Market / MetaTrader 4 / Utilities /

Pending Order Grid EA MT4

90 USD

Demo downloaded: 9

Published: 21 May 2024

Current version: 1.6

Pending Order Grid EA MT4

Utilities
Francisco Manuel Vicente Berardo
Version: 1.6
Updated: 5 October 2024
Activations: 20

The Pending Order Grid is a multi-symbol multi-timeframe Expert Advisor that enables multi-strategy implementation based on pending order grids.

General Description

The Pending Order Grid allows the performing of a user-defined strategy through the creation of pending order grids. The Expert Advisor places pending orders of a given type (Buy Limit, Sell Limit, Buy Stop, or Sell Stop) at equidistant price levels to form each grid. The user might set up different grids to exist simultaneously – it's only needed to attach the EA on multiple chart windows of the intended symbol(s).

The start and stop of a grid might be chosen between two modes: price or time. Depending on the selected modes, the trading robot only starts placing pending orders when the current price is "near" the first target price (Start Price) or the Start Time is reached and stops placing when the last target price exceeds the Stop Price or the Stop Time is reached, where Start Price, Start Time, Stop Price and Stop Time are input parameters.

A pending order placing is regulated by a price interval, whose limits are at the Stop Level and Stop Level + Extra Level distances from the order’s target price, where Extra Level is an input parameter. Every time new quotes are available, and the symbol's price is at this interval, the pending order is placed. The target price of the next order is simply given by the previous one added (Sell Limit / Buy Stop) or subtracted (Buy Limit / Sell Stop) with the Price Level input parameter.

An exception to the previous procedure is when the grid’s first pending order is triggered by the Start Time. In this case, the trading robot tries immediately placing the order at the Stop Level distance. In case of rejection by the trade server, it will add 1 pip to the previous distance and try again for the order placing. This procedure will be repeated until the Stop Level + Extra Level distance is reached.

The maximum number of simultaneous pending orders placed by the EA is given by the expression:

Ceil ( (Stop Level + Extra Level) / Price Level ), for Price Level > 0,

where Ceil represents the usual maths function. The expression may take the following values:

1 for Price Level ≥ Stop Level + Extra Level,
2 for (Stop Level + Extra Level)/2 ≤ Price Level < Stop Level + Extra Level,
3/more for Price Level < (Stop Level + Extra Level)/2.

Risk Management

The volume used to place a pending order is chosen between a fixed and a variable lot size, available through the Volume and Free Margin % input parameters, respectively. If there isn't enough money in the account for the chosen volume, a request for placing the order is still sent to the trade server. The purpose is to allow the corresponding position opening if the free margin increases enough until the target price is reached. This increase could be due to an account deposit or position profit between the placing and triggering of the pending order.

Input Parameters

PENDING ORDER GRID

Start Price: Price used to define the grid’s start.
Start Time: Time used to define the grid’s start.
Stop Price: Price used to define the grid’s stop.
Stop Time: Time used to define the grid’s stop.
Price Level: Distance used between pending orders of the same type (pips).
Extra Level: Distance from the Stop Level, which in turn is a distance from the target price, both represent the limits of price interval where the symbol's price needs to be for the pending order's placing (pips).

PENDING ORDER PLACING

Magic Number: Expert Advisor’s identifier.
Type: Pending order type used to form the grid.
Volume: Lot size per deal (lots).
Free Margin %: Percentage of account free margin used to calculate the lot size of the current deal (%).
Stop Loss: Distance from the pending order's target price for placing a Stop Loss (pips).
Take Profit: Distance from the pending order's target price for placing a Take Profit (pips).
Deviation: Maximum allowed slippage from the requested price (pips).
Expiration Time: Order validity period.
Comment: Text message displayed in the chart window (to which the EA is attached) after a(n) (re)initialization of the EA, in the Objects list after creating a horizontal/vertical line (at each of the grid’s limits) or placing a pending order, and in the Trade or Account History tabs of the Terminal window after placing a pending order (it only allows 31 characters).

POSITION MODIFYING

Trailing Stop – SL: Distance from the market price for placing a Stop Loss after a favourable price movement (pips).
Trailing Start – SL: Distance from the position’s opening price that must be reached for the “Trailing Stop – SL” function’s activation (pips).
Trailing Step – SL: Distance from the price where the previous Stop Loss modification occurred that must be reached before the placing of a new Stop Loss (pips).
Trailing Stop – TP: Distance from the market price for placing a Take Profit after an unfavourable price movement (pips).
Trailing Start – TP: Distance from the position’s opening price that must be reached for the “Trailing Stop – TP” function’s activation (pips).
Trailing Step – TP: Distance from the price where the previous Take Profit modification occurred that must be reached before the placing of a new Take Profit (pips).

