• Overview
  • Reviews (6)
  • Comments (2)
  • What's new

CodEx 4

2.5

Operation of the CodEx 4 Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear.

Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[10]=10011[2], the obtained sequence of candles is [bear][bear][bull][bull].

In the input parameters, the patterns for buy signals are encoded. The EA obtains the patterns for sell signals by inverting the initial patterns.


Input parameters

  • Code Set — string parameter that contains numbers separated by comma — codes of candlestick patterns for buying, used in trading and in testing of the EA.
  • Code — numeric parameter, that contains the code of the candlestick pattern of the buy signal, used in optimization of the EA.
  • Stop Loss — loss fixing level in points.
  • Take Profit — profit fixing levels in points.
  • Lot — lot size.
  • Magic Number — "magic" number of the orders.

The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD H1 in the "Every tick" mode from 04.01.2016 to 13.08.2017, with the values Code Set=34, Lot=0.1, spread=20.

Reviews 6
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 09:43 
 

Good job.

Gaspar Ávila
73
Gaspar Ávila 2017.09.22 23:07 
 

Testing gives very good results.

Also very good with USDJPY,m15 with some changes in the variables.

For it to become perfect I think you should add a stoploss in the variables.

I'll keep an eye on it.

Recommended products
Trend Analizer Bot
Pavel Predein
4.5 (2)
Experts
Automatic trading Advisor .This is a free version of the expert Advisor "Trend Analyzer Pro" https://www.mql5.com/ru/market/product/42792.В the robot is based on 2 strategies: at the intersection of moving averages and Bollinger bands indicator .In the paid version, three strategies are available, which increases profitability several times .Designed for the EURUSD H1 currency pair.It is possible to use it on other tools after optimization.Test only on tick data. ** Does not use such dangerou
FREE
Macd Martin
Roman Yablonskiy
2.5 (2)
Experts
Double Breakout   is an automatic expert advisor with two separate strateges that uses martingale. The MACD indicator with adjustable parameters is used as inputs for each flow of orders. The specified takeprofit and stoploss levels are used to exit the position.  General recommendation The minimum recommended deposit is 1000 cents. Spread is recommended not more than 3 points. It is better to use trend currency pairs. The martingale parameter can be set from 0.1 to any value. When martingale
FREE
Harvest FX
Sayan Vandenhout
5 (6)
Experts
Harvest FX 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 $30
FREE
Proftrader Free
Alexander Nikolaev
4 (3)
Experts
This Expert Advisor analyzes the last candles and determines whether there will be a reversal or a large correction. Also, the readings of some indicators are analyzed (their parameters can be adjusted). Is a free version of Proftrader . Unlike the full version, in the free version of the adviser the initial lot cannot be higher than 0.1, trading pair only EURUSD and also it has fewer configurable parameters. Input parameters Lots - lot size (at 0, the lot will be calculated from the percentage
FREE
Proffitunity
aleksandr butkov
Experts
The Profitunity version of Bill Williams in my vision The EA works according to standard indicators: Aligator + AO + Fractals To move into a deal, a pin bar is also used at a distance of N points from the Aligator (Distance Pin from Alig). To exit positions, there is TP, SL, several Trailling options, closing all orders by the total profit. NOT GRAIL but it works! The Profitunity version of Bill Williams in my vision. What about the settings of the advisor and how it works. Fix Lot - fixed lot
FREE
Morning Luck
Pavel Predein
4.8 (5)
Experts
Automatic trading system based on the morning Flat indicator, puts pending orders on the borders of the night channel .All trades have a fixed stop loss and take profit .The traded pair GBPUSD H1, can be used on other instruments after optimization. The EA contains a switchable flat indicator . The robot's operating time in the input parameters corresponds to (+2GMT). when switching to daylight saving time,you need to adjust the time manually. * Use default settings  * Does not use danger
FREE
MACD Trader FREE
Konstantin Nikitin
1 (1)
Experts
This is an automated Expert Advisor that trades using the MACD and Envelopes indicators. The free version has the following limitations. No panel for opening orders. The trading is limited to the EURUSD currency pair and similar. Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders. Pause after closing of all orders is 6000 minutes. During the analysis, no more than 50 orders are added to the database and 15 bars are c
FREE
CCI and ATR Trader
Evgeniia Terekhova
3 (2)
Experts
Советник работает на двух индикаторах CCI и ADX. Условия для входа в BUY: 1. ADX пересекает уровень 20 2. CCI пересекает уровень 100 снизу вверх 3. Выставляем фиксированный StopLoss и TakeProfit 4. Закрываем позицию по рыночной цене, когда CCI пересекает уровень 100 сверху вниз. Условия для входа в SELL: 1. ADX пересекает уровень 20 2. CCI пересекает уровень -100 сверху вниз 3. Выставляем фиксированный StopLoss и TakeProfit 4. Закрываем позицию по рыночной цене, когда CCI пересекает уровень -1
FREE
Magic Grid
Aliaksandr Charkes
4.46 (24)
Experts
Magic Grid is an indicator-free advisor that uses a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically ( one time at the beginning of the trade ). The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of di
FREE
Long Waiting MT4
Aleksandr Davydov
Experts
Expert description Algorithm optimized for Nasdaq trading The Expert Advisor is based on the constant maintenance of long positions with daily profit taking, if there is any, and temporary interruption of work during the implementation of prolonged corrections The Expert Advisor's trading principle is based on the historical volatility of the traded asset. The values of the Correction Size (InpMaxMinusForMarginCallShort) and Maximum Fall (InpMaxMinusForMarginCallLong) are set manually. Recom
