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Paracel EA MT4

FREE

Published: 25 April 2023

Current version: 1.1

Paracel EA MT4

Experts
Nguyen Quoc Hung
Version: 1.1
Updated: 25 April 2023

Paracel EA is an advanced and fully automated Expert Advisor designed to help traders navigate the complexities of the financial markets.

Using a sophisticated strategy based on the Supertrend indicator and another built-in indicator, Paracel EA can analyze market conditions and identify trading opportunities with remarkable precision.

The EA is equipped with a range of powerful features, including martingale functions, to help maximize profits and minimize risks.

Whether you're a seasoned trader or just starting out, Paracel EA is a powerful tool that can help you achieve your financial goals.

Parameters

Magic Number - The identifying (magic) number of the currently selected order.
Trade Volume - The trading volume for the first trade if the fixed trading volume mode is chosen.
Trade Volume Type - This is the calculation mode for lot size.
Dynamic Lot (Balance/Equity based) - Balance/Equity to be used per 0.01 lot.
Risk per First Trade (%) - The percentage of the deposit that will be totally used to open the initial trade. (Formula: (freeMargin * %Risk) / Dynamic_lot)
Supertrend Period - The number of bars, or interval, used to calculate the ATR.
Supertrend Multiplier - The multiplier used in the calculation.
Allow Multiple Trades – Enable/Disable the adviser to open multiple trades.
Max Number of Trades - The maximum number of trades that will be executed.
Minimum Gap Between Trades (in Pips) - Distance in pips between trades.
Profit in Base Currency - The minimum average profit for closing all trades.
Use Incremental Lot Sizes - Enable/Disable the use of automatic lot increment calculation.
Use Lot Calculation Type - The type of calculation method for volume.
Lot Multiplier - The lot multiplier for the following orders. (Last_volume * multiplier factor)
Lot Increment - The lot increment for the following orders. (Last_volume + increment factor)
Set Order Expiration Time - Set the expiration time for orders.
Order Expiration Time (in hours) - The time when an opened order is closed.
Trading Time Filter: enable/ disable sending orders in allow time. (Server time) .
Start Hour: hour to start trading.
Start Minute: minute to start trading.
End Hour: hour to stop trading.
End Minute: minute to stop trading.

Recommendations

Currency pair: EURUSD, GBPUSD and any currency pairs
Timeframe: H1
Minimum deposit: $1000
Account type: Any with a minimum spread (preferably ECN)
Brokers: Any broker

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This indicator converted from 5 min Buy and Sell Range Filter - guikroth version on TradingView Popularity of the Range Filter The Range Filter is a very popular and effective indicator in its own right, with adjustments to the few simple settings it is possible to use the Range Filter for helping filter price movement, whether helping to determine trend direction or ranges, to timing breakout or even reversal entries. Its practical versatility makes it ideal for integrating it's signals into

39 USD

This indicator converted from Squeeze Momentum Indicator [LazyBear] version on TradingView [---- Original Notes ----] This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11). The Squeeze Momentum Indicator (or TTM Squeeze) is an indicator that measures volatility and momentum, based on price movement within a tight range for a period of time and then breaking out sharply to initiate large moves. The most popular ver

30 USD

This EA is fully automated , it is built based on the method of catching the pop-up Alert event and forwarding them to Telegram Channel/Group. Parameters of the EA: -------- <EA Settings> -------- Magic Number: The identifying (magic) number of the currently selected order. Bot name: Name of the Expert Advisor. -------- <Telegram Settings> -------- Telegram Bot Token: Each bot is given a unique authentication token when it is created. Telegram Chat_ID: Unique identifier for the target cha

39 USD

This EA is fully automated , it is built based on the method of catching the pop-up Alert event and Open Market Orders (BUY/SELL) . Download trial version here: https://www.mql5.com/en/blogs/post/751340 ***NOTE: It is recommended to remove the available filter settings, only install the filter for your indicator. Parameters of the EA: -------- <EA Settings> -------- Magic Number: The identifying (magic) number of the currently selected order. Allow Open trade: Enable/ Disable Open Trad

39 USD

Lazy Scalper is fully automated, it is built based on the break-out strategy by calculate the signal from the ZigZag Indicator (strategy 01) or Fractal Indicator (strategy 02). This EA does not use any martingale or grid functions and follows a logical concept and it is suitable for both beginners and experienced people. The Backtests shown in the screenshots were done with default settings. It may not be the best or the worst. Please download the free demo to experience your own. su

50 USD

39 USD

- The Symbol Changer Utility for MetaTrader is a tool that enables traders to switch between various symbols on the MetaTrader trading platform easily and quickly. - It is designed to change the symbol of the current and all open chart windows and the timeframe of the current chart window (by clicking the button). - The tool retrieves symbols from the Market Watch, displaying only the necessary symbols in the market watch.

FREE

50 USD

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Version 1.1 2023.04.25

- Fix Check Maximum allowed spread