Market / MetaTrader 4 / Experts /

Flexible EA

100 USD

Demo downloaded: 831

Published: 26 April 2018

Current version: 6.55

Flexible EA

4.3

Experts
Nicolas Zouein
Version: 6.55
Updated: 14 December 2023
Activations: 5

Flexible EA works by loading your custom indicators into the EA to trigger Buy/Sell signals and TP/SL signals, also it has built-in advanced grid, averaging, trailing, and filtering systems.

Many times it happened that you grabbed a nice indicator and sat watching its beautiful blue and red arrows or dots popping up on your chart indicating buy/sell signals that you only wished if you can backtest this indicator to see it's performance.

Well this happened to all of us and many many times. On top we all wasted money creating EAs just to be able to backtest a heroic indicator which ends up being a total loser.

Here comes Flexible EA, just fill in your custom indicator's name and run a backtest, you can endlessly backtest the 10's or 100's of indicators that you have lying around, you can even auto trade with Flexible EA, it comes loaded with many features.

It is very important to read my blog here to fully understand how Flexible EA works.

Chart TimeFrame: any

Supported Indicator Type: Indicators with buffers that show buy/sell signals as arrow up/down, red/blue dot, histograms, etc.

Features of Flexible EA:

Load your custom indicators into the EA and set which is the Buy/Sell signal buffer.
Either trade single orders or enable the grid trading system to follow up and average your orders.
Average your trades with a basket Take Profit system or enable Trailing for the entire baskets.
Set a minimum distance (pips) between opening same kind trades for grid trading, a distance multiplier to avoid opening many orders.
Built-in Filters: Start/Stop Time filter, advanced MA filter, RSI filter, News filter.

Parameters

General Parameters:

Trade Comment: Your comment here.
Magic Number: 90211

Trading Parameters:

FIFO Compliance: False (enable this parameter for FIFO brokers only).
Trade Direction: BothDirections (forces the EA to trade in one direction only or stop trading).
Time Filter: False (allows the EA to open the first trade according to the timer below).
Start Hour: 0 (Time Filter related).
Start Minute: 0 (Time Filter related).
Stop Hour: 0 (Time Filter related).
Stop Minute: 0 (Time Filter related).
Trade on Friday?: Yes.

Indicator Parameters:

Select your signal source: No_Indicator (This is a very important part: Please read the Blog)
Exact name of your Custom_Indicator_A: IndicatorArrows (Please read the Blog).
Custom_Indicator's Timeframe: current (Please read the Blog).
Custom_Indicator's Buy Buffer#: 0 (Please read the Blog).
Custom_Indicator's Sell Buffer#: 1 (Please read the Blog).
Indicator Shift: 1 (recommended 1 for Custom indicators and 2 for the Fractals indicator).

Built-in Filters:

News Filter

Enable News Filter?: No (Enables the News Filter, pauses trading before/after news).
News GMT Offset: -3 (Set the correct GMT Time offset to match the time difference between your broker and the news on chart)
News Symbol Filter: USD,EUR (Comma separated list of the symbols you're interested to see on your chart).
High impact Before/After pause duration (min): 20 (Stops trading before and after a high impact news release)
Medium impact Before/After pause duration (min): 10 (Stops trading before and after a medium impact news release)
Low impact Before/After pause duration (min): 10 (Stops trading before and after a low impact news release)
Update News every? (hour): 4 (Downloads updates for the news)

Note: For news to work properly you need to Allow WebRequest for listed URL: http://news.flexibleea.com (Please read the Blog).

RSI Filter

Enable RSI Filter?: No (Enables the built-in Relative Strength Index Filter).
RSI Period: 14 (RSI Setting)
(Oversold lvl) Allow Buy’s Below: 30 (RSI Setting)
(Overbought lvl) Allow Sells Above: 70 (RSI Setting)
RSI TimeFrame: current (RSI Setting)

MA Filter

Enable MA Filter?: No (Enables the built-in Moving Average Filter)
MA Period: 150 (MA Setting)
MA Method: Exponential (MA Setting)
MA Shift: 0 (MA Setting)
MA Apply to: Close price (MA Setting)
MA Timeframe: current (MA Setting)
Allow Buy’s if price is: Above_MA_Line (Select either Above or Below)
Allow Sell’s if price is: Below_Ma_Line (Select either Below or Above)
Minimum distance from MA line (pips): 20 (Important, Please read the Blog)

Lot Sizing, Take Profit and Stop Loss Parameters:

Lot Sizing Method: FixedLot (This determines the size of the starting trade size to be either a fixed lot size or a risk % based on the balance of the account).
Fixed Lot Size: 0.01 (if FixedLot is selected, here you specify the starting trade lot size).
MoneyManagement Risk Percent: 0.002 (if MoneyManagement is selected here, you specify the percentage of the balance to use for the starting trade lot size).
Select the Basket type: Split_Basket ("Split_Basket: Buy's basket separated from Sell's basket" "Joined_Basket: Buys and Sells baskets both joined into one").
Enable the hidden basket TP?: Yes (You might need to disable it to use other sources for TP)
Hidden Basket TP (pips): 7 (The minimum Take Profit basket of the same kind trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
Enable the hidden basket SL?: No
Hidden Basket SL (pips): 100 (The maximum Stop Loss basket of the same kind trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
Close on opposite signal from Custom_Indicator_A?: No (Blindly closes your trades when opposite signals appear from Custom_Indicator_A)
Enable Trailing?: false (If enabled trails the whole basket of same kind trades, it is suggested to disable "the hidden basket TP" when using trailing).
Trailing Distance (pips): 6 (The distance the price has to move above or below the "Trailing min Profit" before the trailing makes a "Trailing Step" to move the SL)
Trailing Step (pips): 3 (When "Trailing Distance" is reached the "Trailing step" moves the SL xx pips as per it's setting).
Trailing min Profit (pips): 20 (This is the minimum TP in pips that has to be achieved before the Trailing takes over).
Enable Money Profit?: False (Attention: Money Profit monitors/closes all open orders of all symbols of all EA's on all charts).
Profit in money to close ALL open trades: 100.
Use Custom_Indicator_B Signals for TP?: No (You can choose to get your TP signals from a second custom indicator by enabling this function).
Minimum profitable TP pips from Buffer to close: 5 (This is the minimum TP that is required from indi_B before closing a trade).
Exact Name of Custom_Indicator_B for TP: IndicatorArrows (Enter the name exactly as the indicator's name with respect to caps and spaces).
TP Custom_Indicator_B Timeframe: current (Drop down selection to change the indicator's time frame).
Custom_Indicator_B LONG orders TP Buffer#: 0 (The buffer# from where to get the TP closing signal for the long trades).
Custom_Indicator_B SHORT orders TP Buffer#: 1 (Input the buffer# from where to get the TP closing signal for the short trades).
Custom_Indicator_B TP Shift: 1 (Recommended 1).
Use Custom_Indicator_C Signals for SL?: No (Same as above).
Min unprofitable SL pips from Buffer to close: 0 (This is the minimum SL for trades to close).
Maximum unprofitable SL pips from Buffer to close: 100 (This is the maximum SL that is allowed before closing a trade).
Name of Custom_Indicator_C for SL: IndicatorDots (Same as above).
SL Custom_Indicator_C Timeframe: current (Same as above).
Custom_Indicator_C LONG orders SL Buffer#: 5 (Same as above).
Custom_Indicator_C SHORT orders SL Buffer#: 6 (Same as above).
Custom_Indicator_C SL Shift: 1 (Recommended 1).
Allow grid trades?: Yes (Enable or disable the Grid Trading system from here).
Grid opens on Indicator_A signals? : Yes (Allow to open grid trades with signals from custom Indicator_A).
Grid trades Lot Sizing method: Lot_Multiplier (Multiplication or Addition method, Blog)
Lot Multiplier Short: 1.50 (Lot size multiplier for the next Sell grid trade).
Lot Addition Short: 0.02 (Lot size addition for the next Sell grid trade).
Min Trade Distance Short (pips): 5 (minimum positive pips required in price change to open the next Sell trade).
Next_Trade_Distance_Multiplier_Short: 1.0 (Auto increases the "Min Trade Distance Short (pips)" by multiplying it's value. Blog)
Max Short Grid Trades Allowed: 15 (The maximum number allowed of all open Sell trades)
Lot Multiplier Long: 1.50 (Lot size multiplier for the next Buy grid trade).
Lot Addition Long: 0.02 (Lot size addition for the next Buy grid trade).
Min Trade Distance Long (pips): 5 (minimum negative pips required in price change to open the next Buy trade).
Next_Trade_Distance_Multiplier_Long: 1.0 (Auto increases the "Min Trade Distance Long (pips)" by multiplying it's value. Blog)
Max Long Grid Trades Allowed: 15 (The maximum number allowed of all open Buy trades)

Notification Parameters:

Send Push Notifications on DrawDawn?: No (if enabled sends you push notifications on your MetaTrader 4 phone app, this option requires you to have a MetaQuotes ID which you can get for free from your account settings on mql5.com).
DrawDawn Threshold %: 50 (the threshold to trigger a push notification, once the account has a drawdown of -50%, a push notification is sent to you).