FREE
Grid HLevel
Sergey Ermolov
4.54 (24)
Experts
MT5 version |  Valable ZigZag Indicator   |   FAQ The Grid HLevel Expert Advisor is perfect for those traders who want to make a stable profit in the Forex market every month. The Expert Advisor works  according to the averaging strategy and I suggest you to use it correctly. To use it "correctly" means to open trades with averaging in the reversal point of the market and trade only in the direction of a global trend. As for the direction of the main trend, I suggest to determine it by the indi
FREE
Rsi Macd EA
Alexander Chertnik
4.25 (4)
Experts
Rsi Macd Expert Advisor uses combined signal from 2 indicators (Rsi / Macd). Minimum trading account 500. best pairs: GBPCAD / EURUSD / CADJPY / USDCHF / GBPUSD / GBPJPY / USDJPY best timeframe: 1H Setting can be define by the user: rsi levels / rsi period / macd period / risk / there are no stop loss or take profit and the expert closes orders by the indicator signal. developed, tested and optimized   on "   VantageMarkets   " platform. Recommended broker > Vantage
FREE
Royal GER30
Hossein Davarynejad
4.5 (12)
Experts
Royal Ger30  This Expert Working On High Time Farm H1 , H4  the Expert can Analyze The Daily and weekly Trend of the Market and  Open Trade on H1 or H4  Trade have Not SL but have Recovery Lot size  Minim Deposit  1k  Fix Lot 0.01 For EightCap Broker because you can Trade with 0.01 on Stocks                  Full Version VIP                    product  Live Signal  live Best Time = H1 Make sure to  Add Set File  Symbol GER30,GER Cash , DE40, DE30  on Eightcap  Broker  No need Set Fil
FREE
Ict Trading robot
Tshivhidzo Moss Mbedzi
Experts
ICT  Robot  is a computerized trading system that utilizes advanced algorithms and artificial intelligence to analyze market trends and make trading decisions. The system uses a combination of technical and fundamental analysis to identify potential trades and executes them automatically without human intervention. The ICT Method Robot Trading system is designed to work with various financial instruments, including stocks, futures, currencies, and commodities, and can be customized to suit indiv
FREE
DmytriyX Impulse FREE
Dmytro Oliynyk
4.5 (2)
Experts
This is a free version of the Dmytriyx Impulse Expert Advisor. The Expert Advisor analyzes the current price dynamics when it deviates from the average value. Uses pending orders in the impulse direction, at a fixed distance, then moves the pending order in the direction of correction. You can configure the number of pending orders to be placed in the signal direction - the distance between the pending orders is LevelDist , the lot value of each new order is equal to a half of the previous one (
FREE
EA Scalping Expert
Gerard Valldosera Gomez
3 (1)
Experts
This is a fully automated scalping Expert Advisor that can be run successfully using EURUSD currency pair at H1 timeframe. This EA can't run in the same account. If you want an Expert Advisor that trades daily this is not because it requires patience to wait for a few days or weeks on the right opportunity for it to trade. It takes advantage of the volatility of the price movement.
FREE
ScalperPlus
Yuriy Kuzmin
Experts
After purchasing, you can request and receive any two of my products for free! После покупки вы можете запросить и получить два любых моих продукта бесплатно! The EA is based on third-party trend indicators, the EA has TP, SL and averaging. The entry is made on the signal of a trend indicator. By default, the currency pair is GBPUSD, EURUSD, H1 (other currency pairs are possible, and a different time interval), the recommended deposit with current settings is from $1000. You may be interested
FREE
Secret Range EA
Hong Ling Mu
Experts
Summary of EA logic Secret Range EA, as the name suggests, enters trades based on market ranges. Specifically, the EA will enter a trade when the highest or lowest price over a specified period, based on a long-term timeframe set in the EA settings, is broken. However, a price break does not necessarily mean the price will revert. Therefore, the EA uses GRID orders in conjunction. While the market tends to revert to its original price after a certain period, predicting the exact timing is ch
FREE
EA With Recovery
Che Jeib Che Said
4.5 (2)
Experts
The Expert Advisor was developed to grow user account balance persistently. To achieve this, it has two modes, normal and recovery mode. The parameters for the two modes can be changed to suit user strategy. There are also auto trade button, buy button and sell button. Auto trade button can be turned ON and OFF. Buy and sell buttons is for user to manually intervene a trade. HOW IT WORKS. The Expert will trade automatically according to the input parameters. It trades in Normal mode when there
FREE
Forex Seeker
Sayan Vandenhout
Experts
Forex Seeker  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
FREE
SAAD TrendTracker
Adnan Iqbal
4.03 (34)
Experts
SAAD TrendTracker is a fully automated EA. It is based on mathematical algorithms Trend Tracker indicator and SAADScalper. The EA scalps pips by its strong Entry strategy based on SAADScalper. Trades that are not successful to scalp are handled in a different way of uniquely designed algorithm based on Trend Tracker indicator. EA is designed for M1, M5, M15 and M30. It consults daily chart for successful trading accuracy. It consults H1 to handle unsuccessful trades using Trend Tracker Indicator
FREE
Big Chief
Joel Protusada
Experts
BIG CHIEF    Big Chief is an Expert Advisor that runs its own 2 proprietary analysis & algorithms. No indicator is used to analyze the entry point in the first method and the second method has an Ichimoku Indicator with proprietary settings. For the exit plan, it uses the proprietary Sequence Method & implement the cutlosses-let-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive profit and almost half of them ar
