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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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# Neon Trade MT4 La nostra comunità Telegram Presentiamo al vostro attenzione Neon Trade - un'innovazione unica nel campo del trading algoritmico sui mercati valutari, utilizzando metodi avanzati di machine learning.  Il nostro consulente è completamente autonomo e pronto per funzionare dopo averlo installato su qualsiasi grafico e time frame. Funziona sul principio - appeso al grafico e dimenticato. L'unica cosa che devi fare è consentire l'accesso alla mia API " https://xmpp.madsysadm.ru " ne
FXMachine
Alexander Kozachuk
3.86 (7)
Statistiche su un conto reale dal 2020 Backtest degli ultimi 13 anni Strategia a basso prelievo Algoritmo multivaluta Compatibile con qualsiasi broker Comprovato sistema di controllo del prelievo Trading su un conto reale dal 2020 : Fai clic qui Trading su USDCAD, EURGBP, GBPUSD, EURUSD: Fai clic qui Trading su EURGBP: Fai clic qui Trading su GBPUSD: Fai clic qui Backtest completi di FXMachine EA disponibili per il download qui: Clicca qui Chi siamo: Lo sviluppo e il support
Trade Vantage ver4
Yvan Musatov
5 (1)
Introducing Trade Vantage : Professional Market Analyst Trade Vantage is a highly effective analytical tool that uses a specialized algorithm for trading on the Forex and cryptocurrency markets. Its operating principle is based on price analysis for a certain time interval, identifying the strength and amplitude of price movements using a unique indication system. When a trend loses its strength and changes direction, the expert closes the previous position and opens a new one. The bot also tak
Form designer ver4
Maryna Shulzhenko
5 (1)
Form Designer : Advanced Trading Bot for Forex and Cryptocurrency Markets Form Designer represents the latest advancement in automated trading technology designed to perform optimally in both the Forex and Cryptocurrency markets (with supported brokers). This highly effective tool has unique capabilities, making it an indispensable assistant for traders. Key features and benefits: Multi-currency: Form Designer supports a wide range of currency pairs, providing flexibility and versatility in
The Expert Advisor works on the basis of wave-like changes in price movements. The dynamic regression channel allows you to accurately predict the price movement in the short term. The Expert Advisor uses the indicator in its trading: https://www.mql5.com/en/market/product/64252 Trading instruments (TF 5m): GBPUSD, EURUSD, USDJPY. The Expert Advisor has been successfully tested with 99% quality quotes, floating spread and random ping since 2003. Optimization of the advisor is not requir
Richter mt4
Yvan Musatov
5 (1)
A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot's algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rise
Hermes EA MT4
Aleksandr Chebotaev
Hello, my name is Alexander. I would like to introduce you to my new development, Hermes EA. The advisor is synthesis of two strategies: breakthrough strategy and level strategy. The EA doesn't use any indicators. The EA works well on EURUSD  pair. The advisor has shown stable performance for more than 20 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to install as possible
Aura Black Edition
Stanislav Tomilov
4.56 (16)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Trendalgo AI MT4
Stefano Frisetti
TRENDALGO e' un EA che utilizza INTELLIGENZA ARTIFICIALE per fare trading 100% in automatico e come dice il nome e' un EA TREND FOLLOWING, funziona bene sugli ASSET che sono in TREND. LAI e' usata per identificare il momento in cui esplodono i volumi, la volatilita' e il momentum, secondo un'equazione proprietaria da me creata che prende in considerazioni questi valori come dati oggettivi e non utilizza nessun indicatore mai. TRENDALGO  apre un nuovo TRADE e lo segue aggiustando continuamente ST
Silicon Ex
Nadiya Mirosh
" Silicon Ex ": Your Reliable Assistant in the World of Forex Silicon Ex is a modern trading bot, specially created for traders in the Forex market. This innovative tool serves as a reliable partner for those who strive for efficient and automated trading. Key Features of "Silicon Ex": Reliability and Stability: Created using advanced technologies that ensure stable and reliable operation in the market. Intelligent Risk Management: Built-in money management system (Money Management) allows yo
Altri dall’autore
AR Trades
Momchil Shoshorov
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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