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With the aim of educating you how to make trading tools that are simple and can be used immediately. This EA is used as a trading tool to help us close all orders with a specific target in the form of money or cut loss. We can filter orders by magic number. For the purpose of learning to create an EA, I will share how to make an EA that uses 2 cross moving average indicators as a trading position entry signal.
The simple trading panel is a trading tool that is very interesting because it will allow you to predefine your StopLoss and your TakeProfit in term of pips. It has all the nice features for managing the account and the trades.
A simple but fully functional program that demonstrate how a martingale can work for you. Just change the entry analyis using your own scalping strategy and your personal money management style, then optimize. It is very useful on different trading scenarios.
I urge you guys to always use trading tools that will make your live easier. So instead of watching the charts and the time and all day long, you can use this indicator that will watch the charts for you. EA by Maduagwuna E. Works at any stock. If anybody wants to translate it to MQL5, it would be great. I still do not know MQL5.
If you do, please, let me know. This expert shows the maximum profit level that touched by price line for your first position on chart window. Please vote this program to help know this program how much helpful. Thanks for your vote stars. Please test in Demo Account first. It's a triangular arbitrage system three pairs correlation system to use 3 currencies to make 3 pairs to open hedge orders on those.
The expert starts opening six orders for each ring 3 plus and 3 minus and waits to move prices in one direction to make a grid of orders. This code extracts tick data from the broker's server and refreshes the 28 charts of the 8 commonly traded currencies in MT4. With this EA you can test your algos much faster than eyeballing, using Soft4x or using any other EAs in Strategy tester. Watch how to download trading robots for free. Access the CodeBase from your MetaTrader 5 terminal.
Couldn't find the right code? Order it in the Freelance section. How to Write an Expert Advisor or an Indicator. Submit your code. You are missing trading opportunities:. Whenever the disparity index crosses the zero line, the indicator generates very useful signals. A change in trend is imminent when the indicator crosses the 0 line.
A price correction is inevitable when the indicator shows extreme values. Extreme values indicate that a trend reversal is imminent and traders should stop following the trend. Values above zero indicate an uptrend, while values below zero indicate selling pressure during the downtrend. Divergences can also be detected using the DI indicator. Whenever the indicator and the price do not move in the same direction, this indicates a divergence.
The rate-of-change indicator ROC , also referred to simply as momentum, is a pure momentum oscillator that measures the percentage change in price from one period to the following one. The chart forms an oscillator that fluctuates above and below the zero line as the rate of change moves from positive to negative.
Since divergences are not reversal signals in most cases, they will not be discussed in detail in this article. Although crossing the center line causes price fluctuations, especially in the short term, these crossovers can be used to identify the overall trend. The identification of overbought or oversold extremes is natural for the Rate-of-Change Oscillator. The whole theory is described there in details.
The indicator has no input parameters. Breakout Indicator shows the high and low level for a preset period along with a buffer setting, it calculates the number of pips in between too. Sweet Spots Indicator puts up lines on a chart in whatever incrementing sizes you set. It also shows price, spread and more. Fibonacci Pivot Points Indicator is a Fibonacci pivot calculator that graphs the values onto the chart.
Highs and Lows Indicator calculates the high and low levels for up to two periods. This is simple script which opens positions according to a Fibonacci Retracement object. The script searches for the latest Fibonacci Retracement object.
Order open level is set to 1 pip over fibonacci level for buy order and 1 pip under fibonacci level for sell order. SL level is fixed on 0 fibonacci level. Then the script gets the first fibonacci level over and sets in this place TP, so it is possible to change TP range by modification of the Fibonacci Retracement object. OpenFiboOrder calculates proper levels taking into consideration a difference between ask and bid price spread.
Just before placing order the script checks whether SL, TP and order open levels are not too close. If any error occurs, the script displays message. String Library provides a group of useful functions intended for working with strings. The library perfectly complement built-in functions of MetaTrader. Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages. WallStreet Forex Robot 3. Forex Signals. Blog Posts. What Spread Means in Forex Trading?
How to buy Bitcoin BTC? Are you too late to invest in BTC? Featured EAs. Expert Advisors Indicators Scripts Libraries. Mastermind EA. X scalper system. Trailing With Partial Close. Trailing Stop. It modifies trailing stop loss on all the profitable open trades. Trade Protector. Tight Trailing Stops. TrailingAct is trade profit in pips after which the trailing stop will be activated, if set to 15 for example, the trailing stop will be activated when the trade is in 15 pips of profit.
TrailingStep is the amount in pips by which the trailing stop will trail. Swiss Army EA. It prints to the screen allowed doable options, which helps to figure out what it does. It needs some more time on a demo account to well understand how it really works.
Ichimoku Chikou Cross. Parameters AllPositions ; the trailing stop is used for all of the positions. TrailingStop ; the trailing stop size in pips. TrailingStep ; the trailing stop step. UseSound ; enable or disable the use of sounds. NameFileSound ; the sound file name. EMA Trailing Stop. It uses a trailing stop based on exponential moving average EMA.
CloseWhenProfit ; when the sum of all profits gained from all open trades reaches this preset value, trailing starts and all the trades will be closed. Break Even Expert. Blessing EA. Modified Puria EA. Puria Method EA. Use maximal Stop-Loss value is 14 pips. Super Forex Expert Advisor. Martingale Expert Advisor.
Catching Gaps Expert Advisor. Moving Average Expert Advisor. Artificial Intelligence Expert Advisor. Cyberia Trader Expert Advisor. Early Top Prorate Expert Advisor. The Master Mind Expert Advisor. Modified Stop Hunter Expert Advisor. Robot Danu Expert Advisor. Double Up Expert Advisor. Championship Expert Advisor. Free Metatrader Trade Copier.
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