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AR Trades MT4



Multi currency Multi time frame expert advisor based on price action.
Works with currency majors, crosses, exotics, indexes, etc.
EA looks for longer candles than the average candle range to open a position.
By default it works on daily time frame, so there will be only few trades per week.
There is an initial take profit for each trade and a basket stop loss, which is percentage from the account.


Recommended pairs:

All 28 majors and crosses


User inputs description (default settings):

  • Magic_Number = 333
  • timeFrame = PERIOD_D1
  • lot = 0.01
  • maxSpread = 4.0
  • maxTradesPerPair = 7 ->  Max number of positions to be added (including the initial trade). 0 - unlimited
  • tpFromARMultiplier = 0.1 -> 0.1 means Take profit of the initial trade will be 10% from the average range  (multiplied by the averageRangeMultiplier)
  • slFromARMultiplier = 0.0 -> if 0.0, no stop is used for the individual pairs. If for example 0.3, Stop loss will be 30% from  the current average range (multiplied by the averageRangeMultiplier)
  • minTakeProfitPerPair = 0.1 -> In account currency (money). If there are more than 1 trade for pair, the initial take profit of the initial trade will be removed  and all trades will  be closed after reaching this min profit. Usually we want to get out of the positions as soon as we go into profit
  • candleRangeForOpenTradePips = 0 -> fixed amount of pips. If set to 0 it's not used - EA will use average range calculation instead
  • takeProfitPipsPerPair = 0 -> fixed amount of pips. If set to 0 it's not used - EA will use tpFromARMultiplier calculation instead
  • stopLossPipsPerPair = 0 -> fixed amount of pips. If set to 0 it's not used - EA will use slFromARMultiplier calculation instead
  • emergencyStopLossPercentage = 25.0 -> If something goes wrong this will close all trades after reaching 25% (or whatever percentage is set) from the whole account
  • averageRangeMultiplier = 2.5 -> 2.5 is 250%, 1.25 is 25%, etc, higher than the current average range
  • averageRangePeriod = 20 -> number of bars the average range is calculated for
  • maxRunningPairs = 1 -> if 0 - trade all pairs from the user input. 1 will trade only one pair, but will not prevent adding additional positions for the same pair
  • minBodySizeFromARMultiplier = 0.3 -> When adding additional trades, body size of the previous candle must be at least this percentage from average range. 0.3 is 30% from Average range. This option will prevent adding additional positions after very small candles
  • pairs = "AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,CADCHF,CADJPY,CHFJPY,..."
  • placeSingleTradePerCurrency = false -> in case of true -> if we have for example GBPUSD, the EA will not trade another pairs with GBP or USD. This option might prevent exposing the account to same currency's direction
  • maxGapAllowedPips = 10 -> max gap allowed between previous close and current open price (used for additional trades). No need to open additional position if the new bar opens with a gap in the direction of the initial position, because should open a position only if it's further away from the last open price

Dashboard columns:

  • Symbol - Symbol name
  • Spread - Current spread
  • Range - Previous bar range (open - close) / Current bar range (open - close)
  • Av.Range - Average Range (multiplied by the averageRangeMultiplier)
  • Pips - Profit/Loss in pip
  • Lots - total lots opened for the pair
  • Profit/Loss - in money
  • Min Margin - margin that will be taken for the lot size set in the user input

Buttons:

  • Each pair name from the list in the EA is a button which opens a new chart for that pair
  • Each close button closes all the positions for that pair
  • Close All button closes all open positions
  • Allow Trading button - if the text is grey, the EA will not trade. If it's orange it will trade.

Recommendations:

For balance of $1000 trade with 0.01- 0.02 lots

* Note that the averageRangeMultiplier is set to 0.5 in the EA user inputs, but the default value should be 2.5. Obviously the validation test of the MQL Market is made over a very short period of time and EA does not open any trade for that period and currency pair, so I was forced to lower the trade open criteria. In short you might want to change back the averageRangeMultiplier value from 0.5 to 2.5

