Stochastic and 3 iMA
This is a simple trend strategy for Forex.
Recommended timeframe is H1, the default settings are for the GBPUSD currency pairs (for other timeframes and currency pairs, it is necessary to select other indicator settings).
The following indicators are used in the strategy:
- Exponential Moving Average: EMA (4) — blue
- Exponential Moving Average: EMA (13) — green
- Exponential Moving Average: EMA (50) — orange.
- Stochastic Oscillator (12,9,5), levels — 20, 40, 60, 80.
A buy trade is opened at the opening of the next candle after the following conditions are met:
- ЕМА (4) crosses ЕМА (50) upwards.
- ЕМА (13) also crosses ЕМА (50) upwards.
Stop loss is set at the distance of either 50-70 points, 70 by default, or below EMA (50) — whichever is greater.
Exit the position as soon as the dotted (%D) line of Stochastic crosses the level 60 downwards. Figure 1. Additionally, exit the position when ЕМА (4) crosses ЕМА (50) upwards, provided that the position in profit.
For sell trades the conditions are opposite.
Exit the sell trade as soon as the dotted (%D) line of Stochastic crosses the level 40 upwards. Figure 2. Additionally, exit the position when ЕМА (4) crosses ЕМА (50) downwards, provided that the position in profit.
- Lot for trading - lot size.
- StopLoss - for five-digit quotes.
- MagicNumber - Magic Number
- The reverse trade??? - if FALSE, then trading is performed strictly according to the strategy. If TRUE, the EA opens positions inversely.
- Stochastic High Level - the upper level, the overbought level of the Stochastic indicator.
- Stochastic Low Level - the lower level, the oversold level of the Stochastic indicator.
Hopefully, the indicator parameters are self-explanatory.
Quant Scalper MT5 monitors various newswires to get a jump on significant news items. Quant Scalper MT5 is very active in momentum trading and further perpetuates the magnitude of price movement and volatility. The nimble get rewarded while the latecomers get trapped. Momentum trading is the hallmark of algorithm programs that can execute trades in milliseconds. Quant Scalper MT5 is programmed to access news and quotes faster than humans. This EA is constantly competing, racing and leapfrogging
Smart Robot MT5 is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic that managed and decided with robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA don't need any professional information or Forex Trading Knowledge. The EA works with low margin level and thus has low risk. This is Free Version and limitations is : Trade on EURJPY only with lot size
A neural network Expert Advisor based on two moving averages with the training mode. Train the Expert Advisor on selected examples and make a profit in real life. The EA can work on any instrument and in any timeframe. Trading Algorithm of the EA Two moving averages are analyzed by the neural network core, which produces commands to buy or sell. the values of two moving averages, fast (FMA) and slow (SMA), are provided to the first layer, at the second layer it calculates two neurons responsib
MACrossXL is a fully automated EA. It is based on mathematical algorithms of the Stochastic Oscillator, ADX indicator and two moving averages, one short and another long. MACrossXL works by strategy based on the above mentioned indicators. The EA is designed for EURUSD and optimized for M15 charts, although works with M5 charts. Recommendations The EA is designed for EURUSD and optimized for M15 charts, although works with M5 charts. The EA is designed for EURUSD (best results), USD/JPY, EUR/C
This is an automated Expert Advisor that trades using the MACD and Envelopes indicators. Real account fully managed by the Expert Advisor The paid version is available here . The free version has the following limitations. No panel for opening orders. The trading is limited to the EURUSD currency pair and similar. Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders. Pause after closing of all orders is 6000 minutes. D
The Expert Advisor recommended for trade on EUS/USD M5. It is based on free indicator "UpdatedRSI". The robot calculates the market entry/exit points based on signals from indicator "UpdatedRSI". The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It uses an efficient trailing, which automatically adjusts the take profit and stop loss parameters to minimize losses. It is also possible to set the maxi
A fully automated, parameterised expert advisor that generates trades based on ADX and RSI values with ATR to set Stop Loss & Take Profit. My first attempt at an EA based on a strategy first described in the forums: https://www.mql5.com/en/forum/179186 Input Parameters MaxSpread - the maximum allowable spread when opening and closing trades. LotSize - hard coded lot for all trades. RSI1 - fast moving RSI. RSI2 - slow moving RSI used for confirmation on RSI1. RSIRising - low point to calculate R
