Simple Expert Advisor

VELVET SEA:

a usable, free simple expert advisor by the maker of velvet.


CONCEPT

This expert advisor is designed for use with a VPS that has continuous connectivity and trades based on whether or not it detects decisive momentum in a market, and can be configured to trade all open charts in a session or for it to only be attached to one chart with a given set of parameters.  That makes it possible for Velvet Sea to trade different symbols with different parameters to suite the needs of the user, because different instruments might have different degrees of leverage and the cost of the spread might be an order of magnitude apart.  So it trades based on the behavior and the direction of the market and that makes it possible to allow this product to take the emotions out of trading; set how often and how much it trades by setting the parameters.  The frequency of trading events depends on the degree of leverage that is offered by each user's broker, and so the default settings might not be suitable for all investors.  However, given due diligence and testing with demo accounts, some users may experience growth in excess of 100%; this should not be expected for most users.

INPUT PARAMETERS

  • input int PeriodInBars=6; This is the base averaging period.  The advisor will double the length of the base averaging period and check the averages obtained in that sequence for order, either increasing or decreasing, to detect decisive momentum that will trigger trading activity in the user's account.  The averaging period is listed in "bars" so this also depends on the time frame of the chart being displayed in the session
  • input int PeriodsToCheck=4; This is the number of times the algorithm will double the duration of the averaging period to determine if the averages are in increasing or decreasing order as the averaging period is doubled.
  • input int PeriodTimer=60; This is the amount of time that the algorithm allows to elapse between attempting to detect decisive momentum that will trigger trading activity in the user's account.  This parameter is in units of minutes, so 60 seconds = 1 minute, 300 = 5 minutes.
  • input double InputVolume=0.01; This is the size of the trade that will be placed by the algorithm if it is able to detect decisive momentum.  0.01 corresponds with the default lot size for forex trading with EagleFX.
  • input bool ChartLocked=true; This is the flag that determines if the expert advisor's parameters will be applied to all charts in the session or only the chart that it was applied to.  The default value is true and that corresponds with the notion that all symbols are different and any two different symbols may have significantly different levels of leverage that would make one set of uniform parameters inappropriate to use for both.
  • input bool RiskAverse=false; This is the flag that determines whether the algorithm will trade against momentum or with momentum.  Risk Aversion can be observed better by correlating the data provided by the Bifurcated Averages Analyzer and the direction of price action.  If prices and the Bifurcated Average move together this is a risk averse market, otherwise the market is in a continuation posture. 
  • input bool ClearWeekly=false; This flag determines if the the advisor should run a routine to close all positions once a week.  It is currently set to execute this command at the beginning of the week. (Sunday evening in the U.S., Monday morning for Asia-Pacific Coast)  A delay was programmed in to keep the session from crashing, so it closes just under a hundred positions a minute, which could take a long time to clear out if the volume of trade is sufficiently high. 

A WORD ABOUT APPROPRIATE PACE V. INAPPROPRIATE PACE

It is critically important not to overleverage your trading account, because if you do, in most cases you likely lose close to your entire balance if you use too much leverage.  This advisor will not stop you from entering a pace and volume of trading activity that is inappropriate and the individual investor must calculate out what their margin requirements will be and their ideal degree of leverage to be certain that they do not run into a liquidation condition.

TRADE FRIENDLY.  DON'T GET LIQUIDATED.

