EA MECHANIC

[EA] MECHANIC is a MetaTrader (MT4) Expert Advisor designed for use with three basic currency pairs EURUSD, GBPUSD and AUDUSD. With individual settings, it can work very well on any currency pair as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions.

  • It is based on standard MT4 indicators "Bollinger Bands" and "Parabolic SAR".
  • The strategy is working on Timeframe M5 only.
  • It is very easy to set up and supervise.


Features

  • It can be individually adjusted to use on any currency pairs of your choice.
  • It has implemented money management and risk management settings.
  • Additional functions to test the response during different market situations.

This EA is fully automatic, we recommend to monitor it though. In other words, you can simply switch it ON and let it run, but you should always supervise it. The market is unpredictable and no fully automatic system can handle unexpected market behavior, especially situations when macro-economic data are released.

The EA should be set to work from 9:00 to 15:00 CET (FRANKFURT), which means since LONDON session start till the first hour of NEW YORK session (14:30 CET is the usual time when the U.S. macro-economic data are being released).


Backtesting

The Expert Advisor is delivered in default "factory" settings, which are set to work on the three basic currency pairs EURUSD, GBPUSD and AUDUSD. Please be aware, that testing any system on historic data will never give you any information about how it will work in real live market conditions. We do not comment any backtest results.


Input Parameters

  • EnableMM: enable MMRisk function
  • MMRisk: risking set percentage of the account's equity
  • FixedLot: fixed position size
  • TPOnSLRatio: SL (x) this multiplicator = TP value
  • SoundAlert: to enable sound alert for "position-open"
  • SoundName: the sound file to use as sound alert
  • PushAlert: to enable the Push Alerts
  • EmailAlert: to enable the Email Alerts
  • AllowMultipleSignal: to enable multiple signals
  • MinTimeGap: minimum time in between 2 signals
  • PositionLimit: maximum number of opened positions
  • Openreverse: the EA will open reversed position
  • OpenHedged: the EA will open 2 hedged positions
  • SetSLTPOnEntry: SL and TP will be set automatically
  • AddSpreadToSLOnSellEntry: SL+spread for SHORT positions
  • MinSLToOpenTrade: minimum SL to open trade
  • MaxSLToOpenTrade: maximum SL to open trade
  • ProfitReached: if position reaches certain profit, then:
  • ProfitLocked: move the SL to minimum profit
  • BBPeriod: internal BB indicator settings
  • BBDeviation: internal BB indicator settings
  • BBApplied: internal BB indicator settings
  • MinMiddleLineDistance: signal valid if "x" pips from SMA
  • PSARStep: internal PSAR indicator settings
  • PSARMaximum: internal PSAR indicator settings
  • PSARTrailing: move trailing stop with PSAR
  • TimeFilter: limit the time period when EA works
  • StartHour: internal PC clock - start hour
  • StopHour: internal PC clock - end hour
  • MagicNumber: change this number to any.
  • TradeComment: change the text to anything.


If You Already Purchased The Product

Please write a private message to us, we will send the User MANUAL with description of the functions, also will give you recommendations on how to trade live, etc.


Author

Antonin Skaryd, private investor and market analyst, software developer and founder of the FUTURE ENTERPRISE company.

[EA] MECHANIC is fully functional and exact mechanical trading strategy with no place for emotions or non-systematic trading approaches or random trader's behavior. It has an exact entry point and an exact exit point.

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Mihails Babuskins
4.8 (5)
Recommended:  it's better to  use in accounts with lower swap or swap-free accounts. SEE AND COMPARE WITH OTHER EA's , Real monitoring signals link on my profile. Contact me after payment to send you the user manual PDF file See the real monitoring signal in my profile. Use only on gold and on the  BUY direction. Trading gold is attractive to many traders due to the high volatility and depth of the market. Should we invest in gold or just scalp it? Answering this question is a big challenge for
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Ivan Simonika
3 (1)
Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
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Aleksandr Shurgin
After a thorough work and search for the optimal values of each of the Expert Advisor's parameters, the most stable settings of the algorithms have been selected, which do not require over large history periods. The robot uses a universal trading strategy, allowing the use of the currency pairs EURUSD, GBPUSD, USDCHF, USDJPY and other pairs with low spread. The EA trades on a 5-minute timeframe , it uses levels defined automatically on the bases of multiple parallel price movement calculation me
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MQL TOOLS SL
5 (1)
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2.33 (3)
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KEENBASE SOFTWARE SOLUTIONS
5 (2)
Sinal ao vivo da ICMarkets: Clique aqui O que você precisa fazer para ter sucesso com o KT Gold Nexus EA? Paciência. Disciplina. Tempo. O KT Gold Nexus EA é baseado em uma abordagem de trading do mundo real, utilizada por traders profissionais e gestores de fundos privados. Sua força não está na empolgação de curto prazo, mas na consistência de longo prazo. Este EA foi projetado para ser operado ao longo do tempo. Recomenda-se mantê-lo ativo por pelo menos um ano para experimentar seu verdadeir
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Cence Jk Oizeijoozzisa
5 (2)
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Jimitkumar Narhari Patel
Algo Capital Advanced Market Intelligence Trader: Empowering Traders with Integrity and Insight Algo Capital proudly introduces its inaugural state-of-the-art Advanced Market Intelligence Trader - engineered to transform your trading experience through precision, adaptability, and advanced market intelligence. Powered by proprietary algorithms and deep market research, this solution is designed to deliver consistent, high-quality performance across diverse market conditions. Why Algo Capital?
Unlike most other EAs in the market, I always assure every single of my EAs are of highest quality: Real trades will match backtesting. No loss hiden techniques to hide historical losses, no manipulated backtest to make backtesting curve smooth without loss (only naive traders believe in smooth upward curve with no risk - they are most likely scamming). My EA always have multi-years verified statistical trading edge. Robust and long term stable with sensible risk management. Not sensitive to sp
Gold Medalist
Dmitriq Evgenoeviz Ko
Gold Medalist is an intelligent system focused on volatile trading on the XAUUSD market. It aims to identify and effectively exploit short-term price impulses, providing traders with new profit opportunities. The full list is available for your convenience at https://www.mql5.com/ru/users/pants-dmi/seller The Gold Medalist's key advantage lies in its unique price action analysis system. By accurately measuring price movement, it can identify true market momentum signals while avoiding false si
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Dmitriq Evgenoeviz Ko
1 (1)
Gold Emperor EA MT4 Expert Advisor the full list for your convenience is available https://www.mql5.com/ru/users/pants-dmi/seller  Gold Emperor EA is an automated trading advisor (expert) designed specifically for gold trading (XAU/USD) on the MetaTrader 4 (MT4) platform. It is designed to maximize profits and minimize risks when trading this volatile asset.   Key Features:   Gold Specialization: The EA is designed to take into account the specific characteristics of gold price movement,
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Marek Kvarda
5 (1)
This robot uses its own built-in oscillator and other tools to measure market movements (volatility, speed, power, and direction). At an appropriate time, it places an invisible pending order on the market, which it continues to work with according to the set TradingMode. It is recommended to use a fast broker with low fees, accurate quotes and no limitation of stop loss size. You can use any timeframe. Features spread protection slippage protection no grid no martingale a small SL for every tr
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