Project Price Action MT4

Project Price Action is an indicator–free trading system, working on which the adviser does not use technical indicators, but works with price readings, looking for pattern models that suggest the behavior of the financial market. Price action is based on the principles of technical analysis, and this fact allows the use of specialized indicators.

EA Features:

  1. Allow the risk to increase interest or fix lots by the user.
  2. Uses an economic news filter.
  3. Spreads protection using pending orders (stop orders) without market orders.
  4. There is no grid. Without martingale.
  5. A small stop loss for each trade.
  6. Special price Action, Special Artificial Intelligence (AI).
  7. It can adapt to different economic behaviors.

The EA does not use Martingale, Grid and other strategies with an increase in the lot.

МetaТrader 5 version: https://www.mql5.com/en/market/product/102502

Requirements and recommendations
  • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies/timeframe.
  • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 1000 or $10 on a cent account.
  • Leverage of 1: 100 or more is recommended.
  • The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to process all the ticks and this is bad for the adviser ).
  • Broker with 5-digit and 3-digit quotes.
  • We recommend using a VPS.
  • if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.
  • For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add https://ec.forexprostools.comhttps://world-time-zone1.com and click OK.
  • Instructions for reducing the amount of RAM for EA: post/744213  ( the EA requires a minimum of 10000 bars in the history ).
  • Download the set file: https://www.mql5.com/en/market/product/102502#!tab=comments&page=1&comment=49111659

For the Strategy Tester:

  • For testing, it is recommended to use:
    • Methods of modeling ticks:
      • M1 OHLC.
  • Use multicurrency testing for 16 currency pairs in MetaTrader 5. Instructions for launching multicurrency testing are shown in the video instruction.

    Symbols:
    • EURUSD, GBPUSD, GBPJPY, USDCHF, USDJPY, AUDUSD, GBPAUD, USDCAD, GBPCAD, EURAUD, EURCAD, GBPCHF, NZDUSD, GBPNZD, EURCHF, EURNZD, AUDJPY / М3, M5, M10,  M12, M15, M20 

    Parameters:

    • EURUSD - if true, use EURUSD;
    • ...
    • AUDJPY
    • Magic_Start / Magic_Finish - ID of EA's trades.
    • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
    • Use several Symbols or Timeframes simultaneously in trading - setting up the number of currencies and timeframes for simultaneous operation.
      • OFF /  TF_For_All_Symbols  TF_For_Each_Symbol_Separately /  Work_Symbols_at_one_Time.
      • Number Symbols / Number Timeframes - the number of currencies and timeframes.
    • Use_Risk_MM — If this is true, the lot size will increase when account balance grows (Risk Management).
    • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
    • Fixed_Lot — Fixed lot (if Use_Risk_MM - false).
    • Order Type - trading direction;
    • Order Comment - comments to orders;
    • Slippage - allowed slippage before an order is triggered;
    • Show_Info_Panel - use the information panel (false - faster backtest);
    • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
      • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
      • Max Spread - maximum allowed spread;
      • Stop trade - disable trade for a certain time (from 1 minutes to 24 hours) if the average spread exceeds Max_Spread;
      • Economic news filter:
        • Select http or https - select Protocol to download economic news;
          • http 
          • https 
        • News_update_every_N_minutes - update news every N minutes.
        Торговля внутри недели:
        • Monday - trading on Monday;
        • Tuesday - trading on Tuesday;
        • Wednesday - trading on Wednesday;
        • Thursday - trading on Thursday;
        • Friday - trading on Friday;
        Time trading within a day:
        • Use time - if true, the EA trades by time;
        • GMT setting - GMT settings;
        • Every_Day_Start - start time (hh:mm);
        • Every_Day_End - end time (hh:mm).
        Time to disable on Friday:
        • Use time - if true, the EA trades by time;
        • Disable_in_Friday - end time on Friday (hh:mm).

