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Dynamic Trader EA MT5

69 USD

Demo downloaded: 17

Published: 23 January 2024

Current version: 1.10

Dynamic Trader EA MT5

Experts
Jamal El Alama
Version: 1.10
Updated: 1 February 2024
Activations: 10

Elevate your trading experience with Dynamic Trader EA MT5, a cutting-edge trading robot designed to optimize your investment strategy. This advanced algorithm harnesses the power of four key indicators: RSI ( Relative Strength Index ), Stochastic Oscillator, MACD ( Moving Average Convergence Divergence ) and ATR ( Average True Range ) to make informed and precise trading decisions. ATR is used to dynamically set stop-loss and take-profit levels based on market volatility.

IMPORTANT! Read carefully the informations and instructions below to take full advantage of the EA, then if you have any questions, or you wish to receive good working setfiles after the purchase, please feel free to send me a private message.

Recommendations

Currency pair: XAUUSD

Timeframe: M5

Minimum deposit : $1000

Account type: Any

Specifications

Trade : EURUSD, GPBUSD, NZDCAD, NZDUSD, XAUUSD, XAUEUR, XAUAUD

It can work in normal mode ( default mode, ProfitFactor=1 ) and in Martingale mode ( ProfitFactor=2,3,...).

Very easy to install.

Use a VPS for the EA to work 24/7 (Highly Recommended)

Setting

The EA works fine with indicators default parameters.

Buy orders ( Long trades ) :

Stop Loss is set to Bid price-ATR*ATRMultiplier_For_StopLoss

Take Profit is set to Bid price+ATR*ATRMultiplier_For_TakeProfit

Sell orders ( Short trades ) :

Stop Loss is set to Ask price+ATR*ATRMultiplier_For_StopLoss

Take Profit is set to Ask price-ATR*ATRMultiplier_For_TakeProfit

Clarifications following the upgrade :

Version 1.0

In this version, every trade has a dynamic Take Profit and is protected with a dynamic Stop Loss.

All you have to do is to set ATRMultiplier_For_StopLoss and ATRMultiplier_For_TakeProfit depending on the asset traded and timeframe.

Version 1.1

In this version, the EA uses an exit strategy based on signals generated by the indicators involved.

If you set UseStopLoss to false, then ATRMultiplier_For_StopLoss should be set to 0, in this case the exit strategy will be applied.

If you set UseStopLoss to true, then set ATRMultiplier_For_StopLoss.

If you set UseTakeProfit to false, then ATRMultiplier_For_TakeProfit should be set to 0, in this case the exit strategy will be applied.

If you set UseTakeProfit to true, then set ATRMultiplier_For_TakeProfit.

Normal mode ( just leave ProfitFactor to 1 )

Martingale mode ( Set the parameters below )

ProfitFactor ( Factor to multiply Tradesize after each profitable trade )

LossFactor ( Factor to multiply Tradesize after each losing trade )

RestartProfit ( After a profitable trade use Tradesize as set at start )

RestartLoss ( After a losing trade use Tradesize as set at start )

RestartLosses ( After a number of consecutive losses use Tradesize as set at start )

RestartProfits ( After a number of consecutive profits use Tradesize as set at start )

If your account type is Netting then set Hedging mode to false and adjust MaxOpenTrades, MaxLongTrades, and MaxShotTrades.

Examples :

For Netting accounts, you may set MaxOpenTrades=1, MaxLongTrades=1, MaxShotTrades=1, you will trade one direction ( Long or Short )

For Hedging accounts, you may set MaxOpenTrades=2, MaxLongTrades=1, MaxShotTrades=1, you will trade in both directions ( Long and Short at the same time )

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Description : Rainbow MT5 is a technical indicator based on Moving Average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, then this is a signal to buy. When price crosses below MA and MA changes color to red, then this is a signal to sell. The Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is now available here . MT4 version is available here .

FREE

Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. The Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available here .

FREE

Description : Rainbow EA MT4 is a simple Expert advisor based on Rainbow MT4 technical indicator witch is based on Moving average with period 34. The indicator is incorporated in the EA, thus, it is not required for the EA to operate, but, if you wish you can download it from my product page . The Expert Advisor settings are as follows : Suitable for Timeframes up to H1 The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in pips) TakeProfit ( Take Profit in pip

69 USD

Description : Sensor EA MT4 is an advanced Expert advisor for MetaTrader 4, built using the usual signals provided by Bollinger Bands Technical Indicator . The Expert Advisor places a buy order, When price crosses above the lower band, and a sell order when price crosses below the upper band. The Expert Advisor uses a Stop Loss and a Take profit. The Expert Advisor settings are as follows : ( The parameters below can be set according to your trading rules. ) StopLoss ( Stop Loss in pips) TakeP

69 USD

Elevate your trading experience with Dynamic Trader EA MT4 , a cutting-edge trading robot designed to optimize your investment strategy. This advanced algorithm harnesses the power of four key indicators: RSI ( Relative Strength Index ), Stochastic Oscillator , MACD ( Moving Average Convergence Divergence ) and ATR ( Average True Range ) to make informed and precise trading decisions. ATR is used to dynamically set stop-loss and take-profit levels based on market volatility. IMP

69 USD

Synergy EA MT4 uses a combination of three key indicators to determine optimal entry and exit points in trading. These indicators are the Relative Strength Index ( RSI ), Bollinger Bands , and a 200-period Moving Average . Here's how each indicator contributes to the decision-making process: Relative Strength Index ( RSI ) : RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market, which can indic

69 USD

Description : Combination EA MT5 is a simple Expert Advisor based on Combination MT5 custom Indicator. The Indicator is incorporated in the EA, therefore you don't need it as a separate tool for the EA to operate. Combination MT5 custom Indicator is based on Stochastic Oscillator and Average True Range (ATR), both are set to their default values. If you wish, you can download Combination MT5 custom Indicator for free from my product page . The Expert Advisor settings are as follows : Ma

69 USD

Description : Rainbow EA MT5 is a simple Expert advisor based on Rainbow MT5 indicator witch is based on Moving average with period 34. The indicator is incorporated in the EA, therefore, it is not required for the EA to operate, but if you wish, you can download it from my product page . The Expert Advisor settings are as follows : Suitable for Timeframes up to H1 The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in pips) TakeProfit ( Take Profit in pi

69 USD

Description : Sensor EA MT5 is an advanced Expert advisor for MetaTrader 5, built using the usual signals provided by Bollinger Bands Technical Indicator . The Expert Advisor places a buy order, When price crosses above the lower band, and a sell order when price crosses below the upper band. The Expert Advisor uses a Stop Loss and a Take profit. The Expert Advisor settings are as follows : ( The parameters below can be set according to your trading rules. ) StopLoss ( Stop Loss in pips) TakeP

69 USD

Synergy EA MT5 uses a combination of three key indicators to determine optimal entry and exit points in trading. These indicators are the Relative Strength Index ( RSI ), Bollinger Bands , and a 200-period Moving Average . Here's how each indicator contributes to the decision-making process: Relative Strength Index ( RSI ) : RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market, which can indicat

69 USD

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Version 1.10 2024.02.01

The new version has an exit strategy based on signals generated by the indiators involved in Dynamic trader EA MT5 strategy.