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Averaging down EA

This cost averaging Expert advisor (EA) places additional trades in the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential increasing of lot size) or smoothed martingale (for instance linear increasing of the lot size). Due to the risk involved, this EA is more suitable for intermediate to advanced traders who are well aware of how to handle risk management and trading an already profitable strategy or EA.

The EA can manage any manual trade or trade done by another Expert Advisor for the symbol on which this EA has been loaded.


Features

  • Many options to select from when an averaging down (grid) order should be opened.
  • Possibility to open a lock (hedge) order for fixation of the floating loss.
  • Information about the actual status of the order basket is showed in the upper left corner of the chart.

The EA supports ECN accounts and complies with NFA FIFO regulations. The EA can be used with a US broker account only when Lock (hedge) order is disabled.


It is recommended to test this EA on a demo account for a week to get a clear picture of how it behaves with different settings.


Input parameters

Please find the description and explanation of the input parameters here.


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Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
EA Almanac
Vasiliy Strukov
The adviser is looking for signs of a reversal during low volatility and the possibility of a rollback, averaging is used. Real-time results can be viewed here . Recommended pairs - eurusd usdchf usdcad audusd nzdusd Recommended Time Frame M15 For any questions you can write me a message here Telegram group here  telegram channel here   SETTINGS Start lots  -start lot. Use Money Manadgement  - on / off use of automatic lot calculation. Autolot. Free margin for each 0.01 lot  - the amount of fre
75 USD
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Versão 1.8 2020.02.21
- fixed a bug in the lot calculation function
Versão 1.7 2020.02.17
*** Please always make a backup of the existing EA (the .ex4 file) before you make the update and please also update only when you don't have any open trades from the EA ***

The following changes have been made in this version:
- a reorganization of a few parameters concerning the ADR (average daily range) function. The changes will be marked with blue color in the blog.
- added possibility to close half position at a certain amount of pips in pofit or when a specific ATR value has been reached. This function will only be used as long as there are no averaging orders opened.
Versão 1.6 2020.01.04
*** Please always make a backup of the existing EA (the .ex4 file) before you make the update and please also update only when you don't have any open trades from the EA ***

- added the possibility to let the EA automatically put the first trade. When the trade or the basket has been closed a new trade will be opened again.
- added trailing stop and break-even options.
Versão 1.5 2019.08.20
- added the possibility to use a distance multiplier
Versão 1.4 2019.04.22
- added an option to let the EA set take profit for the first manual order
Versão 1.3 2019.04.01
- added spread filter
- added RSI strategy (for testing the EA in the strategy tester)
Versão 1.2 2019.02.12
- added possibility to use another distance for the first averaging/grid order
Versão 1.1 2018.12.18
- corrected an issue with the FIFO close logic