System Trading

Mastering the 3SMA EA for MetaTrader 5: Your Guide to Smarter Trading

Mastering the 3SMA EA for MetaTrader 5: Your Guide to Smarter Trading

The creator of this strategy: Scriptor MQL5 code author: barabashkakvn This Expert Advisor (EA) utilizes three Simple Moving Averages (SMAs) calculated with the MODE_SMA method. It operates on every tick, ensuring you’re always in the loop with market movements. When to Open a BUY Position For a BUY signal, we look at the values of "MA 1", "MA 2", and "MA 3" from the most recent bar (#0). Specifically, "MA 1" needs to be above "MA 2" by a certain number of MA's spread points, while "MA 2" must be above "MA 3" by the same MA's spread points: When to Open a SELL Position For a SELL signal, we again take the values of "MA 1", "MA 2", and "MA 3" from bar #0. This time, "MA 1" should be below "MA 2" by the MA's spread, and "MA 2" must be below "MA 3" by the same MA's spread: Limitations on Position Opening Keep in mind that if there are any BUY positions currently open by this EA, the BUY signal will be disregarded. The same applies to the SELL signal. How to Close Positions To close positions, we again reference the values of "MA 1" and "MA 2" from the current bar (#0). If "MA 1" is lower than "MA 2" by half of the MA's spread, it’s time to close your BUY position. If "MA 1" is higher than "MA 2" by half of the MA's spread, close your SELL position. By mastering the use of the 3SMA EA in MetaTrader 5, you can enhance your trading strategies and make more informed decisions in the market!

Mastering Pending Orders with Breakdown EA for MetaTrader 5

Mastering Pending Orders with Breakdown EA for MetaTrader 5

Author of the Idea: arist0 MQL5 Code Author: barabashkakvn Today, let's dive into the Breakdown EA, a powerful tool designed for trading with pending Buy Stop and Sell Stop orders. Each day, this EA clears out any pending orders left over from the previous day before setting new ones. It strategically places these orders at a minimum distance above the prior day's High and below the Low. When one of these pending orders gets triggered and starts to show profit, the EA automatically applies a trailing stop to lock in those gains. It's worth noting that once a pending order is activated, the remaining pending order is removed. This is handled in the OnTradeTransaction function, where it looks for a market entry (DEAL_ENTRY_IN). Inputs Stop Loss - Set your stop loss level; Take Profit - Define your take profit target; Trailing Stop - Activate trailing stops; Trailing Step - Specify the trailing step; Minimum Distance - Set the minimum distance from the High and Low of the previous day; Risk in Percent for a Deal from Free Margin - Determine your risk per trade; Magic Number - Assign a unique identifier for the EA. Example: EURUSD, M15:

Mastering ZigZag EA: Your Guide to Trading with MetaTrader 5

Mastering ZigZag EA: Your Guide to Trading with MetaTrader 5

Author of the idea: Iurii Tokman MQL5 Code Author: barabashkakvn If you're looking to enhance your trading game, the ZigZag EA is a fantastic tool for MetaTrader 5. This Expert Advisor utilizes the ZigZag custom indicator to help you identify market channels. It places Buy Stop and Sell Stop pending orders at the edges of these channels. Once a pending order is activated, you can enable trailing features to manage your position effectively. Plus, the stop loss and take profit levels are strategically set using Fibonacci levels, including 0.0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%, 261.8%, and 423.6%. Key Inputs for ZigZag EA Here are the essential settings you’ll want to tweak to get the most out of your ZigZag EA: ZigZag Settings: Depth Deviation Backstep EA Operation Time: Start Time (Hours) Start Time (Minutes) Stop Time (Hours) Stop Time (Minutes) Channel and Indent Settings: Indent in Points Minimum Channel Size Maximum Channel Size Money Management Settings: Lots Risk Level EA Settings: Stop Loss (% of Account) Take Profit (% of Account) Trailing Stop (in Pips) Trailing Step (in Pips) Show Channel Lines Magic Number For those trading EUR/USD on a 15-minute chart, the ZigZag EA can be particularly effective:

