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FourAverageMT5

5

FourAverage: A Breakthrough in Trend Identification

With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal.

Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same time remaining adequate during sideways trends?

The answer is yes.

There is an indicator with a quite powerful and efficient adaptive mechanism to changing market conditions.

This new forward-looking trend indicator developed by ExcStrategy team uses adaptive four-level averaging.

A unique averaging formula allows you to adjust the indicator (define the regularities) to any peculiarities of a currency pair or any other instrument. Now, in order to get profit, you only need one indicator and this is only the beginning. Fouraverage is highly beneficial when combined with other tools or used as signal filter.

The indicator features a function that draws arrows and displays the result of the previous indicator-based trade. This is very useful when backtesting.

The indicator is not redrawn on completed bars. If the bar is closed, the indicator values remain unchanged.
The indicator works on any time frame from M1 to MN.

    FourAverageMT5 indicator is the same as the one for MetaTrader 4: https://www.mql5.com/en/market/product/3901

    A detailed description of the indicator can be found at: https://www.mql5.com/ru/blogs/post/730215

    Reviews 4
    Zentrader2015
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    Zentrader2015 2020.03.26 00:48 
     

    Really like it!

    Wan Ping Fei
    1690
    Wan Ping Fei 2019.01.06 04:27 
     

    This is a good EA, but it is really cool. Full of curability

    The most powerful indicator I have used so far....:)