This Expert Advisor catches quick movements of the price of a currency pair and opens positions in the movement direction. The functionality is the same with the MetaTrader 4 version. It includes stop loss, take profit and a system of averaging. Full version of the system for MetaTrader 5: Exp-TickSniper MT5 FULL . Full version of the system for MetaTrader 4: Exp Ticksniper The complete instructions (in Russian) are provided in our blog . All updates to our forex software are free ! Note: You c
And stop and reverse is an Expert Advisor that does not use indicators. Trade Strategy: Expert Advisor And stop and reverse trades on any currency pair and on any timeframe. The strategy is based on accompanying an open position with a trailing stop and reversing it when the trailing stop triggers. The Expert Advisor increases the deposit by limiting the losses and not limiting the profits due to the absence of a Take Profit. Input Parameters: LotConst - constant lot size; TrailingStop - the o
Fibo Trader is an expert advisor that allows you to create automated presets for oscillation patterns in reference to Fibonacci retracements values using fully automated and dynamically created grid. The process is achieved by first optimizing the EA, then running it on automated mode. EA allows you to switch between automatic and manual mode. When in manual mode the user will use a graphical panel that allows to manage the current trading conditions, or to take control in any moment to trade ma
The hardest part is to make the first step, open the first trade, overcome uncertainty and fear. Each trader has ups and downs, good days and black Tuesdays. Soulless machines, trading robots do not feel the fear or fatigue. But they need to earn credibility. Pony Trader trades only on one currency pair - EURUSD, and only on one time frame - H1. It makes it promptly, taking care of the trading account. Slowly but surely it pulls up your deposit. Following the trading rules formulated by the auth
This trading algorithm is designed for trading during low-volatility periods: the night before the opening of the London session or for trading low-volatility pairs. The trading robot allows to flexibly adjust trading parameters, including the risk level per trade, so that it is possible to maintain a balance between expected return and drawdown. The robot locks profit using Trailing Stop. Despite the fact that the algorithm includes a trading signals filter, it is not recommended for use during
The "Fractals and Arbitrage" (FNA MT5) Expert Advisor comprises two strategies. 1. The first strategy is the classic Breakthrough of Fractal Levels: Inputs for the strategy of Breakthrough of Fractal Levels: _point — indent in points from the fractal level for placing a pending order; _stopLoss — Stop Loss value in points; _takeProfit — Take Profit value in points; MAGICMA — Expert Advisor's magic number (for both strategies!); TStop — Trailing stop value; TrailingStep — Trailing Stop step; De
The strategy is based on the Alligator technical indicator, described by Bill Williams in "Trading Chaos". The system is based on three moving averages (Lips, Teeth and Jaw lines), and oscillators, calculated using the difference between them. The trading signals are generated after crossover of the Alligator lines, depending on trend, determined by order of these lines. In the case of upward trend the Lips line (with minimal period) is the highest, the next is the Teeth line, and the lowest i
GagarinEA MT5 is the latest Expert Advisor using a grid of pending orders. It is optimized for use with EURUSD, and can be used with other pairs with properly selected inputs. Input Parameters _point —the distance in points between pending orders; _ords —the number of pending orders; _Lag —the distance in points between the median of current prices collected in the array and the market price; TP —the take profit value in points; SL —the stop loss value in points; TStop —level for closing posit
Скальпер для счетов с неттинговым учётом ордеров. В данном эксперте реализована стратегия торговли на отбой от уровней поддержки и сопротивления. За базовую идею принят индикатор Levels. С помощью настроек внутреннего индикатора можно установить любой базовый таймфрейм для расчёта уровней. Запускается Эксперт на малых таймфреймах, рекомендуется PERIOD_М5 . Торговля доступна как с установленным в настройках размером лота, так и с динамически изменяющимся лотом в зависимости от настроек параме
Ilanis is an Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. This is a free version of the Ilanis Expert Advisor. The robot opens only buy trades. This allows to fully evaluate the operability of the EA, the systems of money management and position control. Can be used for trading on real accounts. But the performance of the full version is greater. To determine the market entry, the EA uses the modern and
