System Trading

Maximize Your Trading with FX-CHAOS_SCALP: A Deep Dive into an EA for MetaTrader 4

Maximize Your Trading with FX-CHAOS_SCALP: A Deep Dive into an EA for MetaTrader 4

Overview of FX-CHAOS_SCALP If you’re a trader looking to amp up your game with automated strategies, the FX-CHAOS_SCALP could be just what you need. This Expert Advisor (EA) is designed for MetaTrader 4, primarily focusing on the GBPUSD currency pair. Let’s break down its features and performance metrics to see how it can fit into your trading toolkit. Key Details Symbol: GBPUSD (Great Britain Pound vs US Dollar) Timeframe: 1 hour (H1) from December 3, 2007, to February 20, 2008 Model: Control Points Inputs: TakeProfit = 13; dLots = 0.01 Performance Metrics Metric Value Initial Deposit £10,000.00 Net Profit £28.88 Total Profit £29.13 Total Loss £-0.25 Profit Factor 116.50 Absolute Drawdown £23.58 Maximum Drawdown £32.67 (0.33%) Relative Drawdown 0.33% (32.67) Total Trades 24 Winning Trades (% of Total) 23 (95.83%) Losing Trades (% of Total) 1 (4.17%) Trade History Snapshot Order Time Type Size Price S/L T/P Profit Balance 1 2007.12.07 04:10 Sell 0.01 2.0253 0.0000 2.0240 2 2007.12.07 06:40 Take Profit 0.01 2.0240 0.0000 2.0240 £1.30 £10,001.30 3 2007.12.14 03:05 Sell 0.01 2.0411 0.0000 2.0398 4 2007.12.14 06:35 Take Profit 0.01 2.0398 0.0000 2.0398 £1.30 £10,002.60 Final Thoughts Overall, the FX-CHAOS_SCALP EA is a solid option for traders looking to automate their trading strategies, especially in the GBPUSD market. With its impressive win rate and profit factor, it’s worth considering for your trading arsenal. If you’re keen on exploring automated trading, this EA might just be the ticket to elevate your trading experience!

Maximize Your Trading with the KDJ Indicator and Automated Trading Systems for MetaTrader 4

Maximize Your Trading with the KDJ Indicator and Automated Trading Systems for MetaTrader 4

Hey there, fellow traders! If you're looking to elevate your trading game, you might want to consider diving into the KDJ indicator and its automated trading systems on MetaTrader 4. Today, I'll break down what the KDJ indicator is, how it works, and why automating your trading strategy can give you that extra edge. What is the KDJ Indicator? The KDJ indicator is a popular tool among traders. It’s essentially an enhanced version of the stochastic oscillator, combining three different lines: K, D, and J. This setup helps traders pinpoint entry and exit points by providing insights into market momentum. How Does the KDJ Work? K Line: This line reflects the current market momentum, showing whether the asset is overbought or oversold. D Line: This is a smoothed version of the K line, providing a signal line for potential trade entries. J Line: The J line takes the K and D lines one step further, helping traders identify strong momentum shifts. When the J line crosses above the K line, it could be a signal to buy, while a cross below may indicate a sell signal. Keep an eye on these lines to catch potential trading opportunities! Why Automate Your KDJ Trading Strategy? Automating your trading with systems designed for the KDJ indicator can save you time and help you avoid emotional trading decisions. Here are a few reasons why you should consider it: Consistency: Automated systems execute trades based on set parameters, which can reduce the impact of emotional decision-making. Speed: In fast-moving markets, automated systems can react quicker than a human trader. Backtesting: You can analyze past performance and adjust your strategy accordingly before going live. By integrating the KDJ indicator into your automated trading setup on MetaTrader 4, you can manage your trades more efficiently and improve your overall trading strategy. Wrapping It Up In conclusion, the KDJ indicator offers a unique perspective on market trends that can be incredibly beneficial for traders. By automating your trading strategy using this powerful tool, you can enhance your trading efficiency and make more informed decisions. So, whether you’re a seasoned trader or just starting, consider giving the KDJ indicator a shot on your MetaTrader 4 platform!

