EngulfingTrade MT4

The strategy of the Expert Advisor is based on one of the strongest signals of technical analysis - Engulfing .

When determining this figure, a trading expert studies the current market situation and, if there is a combination of certain factors, starts working.

It is recommended to start working with a small trading lot. As you become familiar with the work of an expert, the trading lot can be increased (use money management) to a psychologically acceptable size.

Attention: the format of the trading time settings (by terminal time) is "hour: minutes" - Separator is a semicolon. For example: "08:15", "14:30".

Every trade is protected by a stop loss. The Martingale system is NOT used. Lot increase after a loss is NOT used.

The default settings are suitable for the following trading instruments (5m): EURUSD, GBPUSD, USDJPY, EURGBP, USDCAD, EURJPY.

The procedure for installing a trading expert:

  1. Open 5 charts of recommended trading instruments;
  2. Switch timeframes on all charts to 5 minute timeframe;
  3. Install an Expert Advisor on each chart and allow it to trade;
  4. Check if Auto Trading is allowed in your terminal.
  5. We recommend using a remote server (VPS) with low ping.

Settings

  • Minimum candle size - The minimum size of the Absorbing candle;
  • Candle 'Engulfing' timeframe - Engulfing and Engulfing candles timeframe;
  • Percentage of candle body on size - the Absorbent candle must be at least greater than the Absorbed by this percentage;
  • How many candles is the signal alive? - How many candles the signal is alive;
  • Pin bar arrow size (if 0 - do not show) - The size of the arrow pointing to the Absorbing Candle (if 0 - not shown);
  • This LOT: - This lot;
  • For each of this amount (if> 0) - For each of this amount of bananas (if 0, it will be "This LOT");
  • MaxLot - Maximum trading lot;
  • Take Profit - Take profit;
  • Stop Loss - Stop Loss;
  • Trailing Stop - Trailing stop;
  • Trailing step - Trailing stop step;
  • Start of trading (if 0 - not used) - Trading start time (if 0 - not used);
  • End of trade - Trade end time;
  • Comment to order - Comments to the EA orders;
  • Slippage - Slippage;
  • Max Spread - Maximum spread;
  • Magic Number - Magic number to distinguish "their" orders;
  • Show logo? - Displaying the logo on the chart;
  • Show info-text? - Displaying information on the chart;
  • Text size - Font size;
  • Text color - Font color.
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"Pisces Expert Advisor" Powered by FxGangster This EA Better work with GBPJPY and USD Pairs. this Expert Advisor has a Scalping, hedging and trend following  strategy when trade with wrong way, it will use hedging to fix it, and I have included too much indicator inside this EA, you can use all setting inside to set this EA, by the way you can look how many indicator and how to setting in my screenshots pictures. Live myfxbook : Pisces EA  ------------------- We provide Forex Analyst signals,
Raider
Aleksandr Shurgin
A scalper trading advisor with an innovative method for calculating the opening of trading positions. The robot is designed for high-frequency trading with MT4 terminal instruments. The expert controls the volume of trading positions, spread expansion, and slippage. Can be used on any time frame, with any deposit size. Easily optimized and configured for the desired instrument. You can use preset settings. Recommendations for using the expert Initial deposit from 100USD. Brokers with normal exec
Wizard
Aleksandr Shurgin
Эксперт для работы на основных валютных парах. Открытие сделок на основе анализа ценового движения. Вход в рынок отложенными динамическими ордерами, всегда выставляет StopLoss  и  TakeProfit, не использует мартингейл и усреднение. Робот не выходит за границы заложенной в него стратегии, соблюдает заданный уровень риска и контролирует расширения спреда, выбирая наиболее благоприятные моменты входа в сделку. Для эффективной работы желательно провести оптимизацию для каждой валютной пары. Для ускор
Swing & Price Action Trader ( SPA Trader)   How to trade with SPA Trader? SPA Trader is a very special tool for both Automatic  and Semi-Automatic trading . It works as an Indicator and Expert Advisor to trade fully automatic, if trader sets it to true and  by false setting , then it will trade when trader enter into the position via SPA Trader manually, but the money management and risk management functions remain automatically to manage the opened positions for trader... The SPA Trader is the
Night Vision EA
Mehmet Haluk Tunc
22.12.2020 New version is released. Bug fixed and exit by MA removed.Improved fully automated Expert Advisor without martingale. Follow the trend. Checking important trade levels. It is complex calculated to catch right trend strategy. Special candles, custom indicator and maths are used for entries. Live Results shown at here  https://www.mql5.com/en/signals/669290   Default settings recomended for EURUSD m1/m5  gmt +3(or +2 winter time) .  Click here for the symbol sets you can make testing .