This is a universal constructor Expert Advisor for MetaTrader 5. The Constructor EA is provided with a large set of functions. This Expert Advisor is a demo version of The X for Mt5 Expert Advisor which can run on a demo account and on a real account on USDJPY with the minimum lot. It is a versatile trading system with custom functions and more than 15 signals for opening positions and placing pending orders. You can select one of 15 signals to open a position and 5 of 17 filters to sort out the
Master Levels mt5 free ( full version ) analyzes the market situation over the last few days and determines the current levels. It tracks the breakouts of these levels. Trades are opened in the breakout direction. The Expert Advisor is fully automated. Master Levels is equipped with a flexible position management system. The trailing stop system allows to protect the obtained profit. Depending on the settings, the EA can work both as a scalper, and as an expert with medium profit targets. The EA
This trading algorithm is designed for trading significant intraday market movements. The trading robot allows to flexibly adjust trading parameters, including the risk level per trade, so that it is possible to maintain a balance between expected return and drawdown. The robot locks profit using Trailing Stop. The EA adapts to the current volatility values when calculating the Take Profit and Stop Loss levels. It is not recommended to set up the algorithm for trading at low volatility, for exam
Free version of the grid strategy! Identical strategy to the full version, the only limitation is the number of positions. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being used by most successful social traders having 500+ paid subscribers. Combine your trading experience with this automatic strategy! It contains grid for GBPJPY that is easil
The advisor NewsCatcher Free opens trades when the price makes a reversal move from support and resistance levels. Market entries should be confirmed by the Relative Strength Index (RSI). The RSI is implemented as a tachometer. The family of NewsCatcher advisors: NewsCatcher Pro automatically downloads calendars from 3 sources, opens both instant and pending orders according to the data received, allows to set up a strategy for each event and trails its trades. NewsCatcher Visual automatically
Fundamental EA is an Expert Advisor based based on Fundamental Indicator . Fundamental Indicator have a powerful calculation engine that can predict market movement over 3000 pips (30000 points). The indicator is named fundamental because can predict trends with large movements, no complicated inputs and low risk. The EA works with low margin level and thus has low risk. Trade on GBPJPY only with lot = 0.01. For Full Version use Full MT4 or Full MT5 Using EA : The EA is very simple and
What is The Waiter ? It is an automated system to always be ready to catch the big movements of the market How does it work? Set the mode (stop or limit) Set the pending orders distance Set Take Profit / Stop Loss Wait for the big candle settings: entry : 0.OFF (the expert advisor won't operate. only for chart info purposes.) 1.New candle, new STOP orders (each new candle two stop orders are placed. If they are not activated by the end of the candle, they will be cancelled) 2.New candle
The Expert Advisor is recommended for USDCHF M15. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced fe
The Fractals Trader Free Expert Advisor is a semi-automated trading system that automates market entry at the breakthrough of fractal levels. The EA is intended for both beginners and professionals. The EA can run on any timeframe and any currency pair. Lots and return depend on the settings determined by a trader. Fractals Trader Free can complement any trading strategy by automating market entry on the breakthrough of the fractal level through various types of position opening and maintaining
Operation of the CodEx Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear. Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[10
The strategy is based on price crossover with Moving Average indicator, confirmed by ADX indicator. The trade signals: Buy: closing price of the last completed bar is higher than moving average, the moving average increases at the current and last completed bars. Sell: closing price of the last completed bar is lower than moving average, the moving average decreases at the current and last completed bars. To filter the false signal, it checks the trend power (ADX>ADXmin) and trend direction usin
This free Expert Advisor shows time remaining until the current bar closes. Most trading strategies are based on the last CLOSED bar. So you have to enter a trade WHEN THE BAR IS CLOSING. This simple yet powerful EA shows you the time remaining before the current candle closes. So you can prepare yourself beforehand. When the Candle closes, you're set and ready to click (or not) to enter a position. No stress. Please see my other Forex Tools & my website EasyTrading . It will remain free but I