Mastering the Return Strategy for MetaTrader 5: Your Guide to Profitable Trading

Mastering the Return Strategy for MetaTrader 5: Your Guide to Profitable Trading

Strategy Author: Andrey Kornishkin MQL5 Code Author: barabashkakvn This strategy leverages pending limit orders to maximize trading opportunities. Understanding the Core Concept At the Start Hour, we initiate a grid of pending orders, comprising Number of Pending Orders for both Buy Limit and Sell Limit types. Once these orders are activated, we anticipate a price reversal back to the opening price of the bar where the orders were placed. For instance, if we set our Start Hour to 19:00 and place four (Number of Pending Orders = 4) Buy Limit and four Sell Limit orders, we expect the price to return to the opening price of the 19:00 bar after one or more orders are triggered. Important: Make sure there are no pending orders in your trading account at the Start Hour. Setting Up Your Grid Distance (from current price) + N * Step (gap between pending orders) The expiration time for pending orders is defined in hours. Make sure to keep track of this to avoid missed opportunities! Managing Positions and Orders When your total profit across all positions hits the defined Total Profit points, all positions will close, and pending orders will be removed. Additionally, at the specified End Hour, any remaining pending orders will be automatically removed. Input Parameters Stop Loss (in pips) - Sets your stop loss; Start Hour - Time to place pending orders (in hours); End Hour - Time to remove pending orders (in hours); Total Profit (in pips) - The profit threshold to close all positions and remove pending orders; Trailing Stop (in pips) - Enables trailing stop (set to "0" to disable); Trailing Step (in pips) - Defines the step for trailing; Distance - Distance from the current price to the first pending order; Step - Distance between pending orders; Number of Pending Orders - Number of orders per type; Expiration (in hours) - Lifetime of pending orders; Lots - Fixed volume for pending orders; Risk - Dynamic volume based on risk % per trade; Magic Number - Unique identifier for your EA. Optimization tests were conducted from January 1, 2018, to July 12, 2018, using EURUSD on the H1 timeframe:

Discover the Ang_Zad_C Trading System for MetaTrader 5

Discover the Ang_Zad_C Trading System for MetaTrader 5

If you're diving into the world of trading, you're probably on the lookout for effective systems to enhance your strategies. One such system is the Ang_Zad_C trend-following indicator, which allows you to set specific trading intervals and adjust the volume of your trades based on your previous performance. So, how does it work? The system triggers trade decisions when the indicator cloud changes color, offering a clear signal for action. Setting Your Trading Time You can easily customize your trading hours using the input parameters. Here’s how: input bool TimeTrade=true; //Permission to trade by time interval input HOURS StartH=ENUM_HOUR_0; //Trading start (hours) input MINUTS StartM=ENUM_MINUT_0; //Trading start (minutes) input HOURS EndH=ENUM_HOUR_23; //Trading end (hours) input MINUTS EndM=ENUM_MINUT_59; //Trading end (minutes) With two variables for start and end times, you have complete control over your trading schedule. By default, this Expert Advisor (EA) is set to trade from midnight until 23:59. If your start time exceeds your end time, the EA will close any open positions the following day at the specified time. Managing Trade Volumes The EA also allows you to manage the volume of your trades based on recent performance. Here are the key input parameters: input uint BuyLossMMTriger=2; //Number of loss-making Buy trades to decrease MM input uint SellLossMMTriger=2; //Number of loss-making Sell trades to decrease MM input double Small_MM=0.01; //Financial resources used in trades after losses input double MM=0.1; //Financial resources for normal trades input MarginMode MMMode=LOT;//Lot size calculation method With these settings, if the last two trades in a direction are losses, the EA will open the next trade in that direction with a volume of 0.01 lots. If at least one of the last two trades is profitable, the volume increases to 0.1 lots. To use this Expert Advisor, you'll need the compiled indicator file Ang_Zad.ex5. Make sure to place it in your <terminal_data_folder>\MQL5\Indicators. During testing, the default input parameters were utilized, with no Stop Loss or Take Profit settings applied. Check out the results: Fig. 1. Examples of deals on the chart. Trading only in the time intervals set in the inputs is disabled Here are the testing results for 2017 on the EURUSD H12: Fig. 2. Test results chart Fig. 3. Examples of deals on the chart. Trading only in the time intervals set in the inputs is enabled