FREE
Bollinger Scalper EA
Robots4Forex Ltd
4 (7)
Experts
The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I
FREE
Free Spike Finder MT4
Pier Gaetano Novara
3 (2)
Experts
Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Parameters spikeFilt
FREE
Forex Fraus Dobby
Dmitriy Zaytsev
3.67 (3)
Experts
The Expert Advisor of the Forex Fraus family, the system is designed for scalping the EUR/USD pair on the M1 timeframe (for five digit quotes), and adapted for the accounts with fast execution of orders. Operation Principle Buys at the extreme Lows and sells at the extreme Highs of the Stochastic indicator values. When a signal is received the orders are opened by injection, using tick data. Positions are closed by Trailing Stop Not closed positions are closed at the opposite trade Built-in ad
FREE
Free automatic fibonacci
Tonny Obare
4.66 (47)
Indicators
Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FREE
Vanda FX
Sayan Vandenhout
5 (2)
Experts
Vanda FX 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 4 great strategies The EA can be run on even a $2000
FREE
Nasdaq Curse EA MT4
Matthew Lewis Beedle
Experts
This is a much more complex bot to what I normally try to make.  It uses Stochastics, ADX and ATR with quite complex entry mechanisms.  After testing, the EA is still doing well. You can find it in my signals, hence now officially up for sale.  It can be profitable on DAX, WS30, EUR/USD and has some interesting backtests.  Any questions just message me.  Instructions: Add to a 15min chart for the NASDAQ Bonus! Q&A that you should ask EVERY seller on this website Are you a real person, can I fi
FREE
CapitalRiskPerTrade
Mr Nisit Noijeam
Experts
Expert Advisor (EA),  MA Following  commonly known as a trading bot. It implements a grid trading strategy with the following characteristics: Moving Average and Standard Deviation : The EA uses a Moving Average (MA) as the core of its trading strategy, combined with Standard Deviation (SD) for trade entry and exit decisions. There are four types of MAs available: Simple, Exponential, Smoothed, and Linear Weighted. Users can select the MA type and set its period, as well as the period and fact
FREE
Trend Catcher with Alert
Issam Kassas
4.72 (54)
Indicators
The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail
FREE
Buyers of this product also purchase
Gold Trading AI
Ho Tuan Thang
5 (13)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2258186 Gold Trading AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders. The biggest difference of Gold Trading AI is that the EA can control the Risk:Reward ratio much better than other EAs.That is possible thanks to a set of tools to control entry
AI Gen XII MT4
Denis Kurnev
5 (23)
Experts
AI Gen XII EA This is an Expert Advisor with the latest use of Artificial Intelligence and Neural Networks. The EA runs on the top-of-the-line GPT-4o platform and also uses Advanced Discrete Fourier Imaging in ATFNet aligns the frequency spectrum of the input series, allowing for a more complete analysis of time series data. The EA also boasts trading on different strategies simultaneously and matching backtest trades and real trading, which is very important in its time.  Details about Advisor
CyNera MT4
Svetlana Pawlowna Grosshans
5 (1)
Experts
CyNera: Your Trading, Our Technology Signals:   CyNera Manual & set files: contact me after purchase to receive the manual and set files Price: The price increases based on the number of licenses sold Available copies: 5 units Trading gold, one of the most volatile instruments in the market, demands precision, in-depth analysis, and strong risk management. CyNera Expert Advisor seamlessly integrates these elements into a sophisticated system designed for optimal gold trading. CyNera’s advanced
CoreX G MT4
Arseny Potyekhin
5 (5)
Experts
Overview The CoreX G EA is an advanced trading system specifically designed to tackle the complexities of the Forex market. By leveraging cutting-edge neural networks, sophisticated machine learning technologies, and an integrated big data strategy, CoreX G delivers exceptional accuracy and security in trading. This Expert Advisor (EA) stands out due to its technological excellence and premium customer support, ensuring users are always assisted with any questions or concerns. Signals:   Live
FX EurUsd Robot MT4
Marzena Maria Szmit
5 (5)
Experts
The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
The Infinity EA MT4
Abhimanyu Hans
4.33 (6)
Experts
AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD and XAUUSD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provided by latest ChatGPT version to make your overall tra
Quantum Emperor MT4
Bogdan Ion Puscasu
4.88 (144)
Experts
Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan or Quantum Gold Emperor for free !*** Ask in private for more details New Live Sign
Z4scalp
Cence Jk Oizeijoozzisa
2.89 (9)
Experts
-------------------------------------------Introducing: Z4SCALP--------------------------------------------- Z4SCALP is an advanced trading robot that has a SL per trade, very small SL , designed without martingale.  Fake Profits Profit for two weeks and disappear with a limited loss. This expert does not work that way. My expert needs patience. After two months, the results and compound interest will appear in your account. If you are in a hurry to make a quick profit. Please do not buy this ex
HFT Prop Firm EA
Dilwyn Tng
4.97 (667)
Experts
HFT Prop Firm EA is  also known as Green Man due to its distinctive logo, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. For limited period: Free utilities worth $198 when you buy HFT Prop Firm EA MT5 version:  https://www.mql5.com/en/market/product/117386 Passing HFT Challenge Performance Monitor (starting at $200): Broker: IC Markets Account Number 21
Albatross ver4
Yvan Musatov
5 (1)
Experts
Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
Gold Scalping Expert
Vasiliy Strukov
5 (10)
Experts
