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EngulfingTrade MT4

The strategy of the Expert Advisor is based on one of the strongest signals of technical analysis - Engulfing .

When determining this figure, a trading expert studies the current market situation and, if there is a combination of certain factors, starts working.

It is recommended to start working with a small trading lot. As you become familiar with the work of an expert, the trading lot can be increased (use money management) to a psychologically acceptable size.

Attention: the format of the trading time settings (by terminal time) is "hour: minutes" - Separator is a semicolon. For example: "08:15", "14:30".

Every trade is protected by a stop loss. The Martingale system is NOT used. Lot increase after a loss is NOT used.

The default settings are suitable for the following trading instruments (5m): EURUSD, GBPUSD, USDJPY, EURGBP, USDCAD, EURJPY.

The procedure for installing a trading expert:

  1. Open 5 charts of recommended trading instruments;
  2. Switch timeframes on all charts to 5 minute timeframe;
  3. Install an Expert Advisor on each chart and allow it to trade;
  4. Check if Auto Trading is allowed in your terminal.
  5. We recommend using a remote server (VPS) with low ping.

Settings

  • Minimum candle size - The minimum size of the Absorbing candle;
  • Candle 'Engulfing' timeframe - Engulfing and Engulfing candles timeframe;
  • Percentage of candle body on size - the Absorbent candle must be at least greater than the Absorbed by this percentage;
  • How many candles is the signal alive? - How many candles the signal is alive;
  • Pin bar arrow size (if 0 - do not show) - The size of the arrow pointing to the Absorbing Candle (if 0 - not shown);
  • This LOT: - This lot;
  • For each of this amount (if> 0) - For each of this amount of bananas (if 0, it will be "This LOT");
  • MaxLot - Maximum trading lot;
  • Take Profit - Take profit;
  • Stop Loss - Stop Loss;
  • Trailing Stop - Trailing stop;
  • Trailing step - Trailing stop step;
  • Start of trading (if 0 - not used) - Trading start time (if 0 - not used);
  • End of trade - Trade end time;
  • Comment to order - Comments to the EA orders;
  • Slippage - Slippage;
  • Max Spread - Maximum spread;
  • Magic Number - Magic number to distinguish "their" orders;
  • Show logo? - Displaying the logo on the chart;
  • Show info-text? - Displaying information on the chart;
  • Text size - Font size;
  • Text color - Font color.
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Chicken peck rices This is a short-term EA what based on price breakthroughs,and the parameters are simple and adaptable. Requirements: Run timeframe: H1; The type of account:ECN,spread of currency≤3,for example,EURUSD,USDJPY,and others. The minimum spread for order modification:0,it means that the minimum distance is zero between setting stop loss or take profit and current price. You must use the required accounts to ensure the reliability of profit. Input parameters: explanation=chicken peck
3 800 USD
Rupture
Aleksandr Nadein
The Expert Advisor places limit orders for breakdown according to 2 indicators. When 1 order triggers, the second order is deleted automatically. There is a virtual trailing from 1 point. I recommend to set the minimum possible distance (from the price to a pending order) (depending on the symbol on which it costs). I recommend setting the trailing from 10 points in the strategy tester.
2 800 USD
Big Hunter
Mehdi Sabbagh
5 (1)
The Multi Strategy Trading Robot This automated trading robot always uses stop loss. Big Hunter is specially designed to trade gold , but you can test it on other pairs since you have the access to the parameters. The robot uses different strategies like swing trading ,  momentum trading , position trading and more. It's backtested for the last 10 years under the harshest, simulated market conditions. Each trade has  unique SL, TP, Trailing stop, and breakeven. These parameters are variabl
2 990 USD
THE REVOLUTION Simple Trade is suitable for all type of traders whether you are a Swing Trader, Day Trader or Scalper. THE REVOLUTION Package consist of 3 EAs which combine into a Single EA which can create many stategies depend on the trading skills used/known by each traders. We provide AUTO_SETTING expecially for beginner or no experience investors which this AUTO_SETTING will trade to achieve 1000 Points or 10%/month, and for traders/investors who have experiences in trading can develop the
4 500 USD
The Revolution Target Achiever FT -  Auto_Setting 1000 Points  Hi all Investors and traders, We've just updated this EA to a new version 3.0, which has a much more benefits , for Investors who want to run this EA 24 hours using vps can try the Auto_Setting to achieved 1000 Points or 10 %, for traders who have their own set up and target 1-100% can use the manual_setting, THE REVOLUTION Target Achiever is suitable for the investor who want to have a simple and ready to use Expert Advisor (EA). Th
3 000 USD
