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EA DualChannel SqrtMA

The Expert Advisor performs the opening of trades by the signals of the Dual-Channel indicator, as well as their maintenance. The root-mean-square moving average is used as an auxiliary indicator. The long trade is opened when the Dual-Channel indicator "draws" a blue arrow, the signal candlestick is located above the moving average, directed upwards. The short trade is opened when the Dual-Channel indicator "draws" a red arrow, the signal candlestick is located below the moving average, directed downwards. Examples of trades are shown in the screenshots.

The trade maintenance settings use the take profit (trade target level), stop loss (maximum loss level), breakeven level - the distance in points after passing which the stop loss is moved to the opening level + spread, profit step - the distance in points after passing which a part of the position is closed, profit factor - percentage of the partial position closure, trailing stop - the level to move the stop loss from the price ((activated after breakeven).

The EA cal also limit the time allowed for opening trades - start and end hours. Maintenance and closure of trades works without limitations


Settings of the Expert Advisor

  • Lots - Volume of opened trades;
  • stepProfit - profit step in points;
  • stepProfit_factor - profit factor;
  • stopLoss - stop loss in points (if 0, then the level of the Dual-Channel indicator is used);
  • takeProfit - target profit (can be 0);
  • trailStop - trailing stop level in points;
  • trailStep - trailing step in points (the minimum distance to move the stop loss);
  • noLoss - breakeven level in points;
  • ChMin - the minimum length of the Dual-Channel indicator channel;
  • ChMax - the maximum length of the Dual-Channel indicator channel;
  • SignalLive - signal lifetime of the Dual-Channel indicator;
  • MaPeriod - root-mean-square moving average period;
  • MaPrice - root-mean-square moving average applied price;
  • timeStart - trading start hour;
  • timeEnd - trading end hour;
  • Slippage - slippage in points;
  • MAGIC - "magic number" to identify the EA orders.

Default parameters of the Expert Advisor are designed for 5-digit quotes. When using the EA with different quotes, it is necessary to change the parameter values specified in points accordingly.

Notes, comments and reasoned criticism is welcome.

