The EA is recommended for trading AUDUSD 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 have advanced features for managing of market news.
- StopAfterNews - a pause after the market news release, in minutes.
- StopBeforeNews - a pause before the market news release, in minutes.
- LightNewsEnabke - enable the pause for low-impact news.
- MediumNewsEnable - enable the pause for medium-impact news.
- HardNewsEnable - enable the pause for high-impact news.
- GMT_Offset - your broker's time zone.
- NewsCurrency - a comma separated list of currencies for which you want to receive news.
- NewsLines - show time of news releases on a chart as lines.
- VirtualSLandTP - enable virtual or real stop loss and take profit levels.
- TakeProfitS - take profit for sell orders.
- StopLossS - stop loss for sell orders.
- TakeProfitL - take profit for buy orders.
- StopLossL - stop loss for buy orders.
- FixedLot - fixed lot size.
- AutoMM - risk limit (as a percentage).
- MaxSpread - maximum spread, above which the trading is suspended.
- MagicNumber - any unique number that distinguishes this EA.
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
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
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
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
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
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 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 idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can
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
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
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
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
Investo is a fully automatic, professional trading robot. Designed specifically for the foreign exchange market. A unique index calculated on the quotes of eight currencies pairs is used to make a decision. The analysis is carried out taking into account the global situation in the market - it provides unique opportunities for price forecasting. This robot has absorbed a huge experience in designing high-yield trading systems. EA Investo does not need to configure parameters. Ready to work on H1
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 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
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
LargePIPS EA is an Expert Advisor based on special mathematical analysis and smart modeling of market and signals is independent with timeframe. The EA have a powerful calculation engine that can predict market movement over 1000 pips (10000 points). The EA signal engine does not need any optimization and there is no settings for signal. All settings of EA is for Money Management. The EA works with low margin level and thus has low risk. Trade on AUDCAD only with lot = 0.01. For Full Version u
Exponential Moving Average Based EA "Climber 9 " will search for entries in the actual trend. It will not look for reversals. Only to continue the actual trend. Only one trade at the same time NO GRID NO MARTINGALE ALWAYS WITH STOP LOSS Parameters Main TF - Time frame that the EA will look for new entries Time_Filter - Turns on and off the time filter. Time Start - Server Time that the EA will start to work Time End - Server Time that the EA will stop to open trades. Param4 - When
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
Follow The Line This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND" It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors). It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes. Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades. NB: For best results, get my other premium indicators for more powerful and reliable signals. Get them
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
The EA implements a reversal strategy which uses the analysis of prices databases of ENUM_APPLIED_PRICE type for generating signals. Statistical observations of the price databases of different timeframes allows to make an assumption about a possible vector of price movement. The probability of such an event is shown as scale and as a percentage. The functionality of the trade panel allows sending requests for the broker to execute trading operations. This EA uses market orders. You can addition
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
DevilFish is a fully automatic, multi-currency trading system. Trading is based on explosions of price activity. Big profits, low drawdowns and good hedging results. Minimum Deposit: $ 150. No configuration required. Accounts: Netting, Hedging. Currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY. It works on hourly bars and is not demanding on the quality of the Internet connection. Works in the strategy tester in the "open prices only" mode. Does not use the super short trad
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
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
Technical indicator Relative Strength Index (RSI) is a price following oscillator, whose values vary between 0 and 100. Values below 30 indicate an oversold state, and values above 70 indicate an overbought state. The classic interpretation of it is the following: if the oscillator line goes out of the oversold zone, it is a signal for opening a long position. If it goes out of the overbought zone, it is a signal for opening a short position. The indicator displays entry points on the chart usin
The MACD indicator in MetaTrader 4/5 looks different than the MACD indicator in most other charting software. That's because the MetaTrader 4/5 version of MACD displays the MACD line as a histogram when it is traditionally displayed as a line. Additionally, the MetaTrader 4/5 version computes the Signal line using an SMA whereas according to MACD definition it's supposed to be an EMA. The MetaTrader 4/5 version also does not compute a true MACD Histogram (the difference between the MACD/Signal l
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
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