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Rainbow EA MT4

Description :

Rainbow EA MT4 is a simple Expert advisor based on Rainbow MT4 technical indicator witch is based on Moving average with period 34.

The indicator is incorporated in the EA, thus, it is not required for the EA to operate, but, if you wish you can download it from my product page.

The Expert Advisor settings are as follows :

Suitable for Timeframes up to H1

The parameters below can be set according to your trading rules.

  • StopLoss ( Stop Loss in pips)
  • TakeProfit ( Take Profit in pips )
  • Magic number : ( set to 1479598, is the  EA identifier. When running multiple instances of the same EA on one currency pair, this value should be changed for each instance )
  • MaxTradeDurationBars ( in Bars )
  • MinTradeDurationBars ( in Bars )
  • TradeSize : 1.0 ( Trade size )
  • MaxOpenTrades : 1 ( Maximum open trades per currency pair )
  • Hedging : true ( Hedging mode )

Some clarification to remember :


For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false. 



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Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Exp4 AI Sniper for MT4
Vladislav Andruschenko
5 (2)
Il nostro team è entusiasta di presentare Trading Robot, il consulente esperto di trading intelligente all'avanguardia per il terminale MetaTrader. AI Sniper   è un robot commerciale intelligente e auto-ottimizzante progettato sia per i terminali   MT4   . Utilizzando un algoritmo sofisticato e metodologie di trading all'avanguardia,   AI Sniper   incarna l'eccellenza nell'ottimizzazione del trading. Con oltre 15 anni di vasta esperienza sia nei mercati borsistici che azionari, il nostro team h
Quantum Gold Emperor MT4
Bogdan Ion Puscasu
4.82 (11)
Presentazione       Quantum Gold Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui scambi la prestigiosa coppia XAUUSD (GOLD)! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installazione e le istruzioni per la configurazione. ***Acquista Quantum Gold Emperor EA e potresti ottenere Quantum Trade EA gratis!*** Chiedi in privato per ma
BeiDou Trend
Xian Qin Ceng
Beidou Trend EA is a trend EA with a large profit-loss ratio.   Breakout trading is a very old method. It has been widely used since Livermore in the 1900s. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility. I have been using the breakout method to make profits on XAUUSD since the beginning of my investment career. I am familiar with this method. It is old, simple and effective. Beidou Trend EA is improved based on Rising Sun Go
AW Double Grids EA
AW Trading Software Limited
4.43 (7)
Advisor AW Double Grids MT4   - è un consulente di griglia aggressivo e completamente automatizzato, con un pannello di trading informativo e una configurazione semplice. La strategia consiste in un lavoro simultaneo bidirezionale, moltiplicando il volume di una direzione. Sono implementati il calcolo automatico dei lotti integrato, varie varianti di aumento del volume delle posizioni e altre funzioni. Istruzioni ->   QUI   /   Risoluzione dei problemi ->   QUI   / Versione MT5 ->   QUI Come o
AW Scalping Dynamics EA
AW Trading Software Limited
4.67 (12)
Robot di trading avanzato completamente automatico che funziona in base alle inversioni di tendenza. Se necessario, è possibile utilizzare una strategia a griglia. 3 tipi di notifiche integrati e blocco della posizione quando viene raggiunto il carico massimo del carrello. Le impostazioni predefinite sono consigliate per EURUSD nell'intervallo di tempo M15. Caratteristiche e vantaggi: Capacità di lavorare in due direzioni contemporaneamente Capacità incorporata di lavorare in tempo in più fasi
Altri dall’autore
Combination MT5
Jamal El Alama
4 (1)
Description : Combination MT5 is a professional indicator based on the Stochastic Oscillator and Average True Range (ATR) technical indicators, thus, you can use it with any currency pair and any timeframe.Trade signals from Combination MT5 are drawn on the main chart in the form of arrows. When a blue arrow appears, then this is a signal to buy, when the red one appears then this is a signal to sell. You can set the alerts on/off. The Stochastic Oscillator and Average True Range (ATR) technica
FREE
Rainbow MT5
Jamal El Alama
4 (1)
Description : Rainbow MT5 is a technical indicator based on Moving Average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, then this is a signal to buy. When price crosses below MA and MA changes color to red, then this is a signal to sell. The Expert advisor ( Rainbow EA MT5 ) based on Rainbow MT5 indicator is now available here . MT4 version is available here .