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Evgeniy Zhdan
5 (1)
The algorithm of the Expert Advisor determines the angle of the "expanding triangle" pattern and starts working when the price touches one of the triangle's sides. The trades are filtered by the delay characteristic of the RSI indicator. After opening a deal, the EA sets the mandatory take profit and stop loss and manages the deal it with a tight trailing stop. The Max Spread parameter sets the maximum spread, exceeding which (by spread expansion) will prevent opening deals. The default settings
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The algorithm of the adviser calculates zones of consolidation of the price and the most tentative variants of price movements. Due to the unique method of determining candlestick patterns in the near past, a trade expert adapts to changing market conditions with minimal delay. This allows you to trust the adviser to work offline for quite a long time without the need for frequent monitoring. The Expert Advisor was developed in the conditions of "floating" delay in the execution of trade ord
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O Expert Advisor multimoedas é baseado em um sistema de correlação entre instrumentos de negociação e volumes de posição. O papel principal é desempenhado pelo sistema de gerenciamento de capital e pela proporção única entre o número e a direção das transações abertas. O Expert Advisor não é um scalper. A velocidade de execução da ordem não é crítica para a operação confiável de um Expert Advisor. Instrumentos de negociação de trabalho: EURUSD, GBPUSD, EURJPY, USDCAD, USDJPY, GBPJPY, EURG
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Indicador para determinar o plano e a tendência. Se o preço estiver abaixo de qualquer um dos dois histogramas e duas linhas (vermelha e azul), esta é uma zona de venda. Ao adquirir esta versão do indicador, versão MT4 para uma conta real e uma demo - como um presente (para receber, escreva-me uma mensagem privada)! Se o preço estiver acima de qualquer um dos dois histogramas e duas linhas (vermelha e azul), esta é uma zona de compra. Versão MT4:   https://www.mql5.com/en/market/product/3793
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SuperTrend
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The Supertrend Expert Advisor The Supertrend Expert Advisor with averaging elements. It has been developed during three months until I finally got good results. It is not a scalper. The minimum balance to start trading - 100 $. Is automatically adjusted to the 4 and 5-digit prices. Has an efficient risk management system. The lot and limit on the maximum lot is automatically calculated based on the settings specified in the EA. As a result, you have a complete automated trading system. Download
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FastBoom
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The FastBoom EA finds the most probable points of price pullback/reverse and places an order. It places averaging orders if the price moves further against take profit. Settings of the EA: Lots - initial lot; LotExponent - multiplier for following orders (Martingale). 1 - no multiplier. TakeProfit - take profit in points; Stochastic Settings InpKPeriod - K Period of Stochastic InpDPeriod - D Period of Stochastic InpSlowing - Stochastic Slowing LevHigh - level for sell positions of Stochastic
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The Expert Advisor only sells. Recommended currency pairs : EURUSD; GBPUSD; USDCHF; USDJPY; USDCAD; AUDUSD; EURGBP; EURAUD; EURCHF; EURJPY; GBPCHF; CADJPY; GBPJPY; AUDNZD; AUDCAD; AUDCHF; AUDJPY; CHFJPY; EURNZD; EURCAD; CADCHF; NZDJPY; NZDUSD. Timeframe: H1. Percent% manages closing both loss-making and profitable deals based on the account overall status. Using the EA on 23 symbols mentioned above allows the robot to cope with the drawdown in case of a long trend. While positions on some pairs
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5 (1)
The Illusion EA uses the probability theory - after a series of consecutive virtual losses - i.e. right during a flat the EA already starts trading in the trend. In addition, the EA considers the ratio of bullish/bearish candles on the higher timeframes to determine the greatest probability of the price movement direction. Only 1 order can be opened at a time. In case of a loss the following order will be placed with an increased lot (the multiplication coefficient is set in the parameters). The
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ChangingTrends
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5 (1)
O indicador calcula as áreas de parada / reversão de tendência mais prováveis, áreas de movimento de tendência confiantes. O cálculo considera: a taxa de variação de preço; o ângulo de desvio relativo do gráfico; a amplitude média dos movimentos de preços; o preço saindo de sua "zona de conforto"; os valores do indicador ATR. O indicador pode gerar um Alerta quando o preço entrar em uma área de parada / reversão. Definições Desenhe todo o comprimento? - desenhar as áreas até o final do
