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Red Dollar EA

Red Dollar EA is a non-standard Expert Advisor, which can't be attributed to any particular type. It adjusts to the current market situation.

The EA uses time and price information, trades using pending orders. The number of trades can differ from a few deals per month, up to dozens a week, it all depends on the current market conditions, settings, and the number of financial instruments traded.

VPS is required for stable operation, minimum deposit is 1,000$ of the base currency. Timeframe does not matter.

Standard setting for GBPUSD H1, ECN low spread account.

⚡ Recommend ECN broker with LOW SPREAD: IC Market , Exness, NordFX , FXPRIMUS , Alpari , FXTM


Market Entries

The EA places two opposite pending orders, STOP or LIMIT depending on its input parameters. Orders are modified following the price based on the timer in seconds. When one of the pending orders triggers, the other one is deleted. If the EA is running on several currency pairs with the same magic number, all inactive pending orders are deleted, and the EA then works only with the pair, where a position was opened. If different magic numbers are used, the EA works with each of the pairs separately, i.e. when an order triggers for one currency pair, pending orders of other currency pairs are not deleted.

Opening New Orders

If the price moves in the direction opposite to the open position, a pending order will be placed at a preset distance to follow the price. A pending order will be modified only if the price continues to move in the wrong direction. Thus, we achieve the most favorable positions of new deals. Multiple positions can be opened at one price depending on the EA settings and the price behavior.

Closing Deals

If one position is in the market. The first modification of stop-loss is the breakeven level, then point-based trailing stop is activated and works till a distance specified in the EA settings "TrailingStop". After passing the distance, trailing by previous Hi-Lows of bars is enabled. The timeframe and the number of bars for finding the extreme values are specified in the EA settings. The switching trailing stop allows to maximize the profit.

If several positions are in the market. All deals are closed by a common profit. Some deals can be closed with a small loss, but the total profit of closed orders is always greater than the loss. All positions are closed by trailing stop. Position closing prices may differ, depending on the speed of order execution on the broker side.

Settings

  • STOPLOSS- stoploss points;
  • TAKEPROFIT - takeprofit points;
  • BASKET_PNL - close all or one order at a time;
  • MULTIDIRECTIONAL_PNL -  grid of orders separately for buy and sell or both buy and sell together;
  • Maximum_ORDERS - maximum number of trade;
  • BalanceLot - calculation of traded lot based on balance;
  • ManualLot - traded lot, if BalanceLot = 0;
  • NextLotRatio - lot ratio, if NextLotRatio = 1, then lot does not change;
  • MagicNum - magic number for orders;
  • FirstTypeOrder - the type of the first two orders;
  • DistanceFirstOrder - distance from the price to place the first two orders;
  • DistanceNextOrder - distance from the price to place the next orders;
  • NextStepOpenOrders - the step of the next orders, distance from an open order;
  • TimerModifyFirstOrder - modification of the first two orders, set in seconds;
  • TimerModifyNextOrder - modification of the next orders, set in seconds;
  • MaxAttempts - maximum number of attempts to open an order;
  • DelaySeconds - pause between attempts in seconds;
  • Slippage - maximum price slippage;
  • BreakevenStart – the number of points to move s position to breakeven;
  • BreakevenStep - the distance to place breakaeven at;
  • TrailingStop – the number of points after which the Hi-Low trailing is activated;
  • TrailingStart – the number of points to start trailing;
  • TrailingStep – trailing stop step.
  • TimeFrame – the timeframe to search for the high/low price;
  • BarCount – number of bars to search for extremums;
  • IndentHiLow – a distance from the Hi-Low price to set a stop loss.
  • ShowInfo - display/hide information on the trading;
  • TextColor - displayed data color.


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Transforme qualquer estratégia de negociação em uma estratégia de negociação de posição ou negocie as estratégias comprovadas de negociação de posição baseadas em RSI e ADR, incluindo sistema automatizado de controle de rebaixamento para posições que se movem contra você. Este EA é uma evolução e uma simplificação do EA MRA que tem sido usado para estratégias de negociação de posição ensinadas no site Market Structure Trader há muitos anos. Veja meu perfil para obter um link para o site, curso
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Mansour Babasafary
4.58 (38)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
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Thi Thu Ha Hoang
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Gregory Hay
4.5 (4)
bem-vindo a       GoldExcel EA   , day trader do par de moedas XAUUSD (ouro). Desenvolvido por nossa equipe e disponível em contas regulares, contas de adereços patrocinadas e competições de adereços! Não use negociação de alta frequência! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Os preços introdutórios de lançamento aumentarão a cada poucas semanas. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:  https://www.mql5.
AI NeuroX EA MT4
Denis Kurnev
5 (1)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Hui Qiu
5 (3)
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 4.00 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
Daytrade Pro Algo
Profalgo Limited
5 (5)
Promoção de lançamento: Número limitado de cópias disponíveis no preço atual Preço final: 990$ NOVO: ganhe 1 EA grátis!   (para 2 contas comerciais) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bem-vindo ao DayTrade Pro Algo!   Depois de anos estudando os mercados e programando diferentes estratégias, encontrei um algoritmo que tem tudo o que um bom sistema de negociação precisa: É corretor independen
Smart Funded Hft
Barbaros Bulent Kortarla
5 (44)
!! POR FAVOR, ATUALIZE PARA A ÚLTIMA VERSÃO 2.05 PARA UM DESEMPENHO AINDA MAIS RÁPIDO!! SMART FUNDED HFT ACABOU DE PASSAR NO DESAFIO DE 100K DA KORTANA FX NA ABERTURA DO MERCADO EM 29.01.2024, APESAR DA BAIXA VOLATILIDADE POR FAVOR, VERIFIQUE A SEÇÃO DE CAPTURAS DE TELA, COLOQUEI A PROVA LÁ IMPORTANTE NÃO PERCA O DESCONTO EXCLUSIVO DE 40% DA KORTANA FX PARA PAGAMENTOS EM CRIPTOMOEDAS ATÉ 29.01.2024.  Liberte o seu potencial de trading com o Smart Funded HFT EA!   SEM NECESSIDADE DE VPS / SEM ARQ
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NGUYEN NGHIEM DUY
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NGUYEN NGHIEM DUY
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NGUYEN NGHIEM DUY
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NGUYEN NGHIEM DUY
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NGUYEN NGHIEM DUY
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Gold Miner MT4
NGUYEN NGHIEM DUY
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goldkkim
262
goldkkim 2021.04.30 08:06 
 

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NGUYEN NGHIEM DUY
33127
Resposta do desenvolvedor NGUYEN NGHIEM DUY 2021.07.03 02:36
New version update SL and Max order.
WS7000
74
WS7000 2021.04.14 13:41 
 

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kenmajid
14
kenmajid 2021.03.23 17:27 
 

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Aleksandr Dumler
221
Aleksandr Dumler 2021.03.22 15:28 
 

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NGUYEN NGHIEM DUY
33127
Resposta do desenvolvedor NGUYEN NGHIEM DUY 2021.04.03 11:16
NextLotRatio - lot ratio, if NextLotRatio = 1, then lot does not change;
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.16 07:26 
 

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Ahmed Sarıkaya
2724
Ahmed Sarıkaya 2021.03.01 08:33 
 

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Responder ao comentário
Versão 4.0 2021.06.19
Add TP & SL : for each order separately and for a basket of orders
BASKET_PNL
MULTIDIRECTIONAL_PNL
Versão 3.0 2021.06.14
Add Maximum_ORDERS function