Simple Expert Advisor

VELVET SEA:

a usable, free simple expert advisor by the maker of velvet.


CONCEPT

This expert advisor is designed for use with a VPS that has continuous connectivity and trades based on whether or not it detects decisive momentum in a market, and can be configured to trade all open charts in a session or for it to only be attached to one chart with a given set of parameters.  That makes it possible for Velvet Sea to trade different symbols with different parameters to suite the needs of the user, because different instruments might have different degrees of leverage and the cost of the spread might be an order of magnitude apart.  So it trades based on the behavior and the direction of the market and that makes it possible to allow this product to take the emotions out of trading; set how often and how much it trades by setting the parameters.  The frequency of trading events depends on the degree of leverage that is offered by each user's broker, and so the default settings might not be suitable for all investors.  However, given due diligence and testing with demo accounts, some users may experience growth in excess of 100%; this should not be expected for most users.

INPUT PARAMETERS

  • input int PeriodInBars=6; This is the base averaging period.  The advisor will double the length of the base averaging period and check the averages obtained in that sequence for order, either increasing or decreasing, to detect decisive momentum that will trigger trading activity in the user's account.  The averaging period is listed in "bars" so this also depends on the time frame of the chart being displayed in the session
  • input int PeriodsToCheck=4; This is the number of times the algorithm will double the duration of the averaging period to determine if the averages are in increasing or decreasing order as the averaging period is doubled.
  • input int PeriodTimer=60; This is the amount of time that the algorithm allows to elapse between attempting to detect decisive momentum that will trigger trading activity in the user's account.  This parameter is in units of minutes, so 60 seconds = 1 minute, 300 = 5 minutes.
  • input double InputVolume=0.01; This is the size of the trade that will be placed by the algorithm if it is able to detect decisive momentum.  0.01 corresponds with the default lot size for forex trading with EagleFX.
  • input bool ChartLocked=true; This is the flag that determines if the expert advisor's parameters will be applied to all charts in the session or only the chart that it was applied to.  The default value is true and that corresponds with the notion that all symbols are different and any two different symbols may have significantly different levels of leverage that would make one set of uniform parameters inappropriate to use for both.
  • input bool RiskAverse=false; This is the flag that determines whether the algorithm will trade against momentum or with momentum.  Risk Aversion can be observed better by correlating the data provided by the Bifurcated Averages Analyzer and the direction of price action.  If prices and the Bifurcated Average move together this is a risk averse market, otherwise the market is in a continuation posture. 
  • input bool ClearWeekly=false; This flag determines if the the advisor should run a routine to close all positions once a week.  It is currently set to execute this command at the beginning of the week. (Sunday evening in the U.S., Monday morning for Asia-Pacific Coast)  A delay was programmed in to keep the session from crashing, so it closes just under a hundred positions a minute, which could take a long time to clear out if the volume of trade is sufficiently high. 

A WORD ABOUT APPROPRIATE PACE V. INAPPROPRIATE PACE

It is critically important not to overleverage your trading account, because if you do, in most cases you likely lose close to your entire balance if you use too much leverage.  This advisor will not stop you from entering a pace and volume of trading activity that is inappropriate and the individual investor must calculate out what their margin requirements will be and their ideal degree of leverage to be certain that they do not run into a liquidation condition.

TRADE FRIENDLY.  DON'T GET LIQUIDATED.