OPTIMIZATION CRITERION

Math Expression: Mathematical expression used to calculate a custom statistic parameter to sort the optimization results (see the Optimization Criterion section below).

Some of the available parameters accept values that lead to particular options.

Start Price or Stop Price: A null/negative value means the parameter’s inactive function.
Start Time or Stop Time: A value before the current time means the parameter’s inactive function.
Price Level: A null value means that the target price is constant for all pending orders.
Extra Level: A null value means that the symbol’s price needs to be exactly at the Stop Level distance from the target price for the pending order's placing.
Volume: A value lower than the minimum allowed volume by the broker is converted in this last. A value higher than the maximum available volume by the free margin is converted in this last.
Free Margin %: A value whose volume doesn’t reach the minimum allowed volume by the broker is converted in this last. A value whose volume exceeds the maximum available volume by the free margin is converted in this last.
Stop Loss, Take Profit, Trailing Stop – SL or Trailing Stop – TP: A null value means the parameter’s inactive function. Any value between 0 and the Stop Level is converted in this last.
Trailing Start – SL or Trailing Start – TP: A null value means the “Trailing Stop – SL” or “Trailing Stop – TP” function’s immediate activation, respectively.
Trailing Start – SL: The spread value means the “Trailing Stop – SL” function’s activation at breakeven, although such hasn't been guaranteed. The spread + “Trailing Stop – SL” values mean the “Trailing Stop – SL” function’s activation in a profit where breakeven has been guaranteed.
Trailing Step – SL or Trailing Step – TP: A null value means the “Trailing Stop – SL” or “Trailing Stop – TP” function’s continuous operation, respectively.

The input parameters that define the limits of the grid must obey a few rules.

Both the start and stop of the grid must be selected, each chosen between a price or time.
Any combination between the start and stop of the grid can be used: Start Price + Stop Price, Start Price + Stop Time, Start Time + Stop Price and Start Time + Stop Time.
The Start Price cannot exceed the Stop Price in the Sell Limit or Buy Stop orders grid.
The Stop Price cannot exceed the Start Price in the Buy Limit or Sell Stop orders grid.
The Start Time cannot exceed the Stop Time in any pending order grid.

Optimization Criterion

The Expert Advisor allows the creation and use of a new statistical parameter (besides available ones) to sort the optimization results. This custom statistic parameter results from a mathematical expression calculated after the testing. The expression must obey syntax rules and precedence order, being constituted by the following elements:

Integer and real numbers.
Statistic parameters.
Mathematical operators for addition (+), subtraction (-), multiplication (*), division (/) and exponentiation (^).
Mathematical and trigonometric functions.
Curved parentheses (()) to define the precedence and contain the function’s argument(s).
Full stop (.) as decimal point and comma (,) as function’s arguments separator.

The statistical parameters are used by writing the respective identifier initial(s) after the term “STAT”. In case there are two identifiers with the same initial(s), it must also be added “1” or “2”, depending on the order in which both appear in the list. For instance, “STAT_PROFIT” and “STAT_MAX_CONLOSS_TRADES” would be “P” and “MCT2”, respectively. List of identifiers, without “STAT_”, whose initial(s) require “1” or “2”:

CONPROFITMAX (C1), CONPROFITMAX_TRADES (CT1), MAX_CONWINS (MC1), MAX_CONPROFIT_TRADES (MCT1), CONLOSSMAX (C2), CONLOSSMAX_TRADES (CT2), MAX_CONLOSSES (MC2), MAX_CONLOSS_TRADES (MCT2), EQUITYDD_PERCENT (EP1), EXPECTED_PAYOFF (EP2), LOSS_TRADES (LT1), LONG_TRADES (LT2).

The mathematical/trigonometric functions are used by writing the respective name after “Math” and one or two arguments inside parentheses, separated by a comma in this last case. For instance, “MathLog10()” and “MathPow()” would be “Log10(argument)” and “Pow(argument1,argument2)”, respectively. List of names that correspond to the available functions:

Abs, Arccos, Arcsin, Arctan, Ceil, Cos, Exp, Floor, Log, Log10, Max, Min, Mod, Pow, Rand, Round, Sin, Sqrt, Tan.

Note: “MathRand()” is only executed with “GetTickCount()” as the argument of “MathSrand()”, it’s used without anything inside parentheses – simply writing “Rand()”.

Additionally, the expression has the following properties:

The scientific, engineering and E notations are allowed.
The multiplication needs to be explicitly indicated (through the respective symbol).
The system is case-insensitive.
The space ( ) is allowed and doesn’t affect the expression’s calculation.
The input expression is limited to 511 characters.

