TrailingStop - expert for MetaTrader 4

TrailingStop - expert for MetaTrader 4

Trailing stop allows you to automatically protect the profits with your positions. It adjusts itself according to the current market rate and the amount of pips you give it to trail behind. Trailing stop is a great tool for the conservative and long term traders as it easily creates protective "airbag" for trades. There are two basic ways to set the trailing stop in your MetaTrader 4 platform - use the built-in tool and attach a special EA that
ChartEvent Test Example - expert for MetaTrader 4

ChartEvent Test Example - expert for MetaTrader 4

The "Test_ChartEvent.mq4" Expert Advisor is an example demonstrating the various types of ChartEvent: keyboard keys events, mouse click & move events, custom events. You can press the H key for help and press the M key to enter the MOUSE_MOVE event mode. The source code works both in MetaTrader 4 and MetaTrader 5. Function Prototype bool Obj_Create() bool Obj_Delete() bool Obj_Move(int hSens,int vSens) - moves an object. void Print_Info() -
Tipu EA - expert for MetaTrader 4

Tipu EA - expert for MetaTrader 4

This is a simple EA based on Tipu Trend and Tipu Stops indicators found in the Market. This EA is for educational purposes only and does not guarantee any profit. EA Rules The following are the rules of this EA. Step #1. Define Trade Entry - this EA defines trade entry as Tipu Trend M15 signals confirmed by the H1 trend and filtered by risk tolerance set by the user. For example, if trend on H1 is upward it will look at buy signals on M15 lower
Hidden Stop Loss and Take Profit - expert for MetaTrader 4

Hidden Stop Loss and Take Profit - expert for MetaTrader 4

The EA implements a hidden Stop Loss and Take Profit system. The system is run as follows: First, open the buy and/or sell orders that you desire for a particular chart symbol. Second, open the EA in a chart with the same symbol, specifying the size of the hidden Stop Loss and Take Profit in points. The default is to calculate these relative to the open price of the trade, but it can be calculated relative to the current mid price of the tickets
News EA Template without DLL - expert for MetaTrader 4

News EA Template without DLL - expert for MetaTrader 4

In essence, this is source code (template) of the Expert Advisor that downloads news from the investing.com, written in the MQL4 without the use of DLL. If you were looking for a way to do this in your product for the Market (use of DLL is not allowed there), then this is what you need. Now anyone can implement the feature of working according to the news background — and anyone can do this himself. The template is based on the Urdala News
Ichimoku Kinko Hyo System - expert for MetaTrader 4

Ichimoku Kinko Hyo System - expert for MetaTrader 4

This EA is based entirely on the Ichimoku Kinko Hyo system. Trades are opened when the chinkou span crosses the price action, cross up for long, cross down for short. Long trades must be confirmed by: price action above kumo, chinkou span above kumo and the overall kumo size in pips must be greater than the user input kumo size threshold. For shorts it is the opposite. Orders are closed by one of three ways. There is a hard stop loss, input in
LB & SB using RSI & Momentum - expert for MetaTrader 4

LB & SB using RSI & Momentum - expert for MetaTrader 4

The same EAs as previously released. The additional code allows the user to set parameters on RSI and Momentum. For guidance, in the variables, if the RSI buy restrict is set to 70, the EA will not place a pending buy order if the RSI is above 70. The modification to the code is simple, even someone of limited knowledge of coding could change the indicators to one of their choice. Below are the new lines. extern
Example of MACD Automated - expert for MetaTrader 4

Example of MACD Automated - expert for MetaTrader 4

It is a MetaTrader 4 code example of MACD automated Expert Advisor, with advanced money management function and trailing stop as well. The idea is: Filter as Multi Time Frame code example (Daily and 15 minutes charts). When the bigger timeframe is giving Buy (or Sell) signal/rule, then it will wait the confirmation of the lower timeframe to give the same signal/rule. Then the trade must be placed. Buy Rule: When the MACD histogram is > 0 on
Yen Trader - expert for MetaTrader 4

Yen Trader - expert for MetaTrader 4

Yen Trader trades JPY Crosses (XXXJPY) where XXX is one of the major currencies (except USD which will be used as a reference currency). Based on the selected direction (R:Right or L:Left), the EA will detect Divergence or Convergence between a major pair and USDJPY, and trade the Yen Cross Pair based on that. Divergence/Convergence is detected using: Close Price a number of bars back Moving Average RSI CCI RVI Stop Loss, Take Profit, Profit
Example of A Simple Breakout Trading Robot - expert for MetaTrader 4

Example of A Simple Breakout Trading Robot - expert for MetaTrader 4

Description: Just a very simple break-out trading example as seen on the Buy-Entry example image below. The Sell-Entry would be as revers of Buy-Entry image. By candles only with no indicator(s). Recommendations: Use only on Demo Account or Back-test. See more examples on the (candle breakout trading) by using internet searching engines.



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