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MACD Trading EA

MACD Expert Advisor for MetaTrader 5

Introduction:

The MACD Expert Advisor for MetaTrader 5 is an automated trading tool designed to capitalize on market trends by utilizing the Moving Average Convergence Divergence (MACD) indicator. This EA places trades based on specific conditions: when the MACD line crosses above or below the signal line, triggering buy or sell signals, respectively. By automating the process, the EA ensures efficient trade management according to predefined MACD-based strategies, enhancing precision in execution.

For detailed documentation, refer to the Overall Settings/Input Guide   | Backtests & Set files

High Level Overview of Features

Category Setting Description
GENERAL SETTINGS Lot Size Initial volume for the first trade; subsequent features don't alter it.
Stoploss in Pips Initial stop loss; adjustable by EA features.
Take Profit in Pips Initial take profit; modifiable by EA features.
Trade Comment Specifies trade comments for source identification.
Capture Logs Enables troubleshooting logs.
Enable Magic Number Controls EA behaviour based on a unique identifier.
Magic Number Unique EA identifier for conditional checks.
Trade On New Bar Places trades at the start of the candle.
No New Entry If Trade Exists Determines new entry conditions with or without an active trade.
Number Of Orders Controls executed trades upon entry signals.
Trade Direction Specifies buy, sell, or both signals.
Risk Reward Ratio Sets take profit based on stop loss and a specified ratio.
Next Open Trade After X Seconds Introduces a time gap between multiple entry signals.
Check for Opposite Close Closes previous trend signal before placing a new one.
Delete Pending Order at Distance Auto-removes pending orders at a specified distance.
Delete Pending Order After X Seconds Auto-deletes untriggered pending orders.
Delete Pending Order After N Bars Auto-removes untriggered pending orders after specified candles.
Profit Amount Closes trade at a set profit amount or set take profit.
Loss Amount Closes trade at a set loss amount or set stop loss.
Profit Percent Closes trade at a set percent profit of account equity or set take profit.
Loss Percent Closes trade at a set percent loss of account equity or set stop loss.
Close After N Candle Closes trade after a specified number of candles from opening.
BREAKEVEN SETTINGS Enable Breakeven Boolean input to enable (true) or disable (false) breakeven functionality.
Breakeven Activation Numeric input setting the distance in pips from entry for breakeven activation.
Breakeven Extra Pips Numeric input defining extra pips beyond activation for setting stop-loss, covering costs and slippage.
TRAILING STOP SETTINGS Use Trailing Stop Boolean input to enable (true) or disable (false) trailing stop functionality.
Activate Numeric input setting distance in pips from entry for triggering trailing stop activation.
Trail Price By Numeric input defining trailing stop distance behind the current market price.
Increment By Numeric input specifying the increment by which trailing stop distance increases with favourable market movement.
MARTINGALE SETTINGS Enable/Disable Martingale Boolean input to enable (true) or disable (false) Martingale strategy.
Multiplier Numeric input determining the size multiplier for subsequent trades if Martingale is enabled.
Multiply After N Repeat Integer input setting the number of consecutive losing trades before applying the Martingale multiplier.
Max Step Integer input defining the maximum number of Martingale steps to limit consecutive increasing trade sizes.
Adjust Take Profit Boolean input to adjust (true) or not adjust (false) take profit based on Martingale steps.
GRID SETTINGS Enable/Disable Grid Boolean input to enable (true) or disable (false) GRID strategy.
Step Distance Integer input for the distance in pips between each grid level.
Lot Increase Mode Enumeration input for lot size increase mode: GRID_MULTIPLY or GRID_INCREMENT.
Execution Mode Numeration input for execution mode: GRID_MARKET (market orders) or GRID_PENDING (pending orders).
Increase Factor Numeric input for the factor by which lot size is increased for each new grid level.
Distance Multiplier Numeric input for the multiplier applied to the grid distance for each new grid level.
Increase After N Repeat Integer input for the number of repeats before applying the grid increase factor.
Max Grid Step Integer input for the maximum number of grid steps before resetting to the initial lot size.
Grid Activation Mode Enumeration input for when the grid should be activated: GRID_ON_LOSS or GRID_ON_PROFIT.