Examples of a number representation using various notations: “0.0000325” (decimal), “3.25*10^-5” (scientific), “32.5*10^-6” (engineering) and “32.5E-6” (E).

IMPORTANT! The EA doesn’t verify if the input expression fulfils all the requirements, namely if it obeys syntax/standard rules, hence, any infringement of these leads to an unreliable result.

Displayed Information

The Expert Advisor possesses a vast number of messages to inform the user about errors and conditions changes that might occur during its operation. The messages are shown through the Alert function (by a pop-up window), its content includes:

The warning that an input parameter has been incorrectly set.
The info that the account doesn't have enough money for the chosen volume (see the Risk Management section above).
The info that the number of permitted orders by the broker has been reached.
The previous and current value of the symbol’s Stop Level when this is updated.
The Trade Server Return Codes description.
The symbol’s quotes (immediately) before the trade request’s formation, followed by the symbol’s quotes (immediately) after the trade server’s decision.
The Runtime Errors description.
The standard function in the include file where the runtime error was detected (only relevant to the programmer).
The Uninitialization Reason Codes description.

Note: Some elements of the list are displayed simultaneously (in the same text line): 5 and 6; 7 and 8.

During the EA’s operation, the messages displayed are grouped by kind of occurrence (related to each list’s element, except the 1, 6 and 8) and counted. Immediately before the EA’s unloading, a final message containing those groups with the respective counts (if these were > 0) is presented.

Following the EA's (re)initialization, two reference lines are displayed in the chart at the grid’s limits (start and stop). Each line is horizontal/vertical when the grid’s limit is the price/time, respectively. Both lines are blue/red when the grid’s pending order type is Buy/Sell, respectively. Tip: Place the mouse pointer over one of those lines to see its object name ("Buy/Sell Limit/Stop – Start/Stop Price/Time") and description (the Comment input parameter). Note: The properties of a graphical object can be edited in the Objects list.

After the EA’s testing/optimization, the result of the mathematical expression, inserted in the Math Expression input parameter, is presented in the Journal / Optimization Results tabs of the Tester window, respectively. After the EA’s testing, the values of the available statistic parameters are also presented in the Journal tab.

Observations

In some cases, the quoting session might start before or end later than the corresponding trading session (with a five-minute difference, for instance). During the time interval when the quoting session is open, but the trading session is still/already closed, the Expert Advisor initiates/continues to process the available ticks, respectively. If the present conditions satisfy the EA's trading criteria, a trade request is formed and sent to the server. However, it won’t succeed, and an error message is displayed: “market is closed”.

During high activity periods, the trade server’s decision on whether a trade request is executed or rejected may suffer significant delays. Some data used in the request sent to the server might become incorrect, leading to the order’s rejection. When the server is evaluating a request and the symbol's quotes are updated, three cases might occur:

Pending order placing – the pending order’s target price becomes an incorrect distance.
Position opening/modifying – the position's Stop Loss or Take Profit intended level becomes an incorrect distance.
Position modifying – the position's Stop Loss or Take Profit previous level takes to its closing.

The symbol’s quotes mentioned in the sixth element of the list in the Displayed Information section are especially useful here (since firsts usually differ from lasts). A careful analysis of these quotes, knowing the implication that certain quote changes have on the request’s evaluation, permits understanding the reason when these cases occur. To avoid the request’s rejection by the trade server due to “invalid stops” (cases 1 and 2), the prices/levels used should exceed the symbol’s Stop Level by a few pips.

The Start Price, Start Time, Stop Price, Stop Time or Type input parameters have a special status in the program. Every time one is changed, two things happen: the EA ends up the current grid and verifies the conditions to create a new one. Then, if all start/stop values pass this checking, the EA begins a new grid. But, if at least one fails, the EA doesn’t go forward with the new grid and terminates its operation.

A Buy/Sell position is opened at the Ask/Bid price and closed at the Bid/Ask price. Since the position’s stop orders (Stop Loss and Take Profit) are triggered at this last price, in a pending order, they are calculated from the order's target price -/+ the current spread (Ask - Bid), respectively.

When placing a pending order, the validity period can’t be less than 10 minutes. During a grid creation, the Expert Advisor doesn’t place pending orders if the current time exceeds the Expiration Time minus 10 minutes (when the validity period is previously selected).

Conclusion

The Pending Order Grid is a helpful and effective tool regarding the automatic creation of pending order grids, especially when the grids consist of a significant number of orders, enabling a simple and intuitive setting of the grids to form.

more...

