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Average Trader

An MT4 expert advisor which acts as a manual, automatic or hybrid trading tool.

The base idea behind this EA is making short-lived, small-profit trades and when entering in the wrong direction use averaging down or up.


Recommended environment

Market: FOREX

Symbols: EURUSD, AUDUSD, USDCAD or EURCAD

Chart timeframe: 30M

Leverage: 1:100

Minimum deposit units: 1000

My broker: Teletrade

Must run 24/7 so a VPS or a dedicated PC should be used to run your MetaTrader4 terminal.

One chart per terminal.


Strategies used:

For auto-trading it uses a lower-timeframe momentum following strategy via the Sven signal.

For managing the trades the strategy is averaging up(for SELL) and down(for BUY).


The Sven signal

It's a simple momentum following algorithm which looks for consecutive rising/falling close prices on the given timeframe.


Settings

Trade Settings

MagicNumber - The unique number used to internally identify trades launched by the EA on the current chart.

TradeComment - The comment to leave on the trade

TradingStyle - Conservative or aggressive. This affects the size of the order. Conservative = 0.01 and aggressive = 0.02 lots per 1000 available in balance.

TargetProfitPips - The target profit in pips for trades.

AutoSafetyTradesEnabled - A safety trade is a trade performed when averaging the price closer to the current price. Having this setting enabled allows the EA to automatically launch safety trades.

PipDeviationToOpenSafetyTrades - The distance in pips in the losing direction of the initial trade at which to launch safety trades.

MaxNumberOfTrades - The maximum number of trades the system can do when averaging.

AlertOnTradeClosed - If true then display an alert whenever a trade is complete.

BuyEnabled - If false then disable BUY trades(both on manual and automatic trades).

SellEnabled - If false then disable SELL trades(both on manual and automatic trades).

MinBalanceToStartTrade - The minimum balance required before launching a trade.

MinEquityToStartTrade - The minimum equity required before launching a trade

MaxSpreadToStartTrade - The maximum value of the spread at which a trade can be launched.

Sven Signal Settings

SvenSignalEnabled - This enables launching trades automatically when getting a signal from Sven.

SvenSignalNumBars - The number of previous bars to check.

SvenSignalTimeframe - The timeframe to look into.

SvenSignalReversed - If true then the signals are reversed(eg. if Sven says BUY then launch a SELL).

My settings

The default settings.


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¡Promoción de lanzamiento! ¡Quedan solo algunas copias al precio actual! Próximo precio: 1533 $ Precio final: 1993$ 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 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper
¡Bienvenido a Diamond Ultimate!!! BACKTEST GUIDE PROMOCIÓN DE LANZAMIENTO: ¡Quedan solo unas pocas copias a este precio actual! Precio final: 4993,99 $ Diamond Ultimate   combina algoritmos basados en diversas acciones de precios con 13 años de experiencia en el mercado para ejecutar órdenes y gestionar el capital. Todas las operaciones tienen niveles claros de stop loss y take profit. El EA utiliza un stop loss en trailing para asegurar las ganancias. El EA puede abrir hasta 7 operacione
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Nuestro equipo está encantado de presentar Trading Robot, el asesor experto en comercio inteligente de última generación para el terminal MetaTrader. AI Sniper   es un robot comercial inteligente y autooptimizado diseñado para terminales   MT4   . Utilizando un algoritmo sofisticado y metodologías comerciales de vanguardia,   AI Sniper   personifica la excelencia en la optimización comercial. Con más de 15 años de amplia experiencia tanto en el mercado bursátil como en el mercado bursátil, nues
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Stanislav Tomilov
4.1 (10)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
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Fanur Galamov
5 (19)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Versión 1.5 2022.11.23
replace balance too low alert with background prints
Versión 1.4 2022.09.15
fix updating avg price, next avg price and next tp lines
Versión 1.3 2022.09.10
fix volume rounding issue
Versión 1.2 2022.09.06
Better status updates in the UI
Versión 1.1 2022.09.05
Fix issue with safety trades being given an incorrect volume.