Mastering GTerminal V5: Your Go-To EA for MetaTrader 4

Mastering GTerminal V5: Your Go-To EA for MetaTrader 4

As a trader, managing your Expert Advisor (EA) can feel like second nature once you get the hang of it. With GTerminal V5, you'll find it easier to automate your trading strategies and stay on top of the market. For a comprehensive understanding of graphical orders and how to implement them in the MetaTrader 4 (MT4) environment, be sure to check out the detailed article and join the discussion in our forum thread. Why Use GTerminal V5? Automation: Streamline your trading by automating routine tasks based on your trading plan. Free Up Your Time: No more waiting around for trading events; let the EA handle it! Learning Tools Visual demonstrations of trading principles and strategies. Practice skills in the MT4 Strategy Tester. Conduct strategy testing. Participate in trading contests using the MT4 Strategy Tester. Graphical Orders are essentially lines that trigger trade requests, with execution limited to the line's endpoint. Types of Graphical Orders Order opening lines are categorized as: BUYSTOP BUYLIMIT SELLSTOP SELLLIMIT Order closing lines include: TPBUY SLBUY TPSELL SLSELL For closing all orders of a certain type, we have: TPALLBUY SLALLBUY TPALLSELL SLALLSELL (including manually opened orders). Initialization lines for setting StopLoss and TakeProfit for new orders are as follows: TPINITBUY SLINITBUY TPINITSELL SLINITSELL (applied only when the order is opened). Additionally, the EA managing line is labeled as PAUSE, and will automatically appear on the chart for both demo and live trading. Indicator Windows Opening and closing lines also appear in the indicator windows for: RSI CCI WPR Momentum Force Index DeMarker ATR OBV MFI When an order line is accepted, you’ll see the EA’s confirmation: O.k.. If it’s not accepted, the message will read Not executed. Hover over the line for more details. GTerminal can trade across all markets where MT4 is available. It allows for a two-step order process: first setting tp/sl=0, then modifying (essential for CFD trading). Multiple GTerminal EAs can operate in different windows without interfering with each other. To keep track of them, use a unique magic number. Traders can also manage orders opened by the EA manually—modifying, closing, applying scripts, enabling Trailing Stop, and more. Limitations The EA opens only one order per direction. The lot size is defined in the EA settings, and the deposit state is not monitored. The indicator period must match the one specified in the EA (a feature of MQL4). All lines are of the Trend Line type. The relative positioning of lines is not validated or commented upon. Recommendations If a graphical order fails to execute or opens but closes immediately, double-check the positioning of your lines. The trades executed by the EA are logged and can be viewed in the tabs labeled "Expert Advisors" and "Journal." You can also use the "load/save" option in "Properties/Inputs" for ease of use. Be sure to check the comments inside the attached file for further insights. Feel free to reach out to the author by commenting on this post or via email. P.S. I kept the debugging print (just one!). Please download it again, it's 35.2 KB, or feel free to delete it yourself by going to Edit > Find the print that’s not banned, and add two ones before it //.

