Saint Volume Trader EA

1

Saint Volume Trader EA consists of the two sets of strategy. When "read volume" parameter is on, the EA trades with special build-in software to extract volume data from the data provider. Data provider updates real time data for every two minutes. When "read volume" set to false, the EA trade with standard MetaTrader 4 volume indicator. Both strategies have the same concept to read aggregated volume figures from the standard MetaTrader 4 volume indicator or data provider on a certain timeframe. By presetting a value requirement for opening a trade in the "trigger level" parameter, the EA will place buy/sell pending orders when the requirement value is met. Either buy or sell order is hit, the opposite one will be canceled. Below are basic information and EA's parameters.


Basic EA information

  1. Currency pairs = EURUSD, GBPUSD, USDJPY, GBPJPY, USDCAD, EURAUD, EURJPY, EURGBP and USDCHF.
  2. Timeframe = All.
  3. Chart = Preferably use Renko Chart.
  4. Requires VPS.
  5. Volume reading = EURUSD, GBPUSD, USDJPY, GBPJPY, USDCAD, EURAUD, EURJPY, EURGBP and USDCHF.
  6. Use ECN broker.
  7. One platform is allowed to read one pair from the service provider (if a user would like to trade seven pairs, thus seven platforms are needed).

Note: A user can test or try other pairs than listed above.


Inputs

  • Read Volume = (true/false)
  • Query interval = 120 (fixed to 120 or equal to 2 minutes; do not change this value)
  • Max Active Orders = X
  • Auto lot (true/false)
  • Risk = X % (risk of capital in percentage)
  • Fixed Lot = X (fixed lot size setting)
  • Trade trigger volume = X (volume amount to be decided to open trades)
  • Pending distance = X pips (pending order's distance to the current price)
  • Martingale (true/false)
  • Martingale Multiplier = X (lot increase setting when a trade is on the loss-making side)
  • Stop Loss = X (stop loss in pips)
  • Take profit = X (profit taking in pips)
  • Trailing (true/false)
  • Trail start = X (trail start in pips)
  • Trail stop = X (trail distance in pips)
  • Trail step = X (trail step in pips)
  • Magic number = X (in 4 digits)
  • Slippage = X (slippage in pips)
  • Trade comment (display account information on top left of the platform)
  • ECN broker (true/false)
  • Display (true/false)


EA's Setup

Users are required to add URL at MetaTrader 4 platform under Tools --> Options --> Expert Advisors.

Under Expert Advisors' tab, make sure to tick the following options:

  • Allow Automated trading
  • Disable automated trading when the account has been changed
  • Disable automated trading when the profile has been changed
  • Allow WebRequest for listed URL (URL to be added is www.myfxbook.com/forex-broker-volume/)


Recommendations

  • Before getting familiar with this EA, users are encouraged to test it on a demo account to choose their favourite pairs, lot size or multi pairs on multi platform.
  • The use of money management is recommended to follow this ratio: 10k deposit to trade 0.1, 1k deposit to trade 0.01 and so on.

Further information will be provided.

