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EA MECHANIC

[EA] MECHANIC is a MetaTrader (MT4) Expert Advisor designed for use with three basic currency pairs EURUSD, GBPUSD and AUDUSD. With individual settings, it can work very well on any currency pair as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions.

  • It is based on standard MT4 indicators "Bollinger Bands" and "Parabolic SAR".
  • The strategy is working on Timeframe M5 only.
  • It is very easy to set up and supervise.


Features

  • It can be individually adjusted to use on any currency pairs of your choice.
  • It has implemented money management and risk management settings.
  • Additional functions to test the response during different market situations.

This EA is fully automatic, we recommend to monitor it though. In other words, you can simply switch it ON and let it run, but you should always supervise it. The market is unpredictable and no fully automatic system can handle unexpected market behavior, especially situations when macro-economic data are released.

The EA should be set to work from 9:00 to 15:00 CET (FRANKFURT), which means since LONDON session start till the first hour of NEW YORK session (14:30 CET is the usual time when the U.S. macro-economic data are being released).


Backtesting

The Expert Advisor is delivered in default "factory" settings, which are set to work on the three basic currency pairs EURUSD, GBPUSD and AUDUSD. Please be aware, that testing any system on historic data will never give you any information about how it will work in real live market conditions. We do not comment any backtest results.


Input Parameters

  • EnableMM: enable MMRisk function
  • MMRisk: risking set percentage of the account's equity
  • FixedLot: fixed position size
  • TPOnSLRatio: SL (x) this multiplicator = TP value
  • SoundAlert: to enable sound alert for "position-open"
  • SoundName: the sound file to use as sound alert
  • PushAlert: to enable the Push Alerts
  • EmailAlert: to enable the Email Alerts
  • AllowMultipleSignal: to enable multiple signals
  • MinTimeGap: minimum time in between 2 signals
  • PositionLimit: maximum number of opened positions
  • Openreverse: the EA will open reversed position
  • OpenHedged: the EA will open 2 hedged positions
  • SetSLTPOnEntry: SL and TP will be set automatically
  • AddSpreadToSLOnSellEntry: SL+spread for SHORT positions
  • MinSLToOpenTrade: minimum SL to open trade
  • MaxSLToOpenTrade: maximum SL to open trade
  • ProfitReached: if position reaches certain profit, then:
  • ProfitLocked: move the SL to minimum profit
  • BBPeriod: internal BB indicator settings
  • BBDeviation: internal BB indicator settings
  • BBApplied: internal BB indicator settings
  • MinMiddleLineDistance: signal valid if "x" pips from SMA
  • PSARStep: internal PSAR indicator settings
  • PSARMaximum: internal PSAR indicator settings
  • PSARTrailing: move trailing stop with PSAR
  • TimeFilter: limit the time period when EA works
  • StartHour: internal PC clock - start hour
  • StopHour: internal PC clock - end hour
  • MagicNumber: change this number to any.
  • TradeComment: change the text to anything.


If You Already Purchased The Product

Please write a private message to us, we will send the User MANUAL with description of the functions, also will give you recommendations on how to trade live, etc.


Author

Antonin Skaryd, private investor and market analyst, software developer and founder of the FUTURE ENTERPRISE company.

[EA] MECHANIC is fully functional and exact mechanical trading strategy with no place for emotions or non-systematic trading approaches or random trader's behavior. It has an exact entry point and an exact exit point.

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Aurus Gold MT4
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"Aurus Gold" is a program capable of automatically analyzing and trading on the currency market (Forex) without human intervention. This innovative tool for decisions on buying or selling currency pairs. The main task of Aurus Gold is to maximize profits and minimize risks for investors. It is capable of working around the clock, based on pre-set parameters and trading rules. The main advantages of using a currency robot include: 1. Automation of trading: The ability to carry out transa
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Marzena Maria Szmit
5 (11)
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The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
Bonnitta EA
Ugochukwu Mobi
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Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
Daytrade Pro Algo
Profalgo Limited
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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Waka Waka EA
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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
AI Meta EA MT4
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Denis Kurnev
3 (2)
Experts
AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and   Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor The price of the advisor will increase significantly as I have allocated a specific number of copies. I will adjust the price as s
Aura White Edition
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3.67 (6)
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Aura White Edition   is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of   Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPU
Forex trading bot ai
Andrey Kozak
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Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
Richter mt4
Yvan Musatov
5 (1)
Experts
A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot's algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rise
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Mansour Babasafary
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Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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Version 2.10 2020.03.31
This is the 2020 compilation of the original product, which has proved to be effective in 2015 as well as in 2020.