Mastering the AbsolutelyNoLagLWMA EA: A Comprehensive Guide for Traders

Mastering the AbsolutelyNoLagLWMA EA: A Comprehensive Guide for Traders

If you're looking to up your trading game, the AbsolutelyNoLagLwma_Digit EA could be just what you need. This expert advisor combines three independent trading systems, using the AbsolutelyNoLagLWMA indicators, to help manage your trades effectively. One standout feature is its ability to adjust trade volumes based on the outcomes of previous trades, allowing for a more strategic approach. Here's how it works: trading signals are generated when a bar closes, indicating a trend change, which is marked by a color shift in one of the three indicators. Managing Trade Volumes The EA comes equipped with customizable input variables to help you manage the volumes of your open positions. For instance, in the first system, you might set: input uint    A_BuyLossMMTriger=2;  // Number of loss-making Buy trades to decrease MM input uint    A_SellLossMMTriger=2;// Number of loss-making Sell trades to decrease MM input double A_SmallMM=0.01      // Share of funds from the deposit for trades in case of losses input double A_MM=0.1             // Share of funds from the deposit for normal trading With these settings, if the last two trades in one direction resulted in losses, the EA will open the next trade in that same direction with a volume of 0.01 lots. Conversely, if at least one of the last two trades was profitable, the position volume increases to 0.1 lots. Customizing Your Trading Systems The second trading system uses similar input settings: input uint    B_BuyLossMMTriger=2  // B number of loss-making Buy trades to decrease MM input uint    B_SellLossMMTriger=2;// B number of loss-making Sell trades to decrease MM input double B_SmallMM=0.01      // B Share of funds from the deposit for trades in case of losses input double B_MM=0.1             // B Share of funds from the deposit for normal trading For the third system, you’ll notice the inputs are prefixed with C_. Optimizing Your EA Setup To get the most out of your EA, it's best to configure it for each trading system separately, disabling the other two systems using the appropriate settings: input bool    B_BuyPosOpen=true    // Permission to enter long positions input bool    B_SellPosOpen=true   // Permission to enter short positions Simply set them to false for the systems you wish to disable. Additionally, for the EA to work smoothly, make sure you have the compiled AbsolutelyNoLagLwma_Digit.ex5 indicator file saved in the <terminal_data_directory>\MQL5\Indicators folder. Testing and Results In our tests, we used the default input parameters with stops, as showcased in the images below: Fig. 1. Examples of trades on the chart Testing results for 2017 on EURJPY H2, H4, and H12 demonstrate the EA's potential. Fig. 2. Test results chart

Unlocking OverHedgeV2: Your Go-To EA for MetaTrader 5

Unlocking OverHedgeV2: Your Go-To EA for MetaTrader 5

Idea Creator - Scriptor. Code Author - barabashkakvn. Closing Positions This EA sets a target for the total profit of all positions (opened by the EA) in points through the parameter named Total Profit Target. Importantly, every profitable position must have a profit that is equal to or greater than the Minimal Profit Target. This means you can establish a minimum profit threshold in points for your positions, leading to a more refined profitability graph compared to simply closing positions based on monetary profit. Defining a Trend When the Short Moving Average is ABOVE the Long Moving Average at the Minimum distance between MA's to determine the trend, it indicates an upward trend. When the Short Moving Average is BELOW the Long Moving Average at the Minimum distance between MA's to determine the trend, it indicates a downward trend. Inputs Start Lots - the initial lot size Base (Lot=Start Lots * MathPow(Base, Number of open positions)) - the basis for calculating position volume Shutdown Grid - a feature to force close all positions and stop the EA's operation Tunnel Width (in pips) Total Profit Target (in pips) Minimal Profit Target (in pips) MA Short: averaging period MA Long: averaging period Minimum distance between MA's to determine the trend (in pips) - the minimum distance between indicators for defining a trend Magic Number - a unique identifier for the EA Here’s a test example for EURUSD on the M5 timeframe:

Master Your Trading with the ColorX2MA_Digit EA for MetaTrader 5

Master Your Trading with the ColorX2MA_Digit EA for MetaTrader 5

Unlocking the Power of the ColorX2MA_Digit EA If you're looking to elevate your trading game, the ColorX2MA_Digit Expert Advisor is a fantastic tool that integrates three independent trading systems into one seamless EA. This setup allows you to adjust the trade volume based on the outcomes of your previous trades, making it a smart choice for any trader aiming to optimize their strategy. How It Works Trading signals are generated when a bar closes, especially if a trend has shifted, which is indicated by a color change in any of the three indicators. This feature helps you stay on top of market movements without missing a beat. Volume Management The EA is equipped with customizable input variables that let you manage the volume of your open positions. Here’s a quick look at the settings for the first trading system: input uint    A_BuyLossMMTriger=2;  // Number of losing Buy trades to decrease volume input uint    A_SellLossMMTriger=2;// Number of losing Sell trades to decrease volume input double  A_SmallMM=0.01      // Percentage of account balance used in losing trades input double  A_MM=0.1            // Percentage of account balance used in normal trades With these settings, if the last two trades in one direction were losers, the EA will open the next trade in that direction at 0.01 lots. If at least one of the last two trades was profitable, the position size jumps to 0.1 lots. Customizing for Each System The second trading system has similar input parameters: input uint    B_BuyLossMMTriger=2  // Number of losing Buy trades to decrease volume input uint    B_SellLossMMTriger=2;// Number of losing Sell trades to decrease volume input double  B_SmallMM=0.01      // Percentage of account balance used in losing trades input double  B_MM=0.1            // Percentage of account balance used in normal trades For the third system, you'll notice the C_ prefix for its inputs. Setting Up Your EA To achieve the best results, it's recommended to configure each EA for the respective trading system while disabling the others. You can do this using the following parameters: input bool    B_BuyPosOpen=true    // Allow long positions input bool    B_SellPosOpen=true  // Allow short positions Setting these to false will disable the respective positions. Final Touches For the EA to run smoothly, make sure that the compiled ColorX2MA_Digit.ex5 indicator file is placed in the <terminal_data_directory>\MQL5\Indicators folder. Test Results We conducted tests using the default input parameters with stops, and the results are promising. Check out the trade examples in the chart below: Fig. 1. Examples of trades on the chart The tests were conducted on GBPJPY using H3, H6, and H12 timeframes over the year 2016. Fig. 2. Test results chart

Unlocking Profits with ColorJFatl_Digit: A Comprehensive Guide to Your New Trading EA

Unlocking Profits with ColorJFatl_Digit: A Comprehensive Guide to Your New Trading EA

Enhance Your Trading with ColorJFatl_Digit EA If you're looking to level up your trading game, the ColorJFatl_Digit EA is a fantastic tool to consider. This powerful trading system combines three independent strategies into one seamless Expert Advisor (EA), allowing you to adjust your trade volume based on past performance. What’s even better? It provides signals based on trend changes indicated by the color shifts of the three indicators. Customizing Your Volume Management One of the standout features of this EA is its flexible volume management. You can easily customize input variables to manage the volumes of open positions. For instance, let’s take a look at the first trading system: input uint    A_BuyLossMMTriger=2;  // Number of losing Buy trades to decrease MM input uint    A_SellLossMMTriger=2;// Number of losing Sell trades to decrease MM input double  A_SmallMM=0.01       // Portion of deposit used in trades during losses input double  A_MM=0.1             // Portion of deposit used in trades during normal conditions With these settings, if the last two trades were losers, the EA will open the next trade in the same direction at a volume of 0.01 lots. If either of the last two trades was a winner, the position volume increases to 0.1 lots. Setting Up the Second Trading System Similar volume management inputs are available for the second trading system: input uint    B_BuyLossMMTriger=2  // B number of losing Buy trades to decrease MM input uint    B_SellLossMMTriger=2;// B number of losing Sell trades to decrease MM input double  B_SmallMM=0.01       // B Portion of deposit used in trades during losses input double  B_MM=0.1             // B Portion of deposit used in trades The same logic applies here, ensuring you're always optimizing your position sizes based on prior trades. Third System Configuration The third system uses inputs with a C_ prefix to distinguish its settings. The best practice is to configure each EA individually by disabling the other two systems using the following parameters: input bool    B_BuyPosOpen=true    // Allow long positions input bool    B_SellPosOpen=true   // Allow short positions Simply set these to false when you want to disable a particular system. Ensuring Proper Functionality To ensure your EA operates smoothly, make sure the compiled ColorJFatl_Digit.ex5 indicator file is located in the <terminal_data_directory>\MQL5\Indicators folder. The default input parameters used in the tests below have shown promising results. Fig. 1. Examples of trades on the chart Here are the test results for GBPJPY across H3, H8, and Daily charts for the year 2016. Fig. 2. Test results chart