        ------------------------------------------------------------------------------------------------------------

        >>>> Our group in mql5: https://www.mql5.com/en/messages/016a118dc374d801 <<<<

        ------------------------------------------------------------------------------------------------------------


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        Thi Thu Ha Hoang
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        Stefano Frisetti
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        Stefano Frisetti
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        Sugianto
        5 (11)
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        Ignacio Agustin Mene Franco
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        Vadim Zotov
        5 (5)
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        Connor Michael Woodson
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        Goldbot One MT4
        Profalgo Limited
        5 (5)
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        Ramil Minniakhmetov
        5 (2)
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        Ayush V Jain
        5 (1)
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        Ianina Nadirova
        5 (1)
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        GOLDwind Engine4
        Tjia Elisabeth Jasmine Canadi
        EA~GOLDwind – XAUUSD için Olağanüstü Büyüme Motoru – Aylık %100'ün üzerinde yatırım getirisi sağlıyor MT4 ve MT5 için kullanıma hazır Uzman Danışman I N T R O GOLDwind'in gücünü keşfedin. Gelişmiş bir işlem motorunun XAUUSD'nin oynaklığını nasıl hassas odaklı fırsatlara dönüştürdüğünü deneyimleyin. Tersine dönüşler veya güçlü trend oluşumları gibi önemli momentumun erken sinyallerini ortaya koyan şeffaf grafik arayüzü sayesinde, gelişmiş analizlere doğrudan erişim ve altının dinamik se
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        Shane Lee
        5 (1)
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        Dark Titan
        Marco Solito
        4.99 (77)
        Dark Titan  is a fully automatic Expert Advisor for  Scalping   Trading. This Expert Advisor needs attention, in fact presents a   High Operating Frequency . Dark Titan is based on dark inversion indicator, these Trades can be manage with some strategies. The expert advisor is able to get a high-rate of winning trades. My tests were performed with the real tick date with 99,90% accuracy, actual spread, additional slippage and High commission. All the  settings are external , so that everyone ca
        Yazarın diğer ürünleri
        This unique indicator automatically builds Wolfe Waves and features a highly efficient trading strategy.   Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is closed behind Moving Average, and then we open a trade with the lot: = (Let's apply the lot of, say, (0.40), divide it into four parts and open a quarter of the lot (0.10)). If the
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        Ruslan Pishun
        5 (1)
        Wolfe waves ultra draws Wolfe Waves automatically. The indicator searches for the Wolfe Waves on three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade, resulting in a very high winning ratio. Features Amazingly easy to trade. The indicator is able to recognize all Wolfe Wave patterns in a specified interval. Thus, we check each extremum for the potential 1,2,3,4,5 points apart from ZigZag vertices. The indicator
        EA Skynet MT5
        Ruslan Pishun
        2.25 (4)
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        EA Black Scorpion MT5
        Ruslan Pishun
        1 (1)
        The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
        EA Red Dragon MT5
        Ruslan Pishun
        2.7 (10)
        The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
        The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles. You can also enable coloring only candle bodies. МetaТrader 5 version:  https://www.mql5.com/en/market/product/11649 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =
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        Trend modified
        Ruslan Pishun
        5 (1)
        The Trend modified indicator draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters User Bars - the number of bars for calculations. Depth (0 = automatic settings) - Search area (0 = automatic adjustment). width trend ( 0 = automatic settings) - Trend width (0 = automatic adjustment). (true = closed bars on directi
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        Ruslan Pishun
        2 (1)
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        Ruslan Pishun
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        EA Fox
        Ruslan Pishun
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        Ruslan Pishun
        1 (1)
        EA Innovative PRO is a fully automated EA for Forex trading. It is based on three combined adaptive algorithms. Follows the movement of market price. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA eliminates the extra noise and chooses the most convenient strategy for trading. Dynamically places trailing stop and moves profit to breakeven
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        Ruslan Pishun
        2 (4)
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        Ruslan Pishun
        5 (1)
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        EA Red Dragon
        Ruslan Pishun
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        Ruslan Pishun
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        Ruslan Pishun
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        Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c
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        Ruslan Pishun
        2.88 (8)
        The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
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        Ruslan Pishun
        2 (10)
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        Ruslan Pishun
        5 (1)
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        Ruslan Pishun
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        Ruslan Pishun
        2.42 (12)
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        The Super scalper universal is a fully automated scalping Expert Advisor, which uses five indicators. Each open position is protected by a hidden stop order managed by an advanced modification algorithm. When searching for the suitable signals, the EA uses the integrated indicator in conjunction with the trend and time filters, as well as the volatility filter. It use dynamic position closure, which considers the location where the order had been opened and the subsequent price action. Profit is
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        Ruslan Pishun
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