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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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640 USD
FiboPlusWaveRunner
Sergey Malysh
Experto en trading automático y manual Sistema de comercio basado en ondas de Elliott y niveles de Fibonacci . Una solución simple y asequible Visualización de marcación de ondas de Elliott (principal o alternativa) en el gráfico Formación de niveles horizontales, líneas de soporte y resistencia, canal Superposición de los niveles de Fibonacci en las ondas 1, 3, 5, A Sistema de alerta (en pantalla, correo electrónico, notificaciones push) Panel visual para la apertura de órdenes en el comercio m
1 250 USD
TrendScalperNew
Dmitry Blyakhman
A professional multi-currency robot, used medium-term round-the-clock scalping with a recommended risk of 3-10% per transaction. Depending on the volatility, take profit is set as a percentage of the maximum stop. Trade is conducted on 19 major currency pairs. Martingale and averaging are not used, and are not spread sensitive. Automatically determines the Deposit currency, calculates the corresponding lot size depending on the maximum stop and the exchange rate of the current currency pair.
599 USD
Exp4 The xCustomEA for MT4
Vladislav Andruschenko
Asesor comercial universal en indicadores personalizados para  MetaTrader 4  . Constructor de estrategia Versión para MetaTrader 4:  la  versión  xCustomEA   para el terminal MetaTrader 5 La funcionalidad del asesor comercial universal xCustomEA duplica exactamente todos los parámetros de nuestro asesor  The X ,  excepto uno: El xCustomEA  funciona con un indicador personalizado y tiene la capacidad de programar su propia estrategia comercial para terminales MT4. El xCustomEA  tiene un enlace a
500 USD
Ruxzo
Gennady Sergienko
Are you a trader ? Identify SCAM and share profitable EA: Join our community  GoGoPips 🚀   of find on telegram;   Default settings for EURUSD M5 If you need real results and not beautiful backtests. I have good experience in creating profitable robots. Ruxzo   This is a fully automated trading robot that has several trading modes: Ultra mode   the trading is 24/5 with the use of online filters. It is not possible to test this strategy on history because the basket filtering method i
699 USD
Stenvall Invest
Gennady Sergienko
ATTENTION!   In 18 months, the EA made 300 trades, also the EA has a New Year filter in the period from December 25 to January 5.   Do not purchase this EA if it does not suit you!     default settings:       EURUSD M5 email:                    info@gogopips.com telegram for pm:    @leontolstoy Are you a trader ? Join our community in telegram  GoGoPips 🚀   This is a fully automatic trading robot that does not require the intervention of a trader is divided into control bloc
1 930 USD
Trace Reversion
Yuxin Long
Trace Reversion Expert Advisor is a scalping EA based on price movement and some standart indicators. Trace Reversion EA does the analysis using M5 timeframes only . You can use Trace Reversion EA on all pairs, but my recommendation is to use this EA on pairs with low spread and low stop level. Please use this EA on M5 timeframe only. Please use this EA on forex of 5-digit and GOLD (XAUUSD) of 2-digit. ButStop or SellStop order must be not restricted; (maybe open order 0 distance from current pr
1 666 USD
GerFX Forex Cyborg
Exler Consulting GmbH
Forex Cyborg is a established expert advisor since 2017 on the market. There is a huge number of customers that trust in Forex Cyborg already and now it's newly available here on the MQL Store. Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability.  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) An
650 USD
GerFX NightWalker EA
Exler Consulting GmbH
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 do not give a realistic prediction of future profitability. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but stil
525 USD
SFE Bitcoin MT4
Joel Juanpere
The EA use several systems focused on the Bitcoin / USD symbol. Any doubt or more information, you are invited you to join to the telegram group of the sfe users community. Telegram Community Group:   https://t.me/sfecommunity Signal https://www.mql5.com/en/signals/835278   Live setup The EA is very easy to setup, and can be used with the default parameters. Only parameters related with the GMT of the broker and the size of the orders must be checked. The EA must be attached to ONLY one B
900 USD
Chakra MT4
The Huy Phan
Chakra MT4 is a trending following EA. This EA uses a custom indicators to detect entry signal. The fixed stop loss and take profit are always set for each trade. This EA has smart money management. Users only need to determine the accepted loss for each trade, EA will calculate the lot size for each trade according to stop loss price. Therefore, this EA is very safe. This EA is very easy to use and can apply for many currency pairs. Recommended time frame is  H1. Recommended pairs:  EURUSD, US
1 000 USD
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Versión 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.