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EA Smile 1 MT5

4.5

The EA tries not to open more than two positions of each type (BUY and SELL). The following rule is used: if there is a position, then the next position of the same type can be opened no earlier than after Trade once in the "timeframe of checked elements" * number of seconds on the History: timeframe of checked elements timeframe.


Input Values

  • Trade once in "timeframe of checked elements" - the minimum time interval, after which the second position can be opened (the parameter value is multiplied by History: timeframe of checked elements);
  • Minimum indent from to the consolidation line to open a position - the minimum distance from the current consolidation line to position opening level;
  • History: range candle (High - Low) - the minimum candlestick size for calculating consolidation;
  • History: data count to copy - the number of requested elements for calculating consolidation;
  • History: number of checked elements for Max and Min - the number of analyzed elements inside History: data count to copy;
  • History: timeframe of checked elements - the timeframe, on which consolidation is calculated;
  • Risk in percent for a deal from a free margin - risk per trade calculated as percent of free margin;
  • Stop Loss - the stop loss value (50 means 0.00050 on 5-digit quotes and 0.0050 on 4-digit quotes);
  • Min profit (percent) - the minimum profit (in percentage), upon reaching which all positions are closed;
  • magic number - unique identifier for the EA.

The Expert Advisor determines price consolidation levels. Consolidations are visually displayed as horizontal lines on a chart, forming a kind of a channel. The two upper lines (green) indicate the corridor for BUY positions, and the two lower lines (red) mark a corridor for SELL positions:

Testing results on EURUSD, H1 with default parameters:

Reviews 3
sindicato
80
sindicato 2024.02.01 20:32 
 

Muy bueno para algunos indices.

