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Mr Average

5

Mr. Averager MT4 is a Expert Advisor for the MetaTrader 4 trading terminal. The trading algorithm is based on the principle of position averaging. Due to averaging, the EA is not sensitive to the quality of entry points and can work almost at any time and in almost any market.

The EA supports 2 trading modes: Automatic start and Manual start. In Automatic start mode, the EA independently starts a new series of orders. In Manual start mode, the first order of the series is opened manually using the trading panel, and then the EA picks up the first order of the series and continues to work according to the algorithm.

Mr. Averager allows you to choose the type of orders from 3 modes: Long, Short, Long & Short. If a strong trend is observed in the market, then it is safest to choose the Long or Short mode, depending on the direction of the trend. Long & Short is a universal mode that is well suited for price movement in the corridor, but is more dangerous on the trend than trend modes: Long or Short.

The EA allows you to separately configure a series of Buy orders and a series of Sell orders. This can be convenient in situations when one of the series greatly outweighs the other in the number of orders.

To protect the deposit, you can reduce the multiplier of the volume of orders, increase the distance between orders, limit the number of orders in a series or close the entire series of orders through the trading panel.

EA is available for MetaTrader 4 and MetaTrader 5 trading terminals:

To improve trading results, it is recommended to use:

  • Major currency pairs with low spreads;
  • Brokers with small spreads and commissions;
  • VPS - server for the EA operation 24/7.

    Input parameters:

    • ======= General parameters ========
    • Start mode (Automatic start / Manual start) - trading start mode (Automatic start / Manual start);
    • Orders type (Long / Short / Long & Short) - type of orders (Purchases / Sales / Purchases and sales);
    • EA's ID: must be> = 1 - EA magic number;
    • Timefilter (true / false) - time filter;
    • Start time (date is ignored) - time to start trading;
    • End time (date is ignored) - time to end trading;
    • ======= Buy series parameters =======
    • Initial lot - initial lot;
    • Lot multiplier - lot multiplier;
    • Max lot - the maximum lot in the series;
    • Take Profit - take profit in points;
    • Take Profit multiplier - take profit multiplier;
    • Order distance - distance between orders in points;
    • Order distance multiplier - distance multiplier between orders;
    • Max orders - maximum orders in a series;
    • Wait closing and stop trading (true / false) - trading suspension mode If true, - the EA will wait for the series to close and will not open a new one;
    • ======= Sell series parameters =======
    • Initial lot - initial lot;
    • Lot multiplier - lot multiplier;
    • Max lot - the maximum lot in the series;
    • Take Profit - take profit in points;
    • Take Profit multiplier - take profit multiplier;
    • Order distance - distance between orders in points;
    • Order distance multiplier - distance multiplier between orders;
    • Max orders - maximum orders in a series;
    • Wait closing and stop trading (true / false) - trading suspension mode If true, - the EA will wait for the series to close and will not open a new one.


    Reviews 9
    Jodie Alizadeh
    274
    Jodie Alizadeh 2020.12.07 09:29 
     

    Good EA!

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    Jodie Alizadeh
    274
    Jodie Alizadeh 2020.12.07 09:29 
     

    Good EA!

    Oleg Remizov
    14591
    Reply from developer Oleg Remizov 2020.12.08 22:23
    Thank you for your support.
    lisaoktaria
    36
    lisaoktaria 2018.12.28 15:10 
     

    Can you sent me the setting, what pair i can use for trade and how much minimum deposit

    John Obermaier
    684
    John Obermaier 2018.10.24 09:09 
     

    User didn't leave any comment to the rating

    Oleg Remizov
    14591
    Reply from developer Oleg Remizov 2020.12.08 22:23
    Feedback is very important to me.
    Hank Gerritse
    1187
    Hank Gerritse 2018.10.14 23:53 
     

    User didn't leave any comment to the rating

    Andrey Litvichenko
    7565
    Andrey Litvichenko 2017.10.25 08:09 
     

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    Gianfranco Fidalis
    303
    Gianfranco Fidalis 2017.10.19 09:26 
     

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    Ali irwan
    5135
    Ali irwan 2017.08.20 14:53 
     

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    Nork
    6194
    Nork 2017.07.22 20:50 
     

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    Mujeeb Abdul
    2219
    Mujeeb Abdul 2017.05.13 15:06 
     

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    Reply to review
    Version 2.82 2021.05.03
    Version 2.82
    Build compilation: 2378
    List of changes:

    - Compilation in the last build: 2378.

    The update is recommended for installation.

    Dear users, please leave your feedback and impressions of updates.
    Let me know if you find any errors in the product. This will help to eliminate them quickly. 
    Version 2.80 2021.02.04
    Version 2.80
    Build compilation: 2375
    List of changes:

    1. Updating the function library.

    This update is optional.

    Dear users, please leave your feedback and impressions of updates.
    Let me know if you find any errors in the product. This will help to eliminate them quickly.
    Version 2.78 2020.08.29
    Version 2.78
    Build compilation: 2375
    List of changes:

    1. Updating the function library.

    This update is optional.

    Dear users, please leave your feedback and impressions of updates.
    Let me know if you find any errors in the product. This will help to eliminate them quickly. 
    Version 2.77 2020.07.31
    Version 2.77
    Build compilation: 2375

    List of changes:
    1. The EA is recompiled in build 2375;
    2. Fixed too frequent modification of orders, which should reduce the load on the trade server.

    Dear users, please leave your feedback and impressions of updates,
    and also inform if you find errors in the EA. This will contribute to their quick elimination.
    Version 2.76 2020.07.22
    Version 2.76
    Build compilation: 2302
    List of changes:

    1. The interface of the information panel has been changed;
    2. Added display of buy and sell order volumes.

    Dear users, please leave your feedback and impressions of updates,
    and also inform if you find errors in the EA. This will contribute to their quick elimination.
    Version 2.75 2020.07.13
    Version 2.75
    Build compilation: 2302
    List of changes:

    1. A correction to the buttons on the trading panel;
    2. Take profit and distance between orders is now set in pips.

    Dear users, please leave your feedback and impressions of updates,
    and also inform if you find errors in the EA. This will contribute to their quick elimination.
    Version 2.70 2020.07.08
    Version 2.70
    Build compilation: 2302
    List of changes:

    1. The EA code is completely rewritten;
    2. Completely redesigned trading panel;
    3. Completely redesigned information panel;
    4. The list of EA settings has been expanded;
    5. Buy and sell orders are now configured separately.

    Dear users, please leave your feedback and impressions of updates, and also inform if you find errors in the EA. This will contribute to their quick elimination.
    Version 2.5 2020.03.07
    Recompiled in the current version of MT4.
    Version 2.2 2019.01.21
    Fixed calculation of the volume of transactions.
    Version 2.1 2018.11.01
    Now the "Semi-Automatic" mode works in the strategy tester.
    Now a series of Buy / Sell orders can be opened and closed using a graphic panel.
    Version 2.0 2018.10.29
    Added mode "semi-automatic".

    Added time filter.
    Version 1.1 2018.09.10
    Minor code correction