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DMITRII GRIDASOV
Experts
PRO MULTI SNIPER EA è un sistema di trading automatico di alta qualità con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.  M15 timeframe!   No Grid! No Martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica i file EA Set_files per test e trading: GBPCAD Set_file GBPAUD Set_file Caratteristiche uniche dell'EA: - Vengono utilizzati metodi di apprendimento automatic
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
Experts
MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
Aura Superstar MT4
Stanislav Tomilov
4.78 (9)
Experts
Aura Superstar  is a fully automated EA designed to trade  currencies during rollover time .  It is based on machine learning cluster analysis and genetic scalping  algorithms. The first multi-currency scalper using deep machine learning mechanism, a multi-level perceptron and an adaptive neuro filter combined with classic indicators. Expert showed stable results since 2003 year. No dangerous methods of money management used, no martingale, no grid, or hedge. Suitable for any good ECN broker.  I
The Gold Space MT4
Ayush V Jain
Experts
Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for MetaTrader 4, this EA capitalizes on high-probability volatility expansions using a precise, dynamically calculated breakout algorithm. It eliminates emotional trading by strictly adhering to institutional-level risk management and systematic execution. Core Strategy:   The system's engine operates on a robust   Breakout stratergy . It cont
Trend Catcher Exp
Ramil Minniakhmetov
5 (1)
Experts
Trend Catcher EA analizza i movimenti dei prezzi di mercato utilizzando indicatori di analisi del trend adattivi, proprietari e personalizzati dall'autore. Identifica la vera direzione del mercato filtrando il rumore di breve termine e concentrandosi sulla forza del momentum sottostante, sull'espansione della volatilità e sul comportamento della struttura dei prezzi. Combinando le capacità di smoothing e di filtraggio del trend di indicatori personalizzati come medie mobili, RSI e filtri di vol
PZ Hedging EA MT4
PZ TRADING SLU
2 (1)
Experts
Your safety net to turn losing trades into winners Have you ever taken a trade at literally the worst possible moment? Have you ever bought an asset just before a significant price crash? Or perhaps you've gone short at the worst possible moment before a rip-off rally? I have. And it sucks. It's one of the worst feelings in the world. Like a kick in the groin. To come out unscathed and in profit from these situations, I developed PZ Hedging EA. [ User Guide | Installation Guide | Update Guide |
Golden Mirage mt4
Michela Russo
5 (9)
Experts
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Experts
Come funziona Quando l'EA è attivo, analizzerà il grafico in base al parametro Modalità di esecuzione. Se non ci sono posizioni esistenti sul grafico, l'EA aprirà un trade in base al parametro. Se il trend è rialzista, aprirà un trade di acquisto, mentre se è ribassista, aprirà un trade di vendita. Imposterà anche un ordine di stop loss a una certa distanza dal prezzo di apertura del trade se la variabile stop loss è maggiore di 0. 0 significa nessun stop loss. Se ci sono posizioni esistenti s
HFT Prop Firm EA
Dilwyn Tng
4.96 (631)
Experts
HFT Prop Firm EA, noto anche come Green Man per via del suo logo distintivo, è un Expert Advisor (EA) progettato specificamente per superare le sfide o le valutazioni delle società di trading proprietarie (prop firms) che consentono strategie di trading ad alta frequenza (HFT). Per un periodo limitato: utilità gratuite del valore di $198 quando acquisti HFT Prop Firm EA Versione MT5: https://www.mql5.com/en/market/product/117386 Monitoraggio delle prestazioni della sfida HFT (a partire da $200):
EA Legendary Scalper MT4
Ruslan Pishun
2 (1)
Experts
Real monitoring :   XAUUSD M30 SL3 ,          XAUUSD M30 SL5 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  2   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this advisor
Forex Dominance MT4
Ebrahim Mohamed Ahmed Maiyas
5 (2)
Experts
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Forex Market. It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patte
Altri dall’autore
Velvet MACD
Kevin Peter Abate
Indicatori
Velvet MACD is intended for use with the Velvet advanced ordering layer.  It is a modified version of the MACD indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet MACD indicator, the ordering layer must be installed and running.  Ordering from the Velvet MACD indicator requires that "Velvet Ordering Layer" ( found here ), version 2.0 or higher, be installed and running. Whe
FREE
Velvet RSI
Kevin Peter Abate
Indicatori
Velvet RSI is intended for use with the Velvet advanced ordering layer.  It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de
FREE
Velvet RVI
Kevin Peter Abate
Indicatori
Velvet RVI is intended for use with the Velvet advanced ordering layer.  It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here . All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer.  In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" ( found here ),
FREE
Bifurcated Averages Analyzer
Kevin Peter Abate
Indicatori
a novel indicator by the maker of velvet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
FREE
Virtual Exchange Reserve Equity Monitor
Kevin Peter Abate
Utilità
Virtual Exchange Reserve Equity Monitor In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a unive
FREE
Virtual Exchange Reserve Trendline Ordering Layer
Kevin Peter Abate
Utilità
Virtual Exchange Reserve In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of   equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a universal stop tha
Velvet Ordering Layer
Kevin Peter Abate
Utilità
velvet is an advanced ordering layer designed with MQL4 for use on a virtual private server to allow users to place orders with graphical objects placed onto compatible indicator charts displayed in the user session.  The current version of  velvet  supports ordering from trendlines placed on price charts and ordering from trendlines on the compatible version of the RSI indicator found here .  For compatible indicators to function they must be installed to the "velvet" (case-sensitive) directory
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Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.12.14 12:33 
 

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Prathamesh Prakash Gawde
385
Prathamesh Prakash Gawde 2022.06.14 06:13 
 

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