This code represents a simplified version of "EuroSurge" Expert Advisor (EA) for MetaTrader 4 (MT4). It implements multiple technical indicators for trade signal generation, provides configurable lot sizing, and manages trades based on specific conditions.
The Default settings work for EURUSD 5min
Settings based off optimizations since 2020
Input ParametersTrade Size Calculation:
Indicator Settings:
IsBuySignal(): This function checks if all buy conditions are met based on the chosen indicators. For example:
IsSellSignal(): Similar to IsBuySignal() , but reversed for selling conditions, such as checking for:
The Doji Candelstick Pattern
The Doji Pattern Detector EA is designed to automatically detect the classic Doji candlestick pattern on any chart. A Doji pattern occurs when the open and close prices of a candle are very close to each other, signaling market indecision. This EA identifies Doji candles where the open and close prices are within a small range and positioned near the midpoint of the candle's high and low.
PrevDayLines.mq4 - Draw Previous Day's High, Low, and Average Price Lines
The PrevDayLines.mq4 script is a tool for MetaTrader 4 that automatically draws three critical price levels from the previous trading day on your chart. These levels include the highest price (Max), the lowest price (Min), and the average price (Avg), providing traders with a clear visual reference for key support and resistance points.
Backtesting Trade Assistant Panel
Backtesting Trade Assistant Panel
Candle Size
The indicator searches for candles on the price chart that are larger than the size specified in the settings and marks them on the chart.