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⭐   7 copies for $199. ⭐ Next price $249. ⭐ Final price $499. EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered b
199 USD
Trend Line GRID mt4
Evgenii Aksenov
This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closing them with a counter profit. This ensures that a profit is achieved in each trend. EA also accompanies trades opened in manual mode
199 USD
RSI Divergence Trader
Bogdan Ilie Talpos
================================================================================================ Try the default settings on M5 - EURUSD, EURCAD, EURAUD, AUDNZD; M15 - USDJPY ================================================================================================ Monitoring signal:  https://www.mql5.com/en/signals/747414 ================================================================================================ I believe that the RSI is the best indicator out there and most of th
200 USD
Rocket Man
Evgenii Golovanets
Price: $499 Recommended broker Recommended broker №2 Live signal   https://www.mql5.com/en/signals/911160 Telegram channel   https://t.me/rocketman_ea Rocket Man  is a fully automated expert adviser, which implements convenient features to perform multicurrency trading with the ability to widely diversify trading risks. This Forex robot uses just one deal for trading and always use stop loss and take profit to protect capital! Expert never uses dangerous methods of money management, such as mar
499 USD
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The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com
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UniversalEaMT5
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MACD Divergence MT5
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The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window. The indicator parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period Mac
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UniversalEA
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EA Locking Grid
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Semiautomatic EA for trading based on the averaging and locking strategy. The trader sends signals for opening grids by using the buttons on the chart. The EA opens a market order, places a grid of limit orders in the same direction with lot multiplication according to specified parameters and a locking stop order in the opposite direction with the volume equal to the sum of all the previous ones. Once the price passes the specified breakeven level, the EA places a stop loss at the open price+sp
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MTF Stochastic
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The indicator plots two subsequent channels by the closing prices and checks if their sequence matches the scheme demonstrated in the screenshots. If the conditions are met, a signal is formed, which is displayed by an arrow of the corresponding color on the chart. A rhombus on the chart displays a possible stop loss level. When a signal forms the indicator can generate a pop-up window, send Push and/or Email - notifications. The indicator parameters ChPeriod - channel length UseAlert - enable
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The indicator displays the data of the candles from a higher timeframe on the chart. Only the candle body (by the open and close prices) is displayed. The candlesticks are colored depending on the difference between the open and close prices. After removing the indicator from the chart, the objects used by it are deleted automatically. Indicator Parameters TimeFrame - time frame (drop-down list) BearColor - bearish candle color (standard dialog) BullColor - bullish candle color (standard dialo
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MTF MACD
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The indicator displays the data of a standard MACD indicator from a higher timeframe. The product features notifications of crossing the zero or signal line by the histogram. Parameters TimeFrame - indicator timeframe (dropdown list) MacdFast - fast line period MacdSlow - slow line period MacdSignal - signal line period MacdPrice - price type (dropdown list) AlertCrossZero - enable notifications of crossing the zero line AlertCrossSignal - enable notifications of crossing the signal line UseNo
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MTF MovingAverage
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The indicator displays the moving average of a higher timeframe on the chart. The indicator parameters TimeFrame - time frame of the moving average (drop-down list) MaPeriod - moving average period MaMethod - moving average method (drop-down list) MaShift - moving average shift MaPrice - moving average price (drop-down list)
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MTF ATR
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The indicator displays the data of the Average True Range (ATR) from a higher timeframe on the chart. It allows you to see the scope of the movement without having to switch to another screen terminal The indicator parameters TimeFrame - time frame of the data (drop-down list) can not be lower than current AtrPeriod - period of the Average True Range indicator a higher timeframe range
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MTF ADX
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The indicator displays the data of the standard ADX indicator from a higher timeframe on the chart. Several indicators with different timeframe settings can be placed on a single chart. The indicator parameters TimeFrame - time frame of the data (drop-down list) can not be lower than current AdxPeriod - period of the indicator for a higher timeframe AdxPrice - prices for the calculation of the indicator data from a higher timeframe
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Dual Stoch Arrows
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The indicator displays the data of the Stochastic oscillator from two higher timeframes on the chart as icons. green square - oversold status red square - overbought status red arrow - downward movement green arrow - upward movement The indicator parameters StochK - K period of the indicator StochD - D period of the indicator StochSlow - the indicator slowing StochLevel - overbought level (oversold level is calculated as 100-StochLevel) StochMethod - method of moving averages (drop down list)
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Triple Channel
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The indicator plots three consecutive channels by Close prices and checks if they match the scheme shown in the screenshots. The length of each channel is not fixed and is selected by the program within the range ChMin and ChMax . When the match is found, a signal is formed (an appropriately colored arrow). A possible stop loss level is displayed as a diamond. A signal may be accompanied by a pop-up window, a push notification and/or an email. The indicator works by Open prices. Parameters ChM
