Simple Expert Advisor

VELVET SEA:

a usable, free simple expert advisor by the maker of velvet.


CONCEPT

This expert advisor is designed for use with a VPS that has continuous connectivity and trades based on whether or not it detects decisive momentum in a market, and can be configured to trade all open charts in a session or for it to only be attached to one chart with a given set of parameters.  That makes it possible for Velvet Sea to trade different symbols with different parameters to suite the needs of the user, because different instruments might have different degrees of leverage and the cost of the spread might be an order of magnitude apart.  So it trades based on the behavior and the direction of the market and that makes it possible to allow this product to take the emotions out of trading; set how often and how much it trades by setting the parameters.  The frequency of trading events depends on the degree of leverage that is offered by each user's broker, and so the default settings might not be suitable for all investors.  However, given due diligence and testing with demo accounts, some users may experience growth in excess of 100%; this should not be expected for most users.

INPUT PARAMETERS

  • input int PeriodInBars=6; This is the base averaging period.  The advisor will double the length of the base averaging period and check the averages obtained in that sequence for order, either increasing or decreasing, to detect decisive momentum that will trigger trading activity in the user's account.  The averaging period is listed in "bars" so this also depends on the time frame of the chart being displayed in the session
  • input int PeriodsToCheck=4; This is the number of times the algorithm will double the duration of the averaging period to determine if the averages are in increasing or decreasing order as the averaging period is doubled.
  • input int PeriodTimer=60; This is the amount of time that the algorithm allows to elapse between attempting to detect decisive momentum that will trigger trading activity in the user's account.  This parameter is in units of minutes, so 60 seconds = 1 minute, 300 = 5 minutes.
  • input double InputVolume=0.01; This is the size of the trade that will be placed by the algorithm if it is able to detect decisive momentum.  0.01 corresponds with the default lot size for forex trading with EagleFX.
  • input bool ChartLocked=true; This is the flag that determines if the expert advisor's parameters will be applied to all charts in the session or only the chart that it was applied to.  The default value is true and that corresponds with the notion that all symbols are different and any two different symbols may have significantly different levels of leverage that would make one set of uniform parameters inappropriate to use for both.
  • input bool RiskAverse=false; This is the flag that determines whether the algorithm will trade against momentum or with momentum.  Risk Aversion can be observed better by correlating the data provided by the Bifurcated Averages Analyzer and the direction of price action.  If prices and the Bifurcated Average move together this is a risk averse market, otherwise the market is in a continuation posture. 
  • input bool ClearWeekly=false; This flag determines if the the advisor should run a routine to close all positions once a week.  It is currently set to execute this command at the beginning of the week. (Sunday evening in the U.S., Monday morning for Asia-Pacific Coast)  A delay was programmed in to keep the session from crashing, so it closes just under a hundred positions a minute, which could take a long time to clear out if the volume of trade is sufficiently high. 

A WORD ABOUT APPROPRIATE PACE V. INAPPROPRIATE PACE

It is critically important not to overleverage your trading account, because if you do, in most cases you likely lose close to your entire balance if you use too much leverage.  This advisor will not stop you from entering a pace and volume of trading activity that is inappropriate and the individual investor must calculate out what their margin requirements will be and their ideal degree of leverage to be certain that they do not run into a liquidation condition.

TRADE FRIENDLY.  DON'T GET LIQUIDATED.

