Market / MetaTrader 4 / Experts /

Levels Trader

399 USD

Demo downloaded: 78

Published: 19 November 2020

Current version: 1.2

Levels Trader

Experts
Heiko Kendziorra
Version: 1.2
Updated: 22 November 2020
Activations: 8

The unique Levels EA trades dozens of profitable strategies in any chart. All strategies are easy to understand, can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be downloaded in the Comments section and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy.

No martingale, no grid, always just one order open with StopLoss. Levels Trader works in any chart.

Parameters like moving averages or volatility can be considered in the setup. Its current value is shown in a comment in the chart, values from the past and more info is shown in 'Experts'. Levels Trader enables active traders to trade own ideas, future versions will make more setups possible in an easier way.

Timing is important! Set SetUTC (GMT) according to the timezone of your broker! More info in Comments.

For a correct backtest download M1, M5, H1, D1 and W1 data for the test period and use set files as provided in the comments!

Settings

(As space here is limited see info in the screenshots below and in the Comments section)

SetUTC - timezone. Default set UTC=2 is best, used by many brokers
Auto_Moneymanage: automatic money management On or Off
MiniLots: if true, Auto_Moneym. has steps of 0.01 lot
MaximumRisk: % of account free margin set on risk for a trade
Lots: lot size if Auto_Moneym. is disabled
OrderQuantity: 1=Single 2=Hedging 3=Multi
BuyTrigger: a acronym describes what triggers a trade. If set 'any' a trade is triggered if all following settings are met.

If set 'hhd1cup' it means: highest high of day 1 (the day before) crossed up

- If a candle opens below the high of the former day and closes above it (it crosses hhd1) a buy is triggered.

If set hhd1cup in SellTrigger it opens a sell. In the Comments is list of acronyms to trigger (or suppress) trades.

Any high or low of former days or weeks or month can be used. The levels are drawn as horizontal lines in the chart if the last setting DrawLines=true.

To understand the following easier read the description of the indicator: Support Resistance Free

If a main trigger condition is met, the settings below filter it. If only the main trigger condition is met for buy a sky-blue arrow marks it in the chart.

If the conditions of the filters below are also met the arrow is blue. For sell trades the arrow is orange-red or red if all conditions are met.

How to adapt given strategies for other pairs or develop own strategies see in the Comments.

AddBuyCond: describes further conditions that must be met to trigger a trade.
Up to 9 conditions can be set in a line, a number at the start of the line states if just one or all conditions must be met. (and or or connection)
ExcluBCond1: Ex..2 etc describe further conditions that must be met to block trades (again a number states: and or or)
StopLossBuy: distance of stop loss
TakeProfitB: points profit when a buy order is closed
SLtoEntryPointsB: points profit when the stop loss is set to order open price
EntryOffsetB: distance where the stop loss is set above order open price
StartTrailBuy: distance where the trailing stop starts acting
TrailDistanceBuy: distance where the trailing stop sets SL
HourStartStopBuy: EA start and stop hours
HoursNoTrB: hours when no buys are triggered. up to 6 hours can be set
MoHrStartStopB, TuHrStartStopB etc set start and stop hours for each weekday
FilterB1dma ..B2 ..B3 set min + max values for 2 moving averages at 3 periods of time, this + below see Comments
MinutesNoTradeB1 ..B2 ..B3 set the minutes when EA not trades
VolaB1minB1 ..B2 ..B3 set the minimal volatility
Then follow same setting for Sell orders
HrFriStop: hour EA stops opening orders Fridays (24 = disabled)
HrFriClose: hour when the EA closes open orders Fridays (24 = disabled)
magic: magic number
DrawLines: draws Highs and Lows of former days, weeks and month in the chart. Mouseover shows the name of the line

The colors of the lines can be changed in the next settings.

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The indicator shows support and resistance levels as horizontal lines. It shows the highs and lows of former days, weeks and month in every chart. How to work with support and resistance levels show the EA Limit Scalper and the Universal Moving Average Expert Advisor (UniMA EA) . When the tip of the coursor is on a line (mouseover) it shows the real value of the level and which high or low is shown, see explanation below. The indicator must be installed like an expert advisor ! To

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EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. mt5 version >> EquityProtect is v

39 USD

Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/1495331 The default settings are for GBPUSD M5 chart. Timing is important! Set SetUTC (GMT) according to the timezone

299 USD

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs). A profit can exceed a loss trade up to 10 times , so the user can have several loss trades and still make profit. Orders are opened at the change of the hour , if a button in the chart is pressed. The Buy The Dip as EA does this automaticly. The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell). The position s

69 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low. If a trade is open it does not open trades in correlating currency pairs. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . It needs no set files and works fully automatically with the d

299 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . If a trade is open it does not open trades in correlating currency pairs. It needs no set files and works fully automatically

299 USD

Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Always just one order open with StopLoss. Live Signal >> The default settings are for EURUSD M5 chart. Settings SetUT

299 USD

39 USD

Trade any currency, crypto, cfd or stock in any timeframe depending on 2 moving averages , from scalping to position trading. All parameters and functions can be modified and de/activated in the settings, there's no hidden algorithm. The Universal Moving Average Expert Advisor ( UniMA EA ) trades a simple strategy that works well with dozens of profitable settings. All backtest results shown in the screenshots below and tradet in the signals can be tested with the provided set files in the co

199 USD

Outbreak is a fully automated robot that follows breakouts in EURUSD. It opens several trades a day and closes them the same day. Always just one order open with StopLoss. More than 80% of the trades are profitable in historical backtests and in the Live trading signal >> Live tradingl of the second strategy here >> NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Usually Outbreak is scalping the market, cutting small profits

399 USD

Buy the dip - sell the spike of the US Tech 100 Index No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/2196371 The starting price is only for the first buyers, next price USD 399 and every week that ends with a profit, it increases by another 100. The default settings are for the US 100 Tech(Cash) CFD M15 chart, the default lotsizes are for an account of USD 10000. The minimum account balance is USD 100 to trade 0.01 buy a

299 USD

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Version 1.2 2020.11.22

Number of inputs extended

Version 1.1 2020.11.20

Bugs fixed