SL and TP Mode Enumeration input for stop-loss and take-profit mode: FIXED AMOUNT, EQUITY PERCENT, or COST_AVERAGE.
Grid Fixed Stoploss Sets a fixed stop-loss for combined loss of all trades when SL and TP mode is FIXED AMOUNT.
Grid Fixed Takeprofit Sets a fixed take-profit for combined profit of all trades when SL and TP mode is FIXED AMOUNT.
Grid Equity Pct Stoploss Sets an equity percentage stop-loss for combined loss of all trades when SL and TP mode is EQUITY PERCENT.
Grid Equity Pct Takeprofit Sets an equity percentage take-profit for combined profit of all trades when SL and TP mode is EQUITY PERCENT.
AVERAGE_MODE Enumeration input for averaging orders mode: Sum (Price x Lot)/Sum(Lots) or Sum(Price)/ Sum(Orders).
AVG STOPLOSS Sets stop-loss based on the average price of all trades when SL and TP mode is COST_AVERAGE.
AVG TAKEPROFIT Sets take-profit based on the average price of all trades when SL and TP mode is COST_AVERAGE.
RISK SETTINGS Enable Risk to Lot Boolean input for enabling (true) or disabling (false) Risk to Lot functionality.
Risk Percent Numeric input defining the risk percentage per trade based on the account balance.
Risk Pips Per MicroLot / Stoploss Numeric input determining the risk in pips per micro lot or stop-loss. It aligns with the STOPLOSS pips input for virtual stop-loss calculation.
POSITION SIZING SETTINGS Enable Position Sizing Boolean input for enabling (true) or disabling (false) Position Sizing functionality.
Increase Lot Numeric input defining the additional lot size for each trade when Position Sizing is enabled.
Increase Lot on Account Balance Numeric input specifying the account balance value triggering lot size adjustment. When the balance reaches or exceeds this value, the lot size is adjusted accordingly.
ALERT SETTINGS Allow Alert Boolean input allowing (true) or disallowing (false) the EA to trigger alerts on new entry.
Allow Notification Boolean input enabling (true) or disabling (false) the EA to send notifications (e.g., push notifications on mobile devices) on new entry.
Allow Email Boolean input permitting (true) or restricting (false) the EA to send email notifications on new entry.
TRADE TIME SETTINGS Use Trading Times Boolean input for determining if the EA should follow specified trading times (true) or trade 24/7 (false).
Enable Asian Session Boolean input to enable (true) or disable (false) trading during the Asian session.
Start Time Asian and End Time Asian String inputs specifying the start and end times of the Asian session in broker time.
Enable European Session Boolean input to enable (true) or disable (false) trading during the European session.
Start Time European and End Time European String inputs specifying the start and end times of the European session in broker time.
Enable American Session Boolean input to enable (true) or disable (false) trading during the American session.
Start Time American and End Time American String inputs specifying the start and end times of the American session in broker time.
Enable Other Session Boolean input to enable (true) or disable (false) trading during another specified session.
Start Time and End Time String inputs specifying the start and end times of the specified session in broker time.
TRADING DAY SETTINGS Monday Trade, Tuesday Trade, Wednesday Trade, Thursday Trade, Friday Trade Boolean inputs allowing (true) or disallowing (false) trading on each respective day of the week (Monday through Friday).
Saturday Trade and Sunday Trade Boolean inputs allowing (true) or disallowing (false) trading on Saturday and Sunday, respectively.
SAFEGUARD SETTINGS Slippage Maximum allowed slippage in pips for trade execution.
Maximum Open Trades Maximum number of open trades allowed; set to 0 to disable.
Maximum Long Trades and Maximum Short Trades Maximum number of long and short trades allowed; set to 0 to disable.
Maximum Pending Orders Maximum number of pending orders allowed; set to 0 to disable.
Maximum Long Pending Orders and Maximum Short Pending Orders Maximum number of long and short pending orders allowed; set to 0 to disable.
Max Drawdown Percent Maximum acceptable drawdown as a percentage of the account balance; set to 0 to disable.
Max Drawdown Amount Maximum acceptable drawdown as an absolute amount; set to 0 to disable.
Maximum Trades Per Day Maximum number of trades allowed per day; set to 0 to disable.