FX-CHAOS: Your Go-To Trading System for MetaTrader 4

FX-CHAOS: Your Go-To Trading System for MetaTrader 4

Hey there, fellow traders! Today, we’re diving into the FX-CHAOS trading system designed specifically for MetaTrader 4. If you’re looking to enhance your trading game, you might want to check this out! System Overview This system trades the EURJPY currency pair. Let’s break down the details: Currency Pair EURJPY (Euro vs Japanese Yen) Timeframe 4 Hours (H4) - From 2006.12.05 to 2007.03.07 Model Used Control Points (Note: This is a basic method, so take results with a grain of salt!) Bars in History 1380 Ticks Modeled 5265 Model Quality n/a Chart Mismatch Errors 10 Initial Deposit £10,000.00 Net Profit £4,740.25 Total Profit £5,014.92 Total Loss -£274.67 Profit Factor 18.26 Expected Payoff £364.63 Absolute Drawdown £1,071.62 Maximum Drawdown £3,220.28 (26.51%) Relative Drawdown 26.51% (£3,220.28) Total Trades 13 Short Positions (% Won) 13 (76.92%) Long Positions (% Won) 0 (0.00%) Profitable Trades (% of Total) 10 (76.92%) Losing Trades (% of Total) 3 (23.08%) Largest Profitable Trade £1,403.65 Losing Trade -£151.13 Average Profitable Trade £501.49 Average Losing Trade -£91.56 Max Successive Wins (Profit) 8 (£4,449.25) Max Successive Losses (Loss) 2 (-£196.69) Maximal Successive Profit (Wins) £4,449.25 (8 Wins) Successive Loss (Losses) -£196.69 (2 Losses) Average Successive Win 5 Average Successive Loss 2 Trade Activity Here’s a glimpse of the trading activity: Order Time Type Order Volume Price S/L T/P Profit Balance 1 2006.12.05 08:20 Sell 1 0.40 153.35 0.00 0.00 2 2006.12.06 02:40 Sell 2 2.00 152.90 0.00 0.00 3 2006.12.06 06:20 Sell 3 1.60 152.68 0.00 0.00 4 2006.12.06 06:40 Sell 4 1.20 152.76 0.00 0.00 5 2006.12.06 07:20 Sell 5 0.80 152.79 0.00 0.00 6 2006.12.06 10:00 Modify 1 0.40 153.35 152.73 0.00 7 2006.12.06 10:00 Modify 2 2.00 152.90 152.73 0.00 8 2006.12.06 10:00 Modify 3 1.60 152.68 152.73 0.00 9 2006.12.06 10:00 Modify 4 1.20 152.76 152.73 0.00 10 2006.12.06 10:00 Modify 5 0.80 152.79 152.73 0.00 11 2006.12.06 12:20 s/l 1 0.40 152.73 152.73 0.00 £234.25 £10,234.25 12 2006.12.06 12:20 s/l 2 2.00 152.73 152.73 0.00 £331.41 £10,565.66 13 2006.12.06 12:20 s/l 3 1.60 152.73 152.73 0.00 -£77.98 £10,487.68 14 2006.12.06 12:20 s/l 4 1.20 152.73 152.73 0.00 £35.09 £10,522.77 15 2006.12.06 12:20 s/l 5 0.80 152.73 152.73 0.00 £46.79 £10,569.56 16 2006.12.14 16:20 Sell 6 0.40 154.87 0.00 0.00 17 2006.12.15 03:20 Sell 7 2.00 154.80 0.00 0.00 18 2006.12.15 16:40 Modify 6 0.40 154.87 154.56 0.00 19 2006.12.15 16:40 Modify 7 2.00 154.80 154.56 0.00 20 2006.12.15 17:40 Modify 6 0.40 154.87 154.40 0.00 21 2006.12.15 17:40 Modify 7 2.00 154.80 154.40 0.00 22 2006.12.15 18:20 Modify 6 0.40 154.87 154.08 0.00 23 2006.12.15 18:20 Modify 7 2.00 154.80 154.08 0.00 24 2006.12.15 19:59 s/l 6 0.40 154.08 154.08 0.00 £300.53 £10,870.09 25 2006.12.15 19:59 s/l 7 2.00 154.08 154.08 0.00 £1,403.65 £12,273.74 26 2006.12.21 08:20 Sell 8 0.40 155.59 0.00 0.00 27 2007.01.08 01:40 Sell 9 2.00 154.09 0.00 0.00 28 2007.01.08 11:20 Modify 8 0.40 155.59 153.96 0.00 29 2007.01.08 11:20 Modify 9 2.00 154.09 153.96 0.00 30 2007.01.08 11:59 s/l 8 0.40 153.96 153.96 0.00 £515.73 £12,789.48 31 2007.01.08 11:59 s/l 9 2.00 153.96 153.96 0.00 £253.44 £13,042.92 32 2007.01.10 00:20 Sell 10 0.40 154.61 0.00 0.00 33 2007.03.05 21:40 Sell 11 2.00 151.54 0.00 0.00 34 2007.03.05 22:20 Sell 12 1.60 151.04 0.00 0.00 35 2007.03.05 22:40 Sell 13 1.20 150.94 0.00 0.00 36 2007.03.05 23:00 Modify 10 0.40 154.61 151.05 0.00 37 2007.03.05 23:00 Modify 11 2.00 151.54 151.05 0.00 38 2007.03.05 23:00 Modify 12 1.60 151.04 151.05 0.00 39 2007.03.05 23:00 Modify 13 1.20 150.94 151.05 0.00 40 2007.03.06 00:20 s/l 10 0.40 151.05 151.05 0.00 £976.21 £14,019.13 41 2007.03.06 00:20 s/l 11 2.00 151.05 151.05 0.00 £917.81 £14,936.94 42 2007.03.06 00:20 s/l 12 1.60 151.05 151.05 0.00 -£45.55 £14,891.38 43 2007.03.06 00:20 s/l 13 1.20 151.05 151.05 0.00 -£151.13 £14,740.25 Final Thoughts So there you have it! The FX-CHAOS trading system has shown some promising results with a high profit factor and a solid win rate on short positions. If you’re using MetaTrader 4, it might just be the trading strategy you’ve been looking for. Happy trading and may your pips be plentiful!