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O principal objetivo do indicador é definir uma direção de tendência, poder e reversões potenciais calculando a razão do gradiente de preço médio quadrado de cada candle (High-Low). Com base nos cálculos, o indicador mostra: Inversão de tendência; Direção da tendência; Poder de tendência. Os prazos recomendados são M1 e M5. Neste caso, o indicador é baseado na direção da tendência do período de tempo M15. Ao trabalhar em prazos superiores a M5, o indicador não usa um prazo superior em s
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The indicator plots a trend line and determines the levels for opening trades, in case the price goes "too far" away from the trend level. More detailed information is available in the screenshots. Settings Away from the trend line - distance from the trend line to the trades level; Arrow Signal for deals - enable displaying an arrow when the price reaches the trades level; Size of Arrow - size of the arrow; Alert Signal for deals - enable generating alerts when the price reaches the trades le
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The Expert Advisor analyzes candlestick patterns on a selected period. Once the found pattern is repeated in the current market situation, the EA opens an order (or orders) in the expected trend direction. In addition to candlestick patterns, the Expert Advisor takes into account price action - the ratio of High-Low and Open-Close of candlestick groups. An additional filter is the standard MACD indicator on a higher timeframe. The Expert Advisor can use pyramiding and averaging depending on the
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5 (7)
The axiom of the Forex market is that any trend will be broken. The Expert Advisor determines trend direction (the pink line), and calculates levels for opening opposite orders depending on the settings. The value of Away from the trend line for Deal will be different for each pair and timeframe, depending on the volatility of the trading instrument. Next orders can be opened with an increased lot (a static lot is used by default). See the screenshots to understand the idea of the Expert Advisor
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Odysseus
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The Expert Advisor determines the moments of strong movements and opens a position in the direction of the most probable price movement. The strategy always uses stop loss and take profit. Several independent orders can be in the market (the maximum number is set in parameters). The goal of the EA's underlying trading system is the quantitative excess of the number of profitable deals over the number of losing ones. Recommended: EURUSD 5m; GBPUSD 5m; USDJPY 5m. The Expert Advisor is able to work
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Vise
Evgeniy Zhdan
Vise is a trend indicator. The upper and lower lines follow the price showing the prevailing price direction. Frequent breakthroughs of the upper line indicate a bullish trend, while frequent breakthroughs of the lower line indicate a bearish one. Parameters Points for UpLine - initial number of points for the upper line; Points for DownLine - initial number of points for the lower line. During the breakthrough of the upper level (line), this level shifts upwards by Points for UpLine. If the u
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Twinkle
Evgeniy Zhdan
Twinkle is a trend-based scalper using stop loss and take profit invisible to the broker. The EA does not look for trend reversals. The EA catches strong market movements and opens orders in the direction of the trend. Your broker will not see the order closing levels. The EA closes orders independently when reaching the take profit or stop loss levels specified in the settings. Recommended trading symbols: EURUSD M5, GBPUSD M5. ECN accounts with 5 digits quotes are recommended. Expert Advisor
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4.8 (5)
This Expert Advisor implements elements of the Martingale system. Orders are opened at a specified distance from the moving average. The Parabolic SAR indicator and certain technical details are used to ensure the most accurate entries. The EA is highly customizable. It is recommended for simultaneous use on 4 currency pairs: EURUSD M15; GBPUSD M15; USDJPY M15; USDCAD M15. Despite good stability, it is advisable to disable the EA operation during the days rich in news releases. Configurations
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3.5 (4)
SolaceSystem is a trend scalper. The Expert Advisor algorithm calculates price consolidation levels and opens trades if a strong market movement is expected. The Parabolic SAR standard indicator is used to filter trade opening. Distinctive features Martingale is not used. Does not accumulate loss. Uses take profit and stop loss. Trades are closed either by TP and SL, or using a unique trailing stop algorithm. Automatic lot calculation. The Expert Advisor is fully ready for long-term automated