Maximum Losing Per Trade Maximum number of losing trades allowed per day; set to 0 to disable.
Daily Stop Maximum acceptable drawdown for a single trading day; closes all positions and halts trading if exceeded.
Daily Target Target profit to achieve within a single trading day; closes all positions and stops trading if reached.
Weekly Stop Maximum acceptable drawdown for a trading week; closes all positions and ceases trading if exceeded.
Weekly Target Target profit to achieve within a trading week; closes all positions and stops trading if reached.
Monthly Stop Maximum acceptable drawdown for a trading month; closes all positions and ceases trading if exceeded.
Monthly Target Target profit to achieve within a trading month; closes all positions and stops trading if reached.
DISPLAY SETTINGS Panel Width Pct Width of the panel as a percentage of the dashboard window.
Panel Height Pct Height of the panel as a percentage of the dashboard window.
Text Size Pct Size of text within the panel as a percentage; influences readability and presentation.
Title Colour Colour of the title text within the panel for visual distinction.
Label Colour Colour of labels or descriptive text within the panel for differentiation.
Value Colour Colour of numerical values or data within the panel for clarity and emphasis.


Usage Recommendations:

Prior to deploying in live markets, comprehensive testing in a demo account is highly recommended. This ensures a thorough evaluation of the EA's performance, its alignment with your trading strategy, and an assessment of risk tolerance levels.


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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Mean Machine G P T
William Brandon Autry
5 (5)
Experts
Mean Machine GPT - Il Miglior Strumento di Trading con IA Mean Machine GPT non è solo un altro Expert Advisor—è uno strumento di trading sofisticato alimentato da intelligenza artificiale e machine learning . Che tu sia un trader esperto o alle prime armi, questo EA offre un vantaggio grazie a strategie di mean reversion e alla tecnologia avanzata GPT . Perché scegliere Mean Machine GPT? Analisi alimentata da IA : Utilizza il machine learning per prendere decisioni intelligenti basate sui dati i
Golden Ai EA MT5
Mansour Babasafary
2.82 (22)
Experts
Expert Golden Ai Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in Gold (XAUUSD) currency pair and 3 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the lowest
AT Ai Bot
Zaha Feiz
4.17 (18)
Experts
ATAI: Consulente Esperto per il Trading dell’Oro Alimentato da IA Il prezzo aumenterà di 100$ per ogni 10 acquisti. Prezzo finale: 1250 $ Questa dichiarazione spiega che i risultati dei test retrospettivi per questo sistema di trading basato su IA non sono affidabili, poiché richiede una connessione a Internet e comunicazione con un server IA per ricevere segnali di trading, il che non è possibile in un ambiente di test retrospettivo. ------ INSTALLAZIONE E GUIDA   Descrizione ATAI è un co
Big Forex Players MT5
Marzena Maria Szmit
4.85 (55)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
AI Eurofighter GTX MT5
Andrei Nazarets
Experts
AI Eurofighter GTX   è un Expert Advisor (EA) facile da usare ed efficace progettato specificamente per il trading EUR/USD sulla piattaforma MetaTrader, dotato di due strategie di trading integrate che ne migliorano l'adattabilità e le prestazioni nel mercato forex. Utilizzando le reti neurali AI, Eurofighter GTX analizza continuamente le condizioni di mercato in tempo reale, eseguendo operazioni automaticamente con livelli di stop-loss e take-profit predefiniti. È dotato di una funzione di tra
Quantum StarMan
Bogdan Ion Puscasu
4.92 (83)
Experts
Ciao a tutti, mi presento: Sono   Quantum StarMan,   il membro elettrizzante e più fresco della famiglia   Quantum EA   . Sono un EA multivaluta completamente automatizzato con il potere di gestire fino a 5 coppie dinamiche:   AUDUSD, EURAUD, EURUSD, GBPUSD e USDCAD   . Con la massima precisione e incrollabile responsabilità, porterò il tuo gioco di trading al livello successivo. Ecco il kicker: non mi affido alle strategie Martingale. Invece, utilizzo un sofisticato sistema di griglia pr
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
Experts
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 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
Boring Pips MT5
Thi Thu Ha Hoang
4.7 (27)
Experts
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
RangeMaster FX MT5
Chen Jia Qi
5 (2)
Experts