Mastering the Moving Average Trading System on MetaTrader 4

Mastering the Moving Average Trading System on MetaTrader 4

The Moving Average Trading System is a robust strategy that leverages the power of Simple Moving Averages (SMAs) with periods of 5, 20, 40, and 60. If you're looking to streamline your trading approach, this system could be just what you need. For a deep dive into the system's mechanics, check out the detailed explanation here. Additionally, you can refer to our comprehensive article on system testing in our magazine's April 7th, 2008 issue. Feel free to join the conversation and share your insights on our forum. Trading Strategy Algorithm: Set up four SMAs (Simple Moving Averages) with periods of 5, 20, 40, and 60. Use the M30 chart for the EUR/USD pair, trading with a lot size of 0.1. Implement a Stop Loss of 60 pips on the EUR/USD pair. Buying Conditions: Enter a buy when the SMA 40 crosses above the SMA 60. Close the position when the SMAs cross in the opposite direction. Selling Conditions: Enter a sell when the SMA 40 crosses below the SMA 60. Close the position when the SMAs cross back in the opposite direction. Here's a quick look at the testing results on the EUR/USD M30 chart with standard settings (Stop Loss: 60 pips, no Trailing Stop or Take Profit): After tweaking the strategy by adding Trailing Stop and Take Profit features to the EA, we conducted further optimization: Here are the testing results on the EUR/USD M30 chart post-optimization (for the same period): You can also check out a forward test beyond the optimization period in our magazine's April 7th, 2008 issue.

Mastering the BHS Trading System for MetaTrader 4

Mastering the BHS Trading System for MetaTrader 4

Welcome, fellow traders! Today, we’re diving into the intriguing world of the BHS trading system, tailored specifically for MetaTrader 4. This strategy hinges on a fascinating observation: round numbers ending in '00' tend to attract traders' attention. For instance, if the EUR/USD pair is hovering around 1.2470 and starts to climb, you'll find most stop orders clustering just a point or two below the 1.2500 mark, rather than scattered around 1.2517. This behavior creates a unique opportunity for us to capitalize on. So, let’s explore how we can leverage this! If you want to check out the original description of the BHS strategy, you can find it here. For a detailed look into system testing and reports, don’t miss our magazine issue from 12.05.2008. Feel free to share your thoughts and suggestions over on our forum! Trading Strategy Algorithm Step 1: Open the one-hour chart for EUR/USD and set your lot size to 0.1. Step 2: Add a Moving Average with a period of 200. Buying Alert: Place two buy orders when the price is above the Moving Average and crosses below the 'round' price level by 15 pips. Selling Alert: Place two sell orders when the price is below the Moving Average and crosses above the 'round' price level by 15 pips. Closing Trades We’ll exit our trades using a Stop Loss. Simple as that! After testing this strategy from January 11, 2007, to January 11, 2008, we gathered some interesting results (based on the open price only): Furthermore, after optimizing the inputs during the same period, we saw the following results from our EA: For a forward test that goes beyond the optimization area, make sure to check out the article on system testing and relevant reports in our magazine issue from 12.05.2008.

Unlocking the 1-2-3 Trading Strategy for MetaTrader 4

Unlocking the 1-2-3 Trading Strategy for MetaTrader 4

Understanding the 1-2-3 Method for Trading Success Hey fellow traders! Today, I want to share an exciting method that's been making waves in the trading community—the 1-2-3 strategy. You can check out the original details here. While there are many ways to implement this method, I’ll walk you through one version that I've found particularly effective. Getting Started with Your Setup To kick things off, I recommend starting on a one-hour chart for EURJPY. In my testing, this setup has shown a pretty solid profit-to-drawdown ratio. Over two years (from May 7, 2006, to May 7, 2008), the results were impressive: a profit of 1914.56 with a maximum drawdown of 384.06, giving us a ratio of about 4.99. For one year (from May 7, 2007, to May 7, 2008), the numbers were still decent with a profit of 769.69 and a drawdown of 301.81, resulting in a ratio of 2.55. One thing to note is that this EA (Expert Advisor) doesn’t trade too frequently. In fact, between May 7, 2007, and May 7, 2008, it only executed 6 trades! If you have any tips on how to enhance this EA or if you've had experiences with it on different currency pairs, I'd love to hear from you! Technical Details of the EA The EA file you’ll be working with is named 1-2-3_forCodeBase_v01.mq4. One parameter that might raise an eyebrow is the TrendRatio. This setting dictates how much longer the previous trend needs to be compared to the new trend that’s forming. Additionally, I’m using two indicators in this EA: RelDownTrLen_forCodeBase_v01.mq4 and RelUpTrLen_forCodeBase_v01.mq4. Don’t worry; these indicators are included with the EA. Let’s Connect! I’m eager to hear your thoughts and experiences! If you’ve tried this strategy or have suggestions for improvements, drop a comment below. Happy trading!