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Dual MACD Arrows
Sergey Deev
The indicator displays the data of the MACD oscillator from two higher timeframes on the chart as icons. green arrow up - the histogram is greater than zero, the signal line is below the histogram (upward movement) green arrow down - the histogram is greater than zero, the signal line is above the histogram (downward movement) red arrow up - the histogram is less than zero, the signal line is below the histogram (upward movement) red arrow down - the histogram is less than zero, the signal line
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Harmonic Butterfly
Sergey Deev
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
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Magic MovingAverage
Sergey Deev
The indicator displays the averaged value of the moving averages of the current and two higher timeframes with the same parameters on the chart. If the moving averages are located one above the other, the resulting one is painted in green, showing an uptrend, in the opposite direction - red color (downtrend), intertwined - yellow color (transitional state) The indicator parameters MaPeriod - moving average period MaMethod - moving average method (drop-down list) MaShift - moving average shift
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Sqrt Moving Average
Sergey Deev
The indicator displays the price movement on the chart, which is smoothed by the root mean square function. The screenshot shows the moving average with period 20, the smoothed root mean square (red) and simple SMA (yellow). The indicator parameters MAPeriod - Moving average period MaPrice - applied price (drop down list, similar to the standard MovingAverage average) BarsCount - number of processed bars (reduces download time when attaching to the chart and using in programs).
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Sqrt MACD
Sergey Deev
The indicator displays the MACD oscillator in the additional window, plotted based on the root-mean-square moving averages of the lines. The screenshot shows the moving MACD indicators with the same parameters, plotted on the lines of the root-mean-square (upper) and standard (bottom) lines. The superiority of the upper indicator is visible to the naked eye. The indicator parameters MacdFast - fast root-mean-square line period MacdSlow - slow root-mean-square line period MacdSignal - signal SM
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SqrtBands
Sergey Deev
The indicator displays the Bollinger bands on the chart, plotted based on the root-mean-square moving average of the lines. The screenshots show the standard indicator (monochrome lines) and the SqrtBands indicator (red and yellow lines) on the same time interval. It can be easily seen that the bands of the second indicator are located much closer to the price and show its movement more accurately. The indicator parameters SqrtPeriod - period of the root-mean-square line and the standard devia
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SqrtDev
Sergey Deev
The indicator displays the standard price deviation from the root mean moving average line in the additional window. The screenshot displays the standard indicator (the lower one) and SqrtDev (the upper one). Parameters SqrtPeriod - root mean line and standard deviation period. SqrtPrice - applied price (drop-down list). BarsCount - amount of processed bars (reduces the download time when applying to a chart and using in programs).
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EaOrdersSupport
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The Expert Advisor sets stop loss and take profit for orders opened manually and tracks deals, including moving to breakeven after a specified profit is reached and trailing stop with specified parameters. BUY and SELL buttons with similar functions are now displayed on the screen to test the EA in the strategy tester. They can also be used in real trading. The default settings contain data for five-digit quotes. When using the EA on four-digit quotes, the EA re-calculates the settings automatic
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ChartMultiCurrency
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The indicator displays the candles of an "attached" symbol at the scale of the main one. The scale is re-calculated by High/Low points of the displayed period. The Moving Average of the "attached" symbol (yellow line on the screenshot and video) is additionally shown on the chart. The Moving Average of the main chart symbol is not included. It should be launched separately. The indicator helps you to assess the correlation between the symbols during the pair trading. You can launch several indic
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ZzFibo
Sergey Deev
The indicator shows the potential points for placing pending stop orders on the continuation of the movement after the roll-back. The basis of the signals are the ZigZag lines and the Fibo levels. When the price rolls back to 38.2 .. 61.8 the EA generates a signal to place a pending order at the level 100 with a target at 150 and a stop loss at the peak of the roll-back wave. Level parameters are moved to the settings. When a roll-back condition occurs, a Fibonacci grid with the levels required
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Spread Average
Sergey Deev
The indicator displays in the additional window the size value of each candle in points, the average value over the specified period, and also a signal of the last candle exceeding the average value multiplied by the specified coefficient. During the formation of the signal, a message can be displayed in a pop-up window and/or notifications can be sent to email and to mobile terminal. This indicator uses the MovingAverages.mqh library from the standard MetaTrader 4 software pack. The indicator
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Harmonic 50
Sergey Deev
The indicator detects and displays the 5-0 harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. During the formation the f
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Harmonic ABCD
Sergey Deev
The indicator detects and displays the AB=CD harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. During the formation the
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Harmonic SWAN
Sergey Deev
The indicator detects and displays the White Swan and Black Swan harmonic pattern on the chart according to the scheme provided in the screenshot. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, does not require additional installation). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The indicator highlights not only the complete figure, but also the time of its formation. Duri
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