EA Introduction The EA we have carefully crafted was previously an internal proprietary stable strategy tool. It focuses on capturing market patterns specific to time zones, standing out with high-frequency orders and a robust win rate, suitable for flexible traders with small capital. Whether from backtesting or live trading perspectives, it has demonstrated excellent stability, making it particularly suitable for users who wish to gradually accumulate profits in the forex market. We speak wi
The Gold Reaper MT5
Profalgo Limited
4.28 (74)
Experts
PUNTELLO AZIENDA PRONTO!   (   scarica SETFILE   ) PROMOZIONE LANCIO: Sono rimaste solo poche copie al prezzo attuale! Prezzo finale: 990$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Benvenuti al Mietitore d'Oro! Basato sul Goldtrade Pro di grande successo, questo EA è stato progettato per funzionare su più intervalli di tempo contemporaneamente e ha l
Dark Algo MT5
Marco Solito
4.97 (60)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
AI NoX EA MT5
Denis Kurnev
4.38 (13)
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 sal
CyBRG RX
Arseny Potyekhin
4.45 (11)
Experts
Presentazione di CyBRG RX: L'assistente di trading di nuova generazione Entra nel futuro del trading con CyBRG RX, il tuo compagno di trading all'avanguardia progettato per migliorare la tua esperienza di trading. Sfruttando la potenza delle reti neurali avanzate, CyBRG RX è progettato per analizzare e adattarsi alle condizioni di mercato in continua evoluzione con una precisione senza pari. Segnali:   Segnale dal vivo 1 Segnale dal vivo 2 Poiché questa strategia è così unica, voglio
Gold GPU
Maksim Dmitriev
2.63 (8)
Experts
Offerta speciale, prezzo di 3 giorni $280   Dopo la vendita di 8 copie, il prezzo aumenterà (1 rimasta).   Prezzo regolare: $540   Prezzo scontato (offerta a tempo limitato): $380 Se hai domande, non esitare a inviarmi un messaggio privato: https ://www.mql5 .com /en /users /abudabi (invia messaggio) Panoramica      Consulente Esperto di Trend     Utilizza l'intelligenza artificiale per riconoscere le tendenze del mercato.     È stato testato per oltre 10 anni utilizzando dati reali e
The Infinity EA MT5
Abhimanyu Hans
5 (3)
Experts
Tecnologia basata sull'intelligenza artificiale con ChatGPT Turbo Infinity EA è un Expert Advisor di trading avanzato progettato per GBPUSD e XAUUSD. Si concentra su sicurezza, rendimenti costanti e redditività infinita. A differenza di molti altri EA, che si basano su strategie ad alto rischio come martingala o trading a griglia. Infinity EA impiega una strategia di scalping disciplinata e redditizia basata su reti neurali integrate su apprendimento automatico, tecnologia basata su intelligenz
HFT PropFirm EA MT5
Dilwyn Tng
4.85 (26)
Experts
Versione MT4: https://www.mql5.com/en/market/product/104871 Monitor delle prestazioni della sfida HFT MT5 (non per account live): Broker: Fusion Market Login: 89600 Password: Greenman89$ Server: FusionMarkets-demo Oltre 700 recensioni autentiche a 5 stelle per la versione MT4 rilasciata in precedenza: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canale pubblico: https://www.mql5.com/en/channels/hftpropfirmea Versione MT4: https://www.mql5.com/en/market/product/104871
Aura Neuron MT5
Stanislav Tomilov
5 (3)
Experts
Aura Neuron è un Expert Advisor distintivo che continua la serie di sistemi di trading Aura. Sfruttando reti neurali avanzate e strategie di trading classiche all'avanguardia, Aura Neuron offre un approccio innovativo con eccellenti prestazioni potenziali. Completamente automatizzato, questo Expert Advisor è progettato per negoziare coppie di valute come EURUSD e XAUUSD (GOLD). Ha dimostrato una stabilità costante su queste coppie dal 1999 al 2023. Il sistema evita pericolose tecniche di gestion
Gold Trade Pro MT5
Profalgo Limited
4.27 (33)
Experts
Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una
Index Sniper Pro MT5
Sachin Gautam
5 (8)
Experts
Introducing  Index Sniper Pro EA . It is a Fully Automatic Index US30 and S&P500(US500) System trading early US Open. No  Martingale,  No  Grid , No Averaging, No AI *******NEW FEATURES******* NAS100 Set File - WIP S&P500 Set File - Released  *******NEW FEATURE******* Buy only and Sell only Settings - Released Individual TSL and SL settings for Buy and Sell Orders - Released Current Price: $349--> (Next price $499) Live signal: With Default Settings on US30 and S&P500(US500) symbol https
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Nadaraya Watson Envelop Alert
Biswarup Banerjee
4.67 (3)
