Market / MetaTrader 4 / Experts /

H4 Trend

45 USD

Demo downloaded: 380

Published: 3 July 2019

Current version: 1.36

H4 Trend

Experts
Kenneth Parling
Version: 1.36
Updated: 15 August 2020
Activations: 7

Introduction

H4 Trend Forex trading robot - An easy to use and fully automated trading robot designed to trade the H4 chart to catch trend movements. Buy/sell signals generated by crossing moving average indicator. Orders always use virtual stop loss,take profit and trailing stop plus a following hard stop just in case a loss of sever connection occur to secure funds.

Characteristic features

No dangerous techniques such as martingale, hedging or any other
Low draw down
Safe stable trading
Easy to optimize, focus on TP/SL and trailing levels plus indicator
Virtual take profit, stop loss and trailing stop levels
ATR (Average True Range) calculated take profit and trailing stop
Risk assessment - Trade with fixed lots or dynamic position size percent (dynamic always recommended)
ADX trend strength filter
Low initial deposit - $200/$20 for cent accounts based on account leverage 1:400-1:500
Default settings ready to be used on EurUsd H4

Optimizations

A period of minimum 6 months more/less are quite good enough to obtain good settings to use. H4 Trend's default settings optimized on EurUsd with high quality Ducas copy tick data and fully tested on 'Every tick' with variable spread and slippage, commission and swaps - as near live trading as it gets!

Expert menu settings

I refer to screenshots

In general how to Purchase/install/update a market Product

https://www.mql5.com/en/articles/498

more...

1483

PeterSwaby 2019.08.13 10:41 #

This is a very good expert advisor and I have made money using it.

Regards

Peter

Update: I have just tested the latest version, v1.32, of H4 Trend in backtest using Ducas tick data for EURUSD and USDCHF and profits were made with a low drwadown in both cases.

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Introduction Forex Martingale Multi Swap, the expert who focus on positive swap rates. This expert only trades in the direction of positive swaps in order to avoid negative charges and this in turn means that if the order were to be exposed to overnight swap interest fees, these will always be positive and you gain extra from this. The expert is of the multi-trade type and handles up to 28 Forex major/minor symbols at once from a single diagram, which makes it very efficient and easy to read. A

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Introduction 'Virtual OCO Pending' - a semi automatic order management utility tool (expert adviser) with risk assessment which let's you quickly place pending stops or limits with a button click at current price with virtual take profit and stop loss using OCO pending rule (One Cancel Other). Visual levels drawn on chart for easy visual confirmation. You can use this utility from one single chart to send orders on any other symbol you want, no need to attach it to the corresponding chart (optio

30 USD

Introduction Expert 'Simple RSi Unlimited' - Simple? yes! Suits both the novice trader as the professional and all in between. Entry signals by well known and popular Relative Strength Index. Equipped with trailing stop and break even to secure position profits. No dangerous trading techniques used and this expert never interfere with other experts you may run on the same account. Default expert presets Works on any time frame and most common Forex symbols, tested only on EURUSD. You must make

45 USD

Introduction Forex Martingale Multi M4 expert for Meta trader 4 is a martingale based algorithm equipped with trading signals based on the Relative Strenght Index overbought/oversold price model. Security is a must for a martingale algorithm in order to counter a completely wipeout in the best possile way, and of course this is included. It is important to point out and that the user understands that the use of martingale is not completely risk-free and should be taken very seriously as MetaTech

60 USD

Introduction Expert Randomizer for Meta Trader 4 - Trading robot based on pure randomness. No indicators, nothing at all - only pure randomness will open a trade, either a buy or a sell. So, ask your self - Is it your lucky day or not? you can never really know. It's like walking into a casino placing your bet on either black or red. You could be extremely lucky and make some really good profits or....very very unlucky and loose. Don't cry if you loose, you've been warned! Randomizer does not u

45 USD

Introduction Virtual TPSL Close M4 order management utility tool (expert adviser) manage your existing open positions made by another expert adviser you use or your manual opened orders and closes them with virtual take profit and stop loss levels. Adviser operates in complete virtual mode, no visual levels present more than a colored arrow object drawn when the monitored position been closed whether it's in profit or loss to mark it's closing position on chart if one open and present with the u

30 USD

Introduction The Mighty Alligator - a trend-following indicator following the premise that financial markets and individual securities trend just 15% to 30% of the time while grinding through sideways ranges the other 70% to 85% of the time. The Mighty Alligator indicator uses three smoothed moving averages, set at five, eight and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that s