Maximize Your Trading with MTS 'MoneyRain' EA for MetaTrader 4

Maximize Your Trading with MTS 'MoneyRain' EA for MetaTrader 4

What is the MTS 'MoneyRain' EA? If you're looking to boost your trading game, the MTS 'MoneyRain' EA is designed to help you increase your lot size after each profitable trade, especially following a few losing streaks. Think of it as your go-to assistant in navigating the ups and downs of the market. How Does It Work? This EA operates on a principle similar to the martingale strategy. It’s all about the hope that after a series of losses, you’ll eventually ride the wave back to profitability. By adjusting your lot sizes, it aims to recover previous losses and capitalize on subsequent wins. Key Inputs for Customization Here’s a quick rundown of the essential parameters you can tweak: p: This is the period for the DeMark oscillator, optimized between 3 and 100, with a step of 1. tp: Take Profit (TP) size in pips, optimized between 10 and 100, with a step of 1. sl: Stop Loss (SL) size in pips, also optimized between 10 and 100, with a step of 1. lots: This refers to the volume of the first order and all subsequent orders opened after a profitable trade. Note that this input isn't optimized. mn: Your magic number, another input that isn’t optimized. losseslimit: This is your limit for successive losing trades. If you hit this limit, the EA will stop making new trades and send you an email alert. fastoptimize: This parameter, when set to 'true', enables fast optimization of the embedded trading system without money management. Keep in mind that results from the Optimizer and Tester can vary during fast optimization. Trading Mechanism The MTS 'MoneyRain' EA only operates on newly formed bars and open prices. This means you won’t need to optimize it for every tick, simplifying your trading experience. In conclusion, if you're ready to navigate the trading waters with a reliable EA, consider integrating the MTS 'MoneyRain' into your trading strategy. With its unique approach to managing lot sizes and losses, it could be just what you need to enhance your trading journey!

Mastering Short-Term Trends with MetaTrader 4: A Guide for Traders

Mastering Short-Term Trends with MetaTrader 4: A Guide for Traders

Symbol: EUR/USD Timeframes: M15, H1 Indicators Used: Moving Average (200), Stochastic For a deeper dive into this trading system, you can check out the details here. We also have a comprehensive article on system testing available in our magazine from March 31, 2008. Feel free to join the discussion and share your thoughts on our forum. System Rules: This strategy employs two charts with different timeframes (M15 and H1) alongside two key indicators: the Moving Average (period 200) and the slow Stochastic (period 14). Start by comparing the moving averages on both the M15 and H1 charts. A trend is confirmed if the price remains consistently above or below the moving average on both timeframes. Once a trend is identified, look at the M15 chart and ensure it meets these two conditions simultaneously: a) The price should be no more than 20 pips higher (for buying) or lower (for selling) than the moving average. b) The fast Stochastic line must cross the slow Stochastic line below the 20 level (for buying) or cross it from top to bottom below the 80 level (for selling). After entering a trade, set your Stop Loss. For long positions, position it 10 pips below the MA200 on the M15 chart. For short positions, place it 10 pips above the MA. If the price moves in your favor, adjust the stop level accordingly to secure your profits. To simplify, we recommend using a trailing stop with a step of 25 pips for each new peak or trough as shown in the examples below. (When testing the EA, we used the Bid/Ask price as the Stop Loss, not the MA200 line). Images: Testing the EA on EUR/USD M15 chart with standard inputs: Testing the EA on EUR/USD M15 chart with optimized parameters:

Mastering Forex Trading with the Forex Profit System for MetaTrader 4

Mastering Forex Trading with the Forex Profit System for MetaTrader 4

Are you ready to take your trading game to the next level? The Forex Profit System is designed specifically for MetaTrader 4 users and can help you navigate the forex market more effectively. For a deep dive into the system, check out the detailed description here. Additionally, if you're interested in system testing and performance reports, make sure to check out our magazine's issue from May 5, 2008, which you can find right here. If you want to join the conversation or share your insights, feel free to hop onto our forum here. Trading Strategy Algorithm Open a one-hour chart for EURUSD with a lot size of 0.1. Add the indicators: one Parabolic SAR and three Exponential Moving Averages (EMAs) with periods of 10, 25, and 50. Buying Signal: When the EMA with a period of 10 crosses above the 25 and 50 EMAs, and the Parabolic SAR is below the price. Selling Signal: When the EMA with a period of 10 crosses below the 25 and 50 EMAs, and the Parabolic SAR is above the price. Exiting Trades Use Stop Loss to limit potential losses. Set Take Profit levels to secure your gains. Close positions when the EMA10 line reverses: for buy positions, close when the EMA10 peaks; for sell positions, close when it troughs, ensuring you have at least a minimum profit. It's important to note that the Stop Loss and Take Profit values will differ for buying and selling trades. We've conducted a back test of these rules from January 11, 2007, to January 11, 2008, with the following results: We also optimized the parameters during the same period, yielding these results: For further insights, including a forward test outside the optimization area and discussions on system performance, don’t forget to check that magazine issue from May 5, 2008 here.

Mastering the OzFx System for MetaTrader 4: Unlock 100-800+ Pips

Mastering the OzFx System for MetaTrader 4: Unlock 100-800+ Pips

Author: OzFx Are you ready to boost your trading game? The OzFx system is designed to help you snag an impressive profit of 100-800+ pips. Let’s dive into the details! System Overview Security: EUR/JPY Timeframe: Daily Indicators Used: Bill Williams’ Accelerator Oscillator (AC) and Stochastic Oscillator Trading Lot: 0.1 System Rules Attach the following indicators to your EUR/JPY chart: - Bill Williams’ Accelerator Oscillator (AC) - Stochastic Oscillator with parameters K=5, D=3, L=3 A buying alert triggers when the AC (green bar) crosses above the zero mark while the fast line of the Stochastic Oscillator is above 50. A selling alert triggers when the AC (red bar) crosses below the zero mark while the fast line of the Stochastic Oscillator is below 50. When you open a trade, five orders of the same volume will be initiated simultaneously. Set your Stop Loss at 100 points for all orders. Take Profit levels are set as follows: - +50 points for the first order - +100 points for the second order - +150 points for the third order - +200 points for the fourth order - The fifth order is closed only when an opposite alert arises. If the first order closes profitably, adjust the Stop Loss for all other orders to the non-losing area. For more information about the system, check this link: OzFx Strategy Details A comprehensive report on testing this system is available in our magazine’s issue from 03.03.2008: Testing Report Results Achieved with Standard Settings StopLoss: 100 TakeProfit: 50, 100, 150, 200 Stochastic: 5 Results with Alternate Parameters StopLoss: 220 TakeProfit: 80, 160, 240, 320 Stochastic: 46 Happy trading! May the pips be ever in your favor!

Unlocking Volatility: A Guide to the VLT Trader System for MetaTrader 4

Unlocking Volatility: A Guide to the VLT Trader System for MetaTrader 4

Author: FORTRADER.RU The VLT Trader system is all about capitalizing on volatility compression. This innovative trading approach generates signals when the market presents the smallest candlestick within a set number of bars. How to Identify Entry Signals Once the next candlestick forms, we analyze the last 8 bars starting from the second-to-last one to identify the minimum value. If the first bar's size is smaller than the minimum, we take action by placing: A Buy order at the maximum candlestick value plus 1 point. A Sell order at the minimum candlestick value minus 1 point. Backtesting Results: The VLT Trader system was optimized from June 1, 2007, to January 1, 2008, and has been tested from that date to the present. The optimal parameters found during testing are a stop loss of 65 and a take profit of 70. For a more in-depth report and a comprehensive description of the trading strategy, check out our magazine here: http://fortrader.ru/downloads/redirect.php?dlid=15 Your feedback on improving the system is always welcome at: letters@fortrader.ru

Universum 3.0: Your Go-To EA for MetaTrader 4

Universum 3.0: Your Go-To EA for MetaTrader 4

Inputs of the EA: p: Period for the DeMark oscillator, optimized between 3 and 100 (step 1). tp: Take Profit value measured in pips, optimized from 10 to 100 (step 1). sl: Stop Loss value in pips, also optimized from 10 to 100 (step 1). lots: Volume for the first order and subsequent orders after a winning trade. This parameter remains unoptimized. mn: Magic number, which is not optimized. losseslimit: This sets the cap on consecutive losing trades. If it’s hit, the EA halts trading and sends you an email alert. fastoptimize: Enables fast optimization without capital management. Note that results from fast optimization can differ from standard tests. The EA operates only on newly formed bars and open prices, so there's no need for tick-by-tick optimization. For a more detailed explanation of how this advisor works, check out this link: http://bigforex.biz/load/2-1-0-170

