Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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FX Direction PRO MT5

fx-direction-pro-mt5-logo-200x200-5882
98.00 USD83.30 USD

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Information

Experts
MetaTrader 5
Andrew Fedotov
2.0
88

Overview

FX Direction PRO -   The EA opens trades near previous highs when the price rises (uptrend)   and around previous lows when prices are falling (downtrend). For filtering, an advanced trend indicator with a choice of a timeframe and sensitivity settings is used. The Expert Advisor can be used on any financial instruments and any time intervals.

The new versions of the EA have an algorithm for restoring unprofitable orders!

Advantages:

  • The Expert Advisor is easy to set up and use.
  • Built-in algorithm for restoring unprofitable orders!
  • Built-in automatic lot calculation.
  • An efficient trend filter is built in.
  • Overlapping of unprofitable orders is built in.
  • It can be used with any financial instrument.
  • Convenient panel for opening additional orders or closing all open orders.

    Parameters:

    General Settings:

    Start lots -   volume for opening the first order.

    Buy trades -   enable / disable buy orders.

    Sell trades -   enable / disable sell orders.

    New cycle -   allow the opening of new orders after the current ones are closed.

    Autolot -   enable / disable automatic lot calculation.

    Autolot deposit per 0.01 lots -   the amount of the deposit for every 0.01 when using an autolot.

    Maximum size for order - The maximum order size in lots.

    Take Profit -   profit in points.

    Recovery Algorithm - enable / disable the algorithm for recovering unprofitable orders.

    Use Recovery Algorithm after number of orders - Allow recovery after the specified number of orders.

    Step settings:

    Multiplier -   coefficient for each subsequent order after the first.

    Fixed Step -   step between orders.

    Dinamic Step start after number of orders - allow a dynamic step after the specified number of orders.

    Step multiplier - multiplier for dynamic step.

    Signals:

    Trend period - Sensitivity of the trend indicator.

    Trend timeframe - Trend filtering timeframe.

    Period first - fast variable of the oscillator.

    Period second - slow variable of the oscillator.

    Period third - slowdown of the oscillator.

    Method oscillator - the method for calculating the oscillator.

    Price osillator - the price of the used oscillator.

    Up level - overbought zone.

    Low level - oversold zone.

    Advisor settings:

    Magic -   The magic number of the advisor.

    Slippage -   maximum slippage in points for opening / closing orders.

    Spread limit -   maximum spread for opening orders.

    Maximum orders - the maximum number of orders.

    Show EA panel - show / hide the panel.

    Font size - font size.


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    RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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