Unlock Trading Success with the MostasHaR15 Pivot EA for MetaTrader 5

Unlock Trading Success with the MostasHaR15 Pivot EA for MetaTrader 5

Meet the Creator - Scriptor. Code Author - barabashkakvn. The MostasHaR15 Pivot EA utilizes a blend of powerful indicators to help you make informed trading decisions. It leverages the iADX (Average Directional Movement Index) for trend strength, along with two iMAs (Moving Averages) to analyze market movements at both CLOSE and OPEN prices. Additionally, it incorporates the iOsMA (Moving Average of Oscillator) to further enhance its trading strategy. This EA also creates and manages graphical objects like OBJ_TEXT and OBJ_HLINE to offer visual insights into your trading setup. Key Inputs Lots: Position volume Stop Loss: Set in pips Trailing Stop: Also set in pips Trailing Step: Define the step in pips Time Zone: Adjust for server time shifts Magic Number: Unique identifier for your EA

Arttrader_v1_5: Your Go-To EA for MetaTrader 5 Trading Success

Arttrader_v1_5: Your Go-To EA for MetaTrader 5 Trading Success

Created by: Scriptor. Code Author: barabashkakvn. Meet Arttrader_v1_5, an expert advisor designed to enhance your trading on MetaTrader 5. This EA leverages the iMA indicator (Moving Average) and analyzes the last six price bars for informed trading decisions. Key Inputs Set your lot size (can be less than one) Define the averaging period Filter out oversized candlesticks Avoid pairs of large candlesticks Utilize a smart stop-loss strategy Configure a backup stop-loss in case of an error Set your take profit level Determine the minimum EMA slope for trade entries Establish the maximum EMA slope for trade entries Set the duration to assess candlestick lows/highs (BEGIN) Set the duration to assess candlestick lows/highs (END) Allowable range between closing price and low/high (BEGIN) Allowable range between closing price and low/high (END) Exit the trade if previous volume falls below this threshold Adjust for a unique imaginary spread Magic number for trade identification Performance Test for EURUSD on H1:

Maximize Your Gains with CloseProfit v2 for MetaTrader 5

Maximize Your Gains with CloseProfit v2 for MetaTrader 5

Author of the idea: Vladimir Khlystov. MQ5 Code Author: barabashkakvn. CloseProfit v2 is a powerful tool designed for MetaTrader 5 that helps you manage your trades efficiently. The key feature of this EA (Expert Advisor) is its ability to close all open positions once your profit hits a specified threshold, referred to as Profit Close, or if your losses reach a certain limit, known as Loss Close. Additionally, it clears any pending orders when these conditions are met. One of the unique features of CloseProfit v2 is the All Symbols parameter. This determines whether the EA operates across all available symbols or just the one you are currently trading: If All Symbols is set to true, the EA will function on all symbols. If All Symbols is set to false, it will only manage the current symbol. Another important setting is the magic number. This is a unique identifier for the EA to track its trades. If you set it to 0, the EA will work with any magic number, giving you flexibility in your trading strategy. When you run CloseProfit v2 in the strategy tester (especially in visual mode), it enters demo mode by opening a BUY position and placing a Buy Limit pending order. This allows you to see how the EA performs in real-time scenarios, helping you refine your trading approach.

