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Sensor EA MT5

Description :

Sensor EA MT5 is an advanced Expert advisor for MetaTrader 5, built using the usual signals provided by Bollinger Bands Technical Indicator.

The Expert Advisor places a buy order, When price crosses above the lower band, and a sell order when price crosses below the upper band.

The Expert Advisor uses a Stop Loss and a Take profit.

The Expert Advisor settings are as follows :


( The parameters below can be set according to your trading rules. )

  • StopLoss ( Stop Loss in pips)
  • TakeProfit ( Take Profit in pips )
  • Magic number : ( set to 121261, is the  EA identifier. When running multiple instances of the same EA on one currency pair, this value should be changed for each instance )
  • TradeSize : 1.0 ( Trade size )
  • Maximum spread : ( set to 10)
  • Maximum slippage : (set to 3, will be adjusted by the EA)
  • Audibles Alerts : ( set to true)
  • MaxOpenTrades : 1 ( Maximum open trades per currency pair )
  • Hedging : ( Hedging mode, set to true )

Some clarification to remember :


For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false. 



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Profalgo Limited
3.67 (15)
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Aura Gold EA MT5
Stanislav Tomilov
3.53 (19)
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5 (1)
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Description : Combination EA MT4 is a simple Expert Advisor based on Combination MT4 custom Indicator.  The Indicator is incorporated in the EA, therefore, you don't need it as a separate tool for the EA to operate. Combination MT4 custom Indicator is based on Stochastic Oscillator and Average True Range (ATR) technical Indicators, both are set to their default values. If you wish you can download Combination MT4 custom Indicator for free from  my   product page . The Expert Advisor settings a
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Description : RSI crossover MT4 Expert Advisor is based on Relative Strength Index Technical Indicator and works as follows : Buy order is placed when the Indicator crosses bellow Level 30 and the exit Buy when the Indicator crosses above Level 70 Sell order is placed when the Indicator crosses bellow Level 70 and the exit Sell when the Indicator crosses above Level 30 The Expert Advisor settings are as follows  : The parameters below can be set according to your trading rules. Magic Number : (
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