Debugging Parameters:

Enable Printing in the Journal?: False (Prints out many details in the Journal, Slows down the backtesting process, disable while backtesting for faster performance).

more...

1139

tonton33 2018.09.15 12:02 #

Its great EA and very stable.and Nicolas support very polite and helpful.

I'mvery satisfied.

1820

Mark Vaines 2018.06.20 16:26 #

So far so good very flexible and improving all the time. Every time this EA is updated it adds a new dimension to trading. Keep it up Nick - awesome tool - if you have a trading idea you might be able to implement it with this EA. I did and at the time of writing had started a signal using parameters from this EA.

https://www.mql5.com/en/signals/440640

TheUnknown 2018.06.13 12:15 #

Great EA! Very stable. Exactly what I was looking for and Nicolas has been very helpful.

The EA gets frequent updates, and new features are added regularly.

Keep up the good work.

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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price

799 USD

Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t

499 USD

AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor The price of the advisor will increase significantly as I have allocated a specific number of copies. I will adjust the price as s

799 USD

Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t

999 USD

- Real price is 1000$ - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive Gold Trade Expert for Free ! Contact me for this BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with many AI conditions to find best position trades. The focus of the EA lies on safety, whi

299 USD

EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p

2 600 USD

Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial in

599 USD

The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf

195 USD

ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account

399 USD

Bonnitta EA is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of Bonnitta EA is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B

5 500 USD

This Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx. It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file Features: Every trade is

666 USD

Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the low

790 USD

Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals: Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price

690 USD

Aurum Apex EA Description Aurum Apex EA is a robust 100% automated trading tool designed for the MT4 Platform. It performs real-time market analysis, detecting various trading opportunities. Suitable for traders of all levels, Aurum Apex EA offers three risk modes, adjustable via the Risk parameter: Risk = 0.1 (Low Risk): Ideal for new traders who are unfamiliar with gold movements. This setting minimizes surprises while building confidence. Risk = 0.2 (Medium Risk): Recommended for experienced

399 USD

Welcome to Indicement! PROP FIRM READY! -> download set files here LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Ultimate Combo Deal -> click here JOIN PUBLIC GROUP: Click here LIVE SIGNAL INDICEMENT brings my 15 years of experience in creating professional trading algorithms to the Index markets. The EA uses a very well thought out algorithm to find the best entry price and runs multiple strateg

399 USD

This is a must have tool for a serious trader. It saves your precious time spent for opening/closing trades, creating pending trades and modifying your TP/SL in bulk according to either pips or price. If you need to quickly open several pending orders (Buy Stop, Sell Stop) at a certain distance from each other, this script will do all the routine for you! The first time you use this handy tool, you will realize it has already paid for itself. Instructions: Drag and drop this script onto a chart.

100 USD

Did you ever wish if you can control how to auto close multiple trades in your account that are opened by multiple/different EA's ? Well.. Good news.. You're at the right place because now you can do this with MagicClose. Below are the inputs of MagicClose, going through them will give you a detailed idea what this handy EA is capable of: Chart timeframe: any Parameters Settings to control the Buys open trades: Enable Buys monitoring - true/false Buys Magics to monitor - Enter magic number fol

75 USD

30 USD

Merlin Grid is a fully automated EA that uses a clever combination of grid, price action, fast scalping, smart filtering and artificial intellect (artilect) to determine profitable entry and exit points into the FX market. Merlin Grid is optimized and backtested over a period of 8 years (2010–2018). Download the free demo version and give it a run yourself. Visit Merlin Grid's blog for set files, news, updates, wish list, etc. Characteristics FIFO compliance option. Price averaging of same kin

250 USD

GoodBoy EA is a new concept developed after many years of Forex trading experiences. It uses multilevel complex algorithms and multitimeframes analysis to detect trends. It trades in the direction of a strong market impulse. The EA is optimized with it's default settings to pass backtesting from 2011 to 5-Aug-2018 (Release date). Please visit GoodBoy's Blog for set files and other notes. Characteristics of the EA FIFO compliance option. Price averaging of same kind trades (Buys separated fr

50 USD

The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Para

50 USD

Filter:

339

Oscar Garcia 2019.05.31 05:35 #

Maybe this could be a grear ea, but if you need help forget about contact developer. I rented for a month and I asked him for help, it has been a month and I'm still waiting for an answer. I won't renew subscription.

1139

tonton33 2018.09.15 12:02 #

Its great EA and very stable.and Nicolas support very polite and helpful.

I'mvery satisfied.

408

Al Bundy 2018.06.21 13:01 #

Hi,

very well done.

With last update now trailing is implemented.

With a good indicator it will be a great winning team.

