Bullish/Bearish Engulfing Pattern strategy – EA MetaTrader 5

Bullish/Bearish Engulfing Pattern strategy - expert for MetaTrader 5
Main Functions: Engulfing Pattern Detection: Identifies bullish or bearish engulfing patterns for trade signals. RSI Confirmation: Confirms signals using the RSI indicator, filtering out weak trades. Dynamic Stop Loss and Take Profit: Automatically adjusts SL and TP based on market volatility using the ATR indicator. Adaptive Trailing Stop: Trailing stop is adjusted based on volatility … Read more

No Loss EA V2 – No Indicator, No Price Action strategy for MetaTrader 4 – EA MetaTrader 4

No Loss EA V2 - No Indicator, No Price Action strategy for MetaTrader 4 - expert for MetaTrader 4
This is the Updated version of NoLoss EA, made even better thanks to the overwhelming support and feedback from our amazing community in the codebase. As most of the indicators available in the market are lagging indicators that provide information after some time. This strategy eliminates the need to rely on indicators, candlestick patterns, chart … Read more

Breakout Strategy with Prop Firm Helper Functions – EA MetaTrader 5

Breakout Strategy with Prop Firm Helper Functions - expert for MetaTrader 5
Hello all, This is an update of the “Simple Yet Effective Breakout Strategy”. In this code, I have added some helper functions for prop firm challenges. Generally, to pass a prop firm challenge, you need to satisfied three main criterias: Target profit Not violating maximum daily loss Not violating maximum loss In this code, I … Read more

Simple Yet Effective Breakout Strategy – EA MetaTrader 5

Simple Yet Effective Breakout Strategy - expert for MetaTrader 5
This breakout strategy is the base for our QAlpha StockTrend product:  You can freely modify/add your own filters to create your own unique version of this strategy. The basic premise of the strategy: Buy/Cover as soon as the price breaks above n bars high Short/sell as soon as the price breaks below n bars low Backtested on … Read more

Simple continuous trend-following strategy for buying and selling based on predefined conditions – EA MetaTrader 4

Simple continuous trend-following strategy for buying and selling based on predefined conditions - expert for MetaTrader 4
This MetaTrader 4 (MT4) script implements a simple continuous trend-following strategy for buying and selling based on predefined conditions. Here’s a breakdown of the script: Initialization: The script initializes and prints a message when initialized successfully. Deinitialization: The script deinitializes and prints a message when deinitialized. OnTick Function: This function executes whenever there’s a new … Read more

Error_Break_Script_V1 – This script is a general example of using error brake in any strategy – Break on Code Error Sample Strategy – script MetaTrader 4

Error_Break_Script_V1  - This script is a general example of using error brake in any strategy - Break on Code Error Sample Strategy - script for MetaTrader 4
This script is a general example of using error brake codes in any strategy. Error_Break_Script_V1 – This script is a general example of using error brake in any strategy – Break on Code Error Sample Strategy – script MetaTrader 4

a very simple ea help you test your strategy – EA MetaTrader 4

a very simple ea help you test your strategy - expert for MetaTrader 4
A really simple ea help you test your strategy with history data create buy position by create a horizontal line above the current close price. create see position by create a horizontal line below the current close. to modify the stop loss and Take profit just create a horizontal line to the price . to … Read more

Stairs strategy – EA MetaTrader 4

Stairs strategy - expert for MetaTrader 4
Description: Breakthrough strategy. The first, two pending orders are placed. They defines a corridor with the range of the specified channel property. It is necessary for the detection of the appromixate price movement direction. After breakthrough the further order management is performed by the “Stairs” strategy. For the filled order we are placing two stop … Read more

BIG DOG Trade strategy – EA MetaTrader 4

BIG DOG Trade strategy - expert for MetaTrader 4
Published by: FXWizard Description: The idea is based on breakthrough strategy. Trade rules : Find the maximal/minimal price values in the period from 14 to 16 hours (terminal time) and set pending orders for buy/sell at the maximal/minimal value. We set orders only if the distance between the maximum and minimum is not more than … Read more

Multi Strategy Ea – EA MetaTrader 4

Multi Strategy Ea - expert for MetaTrader 4
Hello Guys, Maybe You Have seen my Combo Trader, This one is the other version of Combo Trader, which use it with your strategy, **this expert is useful for those who have strategy to trade After many requests i’ve decide to change the code to comfortable it for you 1-Add noise filter by Damiani_volatmeter indicator … Read more