Introducing the FX28 Trader Dashboard – Your Ultimate Trade Manager Unlock the full potential of your trading experience with the FX28 Trader Dashboard, a comprehensive and intuitive trade manager designed to elevate your Forex trading to new heights. Whether you're a seasoned trader or just starting on your financial journey, this powerful tool is engineered to streamline your trading activities and enhance your decision-making process. Key Features: User-Friendly Interface: The FX28 Trader Da

139 USD

Introducing the "KFX Trade Manager" expert advisor for MetaTrader 4 (MT4), a comprehensive solution for advanced trade management and risk control. This powerful tool is designed to enhance your trading experience by automating various aspects of order handling, profit optimization, and alert notifications. With the "KFX Trade Manager," you can take your trading to the next level and streamline your operations for improved efficiency and better risk management. Key Features: Trade Management Set

300 USD

Binary Options Copier Local is an EA that allows to copy binary options trades between MT4 accounts on the same computer. With this copier, you can act as either a provider (source) or a receiver (destination). All binary options trades will be copied from the provider to the receiver with no delay. Demo : Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/10047 Reference : If you need to copy between different computers over Internet, please check Binary Optio

79 USD

F O R E X J U G G E R N A U T A highly powerful Expert Advisor even if used only with one currency pair, GBPJPY. The system structure is focused on the precision of the order entries and safety. The EA is suitable and recommended for newbies. V E R Y I M P O R T A N T This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades a

590 USD

The Pending Order Grid is a multi-symbol multi-timeframe script that enables multi-strategy implementation based on pending order grids. General Description The Pending Order Grid allows the performing of a user-defined strategy through the creation of pending order grids. The script places pending orders of a given type (Buy Limit, Sell Limit, Buy Stop, or Sell Stop) at equidistant price levels to form each grid. The beginning and finish of every grid are defined by the Start Price and St

30 USD

L H E D G E R S C A L P E R A fully automated Expert Advisor that uses counter-trend scalping, managed semi-martingale strategy and lock hedging to execute a complete trading scheme from entry analysis to risk-calculated money management to exit analysis plan execution. V E R Y I M P O R T A N T You can use only ECN type of account. Otherwise, it's a disaster. You can use only the GBPJPY currency pair. Open and attach with 1 chart only. Use a minimum o

999 USD

H4 GBPUSD Trend Scalper is a trend signal scalper The EA trades according to the trend strategy using original built-in indicator for opening and closing orders. The external inputs for limiting trading on Fridays and Mondays are available. The purpose of the strategy is to use the current trend with the most benefit. According to the results of testing and working on demo and real accounts, the best results achieved by using the Н4 timeframe on the GBP/USD pair Works on MetaTrader 4 Build 971+

149 USD

Your Key to PASS HFT Prop Firm Challenges Are you ready to unlock the world of High-Frequency Trading ( HFT ) and take on the challenges set by proprietary trading firms? Look no further than PropFirmFastPass , the ultimate Expert Advisor (EA) designed to help you pass unlimited HFT prop firm challenges effortlessly . Unlimited Challenges, One-Time Fee Conquer evaluations from over 13 supported prop firms, including Quantec Trading Capital , with just a single purchase. Say goodbye t

198 USD

Introducing AutoPilotFX: Your Ultimate Trading Panel with Advanced Features Take your trading to new heights with AutoPilotFX, an MQL4 Expert Advisor designed to streamline your trading process and optimize your strategies. Discover the powerful features it offers and learn how it can help you maximize your profits and minimize your risks. Key Features: Automatic Lot Size Calculation: AutoPilotFX automatically calculates the ideal lot size based on your desired risk-reward ratio, ensuring that y

FREE

This EA is recommended to traders who already had trading experience with expert advisers. EA is using martingale strategy and it is regulated by Martin_1 and Martin_2 multiplier settings. Automated trading: Your EA automates the trading process, taking the emotional and psychological factors out of the equation. Backtested: Your EA has been backtested over a period of time to ensure its reliability and stability. Easy to use: Your EA is user-friendly and easy to set up, even for beginner

197 USD

Short-Term Fibonacci Trading Strategy with Clear TP and SL Strategy: Timeframe: M15 Indicator: Fibonacci Retracement Fibonacci Levels: Buy Entry: 38.2%, 50.0% Sell Entry: 61.8%, 78.6% TP/SL Placement: SL: Below/above the Fibonacci level used for entry Minimum Capital: $100 Instruments: Metals: Gold (XAUUSD) The recommended spread starts from 10 to 25, and should not exceed 28.

399 USD

TradeWise EA is a compact yet powerful tool loaded with robust features. It offers a 30-trades compounding challenge , Risk-Management, Performance Tracking, Break-Even Calculation, Automated SR Zones, Trailing Stop-loss by ATR or PIPS, Automatic Risk-to Reward Ratio based on Stop-loss, Easy Order Adjustments, Calculates Total Stop Loss and Take Profit, Automatic buy and sell orders on manually placed SR Zones, and more. These features are designed to cater to both scalpers and long-term traders

30 USD

This Dashboard displays signals in grid view for the 28 major fx currency pairs. It is Mainly used for forex scalping in between 10 to 20 pips maximum and can be used on major trend market decisions. It Uses mainly Moving average and does not give false signal. All you need to note is the point in the grid where the signal occurs. A beep sound is heard whenever there is a new signal and it will be displayedat the top of the chart.

