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Euro Power

This trading algorithm is an Expert Advisor (EA) coded in MQL5 for use in MetaTrader 5. The EA is specifically designed to trade the EUR/USD pair on the 5-minute timeframe, utilizing various technical indicators and strategies.

Key Features of the EA:

Multiple Strategies:

  • The EA employs over 10 distinct strategies, each based on different technical conditions such as RSI (Relative Strength Index), Moving Averages (MA), support and resistance levels, and candlestick patterns.
  • Each strategy is designed to either open a buy or sell trade based on specific market conditions. For example, some strategies trigger a trade when the RSI crosses certain levels or when the price moves significantly in a short period.

Risk Management:

  • The EA uses stop-loss and take-profit levels to manage risk. These levels are determined based on the current bid/ask prices and the strategy being used.
  • It calculates the appropriate lot size based on account balance, ensuring that trades are proportional to the available equity.
  • The EA incorporates automatic lot size calculation, enhancing precision in trade execution and overall risk management.

Time Management:

  • Trades are only allowed within specific time frames, which can be customized. This helps to avoid trading during periods of low volatility or high spreads.

Custom Indicators:

  • The EA calculates custom moving averages of the RSI and uses these in its decision-making process.
  • It also computes support and resistance levels based on recent highs and lows over various periods.

Notifications:

  • The EA has the option to send push notifications when a trade is opened, detailing the entry point, stop-loss, and take-profit levels. (To enable notifications, go to the MetaTrader 5 settings and activate mobile notifications.)

Modular Functions:

  • The EA is built with modular functions for calculating indicators, checking trade conditions, and managing trades. This makes the code easier to understand and modify.

Example Strategies:

  • Strategy 1: A sell trade is opened if the 50-period MA is above the 100-period MA, and the price has moved significantly upwards.
  • Strategy 5: A buy trade is triggered if the RSI from the previous period is above 72 and the current RSI is below 63, provided the price is below the 200-period MA.
  • Strategy 16: A sell trade is initiated if a series of conditions involving RSI, support levels, and moving averages are met, indicating a potential reversal.

How It Works:

  • The EA runs on a timer (OnTimer) to check trading conditions every time a new candle forms (or at the specified interval).
  • For each tick, the EA calculates necessary indicators, evaluates the conditions for each strategy, and if any conditions are met, it executes a trade.
  • The EA also manages open trades, ensuring they are closed when their take-profit or stop-loss levels are reached.

Tested and Reliable

Our EA Bot has been extensively tested from 2015 to the present day, proving its reliability and effectiveness in real market conditions. This long-term testing ensures that the bot is equipped to handle market challenges and deliver consistent results.

This EA is designed for traders looking for an automated solution to trade EUR/USD on a short-term basis, employing a wide range of technical strategies to identify potential trading opportunities. It balances a robust approach to trade decision-making with careful risk management, making it suitable for various market conditions.


