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Basic Forex Sentiment Trader EA

4.5

I have created this Free MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it.

The EA is Multy-currency and can trade on Demo or Real if you want (but be carefully, this tool is made to understand if it is better to trade for or against market sentiment... Use at your own risk)

Remember to authorize Myfxbook url in WebRequest options in MT4. - Check the Video to know how to do it


You cannot baktest this tool since it operates in real time with current data from the market sentiment website.

You can choose any currency pairs you want (I recommend major pairs with less spread) as long as you have them active on MT4 Market Watch.

If the EA is configured to trade in Favor of Market Sentiment, it will open trades in currency pairs that are equal to or higher than the default percentage value chosen (Default 80, but you can choose the percentage you want) and close if it goes down. at 50%

If you want to choose to trade Against of Market Sentiment, suppose that the market sentiment is more than 80% Long in EURUSD, then the EA would open a sell order in EURUSD and the order would be closed when the Long drops to 50%


Please leave your suggestions, opinions and comments to support me and know if you like my work as well as possible functions to add in future updates. Thank you!


Comentários 2
Ozren Ljevar
913
Ozren Ljevar 2024.05.04 13:19 
 

Thank you Winidecorw for genuine EA strategy.. I have good results using it following the market sentiment ... I would like to see some additional filters (popularity) ,and I hope that you will continue to improve this EA , as well to make 'premium' version to work on paid Myfxbook sentiment which is uploaded every 15 seconds..Lower your spread , reduce commission fees, increase your profit ! +++ https://www.cashbackforex.com/#aid_351291 +++

lengendmt4
1044
lengendmt4 2024.04.29 14:51 
 

Working fine in opening and exit functions. Will be good if can choose update interval from myfxbook. Or can choose setting individually for each pairs. Can consider in paid options.

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Assuma o controle de sua carteira forex. Veja instantaneamente onde você está, o que está funcionando e o que está causando dor! VERSÃO MT5 DISPONÍVEL AQUI: https://www.mql5.com/en/market/product/58658 O Painel do Trade Manager foi projetado para mostrar rapidamente onde está cada posição que você tem no mercado cambial atualmente e tornar o gerenciamento de risco e a exposição a moedas mais fáceis de entender. Para os comerciantes que escalam para o mercado gradualmente com várias posições o
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5 (6)
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-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or
RedFox Copier Pro
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Vasiliy Strukov
5 (33)
O painel de negociação é limitado ao gerenciamento de ordens - tanto abertas por meio de botões quanto abertas pelo usuário. Simples e conveniente na coleção. Irá complementar qualquer comprador. Eu recomendo usá-lo em conjunto com o indicador Gold Stuff. Configure a negociação como ordens únicas e construa uma grade com uma distância. Para criar uma grade padrão, basta definir uma distância grande, como 10000. Os resultados em tempo real podem ser vistos aqui. Entre em contato comigo imedi
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News Filter EA that send you a Push notification to your MT4 phone APP and TURN OFF MT4 Automatically Before News.  This EA doesn't work in backtest From 1.7 version  the EA have  Close all trades before news functions added. You only need to allow that url in MT4 options: To see the url and how to add it to MT4, visit this post: https://www.mql5.com/en/blogs/post/754402 When Metatrader is turned off, it saves the status of all the charts, indicators and Expert Advisors that you have in t
The Average Daily Range Levels indicator shows the ADR levels on the chart as if they were supports and resistances and is updated daily. By default the indicator uses the 5-day average of the daily range. There are several strategies that suggest that these levels can be used to determine where the price can bounce and it is often said that the price can typically move 75% of the ADR. In future versions I may add alerts at each level Can you suggest any changes? Greetings!
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This EA creates two buttons in a panel that you can drag to any part of the chart (simply click on the panel and drag with the mouse to the part of the chart you want) with which you can close all the open operations in the account with a simple click, or close only the trades that are currently in profit. Tell me if you like the product and how it could be improved, Thanks :) 
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News Filter Alerts EA. Low, Medium & High impacts News This EA will not work on the Demo version in backtest You only need to authorize this url in the MT4 options: To see the url and how to add it to MT4, visit this post: https://www.mql5.com/en/blogs/post/754794 Many traders will recommend NOT trading during the news since indicators and Expert Advisors tend to make mistakes unnecessarily arriving several times in SL in a very few minutes since at that moment some politician is ta
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This indicator uses a formula based on bollinger bands to determine if the market is in Range or not. It can be used to filter entries and not operate in a sideways market. It has a minimum value of 0.2 from which it could be operated, although you can modify it in the options to adjust it to your trading style or the market you use. If the histogram below is red, the market is in range, if it is green, volatility is higher.
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This MT4 EA created by me to help you test Your Manual Trading strategies. The EA Automatically place: SL TP Trail SL Break-Even M.Basket Trail SL based on the distance of an EMA Lot or Lot multiplier And the multiple possible combinations. Once configured, you only have to hit the buttons The EA will place the Lot, the SL, TP, Basket, or Trail automatically so that you can focus on your strategy. The EA will work in Backtest or Live Trading, Real, or Demo.
This EA allows you to send alerts to your Telegram Groups or Channels. As simple as opening or closing trades on MT4 and alerts are automatically sent to Telegram. Alerts will also be sent when you modify the SL or the TP Updates and possible improvements will be sent to buyers I will send you a tutorial to get your Telegram Api key and chat id          You must enter your API key and Chat ID of the Group or Channel 
Filtro:
Ozren Ljevar
913
Ozren Ljevar 2024.05.04 13:19 
 

Thank you Winidecorw for genuine EA strategy.. I have good results using it following the market sentiment ... I would like to see some additional filters (popularity) ,and I hope that you will continue to improve this EA , as well to make 'premium' version to work on paid Myfxbook sentiment which is uploaded every 15 seconds..Lower your spread , reduce commission fees, increase your profit ! +++ https://www.cashbackforex.com/#aid_351291 +++

lengendmt4
1044
lengendmt4 2024.04.29 14:51 
 

Working fine in opening and exit functions. Will be good if can choose update interval from myfxbook. Or can choose setting individually for each pairs. Can consider in paid options.

SALVADOR MARTINEZ RAMOS
1366
Resposta do desenvolvedor SALVADOR MARTINEZ RAMOS 2024.05.01 17:21
Hello!
Maybe I can add it in future updates
Responder ao comentário
Versão 1.179 2024.04.24
Minimum change due to conflict with the name of the Ea