Matrix Arrow EA MT4/5 comes with EURUSD, XAUUSD and BTCUSD set files, available here.

There aren't any suggested settings for the instruments you are asking, so you need to make your own testing in order to find profitable setups.

Matrix Arrow EA MT4 was updated with the addition of Signal Confirmation true/false setting and of a second Confirmation Timeframe setting.

When Signal Confirmation setting is true, the Matrix Arrow EA MT4 will use the Confirmation Timeframe in order to check if the Matrix Arrow Indicator signal of the Working Timeframe is in the same direction with the Matrix Arrow Indicator signal of the Confirmation Timeframe, in order to open or not the appropriate buy/sell trade.

This new setting can make the Matrix Arrow Indicator signals even better and more accurate.

Please update your Matrix Arrow EA MT4.

New set files for Matrix Arrow EA MT4 have been uploaded in the product's description.

These set files are for trading  BTCUSD, CADJPY, EURAUD, EURUSD, GBPUSD, NZDJPY, NZDUSD, USDJPY, XAUUSD with Matrix Arrow EA MT4.

Hello Eleni,

Can the Hull MA be added to the indicator and EA?

Thank you

Matrix Arrow Indicator and EA are using only standard Metaquotes indicators.

Hull MA is a custom indicator, it could be done but it has to be integrated into the code.

I need to make tests to make sure that it will add something to the whole concept and I may think about it in a next update.

You need to understand that I get many requests about adding this or that indicator to the Matrix Arrow Indicator, but the concept from the beginning was to use only standard indicators, so I have to prioritize.

Dear friends,

The Matrix Arrow EA MT4 was updated and now the Trading Hours are in optimizable format.

Also 15 new set files have been published for 2022 to trade and experiment with them.

Please update your Matrix Arrow EA MT4.

Dear friends,

I have received some feedback that some of the set files I introduced 2 months ago, based on the 2021 Matrix Arrow EA MT4 backtests, were not doing that great at the beginning of 2022.

I was also 'instructed' that a longer period of optimization, 2-3 years back instead of the 12 month optimization I am usually doing, would produce better and more adaptable to all kinds of market results.

In the previous 2 months, I've performed optimizations for a few symbols, based on a 3 year period (2019-2021) but I regret to say that the set files I produced were performing worse in 2022 than those that were based on 2021 alone.

So my idea that a closer to current market optimization would work better on the future market, is not that far from truth after all.

From now on all the optimizations I will perform will be based on the following sequence:

1. Two months after the 12 month period I want to optimize, I will perform new optimizations for all symbols, based on the prior to these 2 months period, for example I did new optimizations in February for the entire 2021.

2. I will test the best results that come out of that optimization, on the entire 12 month + 2 extra months period that has already passed, so in this example I backtested all optimized results on the entire 2021, plus Jan-Feb of 2022.

3. I am keeping only the results that perform well in these 2 extra months that follows the optimization period, so in our example I publish new set files only for the results and symbols that perform well at the beginning of 2022 too.

4. I will repeat this procedure 2 times every year, in February and in July, so you would expect new set files for the Matrix Arrow EA MT4 in coming August and in March of 2023 next.

I wish you all health and prosperity!

Hello,what's the correct time frame for to work the EA, in the scheme of EURUSD i read two settting, "working timeframe" and "confirmation timeframe" what is the correct timeframe to set on the chart?

For set the correct broker GMT time how i can do?

Thanks in advance for your answers

Alberto

Hello ,this night i put your EA in a demo account an it has worked, opened all the trade by Matrix indicator, now i switch the account to a real account but it not work,not open any trade, what is the problem please?

Video Guide: How to Setup Matrix Arrow EA MT4 and Matrix Arrow Indicator MT4 with provided set files

Dear friends,

A new important update comes to the Matrix Arrow EA MT4 that will improve significantly the responsiveness of the EA to the changes and volatility of the market.

The addition of Stop Loss, Take Profit, Break Even and Trailing Stop Loss levels in Percentage of Average Daily Range of a set number of Average Daily Range Candles.

Please update your Matrix Arrow EA MT4 and load the new updated set files, that include the new SL/TP/BE ans trailing SL levels in Percentage of Average Daily Range.

PS. Below you can see a very good example of Gold/XAUUSD that was very volatile during the last 2 months due the war and the improvement that is made in its results when the Stop Loss and Take Profit are expressed in Percentage of the Average Daily Range (which increased very much recently) instead of fixed levels in points.

Hello, please follow the instructions below to setup your Matrix Arrow EA MT4 on your trading account.

Make sure that you have purchased the Matrix Arrow Indicator MT4 too, that is necessary in order to run the Matrix Arrow EA MT4.

Contact me for anything else that you need, I am always happy to help!

Video Guide: How to Setup Matrix Arrow EA MT4/5 and Matrix Arrow Indicator MT4/5 with provided set files

WARNING: Dear friends and users of the Matrix Arrow Indicator MT4, if you use the Multi Timeframe Panel MT4 and the Matrix Arrow EA MT4 as well, you must update all these 3 products together, in order to work smoothly after their update, because the New Matrix Arrow Indicator MT4 can only work with the New Matrix Arrow Multi Timeframe Panel MT4 and the New Matrix Arrow EA MT4. I also strongly suggest you to perform your updates when you have no open trades in your trading account!

Matrix Arrow EA MT4 has been updated with the following improvements:

1. New exit confirmation timeframe option has been added, that will filter the closing of the Matrix Arrow EA MT4 trades similarly to the entry confirmation timeframe setting.

2. All Matrix Arrow Indicators can now be used for entry signal only, exit signal only, entry & exit signal or nothing at all. Possibilities and variations are much increased, improving the performance of the Matrix Arrow EA MT4.

3. A new strategy has been added for the RSI indicator. From now on except the RSI Crossing strategy, you can use the RSI Smooth strategy, that opens buy trades above the RSI Smooth Overbought Level and sell trades below the RSI Smooth Oversold Level. I will post a detailed explanation of that RSI Smooth strategy in the settings/inputs guide and in the comments section.

4. New EMA Crossing options have been added at the bottom of the Matrix Arrow Indicators, that can filter the entry and exit signals better, improving Matrix Arrow EA's performance in consolidation periods.

5. New optimized default settings are introduced for the Matrix Arrow Indicator, that will improve its performance in most symbols/instruments and timeframes. These new default settings have been applied to the Matrix Arrow EA MT4 as well.

6. New optimized set files are introduced for 14 symbols/instruments. You will find them here: https://www.mql5.com/en/blogs/post/745695

WARNING: Dear friends and users of the Matrix Arrow Indicator MT4, if you use the Multi Timeframe Panel MT4 and the Matrix Arrow EA MT4 as well, you must update all these 3 products together, in order to work smoothly after their update, because the New Matrix Arrow Indicator MT4 can only work with the New Matrix Arrow Multi Timeframe Panel MT4 and the New Matrix Arrow EA MT4. I also strongly suggest you to perform your updates when you have no open trades in your trading account!