Mastering SimplePivot: Your Go-To EA for MetaTrader 5

Mastering SimplePivot: Your Go-To EA for MetaTrader 5

Idea Originator: Scriptor. MQ5 Code Creator: barabashkakvn. Meet SimplePivot, a straightforward Expert Advisor (EA) designed for MetaTrader 5 that makes trading with pivots a breeze. Each time a new bar forms, the system generates a trading signal to open a BUY position. Here’s how it works: The Pivot is calculated using the formula: (High of Bar #1 + Low of Bar #1) / 2; A SELL signal is triggered when the Open of Bar #0 is less than the High of Bar #1 and greater than the Pivot. If the current Pivot aligns with the previous one, the EA does nothing. But if the Pivots differ, it closes the current position and opens a new one. Here’s a look at how it performed on EURUSD, D1:

Mastering Urdala_Trol: Your Go-To EA for MetaTrader 5

Mastering Urdala_Trol: Your Go-To EA for MetaTrader 5

The Brain Behind It: Sergey Rashevskiy. Code Wizard: barabashkakvn. How the Strategy Works When there are no open trades initiated by the EA, it opens two opposing positions with an initial lot size of Lots. A stop loss is set at Stop Loss, while take profit is not utilized. The stop loss will trail the market using the Trailing Stop and Trailing Step parameters. Trailing Explained The first modification of a position's stop loss ensures that it moves to breakeven or even into profit. Subsequent updates to the stop loss boost your guaranteed profit. Afterward, there are two scenarios for stop loss activation: 1. If a position closes at a loss: 1.1. Here, we assume the trend has reversed. Open a new position with a larger lot size (add Number of minimum lots to the remaining position's volume) in the opposite direction. For example, if a losing BUY position has been closed, then a SELL position should be opened with an increased lot size. This results in two positions in the same direction. 1.2. Moving forward, we only trade in the established direction: wait until the price moves away from the least loss-making position by Step points in the direction of the loss, and then open a position with an increased lot size (add Number of minimum lots to the least loss-making position) in the direction of the current positions. 2. If a position closes with a profit (having been modified at least once): 2.1. We consider this a minor pullback rather than a trend reversal. Open a new position with a larger lot size in the direction of the closed profitable position. For example, if a profitable BUY position has been closed, we’ll open another BUY order with an increased lot size. This means we now have two positions in the same direction. 2.2. We aim to apply trailing next. Regardless, one of the stop losses will trigger, leading us back to either scenario 1 or scenario 2. The EA calculates the BUY and SELL positions, the total profit for each, and identifies the least loss-making BUY and SELL positions all in one go through the CalculateAllPositions function. Inputs Lots - initial trade volume Number of minimum lots - the increment by which position volume changes Stop Loss (in pips) Trailing Stop (in pips) Trailing Step (in pips) Step - initial distance between opposing positions Minimum nearest (in pips) - minimum spacing in a series of positions Magic number - unique identifier for the EA

Boost Your Trading with the XIT Three Moving Average Cross System for MetaTrader 5

Boost Your Trading with the XIT Three Moving Average Cross System for MetaTrader 5

Hey traders! Today, I want to share a tool that’s been a game changer for me—the XIT Three Moving Average Cross EA. This system is straightforward yet surprisingly effective when it comes to opening orders. Plus, it incorporates MACD for extra verification before any trades are executed. Updated on 08/30/2018: We've rolled out a significant update! The latest version now features a money management system based on a fixed risk percentage. Additionally, you can set your stop loss and take profit levels using ATR ranges tailored to different time periods. Give it a shot and see how it works for you! I’d love to hear your feedback, especially if you have any suggestions for features that could enhance the EA's performance. Happy trading!

Unlocking Trading Potential: The Exp_BrainTrend2 and AbsolutelyNoLagLWMA EA Guide

Unlocking Trading Potential: The Exp_BrainTrend2 and AbsolutelyNoLagLWMA EA Guide

