Buy The Dip Util

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs).

A profit can exceed a loss trade up to 10 times, so the user can have several loss trades and still make profit.

Orders are opened at the change of the hour, if a button in the chart is pressed.

The Buy The Dip as EA does this automaticly.


The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell).

The position size is automaticly calculated, depending on the distance to the high or low and the set risk per trade. 

The near stoploss together with the position sizing make a very effective money management.


The system provides a hidden takeprofit, a trailing stop or the user can draw a trendline as stoploss. Info about that in the last screenshot.

Buy The Dip Util draws automaticly trendlines into the chart, as suggestions. Here they have no function, other than in the Buy The Dip EA.


Buy The Dip as EA determines by an algorythm when to buy or sell for EURUSD and GBPUSD.

The Buy The Dip Util lets the decision to the user. Practice that trading in visual backtesting and live on a demo account before real trading!

Buy The Dip can be used in any currency or cfdNo martingale, no grid, every order with StopLoss. 


A click on 'Next Buy' or 'Next Sell' trigger a trade at the next change of the hour.

To see the buttons the setting 'ButtonSize' must be not 0. Details in the settings.

When a button is active it changes the color, see screenshots.



Settings

  • Auto_Moneymanage: auto money management On or Off

  • MiniLots: if true, Auto_Moneym. has steps of 0.01 lot

  • MaximumRisk: % of account free margin set on risk for a trade

  • Lots: lot size if Auto_Moneym. is disabled


  • StopLossBuy: distance of stop loss under the candle low in points

  • TakeProfitB: points profit when a buy order is closed 

  • SLtoEntryPointsBpoints profit when stoploss is set to entry price

  • SLtoEntryOffsetBpoints the stoploss is set over entry price

  • StartTrailPointsBpoints profit when traing stop starts, trail deactivated if set 0 

  • TrailDistancePointsB: points distance the stoploss is set 

  • Then follow same setting for Sell orders

  • HrFriClose: hour when the EA closes open orders Fridays (24 = disabled)

  • magic: magic number

  • DrawLines: draws Highs and Lows of former days, weeks in the chart. Mouseover shows the name of the line.

  • The lines give orientation. More info about the lines in the description of the indicator: Support Resistance Free   

  • ButtonSizeif not 0 two buttons appear left side in the chart. One digit from 1 to 8 changes the button size. 

  • Set one digit before it sets the buttons lower in the chart. So e.g. 34 shows 2 medium size buttons a little under the top.


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Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Take a Break
Eric Emmrich
5 (31)
News filter, equity guard & session control for all your EAs — one tool, full protection — Free Demo | Latest Updates Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individua
MultiOrder Assistent V3.0   - Your professional trading assistant for MetaTrader 4 The  MultiOrder Manager  is a powerful trading tool designed to optimize your trading while managing risk efficiently. With intuitive features and a user-friendly interface, this Tool is ideal for traders who want to manage multiple orders simultaneously without losing track.   Symbols: FX pairs, gold and cryptocurrencies Here you get a detailed description of the parameters and functions Manual     Features and
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Crystal Trade Manager PRO – Sistema Avançado de Gestão de Risco e Controle de Operações para MT4 Versão Gratuita: https://www.mql5.com/en/market/product/150632 Visão Geral Crystal Trade Manager PRO (CTM) é uma ferramenta profissional de execução de ordens e gestão de risco desenvolvida para MetaTrader 4. Foi projetada para traders que necessitam de disciplina, forte proteção de capital e automação inteligente dentro do MT4. O sistema controla o risco, protege o patrimônio da conta, aplica limite
RedFox Copier Pro
Rui Manh Tien
4.7 (10)
Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4 platforms. Users not only can follow all instructions from the signa
In the current version this filter will only work with my   night scalpers and the EA Profitection Filter  or with other EAs that utilize the global variables set by this EA.  An MT5 version is availalble   here .  Many scalpers these days have a "normal" news filter, which filters calendar news such as interest rate decisions or CPI releases.  However, this breaking news filter is able to filter non-standard breaking news. It will check every minute for news and if it finds a news event, it w
If you need an advisor on any arrow indicator signals - this utility will definitely help you.  You will be able, with the help of this utility to form an unlimited number of EAs on YOUR signals , with your set of settings, with your copyright and complete source code . You will be able to use the resulting EAs unlimitedly , including adding them to the Market and other resources. Free simple version of the generation script to help you understand how it works - here What does the utility do? 
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The Trend Magic Alarm shows the direction of a trend and indicates when it changes with a sound, popup window, push or email notice. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend. Levels of former highs + lows give orientation in a chart.  Trend Magic Alarm can draw these levels as lines in the chart, see inputs. Input Parameters Counter : number of bars used for calculation PowerSet : shows how near to the bars the trigger dots are placed DotSize : size of the shown
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EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. mt5 version >> EquityProtect is v
Levels Trader
Heiko Kendziorra
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5 (1)
Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss.  Live Signal:  https://www.mql5.com/en/signals/1495331   The default settings   are for   GBPUSD M5   chart.   Timing is important!   Set   SetUTC   (GMT) according to the timezone of
Black Night
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Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low.  If a trade is open it does not open trades in correlating currency pairs.     It   starts trading   one hour before   the 'usual' night scalping time to take profit without swap and before spreads widen - if possible .   It   needs no set files and works fully automatically with the d
Black Night mt5
Heiko Kendziorra
5 (1)
Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low.  It   starts trading  one hour before   the 'usual' night scalping time to take profit without swap and before   spreads widen - if possible . If a trade is open it   does not   open trades in correlating currency pairs.   It   needs   no set files   and works fully automatically
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Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day  with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO   m artingale, grid trading or other dangerous method used, that at the end erases your account.  Always just one order open with StopLoss.  Live Signal >>      The default settings   are for   EURUSD M5   chart. Settings SetUTC
EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. An Alert can be activated and ope
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Heiko Kendziorra
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Tech EA
Heiko Kendziorra
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