Indicatori
The Nadaraya Watson Envelop indicator for MT5 is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notific
MT4 Local Trade Copier Pro
Biswarup Banerjee
3.58 (12)
Utilità
About The Product This is an mt4 expert advisor which will let the end user to copy trades from a source mt4 account to N different mt4/mt5 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. you can find the MT5 version   here . You can try the free trial demo
Directional Volatility and Volume Oscillator MT5
Biswarup Banerjee
Indicatori
Directional Volatility and Volume Oscillator for MetaTrader 5 - Master Market Dynamics Discover the power of precision trading with the "Directional Volatility and Volume Oscillator" meticulously designed for MetaTrader 5. This advanced tool combines the insights of directional analysis, volatility measurement, and volume tracking to provide you with unparalleled market understanding. Basic Details : Indicator Type : Directional Volatility and Volume Oscillator for MetaTrader 5 Key Metrics : Rea
Moving Average Crossover EA MT5
Biswarup Banerjee
Experts
Product Name: Moving Average Crossover EA MT5 Description: Welcome to the pinnacle of automated trading with the Moving Average Crossover EA for MetaTrader 5. This expert advisor is meticulously designed to harness the power of moving averages, offering traders a versatile solution for capturing trend reversals and potential entry points. With an array of customizable settings and robust features, this EA is set to redefine your trading strategies and amplify your trading experience. Mt4 version
Brilliant Reversals Alert MT5
Biswarup Banerjee
5 (1)
Indicatori
Brilliant Reversal Indicator for MetaTrader 5 - Your Ultimate Alert-Driven Trading Solution Unlock unparalleled trading success with the "Brilliant Reversal Indicator" tailored for MetaTrader 5. This powerful tool has been meticulously designed to empower traders by identifying critical reversal opportunities with lightning-fast alerts. Key Features: Precise Reversal Detection: The Brilliant Reversal Indicator for MT5 specializes in pinpointing potential trend reversals, providing you with a str
Double Top And Bottom Indicator
Biswarup Banerjee
Indicatori
Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
FREE
Bollinger Band Scanner MT5
Biswarup Banerjee
Indicatori
Welcome to the next level of trading sophistication with the Bollinger Bands Scanner for MT5! Elevate your trading experience and unlock enhanced insights and efficiency with our powerful MT5 indicator. Key Features: Effortless Bollinger Bands Scanning: Seamlessly harness the power of the Bollinger Bands Scanner to scan multiple assets effortlessly. Receive instant alerts when specific Bollinger Bands conditions are met, ensuring you're always ahead of market movements. Comprehensive Dashboard I
Grid Trade Manager MT5
Biswarup Banerjee
5 (1)
Utilità
Product Name: Grid Trade Manager MT5 Description: The Grid Trade Manager EA for MetaTrader 5 is meticulously crafted to oversee trades employing a grid trading strategy. It strategically places a sequence of pending buy and sell orders at predefined intervals, forming a grid pattern. This EA vigilantly monitors market fluctuations, dynamically adjusting the grid to optimize potential profits. Additionally, it incorporates robust risk management features to control grid size and curtail potential
FREE
Candlestick Pattern Alert MT5
Biswarup Banerjee
Indicatori
MT5 Candlestick Pattern Alert Indicator: Enhance Trading Precision and Speed Overview The MT5 Candlestick Pattern Alert Indicator stands as a robust solution tailored to empower traders by swiftly detecting candlestick patterns and delivering timely alerts through various channels. This advanced tool facilitates efficient analysis of patterns, enabling traders to seize potential profitable trades promptly. Significance of Candlestick Patterns Candlestick patterns play a pivotal role in technical
FREE
Knoxville Divergence EA
Biswarup Banerjee
Experts
The Knoxville Divergence EA uses advanced algorithms to analyze market indicators and identify profitable trading opportunities. It places trades based on the indicator values and is able to enter and exit trades quickly and efficiently, ensuring that traders are always on the right side of the market. In addition to its advanced trading capabilities, the Knoxville Divergence EA also incorporates a grid and martingale strategy for loss recovery. This means that if a trade goes against the trader
Hedge Trade Manager MT5
Biswarup Banerjee
