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Chaos Trader Lite

1

Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This Expert Advisor, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader with name attribution. Conducting research I found that Bill Williams wrote a book using chaos theory to trade the markets. The Bill Williams indicators are useful when trading using chaos theory.

The EA locates bearish and bullish divergence and initiates a trade at the possible beginning of a trend change, this is the first wise man. Next, it will attempt to add positions if the trade is going in the correct direction based upon the Awesome oscillator, when the Awesome indicator repeats three up bars for buys-stops or three down bars for sell-stops, this is the second wise man.

The third wise man is based on fractals. When a fractal is formed, a buy stop goes above it if it is a buy fractal and vice versa. Supposedly, during a trend there are moments where the trend stops for a moment and then recovers, this is designed to have you add to your positions at those recovery moments. Suggest adding fractal indicator along with Alligator indicator.

If at any time it gets a notice that it is trading in the wrong direction, it will close all the trades in the wrong direction and open one up in the direction it believes to be correct. The Expert Advisor has six parameters.

  • magnitude = 10 - pips of distance you want to be from the mouth of the Alligator.
  • UseFirstWiseMan - if you want to take first wise man trades.
  • UseSecondWiseMan - if you want to take the second wise man trades.
  • UseThirdWiseMan - if you want to take the third wise man trades.
  • lotSize - size of the lots you want to trade with.
  • magic - unique identifier for this EA.

"The market is a creature of chaos—A far from equilibrium soup simmering on the uneven flame of trader psychology."

Gregory-Williams, Justine. Trading Chaos: Maximize Profits with Proven Technical Techniques (A Marketplace Book) (Kindle Locations 591-592). Wiley. Kindle Edition.

This is not a guarantee of any profits. Above is just a citation to the book I used to draw inspiration from for the creation of the Expert Advisor. This Expert Advisor is a proof of concept project and is not a money making endeavor. That is why it is free of charge.

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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
EA Black Dragon
Ramil Minniakhmetov
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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
XG Gold Robot MT4
Marzena Maria Szmit
4.5 (26)
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 Ai Expert
Vasiliy Strukov
4.56 (9)
The artificial intelligence system analyzes a variety of indicators, including fractals, volumes, price action and decides to enter a position. Does not use grid and martingale. It has been successfully tested for more than 10 years of history Scalper AI uses two strategies in order to place pending orders in crucial market points.  1st strategy uses specific fractals of two different timeframes and 2nd one analyzes price action based on volume and places pendings on lows and highs. Stop loss is
MAX Gold 1
Peng Peng Gao
这是一种全自动智能自适应算法。MAX Gold  系统计算历史数据,并根据即将突破支撑位和阻力位的概率百分比执行分析,并下达挂单。 EA 交易可适应任何市场条件。它使用质量为 99,9% 的真实刻度进行了回溯测试和优化。它已成功完成压力测试。 EA 包含统计信息收集算法,并在信息面板上输出。 建议选择ECN经纪商和点差最低的账户。 货币对/时间框架: EURUSD M30、 EURUSD H1、 USDJPY M30、 USDJPY  H1、   GBPUSD M30 、 GBPUSD  H1 、 XAUUSD M30 推荐货币对/时间框架: EURUSD   H1 、USDJPY   H1   or  EURUSD   M30 、 USDJPY  M30  or  XAUUSD M30 需要 VPS。 要求和建议 5 位引号。 最大点差:0 - 20 点。 最低存款额:100 美元。 最大止损水平:0 - 5 点。 建议使用 1:100 或更高的杠杆。 如果您在同一个账户上使用多个 Advisor,请确保所有 Advisor 都有不同的 Magic Num
Aura White Edition
Stanislav Tomilov
3.67 (6)
Aura White Edition   is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of   Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPU
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We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So if you are looking for reversals then you may want to take notice when oversold territory is entered into with a bullish engulfing candle or if the trend is your thing then check for bearish engulfing candles while entering oversold. This indicator will show a downward arrow when it detects a bearish engulfing candle while cro
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How would you like to instantly know what the current trend is? How about the quality of that trend? Finding the trend on a chart can be subjective. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. It also identifies those times when the market is not trending. Theoretically, you could trade with the trend when the tre
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Consecutive candles can give us an indication as to the strength of a trend. With this indicator, you can set the number of consecutive bull or bear candles you wish to be present before achieving a valid signal of RSI crossing into overbought or oversold. With this information, you can better judge if a continuation or reversal situation is about to present. RSI has two settable levels Interesting settings: Number of consecutive candles needed before a valid signal Overbought level of RSI Ove
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Optimizes the value of overbought and oversold on each new bar. This expert strives to choose the best values for a simple strategy where it sells when the indicator crosses below an overbought level and executes a buy when it crosses above an oversold level. The best overbought and oversold level is calculated on each new bar according to how that value would have performed during the optimizing periods which can be specified. Inputs Unique number for this EA - can be any integer value. Optim
The Wolfalizer Indicator combines the functionality of the  Engulfing Stochastic  along with the  ConsecutiveRSI  and adds alerts along with more detailed output to the journal. This Indicator will alert you when RSI or Stochastics cross into oversold or overbought. You can set the oversold and overbought levels for RSI and Stochastics separately. You can pick if you want an engulfing candle to appear on the cross or set a number of consecutive candles you would like to see. Interesting Inputs i
ZenFin
John Davis
This expert adviser works with EURUSD, AUDJPY, GBPJPY, NZDJPY, GBPJPY, NZDJPY, GBPCHF, GBPCAD, GBPAUD, and EURNZD. This EA utilizes similar mechanisms from the Swing Points indicator to generate Fibonacci levels. With these levels it picks the best time to enter and exit a trade. When trading with this system look forward to a daily bonus, because it detects and trades only in the direction of positive rollover. This bonus amount over time can be considerable and is not shown when back testing w
Swing Points are those places on the chart where price changes direction. This is an MT5 version of my MT4 Swing Points Indicator. Found on the code base at  https://www.mql5.com/en/code/15616  and in the market at  https://www.mql5.com/en/market/product/22918 The beginning input parameters allow you to configure your alerts. Turn on screen alerts  allows you to turn on and off screen alerts. True is on, false is off. Turn on push to phone alerts allows you to turn on and off push to phone ale
The Wolfalizer Indicator combines the functionality of the Engulfing Stochastic  along with the ConsecutiveRSI  and adds alerts along with more detailed output to the journal. This Indicator will alert you when RSI or Stochastics cross into oversold or overbought. You can set the oversold and overbought levels for RSI and Stochastics separately. You can pick if you want an engulfing candle to appear on the cross or set a number of consecutive candles you would like to see. Interesting Inputs inc
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Matthew Todorovski
12938
Matthew Todorovski 2018.05.10 15:51 
 

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Andrey Litvichenko
7577
Andrey Litvichenko 2017.10.21 13:03 
 

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Evgenii Bazenko
849
Evgenii Bazenko 2017.09.19 18:18 
 

Самый идиотский эксперт которого я видел 80% сделок закрывает в минус...

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