed to increase the number of trades on the D1 timeframe.
Version 1.3 2016.06.03
Added the ability for the order comments to be edited by user ('Comments to orders' parameter). The EA algorithm is unchanged.
Version 1.2 2016.02.08
Added the new parameters responsible for the detection of the "inside bar" pattern to the EA settings.
The parameter "the minimum number of bars in the bar defining" - sets the minimum number of bars inside the defining bar.
The parameter "the maximum number of bars in the bar defining" - sets the maximum number of bars inside the defining bar.
The parameter "the minimum size of "defining the bar" in points" - sets the minimum size limit of the defining bar in points.
The parameter "the maximum size of "defining the bar" in points" - sets the maximum size limit of the defining bar in points.