Market / MetaTrader 4 / Utilities /

Onrex IV

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Published: 22 January 2022

Current version: 2.30

Onrex IV

Utilities
Lee Teik Hong
Version: 2.30
Updated: 30 October 2022

ONREX IV

ONREX IV is a trading tool that be used to practise and enhance your manual trading skills. It's also Auto Trading Expert Advisor.

Don't worry if your trades goes in the wrong direction, ONREX IV will take over and try to manage and control your risk management.

ONREX IV offers a trading interface panel that allows traders to trade manually or opt FULL AUTO TRADING. It's also set to hide the Take Profit and Stop Loss.

ONREX IV has its own Magic Number, please use trade button on the panel If you're utilising manual trading. Other EA's orders will not be taken over by ONREX IV.

Except SMART Close turn ON is enabled.

Recommended	Info
Symbol	GBPJPY
Timeframe	H1
Setting	Default
Minimum Deposit	$1000

Recommend

Using ONREX IV Premium on a VPS service with at least 1000 USD in your account, unless you want to trade manually.

Strategy Method

Manual trading - Buy, Sell, Both trades are available. The EA will execute others trades based on your EA plan.

Auto trading - Entry based on RSI (if you don't know what's going on in the market).

"Why RSI is a good choice indicator to use for automated trading in Onrex IV ? Why not others ? "

RSI indicator is more similar to the Break and Retest in my opinion.

Break and Retest strategies are always preferred above Bounce strategies in my trading plan.

Manual Trading is a better option than Auto Trading. Don't rely on indicator too much.

Test before make decision

Manual trading can be used to test in Strategic Tester.

Please download it for testing in a real-time chart for a better experience.

Simply ensure that "Time allow to trade" is appropriately set up. (Start Hour & End Hour)

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Heiken Ashi Button Heiken-Ashi , often spelled Heikin-Ashi, is a Japanese word that means "Average Bar." The Heiken-Ashi approach can be used in conjunction with candlestick charts to spot market trends and forecast future prices. It's useful for making candlestick charts easier to read and analysing patterns. Traders can use Heiken-Ashi charts to determine when to stay in trades while the trend continues and close trades when the trend reverses. The majority of earnings are made when markets a

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Idea Pro Trend This EA is a Semi-auto Trading Panel with a variety of strategic settings, such as those listed below. It is excellent for scalping or long-term trading by traders. This EA is simple and convenient to trade and attach to the chart with the default settings on "AUDUSD", EURUSD, GBPUSD and NZDUSD. How to use You can trade based on the trend that is displayed on the left-hand side of Info Panel. If the trend are" 2 Up Trend" and "2 Down Trend", please do not trade. Simply proceed

FREE

Footmarks Pro Footmarks Pro is a MetaTrader 4 Essential Indicator that create round number or sweetspot on chart with "Button". Parameter Indicator Name - Footmarks Pro Pair Selection - 250 points / 500 points / 1000 points Sweetspot Setting Sweetspot Line Color Sweetspot Line Style Sweetspot Line Thickness Sweetspot Button Setting Button Axis-X Button Axis-Y Thanks...

FREE

Emini Trade Panel Price - Launch Promotion: FREE - Normal Price: $50 Symbol Recommended - S&P 500 Index Timeframe - 5 minutes Main features - Click Button on Chart. - Auto StopLoss Mode: Previous Bar Setting - Trailing Stop ON/OFF - Active Time To Highlight Setting - Color Scheme Selection - Show Profit/Loss Label EA Ideas - A Successful Professional Trader scalping 1 Point and use Price Action Stops. - Trade very small. The smallest you possibly can trade. - Take a look for Swing tra

FREE

Expert Advisor The Onrex IV Premium uses intraday breakout with RSI levels to execute trade. Positions are opened in accordance with the chosen risk and capital management regime: lot size corresponding to account balance and fixed lot. It's a trading tool that be used to enhance your manual trading skill and Auto-Trading Expert Advisor also. Don't worry if your trades goes in the wrong direction, ONREX IV will take over and try to manage and control your risk management. ONREX IV offers a tr

