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Self test

This utility is designed for testing the signal indicators (arrow or trend based). This utility allows quickly evaluating the efficiency of an indicator.

To use this utility correctly, enter the exact name of your indicator in name_indicators. Then set filter 1 or 2, depending on the bar, where the order should be opened.

Next, set the number of the buffer for buying and selling, set take profit and stop loss. The indicator is ready to be tested.

This utility can be used in live trading as well.

Utility settings:

  • Show Buffer - enable/disable the visualization of the buffer with the signal.
  • Indicator - name of the tested indicator.
  • String-filter - the number of the bar after the signal to open an order.
  • Buffer to buy - number of the buffer for buying.
  • Buffer to sale - number of the buffer for selling.
  • Trade the bars - trade by bars (open orders when the bars open).
  • Cross closure - cross closure (close the order when an opposite signal appears).
  • Lot = 0.01 - lot size of the orders.
  • Stop Loss - stop loss.
  • Take profit - take profit.
  • Monday - trade on Monday.
  • Tuesday - trade on Tuesday.
  • Wednesday - trade on Wednesday.
  • Thursday - trade on Thursday.
  • Friday - trade on Friday.
  • Without loss - enable/disable breakeven.
  • The amount of starting breakeven - the amount of profit to start breakeven.
  • Profit for the breakeven - the amount of protected profit.
  • Trailing Stop - enable/disable the trailing stop.
  • Sum start TR-stop - trailing stop value.
  • The total take profit - enable/disable the total take profit for all orders.
  • The amount of take profit - take profit value (in the deposit currency).
  • The overall Stop Loss - enable/disable the total stop loss for all orders.
  • The amount of stop loss - stop loss value (in the deposit currency).
  • Stop Trafficking - stop trading after reaching take profit/stop loss.
  • Fast Close - emergency closure.
  • Color information - information color.
  • Not active information - inactive information color.
  • Active information - active information color.
  • Profit - profit color.
  • Color - drawdown color.
  • Orders BUY - color of buy orders.
  • Orders SELL - color of sell orders.
  • Removing tags - remove the labels.
  • Magic number - magic number for multicurrency trading.
  • The Information - display information on the chart.

Before buying, test the utility in the strategy tester!

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MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
Take a Break
Eric Emmrich
5 (27)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro include un potente gestore commerciale, un misuratore di forza valutaria, strumenti di rendicontazione dei conti, strumenti di gestione del rischio e molto altro! È uno dei più avanzati gestori e assistenti commerciali del forex che tu abbia mai incontrato! È la soluzione perfetta per i trader che desiderano un modo più efficiente di gestire le transazioni commerciali. Puoi scaricare il manuale utente sul nostro post sul blog:   https://www.mql5.com/en/blogs/post/751180
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