Big Mac B
The Big Mac B MQL5 expert advisor is a based off a Bollinger breakout strategy.
The MACD indicator is used to confirm either a buy or sell trend.
The MFI indicator to act as a trading range to ensure that the buy or sell is not activated when the price is in an overbought or oversold
Trades will only be entered if the current price is within the trading range of the MFI indicator.
Default settings are for the USDJPY on the 5 minute time-frame.
To work with the news server, you must add the URL ‘http://ec.forexprostools.com/’ in the list of allowed URL tab.
Main menu-> Tools-> Settings tab “Advisors”:
News is not enabled in Strategy Tester.
Join Algotrading_za Telegram group to discuss required updates and share SET files.
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 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
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
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
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
The USDJPY Trader EA is an automated trend following system that is always in the market and trades using sell stop and buy stop orders with trailing stop losses to capture large movements in the market. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management and will work on any pair but works best on USDJPY M15.
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
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
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 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
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 Fibonacci Trader MQL5 expert advisor uses the Fibonacci levels to determine a buy or sell trade with the MACD as confirmation. Check out pro version https://www.mql5.com/en/market/product/53353 The Fibonacci levels work as follows: Above 61.8 SELL if MACD trend is SELL Trading Range (Ability to select trading input parameters) BUY if MACD trend is BUY SELL if MACD trend is SELL Below 23.6 BUY if MACD trend is BUY Default settings are configured for EURUSD on M5 Chart. To work with
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
The Expert Advisor determines trend direction and evaluates the trend strength in percentage (100% means the maximum strength). The evaluation is based on the detection of the following three components: Trend emergence sign Confirmation of trend emergence Comparison of the emerging trend with the long-term market trends The maximum value of the trend strength of 100% means the market situation, when the trend expected on a small timeframe is confirmed in the medium term and has the same directi
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 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
USDCatch is a new scalping expert for МТ5. The trading system is based on tracking short-term signals during a trend via a built-in indicator. It is optimized for use with EURUSD, and can be used with other pairs with properly selected inputs. Minimum account balance is $100 Recommended account balance is from $500 and higher Input Parameters _stopLoss —Stop Loss value in points; _takeProfit —Take Profit value in points; MAGICMA —Expert Advisor's magic number; TStop —The trailing stop value;
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
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
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 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 EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings, plus many useful features like customizable trading sessions and a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully customizable moving average settings It implements two different trading behaviors Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN b
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
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
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
The trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA. Trade signals: Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend). Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend). Input parameters: Inp_Signal_ThreeEMA_FastPeriod = 8; Inp_Signal_ThreeEMA_MediumPeriod = 38; Inp_Signal_ThreeEMA_SlowPeriod = 48; Inp_Signal_ThreeEMA_StopLoss = 400; Inp_Signal_ThreeEMA_TakeProfit = 900; I
The Urban MT5 Free Expert Advisor automatically searches for the entry points based on the standard Parabolic SAR and CCI indicators. In case of unsuccessful entry, the EA maintains deals using the Martingale strategy. Special attention in this EA has been paid to the logic of placing orders, therefore it is able to withstand prolonged trends. Unlike the paid version , the free one works only in testing and optimization mode. The default EA settings are for GBPUSD M5 with 5-digit quotes The Exp
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
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