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Emerald EA Builder

Demo downloaded: 7

Published: 7 June 2024

Current version: 1.5

Emerald EA Builder

Experts
Emanuel Cavalcante Amorim Filho
Version: 1.5
Updated: 2 July 2024
Activations: 5

Welcome to Emerald - EA Builder!

Emerald - EA Builder is a simple, effective, fast and powerful expert advisor for you to build and automatize your strategies in Metatrader 5 for every single financial instrument (forex, stocks, futures).

Blog posts about the EA:

FAQ - Frequently Asked Questions (latest update: jun 25, 2024)
Emerald EA Builder - An introduction to a strategy maker

If you don't know how to code, this EA simplifies the process and let's you create as many strategies as you want just by defining a few conditions; if you do know how to code, this EA speeds up the process of creating your strategies, providing a true simple interface to invent new trading rules and optimize them.

Tired of all those fake/scams EAs that promise multi-millionaire results in a few months? Just go with your own strategy and don't get scammed anymore.

The main Emerald - EA Builder features are described as follows, but do not are limited to:

Create strategies by using any of the built-in indicators, price action pre-defined patterns or even custom indicators defined by the user;
Customize the entry signals for your strategy or use more than 90 pre-defined entry signals defined by the EA;
Define the way you'll set take profits and stop losses (by ticks, points, money, indicators buffers, etc.);
Customize the lots every time a new position shall be opened, either by the current balance, the risk, the last trade profit/loss, etc.;
Define a certain profit/loss to stop trading for a period (day, week or month);
Move the take profit to breakeven after;
Close the position partially after the price has moved a certain amount from the entry price;
Speed up the optimization process by stopping the testing after conditions are met, drastically reducing the estimated time to find the best optimized parameters for your strategies;
and more!

A simple strategy can be created by following these steps:

define the start time, the end time and the close positions time for the EA, if you want;
select a signal (up to 7 pre-defined signals or 10 custom signals) that will command the EA to enter a long or short positions and enable the necessary indicators for the selected signals;
define the take profit and the stop loss methods and levels.

Just like that, you can create thousands of automatized strategies in a reliable way. All you need to do is to save your sets and start trading.

If you have any question or found a bug, feel free to contact me and I'll gladly fix your problem as soon as possible.

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FREE

Midpoint Bands is a channel-like indicator that draws two lines on the chart - an upper band and a lower band, pointing out possible reversal levels. This is one of the indicators used in the Sapphire Strat Maker - EA Builder. Sapphire Strat Maker - EA Builder: https://www.mql5.com/en/market/product/113907 The bands are simply calculated like this: Upper Band = (HighestHigh[N-Periods] + LowestHigh[N-Periods])/2 Lower Band = (LowestLow[N-Periods] + HighestLow[N-Periods])/2

FREE

Simple candle countdown - never again miss how much time is left to open a new bar! This indicator doesn't plot any line on the chart - it uses only objects and calculates the time left to open a new bar. You can set custom colors for the panel background and border and for the text color. Simple as that, the indicator is ready to use. If you find any bugs, feel free to contact me.

FREE

Sapphire Strat Maker is an EA builder ( Expert Advisor Builder or Strategy Maker) designed to make the creation of trading strategies easier . The goal is to provide the most intuitive, functional and fast environment to test and execute new strategies. Check out the free version here - Sapphire Strat Maker Alt . With this Expert Advisor you can create thousands of strategies by combining the indicators (30+ indicators are available) provided by the EA or by using custom indicators. A few of t

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Version 1.5 2024.07.02

- Bug fixes
- Performance improvements

Version 1.4 2024.06.26

- Added the pre-defined signals 'High over high/low below low' and 'Low below low/High over high'. The first one gives a buy signal when the high is over the previous high and a sell signal when the low is below the previous low. The second one, the other way around.
- Added the options to place Limit and Stop orders based on the current price or an indicator.
- Changed the organization of the signals. Now its a bit more clear where every indicator signal is.
- Added a Trailing Stop.

Version 1.3 2024.06.20

- Fixed some bugs.
- Improved some parameter names to better reflect their functionality.
- Performance improvements.
- Added the pattern "Ignored bar". An ignored bar is a 3-candle pattern that happens for a buy signal when the middle candle is a bearish candle, but its low is not lower than the previous candle, while the last closed candle breaks and closes above the middle candle high. The inverse for a sell signal.

Version 1.2 2024.06.17

- Fixed some bugs.
- Performance improvements.
- Added more input parameters to price action patterns.

Version 1.1 2024.06.13

- Fixed some bugs and improved the speed.
- Fixed some parameter names to better reflect their purpose.
- Added the Rate of Change (RoC) filter. Rate of change represents, in percentage, the price variation between two closes during a certain amount of bars. For example, a RoC of period 1 represents the % changed between the last closed bar and the bar 1 period behind it.
- Added the 'Outside Bar' signal. An Outside Bar happens when the current bar high is above the last bar high, but also the current bar low is below the last bar low.
- Added the '123' signal. An '123' is a three bars pattern. A buy signal happens when the 2nd candle (middle bar) has its low lower than the low of the 1st and 3rd candles (adjacent bars) and so its high. A sell signal occurs when the 2nd candle has its high higher than the 1st and 3rd bar and so its low. This has a better accuracy when detected closer to support/resistance zones.