Hey there, fellow traders! Today, I’m excited to share insights about a powerful duo: the BrainTrend2 and AbsolutelyNoLagLWMA indicators. These two systems are combined into one Expert Advisor (EA), designed to help you maximize your trading efficiency. So how does it work? This EA operates on a clear premise: it opens trades based on signals generated when a bar closes, indicating a trend change. You’ll notice this through the color shifts of either indicator, giving you a heads-up when to jump in. Now, let’s talk about managing trade sizes. The EA comes equipped with adjustable input settings that allow you to fine-tune your money management. Here’s a sneak peek into how you can set it up: input uint    A_BuyLossMMTriger=2;  // Number of losing Buy positions to reduce MM input uint    A_SellLossMMTriger=2;  // Number of losing Sell positions to reduce MM input double  A_SmallMM=0.01       // Share of the deposit in a deal when losing input double  A_MM=0.1             // Share of the deposit in a deal for normal trading With these settings, if you’ve had two consecutive trades in the same direction, this EA will open the next trade with a minimal lot size of 0.01. However, if at least one of those trades is a winner, the position size jumps to 0.1—pretty neat, right? For the AbsolutelyNoLagLWMA system, the inputs are almost identical: input uint    B_BuyLossMMTriger=2;  // Number of losing Buy positions to reduce MM input uint    B_SellLossMMTriger=2;  // Number of losing Sell positions to reduce MM input double  B_SmallMM=0.01       // Share of the deposit in a deal when losing input double  B_MM=0.01       // Share of the deposit in a deal for normal trading To make sure your EA runs smoothly, you’ll need the compiled files for BrainTrend2_V2.ex5 and AbsolutelyNoLagLWMA.ex5 placed in the <terminal_data_directory>\MQL5\Indicators folder. Simple as that! Check out the test results below which utilized the default settings with stop-losses in place: Fig 1. Exemplary trades in the chart Here are the testing results for GBPJPY on the H6 timeframe throughout 2016: Fig. 2. Testing results chart

Mastering Virtual Trailing Stops for MetaTrader 5: A Trader's Guide

Mastering Virtual Trailing Stops for MetaTrader 5: A Trader's Guide

Idea by: Vladimir Khlystov. MQL5 Code by: barabashkakvn. If you’re looking to enhance your trading strategy, the Virtual Trailing Stop is a game-changer for MetaTrader 5 users. This nifty feature allows you to set up stop loss and take profit levels that remain invisible to your broker—meaning your trading plans are kept strictly between you and your PC. But that’s not all; this approach also helps you dodge the pitfalls associated with brokers that have wide spreads and specific stop order levels. With the Virtual Trailing Stop, you can ignore those levels entirely, giving you more control over your trades. Let’s dive into how the trailing works, as it’s essential for maximizing your profits while minimizing potential losses. How Trailing Stops Work The Virtual Trailing Stop relies on three main parameters: Trailing Length Minimum Profit to Activate Tailing Step Here’s a quick breakdown of each: Trailing Length: This defines the distance behind the current price at which your stop loss will follow. Minimum Profit: This is the profit level you need to hit before the virtual stop loss starts kicking in. Tailing Step: This interval dictates how often the virtual stop loss will adjust to follow the price. Let’s say you set your parameters to 5, 2, and 3, respectively. Here’s how it works: Once your position hits a profit of 7 points, your virtual stop loss will move up to your entry price plus the minimum profit of 2 points. Then, as the price climbs another 3 points in your favor, the stop loss will adjust up by 5 points. This process continues, trailing the price by 3 points. If the market takes a dip and hits your stop level, your position will be closed automatically. The trailing stop will be displayed as dashed lines on your chart, making it easy to visualize where your stops are set. For a better understanding of how the EA operates, I recommend installing it in the tester. You can watch it in action in visualization mode, which makes it easier to grasp its mechanics:

Harnessing Dual Trading Systems: SilverTrend and ColorJFatl_Digit for MetaTrader 5

Harnessing Dual Trading Systems: SilverTrend and ColorJFatl_Digit for MetaTrader 5

Hey fellow traders! Today, I want to dive into a powerful Expert Advisor (EA) that combines two independent trading systems: SilverTrend_V2 and ColorJFatl_Digit. This EA is designed to adjust the size of future trades based on the outcomes of previous ones, allowing for smarter trading decisions. The signals for opening trades are generated as a bar closes, especially when there's a trend change indicated by a shift in the color of either of these indicators. Managing Trade Volumes To help manage position sizes, we’ve included adjustable settings in the EA. For instance, when using the SilverTrend indicator: input uint    A_BuyLossMMTriger=2;  // Number of losing Buy positions to reduce MM input uint    A_SellLossMMTriger=2;// Number of losing Sell positions to reduce MM input double  A_SmallMM=0.01      // Share of the deposit in a deal when losing input double  A_MM=0.1            // Share of the deposit in a deal for normal trading With these settings, if the last two trades were in the same direction, the EA will open the next trade in that direction with a lot size as low as 0.01. If at least one of those trades is profitable, the position volume will increase to 0.1. Identical Settings for ColorJFatl_Digit The inputs for the trading system utilizing ColorJFatl_Digit are set up similarly: input uint    B_BuyLossMMTriger=2  // Number of losing Buy positions to reduce MM input uint    B_SellLossMMTriger=2;// Number of losing Sell positions to reduce MM input double  B_SmallMM=0.01      // Share of the deposit in a deal when losing input double  B_MM=0.01      // Share of the deposit in a deal when losing For the EA to function properly, make sure that the compiled files SilverTrend.ex5 and ColorJFatl_Digit.ex5 are located in your <terminal_data_directory>\MQL5\Indicators folder. Testing Insights In the tests shown below, we used the EA's default inputs along with stop-losses. Fig 1. Exemplary trades in the chart Here are the testing results for GBPUSD on H6 for the year 2016: Fig. 2. Testing results chart