40 USD

Introduction VR MFI Expert M4 - Safe,stable and quite simple trading robot based on Money Flow index. Equipped with virtual (VR) take profit, orders always set with initial stop loss (ISL) in case a loss of connection between broker server and terminal occur to secure funds if a sudden market move arise in the wrong direction. Additionally, trailing stop available to secure position profits. How does it work? Any Forex major/minor (no metals or other) symbol can be traded after optimization and

45 USD

Plot History Mt5, an indispensable script for the trader that analyzes the trading history of your trading terminal and account performed by expert advisors. The analysis method is based on the symbol diagram on which the script is run as well as the magic number, a specific or a complete analysis of all magic's used by one or more experts. The script analyzes trade data and can plot these on the chart, print out detailed trade information in the expert log and export analyzed data to csv. Adva

40 USD

Multi Chart Refresh Mt5, is a fast, smoothly indispensable script that makes it possible to refresh several charts simultaneously from one and the same. Multitasking makes this possible as you can choose in advance which symbols you want to refresh. How does it work? Open up any chart, drag the script from the navigator and drop it on the chart. Set the desired symbols and click OK, done! Note that this is a script and no expert advisor, the program removes itself from the chart when the task i

40 USD

A common sense approach to price observation Buy when prices are going higher and sell when prices are going lower The above statement of buying when prices are going higher or selling when prices are going lower may be too broad and therefore it may need some guidelines and rules, this is where The 3 Duck’s comes into play. Price Average Mt5 indicator will help you identify buying opportunities in the direction of the last uptrend and selling opportunities in the direction of the last down

40 USD

ROC Price Histogram Alert is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago. ROC is plotted with a histogram against zero, with the indicator moving upwards into positive territory if price changes are to the upside, and moving into negative territory if price changes are to the downside. The main step in calculating the ROC period, is the 'calculated period' input setting. Shor

40 USD

Filter:

296

matzepang 2019.09.20 16:22 #

User didn't leave any comment to the rating

1483

PeterSwaby 2019.08.13 10:41 #

This is a very good expert advisor and I have made money using it.

Regards

Peter

Update: I have just tested the latest version, v1.32, of H4 Trend in backtest using Ducas tick data for EURUSD and USDCHF and profits were made with a low drwadown in both cases.

Version 1.36 2020.08.15

This version;
1: A tiny pointer bug fix

Version 1.35 2020.05.16

This version;
1: An alert message was removed

Version 1.34 2020.05.06

This version;
1: Some minor improvements to order module and risk assessment
2: Settings menu simplified by numbering
3: Hard stop now automatically adjusted against virtual stop loss

Version 1.33 2020.03.18

This version;
1: New risk assessment system - Dynamic position sizing or fixed lots size
2: Small bug fixes - removal of unused switches

Note: Use advisers default settings only on EURUSD time frame H4

Version 1.32 2019.09.16

This version:
1: ADX filter added. Now you can choose desired trend strength for market entries
2: New optimized set file added in comments field (EURUSD H4)

Version 1.31 2019.08.30

This version;
1: A reminder to all users of this product - Leaving a review after a while of usage
Activated upon initiation and chart removal

It's important that you leave a review about this product and this is general practice for any other products in common, in order for me as a developer and other users to get a grip on how you experience using the product in question. Please just don't ignore this!

Review system available for all products in general - it has a purpose and should not be forgotten or ignored as it's quite important!

Version 1.3 2019.08.17

Important update! this version;
1: Hard stop loss added in case a loss of connection between terminal and broker
2: Minor adjustments to virtual order management
3: Code improvements and minor bug fixes

Version 1.2 2019.07.20

New version update with virtual (broker hidden)take profit, stop loss and trailing stop. Now your broker doesn't have a clue of what levels H4 Trend use in it's orders and the orders also get executed where they suppose to be executed as spreads and stop levels now ignored by H4 Trend EA as all levels are hidden and not stored at the brokers server! Plus a bit more profitable :)

Version 1.1 2019.07.18

Upgraded version with Average True Range calculated take profit and trailing stop. As a result of this upgrade now H4 trend will be a lot more profitable. On the other hand a test was done with atr stop loss as well but this didn't work that good and resulted in an increase of draw down which we don't want right ;)

I also want to say thanks to all who purchased this expert adviser and i wish you all the best success with it and don't forget to leave a review later on ;)