FREE
Rainbow MT4
Jamal El Alama
Rainbow MT4 is a technical indicator based on Moving average with period 34 and very easy to use. When price crosses above MA and MA changes color to green, it’s a signal to buy. When price crosses below MA and MA changes color to red, it’s a signal to sell. The Expert advisor ( Rainbow EA MT4) based on Rainbow MT4 indicator, as you can see in the short video below is now available here .
FREE
Sensor EA MT4
Jamal El Alama
Description : Sensor EA MT4 is an advanced Expert advisor for MetaTrader 4, built using the usual signals provided by Bollinger Bands Technical Indicator . The Expert Advisor places a buy order, When price crosses above the lower band, and a sell order when price crosses below the upper band. The Expert Advisor uses a Stop Loss and a Take profit. The Expert Advisor settings are as follows : ( The parameters below can be set according to your trading rules. ) StopLoss ( Stop Loss in pips) TakePr
Elevate your trading experience with   Dynamic Trader EA MT4 , a cutting-edge trading robot designed to optimize your investment strategy. This advanced algorithm harnesses the power of four key indicators:   RSI   ( Relative Strength Index ),   Stochastic Oscillator ,   MACD   ( Moving Average Convergence Divergence ) and   ATR   ( Average True Range ) to make informed and precise trading decisions. ATR is used to dynamically set stop-loss and take-profit levels based on market volatility. IMP
Synergy EA MT4
Jamal El Alama
Synergy EA MT4 uses a combination of three key indicators to determine optimal entry and exit points in trading. These indicators are the Relative Strength Index (  RSI  ), Bollinger Bands , and a 200-period Moving Average . Here's how each indicator contributes to the decision-making process: Relative Strength Index ( RSI ) : RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market, which can indicat
Description : Combination EA MT5 is a simple Expert Advisor based on Combination MT5 custom Indicator. The Indicator is incorporated in the EA, therefore you don't need it as a separate tool for the EA to operate. Combination MT5 custom Indicator is based on Stochastic Oscillator and Average True Range (ATR), both are set to their default values. If you wish, you can download Combination MT5 custom Indicator for free from my   product page . The Expert Advisor settings are as follows  : Magic
Rainbow EA MT5
Jamal El Alama
Description : Rainbow EA MT5 is a simple Expert advisor based on   Rainbow MT5 indicator witch is based on Moving average with period 34. The indicator is incorporated in the EA, therefore, it is not required for the EA to operate, but if you wish, you can download it from   my product page . The Expert Advisor settings are as follows : Suitable for Timeframes up to H1 The parameters below can be set according to your trading rules. StopLoss ( Stop Loss in pips) TakeProfit ( Take Profit in pips
Sensor EA MT5
Jamal El Alama
Description : Sensor EA MT5 is an advanced Expert advisor for MetaTrader 5, built using the usual signals provided by Bollinger Bands Technical Indicator . The Expert Advisor places a buy order, When price crosses above the lower band, and a sell order when price crosses below the upper band. The Expert Advisor uses a Stop Loss and a Take profit. The Expert Advisor settings are as follows : ( The parameters below can be set according to your trading rules. ) StopLoss ( Stop Loss in pips) TakePr
Elevate your trading experience with Dynamic Trader EA MT5 , a cutting-edge trading robot designed to optimize your investment strategy. This advanced algorithm harnesses the power of four key indicators: RSI ( Relative Strength Index ), Stochastic Oscillator , MACD   ( Moving Average Convergence Divergence ) and ATR ( Average True Range ) to make informed and precise trading decisions. ATR is used to dynamically set stop-loss and take-profit levels based on market volatility. IMPORTANT! Read c
Synergy EA MT5
Jamal El Alama
Synergy EA MT5 uses a combination of three key indicators to determine optimal entry and exit points in trading. These indicators are the Relative Strength Index ( RSI ), Bollinger Bands , and a 200-period Moving Average . Here's how each indicator contributes to the decision-making process: Relative Strength Index ( RSI ) : RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in the market, which can indicate
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