500 USD

30% discount from today until November 11th,2024 Live Signal-1 : Click here MT5 Version : Click Here Get Quantum Pip for free (for 2 trade accounts) -> contact me after purchase Welcome to Nasdaq Algo Trading This EA (Expert Advisor) is created and designed by a team with over 13 years of programming and trading experience. The EA focuses on developing a system that can deliver long-term and stable profits. It employs risk-free strategies, avoiding Martingale, Grid, and Hedging methods,

393.99 USD

Presenting to you my baby...The EU Compounder. Beautiful. This EA was designed for use by the financial institutions. The big players. If you want smooth consistent gains on your account, this is the go-to product. Free demo version to test it out and confirm the alpha returns made by the EA. Parameter: Risk Level - (to control the amount of risk depending on the account balance) Recommended Setting: 1 = at least $1000 deposit 2 = at least $2000 deposit 3 = at least $3000 deposit 4 = at lea

555 USD

Harvest GOLD USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 3 great strategies The EA can be run on even a $

45 USD

Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author. The EA

200 USD

ℙℂ The settings of the EA Time - GENERAL SETTING; Terminal Comment Magic Slippage TIME - TickSETTINGS TickFilter TickSAMPLES TIME - Time settings Trade Request seconds Order modify seconds Start hour End hour Order Expiry ACCOUNT MM Risk MM % Agrresive Adaptive History Both Direction together Max Trades Spread SETTINGS MAX Limit MIN Limit TRADE SETTINGS Signal size Order Distance Max Distance Stoploss Trailing start Max Trailing Trailing target

999 USD

Expert Advisor for fans of catching profit. Timeframe H1, currency pairs advisably GBPUSD The minimum Deposit is 100 usd. The entry principle is based on calculating the possible trend direction by interacting with the order opening filters. This is not the main thing, but the main thing is how to protect your investment? Here we will apply some conditions to reduce the possibility of a large drawdown of the Deposit. The expert Advisor will be constantly in the market. Demo trading on a Dem

150 USD

Entry Points Pro EA for MT4 MT5 version is here Immediately after the purchase, contact me via PM for getting the guide, settings and BIG bonus! The Entry Points Pro EA was created on the basis of the legendary Entry Points Pro indicator , which received more than 450 positive reviews on the MQL5 exchange and was on the 1st position among thousands of other indicators for more than a year! https://youtu.be/yNIEDQJzGCw - EURUSD H1 Last year Here is a video on how the trading advisor works, w

555 USD

The utility allows you to open, monitor and manage open positions on the forex market and only on instruments in which it is possible to create triangulations or those instruments that share the same currency in the numerator or denominator: ex: EURSUSD --- GBPUSD --- EURGBP The help of operational lines and valuable information on the panel allow the trader to manage trades more easily. Recommended for novice and experienced traders. External variables CrossSymbol = choose the cross on wh

550 USD

The EA Bot strategy was developed with a foundation in market trends, support and resistance, and a hedging strategy. Additionally, it includes an auto-correction feature designed to mitigate risk during periods of high volatility and high-impact news. The EA Bot also incorporates a money management tool to ensure minimal trade entry during market vulnerability.

3 000 USD

Santa Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The SMA indicator filter are used for entries. This EA can be run from very small accounts. As small as 50 EUR. General Recommendations The minimum deposit is 50 USD, default settings reccomend for eurusd m5 gmt +2 . Please use max spread 10 if you will not have orders change it to -1. Use a broker with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably

49 USD

/ ********** ********** ********** ********** ********** ********** ********** ********** ********** ********** / Big Sales for Easter! Price is reduced > 50 % already! Grasp the chance and Enjoy it! / ********** ********** ********** ********** ********** ********** ********** ********** ********** ********** / This is a powerful EA that support single order strategy, martingale strategy, multiple timeframes strategy, etc with lots of useful indicators and self defined methods.