Fibo Pivot MultiVal EA: Your New Trading Companion for MetaTrader 4

Fibo Pivot MultiVal EA: Your New Trading Companion for MetaTrader 4

Meet the Author: Dael Forum Discussion: Join the conversation here! Code Developer: olyakish With the technical requirements laid out on the forum and the original author commissioning the code, I feel there’s no issue sharing my version of this Expert Advisor (EA). Overview of the EA: This EA operates on multiple currency pairs during the quieter Asian session, capitalizing on Fibo Pivot levels for small, consistent profits without risking losses. Once it accumulates a specific number of pips across all pairs, it automatically closes out trades for the day. Think of this EA as a versatile tool—it's designed to handle as many currency pairs as you want. In my setup, I’ve included ten pairs. Tips for Optimal Use: Deploy the EA on days when a range-bound market is anticipated. Attach it to the currency pair with the highest tick volume during the Asian session. Choose pairs that come with tighter spreads for better execution. Key Variables: extern int CountSymbol=10; Total number of currencies to trade extern string AllVal="EURUSD,GBPUSD,USDCHF,USDJPY,USDCAD,AUDUSD,AUDJPY,CADJPY,EURJPY,EURCHF"; Designated currency pairs extern string All_Level_P_F1="33,33,33,33,33,33,33,33,33,33"; Line percentage based on the indicator (as noted in the forum) extern string All_Level_F1_F2="50,50,50,50,50,50,50,50,50,50"; Line percentage as per the indicator extern string All_Level_F2_F3="33,33,33,33,33,33,33,33,33,33"; Line percentage according to the indicator extern string All_Level_F3_out="40,40,40,40,40,40,40,40,40,40"; Again, line percentage based on the indicator extern string rem01="Number of profitable trades before pausing on this currency pair";extern string All_ExpertTrades="15,15,15,15,15,15,15,15,15,15"; Trade limit for each pair; trading stops on that pair for the day after reaching this extern string rem02="Minimum profit in !points!";extern string All_ExpertProfit1="150,150,150,150,150,150,150,150,150,150"; Profit threshold for each pair to stop trading for the day extern int AllValProfit=50; Total target profit to cease trading for the day extern int AllValProfitTrades=35; Total wins for the current trading day extern string rem03="If b then buy, allow - sell";extern string rem04="If s then sell, allow - buy";extern string rem05="If bs then buy/sell allowed";extern string All_F2_F3_Order="bs,bs,bs,bs,bs,bs,bs,bs,bs,bs"; Based on technical requirements extern int MagicStart=1000; Initial Magic Number extern int GlobalPeriod=15; Global period for all pairs (make sure to have this period open in the client terminal) extern string HourMinStart="00:07"; Start time for the EA (terminal time) extern string HourMinFinish="08:00"; End time for placing pending orders extern string HourMinCloseAll="22:00"; Time to forcibly close all trades (even losing ones) extern bool DrawLine=true; Note: This variable is currently not used in the EA code due to line drawing issues with reference indicators in other windows. P.S. The commercial version of this EA (not my code) seems to be quite bloated compared to this one, focusing solely on trading one currency pair.

Unlocking the Power of Hercules A.T.C. 2006 EA for MetaTrader 4

Unlocking the Power of Hercules A.T.C. 2006 EA for MetaTrader 4

Hey there, fellow traders! Today, I want to dive into a trading tool that has been making waves in the MetaTrader 4 community: the Hercules A.T.C. 2006 EA. This Expert Advisor (or EA, as we like to call it) is designed for those who appreciate simplicity and effectiveness in their trading strategies. What Makes Hercules A.T.C. 2006 EA Stand Out? This EA operates on breakout strategies based on significant moving averages, capitalizing on rapid price deviations. It's optimized for the H1 time frame and works wonders on major pairs like EUR/USD and USD/CHF. If you're looking to trade other currency pairs, just switch the base moving average to suit your needs, and don't forget to tweak the take profit (TP), stop loss (SL), and trailing stop settings accordingly. Key Features of the Hercules A.T.C. 2006 EA Easy Customization: Adjust lot sizes, TP, SL, and trailing stops to fit your trading style. Proven Track Record: This EA held the top spot in the 2006 A.T.C. competition before facing some tough breaks, but it's now equipped with filters to minimize those pesky losing streaks. Favorable Risk:Reward Ratio: Expect winning trades to be significantly larger than your losing ones, giving you a solid edge in the market. As the first EA I ever designed—feels like ages ago!—it was initially coded by David Lin and later enhanced by Ahmed. This tool truly represents my journey as a trader, and I hope it can help you too. I’m sharing this with you all to give back to the trading community that has provided me with so many valuable insights and indicators over the years. So, let’s make the most of it! Happy Trading! Cheers, Vince Wells

