Technical Indicators for MetaTrader 4

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MetaTrader 4

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Information

Experts
MetaTrader 4
Evgeniy Zhdan
2.6
15

Overview

This Expert Advisor implements elements of the Martingale system. Orders are opened at a specified distance from the moving average. The Parabolic SAR indicator and certain technical details are used to ensure the most accurate entries.

The EA is highly customizable.

It is recommended for simultaneous use on 4 currency pairs:

  • EURUSD M15;
  • GBPUSD M15;
  • USDJPY M15;
  • USDCAD M15.

Despite good stability, it is advisable to disable the EA operation during the days rich in news releases.


Configurations

  • Percentage of risk - risk percentage per trade.
  • If Risk = 0, the lot will be - lot size, if Risk=0.
  • Take profit in points - profit in points for closing trades.
  • Points from MA - distance from the moving average.
  • Step between orders - step between orders.
  • Profit in percent - if there are more than 1 orders in the market, all orders are closed at the specified profit percentage.
  • Step of SAR - step of the SAR indicator.
  • Close by MA? - close orders based on moving average.
  • Period of MA - period of the moving average.
  • Max Spread - maximum spread limit.
  • Magic - set your magic number

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