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Blue Rider Expert Advisor MT4

499 USD

Demo downloaded: 103

Published: 14 October 2021

Current version: 1.2

Blue Rider Expert Advisor MT4

Name: Blue Rider Expert Advisor MT4
Price: 499.00 USD
Rating: 5 (1 reviews)
Author: Tino Viehweg

Experts
Tino Viehweg
Version: 1.2
Updated: 7 February 2024
Activations: 5

Blue Rider Expert Advisor (BR EA) MT4

The BR EA is an EA which generates orders based on the signals of the Normalized Trend Reversal Multi Time Frame Indicator (NTR MTF Indi MT4).

The NTR MTF Indicator generates the signal using a crossover of two modified moving average systems.

The BR EA can be used on Forex currency pairs, indexes, metals, and cryptocurrencies.

The BR EA trades the first order and builds a grid as soon as the NTR MTF Indicator generates the next signal.

For a better overview, the BR EA plots the profits of the individual trades or sequences directly on the chart and connects the entries with the exits using dashed lines.

Ask me for Settings, User Manual, Installation, Requirements, and everything else you need for trading.

There is a channel with weekly trading recommendations for the Blue Rider EA MT4 and a support group on Telegram for all interested traders. Please send me a PM.

Recommended trading pairs

EURAUD; EURGBP; EURUSD; GBPAUD; NZDCHF; NZDUSD

General requirements for trading with Blue Rider EA

Minimum account size: 3000 e.g. USD for trading 3-5 pairs with the lowest starting lot of 0.01

Leverage 1:500

Not suitable for netting account and ESMA leverage restrictions.

Raw spread accounts and low latency VPS are recommended.

BR EA works on accounts of various brokers.

We recommend for getting the best results, as the BR EA has been optimized with the ECN data feed of the broker .

Parameters:

General Settings

Enable Buy – allow buy trades

Enable Sell – allow sell trades

Magic Number - identifier

Comment – add identifier

Entry Settings

Lot Base - first lot which the EA starts

Minimum Grid Distance (Fixed) - min distance of grid between entries

Lot Multi (1-Disable) - Multi of the individual lots of entries

Lot Sum (0-Disable) - Summand of the individual lots of the respective entries

NTR Settings

TimeFrame - TF of chart

Normalisation Period - defines the Period for which the Normalization of the NTR

Overbought Level (Normalisation > 0) - defines the Overbought Range for which a signal output is to be made by the NTR MTF indicator

Oversold Level (Normalisation > 0) - defines the Oversold Range for which a signal output is to be made by the NTR MTF indicator

ZigZag Filter Settings

Enable Filter First Trade – activates the filter only for the first trade

Enable Filter Sequence – activates the filter for each trade in the sequence

TimeFrame – TF of ZigZag Filter

BreaktoutMode - Setting for displaying the breakout option

Reversal Value according to Retrace Mode – Reversal value of the Retrace Modus

Retrace Mode – Mode that records the distance to which prices have collapsed again after reaching a new high

ATR Period (RetraceMethod=3) – Average True Range Periode

Exit Settings

Minimal Profit Target (0-Disabled) - min def TP

Increase Profit Target (1-Disabled) - Factor, which added to Minimum Profit Target depending on number of opened lots when closing sequence

Target ATR Multi (0-Disabled) – Target tracking based on the Average True Range

Emergency Management

Max Lot (0-Disabled) – highest lot opened in sequence (or singletrade)

Close on equity loss (0-Disabled) – SL in Money

Close on profit after x trades - closes lots of sequence after ... number of opened trades with BE

Pips in Profit (from Average Price) - closes sequence with an add profit

Filter Settings

Enable Time Filter 1 - allows trades in time of day 1

Start Hour (1) - def start time (1)

Stop Hour (1) - def stop time (2)

Enable Time Filter 2 - allows trades in time of day 2

Start Hour (2) - def start time (2)

Stop Hour (2) - def stop time (2)

Max Spread (0-Disabled) – Max allows spread between Bid and Ask

Max Slippage – Max allow Slippage

Visual Settings

Show Panel - - Informative panel shown

Enable Profit On Screen – activated profit display on the screen

Profit Color – Color of the profit

Arrow Distance – Distance of the arrows

Buy Arrow Color - Color for a buy entry signal

Sell Arrow Color - Color for a sell entry signal

Exit Arrow Color - Color for a exit signal

Exit Line Color (Single/ Last Trade) – defines color of dashed connecting line between entry and exit of single trade or last trade in a sequence

Exit Line Color - (Buy Trade/s) – defines color of dashed connecting line between entry and exit of Buytrades in a sequence, but not last Buytrade of this sequence

Exit Line Color (Sell) - (Sell Trade/s) – defines color of dashed connecting line between entry and exit of sell trades in a sequence, but not last sell trade of this sequence

more...

107

Husain Ballam 2021.10.23 06:03 #

A reliable EA. Tino, the author, is very supportive, replies with solutions, and answers quickly. As for back-testing, results are satisfying and parameters are intuitive and easy to grasp. In my opinion, product should worth more given the help I get from Tino. Totally worth it!

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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p

2 600 USD

SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share

599 USD

Statistics on a real account since 2020 Backtest for the last 13 years Low drawdown strategy Multi-currency algorithm Compatible with any broker Proven drawdown control system Trading on a real account since 2020 : Click Here Trading on USDCAD, EURGBP, GBPUSD, EURUSD: Click Here Trading on EURGBP: Click Here Trading on GBPUSD: Click Here Full backtests of the FXMachine EA are available for download here: Click Here About us: The development and support of FXMachine and our oth

985 USD

3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : Can be used in the EURUSD , AUDUS

680 USD

Normalized Trend Reversal Multi Time Frame Indicator (NTR MTF Indicator) MT4 The NTR MTF Indicator has been developed as the exceptionally reliable trend reversal indicator. The NTR MTF Indicator suits with all Forex currency pairs and metals and can match with all kinds of time frame charts. NTR MTF Indicator generates the signal using a crossover of two modified moving average systems in a separate window. These average levels are called the NTR MTF Indicator. The blue average level is cal

30 USD

RS Volatility Multi Time Frame Indicator (RS Volatility MTF) MT4 The RS Volatility MTF Indicator has been developed as the exceptionally reliable trend indicator. The RS Volatility MTF Indicator suits with all Forex currency pairs and can match with all kinds of time frame charts. RS Volatility MTF Indicator generates a trend signal based on the crossing of a moving average system and the price. Considering the ATR, the exact entry point is now defined. The yellow line shows this possible en

30 USD

RS Volatility Expert Advisor (RSV EA) MT4 The RSV EA is an EA that generates orders based on the signals of the RS Volatility MTF indicator. The RSV EA trades the first order and builds a grid once the filter conditions are met. The RSV EA displays the profits of individual trades or sequences directly on the chart. General conditions for trading with the RS Volatility EA Minimum account size: 3000 e.g. USD for trading 3-5 pairs with the lowest starting lot of 0.01 Leverage

499 USD

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Husain Ballam 2021.10.23 06:03 #

1066

Reply from developer Tino Viehweg 2021.10.24 10:52 #

Thank you for taking the time to leave us this great review. We have worked hard to create a product that motivates our customers to perform at their best, strengthens their bond with each other, and at the same time leaves enough room for their own ideas on strategy and deployment. I am always here for our customers to support them. Also thanks for the recommendation given, I will take it into consideration.

Version 1.2 2024.02.07

new filter integrated

Version 1.1 2021.10.18

new version created with build 1350