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Top Expert Advisors for MetaTrader 5 based on user ratings - 13
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Opens a SELL position on each bar, if Close of the 1st bar > Close of the 3rd bar. Opens a BUY position on each bar, if Close of the 3rd bar > Close of the 1st bar.
The Exp_ColorJFatl_Digit_Tm Expert Advisor is based on the ColorJFatl_Digit indicator signals and provides the possibility to set a strict trading time interval.
An assistant EA for manual trading. Sets Stop loss, Take profit, moves positions to breakeven and applies trailing.
The Exp_CandlesticksBW_Tm Expert Advisor is based on the color change of the CandlesticksBW candlesticks and allows strictly define the trading time interval.
An Expert Adviswor based on two indicators: iCCI (Commodity Channel Index, CCI) and iAO (Awesome Oscillator, AO)
On contrast with Trailing Stop which a stop loss trails price until the price hits the stop loss and the position gets closed in profit, introducing Trailing Take Profit which take profit trails price when a position is in loss and ultimately the position gets closed with loss.
Trade signals based on three moving averages is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
Trade signals based on price crossover of two exponentially smoothed moving averages with intraday filter is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
The trading system based on change of the trend direction displayed by the EF_distance indicator and force of the trend determined by the Flat-Trend indicator.
This Expert can run on all Symbols and Time Frames and uses the crossover of two Linear Moving Averages as Signal and an Exponential Moving Average as Trailing Stop.
Signals based on four iMA (MA) indicators, by PRICE_OPEN, PRICE_HIGH, PRICE_LOW, PRICE_CLOSE prices. Trades only on hedge accounts.
The Expert Advisor identifies trend based on three moving averages (with periods of 200, 50, 25 or other custom periods), and opens trades using the Parabolic SAR indicator. The EA uses martingale techniques, lot is calculated as percent of deposit depending on stop loss.
Shows an appropriate value for the last three bars on each timeframe: "1" if the bar is bullish, and "0" if the bar is bearish.
The Expert Advisor searches for N identical candlesticks in a row. It buys on bullish candlesticks and sells on bearish ones. The account type is taken into account, i.e. whether it is netting or hedging.
The Expert Advisor places pending Buy Stop and Sell Stop orders. If orders execute, the trailing stop is run for the positions.
Trading based on indicator iStochastic (Stochastic Oscillator, Stochastic). Stop Loss, Take Profit, and Trailing of a position can be enabled/disabled.
At the specified hour, the Expert Advisor analyzes OHLC of the previous bar and sets pending orders
Two identical trading systems (for long and short deals) based on the AdaptiveRenko indicator signals that can be configured in different ways within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system
Moving averages are useless. In fact, some argue that the best way to lose money for a beginner are MA-Price crossover strategies. But is it possible to make it work?
The eInTradePanel is a panel for manual trading, it has some useful functions. It needs the minimum space on the chart.
Trade signals based on "Bullish Harami/Bearish Harami" candlestick pattern, confirmed by Market Facilitation Index (MFI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
Trade signals based on "Morning Star/Evening Star" candlestick patterns, confirmed by Commodity Channel Index (CCI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
The Exp_SilverTrend_Signal_ReOpen trading system based on the signals of the SilverTrend_Signal indicator with scaling by the trend.
ExpHAWaves is a MetaTrader 5 Expert Advisor based on the Heiken Ashi and StepUpDown indicators.
This utility tracks positions opened manually or by another EA for the current symbol and opens an opposite position. Opening the positions is tracked in OnTradeTransaction.
The Exp_XROC2_VG_X2 trend-following trading system is based on the signals of two XROC2_VG indicators.