Utilità
Product Name: Hedge Trade Manager MT5 Description: The "Hedge Trade Manager" EA for MetaTrader 5 is a sophisticated solution designed to adeptly manage trades through a hedge trading strategy. With a range of configurable settings, this EA provides comprehensive control over hedge trades. The documentation below outlines the various inputs and parameters to assist you in customizing the EA to suit your trading preferences. Overall Settings/Input Guide Name Setting Description General Settings Ma
FREE
Trailing Stop and Breakeven Manager
Biswarup Banerjee
Utilità
Product Name: Trailing Stop and Breakeven Management EA Description: This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT5. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy. General Settings: Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades. Magic
FREE
Candlestick Patterns Alert
Biswarup Banerjee
Indicatori
MT4 Candlestick Pattern Alert Indicator: Stay Ahead of Trading Opportunities Overview The MT4 Candlestick Pattern Alert Indicator is a robust tool designed to empower traders by detecting candlestick patterns and delivering timely alerts through notifications, emails, and pop-up alerts. This invaluable tool saves traders precious time, allowing focused analysis on patterns and potential profitable trades. Importance of Candlestick Patterns Candlestick patterns are pivotal in technical analysis,
FREE
Fibonacci Levels Alert
Biswarup Banerjee
Indicatori
The MT4 indicator that we are describing is designed to provide traders with an alert, notification, and email when Fibonacci levels are crossed. The Fibonacci levels are calculated based on the zigzag indicator, which helps to identify potential trend reversals in the market. When the indicator detects that a price has crossed a Fibonacci level, it will trigger an alert and send a notification to the trader's MT4 mobile app. Additionally, the indicator can be configured to send an email to the
FREE
Account Trailing Stop Manager MT5
Biswarup Banerjee
Utilità
Account Trailing Stop Manager MT5 Description: The "Account Trailing Stop Manager MT5" EA is designed to automatically calculate and remember the profit of the entire account or specific magic number, and trail it like a trailing stop loss. When the current profit becomes lower than the last saved profit, it will close all trades. This EA provides a convenient way to manage trailing stops for your account. For detailed documentation  Overall Settings/Input Guide   High Level Overview of Featu
FREE
Close Manager MT5
Biswarup Banerjee
Utilità
Close Manager EA for MetaTrader 5 Introduction: Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits. You can find the MT4 version here Key Features: Logs Capture (SHOW_LOGS): Enable
FREE
RSI OverBought OverSold EA MT5
Biswarup Banerjee
4.5 (2)
Experts
RSI Trader Expert Advisor for MetaTrader 5 Introduction: Welcome to the RSI Trader EA, an advanced tool designed exclusively for MetaTrader 5. This expert advisor streamlines trading activities by harnessing the power of the Relative Strength Index (RSI) indicator, automating trade entries and exits based on overbought and oversold conditions. The EA also facilitates reverse trading setups within these zones, offering a versatile approach to managing trades. You can find MT4 version here For det
Day and Week Separator
Biswarup Banerjee
Indicatori
Day and Week separator is a very simple tool to show day and week separator lines from a specific time mentioned in the input. This is specially helpful for the trades who has time zone differences in their broker terminal. Let us take an example  If user know that at 7:00 in the chart his local time 00:00 then he will simply put 7:00 in the input . Separator lines will starts drawing from current day's 7:00 There is also a bold line for weekly separator
FREE
CCI Multicurrency Scanner MT5
Biswarup Banerjee
Indicatori
Welcome to the world of advanced trading with the CCI Multicurrency Scanner for MT5! Elevate your trading experience with our powerful MT5 indicator meticulously designed for seamless analysis and real-time insights. Key Features: Effortless CCI Scanning: Unlock the full potential of the CCI Multicurrency Scanner for MT5 by effortlessly scanning multiple currency pairs. Receive instant alerts when specific Commodity Channel Index (CCI) conditions are met, ensuring you stay ahead of market moveme
MT5 Local Trade Copier Pro
Biswarup Banerjee
2 (1)
Utilità