400 USD

Super Night Scalper is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth. It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading area. Nothing fancy here, no testing Holy Grails, no "risk-free martingale", only strict rule-b

300 USD

Created for signal providers, as well as for participation in various forex contests(and not only), can independently open an unlimited number of orders on the indicators RSI(Relative Strength Index) and MACD(Moving Average Convergence/Divergence) Expert signals are here. A series of experts: Lucky Star RSI and MACD, Lucky Star RSI, Lucky Star WPR , Lucky Star MA, Lucky Star SO, Lucky Star MACD, Lucky Star MA and SO, Lucky Star MA and MACD , Lucky Star SO and MACD the probability of winning r

FREE

The AUTO SLTPTS + CLOSE ALL is an Expert Advisor (EA) utilities and designed to provide automated management of Stop Loss (SL), Take Profit (TP), Trailing Stop (TS), Break Even (BE) levels and Close All Orders for your manual trades, as well as other advanced features to enhance your trading experience. Key Features: 1. Automated SL, TP and TS Management : The EA automatically manages the Stop Loss (SL), Take Profit (TP), Trailing Stop (TS) and Break Even (BE) levels of your new open positi

65 USD

CANADIAN TAIGA is a professional portfolio EA using trend-following trading system based on principles of volatility breakout and breakouts of support/ resistance levels. It works on all Canadian Dollar pairs. The core principle of the Canadian Taiga is to capture trading opportunities on all CAD pairs, using a sophisticated hedging module. Download CANADIAN TAIGA and test it on all Canadian Dollar Pairs as recommended, and if it does not what it is intended to do as described, do not purchase i

129 USD

Automatically trading advisor for the MT4 terminal. Any trading instruments. Minimum settings. Detailed display of style and trading conditions on the screen of your terminal. It starts working immediately after installation and connection to your MT4 account. Any timeframe below H4. Recommended timeframe for displaying trading sessions H1. You choose the optimal working time for a trading robot. Best wishes and a passing trend.

89 USD

This fully automated trading system is part of the Bergland signal. It features a highly efficient trading logic, and a money management system. Reasonable calculated stop loss and take profit levels. It is easy to install and do not require a special setfile. XAUUSD, M15 Special Promo: If you register with my cashback link, you will get this EA for free. PM me for instructions.

300 USD

It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Attention, the application does not work in the strategy tester. Manual, Description, Download demo Line function - shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics before opening. Risk management - The risk

100 USD

Welcome to Trade Manager MT4 - the ultimate risk management tool designed to make trading more intuitive, precise, and efficient. This is not just an order placement tool; it's a comprehensive solution for seamless trade planning, position management, and enhanced control over risk. Whether you're a beginner taking your first steps, an advanced trader, or a scalper needing rapid executions, Trade Manager MT4 adapts to your needs, offering flexibility across all markets, from forex and indice

99 USD

Custom Alerts is a versatile multi-market monitoring tool that identifies promising setups across all eight major currencies (USD, CAD, GBP, EUR, CHF, JPY, AUD, and NZD), as well as Gold (XAU), and up to seven indices like US30, UK100, WTI, Bitcoin, etc. It is fully customizable. The tool gathers data from our FX Power, FX Volume, and IX Power indicators and notifies you of significant events. Before starting, you must have the used indicators already installed on your terminal to b

99 USD

The product will copy all telegram signal to MT4 ( which you are member ) , also it can work as remote copier. Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to

219 USD

The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c

300 USD

Copy Signals from any channel that you are a member (including private and restricted) straight to your MT4. This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo | MT5 Version | Discord Version If you want to try a demo please go to user guide. The Te

120 USD

Trade Panel is a multifunctional trading assistant. The application contains more than 50 functions for manual trading, and allows you to automate most trading actions. Before purchasing, you can test the Demo version on a demo account. Demo here . Full instructions here . Trade. Allows you to perform basic trading operations in one click: Opening pending orders and positions. Opening a grid of orders. Closing pending orders and positions. Reversal of positions (close BUY and open SELL or close

100 USD

Copy Signals from any channel that you are a member ( without the need for a Bot Token or Admin Permissions straight to your MT4. It has been designed with the user in mind while offering many features you need This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo | MT5 Version | Telegram Version If you want to try a demo please go to the User Guide. The Discord To MT4

120 USD

Equity Protection EA MT4 General Features: Full control over the results of a trading session.- Controls the overall result, for all forex symbols, indices, metals, stocks, etc. Control is done over the global equity.- Close all trades, on all symbols, when reaching a profit or loss rate.- Changeable configurations in both amount and percentages.- Protection of results by trailing stop global.- Record of results achieved for the session (greater equity and lower equity).- All calculations a

99.90 USD

The product will copy all Discord signal to MT4 ( which you are member ) , also it can work as remote copier. Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade

199 USD

Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b

299 USD

DOWNLOAD DEMO VERSION INSTRUCTIONS - https://www.mql5.com/ru/blogs/post/758419 IN TEST MODE (in the tester) panel functionality NOT ACTIVE . We have provided only a visual display of the panel itself. A tool that can instantly calculate the position size or risk based on a given stop loss level is critical for both professional and novice traders. The TRADE PRO trading utility provides fast and accurate calculations, helping you make decisions in time-sensitive and volatile ma