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Divergence indicator 10 different indicators. Finding and displaying classic and hidden divergences. Indicators in which divergences are searched: MACD MACD Histogram; RSI; Stochastic; CCI; momentum; OBV; VWmacd; Chaikin Money Flow; Money Flow Index. This is a replica of the indicator from the   tradingview   resource, adapted for the MT5 terminal. MT4 version available here:  https://www.mql5.com/en/market/product/87846 Settings: Bars in history for analysis - number of bars for analysis; D
Indicateur pour déterminer plat et tendance. Si le prix est inférieur à l'un des deux histogrammes et des deux lignes (rouge et bleu), il s'agit d'une zone de vente. Lors de l'achat de cette version de l'indicateur, version MT4 pour un compte réel et un compte démo - en cadeau (pour recevoir, écrivez-moi un message privé) ! Si le prix est au-dessus de l'un des deux histogrammes et des deux lignes (rouge et bleue), il s'agit d'une zone d'achat. Version MT4 : https://www.mql5.com/en/market/pro
Buy and sell zones
Evgeniy Zhdan
5 (2)
Indicator for determining flat and trend. If the price is below any of the two histograms and two lines (red and blue), this is a sell zone. When purchasing this version of the indicator, MT5 version for one real and one demo account - as a gift (to receive, write me a private message)! If the price is above any of the two histograms and two lines (red and blue), this is a buy zone. MT5 version:  https://www.mql5.com/en/market/product/70409 If the price is between two lines or in the zone of
TickCounter MT5
Evgeniy Zhdan
5 (1)
L'indicateur TickCounter compte les ticks de haut en bas sur chaque nouvelle barre. Le calcul commence à partir du moment où l'indicateur est placé sur le graphique. Les barres d'histogramme représentent : Barres jaunes - nombre total de ticks ; Barres bleues - ticks UP ; Barres rouges - coches vers le BAS. Si la barre bleue n'est pas visible, il y a plus de graduations vers le bas et la barre rouge s'affiche au-dessus de la bleue (la couche rouge est au-dessus de la bleue). MT4 version:  htt
SuperTrend
Evgeniy Zhdan
2.5 (2)
The Supertrend Expert Advisor The Supertrend Expert Advisor with averaging elements. It has been developed during three months until I finally got good results. It is not a scalper. The minimum balance to start trading - 100 $. Is automatically adjusted to the 4 and 5-digit prices. Has an efficient risk management system. The lot and limit on the maximum lot is automatically calculated based on the settings specified in the EA. As a result, you have a complete automated trading system. Download
Stardust
Evgeniy Zhdan
StarDust searches for divergences in the values of several indicators considering them as signs of flat and enters the market if a relatively steady trend is detected. The Expert Advisor trades "basic" symbols with a low spread. The best results are achieved on М15. The EA automatically adjusts to 4 and 5-digit quote flows. Settings Comment_to_orders – comment to a placed order. The field can be left blank if no comment is required. MM – enable money management with automatic setting of a worki
Top Floor
Evgeniy Zhdan
The EA catches the price when it moves against the trend in an effort to open an order in an opposite direction (direction of the main trend). Screenshots illustrate examples of entries and the strategy gist. The EA uses stop losses depending on values of ATR. Settings: Lot_ - if Risk_ = 0, the EA will trade this lot; Risk_ - risk per one trade. Stop loss is taken into account; koeff_ATR - coefficient multiplied by the ATR value to calculate stop loss (the bigger the value, the bigger stop loss
FastBoom
Evgeniy Zhdan
The FastBoom EA finds the most probable points of price pullback/reverse and places an order. It places averaging orders if the price moves further against take profit. Settings of the EA: Lots - initial lot; LotExponent - multiplier for following orders (Martingale). 1 - no multiplier. TakeProfit - take profit in points; Stochastic Settings InpKPeriod - K Period of Stochastic InpDPeriod - D Period of Stochastic InpSlowing - Stochastic Slowing LevHigh - level for sell positions of Stochastic L
The Expert Advisor calculates the double/triple divergence of volumes, and starts trading. It uses a unique formula of lot calculation, which greatly improves stability of trading. Recommended TF - 1h. Currency pair - EURUSD , but the EA can be used on any trading instruments which are not subject to high volatility. Settings mode - trading direction can be set manually; close - order close level (details on the screenshot); Step between orders - step between orders in points; Maximum orders -
OrderOnLine
Evgeniy Zhdan
