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Proftrader Free

This Expert Advisor analyzes the last candles and determines whether there will be a reversal or a large correction. Also, the readings of some indicators are analyzed (their parameters can be adjusted). Is a free version of Proftrader. Unlike the full version, in the free version of the adviser the initial lot cannot be higher than 0.1, trading pair only EURUSD and also it has fewer configurable parameters.

Input parameters

  • Lots - lot size (at 0, the lot will be calculated from the percentage of available funds in the account);
  • IncLotAfterProfit - increase the lot after the profitable closing of the previous transaction;
  • DecLotAfterLoss - reduce the lot after the unprofitable closing of the previous transaction;
  • OrderComments - comments to the opened deal by this advisor;
  • TradeEveryTick - trade every tick (slows down testing a lot);
  • MaxSpread - maximum spread for opening a trade (for accounts with a floating spread, so that a trade is opened when the spread is not too large);
  • Magic (unique identifier) ​​- a unique identifier (it is necessary to make it different, if several advisers are running in one terminal);
  • TakeProfit - order closing price when profitability level is reached;
  • StopLoss - order closing price when the loss ratio is reached;
  • EnableAutoClose - automatic order closure by the opposite signal (true - on, false - off);
  • TrailingStopValue - trailing stop value (0 - do not use trailing stop);
  • BreakevenValue - set the stop loss to breakeven after the price passes the specified value (0 - the parameter is not used);
  • PeriodMACD - period of MACD indicators;
  • MACDPeriod2 - the second period of the MACD;
  • MACDPeriod3 - period of another MACD indicator;
  • MACDSignalPeriod - period of the signal line of the MACD indicator;
  • MACDSignalPeriod2 - period of the signal line of another MACD indicator;
  • PeriodRSI - RSI indicator period;
  • LevelsRSI - RSI indicator levels;
  • Min high-low candle - the minimum candle length (from its maximum to the minimum);
  • CandlesFactor - determination coefficient of a bullish or bearish candle;
  • CandlesVolume - the number of candles to compare the volume;
  • PeriodATR - period of the Average True Range indicator;
  • MinLevelATR - the minimum level of the Average True Range indicator;
  • ShowInfo - show information (slows down testing when enabled);
  • MaxTradeCount - the maximum number of trades, after which to stop trading (0 - not used);
  • MaxLossCount - the maximum number of losing trades, after which to stop trading (0 - not used).

The full version of the advisor is located at:

https://www.mql5.com/en/market/product/34439

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================================================================================================ 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
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Rocket Man
Evgenii Golovanets
Price: $499 3 of 10 copies left at this price Next price $599 Recommended broker Recommended broker №2 Live signal   https://www.mql5.com/en/signals/911160 Telegram channel   https://t.me/rocketman_ea Rocket Man  is a fully automated expert adviser, which implements convenient features to perform multicurrency trading with the ability to widely diversify trading risks. This Forex robot uses just one deal for trading and always use stop loss and take profit to protect capital! Expert never uses
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Trend Scalp Pro
Sara Sabaghi
Trend Scalp Pro   ⭐⭐⭐⭐⭐ 25% DISCOUNT JUST WOR 1 WEEK -  168$ Reduced to 128$ Live Monitoring:  🚀🤑 https://www.mql5.com/en/signals/842515 https://www.mql5.com/en/signals/704872 This Is a a full feature pro version - You can enjoy free version HERE ⚡ Many traders don't trust robots... they Just use technical analysis and make manual orders. So what happens if this technical analysis and use trend line to make the best decision and work AUTOMATIC ??   🤑   🤑  Yes. We do that... ⭐   Trend Scalp
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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
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Pinpoint EA
Ryan Brown
The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! Pinpoint V1.9 Backtest data shows a 94% win rate over 17 years! Projected monthly profit of 2.5% a month (default settings) Trades every week Trades the EURUSD & G
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The trading system is based on crossing 3 signal lines (with different parameters) of the MACD indicator. When all the lines are increasing, a buy order is opened (the opposite - sell order). The CCI indicator is required to avoid buying at the highest price but to but when the price decreases a bit, but there is still an uptrend. Also, the Stochastic and ATR serve as additional filters. The EA s easy to set up, but at the same time it shows good results on the short-term 5-minute timeframe. It
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The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
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The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
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Colored Candles Demo
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The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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Easy Candles
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Volume Levels USDJPY
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Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
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Breakout Line
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Breakout and pullback
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After breaking through the high or low of the trading range, the price often comes back about half the distance. This EA determines a good place to enter the market by trend, it opens a trade after a small rollback towards the trend. The number of candles in a trading range can be adjusted, like many other parameters. The trading range for determining the high and low depends on the current volatility of the market. The EA takes that into account, it can also automatically determine the appropri
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Volume Candles
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Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
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Micro Powers Pro
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Honeybee
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The Expert Advisor analyzes volumes before entering a trade. Major market players buy and sell large volumes and thus influence further price movement. Honeybee hunts for volumes just like for honey. When the market rises or falls, and suddenly there are volumes in the opposite direction, the EA opens a trade. You can configure the EA to open trades following the trend of a higher timeframe. If necessary, Stop Loss is moved to breakeven after the price moves a certain number of points. The EA ca
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Volume Levels
Alexander Nikolaev
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
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Volume Levels Trading
Alexander Nikolaev
The EA trades based on the levels that have the greatest volume of performed trades. These levels are often the support and resistance for the price. The EA does not simply buy based on the level, but determines how the price bounces off it and with what volume. The sufficient number of parameters allow to configure this EA for virtually any currency pair. The timeframes can also be different, fromM1 (if the account spread is small enough) to H4, but the optimal settings will be very different f
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Trend Stream
Alexander Nikolaev
The levels, where a large volume of trades has been formed, are very important in the technical analysis. It is also important to know the direction of the trend and its change. When a High is broken the trend is considered an uptrend, when a Low is broken - a downtrend. This provides a foundation for a good trading system. But now you don't have to do anything, such system has already been developed - the Trend Stream. The EA automatically detects the trend direction and makes trades based on t
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EMA 8 and 18 Trading System
Alexander Nikolaev
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
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ProCandles
Alexander Nikolaev
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Colored candles
Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
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Multi Alligator Signals
Alexander Nikolaev
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Trend Hour
Alexander Nikolaev
At certain times, the market has a very strong volatility on all currency pairs. During that time, some currency pairs move stronger, and some weaker. The Trend Hour EA opens a trade on the most trending currency pair at a certain time. It determines the strength of the trend on multiple currency pairs and multiple timeframes using the Alligator indicator and ADX. Usually, the strongest movements happen on the currency pairs with the dollar in the middle of the US session. It is not necessary to
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Candles and 3MACD
Alexander Nikolaev
The trading strategy is based on the intersection of MACD's three signal lines with different parameters. Candlesticks are used for trade confirmation. The system shows better results when combined with the candlestick analysis. The Expert Advisor can analyze candlesticks on any timeframe specified in settings. It is recommended to run the EA on the M5 timeframe or M1 if using accounts with a very low spread. Features Trades fully automatically; Does not require a large initial deposit; Does n
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Parabolic And CCI
Alexander Nikolaev
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lo
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Versión 1.1 2019.04.14
Added trailing stop.