100 USD

On the occasion of the first days of publishing and attracting first customers, a 50% discount $120 for first 10 user (3 license left) Next price is $160 > $200 > $240 Don't forget to send a message after buying (not renting) to add you to our VIP group for free. Live OrderBoook, Another high-level tool by Ziwox Order Book An order book is an electronic list of buy and sell orders for a specific asset, organized by price level. It provides real-time data on market depth, showing the amount o

120 USD

Hi, all. News trapper EA It is an expert for trading news very safe expert Automated Trading on the news of the economic calendar. It shows stable trading during last 10 years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. sale will end after 48 h how to install it and set files read the blog after purchase contact me to add you to VIP channel The program contains flexible settings for trading on the news of the econ

199 USD

Trade Copier Agent is designed to copy trades between multi MetaTrader(4/5) accounts/terminals. With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay. This tool allows you to copy trades between multiple MetaTrader terminals on the same computer with lightning-fast copying speeds of under 0.5 seconds. Trade Copier Agent Installation & Inputs Guide Please Apply the settings on the

150 USD

Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit

119 USD

Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up

199 USD

The Expert Advisor will help you forward all pop-up alert with screenshot from MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters - Telegram Bot Token - create bot on Telegram and get token. - Telegram Chat ID - input your Telegram user ID, group / channel ID - Forward Alert - default true, to forward alert. - Send message as caption of Screenshot - default false, set true to send message below Screenshot How to setup and guide - Telegram

100 USD

This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close. Moreover, you can add (overr

100 USD

2024 50% discount ($199 -> $99) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community: position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management - Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types - Set and forget tradi

99 USD

Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our Telegram MT4 Signal Trader will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4 defines the whole experience of copying signals from Telegram signal copier to mt4 platforms. Users not only can follow all instructions from the sign

149 USD

Details of each condition Type 1. Set no use Hedging Martingale, to open the order by yourself only through the push button. TP and SL follow setting. Set Setting_Hedging =false; Use_Signal =false; Type 2. Semi Auto Recovery Zone You have to open the order by yourself only through the push button. If in the wrong direction and Set true on Hedging Martingale, EA will fix the order with the zone system by use Hedging Martingale Set Setting_Hedging =true; Use_Signal =false; Type 3. Us

115 USD

BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry

125 USD

Friends, at first you may think that this tool is difficult to use, but by reading its guide, you can easily use it. Once you learn, you can test thousands of strategies in it. Dear friends, this tool can not be tested in backtest. Using this tool, you can test your strategies live. Create strategies that are in your mind. With this tool, you can make the strategies you have in mind a reality. Create and use experts using popular indicators such as RSI, MACD, Moving Average, Bollinger Band, et

99 USD

This trade copy utility allows you to instantly and seamlessly replicate and synchronize unlimited orders from multiple master accounts to multiple slave accounts on your local machine. You can create custom channels (or portfolios) with advanced filtering capabilities to copy from multiple master accounts to multiple slave accounts. Moreover, you can tailor these channels with a range of lot sizing and trade condition options to ensure that copied trades outperform the original source. You can

100 USD

For more info join to http://discord.io/reitakfx where you can get info how to set, how to trade or for your questions -------------------------------- If you want this panel and all my other products for FREE , create account here http://bit.ly/reitakfxroboforex and then write me and I will send you all my actual and future product for FREE + VIP on my DISCORD -------------------------------------- Set in panel what margin will use to trade. When you ready to trade, just click to buy or se

100 USD

Multifunctional tool: 65+ functions, including: Lot calculator, Price action, R/R ratio, Trade manager, Supply and Demand zones Demo version | User manual The utility doesn't work in the strategy tester: you can download the Demo Version HERE to test the product. Contact me for any questions / ideas for improvement / in case of a bug found If you need a MT5 version, it is available here Simplify, speed up and automate your trading process . Expand the standard terminal capabilities wit

139 USD

Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo

100 USD

Let Your Ideas Earn For You. Convert your Ideas and Strategies in to automated trading bots directly on MT4. Visual Strategy Builder with Instant Results on the chart. This One of a kind strategy builder, allows you to specify rules and visually see the signals based on those rule as you create them. Visit the link for Group, User Manual, Video Examples Why Use LBM LBM is an essential tool for traders of all levels. It allows traders to create strategies quickly and easily, and to test th

197 USD

TakePropips TradePad Pro (MT4) includes a powerful trade manager, equity protection, currency strength meter, account reporting tools, risk management tools, and more! It is the perfect companion for manual traders and prop-firm traders. It is one of the most advanced forex trade manager and trade assistant that you will ever come across! It is the perfect solution for traders who wants a more efficient way of managing trade transactions. You can download the user manual and installation guide

