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  • Reviews (2)
  • Comments (3)
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Basic Forex Sentiment Trader EA

4.5

It seems that something has been modified on the Myfxbook website and the website is not reading properly... Every Pairs is 100% 
I am working to update the EA, and solve this problem.
In the meantime, please disable it for safety, as the EA reads all pairs at 100%

I have created this Free MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it.

The EA is Multy-currency and can trade on Demo or Real if you want (but be carefully, this tool is made to understand if it is better to trade for or against market sentiment... Use at your own risk)

This is the FREE version from  Forex Sentiment Trader PRO EA

Remember to authorize Myfxbook url in WebRequest options in MT4. - Check the Video to know how to do it


You cannot baktest this tool since it operates in real time with current data from the market sentiment website.

You can choose any currency pairs you want (I recommend major pairs with less spread) as long as you have them active on MT4 Market Watch.

If the EA is configured to trade in Favor of Market Sentiment, it will open trades in currency pairs that are equal to or higher than the default percentage value chosen (Default 80, but you can choose the percentage you want) and close if it goes down. at 50%

If you want to choose to trade Against of Market Sentiment, suppose that the market sentiment is more than 80% Long in EURUSD, then the EA would open a sell order in EURUSD and the order would be closed when the Long drops to 50%


Please leave your suggestions, opinions and comments to support me and know if you like my work as well as possible functions to add in future updates. Thank you!


Reviews 2
Ozren Ljevar
861
Ozren Ljevar 2024.05.04 13:19 
 

Thank you Winidecorw for genuine EA strategy.. I have good results using it following the market sentiment ... I would like to see some additional filters (popularity) ,and I hope that you will continue to improve this EA , as well to make 'premium' version to work on paid Myfxbook sentiment which is uploaded every 15 seconds..Lower your spread , reduce commission fees, increase your profit ! +++ https://www.cashbackforex.com/#aid_351291 +++

lengendmt4
1059
lengendmt4 2024.04.29 14:51 
 

Working fine in opening and exit functions. Will be good if can choose update interval from myfxbook. Or can choose setting individually for each pairs. Can consider in paid options.

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[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
Risk Manager for MT4
Sergey Batudayev
4.56 (9)
Expert Advisor Risk Manager for MT4 is a very important and in my opinion necessary program for every trader. With this Expert Advisor, you will be able to control the risk in your trading account. Risk and profit control can be carried out both in monetary terms and in percentage terms. For the Expert Advisor to work, simply attach it to the currency pair chart and set the acceptable risk values ​​in the deposit currency or in % of the current balance. Version for MT5 -  https://www.mql5.c
More from author
Forex Sentiment Trader PRO EA
SALVADOR MARTINEZ RAMOS
5 (1)
I have created this  MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it. Remember to authorize Myfxbook url in WebRequest options in MT4 . - Check the Video to know how to do it   Basic Forex Sentiment Trader  (The video is from Basic EA, but is the same in the PRO EA) This is the PRO version from Basic Forex Sentiment Trader EA with more features: Market Sentiment update every 30 minutes instead of 1 hour SL TP Break
News Filter EA that send you a Push notification to your MT4 phone APP and TURN OFF MT4 Automatically Before News.  This EA doesn't work in backtest From 1.7 version  the EA have  Close all trades before news functions added. You only need to allow that url in MT4 options: To see the url and how to add it to MT4, visit this post: https://www.mql5.com/en/blogs/post/754402 When Metatrader is turned off, it saves the status of all the charts, indicators and Expert Advisors that you have in t
This EA allows you to send alerts to your Telegram Groups or Channels. As simple as opening or closing trades on MT4 and alerts are automatically sent to Telegram. Alerts will also be sent when you modify the SL or the TP Updates and possible improvements will be sent to buyers I will send you a tutorial to get your Telegram Api key and chat id          You must enter your API key and Chat ID of the Group or Channel 
Close all trades buttons
SALVADOR MARTINEZ RAMOS
This EA creates two buttons in a panel that you can drag to any part of the chart (simply click on the panel and drag with the mouse to the part of the chart you want) with which you can close all the open operations in the account with a simple click, or close only the trades that are currently in profit. Tell me if you like the product and how it could be improved, Thanks :) 
FREE
This indicator uses a formula based on bollinger bands to determine if the market is in Range or not. It can be used to filter entries and not operate in a sideways market. It has a minimum value of 0.2 from which it could be operated, although you can modify it in the options to adjust it to your trading style or the market you use. If the histogram below is red, the market is in range, if it is green, volatility is higher.
FREE
News Filter Alerts EA. Low, Medium & High impacts News This EA will not work on the Demo version in backtest You only need to authorize this url in the MT4 options: To see the url and how to add it to MT4, visit this post: https://www.mql5.com/en/blogs/post/754794 Many traders will recommend NOT trading during the news since indicators and Expert Advisors tend to make mistakes unnecessarily arriving several times in SL in a very few minutes since at that moment some politician is ta
FREE
This MT4 EA created by me to help you test Your Manual Trading strategies. The EA Automatically place: SL TP Trail SL Break-Even M.Basket Trail SL based on the distance of an EMA Lot or Lot multiplier And the multiple possible combinations. Once configured, you only have to hit the buttons The EA will place the Lot, the SL, TP, Basket, or Trail automatically so that you can focus on your strategy. The EA will work in Backtest or Live Trading, Real, or Demo.
The Average Daily Range Levels indicator shows the ADR levels on the chart as if they were supports and resistances and is updated daily. By default the indicator uses the 5-day average of the daily range. There are several strategies that suggest that these levels can be used to determine where the price can bounce and it is often said that the price can typically move 75% of the ADR. In future versions I may add alerts at each level Can you suggest any changes? Greetings!
Filter:
Ozren Ljevar
861
Ozren Ljevar 2024.05.04 13:19 
 

Thank you Winidecorw for genuine EA strategy.. I have good results using it following the market sentiment ... I would like to see some additional filters (popularity) ,and I hope that you will continue to improve this EA , as well to make 'premium' version to work on paid Myfxbook sentiment which is uploaded every 15 seconds..Lower your spread , reduce commission fees, increase your profit ! +++ https://www.cashbackforex.com/#aid_351291 +++

SALVADOR MARTINEZ RAMOS
1619
Reply from developer SALVADOR MARTINEZ RAMOS 2024.08.01 22:02
PRO version released! Forex Sentiment Trader PRO EA https://www.mql5.com/en/market/product/120833 Market Sentiment update every 30 minutes instead of 1 hour
SL
TP
BreakEven
Trail SL
Daily Target Profit
Max Daily DrawDown (Useful for prop firm)
Max Spread
Custom Trade Comments
Take advantage of the initial price! The EA will have several improvements and updates such as built-in News Filter, optional Suffix and Prefix for brokers that have it in the pairs and much more! The price will go up progressively!
lengendmt4
1059
lengendmt4 2024.04.29 14:51 
 

Working fine in opening and exit functions. Will be good if can choose update interval from myfxbook. Or can choose setting individually for each pairs. Can consider in paid options.

SALVADOR MARTINEZ RAMOS
1619
Reply from developer SALVADOR MARTINEZ RAMOS 2024.05.01 17:21
Hello!
Maybe I can add it in future updates
Reply to review
Version 1.179 2024.04.24
Minimum change due to conflict with the name of the Ea