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ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
XGen Scalper MT4
Burak Baltaci
3 (2)
Experts
XGen Scalper MT4 - Système de trading automatique professionnel XGen Scalper est un Expert Advisor de pointe qui combine une structure algorithmique avancée et une analyse technique éprouvée pour offrir des résultats cohérents sur tous les marchés. Ce puissant système de trading fonctionne sans problème sur les paires de devises, les métaux précieux tels que l'or et l'argent, les crypto-monnaies et les indices de matières premières. Technologie algorithmique avancée Son algorithme breveté de
Range Breakout EA MT4
BM Trading GmbH
5 (2)
Experts
Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept. The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program.  I use the stra
Stratos Mistral mt4
Michela Russo
4 (1)
Experts
LAUNCH PROMO Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> Tomorrow’s price: $399 Stratos Mistral is a robust forex trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of ADX, Moving Average, and High/Low Level indicators, Stratos Mistral delivers high-quality signals and fully automated trading on the M15 timeframe. It features a robust, pre-optimized configuration, ensuri
Bitcoin Scalp Pro
Profalgo Limited
5 (4)
Experts
Promotion actuelle : Plus qu'un seul à 549$ Prix ​​final : 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) N'oubliez pas de jeter un coup d'œil à notre «   Ultimate EA Combo Package   » sur notre   blog promotionnel   !   LIVE SIGNAL Bitcoin Scalp Pro est un système de trading unique sur le marché.  Il se concentre entièrement sur l'exploitation de la volatilité du marché Bitcoin en négociant les cassures des niveaux de support et de résistance. L'EA se concentre sur la sécurité
Aurum AI mt4
Leonid Arkhipov
4.94 (34)
Experts
MISE À JOUR — DÉCEMBRE 2025 Fin novembre 2024, l’Expert Advisor Aurum a été officiellement lancé à la vente. Depuis ce moment, il a fonctionné dans des conditions réelles de marché — sans filtre d’actualités, sans protections supplémentaires et sans restrictions complexes — tout en restant stable et profitable. Live Signal (launch April 14, 2026) Cette année complète de trading réel a clairement démontré la fiabilité du système de trading. Et seulement après cette période, en nous appuyant sur
Scalping Index Pro MT4
MQL TOOLS SL
Experts
Scalping Index Pro is a   professional trading system   designed specifically for fast and precise scalping on   US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability   trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic tra
Luna AI PRO
Profalgo Limited
4.67 (3)
Experts
Promotion de lancement : Seulement 1 exemplaires disponibles à 399$ Prix ​​final : 2000$ Il n'y aura qu'un nombre limité d'exemplaires vendus de cet EA Libérez la puissance de l'intelligence artificielle et portez votre trading à des sommets sans précédent avec le   Luna AI Pro EA   , le robot de trading "mean reverse" le plus avancé du marché. Conçu pour répondre aux besoins des traders chevronnés et des débutants, ce système de pointe piloté par l'IA est équipé d'un large éventail de fonctio
Akatsuki
Akihiro Tanaka
5 (1)
Experts
aperçu « Akatsuki » est un système de scalping XAUUSD (MT4) axé sur la récupération qui prend en moyenne environ 3 heures par transaction. Les spreads s'élargissent pour les paires de devises FX vers 0h00, heure du serveur (GMT+2). En revanche, le XAUUSD est moins affecté par son expansion. Profitant de ce contexte, nous effectuons des transactions à contre-courant en ciblant un nombre restreint d’acteurs du marché. Pour améliorer la reproductibilité, nous gardons la logique simple et évitons l
One Gold MT4
Stanislav Tomilov
4.68 (19)
Experts
Présentation de One Gold EA, un robot de trading sophistiqué pour l'or sur la plateforme Meta Trader, développé pour aider les traders à effectuer des analyses de marché avancées. Notre technologie exclusive exploite les réseaux neuronaux et les algorithmes basés sur les données pour analyser les données historiques et en temps réel du marché de l'or, fournissant des informations qui peuvent aider à la prise de décision. Contrairement aux stratégies manuelles traditionnelles, One Gold EA fonctio
Exorcist Projects
Ivan Simonika
3 (1)
Experts
Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
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Bifurcated Averages Analyzer
Kevin Peter Abate
Indicateurs
a novel indicator by the maker of velvet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
FREE
Velvet RSI
Kevin Peter Abate
Indicateurs
Velvet RSI is intended for use with the Velvet advanced ordering layer.  It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de
FREE
Velvet MACD
Kevin Peter Abate
Indicateurs
Velvet MACD is intended for use with the Velvet advanced ordering layer.  It is a modified version of the MACD indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet MACD indicator, the ordering layer must be installed and running.  Ordering from the Velvet MACD indicator requires that "Velvet Ordering Layer" ( found here ), version 2.0 or higher, be installed and running. Whe
FREE
Velvet RVI
Kevin Peter Abate
Indicateurs
Velvet RVI is intended for use with the Velvet advanced ordering layer.  It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here . All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer.  In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" ( found here ),
FREE
Virtual Exchange Reserve Equity Monitor
Kevin Peter Abate
Utilitaires
Virtual Exchange Reserve Equity Monitor In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a unive
FREE
Virtual Exchange Reserve Trendline Ordering Layer
Kevin Peter Abate
Utilitaires
Virtual Exchange Reserve In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of   equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a universal stop tha
Velvet Ordering Layer
Kevin Peter Abate
Utilitaires
velvet is an advanced ordering layer designed with MQL4 for use on a virtual private server to allow users to place orders with graphical objects placed onto compatible indicator charts displayed in the user session.  The current version of  velvet  supports ordering from trendlines placed on price charts and ordering from trendlines on the compatible version of the RSI indicator found here .  For compatible indicators to function they must be installed to the "velvet" (case-sensitive) directory
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Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.12.14 12:33 
 

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Prathamesh Prakash Gawde
385
Prathamesh Prakash Gawde 2022.06.14 06:13 
 

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