50 USD

Footmarks trend MQ4 (FTMQ 4) Footmarks trend MQ4 ( FTMQ 4 ) is a MetaTrader 4 Expert Advisor that allows you to use a combination of "Price Trend Method" and "Time allow to trade" to fully automate your trading with Dynamic Grid Strategy. This is a GOLD / XAUUSD trader's expert. Real-time results can be viewed here . Unique Features Dynamic GRID MARTINGALE allows Set SMART-Loss turn ON allow Recommended Info Symbol XAUUSD / GOLD Timeframe M15 Settings Default Lots Size 0.01 Minimum Dep

100 USD

Smart ADR as an indicator displays the average daily range of 3 timeframes such as Daily, Weekly, and Monthly. Using the combination of 3 timeframes of ADR as a reference to shows fixed range and dynamic range targets as lines on your charts. Inputs Smart ADR Parameters Indicator Name - Display the indicator name Daily Periods - Display the Daily Periods of ADR Weekly Periods - Display the Weekly Periods of ADR Monthly Periods - Display the Monthly Periods of ADR Daily Line Show ON - Set

30 USD

Breakout Preparation Choppy movement up and down on the opening range everyday. Trading breakouts on London session and New York session is recommended. Setting a bounce for a certain time zone and trade when the bounce reveals a break through. Input Parameter Indicator Name Days to Show Start Time to Analysis End Time to Analysis Bounce Show till Time Chart Setting Color Scheme Selection Happy Trading and thanks for support.

30 USD

Idea Pro Trend Premium This EA is a Semi-auto Trading Panel with a variety of strategic settings, such as those listed below. It is excellent for scalping or long-term trading by traders. This EA is simple and convenient to trade and attach to the chart with the default settings on AUDUSD, EURUSD, GBPUSD and NZDUSD. How to use You can trade based on the trend that is displayed on the left-hand side of Info Panel. If the trend are" 2 Up Trend" and "2 Down Trend", please do not trade. Simply pr

45 USD

Emini Signal Bar Price - Promotion: $100 - Normal Price: $200 Symbol Recommended - S&P 500 Index / US500 Timeframe - 5 minutes Buffer Information - Buy Trade Buffer = 2 - Sell Trade Buffer = 3 Main features - Show Buy Signal Bar and Sell Signal Bar on Live Chart. - Get Alert from signal bar. - The precision of the Alert is superior to dots. (Alert is active at that time) - Dots will be recalculated after reset the properties. After the Alert is displayed, kindly make your decisions to tra

100 USD

GPT Candlestick T he Indicator show algorithm of Candlestick Automatically. GPT Candlestick is a MetaTrader 4 Indicator that uses a proprietary algorithm based on Price of Moving Average and Average True Range to show the Color of Candlestick on your trading. Means candlestick is going Up or Down (View Simply). I nstead, it analyzes data of market and identify entry points and opportunities. I t's also a trading tool that be used to practice and enhance your manual trading skills. GPT Candlestic

30 USD

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Version 2.30 2022.10.30

- 2 Stages Backup Distance changed to input number.

Version 2.20 2022.05.20

- Show Profit / Loss Label. (Enable or Disable)

Version 2.10 2022.04.05

- Advanced Panel Info

Version 2.0 2022.04.04

- Edit panel Info correctly

Version 1.90 2022.03.27

- Advanced Smart Close function on Real-Time Chart.

Version 1.80 2022.02.15

- Built-In Box "No Trade Box"
- Add Gray Mode in chart scheme setting.

Version 1.70 2022.02.10

- Add Hedge Buy button "HB", Hedge Sell button "HS", and Close button "X".
- "HB" & "HS" button - Automatically 2x lots size on your initial lots size setting.
- "X" button - Close all orders on current symbol.

Version 1.40 2022.02.05

- Chart Color Scheme Selection. (Dark Mode & Light Mode)

Version 1.30 2022.01.29

- Smart Dynamic Activation Trigger for 2 Stages added.

Version 1.20 2022.01.27

- Allow test manual trading in Strategy Tester

Version 1.10 2022.01.25

- Advanced 2 stages Point Calculation.