Unlock Trading Success with TREND_alexcud v_2 for MetaTrader 4

Unlock Trading Success with TREND_alexcud v_2 for MetaTrader 4

Are you on the lookout for an effective trading tool? Let me introduce you to the TREND_alexcud v_2, a robust EA designed specifically for MetaTrader 4. Now, I’ll be honest with you—it does get the job done, but it might not hit the mark for everyone the way we’d hope. Here's a quick rundown of what you can expect: Functionality: This EA utilizes a unique indicator to help identify trends. Performance: While it works, its effectiveness can vary based on market conditions. User Experience: Some traders find it intuitive, while others may need time to adjust. In the world of trading, finding the right tools can make all the difference. If you’re considering integrating TREND_alexcud v_2 into your strategy, be sure to test it thoroughly before committing. Happy trading!

Maximize Your Trading with up3x1 Premium V2M for MetaTrader 4

Maximize Your Trading with up3x1 Premium V2M for MetaTrader 4

Author: Izhutov Pavel izhutov@yandex.ru www.forexnow.narod.ru The up3x1 Premium V2M Expert Advisor (EA) is built on solid technical analysis principles and is designed to navigate traditional market movements. However, it’s essential to pause the EA during major fundamental events or significant speculative activity from key market players, as these can lead to unpredictable outcomes.The EA is primarily optimized for trading EUR/USD on H1 charts. While you can experiment with other currency pairs, we haven’t yet analyzed their performance, so keep that in mind before diving in.

Master Your Trading with MA.S.R. – A Proven MetaTrader 4 Strategy

Master Your Trading with MA.S.R. – A Proven MetaTrader 4 Strategy

Welcome back, fellow traders! Today, we're diving into the MA.S.R. trading strategy, specifically designed for MetaTrader 4. This method leverages the Moving Average (MA) indicator to help you make informed trading decisions. If you’re curious about the system testing details, check out our magazine issue from April 28, 2008. Feel free to join the conversation and share your thoughts on our forum here: Forum Discussion. Description: Let’s break down the trading strategy algorithm: Start by opening a 4-hour chart for EUR/USD, using a lot size of 0.1. Next, draw a 5-period Moving Average. Buy Signal: A trough forms on the MA indicator. Sell Signal: A peak forms on the MA indicator. To manage your trades effectively, we’ll use a Stop Loss. Here’s how to set it up: Identify the MA inflection point (trough for Buy, peak for Sell). For a Buy, determine the minimum price over the last 10 bars in history. For a Sell, identify the maximum price over the last 10 bars in history. Place your Stop Loss accordingly and adjust it with each new trough or peak formation to optimize your risk management. Results: After testing the aforementioned rules from January 11, 2007 to January 11, 2008, here are the results based on open prices: Following optimization during the same period, we achieved the following EA performance: The profit factor stood at an impressive 3.70, with an expected payoff of 76.74! For a deeper dive, you can also access the forward test results for EUR/USD and EA tests for GBP/JPY in our magazine from April 28, 2008. Download the latest issue here: Download Latest Issue.

T3MA: Your Go-To Indicator for MetaTrader 4 Trading

T3MA: Your Go-To Indicator for MetaTrader 4 Trading

Hey there, fellow traders! I’m eager to hear your thoughts on this one. Let’s dive into the T3MA-ALARM indicator. The idea is pretty straightforward: as soon as the arrow pops up, our trusty EA jumps into action and executes a trade—whether it’s a buy or sell. Plus, you have the flexibility to tweak it so that it can handle one trade or multiple trades at the same time. What do you think? I’d love to hear how you’re using it or any tips you might have!

Maximize Your Trades with This 1H EUR/USD System for MetaTrader 4

Maximize Your Trades with This 1H EUR/USD System for MetaTrader 4

Hey fellow traders! If you’re on the lookout for a reliable tool to help you nail those entry points in a solid trend, you’ve come to the right place. I’d like to introduce you to a trading system that’s been crafted specifically for the 1-hour EUR/USD chart. But don’t worry, the principles behind it can also be applied effectively to other currency pairs.One of the features I’m really pleased about with this system is its manageable drawdown. It’s always a relief to know that you can navigate the market fluctuations without too much stress!So, whether you're a seasoned trader or just starting out, give this system a shot and see how it can enhance your trading game!

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