Scalper Series reversal trading

5

This EA will open reversal order if the price hit the red line.

eg: Buy ticket opened, if price hit below red line, buy ticket will be close and sell ticket will be open (lot size based on EA parameter setting)


Parameters Setting

  • Monitor order with StopLoss set:
    • if set to TRUE, order on same symbol with stoploss level will be closed if the stoploss line is hit
    • if set to FALSE, order on same symbol with stoploss level will be ignored
  • LotSize: Lot size for trade by EA
  • new StopLoss position range: After reversal trade opened, new Red Line position will be re-position to current price plus/minus this range
  • Slippage: Allow for the price slippage for new order
  • Stop EA after trigger new order: New order opened, want to stop EA? (note: if EA stop, there will be no Stop Loss/Take Profit monitor for the ticket)


Procedure to use

  1. Attach EA to any chart
  2. You will see a button and 1 red dot line
  3. Adjust the red dot line to any price that you wanted
  4. Click the activate button to activate the EA (Auto Trading must be turned ON)
  5. You will see activate button color change from grey to red and dot line become solid line, which mean the EA is activated
  6. To stop the EA, click again the activate button, this time activate button will turn back grey
Recensioni 1
Julian N
809
Julian N 2019.04.24 12:01 
 

Works perfectly. Nice and simple.

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Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
KopirMT4 Copy trades for MT4
Alexandr Gavrilin
4.54 (82)
The adviser has been withdrawn from sale  KopirMT4 (CopierMT4) - transaction copier for the MetaTrader 4 terminal, copies (synchronizes, duplicates) transactions from any accounts (copier, copy dealers).  Supports copying: MT4 <-> MT4, MT4 -> MT5 Hedge, MT5 Hedge -> MT4 Support:  https://www.mql5.com/ru/messages/01c3f341a058d901 Why exactly our product? The copier has a high speed and is not dependent on ticks. Copy speed - less than 0.5 sec. Transactions are copied with high accuracy, the sc
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
Altri dall’autore
Auto-closing a trade using candle Сlose price based on a timeframe opened. No need to set TP/SL point Make ‌sure connection and PC are always ON (I recommend using 99.9% up-time VPS) Only support for one direction ticket only, if buy and sell ticket exist at the same time, the EA will not activate The EA will automatically activate if the conditions are met Input NumberOfTry - number of retries if order trigger failed Condition For Buy Ticket Blue line must be ABOVE the current price Blue line
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Julian N
809
Julian N 2019.04.24 12:01 
 

Works perfectly. Nice and simple.

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