ArrowEA Builder A1 Universal EAfor MT4

This is a limited functionality version of the Universal Expert Advisor ArrowEA Builder Q1 for MT4 for creating your own EAs using various arrow indicators. This EA-Version uses our OrderBlocksTrigger indicator, which you will find in the market MQL5. In the full version, which you can find also in the market MQL5, all functions for changing the indicators used are available.

https://www.mql5.com/en/market/product/133788?source=Site+Market+MT4+New+Rating006

If you want to purchase source code with the options to change the logo and name of the EA, time limits and account numbers for use, please contact us.

Full Version includes:

• Use time control 1 and Use time control 2 (false / true) - select the period of time of work when true is enabled. If false, the advisor will work around the clock

• Lot - the size of the first order in lots (min. 0.01)

• Mult 0 - the multiplier with which subsequent averaging orders will be opened

• Distance 0 - Distance in pips after which the indicator signal will be accepted to open the next position

• Close by opposite signal (true/false) - Close by indicator signals in the opposite direction using the profit size filter in pips, after which this signal will be accepted

• Min profit for signal close - the profit size filter in pips, after which this signal will be accepted

• Use fix TP (true / false) - Closing by fixed TakeProfit in pips

• Profit 0 - Fixed TakeProfit in pips

• Use dd control 1 and 2 Risk Management Function 

• Level in dd 1 and 2 -  % dd 

• Distance 1 and 2   - NEW Distance in pips after which the indicator signal will be accepted to open the next position

• Mult 1 and 2   -  NEW multiplier with which subsequent averaging orders will be opened

• Pofit 1 and 2    - NEW Fixed TakeProfit in pips

• Magic Number - If you work with several instruments simultaneously on one terminal, you need to specify different numbers for each instrument

• Indicator name   - The name of the arrow indicator used

• Buffer for buy 

• Buffer for sell

• Number of bar for signal

• Font size - changing the font in the expert panel

The chart also displays the zero price of the grid from all open orders (breakeven level) as a yellow line.

This expert uses a universal panel for all our experts, which displays the following information necessary for the trader:

• Ticker of the traded instrument

• The number of open BUY and SELL orders

• The size of the current unfixed drawdown or profit (with a drawdown of up to 20% - standard color, with a drawdown of more than 20% - red, with profit - green)

• The size of the fixed profit for the current day, week and month

• Two buttons for closing all open BUY or SELL orders manually, if the trader so desires.