98 USD

The Pending Order Grid is a multi-symbol multi-timeframe Expert Advisor that enables multi-strategy implementation based on pending order grids. General Description The Pending Order Grid allows the performing of a user-defined strategy through the creation of pending order grids. The Expert Advisor places pending orders of a given type (Buy Limit, Sell Limit, Buy Stop, or Sell Stop) at equidistant price levels to form each grid. The user might set up different grids to exist simultaneousl

90 USD

The Multiple Position Opening is a multi-symbol multi-timeframe script used to open simultaneously various positions. Risk Management The volume used to open a position is chosen between a fixed and a variable lot size, available through the Volume and Free Margin % input parameters, respectively. If there isn't enough money in the account for the chosen volume, this is reduced to the highest possible value (corresponding to free margin). If this reduction leads to a correct volume (if the

FREE

The Position Selective Close is a multi-symbol multi-timeframe script used to close simultaneously various positions. General Description The Position Selective Close possesses three operation modes (Intersection, Union and All) that control the way as four position features (symbol, magic number, type and profit) are used. The modes, available through the Selection Mode input parameter, relate to the features, available through the “Select by Feature” and “Feature” input p

FREE

The Double Trailing Stop is a multi-symbol multi-timeframe Expert Advisor that allows the Stop Loss and Take Profit trailing of positions. General Description The Double Trailing Stop’s purpose is to secure profit and minimize losses of the opened positions. The Expert Advisor places stop orders (Stop Loss or Take Profit) at the Trailing Stop distance from the market price when the symbol's quote reaches/overcomes the Trailing Start distance from the position’s opening price (a single-time

30 USD

The Order Selective Delete is a multi-symbol multi-timeframe script used to delete simultaneously various pending orders. General Description The Order Selective Delete possesses three operation modes (Intersection, Union and All) that control the way as three pending order features (symbol, magic number and type) are used. The modes, available through the Selection Mode input parameter, relate to the features, available through the “Select by Feature” and “Feature” input p

FREE

The Scientific Calculator is a script designed to compute science, engineering and mathematics expressions. General Description The expression to calculate must obey syntax rules and precedence order, being constituted by the following elements: Integer and real numbers. Mathematical operators for addition (+), subtraction (-), multiplication (*), division (/) and exponentiation (^). Mathematical and trigonometric functions . Curved parentheses (()) to define the precedence and contai

FREE

The Tick Data Record is a multi-symbol multi-timeframe Expert Advisor that records tick data for later graphical representation and analysis. General Description The Tick Data Record offers a(n) alternative/complement to the online/offline price charts displayed through the MT4/MT5 platform. The Expert Advisor permits to write and save the current/history values of Time, Bid, Ask, Spread, Last and Volume to a text file (“.txt”). The idea is to copy/open the obtained register to/in a sp

FREE

The Environment State Info Print is a script to display the constants that describe the current runtime environment of a MQL5 program. General Description The constants are divided into four groups in the Environment State section of the MQL5 documentation and each group is divided into enumerations/subgroups (with designations “Integer”, “Double” or “String”). The script displays constants in two ways: a single constant or all group constants. The constants are obtained by selecting th

FREE

The Environment State Info Print is a script to display the constants that describe the current runtime environment of a MQL4 program. General Description The constants are divided into four groups in the Environment State section of the MQL4 documentation and each group is divided into enumerations/subgroups (with designations “ Market Info”, “Integer”, “Double” or “String”). The script displays constants in two ways: a single constant or all group constants. The constants are obtained b

FREE

30 USD

Filter:

No reviews

Version 1.6 2024.10.05

Insignificant change, not requiring an update:

- Edition of the brief text description at the EA’s properties window.

Version 1.5 2024.08.28

Minor change, still requiring an update:

- Improvement of the function added in the 1.3 version (2024.07.16).

Version 1.4 2024.08.01

Minor change, nevertheless, requiring an update:

- Second correction of the formulas used to calculate the Stop Loss and Take Profit prices when sending a pending order (replacement of the quote used as “reference” in each calculation, Ask price instead of Bid price, and vice versa).

Version 1.3 2024.07.16

Minor change, however, requiring an update:

- Function added to deal with the account change and terminal closure during the Expert Advisor’s operation, two actions that result in the EA’s global variables resetting.

Version 1.2 2024.06.28

Minor change, but requiring an update:

- Correction of the formulas used to calculate the Stop Loss and Take Profit prices when sending a pending order (previously, both values had a deviation equal to the current spread).

Version 1.1 2024.06.02

Minor change, not requiring an update:

- Link addition at the EA’s properties window to visit the product page.