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Pattie Opening Range Breakout (ORB) is a range of price variation, which for each session, it generates a combination of support and resistance levels, positioning itself in favor of breaking out of the bands, when it is exceeded on the upside is a signal to buy or enter long and when it is exceeded on the downside it is a signal to sell or enter short. Pattie Break Out  EA  is a specialized trading tool designed to automate  time session-based breakouts . The EA operates by drawing a price rang
Forex Dominance MT4
Ebrahim Mohamed Ahmed Maiyas
5 (2)
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Forex Market. It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patte
Gold Trade Pro
Profalgo Limited
4.61 (23)
Tanıtımı başlat! 449$'dan sadece birkaç kopya kaldı! Sonraki fiyat: 599$ Son fiyat: 999$ 1 EA'yı ücretsiz alın (2 ticari hesap için) -> satın aldıktan sonra benimle iletişime geçin Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro, Altın ticareti EA'ları kulübüne katılıyor, ancak büyük
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
GoldPro
Sergey Batudayev
5 (2)
GoldPro (MT5) — 2 seçilebilir modlu XAUUSD Uzman Danışmanı: Klasik ve Scalping GoldPro, yapılandırılmış bir sistem, net risk kontrolleri ve farklı piyasa tempolarında çalışabilen bir EA isteyen yatırımcılar için tasarlanmış   , XAUUSD (Altın)   için otomatik bir işlem sistemidir. Bir EA (Uzman Danışman) içinde   , nasıl işlem yapacağını   seçebilirsiniz: 1) Klasik Mod — salınımlar ve geri çekilmeler için sakin mantık Klasik bir yaklaşım, tersine dönüş/ortalama değere geri dönüş davranışına (piya
Dark Algo
Marco Solito
4.66 (67)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
Exp4 AI Sniper for MT4
Vladislav Andruschenko
2.33 (3)
AI Sniper for MetaTrader 4 — hassasiyet için tasarlanmış akıllı işlem robotu AI Sniper , MetaTrader 4 için özel olarak geliştirilmiş akıllı ve uyarlanabilir bir işlem robotudur. Sadece sıradan bir Forex botu olmak için değil, daha yüksek hassasiyet, daha güçlü yapı ve daha profesyonel bir otomasyon arayan traderlar için tasarlanmıştır. AI Sniper for MT4 , gelişmiş algoritmik mantığı, gerçek zamanlı piyasa okumasını ve dikkatle tasarlanmış yürütme yapısını bir araya getirerek daha kaliteli BUY ve
Quantum Pips AI MT4
Rodrigo Arana Garcia
5 (5)
Yeni nesil bir uzman danışman olan Quantum Pips AI'ya hoş geldiniz! Bu fiyattan sadece 2/5 kopya satılacaktır. Bundan sonra otomatik olarak fiyat, robotun performansının gerçek hesaplar için yeterli olduğundan emin olmak için yükselecektir. Satın aldıktan sonra benimle iletişime geçin ve ücretsiz bir gösterge alın (65$ 'dan fazla değerde) Quantum Pips AI, forex piyasasından kar elde etmek için titizlikle tasarlanmış son teknoloji bir Uzman Danışmandır. Bu akıllı sistem, birden fazla zaman dilimi
EA Games Changer
Tjia Elisabeth Jasmine Canadi
5 (3)
Yapay Zeka Oyun Değiştirici – Çoklu Çift Ortalama Alma + Koruma Sistemi (Akıllı Yönlü Genişletilmiş) TANITIM BAŞLANGICI — 5 Yıldızlı Yorumcular Aranıyor! Ömür Boyu 6 Aylık Fiyat. Sınırlı Kontenjan. Acele Edin! Ömür boyu erişim, 6 aylık fiyattan sadece +1 sent daha pahalı. Tam ömür boyu değerine dönmeden önce, rakipsiz bir tanıtım fiyatıyla kalıcı mülkiyeti güvence altına alın! Sürüm: Mükemmelleştirilmiş Etkileşimli Kullanıcı Arayüzü - MT4 (Yamalı) Geliştirici: CyberBot Projesi P R E P
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
ULTIMATE SALE! Get WallStreet Recovery PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent trade management system,
MACD Trend strategy is MACD and strategy of trading skills combine a stable profit based strategy, which is based on the MACD MACD (or admission at the same time, Sicha) according to the market trend to control the position, the risk control in the lowest level, the strategy is applicable to the strong liquidity of currency, precious metals and other major currencies recommended to the following is the basic framework, strategy (with only part of the transaction logic), specific to the program d
GOLD Scalper PRO
Lachezar Krastev
4.46 (24)
ULTIMATE SALE! Get GOLD Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for tra
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Velvet RSI
Kevin Peter Abate
Velvet RSI is intended for use with the Velvet advanced ordering layer.  It is a modified version of the RSI indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet RSI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RSI indicator requires that "Velvet Ordering Layer" ( found here ), version 1.0 or higher, be installed and running. When de
FREE
a novel indicator by the maker of velvet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
FREE
Velvet MACD
Kevin Peter Abate
Velvet MACD is intended for use with the Velvet advanced ordering layer.  It is a modified version of the MACD indicator provided by Metaquotes and all of the data it displays is accurate and verified, when it is detected by the ordering layer.  In order to place orders with the Velvet MACD indicator, the ordering layer must be installed and running.  Ordering from the Velvet MACD indicator requires that "Velvet Ordering Layer" ( found here ), version 2.0 or higher, be installed and running. Whe
FREE
Virtual Exchange Reserve Equity Monitor In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a unive
FREE
Velvet RVI
Kevin Peter Abate
Velvet RVI is intended for use with the Velvet advanced ordering layer.  It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here . All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer.  In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" ( found here ),
FREE
Virtual Exchange Reserve In an environment where exchanges offer increasingly high leverage ratios, it is all the more important for traders to tightly regulate their level of   equity .  This software is designed to be run in the background on any virtual private server that can run Meta Trader 4/5.  It implements basic equity control functions ahead of the broker---allowing users to set their own equity trailing stop, an equity limit to lock-in a certain profit margin, and a universal stop tha
velvet is an advanced ordering layer designed with MQL4 for use on a virtual private server to allow users to place orders with graphical objects placed onto compatible indicator charts displayed in the user session.  The current version of  velvet  supports ordering from trendlines placed on price charts and ordering from trendlines on the compatible version of the RSI indicator found here .  For compatible indicators to function they must be installed to the "velvet" (case-sensitive) directory
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Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.12.14 12:33 
 

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Prathamesh Prakash Gawde
385
Prathamesh Prakash Gawde 2022.06.14 06:13 
 

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