** For better testing experience (multiple pairs) check the MT5 version of AR Trades also available on the market



















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Before you buy a night scalper please be aware of the risks involved: Past performance is no guarantee of future profitability (the EA could also make losses).  The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but still executi
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Experts
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
Gold Alliance
Dmitriq Evgenoeviz Ko
1 (1)
Experts
The foreign exchange market (Forex) is the largest and most liquid financial market in the world, where currencies are traded 24 hours a day, five days a week. Currency trading offers enormous opportunities for both experienced traders and newbies to profit from fluctuations in exchange rates. However, successfully navigating the Forex market requires a deep understanding of the factors influencing currency movements, technical analysis skills, and risk management strategies. Introducing the
Pirate
Anatoliy Lukanin
3.9 (20)
Experts
Deposit :   from 100 deposit units Trading pairs: I recommend currency pairs: EURAUD, CHFJPY, EURCHF, EURGBP, AUDCHF, CADCHF, USDCHF. Trading period :  Any Account: You should use ECN-ECN.Pro accounts with five-digit quotes with a moderate size (spread). Parameters: USING - Choice, trading risk or fixed lot RISK/LOT - Lot Risk Value RESTORING_THE_BALANCE - Restoring balance* HOW_THE_RESET_WINDOW - Reset the Global Variable TAKE_PROFIT - Set profit STOP_LOSS - Set loss COUNT_BUY - The number of
AbuTrader
Murodillo Eshkuvvatov
Experts
Solo 10 copie da 800$ Ottimo momento della giornata ---in breve, abbiamo creato un robot forex automatizzato al 100% chiamato AbuTrader (non è necessaria alcuna conferma umana) può fare soldi mentre dormi o vivi una vita PROP FIRM set speciale FILE per il superamento di test o la gestione di account reali superati tutti i limiti comodi * funziona con qualsiasi coppia maggiore e minore * Timeframe - selezione automatica con comportamento PAIR (H1, H4, M30) *deposito minimo
AI Nodiurnal EA
Ugochukwu Mobi
Experts
AI Nodiurnal EA è un avanzato robot Forex che sfrutta la tecnologia all'avanguardia del machine learning per ottimizzare le strategie di trading e migliorare le performance nel dinamico mercato del cambio. Il termine "Nodiurnal" riflette la sua capacità di adattarsi e operare non solo durante le tipiche ore diurne di negoziazione, ma anche durante periodi non standard, fornendo un approccio continuo e adattativo al trading forex. Impostazioni: Impostazioni predefinite sulla coppia di valute: EUR
White Shark
Elie Almachaalany
5 (4)
Experts
White Shark is a fully automatic Expert Advisor. It can actually outsmart a market by placing BUY and SELL orders when the requirements are met. It uses an advanced technology to place orders in the right time with the right lot. This robot is designed for beginners yet expert traders: Most of the inner parameters are hidden from user so that even a beginner will not mess up. You can download this Ea and back-test. I personally used a 99.9% real tick data for back-testing for an accurate result.
Bandwagon
ADELYN CASTILLO
4.93 (29)
Experts
Guadagno del 240% al 22 mese. Puoi controllare l'account live Bandwagon con prestazioni di 2 anni Banwagon 2 anni o Bandwagon V2 . *NOTA: Ora con uno sconto del 50%! Ottieni subito la tua copia! Aspettatevi un aumento di prezzo ogni mese *ATTENZIONE: DIRE NO ALLA PIRATERIA. Fai attenzione agli utenti che chiedono di ottenere una copia di Bandwagon EA. Bandwagon è in grado di rilevare la pirateria e se il tuo account viene rilevato per fare tali cose, non posso promettere che EA funzionerà anco
Never Dies MT4
M Ardiansyah
5 (1)
Experts
Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, .... All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected sy
Darwin Evolution MT4
Guillaume Duportal
4.83 (12)
Experts
Darwin Evolution. !! 1490 USD a 990 USD tempo limitato (Offerta valida all'arrivo del prossimo aggiornamento, non perdere tempo ) !!! Non è possibile effettuare il backtest di questo EA, perché MT4 non gestisce le multi-coppie simultanee. Darwin ha bisogno delle 28 coppie per il calcolo degli indicatori !! Descrizioni: - Comprendere l'operazione, vieni a leggere il blog (questo EA riflette la mia filosofia del forex trading ... Se ti piace il mio modo di vedere le cose, allora ti pi
Trade Vantage ver4
Yvan Musatov
Experts
A   Trade Vantage   expert is a professional market analyst who operates a specialized algorithm for his work. Its operating principle is based on the analysis of prices for a certain time interval, where the strength and amplitude of prices is identified using a unique indication system based on real data. When the trend loses its strength and changes direction, the expert closes the previous position and forms a new one. In addition, as part of its algorithms, the bot takes into account signa
MyGrid Scalper Ultimate
Ahmad Aan Isnain Shofwan
2 (1)
Experts
168ドルの価格は、グランドオープンだけの特別価格です。通常価格は$1,688になります MyGrid Scalper Ultimate 8soCfP12Ph19mi914zQaZz2KsGGtcANVhVVfKAnmVRqM ロボットです。 MyGrid Scalper Ultimate は、MyGrid Scalper EA の有料バージョンです https://www.mql5.com/en/market/product/87277 数千人のユーザーが使用していることが証明されています。 MyGrid Scalper Ultimate は派生物であり、Super Grid Scalper EA の一部です。 https://www.mql5.com/en/market/product/85399 MyGrid Scalper Ultimate は、数千人のユーザーが無料版を使用して、実際のアカウントで既に動作する高度なグリッド システムです。したがって、購入する前に無料版を試すことをお勧めします。 特徴： さまざまなロット モード: 固定ロット、
Altri dall’autore
AR Trades
Momchil Shoshorov
Experts
Multi currency Multi time frame expert advisor based on price action. Works with currency majors, crosses, exotics, indexes, etc. EA looks for longer candles than the average candle range to open a position. By default it works on daily time frame, so there will be only few trades per week. There is an initial take profit for each trade and a basket stop loss, which is percentage from the account. Recommended pairs: All 28 majors and crosses. Exotics and indexes are a bit tricky becaus
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