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    Удобный трендовый индикатор. Не меняет своих значений. Имеет огромные возможности для настройки. Не требователен к ресурсам компьютера. Создавался для работы в системе BearsHunter. Эксперт МТ5 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30381 Эксперт МТ4 с использованием данного индикатора: https://www.mql5.com/ru/market/product/30383 Параметры: m1_MA_Mode_1 - метод усреднения(0-9). m1_MA_Mode_2 - метод усреднения(0-9). m1_MA_Mode_3 - метод усреднения(0-9). m1
    FREE
    Ilanis
    Mikhail Sergeev
    4.74 (27)
    Ilanis is and Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the
    GreatAverager
    Mikhail Sergeev
    A fully automatic multi-currency expert Advisor. Averaging of positions is used. A new unique approach to stability and sustainability in the creation of trading systems. It does not require any settings or complicated actions. Simply install the Expert Advisor on the eurusd h1 chart and change the money management mode if necessary. Stability, profitability and ease of use are the main principles of this trading robot. Be sure to use the account type with the possibility of hedging. The leverag
    IlanisNeuro
    Mikhail Sergeev
    3.75 (4)
    IlanisNeuro is a modification of Ilanis . The EA uses averaging. Neural network is used for opening positions. The network has been trained on seven major currency pairs (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD) for the period 2004-2017. Real account monitoring: https://www.mql5.com/en/signals/author/fastinvestments The free version of the Expert Advisor: https://www.mql5.com/ru/market/product/25165 Ilanis Expert Advisor Does not require setting the parameters. Ready to work on
    Investo MT4
    Mikhail Sergeev
    1 (1)
    Investo is a fully automatic, professional trading robot. Designed specifically for the foreign exchange market. A unique index calculated on the quotes of eight currencies pairs is used to make a decision. The analysis is carried out taking into account the global situation in the market - it provides unique opportunities for price forecasting. Multi-currency analysis allows you to trade on a variety of instruments without changing the parameters and opens the possibility of hedging.This robot
    IlanisMT5
    Mikhail Sergeev
    3.86 (7)
    Ilanis is an Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the
    Sparta
    Mikhail Sergeev
    2.21 (14)
    Easy start: Everything is already set up. The minimum Deposit is $ 100. Quick result. Convenient interface. On the stock exchange, you can often hear that averaging, martingale, and other types of progressive money management do not work. The reality is that more than 90% of successful, highly profitable and long-standing signals use this method of money management. The situation is similar with top PAMM accounts.   Sparta   is a fully automatic multi-currency expert Advisor that uses a uniqu
    Investo
    Mikhail Sergeev
    3.67 (3)
    Investo is a fully automatic, professional trading robot. Designed specifically for the foreign exchange market. A unique index calculated on the quotes of eight currencies pairs is used to make a decision. The analysis is carried out taking into account the global situation in the market - it provides unique opportunities for price forecasting. Multi-currency analysis allows you to trade on a variety of instruments without changing the parameters and opens the possibility of hedging.This robot
    Devilfish
    Mikhail Sergeev
    1.73 (11)
    DevilFish  is a fully automatic, multi-currency trading system. Trading is based on explosions of price activity. Big profits, low drawdowns and good hedging results. Minimum Deposit: $ 150. No configuration required. Accounts: Netting, Hedging. Currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY. It works on hourly bars and is not demanding on the quality of the Internet connection.  Works in the strategy tester in the "open prices only" mode. Does not use the super short tra
    IlanisNeuro MT5
    Mikhail Sergeev
    1.67 (3)
    IlanisNeuro MT5 - expert variation  Ilanis . The expert Advisor uses averaging. A neural network is used to open positions. The network was trained on seven major currency pairs (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD) in the interval 2010-2019. Compared to the MT4 version , the expert Advisor was able to multi-currency trading from a single chart and was retrained on fresh data. Version monitoring for МТ4:  https://www.mql5.com/en/signals/339250 Free version:  https://www.mql5.c
    Aver
    Mikhail Sergeev
    Aver   is a fully automatic multi-currency robot. The Expert Advisor uses the classic medium-term averaging model. Limit orders are used to open positions. Price data is taken from weekly charts, this allows you to minimize the distortion of the work of different brokers. Monitoring:  https://www.mql5.com/en/signals/912803 EA Aver It does not need to configure parameters. Automatic mode is ready to work on EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD. You only need to decide on t
    BlackQueen
    Mikhail Sergeev
    4.15 (20)
    Easy start: Everything is already set up. The minimum deposit is $ 50. User-friendly interface. BlackQueen is a fully automatic, professional trading system. Stable entry points based on global price movements. Multi-currency trading, the ability to choose a strategy, unlimited customization potential for any trading tools.  Main features:   Accounts: Hedging. Currency pairs when working in automatic mode: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY. It works on hourly bars and is
    SmartBox
    Mikhail Sergeev
    3 (1)
    A deep learning neural network specially designed for the Forex market. It works on EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY pairs. Everything is already set up. To start trading, simply set the Expert on the EURUSD H1 chart. The minimum deposit, when trading all currency pairs, is $ 150. User-friendly interface. Monitoring of real accounts: Our products undergo mandatory testing on real accounts. At the moment, this is the only way to reliably check trading robots. Real account
    UniversalMA EA
    Mikhail Sergeev
    1 (1)
    Create, explore, earn! The Expert Advisor allows you to build fully automatic trading systems based on a powerful and universal indicator that smoothes the price of an instrument. Create your own trading system with a set of rules integrated into the EA. Test your idea in the strategy tester. Use it in real trading for profit or as an additional tool. On 10/19/2021, we published a completely free UniversalMA indicator for MetaTrader 5. UniversalMA is a moving average with huge customization opti
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    Zentrader2015
    1470
    Zentrader2015 2020.03.26 00:48 
     

    Really like it!

    Константин
    122
    Константин 2019.11.17 10:43 
     

    У меня так и не получилось включить оптимизацию.Настраивал под фортс Si.

    Wan Ping Fei
    1690
    Wan Ping Fei 2019.01.06 04:27 
     

    This is a good EA, but it is really cool. Full of curability

    The most powerful indicator I have used so far....:)

    Igor Dervuk
    822
    Igor Dervuk 2016.12.13 12:27 
     

    User didn't leave any comment to the rating

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    Version 1.8 2020.08.05
    Optimization for the new version of the terminal.