The Expert Advisor opens orders from the horizontal line, the a trader can set on any level by dragging using the mouse or by changing the line properties. For example, when a horizontal line is above the current price, the EA will open a Buy order once the horizontal line is reached. And vice versa: If the line is below the current price, the EA will open a sell order once the line is crossed. A buy crossover of the line is: opening of the current candlestick below the horizontal line; the curr
SellerATR
Evgeniy Zhdan
5 (1)
The Expert Advisor only sells. Recommended currency pairs : EURUSD; GBPUSD; USDCHF; USDJPY; USDCAD; AUDUSD; EURGBP; EURAUD; EURCHF; EURJPY; GBPCHF; CADJPY; GBPJPY; AUDNZD; AUDCAD; AUDCHF; AUDJPY; CHFJPY; EURNZD; EURCAD; CADCHF; NZDJPY; NZDUSD. Timeframe: H1. Percent% manages closing both loss-making and profitable deals based on the account overall status. Using the EA on 23 symbols mentioned above allows the robot to cope with the drawdown in case of a long trend. While positions on some pairs
Illusion
Evgeniy Zhdan
3 (2)
The Illusion EA uses the probability theory - after a series of consecutive virtual losses - i.e. right during a flat the EA already starts trading in the trend. In addition, the EA considers the ratio of bullish/bearish candles on the higher timeframes to determine the greatest probability of the price movement direction. Only 1 order can be opened at a time. In case of a loss the following order will be placed with an increased lot (the multiplication coefficient is set in the parameters). The
L'indicateur calcule les zones d'arrêt / d'inversion de tendance les plus probables, les zones de mouvement de tendance confiantes. Le calcul considère : le taux de variation des prix ; l'angle de déviation relative de la carte ; l'amplitude moyenne des mouvements de prix ; le prix sortant de sa « zone de confort » ; les valeurs de l'indicateur ATR. L'indicateur peut générer une alerte lorsque le prix entre dans une zone d'arrêt/d'inversion. Paramètres Dessiner toute la longueur ? - tracer l
The indicator plots a trend line and determines the levels for opening trades, in case the price goes "too far" away from the trend level. More detailed information is available in the screenshots. Settings Away from the trend line - distance from the trend line to the trades level; Arrow Signal for deals - enable displaying an arrow when the price reaches the trades level; Size of Arrow - size of the arrow; Alert Signal for deals - enable generating alerts when the price reaches the trades lev
Turbina
Evgeniy Zhdan
5 (4)
The axiom of the Forex market is that any trend will be broken. The Expert Advisor determines trend direction (the pink line), and calculates levels for opening opposite orders depending on the settings. The value of Away from the trend line for Deal will be different for each pair and timeframe, depending on the volatility of the trading instrument. Next orders can be opened with an increased lot (a static lot is used by default). See the screenshots to understand the idea of the Expert Advisor
Odysseus
Evgeniy Zhdan
The Expert Advisor determines the moments of strong movements and opens a position in the direction of the most probable price movement. The strategy always uses stop loss and take profit. Several independent orders can be in the market (the maximum number is set in parameters). The goal of the EA's underlying trading system is the quantitative excess of the number of profitable deals over the number of losing ones. Recommended: EURUSD 5m; GBPUSD 5m; USDJPY 5m. The Expert Advisor is able to work
Vise
Evgeniy Zhdan
Vise is a trend indicator. The upper and lower lines follow the price showing the prevailing price direction. Frequent breakthroughs of the upper line indicate a bullish trend, while frequent breakthroughs of the lower line indicate a bearish one. Parameters Points for UpLine - initial number of points for the upper line; Points for DownLine - initial number of points for the lower line. During the breakthrough of the upper level (line), this level shifts upwards by Points for UpLine. If the up
Twinkle
Evgeniy Zhdan
Twinkle is a trend-based scalper using stop loss and take profit invisible to the broker. The EA does not look for trend reversals. The EA catches strong market movements and opens orders in the direction of the trend. Your broker will not see the order closing levels. The EA closes orders independently when reaching the take profit or stop loss levels specified in the settings. Recommended trading symbols: EURUSD M5, GBPUSD M5. ECN accounts with 5 digits quotes are recommended. Expert Advisor
Shine
Evgeniy Zhdan
4.75 (4)
This Expert Advisor implements elements of the Martingale system. Orders are opened at a specified distance from the moving average. The Parabolic SAR indicator and certain technical details are used to ensure the most accurate entries. The EA is highly customizable. It is recommended for simultaneous use on 4 currency pairs: EURUSD M15; GBPUSD M15; USDJPY M15; USDCAD M15. Despite good stability, it is advisable to disable the EA operation during the days rich in news releases. Configurations P
LuckyCase
