Wager

Wager is an uncomplicated and very useful utility that is used in combination with your favorite Expert Advisor or signal. Maybe you have an Expert Advisor or a signal with a good winning percentage, and you wish you could increase the position size? That is exactly what Wager does. Wager monitors the Expert Advisor of your choice by Magic Number, so that when your Expert Advisor opens, modifies or closes an order, Wager will mimic the exact same thing as fast as you would expect. It doesn't matter if it's a market execution or pending order, Wager will mirror your favorite bot.

It's, in a nutshell, a way to multiply or amplify the volume you're trading with right now with a specific Exper Advisor or signal. For example, if the Expert Advisor that you want to mimic is trading 0.02 and you want to amplify that to a factor of 4.5x, Wager will open the same trade but with 0.09 lots.

You won't see hundreds of options, parameters, switchs and useless bells and whistles because you simple won't need them. Wager is straight to the point: magic number to copy, the factor (multiplier) to use and if you want to copy existing trades or not, and you're good to go. Easy, simple, done.


Instructions

  • Works regardless of the symbol and timeframe.
  • Make sure that Wager's Magic Number is unique within your Metatrader 4 terminal.
  • Enter the Magic Number of the Exper Advisor that Wager will wage on.
  • Use the 'Close All' button if you need to close all of Wager's open positions.

Input parameters

  • EA SETTINGS
    • Wager magic number - . Default value "94752007". Unique ID of Wager. This ID must be unique within the same Metatrader 4 terminal in order for other EA's not to interfere with Wager and viceversa. Do not use more than eight digits because it might create issues (possible MT4 bug).
    • Magic number to copy. Default value "0". Unique ID of the EA/Signal to be copied from. This is set by default to zero on purpose so that you have to change it, otherwise Wager will throw an error alert.
    • Comment prefix. Default value "wager". Prefix to be added to the order comment, along with other internal label. 
    • Wage factor . Default value "1.01". This is the factor or multiplier that Wager will use to amplify (or simplify) the original order. The original value trades the same volume as the EA to copy from (actually original amount multiplied by 1.01). For example if you want to open four times the current volume the EA (or signal) to copy is trading you'd enter "4". The field takes positive number with decimal places, so if you want to copy only two thirds of an EA (or signal) you'd type "0.33". 
    • Copy existing orders. Default value "false". The default value will wait for the EA to copy from to send a new order, then Wager will copy from it. It will ignore orders (or pending orders) already placed when Wager starts to work. If you want to copy existing trades set this option to true, but make sure you understand what you're doing since you might be entering a deal at a disavanteous price. 

  • UI SETTINGS
    • Button background (pressed) . Default value "Tomato". Color of the button when pressed (ON).
    • Status and info message . Default value "Gold". Color of the status and information messages displayed by Wager on the top right corner of the chart. 

  • Past performance is not indicative of future results.
  • Ask your questions in the "Comments" tab, so that everybody can benefit from it. No answers will be provided by private message. 
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Account Protector Meta Trader 4 This utility prevents risk of ruin per trading cycle.  Retail forex trading accounts are designed with   stop out levels   that make it impossible to quickly restore lost trading capital   (to initial levels)   in the event of a human or algorithm trader  " blowing"   an account. This hampers the efforts of a trader who after growing an account investment to a multiple of its initial value, suddenly suffers irreparable loss because of several trade entry mishaps.
MT4/MT5 Dual Copier Pro: Skyrocket Your Trading Success with Seamless Precision! Youtube Demonstration: https://youtu.be/auW00CG386o?si=Du2axdoBzTmUJ3yp Unlock the power of automated trade replication with Dual Copier Pro, the ultimate Expert Advisor (EA) designed to revolutionize your trading experience on MetaTrader 4 and MetaTrader 5. Whether you are a seasoned trader, a hedge fund manager, or a prop firm guru, this robust, feature-packed tool ensures your trades are copied with lightning-fa
Exp Averager
Vladislav Andruschenko
4.82 (22)
Exp-Averager   è progettato per calcolare la media delle operazioni che hanno ricevuto un certo prelievo aprendo operazioni di media. Il consulente ha la capacità di aprire nuove posizioni in tendenza o contro la tendenza attuale. Include anche una funzione intelligente di trailing stop che si applica a una serie di posizioni. Il consulente può aumentare o diminuire la dimensione del lotto delle posizioni. Questa è una strategia ampiamente utilizzata per riportare le posizioni in perdita al pre
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
Shepherd Safety EA
AW Trading Software Limited
4.92 (13)
The work of the utility is directed at opening new market orders, maintaining them, transferring the unprofitable orders into profit using an internal loss handling algorithm, trend filtering and various types of trailing stop and take profit. Suitable for any instruments and timeframes. The algorithm works separately for buys and sells, which allows simultaneously working in both directions as well. For the event when the additional orders opened by the utility do not become profitable, a StopO
ManHedger MT4
Peter Mueller
5 (1)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
News Filter EA MT4
Rashed Samir
5 (9)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
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BitDooZER
Carlos Moreno Gonzalez
4 (7)
BitDooZER is an Expert Advisor designed primarily to trade Bitcoin vs US Dollar on the M1 timeframe, and only on the weekends. BitDooZER is, above all, DooZER 's little brother, and behaves in a similar way, even though all internal parameters are adjusted keeping in mind the volatility, spread and price behavior of the BTCUSD symbol. BitDooZER also follows an averaging strategy with initial entry based on price action. If you want to know more about the strategy you can read all articles relat
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DooZER
Carlos Moreno Gonzalez
DooZER is an elegant and clean Expert Advisor which follows an averaging strategy with initial entry based on price action. DooZER works with baskets which can be composed by both Buy or Sell trades depending on the market. Trades are not treated separately by DooZER but as a whole basket instead. When the basket reaches the desired profit, the entire basket is closed, and a new one is opened. On the strategy DooZER can yield interesting results, but the strategy requires deep pockets. It can
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