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Iron Trader MT5

Universal Advisor. Works as a scalper and dynamic order grid. Applies levels of stop orders, stop loss, take profit and trailing stop that are invisible to the broker. Level values can be given in pips or percent of average price volatility (ATR). It can work at a specified time, has protection against slipping and expansion of the spread. The graph displays information about the quality of execution of orders, profits and current open positions (the number of orders, the number of lots and profit). Suitable for working with any brokers, including American brokers with the requirement of FIFO.

MT4 version of Iron Trader Advisor

💼 Telegram chat for questions and discussion: https://t.me/forex4up_chat

Money Management: 

  • FIX_START_LOT - fixed starting lot for each N amount from the balance (FROM_BALANCE);
  • FROM_BALANCE - N balance amount for the calculation of the starting lot (FIX_START_LOT);

The starting lot is calculated by the formula: Balance / FROM_BALANCE * FIX_START_LOT

Example number 1:

  • Balance 300
  • FIX_START_LOT - 0.01;
  • FROM_BALANCE - 100;

Starting lot will be = 0.03.

Example number 2:

  • Balance 300
  • FIX_START_LOT - 0.01;
  • FROM_BALANCE - 300;

Starting lot will be = 0.01.


Dynamic order grid: 

  • LOT_MULTIPLY - lot multiplier in the order grid;
  • START_MULTIPLY - from which order to start increasing the lot;
  • MIN_GRID_STEP - the minimum step between orders;
  • GRID_PRICE_STEP - the minimum step for the price movement;

Example number 1:

  • MIN_GRID_STEP = 100;
  • GRID_PRICE_STEP = 200;

When the price passes 300 (MIN_GRID_STEP + GRID_PRICE_STEP) pips in the opposite direction from the last open order, the virtual level of the STOP order will be established - the price of the last open order +/- MIN_GRID_STEP. The order will open at the set level, but if the price continues to move in the opposite direction by N pips (MIN_GRID_STEP + GRID_PRICE_STEP), the level of the STOP order will change - the price of the last level +/- MIN_GRID_STEP pips.

Example number 2:

  • LOT_MULTIPLY = 1.5;
  • START_MULTIPLY = 3;

The order lot will start to increase from the N order (START_MULTIPLY). The 1st order with lot 0.1 is opened, the 2nd order will also be opened with lot 0.1, and the 3rd order already with lot 0.15. And starting with N orders (START_MULTIPLY), the lot will increase by LOT_MULTIPLY. The last lot multiplied by START_MULTIPLY.


Opening the first order: 

  • DIST_TO_OPEN - distance from the Ask / Bid price;
  • TIMER_SECONDS - timer to modify levels;

The Expert Advisor sets the levels at N distance (DIST_TO_OPEN) from the Ask / Bid price, which, when touched, opens the first trade. Levels are modified by timer TIMER_SECONDS. If for the allotted time the price failed to break through the specified level, then they are modified at the new prices.


Other parameters: 

  • ATR_VALUES - use the percentage of ATR to calculate levels;
  • PERIOD_ATR - ATR period;
  • MAGIC_NUMBER - magic number;
  • TIME_START , TIME_END - the start and end time of the advisor, at 00:00 is not used;
  • MAX_SLIPPAGE - maximum slippage for the first order, in pips. when = 0, not used;
  • MAX_SPREAD - the maximum size of the spread when opening orders, in pips;
  • STOPLOSS - stop loss of the order grid, in pips or% of ATR if ATR_VALUES = true. when = 0, not used;
  • TAKEPROFIT - take profit of the order grid, in pips or% of ATR if ATR_VALUES = true. when = 0, not used;
  • TRAILING_STOP - minimum profit during trailing, in pips or% from ATR if ATR_VALUES = true. when = 0, not used;
  • TRAILING_STEP - trailing step, in pips or% of ATR if ATR_VALUES = true;