Gundolfer
375
Gundolfer 2023.10.27 09:28 
 

👍

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I think you all know Donchian Channels. so I am not going to write about it. With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you wish - then it calculates trend direction for each 9 lower lengths. if you set the length = 20 then the lengths are 19, 18,...11 - and it checks if the trend directions that came from lower lengths i
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Mt5 waddah attar
Luis Enrique Ricales
En esta versión, las alertas están funcionando y en la versión que publicó, la zona muerta de atr era solo una zona muerta sin atr, por lo que también la convirtió en una zona muerta de atr. Indicator input parameters   input int Fast_MA = 20;       // Period of the fast MACD moving average input int Slow_MA = 40;       // Period of the slow MACD moving average input int BBPeriod=20;        // Bollinger period input double BBDeviation=2.0; // Number of Bollinger deviations input int  Sensetiv
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EA Smile 3 MT5
Luis Enrique Ricales
Working with pending orders Buy Stop and Sell Stop. A channel of two indicators iMA (Moving Average, MA). Input parameters Take Profit   - Take Profit; Trailing Stop   - trailing; Trailing Step   - trailing step; Lots   - lot size is set manually (a NECESSARY CONDITION:   Risk   must be equal to zero!); Risk   - lot size is calculated automatically, in risk percents per trade (a NECESSARY CONDITION: "Lots" must be equal to zero!); Difference   - offsets from the channel borders; Expert Every T
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Chandelier closed
Luis Enrique Ricales
Developed by Charles Le Beau and featured in Alexander Elder's books, the Chandelier Exit sets a trailing stop-loss based on the Average True Range (ATR). The indicator is designed to keep traders in a trend and prevent an early exit as long as the trend extends. Typically, the Chandelier Exit will be above prices during a downtrend and below prices during an uptrend. Calculation The original Chandelier Exit formula consists of three parts: a period high or period low, the Average True
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EA Smile 2 MT5
Luis Enrique Ricales
The EA trades on two indicators iMA (Moving Average, MA) and one iRSI (Relative Strength Index, RSI). Decision on trade signals is only made when a new bar appears, while positions are trailed and closed (in case of profit) at every tick. An unconventional solution was applied: The   Slow   indicator averaging period is calculated as the   Fast   averaging period multiplied by two, while the   RSI   averaging period is always equal to the   Fast   averaging period. This reduces the number of par
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Trend Envelopes indicator is calculated based on a % of price change. That % is then used to determine if there is a new trend or trend remains the same. This version is using Standard Deviation for the price change calculation instead and is adding prices smoothing prior to be used in calculations. The smoothing can be done using one of the 4 average types: *   Simple Moving Average *   Exponential Moving Average *   Smoothed Moving Average *   Linear Weighted Moving Average Als
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Volty Channel Stop
Luis Enrique Ricales
Es un indicador que no se repinta y que muestra la tendencia a corto plazo. contiene lo siguiente: Visual Mode MA Period  MA Method MA Price ATR Period Volatility Factor Offset Factor  Use Break Use Envelopes Use Alert cualquier sugerencia hagamelo saber en los comentarios y también colocar estrellas para postear más contenido, indicadores y advisor actualizadas
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SAR based on MA
Luis Enrique Ricales
La idea de este indicador es la siguiente: reemplazar los precios High, Low del indicador SAR por los valores del indicador Moving Average. Al final tendremos la siguiente imagen: Es decir, el indicador SAR cambia su dirección después de tocar el indicador Moving Average. Parámetros de entrada SAR: Step   - parámetro "Step" del indicador SAR; SAR: Maximum   - parámetro "Maximum" del indicador SAR; MA: Period   - parámetro "período de promediación" del indicador MA; MA: Shift   - parámetro "d
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SSL Alerts
Luis Enrique Ricales
================         // Average period                      ma_Sma,                               // Simple moving average          ma_Ema,                               // Exponential moving average          ma_Smma,                              // Smoothed MA          ma_Lwma                               // Linear weighted MA ===============   // Average method       // Turn alerts on?       // Alert on current bar?      // Display messageas on alerts?        // Play sound on alerts?    
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Encrypter 1 EA
Luis Enrique Ricales
The Expert Advisor (EA) mechanics are an automated trading system that uses a grid trading strategy to operate in the foreign exchange market.   The grid strategy involves opening multiple pending orders (limit orders) in both directions (buy and sell) at certain price levels on the chart.   As the market moves, the EA hopes to reach a certain number of pips of profit and then closes the orders. Below I describe the mechanics of the EA in more detail: Lot Size and Money Management Configuration
Encrypter 2 EA
Luis Enrique Ricales
5 (2)
Get ready to take your trading to the next level with Encrypter 2 EA 1.7! Discover the latest features we have added to further improve your trading experience. Improve your results and make smarter trades with our new advanced tools. Featured Features: Powerful Analysis: Use elite technical indicators such as MACD and SAR to analyze the market accurately. Smart Decisions: Evaluate market conditions and make informed decisions based on advanced algorithms. Automatic Operations: Automatically exe
Encrypter 3 EA
Luis Enrique Ricales
Ready to give a boost to your operation in the financial market?   Our EA is the ally you need.   But before going into details, let's remember the golden rules that guide our description: Rules We Respect   : No Promises of Earnings:   First of all, we are realistic.   We do not guarantee instant profits.   Trading is a world of risks and rewards. No Exaggerations:   We do not need to resort to exaggerated superlatives to highlight the advantages of our product.   The facts speak for themselve
Encrypter 4 EA
Luis Enrique Ricales
Its focus is on advanced strategies that identify trading signals based on key indicators. Featured Features: MACD Signal Analysis   :     The EA uses the Moving Average Convergence/Divergence (MACD) indicator to identify trading opportunities.   Logic is included for MACD reversal, crossover and crossover signals. Position Management   :     Offers advanced position management features, including closing all open positions and checking the existence of positions for a specific symbol and magic
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sindicato
80
sindicato 2024.02.01 20:32 
 

Muy bueno para algunos indices.

Evgeny Belyaev
88965
Evgeny Belyaev 2023.11.01 00:18 
 

User didn't leave any comment to the rating

Gundolfer
375
Gundolfer 2023.10.27 09:28 
 

👍

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