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Rainbow EA MT4

Description :

Rainbow EA MT4 is a simple Expert advisor based on Rainbow MT4 technical indicator witch is based on Moving average with period 34.

The indicator is incorporated in the EA, thus, it is not required for the EA to operate, but, if you wish you can download it from my product page.

The Expert Advisor settings are as follows :

Suitable for Timeframes up to H1

The parameters below can be set according to your trading rules.

  • StopLoss ( Stop Loss in pips)
  • TakeProfit ( Take Profit in pips )
  • Magic number : ( set to 1479598, is the  EA identifier. When running multiple instances of the same EA on one currency pair, this value should be changed for each instance )
  • MaxTradeDurationBars ( in Bars )
  • MinTradeDurationBars ( in Bars )
  • TradeSize : 1.0 ( Trade size )
  • MaxOpenTrades : 1 ( Maximum open trades per currency pair )
  • Hedging : true ( Hedging mode )

Some clarification to remember :


For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false. 



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Vitali Vasilenka
4.6 (10)
Anger Conquers Fear by Thomas Shelby IMPORTANT!   Contact me immediately after purchase to receive setup instructions! The first   25   users a gift! Price now -   299$   next price will be   499$ EA Thomas   is a unique trading algorithm that includes 5 trading advisors at the same time. The Expert Advisor simultaneously analyzes 5 entry points on different timeframes, depending on the level of risk, chooses one of the 5 to open in the market. The EA features allow you to choose which tr
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Automatic trading advisor, which implements a medium-term trading strategy based on the theory of wave movement of the market Advisor does not use martingale, grid, averaging, scalping The advisor is based on the application of wave analysis to historical data and the search for waves predicting the price movement in the future. Using a longer period of time repeating patterns are searched for. Using a smaller period there is an approximation and interpolation of nodal points and refinement of p
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Batman Midnight Hunter is a fully automatic smart night scalping system that has proven itself on real accounts. It doesn’t adjust the system to use history data (as most creators do), the EA is developed to use the existing market inefficiency. So it’s not a simple hit-and-miss system, it is a fully adapted smart system for night scalping, using real market mechanics to its advantage in order to make a profit. The EA uses fixed Stop Loss and Take Profit. The EA is workds with any broker and sup
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Aura Black Edition
Stanislav Tomilov
5 (2)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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I am Blue
INREXEA LIMITED
Important: We upgrade at least one time per month and maintain high quality of using experience . Please always keep the newest version .  80% from database analysis , 20% use brokers data , always do not rely on brokers data all the time . Signals monitors   :    Here Paid Patreon daily analysis and discord channel  available  now . All free channels check in my  profile here  . Instruction/setup   :    Here Concept of IamBlue EA: IamBlue EA is a fully auto EA , no parameters need to
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Golden Oscar MT4
Sergej Sergienko
Live Signal https://www.mql5.com/en/signals/1521754?source=Site+Profile+Seller 4 copies left in the price 599$, next price 699$ Hi, all. This is my new Expert -  Golden Oscar. The EA works only on very popular instrument Gold (XAUUSD). It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. There is stable takeprofit and stoploss. The Expert is very simple to use. You don't need optimization for it, it has been already done for you. You jus
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Genius Assets
Roman Erokhin
5 (4)
How does it work Genius Assets EA?  Simply put, Genius Assets will open virtual trades in the background, using them to constantly monitor the market to help determine the absolutely perfect entry point, at which point GA will begin to open and manage real trades automatically. No automated system can last long without constantly updating settings. Genius Assets EA has an automatic update system, so you can be sure that your copy always has the latest, most effective settings for current mark
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Advanced AI Scalper MT4
Ho Tuan Thang
5 (16)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Manual guide here .  The results of back testing Advanced AI Scalper in MT4 will not reflect the full capabilities of the EA. Because MT4 only allows back testing 1 currency pair at a time but this is one chart set up - trade all major pairs. Don't just back testing only 1 pair, you must test all pairs AUDCAD, AUDNZD,NZDCAD,EURAUD,EURCAD... to see all performance that EA can do. - LIVE SIGNAL: Coming soon IMP
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Golden Fleece mt4
Roman Erokhin
5 (1)
GOLDEN FLEECE EA is an improved Expert Advisor, optimized for the XAUUSD (GOLD) pair.  It is a trend trading strategy, which uses as an input signal my best indicator developments, and also uses neural networks. The Expert Advisor opens an order based on a signal from the indicators and fixes the profit at a certain level. The Expert Advisor has shown stable results on XAUUSD over the period of 2010-2022. No dangerous money management techniques, no martingale, grid or scalp. Suitable for any
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ONLY 4 COPIES OUT OF 10 LEFT AT $249! After that, the price will be raised to $299. Some Features: - One Trade - One Stop loss per trade - At now, it's just support USDJPY. But in future, i will update more JPY pairs - No Martingale, No Grid, No Double Lot, No Averaging, No Dangerous strategy - Using breakout strategy that specially designed for trading with USDJPY - Set and Forget, Plug and Play. Safe with large capital ... How to install: *Noted: You need ECN/low spread brokers. Since
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