Market / MetaTrader 4 / Experts /

ArMoney

299 USD

Demo downloaded: 37

Published: 8 January 2021

Current version: 1.1

ArMoney

Experts
Vincenzo Maria Arricale
Version: 1.1
Updated: 19 January 2021
Activations: 5

ArMoney is an automated Expert Advisor which uses Exponential Moving Average (EMA) and Average True Range (ATR) indicators.

In case of unfavourable price movement, the EA automatically opens other trades up to a maximum number of trades set by the user. When a given profit is reached, all the trades are closed. Each opened trade has a stop loss to keep the maximum risk under control.

Price levels for trading signals, take profit and stop loss are computed as a function of ATR, so that the EA can adapt to the current market volatility. Users can modify the parameters with respect to their trading style (e.g. users may want to increase or reduce the frequency of the trades).

Set Up (Pairs, TimeFrame, Input Parameters)

The EA can work with any pair (and with any financial instruments) at any time frame. Backtesting showed that higher time frames (i.e. M30, H1, H4) give better results than lower ones.

Suggested pair are:

- EURUSD on M30

- EURCHF on H1

- USDCAD on H1

- CADCHF on M30

- AUDCAD on M30

- AUDNZD on H1

- GBPCAD on H1

- GBPAUD on H1

- GBPNZD on H1

- NZDCAD on H1

for which default parameters have been optimized. Default parameters must be downloaded at following link:

https://www.dropbox.com/sh/kfi5a3bm98k15es/AACyq2_d9eX7cFSY5bSosD-za?dl=0

To achieve a great performance, we highly recommend the use of brokers with low spreads and fair commission. Here is the link to register at the broker that we could experience the Best Performance for this strategy:

https://myvip.avatrade.it/register/step1/1?tag=rf12018116

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Input Parameters Description

LotsCorrection - It is just for testing. In Live Trading it must be set to "False"

RiskPerc - Maximum Percentage of the equity user wants to risk at each operation (when all the trades are opened and result in a loss)

EmaPeriod – Number of periods on which EMA is computed

AtrPeriod – Number of periods on which ATR is computed

StartingLot – Number of lots of the first trade

MaxNumberOfTrades – Maximum number of trades for each operation (when market moves against you)

No_of_ATR_for_Buy_Sell_Signal – No. of ATR of a price movement required to generate a buy/sell signal (it has an effect on the frequency of the buy/sell signals)

No_of_ATR_for_Other_Trades – No. of ATR of a price movement required to open other trades within the same operation (it has an effect on profit and stop levels)

StartingHour –Hour before which positions cannot be opened (broker time). It must be between 0 and 23

EndingHour – Hour after which positions cannot be opened (broker time). It must be between 0 and 23

PairLeverage – Symbol leverage (e.g. 100 means that a leverage 1:100 is used)

Magic Number - It is used to identify the EA operations when multiple EAs run on the same pair

Slippage – Maximum slippage accepted for each trade (in Points)

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Limitations

No limitations on the broker and leverage. However, performances are sensitive to the spread (obviously the less the spread, the better)

Starting lots and maximum number of trades should be compatible with initial equity and risk percentage (user could not have enough funds and/or could have a loss greater than their risk percentage). If it is not possible to open the lots the user specified, the EA alerts them and automatically determines the maximum lots compatible with their equity and risk percentage, and then apply them. If the computed lots are lower than the minimum required for that symbol, no trade is opened

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For Further Information, visit our Telegram channel

https://t.me/joinchat/F_RlP9V5Ky2lg0IQ

Live Testing

In the first figure, the performances on a real account are reported (performances start from November 16th 2020 when this EA has been used for the first time for live trading)

Copy Signal based on ArMoney EA

https://www.mql5.com/en/signals/903968

https://www.mql5.com/en/signals/937720#!tab=account

BackTesting

Performances reported in the back-tests do not imply the EA will be profitable in the next months/years

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AI Sniper is an intelligent, self-optimizing trading robot designed for MT4 terminals. Utilizing a sophisticated algorithm and cutting-edge trading methodologies, AI Sniper epitomizes excellence in trading optimization. With over 15 years of extensive experience in both exchange and stock markets, our team has crafted this Expert Advisor, incorporating innovative strategy management features, intelligent functionalities, and an intuitive graphical interface. Each facet of AI Sniper is metic

399 USD

Last copy at 399$ -> next price 499$ Dark Algo is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs. If you Buy this Expert Advisor you can write a feedback at market and get a second EA for Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm that allows it to identify and follow market trends .

399 USD

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

999 USD

Only 2 copiers left at this price, the next price is $2333 Check out the live results here: $50K Personal signal: [Click Here] Small Personal signal: [Click Here] Prop firm live signal: [Click Here] MT5 version here: [Click Here] Buy Quantum Algo Trading and get Diamond Titan and US30 Scalper for free => Message me after purchase for details. Welcome to Quantum Algo Trading MT4 EA . This EA is designed to be more than just a mechanical system; it will be your companion on your tradi

1 933.99 USD

The Expert Advisor works on the basis of wave-like changes in price movements. The dynamic regression channel allows you to accurately predict the price movement in the short term. The Expert Advisor uses the indicator in its trading: https://www.mql5.com/en/market/product/64252 Trading instruments (TF 5m): GBPUSD, EURUSD, USDJPY. The Expert Advisor has been successfully tested with 99% quality quotes, floating spread and random ping since 2003. Optimization of the advisor is not requir

2 335 USD

Launch promo! Only 2 copies left at current price! Next price: 1533 $ Final price: 1993$ Buy US30 Scalper and you could get Quantum Algo Trading or Nasdaq Algo for free ! => Contact after purchase Live signal: https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5: https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics: https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit: https://www.mql5.com/en/use

1 333.99 USD

This indicator computes a channel around the price based on highs and lows of the previous bars (whose number is set by user). The indicator provides alerts when upper or lower channel bands are crossed by closing price. User can receive a standard alert on MT4 and/or a push notification on Metatrader app. User can configure the indicator through the following parameters: InpPeriod - number of previous bars UseAlert - if set to True, enables visual alert on the display UsePush - if set to Tr

30 USD

This indicator computes two lines representing the price bar strength. Close, high and low of each bar are compared with the highest high and lowest low of the last N bars, where N is a parameter set by user. Two lines are computed, a red one and a green one, with values between 0 and 100. High values of the red line means that close is very far from the bar high, while high value of the green line means price is very far from the bar low . The indicator provides alerts when red or green line a

30 USD

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Version 1.1 2021.01.19

Some minor bugs fixed