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Arseny Potyekhin
4.67 (3)
Uzman Danışmanlar
Dear Traders, I am very pleased to introduce our latest project to you. EA BitBull . Real cryptocurrency trading has now become a reality! Signals: Live Signal 1 Live Signal 2   Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price will steadily increase to limit sales. Next price is 790 USD . With the help of our esteemed partners from all over the world, we have succeeded in developing an innovative crypto strategy. This strategy seam
SFE Impulse
Joel Juanpere
5 (1)
Uzman Danışmanlar
This expert advisors search for perfect impulse setups.  The approach is use a very few but high effectives rules / filters and an effective management of the opened position. 5 Units left at 1.500 USD. Next price 10.000 USD Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default parameters. Only the paramet
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
Uzman Danışmanlar
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Gold Excel MT5
Gregory Hay
4.81 (16)
Uzman Danışmanlar
Hoşgeldiniz       GoldExcel EA MT5 sürümü   , bugün XAUUSD (GOLD) döviz çifti için geçerli işlem. Ekibimiz tarafından normal hesapları, sponsorlu hesapları ve etkinlikleri yönetmek için tasarlanmıştır. Yüksek frekanslı ticaret kullanmayın. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Başlangıç fiyatı birkaç haftada bir artar. JinZhuo       Bu yalnızca altın çiftlerini kullanan bir günlük ticaret stratejisidir. Altın çiftleri yüksek günlük oynaklıkları, yüksek o
HFT PropFirm EA MT5
Dilwyn Tng
4.69 (13)
Uzman Danışmanlar
Versione MT4: https://www.mql5.com/en/market/product/104871 Monitor delle prestazioni della sfida HFT MT5 (non per account live): Broker: Fusion Market Login: 89600 Password: Greenman89$ Server: FusionMarkets-demo Oltre 700 recensioni autentiche a 5 stelle per la versione MT4 rilasciata in precedenza: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canale pubblico: https://www.mql5.com/en/channels/hftpropfirmea Versione MT4: https://www.mql5.com/en/market/product/104871
Ai Multi Trend MT5
Mansour Babasafary
4.31 (26)
Uzman Danışmanlar
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
Daytrade Pro Algo MT5
Profalgo Limited
3.88 (8)
Uzman Danışmanlar
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipende
Bitcoin Robot MT5
Marzena Maria Szmit
4.32 (34)
Uzman Danışmanlar
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Dark Algo MT5
Marco Solito
5 (42)
Uzman Danışmanlar
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Hercules AI
Aleksandr Chebotaev
2.6 (30)
Uzman Danışmanlar
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 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 insta
US30 Scalper EA MT5
Lo Thi Mai Loan
5 (10)
Uzman Danışmanlar
Başlangıç ​​promosyonu! Mevcut fiyattan sadece birkaç kopya kaldı! Sonraki fiyat: 1533 $ Son fiyat: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA, tic
Ultimate Bot
Mr James Daniel Coe
4.64 (11)
Uzman Danışmanlar
Bir danışman fiyatına 8 danışman Devamı da gelecek. Satın almanız gereken son bot! Ultimate Bot , trend takibi, ortalamaya dönüş ve kırılma modellerinin bir kombinasyonunu kullanarak XAUUSD, GBPUSD, AUDCAD, USDCAD, EURGBP, EURUSD, GBPJPY, USDJPY ve EURJPY ticareti yapan çok stratejili bir Uzman Danışmandır. Her strateji hesap öz sermayesi üzerinde işlem yapar, bu nedenle bir grup düşüşteyse, diğerleri performansı optimize etmek için birlikte çalışarak risklerini azaltır. Bir kez grafik kurulu
Parrots Breaker
Siti Hadijah Lena
Uzman Danışmanlar
Only  1 copies left at current   price!,   Next Price 599 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not use
FT Gold Robot MT5
Marzena Maria Szmit
4.35 (48)
Uzman Danışmanlar
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
Quantum StarMan
Bogdan Ion Puscasu
4.91 (77)
Uzman Danışmanlar
Herkese merhaba, kendimi tanıtayım: Ben   Quantum StarMan,   Quantum EAs   ailesinin heyecan verici, en yeni üyesiyim. Ben, 6'ya kadar dinamik çifti işleme gücüne sahip, tam otomatik, çok para birimli bir EA'yım:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD ve USDCAD   . En yüksek hassasiyet ve sarsılmaz sorumlulukla ticaret oyununuzu bir sonraki seviyeye taşıyacağım. İşin ilginç tarafı şu: Martingale stratejilerine güvenmiyorum. Bunun yerine, en yüksek performans için tasarlanmış gelişmiş bi
Big Forex Players MT5
Marzena Maria Szmit
4.8 (40)
Uzman Danışmanlar
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
TrendMaster FX
Chen Jia Qi
4.47 (72)
Uzman Danışmanlar
MT5 EA Tanıtımı: Gelişmiş algoritmalar ve derin öğrenme teknolojisi ile güçlendirilmiş EA'larımız, sizi forex ticaretinin karmaşık dünyasında yönlendirmek için titizlikle tasarlanmıştır. Sistem, piyasa faaliyetlerini özenle analiz eder ve önceden belirlenmiş kriterlere göre işlem yapar, böylece piyasa eğilimlerini daha etkili bir şekilde kavrayabilirsiniz. Önerilen Para Birimleri: Canlı sinyal: TrendMaster FX MT4 versiyonu: TrendMaster FX MT4 İsteğe bağlı para birimleri: GBP/USD (GBPUSD) USD/CAD
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Sürüm 1.11 2024.08.27
Change the Email Notifications to Push Notifications.
Sürüm 1.10 2024.08.25
Improved Risk Management: The EA now incorporates more dynamic lot sizing based on account balance, ensuring better risk management. The basic lot size calculation adjusts according to the account balance.

Enhanced Notification System: The EA includes an optional email notification system for each trade executed, providing details on the entry point, stop loss, and take profit levels.(must enable MT5 email notifications)