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Multifunctional Expert Advisor for MetaTrader 4

The EA's algorithm is based on versatility principle. The EA can work in three different modes that can be switched independently. DigitalFilterA indicator readings are used as trading signals. The indicator's algorithm is based on the highly efficient digital filter. The unique digital filtering algorithm provides users with trading signals in a timely manner and also allows them to assess the current situation objectively when performing technical analysis. The indicator can be used both on smaller and higher periods equally well.

Unlike conventional indicators, digital filtration method significantly reduces phase lag, thus providing a clear signal earlier as compared to other indicators. During the analysis, the EA can use data from the current and higher periods increasing the reliability of the incoming signals. A unique algorithm is provided in order to optimize the trading system parameters.

The EA can work simultaneously in two directions - buy and sell. If necessary, the EA can be configured only for working in one direction. Profitability and risks can be managed by changing the EA operation modes.

Operation Mode

Initial order volume is calculated automatically when enabling the proportional calculation function. If the price moves against the position, the averaging order is opened automatically when the averaging function is enabled. The averaging algorithm can be flexibly adjusted by special input parameters. If necessary, the algorithm of proportional volume and averaging calculation can be enabled in the EA's input parameters. In that case, the EA follows the indicator signals from the current and auxiliary timeframes, while the risks remain minimal.

Input parameters

Most Relevant Parameters

  • MagicNumber - unique ID of orders.
  • Start Time - time to start opening new series.
  • Stop Time - time to stop opening new series.
  • Drawdown - prohibit opening new series at the specified drawdown. If a Buy or Sell series has been started and the specified drawdown is reached, an opposite series will not be opened until the started series is completed.
  • Balance - balance for proportional calculation of the initial position volume. If 0, the function is disabled and initial position volume is equal to Lots_.
  • Lots - the reference volume for proportional calculation of the initial position volume.
  • OffMM - disable the volume increase algorithm when averaging a series. If enabled, all positions are opened with the same volume.
  • Slippage - maximum deviation from the requested price when opening and closing market positions.

Group of parameters for buying

  • Buy - permission to open buy positions.
  • Max_buy - maximum number of buy positions opened simultaneously.
  • SL_buy - stop loss of the initial position in points.
  • TP_buy - reference take profit level of the initial position in points.
  • OPK_buy - indent from the last buy position (in points) for setting the next position.
  • TPK_buy - ratio for changing take profit level of the averaging position in percentage from TP_buy.

Group of parameters for selling

  • Sell - permission to open sell positions.
  • Max_sell - maximum number of sell positions opened simultaneously.
  • SL_sell - stop loss of the initial position in points.
  • TP_sell - reference take profit level of the initial position in points.
  • OPK_sell - indent from the last sell position (in points) for setting the next position.
  • TPK_sell - ratio for changing take profit level of the averaging position in percentage from TP_sell
  • MarketExecution - stop loss and take profit for market orders are set only after the orders are opened. This parameter should be used when working on an ECN account.
  • History - enable signal database preparation mode for further optimization or testing in the strategy tester.
  • Optimization - enable special optimization or testing mode. This mode significantly reduces the consumption of system resources substantially shortening the time required for optimization or testing. In this mode, the signal database instead of the indicator is used for defining the signals.
  • Maximal drawdown - the maximum allowable drawdown as a percentage of the active account balance. When this value is reached, all positions opened by the EA are closed. After this trading starts from the beginning.

Percentage Trail Stop Loss

  • Use Trailing Stop - enable the trailing stop function. If false, trailing stop is disabled.
  • Trailing Stop level - as soon as profit in points becomes equal or greater than the specified level, the command for placing a Stop Loss order is issued automatically. The order level is set at the specified distance from the current price. If the price moves in favorable direction, the trailing stop automatically moves stop loss following the price. Otherwise, the order is not modified.
  • Trailing Stop step - step size in points.

Indicator Inputs

  • TFC - chart timeframe used for defining the current global price direction.

Common parameters

  • Alerts - trade alerts.
  • Comments - comments when working with a trade server.
  • Sounds - sounds when performing trading operations.
  • Visualization - visualization of trades on the chart.
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Price: $269 ONE DAY NEXT PRICE $369            Live Signal   https://www.mql5.com/en/signals/943594 Telegram Channel      https://t.me/Successful_Forex_EA  Recommended VPS: https://ruvds.com/pr5256 Recommended Broker: https://ru.weltrade.com/?r1=ipartner&r2=36541 London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses sophisticated machine learning an
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Cobra EA
Vsevolod Gorkovtsov
Sales promo: Cobra EA for $249 only for 10 buyers! 7 copies left, next price - $299 Have your EA or a signal failed soon after it became too crowded ? Shouldn't there be a technical solution to this in the 21st century? For the last several years I have been actively working on the solution to this problem. Name of it – Cobra EA Cobra is a revolutionary grid system unlike anything you have ever seen . And these are not just marketing words, they are backed up with sophisticated algorithmi
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Immortal X
Oon Kar Lee
ONLY 3 OUT OF 10 COPIES AT INTRODUCTORY PRICE $299  Next price will be $349.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM.   IMMORTAL X is a Revolutionary Pending Order- Based BOLLINGER BAND Smart Grid Algorithm Expert Advisor, specializing on the AUDJPY. Bet you don't have anything on AUDJPY. Great for currency diversity in your portfolio. HIGH PROFIT POWER.  Been running it personally on my private accounts since last year April. Its able to pass COVID kind o
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Blassik V2
Oon Kar Lee
  LAST 2 OUT OF 10 COPIES AT $349  Next price will be $399.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM. BLASSIK is a FULLY AUTOMATED, Trend Following Smart Grid System, using Artificial Intelligence to trade on the EURUSD pair. It specializes in systematic algorithm, using quantitative models derived from mathematical and statistical analysis, based on past data, to extrapolate and predict for future market behaviour. Real Live Signal Monitoring: https://
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EA Spectr
Fanur Galamov
⭐   8 copies for $199. ⭐ Next price $249. ⭐ Final price $499. EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered b
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Red Hawk EA
Wim Schrynemakers
!! ONLY 1 LEFT AT 299$ !! NEXT PRICE: 349$ MT5 VERSION CAN BE FOUND HERE FOLLOW LIVE RESULTS HERE Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or Alpari.com Recomm
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Element Gold
Ramil Minniakhmetov
The EA uses support and resistance levels for work. Easy to use, recommend pairs EURUSD, AUDUSD, USDCAD, USDCHF, CHFJPY, time frame H1. The trading system is suitable for both experienced traders and beginners. The EA has protection against high spreads and allows you to trade with a fixed or automatic lot size. RECOMMENDED BROKER FOR MY ADVISOR Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here .  You ca
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Trend Line GRID mt4
Evgenii Aksenov
This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closing them with a counter profit. This ensures that a profit is achieved in each trend. EA also accompanies trades opened in manual mode
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Versão 6.9 2020.07.05
Improved algorithm.
Versão 6.8 2018.08.20
Improved algorithm.
Versão 6.6 2018.07.13
Improved algorithm.
Versão 6.5 2018.05.31
Improved algorithm.
Versão 6.4 2018.05.30
Added new parameters and functions.
You can set the hours of trading.
You can limit the beginning of the new series.
You can disable the increase in the size of orders.
You can enable the Trailing Stop.
Improved algorithm.
Versão 6.0 2015.01.08
Added a new option - "Maximal drawdown".
Improved algorithm.