Harnessing BykovTrend and ColorX2MA: A Comprehensive Guide for MetaTrader 5

Harnessing BykovTrend and ColorX2MA: A Comprehensive Guide for MetaTrader 5

If you're on the lookout for a powerful trading tool, you might want to check out the BykovTrend and ColorX2MA indicators. This nifty EA (Expert Advisor) combines both systems, giving you the flexibility to adjust your trade sizes based on previous outcomes. The signals to open trades are generated right at the bar's close, signaling a trend change when the colors of either indicator switch up. Let’s dive into how you can manage your trading volumes effectively. The EA comes packed with adjustable input settings. For instance, in the BykovTrend system, you have inputs like: input uint    A_BuyLossMMTriger=2;  // Number of losing Buy positions to adjust MM input uint    A_SellLossMMTriger=2; // Number of losing Sell positions to adjust MM input double  A_SmallMM=0.01       // Deposit share in a deal when losing input double  A_MM=0.1             // Deposit share for normal trading With these settings, if the last two trades were in the same direction, the EA will jump in with a trade size as low as 0.01. If at least one of those trades was a winner, the lot size will bump up to 0.1. Pretty straightforward, right? The input settings for the ColorX2MA system mirror those of BykovTrend: input uint    B_BuyLossMMTriger=2  // B number of losing Buy positions to adjust MM input uint    B_SellLossMMTriger=2; // B number of losing Sell positions to adjust MM input double  B_SmallMM=0.01       // B Deposit share in a deal when losing input double  B_MM=0.01        // B Deposit share for normal trading To ensure everything runs smoothly, make sure the compiled files of both indicators, BykovTrend_V2.ex5 and ColorX2MA.ex5, are located in the <terminal_data_directory>\MQL5\Indicators folder. This is crucial for the EA to function properly. In the tests shown below, I used the EA's default inputs complete with stop-loss settings. Fig 1. Exemplary trades in the chart Looking at the test results for GBPJPY on the H2 timeframe throughout 2016:Fig. 2. Testing results chart

Master Your Trading with Cloud's Trade 2: A Comprehensive Guide for MetaTrader 5 Users

Master Your Trading with Cloud's Trade 2: A Comprehensive Guide for MetaTrader 5 Users

Idea by: Vadim Andreevich MQL5 Code by: barabashkakvn. If you're looking to streamline your trading strategy, Cloud's Trade 2 is a game-changer for MetaTrader 5 users. This tool not only allows you to toggle Stop Loss, Take Profit, and Trailing options but also gives you the flexibility to customize your indicator signals. You can choose to use signals from both Fractals and Stochastic indicators or focus on just one. It's all about tailoring your approach to fit your trading style! Key Inputs Lots: This defines your position volume. Stop Loss (in pips): Set your Stop Loss level to manage risk. Take Profit (in pips): Determine your profit target. Trailing Stop (in pips): Adjust your trailing stop settings. Trailing Step (in pips): Control the step for your trailing stop. Minimum Profit (in money): The minimum monetary gain required to close a position. Minimum Profit (in pips): The minimum pip gain necessary to close a position. Use Fractals: Activate signals from the Fractals indicator. Use Stochastic: Enable signals from the Stochastic indicator. One Day: One Deal: Limit yourself to one trade per day for better control. With these customizable features, you can fine-tune your trading strategy and make more informed decisions. Happy trading!

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