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LuckyCase
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LuckyCase is an Expert Advisor with martingale elements. The EA strategy is based on a significant "deviation" of the price from SAR inadicator and the Bands levels breakthrough point. The money management system is an essential part of the EA. It starts working after a trade is opened. Trades are closed after accumulating specified points of market orders, by deposit % or after an opposite side of the channel is broken through. The default EA settings are meant for: EURUSD M15; USDJPY M15. The
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3.67 (6)
Incentive is a scalper robot. The strategy is based on breakout/rebound from consolidation prices. The Expert Advisor does not trade often. It is recommended to use 5-digit quotes, a 5-minute timeframe and low-spread trading instruments. Metals are not suitable for trading, because the strategy cannot determine their price consolidation. Originally, the EA was developed for the following trading instruments:  EURUSD 5m and GBPUSD 5m. It is recommended to select the above pairs. The EA sets stop
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Elize
Evgeniy Zhdan
The Elize Expert Advisor has been designed to work with the EURCHF currency pair. It considers the peculiarities of this trading instrument, its behavior and dependence on the behavior of other currencies. In particular, when the currencies of the European countries (EURUSD, GBPUSD, EURNOK, EURCHF) move in the same direction, the EA starts its operation and opens a deal in the trend direction of the European currencies. In the event of price rollbacks, the EA uses a unique method for making the
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The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te
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FastTraffic
Evgeniy Zhdan
The Expert Advisor has been specifically developed for trading gold (Spot Gold). The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation. Martingale and averaging are not used. Each order is independent and is accompanied b
880 USD
Jazz
Evgeniy Zhdan
The algorithm of this Expert Advisor determines the significant price levels, where the trend often turns into a flat or reverses. Stochastic Oscillator serves as an additional filter of overbought/oversold zones. The EA sets stop loss and take profit after opening an order. The underlying trailing strategy applies a trailing stop. The EA is recommended for simultaneously use on three trading instruments: EURUSD M5, GBPUSD M5, EURCHF M5. Settings: Comment to order - comment to orders. MaxRisk -
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Panther
Evgeniy Zhdan
The Expert Advisor looks for technical analysis patterns formed on the higher (hourly) timeframe to start working on the 5-minute chart. Technical analysis patterns used: double top/double bottom, head/shoulders, flag, expanding/narrowing triangles. The Relative Vigor Index technical indicator is used as the filter for opening deals. It is based on the idea that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. This
1 090 USD
Spook
Evgeniy Zhdan
The Expert Advisor calculates the divergence on the current and higher timeframes. In case the divergences coincide, the EA starts its operation. Deals have strict take profit and stop loss levels. Each deal is managed by trailing stop. The strategy involves the use of a tight stop-loss. Therefore, losing deals and/or series of losing deals are not uncommon. This EA is not suitable for those who have difficulties coping with losing deals. The EA is recommended for simultaneous use on the followi
690 USD
Grand
Evgeniy Zhdan
The Expert Advisor has been developed specifically for the features of the CHFJPY currency pair. The EA's algorithm determines the direction of the current trend and starts operation. In case of a price reversal within the current trend, the EA adds additional orders. If trend changes, the EA starts to work in the direction contrary to the initial grid of orders. If there were no conditions for closing orders and the trend direction changed again, the EA continues to work with the "first" grid o
450 USD
Intensive
Evgeniy Zhdan
The Expert Advisor algorithm determines on daily charts those candlestick patterns, which set the intraday trading direction. The trading EA determines how long the price is moving in overbought/oversold zones and starts working in the direction of the expected trend movement. Each position is accompanied with a tight stop loss and take profit. Only one active position can be open in the market. The EA was developed and tested using 99% quality quotes. The Expert Advisor has a built-in news filt
1 380 USD
Slender
Evgeniy Zhdan
The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested
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