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Forex Sentiment Trader PRO EA

5

I have created this  MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it.

Remember to authorize Myfxbook url in WebRequest options in MT4. - Check the Video to know how to do it   Basic Forex Sentiment Trader (The video is from Basic EA, but is the same in the PRO EA)

This is the PRO version from Basic Forex Sentiment Trader EA with more features:

  • Market Sentiment update every 30 minutes instead of 1 hour
  • SL
  • TP
  • BreakEven
  • Trail SL
  • Daily Target Profit
  • Max Daily DrawDown (Useful for prop firm)
  • Max Spread
  • Custom Trade Comments
  • Protection in case a pair is not read correctly from the web (Prevents improper closing or opening of operations)
  • Suffix & Preffix in Symbols will be accepted by Future EA version (I´m working on it)

Take advantage of the initial price! The EA will have several improvements and updates such as built-in News Filter, optional Suffix and Prefix for brokers that have it in the pairs and much more!

The price will go up progressively!

The EA is Multy-currency and can trade on Demo or Real if you want (but be carefully, this tool is made to understand if it is better to trade for or against market sentiment... Use at your own risk)

You cannot baktest this tool since it operates in real time with current data from the market sentiment website.

You can choose any currency pairs you want (I recommend major pairs with less spread) as long as you have them active on MT4 Market Watch.

If the EA is configured to trade in Favor of Market Sentiment, it will open trades in currency pairs that are equal to or higher than the default percentage value chosen (Default 85, but you can choose the percentage you want) and close if it goes down at 60%

If you want to choose to trade Against of Market Sentiment, suppose that the market sentiment is more than 85% Long in EURUSD, then the EA would open a sell order in EURUSD and the order would be closed when the Long drops to 60%


Please leave your suggestions, opinions and comments to support me and know if you like my work as well as possible functions to add in future updates. Thank you!



Comentários 1
jaewon yang
219
jaewon yang 2024.08.15 03:58 
 

Hi, how to add symbols with prefix (r)? have 6 pairs connected correct symbols market watch-website and that`s it rest got prefix EA refuse make connection Thanks

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It seems that something has been modified on the Myfxbook website and the website is not reading properly... Every Pairs is 100%   I am working to update the EA, and solve this problem. In the meantime, please disable it for safety, as the EA reads all pairs at 100% I have created this Free MT4 Tool EA to test if it is more profitable to trade in favor of the mass sentiment of traders or it is better to go against it. The EA is Multy-currency and can trade on Demo or Real if you want (but
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The Average Daily Range Levels indicator shows the ADR levels on the chart as if they were supports and resistances and is updated daily. By default the indicator uses the 5-day average of the daily range. There are several strategies that suggest that these levels can be used to determine where the price can bounce and it is often said that the price can typically move 75% of the ADR. In future versions I may add alerts at each level Can you suggest any changes? Greetings!
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jaewon yang
219
jaewon yang 2024.08.15 03:58 
 

Hi, how to add symbols with prefix (r)? have 6 pairs connected correct symbols market watch-website and that`s it rest got prefix EA refuse make connection Thanks

SALVADOR MARTINEZ RAMOS
1617
Resposta do desenvolvedor SALVADOR MARTINEZ RAMOS 2024.08.15 15:30
Hi! Today I'm going to upload an update with new features, although the prefixes and suffixes are not yet accepted by EA, but I'm going to work on this and I'll try to upload another version on Sunday.
Responder ao comentário
Versão 1.25 2024.08.16
Protection in case a pair is not read correctly from the web (Prevents improper closing or opening of operations)

Improvements to the Daily Loss Limit & Target Monitor

Improvements to the Trail SL