Parameter for set file is still missing. This would be no problem if one codes an own indicator.

One negative, so one star minus but not because of this EA: in this combination one coudn't use strategy tester for best indicator settings - only for EA settings. Do you know a solution or workaround?

best regards

edit:

-* Strategy tester doesn't trade with custom indicator.

-* Got no support for custom parameter handover although offered.

1820

Mark Vaines 2018.06.20 16:26 #

https://www.mql5.com/en/signals/440640

TheUnknown 2018.06.13 12:15 #

Great EA! Very stable. Exactly what I was looking for and Nicolas has been very helpful.

The EA gets frequent updates, and new features are added regularly.

Keep up the good work.

hic77 2018.06.13 12:05 #

Flexible Ea: Fantastic !! Easy simple intuitive to configure. Finally an EA that will always be useful. The best money spent in Mql5. Great support !! Thank you.

558

noshali 2018.05.18 07:32 #

Awesome EA. Works as advertised. Support is 5 stars and more. Best support ever.

UPDATE

Nicolas is very cooperative and listens to every piece of feedback given. Have been using this EA on a regular basis to test indicators that was not possible providing better analysis. Also, do note that NO indicator in the world is 100% correct all the time...so keep your expectations in the right place. This EA will help you weed out crappy indicators and save you a bundle.

197

alrefai 2018.05.16 07:13 #

Creative EA! The developer is very cooperative with fixing bugs and implementing new features when requested. looking forward for new versions

608

Flaviano Moreira Filho 2018.05.05 13:38 #

This is a great tool with a lot of options. The author Nicolas has replied to my questions and has made improvements to the EA based on my feedback so I am very impressed and I highly recommend it.

595

Prinay 2018.04.27 17:14 #

Great EA! So far so good. Will test it out over the next few weeks and provide a more constructive feedback. Great work so far.

Version 6.55 2023.12.14

Fixed a bug that prevented the EA from closing trades properly on target.

Version 6.50 2023.11.01

Added A "Buy & Sell" 2 separate average lines, also TP & SL 2 separate lines to show on chart.
Added the option in "Trade direction" to select "No Trading" to prevent the EA from opening new trades.
Added more details to be show on the dashboard related to the # of open trades, average price ..etc
Added a monitor to see the EA's profit/loss on it's dashboard and an entry to close all the EA's trade on a preset money profit target.
Added a "Max spread" entry filter.

Version 6.39 2023.09.04

Added the option to allow the EA to open grid trades without relying on the custom Indicator_A signals.

Version 6.38 2018.06.20

Fixed a bug related to the News Filter which prevented the EA from opening orders even if the filter was disabled.

Version 6.35 2018.06.11

- Added a built-in Trend detection which shows "Trend Up" or "Trend Down" on the dashboard.
- Added an option for TP and SL to select either a "Split_Basket" where the Buys basket is separated from Sells, or a "Joined_Basket" where Buys and Sells are combined and calculated into 1 joined basket. This option comes as per Mark Vaines suggestion. Thanks to him.
- Added "All Account Money Profit" which monitors/closes all open orders of all symbols of all EA's or manual on all charts. Mark Vaines also.
- Added a debugging option when enabled prints many details in the journal.
- Fixed a bug in "Use Custom_Indicator_C as SL" which was not closing orders properly on signal.
- Added a parameter "Min unprofitable SL pips from Buffer to close".
- Fixed a bug in "Time Filter"

Version 5.90 2018.05.28

- Added the 'trailing' functionality as per users suggestions.
- Added a section for TP/SL to close each on their own custom_indicator, they are no more related to the main custom_indicator that opens the main trades.
Now you have the option to close your trades using MA crossing or Bollinger Bands or whatever you might imagine as long as you find an indicator for it.
- Fixed Money Management (risk percent) not opening lots properly.
- Fixed a bug in the grid trader.
- Now the dashboard auto disables for faster backtesting.

Version 5.0 2018.05.17

Added:
- Minimum profitable TP pips from Buffer to close a trade
- Max unprofitable SL pips from Buffer to close a trade
- News Filter
- Dashboard

Version 4.40 2018.05.04

New additions to V4.40:
- MA Filter (with trade options)
- RSI Filter
- Close on opposite signal
- Grid Lot Sizing Method (either lot_multiplication or lot_addition)
- Added "No_Indicator" to Signal Source (The EA relies on the "Min Trade Distance" to open grid trades)
- Removed the built-in drop down list of "Buffer#" fixed selections so that users can input any number they want.
- Added the option to Take Profit or Stop Loss according to the Custom_Indicator signals.
- Option to Enable/Disable the grid trader. If disabled only a single buy or sell will happen.