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Big Bang is a 100% adaptive expert advisor based on price movement and Support and Resistance levels. It is a combination of simple settings and powerful trading techniques. Version for MetaTrader4 is here:  https://www.mql5.com/ru/market/product/48020 Note #1. Max bars in chart setting in your MetaTrader MUST be set to UNLIMITED => Check screenshots section. Big Bang needs at least 1 year of M1 data. Please, make sure that you have that loaded in your History Center. Note #2.  If test
1 999 USD
Gold one hour
Shi Xuan Liang
Any EA can't guarantee our eternal and stable profit, but it is a manifestation of trading ideas. The quality of the back test data is an intuitive affirmation of the EA. If an EA backtest result fails, we will not believe that it can make money for us on the firm offer. On the contrary, EA, which produced a beautiful asset curve in the process of backtesting, is worthy of our belief that she can meet the challenge of updating.  GOLD ONE HOUR is specially made for gold varieties to run in one h
10 968 USD
SFE Stock Market
Joel Juanpere
This EA trade with CFDs of Stocks. The EA can be used in any stock market, by default, the EA is configured with symbols of the US Stock Market. The minimal balance recommended is 3.000 USD. Live Signal :    https://www.mql5.com/en/signals/692635 Backtest and Live Setup: please, look the video or go to the webpage for more information. The default parameters works with ICMarkets.  The names of the symbols can change in each broker, and each broker can have different CFDs. Please, contact me for
1 500 USD
NorthEastWay MT5
PAVEL UDOVICHENKO
BLACK FRIDAY!  Only 10 copies of NorthEastWay EA priced at $799!!! Sales start at 00:00 am on November 27. 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 direction. Timeframe: M15 Currencies: AUDNZD, NZDCAD, AUDCAD LIVE Signals: North East Way   Fas
799 USD
Checkpoint mt5
Vasiliy Strukov
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ Midnight   is the closing time of the daily candle; it is the time of   equilibrium   between sellers and buyers. It was at this time that the adviser opens two orders in opposite directions. It is also possible to open the user at a specified time, or trade non-stop in the   "enter right now"   mode. The Advisor need Hedge type account. Real-time results can be viewed  here .   Telegram group  here
50 USD
UniversalEaMT5
Sergey Deev
The Expert Advisor allows you to build a trading system based on a custom indicator. It performs automated opening / closing of trades based on signals from an indicator that places values ​​other than 0 and EMPTY_VALUE in the buffer. The Expert Advisor polls the values ​​of the specified indicator buffers, opens / closes and maintains transactions according to the specified parameters. The adviser has the following transaction support functions: installation of SL and TP; calculation of the v
50 USD
MACD Trader MT5
Konstantin Nikitin
This is a fully automated multi-currency Expert Advisor with unlimited number of currency pairs using MACD and Envelopes indicators. You can specify how the EA should work with each currency pair. You can add orders manually. Real account fully managed by the Expert Advisor The free version is available here . Parameters Common TradeObjectsDelete : delete trade objects. OrderPanel : display the panel for opening orders. TradeToBalance : target balance to stop trading. The parameter is triggere
300 USD
Advanced Scalper MT5
Wim Schrynemakers
!! BLACK FRIDAY SUPER PROMO !! ONLY 2 COPIES AVAILABLE AT 225$ AFTER THAT, PRICE WILL GO BACK TO 350$ Advanced Scalper is the result of more than 15 years of studying the markets and programming expert advisors. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilities. Of course there are also recommended settings which will be available in the comments-pages. T
225 USD
Sea Turtle Scalper Pro MT5
Michela Russo
Super   Black Friday   Discount   Only Today, 50% OFF! Sea Turtle Scalper Pro MT5 is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use  arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by   StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Scorpion Crazy Pro MT5 ! (All future
149 USD
Multi Strategist
Julian Jäger
Forum News 24 August  How to upgrade own setfile to V4.401:  1) Load blank.set file. 2) Load your set file. 3) save your now updated setfile. News 25 May, 2020 New fundraising campaign. A donation of 50 EUR for each purchase between today and the end of 31 May 2020 will go to Aktion-Deutschland-Hilft project "Emergency assistance worldwide". Proof of donation can be provided. News 21 April, 2020 New fundraising campaign. A donation of $100 for each purchase made between today and the end of A
279 USD
Fibonacci Scalper Pro
STANTON ROUX
The Fibonacci Trader Pro is a multi-currency EA that uses the Fibonacci levels to determine a buy or sell trade with the MACD as confirmation. HEDGING ACCOUNT ONLY!!!! DO NOT USE DEFUALT SETTINGS!!! Check out our set files group for latest set files https://t.me/AlgotradingSetChanges Pro Features Include Multi-currency trading Multi-currency testing Limit and stop orders The Fibonacci levels work as follows: Above 61.8 SELL if MACD trend is SELL Trading Range (Ability to select trading inpu
45 USD
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Vitalii Manolaki
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Vitalii Manolaki 2019.02.15 13:00 
 

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Versión 1.1 2019.02.03
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