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Synergy EA MT5

69 USD

Demo downloaded: 13

Published: 22 February 2024

Current version: 1.0

Synergy EA MT5

Experts
Jamal El Alama
Version: 1.0
Activations: 10

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 indicate potential reversal points.

Bollinger Bands : Bollinger Bands consist of a moving average line (typically the 20-period MA) and two bands plotted above and below it, based on standard deviations of price volatility. These bands dynamically adjust to market volatility and are used to identify potential entry or exit points based on price reaching extremes relative to the bands.

200-period Moving Average : The 200-period Moving Average is a long-term trend-following indicator. It smooths out price data over a significant period, providing a clear indication of the overall trend direction. Crossovers or interactions with this moving average can signal potential trend reversals or confirmations.

Important !

Read carefully the informations and instructions below to take full advantage of the EA, then if you have any questions, please feel free to send me a private message.

Recommendation

Currency pair : EURUSD

Timeframe : M1

Minimum deposit : $100

Account type : Any

Specifications

Trade : EURUSD, GPBUSD, AUDUSD, USDJPY

Very easy to install

Settings

The EA works fine with indicators default parameters.

All you have to do is to set the TradeSize and, 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 : 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

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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

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

69 USD

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