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes.  This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered.  The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly
Diamond PRO
Fanur Galamov
5 (21)
Experts
Sale 30% OFF! Only 3 copies for $215. Tomorrow price --> $299.  Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an
Golden Ai EA MT4
Mansour Babasafary
3 (5)
Experts
40% discount only for the next 5 buyes (Original price: 600 $) Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert Golden Ai Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in Gold (XAUUSD) currency pair and 3 important time frames An expert who has been trained by artif
EA Gold Stuff
Vasiliy Strukov
4.73 (972)
Experts
EA Gold Stuff is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. Real-time results can be viewed  here . Contact me immediately after the purchase to get personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual   here   SETTINGS Open new series - on / o
The Gold Reaper MT4
Profalgo Limited
4.55 (29)
Experts
PROP FIRM READY! ( download  SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conser
AW Recovery EA
AW Trading Software Limited
4.36 (73)
Experts
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
Bitcoin Robot MT4
Marzena Maria Szmit
4.79 (19)
Experts
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Boring Pips MT4
Thi Thu Ha Hoang
5 (10)
Experts
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
XG Gold Robot MT4
Marzena Maria Szmit
4.48 (25)
Experts
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
Scalper Dragon
Van Hoa Nguyen
4.62 (21)
Experts
Scalper Dragon is a scalping robot developed for GBPUSD, USDCHF, EURAUD pairs. The current version adds a few features that increase system consistency. Trade with the scaling strategy on the M5 timeframe. Orders always come with stoploss, fixed takeprofit.  Download Setfile all pair Note: My account is banned from messaging for 1 week. If you buy the bot, please read the EA description carefully and install it according to the setfile. Any questions, please wait until October 31 when my accoun
Way To Stars MT4
Wei Tu
5 (8)
Experts
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
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Experts
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
EA Black Dragon
Ramil Minniakhmetov
4.79 (486)
Experts
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·          Open new series – True/False – EA will open another series of orders (enable/d
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
Experts
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
Trend Predictor EA
AW Trading Software Limited
4.69 (13)
Experts
AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the funct
Miliron mt4
Nadiya Mirosh
Experts
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
Gold Scalper Trading
Ho Tuan Thang
4.15 (13)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Experts
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Bonnitta EA
Ugochukwu Mobi
2.9 (20)
Experts
Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
Quantum Quotient MT4
Mohammadmahdi Sanei
Experts
Special offer is available at 79$   Quantum price will be increased after 24 hours Introducing the Quantum Quotient for Traders and PropFirms aspirants. This automated trading system implements a strategy without MARTINGALE and GRID tactics , meticulously constructed using proprietary technical and fundamental indicators. These methodologies have undergone rigorous testing and refinement for over a year. The Quantum Quotient strategy encompasses four key steps: 1. Supply and Demand Analysi
More from author
CodEx
Anton Gorin
4.17 (6)
Experts
Operation of the CodEx Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear. Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[10
FREE
Bamboo expert
Anton Gorin
1 (1)
Experts
Bamboo expert is based on the custom indicator Bamboo . Entry points are determined using Bamboo values. Positions are closed when reaching specified profit and loss levels or when opposite signal appears if Stop Loss and Take Profit values are zero. Input Parameters Period - Period parameter of the indicator Bamboo; Mode - operation mode of the Expert Advisor (0-7); Stop Loss - loss fixing level in points; Take Profit - profit fixing levels in points; Lot - lot size. The screenshots demonstrate
FREE
Bamboo expert 4
Anton Gorin
3 (1)
Experts
Bamboo expert 4 is based on the custom indicator Bamboo 4 . Entry points are determined using Bamboo 4 values. Positions are closed when reaching specified profit and loss levels or when opposite signal appears if Stop Loss and Take Profit values are zero. Input Parameters Period - Period parameter of the indicator Bamboo 4; Mode - operation mode of the Expert Advisor (0-7); Stop Loss - loss fixing level in points; Take Profit - profit fixing levels in points; Lot - lot size; Magic Number - "mag
FREE
Bamboo
Anton Gorin
Indicators
This is an original trend indicator. The indicator draws three lines in a separate window. Its values vary from -1 to +1. The closer the indicator is to +1, the stronger is the ascending trend. The closer it is to -1, the stronger is the descending trend. The indicator can be also used as an oscillator for determining the overbought/oversold state of the market. The indicator has one input parameter Period for specifying the number of bars to be used for calculations.
FREE
Bamboo 4
Anton Gorin
Indicators
This is an original trend indicator. The indicator draws three lines in a separate window. Its values vary from -1 to +1. The closer the indicator is to +1, the stronger is the ascending trend. The closer it is to -1, the stronger is the descending trend. The indicator can be also used as an oscillator for determining the overbought/oversold state of the market. The indicator has one input parameter Period for specifying the number of bars to be used for calculations.
FREE
Filter:
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 09:43 
 