Evgeniy Zhdan
LuckyCase is an Expert Advisor with martingale elements. The EA strategy is based on a significant "deviation" of the price from SAR inadicator and the Bands levels breakthrough point. The money management system is an essential part of the EA. It starts working after a trade is opened. Trades are closed after accumulating specified points of market orders, by deposit % or after an opposite side of the channel is broken through. The default EA settings are meant for: EURUSD M15; USDJPY M15. The
Elize
Evgeniy Zhdan
The Elize Expert Advisor has been designed to work with the EURCHF currency pair. It considers the peculiarities of this trading instrument, its behavior and dependence on the behavior of other currencies. In particular, when the currencies of the European countries (EURUSD, GBPUSD, EURNOK, EURCHF) move in the same direction, the EA starts its operation and opens a deal in the trend direction of the European currencies. In the event of price rollbacks, the EA uses a unique method for making the
AllTrendLines
Evgeniy Zhdan
4 (1)
Brief Description of the All Trend Lines Indicator The indicator analyzes the wave structure of the market. What it displays on the chart: First. Wave pivots (semaphores) • Red markers – wave highs • Yellow markers – wave lows • Yellow-green markers – additional local extremes Second. Trend lines • Purple/blue lines – trends based on highs (resistance/support) • Beige/green lines – trends based on lows • Lines are built automatically by connecting wave pivots of the same type Third. Main trend
FastTraffic
Evgeniy Zhdan
The Expert Advisor has been specifically developed for trading gold (Spot Gold). The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation. Martingale and averaging are not used. Each order is independent and is accompanied b
Jazz
Evgeniy Zhdan
The algorithm of this Expert Advisor determines the significant price levels, where the trend often turns into a flat or reverses. Stochastic Oscillator serves as an additional filter of overbought/oversold zones. The EA sets stop loss and take profit after opening an order. The underlying trailing strategy applies a trailing stop. The EA is recommended for simultaneously use on three trading instruments: EURUSD M5, GBPUSD M5, EURCHF M5. Settings: Comment to order - comment to orders. MaxRisk -
Panther
Evgeniy Zhdan
The Expert Advisor looks for technical analysis patterns formed on the higher (hourly) timeframe to start working on the 5-minute chart. Technical analysis patterns used: double top/double bottom, head/shoulders, flag, expanding/narrowing triangles. The Relative Vigor Index technical indicator is used as the filter for opening deals. It is based on the idea that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. This
Spook
Evgeniy Zhdan
The Expert Advisor calculates the divergence on the current and higher timeframes. In case the divergences coincide, the EA starts its operation. Deals have strict take profit and stop loss levels. Each deal is managed by trailing stop. The strategy involves the use of a tight stop-loss. Therefore, losing deals and/or series of losing deals are not uncommon. This EA is not suitable for those who have difficulties coping with losing deals. The EA is recommended for simultaneous use on the followi
Grand
Evgeniy Zhdan
The Expert Advisor has been developed specifically for the features of the CHFJPY currency pair. The EA's algorithm determines the direction of the current trend and starts operation. In case of a price reversal within the current trend, the EA adds additional orders. If trend changes, the EA starts to work in the direction contrary to the initial grid of orders. If there were no conditions for closing orders and the trend direction changed again, the EA continues to work with the "first" grid o
Intensive
Evgeniy Zhdan
The Expert Advisor algorithm determines on daily charts those candlestick patterns, which set the intraday trading direction. The trading EA determines how long the price is moving in overbought/oversold zones and starts working in the direction of the expected trend movement. Each position is accompanied with a tight stop loss and take profit. Only one active position can be open in the market. The EA was developed and tested using 99% quality quotes. The Expert Advisor has a built-in news filt
Slender
Evgeniy Zhdan
The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested
Dreamer
Evgeniy Zhdan
Советник работает по принципу хеджирования с периодическими "перекосами" в сторону трендовых направлений. Направления тренда советник определяет на основании стандартного индикатора Parabolic Stop and Reverse system (SAR). Уникальная стратегия установки балансирующих позиций позволяет избегать больших просадок даже при самых не благоприятных рыночных условиях. Параметры по умолчанию рекомендуется использовать на торговом инструменте: GBPJPY 15m. Разработка и оптимизация параметров производились
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