Engulfing - expert for MetaTrader 4

"Engulfing" EA Trades when there is an ENGULFING pattern  has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ. USEMOVETOBREAKEVEN  system functions like a stop loss But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you. If you have reached a certain value of pips with the

Market Watch AUTO-CSV - script for MetaTrader 4

Written in this code you can find a loop on your MarketWatch. It can be used to do a multi-market algorithm, like an EA which works on all the selected markets. Back to our script main function, in the code, obviously, you can find how to open and write on a csv file. Its really important to close your file before saving it using FileClose() function. Here below you can find the final result:

Trend Finder - expert for MetaTrader 4

"Trend Finder" EA Trades when there is a breakout from historical minimum/maximum has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ. USEMOVETOBREAKEVEN  system functions like a stop loss But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you. If you have reached a certain value of

Relative Strength Levy - indicator for MetaTrader 4

Description: The concept of Relative Strength to Levy is based on the assumption that, securities which exhibited a large relative strength in the past will also develop relatively strongly in future, and conversely. It is compare on the performance of the past with the performance of last observation period. Calculation: Arithmetic mean of the candle closing price over the observation period. The result is plotted around the 1.0 mark.  C

Track/close buys and sells buttons - expert for MetaTrader 4

This tiny helper tracks total profits for SELL and BUY orders separately, displays them in two buttons attached to a chart and allows one to close either all BUYs or all SELLs by clicking the corresponding button. I find it useful for the cases when an order goes the wrong way and I try to get it back into profit by averaging. The orders tracked are those corresponding to the symbol of the chart and can be further filtered by magic number: Magic

Simple Single Layer Perceptron EA - expert for MetaTrader 4

1. About Perceptrons About Perceptron: Dr. Mark Humphrys Single-layer Neural Networks (Perceptrons) I referred to "Artificial Intelligence" as the logic of Perceptron. 2. Algorithm 2.1. Inputs The w1, w2, w3 and w4 are weights which set the values decided by your optimization. input int    x1 = 0;//weight1 input int    x2 = 0;//weight2 input int    x3 = 0;//weight3 input

Chaos Trader Lite - expert for MetaTrader 4

You can find a free version of this program on the MetaTrader Market at https://www.mql5.com/en/market/product/25154 Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This trader, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader

Open Two Pending Orders - expert for MetaTrader 4

The Expert Advisor is intended for automatic placing of Buy Stop pending orders and Sell Stop pending orders simultaneously, Stop Losses and Take Profits on the user specified levels. As soon as the long position (BUY) is opened as ASK price crosses the levels, the remaining pending order (SELLSTOP) is deleted. Vice versa if the short position (SELL) is opened as BID price crosses the levels, the remaining pending order (BUYSTOP) is deleted. It

II (Outbreak) EA - expert for MetaTrader 4

The Expert Advisor is supposed to pyramid into big and fast market movements. It adds up on profitable trades and instantly trails them when in profit. Trades are entered when potential outbreak of big movement is identified. The advisor uses inbuilt functions for calculation of volatility, trend formation and timing to enter the trade. Inputs Commission - commission per round lot. SpreadThreshold - maximum spread (in points) to open orders (if

Multicurrency hedge example EA (overlay hedge) - expert for MetaTrader 4

The Expert Advisor looks for correlations of the Market Watch list symbols, calculates Average True Range ratios for every hedging combination and assigns different magic numbers for them. Then the subsequent operations can be easily carried out with the prepared data. For precision, statistics like correlation and ATR ratio are recalculated every day. The Expert Advisor can work with all the currency pairs from the Market Watch list on a single