Good job.

Matthew Todorovski
12938
Matthew Todorovski 2018.05.10 15:10 
 

User didn't leave any comment to the rating

Thomas Engel
460
Thomas Engel 2017.10.20 22:45 
 

müll

Andrey Litvichenko
7575
Andrey Litvichenko 2017.10.20 07:19 
 

User didn't leave any comment to the rating

Gaspar Ávila
73
Gaspar Ávila 2017.09.22 23:07 
 

Testing gives very good results.

Also very good with USDJPY,m15 with some changes in the variables.

For it to become perfect I think you should add a stoploss in the variables.

I'll keep an eye on it.

Evgenii Bazenko
849
Evgenii Bazenko 2017.09.20 13:14 
 

Зачем ваш советник вмешиваться в работу других советников вы нормальный???

Пахнет идиотизмом....

Устраните проблему...

Reply to review
Version 1.5 2021.07.12
Input parameter Minimum Level To Close added. Expert close position on opposite signal, only when current profit/loss in points greater settled value.
Version 1.4 2021.06.09
Input parameter Only Opening added. When it's active, expert open position but don't close it itself.
Fixed bug in condition of the position opening.
Version 1.2 2018.12.31
Input parameter Orders Type added. It allow to limit type of positions: only buy or only sell.
Version 1.1 2017.11.01
Added input parameters Stop Loss and Take Profit in points.
Added input parameter Magic Number.