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Algo Capital Advanced Market Intelligence Trader: Empowering Traders with Integrity and Insight Algo Capital proudly introduces its inaugural state-of-the-art Advanced Market Intelligence Trader - engineered to transform your trading experience through precision, adaptability, and advanced market intelligence. Powered by proprietary algorithms and deep market research, this solution is designed to deliver consistent, high-quality performance across diverse market conditions. Why Algo Capital?
Unlike most other EAs in the market, I always assure every single of my EAs are of highest quality: Real trades will match backtesting. No loss hiden techniques to hide historical losses, no manipulated backtest to make backtesting curve smooth without loss (only naive traders believe in smooth upward curve with no risk - they are most likely scamming). My EA always have multi-years verified statistical trading edge. Robust and long term stable with sensible risk management. Not sensitive to sp
Gold Medalist
Dmitriq Evgenoeviz Ko
Gold Medalist is an intelligent system focused on volatile trading on the XAUUSD market. It aims to identify and effectively exploit short-term price impulses, providing traders with new profit opportunities. The full list is available for your convenience at https://www.mql5.com/ru/users/pants-dmi/seller The Gold Medalist's key advantage lies in its unique price action analysis system. By accurately measuring price movement, it can identify true market momentum signals while avoiding false si
Gold Emperor EA
Dmitriq Evgenoeviz Ko
1 (1)
Gold Emperor EA MT4 Expert Advisor the full list for your convenience is available https://www.mql5.com/ru/users/pants-dmi/seller  Gold Emperor EA is an automated trading advisor (expert) designed specifically for gold trading (XAU/USD) on the MetaTrader 4 (MT4) platform. It is designed to maximize profits and minimize risks when trading this volatile asset.   Key Features:   Gold Specialization: The EA is designed to take into account the specific characteristics of gold price movement,
FXbot mt4
Marek Kvarda
5 (1)
This robot uses its own built-in oscillator and other tools to measure market movements (volatility, speed, power, and direction). At an appropriate time, it places an invisible pending order on the market, which it continues to work with according to the set TradingMode. It is recommended to use a fast broker with low fees, accurate quotes and no limitation of stop loss size. You can use any timeframe. Features spread protection slippage protection no grid no martingale a small SL for every tr
Forex Dream X – Trend-Based Expert Advisor with Smart Risk Management Broker (Recommended):   https://one.exnesstrack.org/a/lmeqq9b7 Forex Dream X is a fully automated Expert Advisor designed to trade in the direction of the market trend using a combination of price action, volatility filtering, and moving average logic. The EA focuses on disciplined entries, strict risk control, and automatic lot sizing based on account balance and user-defined risk percentage. The system is optimized to
Omega Code
Nguyen Hang Hai Ha
Introduction EA Omega Code is a core strategy that has been distilled over many years of research and optimization for the Forex and Gold markets. The strategy combines Scalper and Trailing to optimize performance and reduce risk. Trading orders have Stop Loss, Trailing for customization, and provide many other parameters to optimize the system to suit each user's trading plan. Promotion: with the purchase of Omega Code, users can access the source-code. If you are really interested in the sour
Pharaoh Gold
Dmitriq Evgenoeviz Ko
1 (1)
Pharaoh Gold  is carefully designed for effective trading of gold and any currency assets with an emphasis on reducing risks and increasing potential profits. Trading is carried out by pending orders in the direction of the trend. the full list for your convenience is available https://www.mql5.com/ru/users/pants-dmi/seller The advisor is able to adapt to the constantly changing market dynamics, identifying statistically significant price patterns with a high degree of forecasting accuracy. Th
EvoTrade EA MT4
Dolores Martin Munoz
5 (1)
EvoTrade: Il primo sistema di trading auto-apprendente sul mercato Permettetemi di presentarvi EvoTrade, un consulente esperto unico nel suo genere, sviluppato con tecnologie all'avanguardia di visione artificiale e analisi dei dati. Si tratta del primo sistema di trading auto-apprendente sul mercato, operativo in tempo reale. EvoTrade analizza le condizioni di mercato, adatta le strategie e si adegua dinamicamente ai cambiamenti, garantendo una precisione eccezionale in qualsiasi ambiente. EvoT
Fundamental Hunter – The Smart Money Tracking Expert Advisor You buy a unique opportunity not an EA. Early buyers get the power first... at a price they'll never get back. Next price will be:   $1200   |   2/10   spot remains Next price will be: $1600 | 10/10 spot remains Next price will be: $2000   | 10/10 Final price: $2400 Live result If you are looking for an Expert Advisor that goes beyond indicators and actually understands the market through real economic data , Fundamental Hunter is
Altri dall’autore
Saint Volume Trader EA consist of two sets of strategy. When "read volume" parameter is on, the EA trades with special build-in software to extract volume data from the data provider. Data provider updates real time data for every two minutes. When "read volume" is set to false, the EA trades with the standard MetaTrader 4 volume indicator. Both strategies have the same concept to read aggregated volume figures from the standard MetaTrader 4 volume indicator or data provider on a certain timefra
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IBMSOLID 2018.05.18 14:51 
 

I rented this ea for a month and backtested it on different pairs and on median and standard renko charts. The results were different from the ones in the video. Then I tested the whole thing in a demo account for about three weeks and the results were disappointing. The ea made some gains but most were lost by the negative ones.

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