About The Product This is an MT5 expert advisor which will let the end user to copy trades from a source mt5 account to N different mt5/mt4 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. You can try the free trial demo on the link below. Complete User Gu
Balanced Martingale
Biswarup Banerjee
Experts
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example for example if we hav
Nadaraya Watson Envelope EA
Biswarup Banerjee
Experts
Nadaray Watson Envelope Strategy: The Nadaray Watson Envelope strategy is a technical analysis tool used to identify trends and support and resistance levels. It is based on the Nadaray Watson estimator, which is a non-parametric regression method. The strategy uses envelopes around price data to signal entry and exit points. For detailed documentation  Overall Settings/Input Guide   High Level Overview of Features Category Setting Description GENERAL SETTINGS Lot Size Initial volume for the fir
Balance Martingale MT5
Biswarup Banerjee
Experts
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example. For detailed documen
STC Indicator
Biswarup Banerjee
Indicatori
STC Indicator  - Boost Your Trading Strategy with Smart Trend Confirmation Description: Enhance your trading strategies and maximize profitability with the STC Indicator for TradingView. Developed by industry experts, the STC Indicator (Schaff Trend Cycle) is a powerful technical analysis tool that combines the best of both trend-following and oscillator indicators to provide reliable buy/sell signals. With its unique algorithm, the STC Indicator effectively identifies trend cycles and confirms
GG TrendBar
Biswarup Banerjee
Indicatori
GG TrendBar Indicator - Your Multitimeframe ADX Trading Solution Experience the power of multi-timeframe trading with the "GG TrendBar MT5 Indicator." This versatile tool, built upon the ADX indicator, offers precise insights by considering multiple timeframes, ensuring you make well-informed trading decisions. Basic Details : Indicator Type : GG TrendBar Indicator (Multi-Timeframe ADX) Key Metrics : Real-time ADX analysis across multiple timeframes. Customization : Enable or disable specific ti
Angle of Averages
Biswarup Banerjee
Indicatori
Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend. Inputs Available
Angle of Moving Average
Biswarup Banerjee
Indicatori
Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend. Inputs Available
STM Trade Panel
Biswarup Banerjee
Utilità
Simple trade manager panel is a very usefull utility which gives the trader a flexibility to place orders and close them by profit and loss amount . It also helps in trailing the profit with amount.  It works seamlessly on mt4 terminal. It has features to close specific order type or close all trades Features in nutshell Stoploss ,Takeprofit and Lot size control Book Profit based on amount Cut Loss based on amount Trail Profit after some time Close specific order Type Close all orders
FREE
Angle Of Price
Biswarup Banerjee
1 (1)
Indicatori
Angle of Price It is a trend following indicator. The idea behind this indicator is very simple. it calculates the angle of certain price type with its N candle back price type. When the price is moving toward upward direction positive angle histograms will be created and vice versa for downward direction. There are couple of price type supported in this indicator. Which is as follows Close Open High Low Median Typical Weighted When combined with other indicators it could be used as a very power
FREE
Volume Oscilator Indicator
Biswarup Banerjee
Indicatori
Volume Oscilator is a popular indicator available in trading view which is very popular among traders Definition The Volume Oscillator is an indicator made up of two Moving Averages (MA) surrounding volume, one being fast and the other slow. The slow volume MA value is then subtracted from the value of the fastlow Moving Average. The Volume Oscillator measures volume by analyzing the relationship between the two Moving Averages mentioned. When combined with other indicators it provides a very st
FREE
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Versione 12.0 2024.11.01
safety feature performance improvement
Versione 11.0 2024.10.18
performance improvement
new set files
Versione 10.0 2024.09.21
multiple entry logic corrected,
close multiple trade logic corrected
Versione 7.0 2024.06.02
lot size correction for martingale profit recovery mode
Versione 6.0 2024.05.26
performance improvement
Versione 5.0 2024.05.22
martingale logic correction
Versione 4.0 2024.05.20
grid pending order delete issue fixed
performance improvement