500 1 metatrader back
This EA will trade using standard MT4 indicators such as Back Averages, MACD, RSI, Bollinger Bands, and so on. The EA was made so that these indicators can be mixed or matched so a number of possibilities can be traded with. Each indicator can be enabled or disabled and many settings are adjustable for each indicator. There are also other features included like multiple time frame capability and money management. As a result, many different trading strategies can be traded from this single EA. Trading results will depend on the strategy metatrader settings you choose to use. Close By Opposite If true, an opposite trading signal will automatically close out an order if it is still open. For example, if a buy order is open and a 500 sell signal is recognized, then the buy trade would automatically close. TakeProfit Amount in pips that the TP will be set at for each trade. StopLoss Amount in pips that the SL will 500 set at for each trade. Slippage The maximum amount of slippage allowed for opening and closing a trade. If the slippage at the time of execution is higher than this amount then the execution will metatrader. Spread The maximum amount of spread allowed for opening and closing a trade. If the spread is higher than this amount, the order will not be executed. Back EA will wait until the spread drops down to allowable levels and try again as long as all indicator conditions are still met. MagicNumber This is a typical Magic Number input for the EA. Set a different number of your choice for each chart you have an EA running on. The magic number must be greater or equal to 0 500 must be a whole number. Lot Mode This is where you should select the type of money management MM that you want to use. The available options are: Fixed Lot Size This input is used if the 'Lot Mode' is set to 1. Risk This input is used if the 'Lot Mode' is set to 2. The higher the number then the higher the lots per trade. This type of MM uses account equity and account free margin in its calculations. Martingale Orders This input is used if the 'Lot Mode' is set to 3. Metatrader input represents the maximum number of times the Martingale multiplier will be applied to the lot size. Martingale Multiplier This input is used if the 'Lot Mode' is set to 3. The input represents the multiplier used for the Martingale trades. For example, if the last losing trade's lot size was 2. Trailing Start The amount of profit in pips that must be reached before the TS is activated. For example, if set to 10 then this means that once 10 pips in profit is reached, the trailing stop will be started and the SL will be moved 'Trailing Stop' pips behind current market price. Setting this input to 0 does not disable the TS. Setting to 0 would simply mean that the TS is immediately started once a pip in profit is reached. Trailing Stop The amount of pips that the SL will trail the market. If set to 0, then the trailing stop will be disabled. Trailing Step The amount of pips difference between each TS modification. For example, if set to 1 then the SL might be modified like this: Break Even Start The amount of pips in profit an order must go before the Metatrader is activated. The BE is disabled if this input is 0. Break Even Pips The amount of the break even relative to the order's open price. For example, if metatrader buy order opens at 1. Use Timer If true, the trade timer is enabled. If false, the 500 timer is disabled. Timer This represents the allowable time period that new trades can be opened. Existing trades will not be closed out if the current time goes outside the timer limits. They would still closeout normally. Only new trades will not be made outside the metatrader times. This input must be in a valid format in order to be used properly. The format should be similar to the default setting. Do not add any strange characters or spaces to the input string. The timer is based on the broker's operating time as seen in the MetaTrader platform. The timer is not based on GMT time or your PC's time. Both hours and minutes can be used in the timer. This input is only used if 500 'UseTimer' input is true. Indicators Shift This input is used for all enabled indicators. It represents the shift that the EA will look at the indicator values. If set to 0, then the EA will consider real-time values. If set to 1, then back EA will look at the last closed bar's values. Setting this input greater than 0 will make the EA use confirmed indicator values. Reverse Signals This input is used for all enabled indicators. It will reverse the signal recognized for each indicator. For example, if the indicator normally is showing a buy signal and this input is true, then the EA would see it as a sell signal instead. The MA signal is when the faster MA is crossed over the slower MA. For example, if the faster MA is higher than the slower MA then this is a buy signal. The MACD signal is when the main MACD histogram bars are crossed over the MACD signal line. For example, if the back histogram bars are above the signal line then it is a buy signal. The Stochastic signal is when the main line metatrader crossed over the signal 500. For example, if the main line is above the signal line then this is a buy signal. And the RSI is Back this is a buy signal since the RSI is higher than the low level but lower than the high level and heading upwards. Back the CCI is Then it would be a buy signal 500 the CCI is metatrader than the low level but lower than the high level and heading upwards. And the WPR is Then it would be a buy signal since the WPR is greater than the low level but lower than the high level and heading upwards. The Bollinger Bands signal is when price moves higher or lower than the upper and lower Bollinger Bands. For example, if price goes metatrader the lower Bollinger Band then this is a buy signal. The Envelopes signal is when price moves higher or lower than the upper and lower Envelope bands. For example, if price goes below the lower Envelope band then this is a buy signal. For a buy signal, the Alligator signal is when the Lips line is higher than the Teeth line while the Teeth line is higher than the Jaws line. And the opposite for a sell signal. The OSMA signal is when the OSMA value is crossed above or below the 0 line. For example, if the OSMA value is 0. If the value is An Awesome Oscillator signal is when there is a "saucer" formation. A "saucer" consists of two increasing bar values that are above 0 having a bar with lesser value between them. Therefore, an "inverted saucer" consists of two decreasing bar values below 0 having a bar with larger value between them. A "saucer" formation requires a minimum of 3 closed candles. Notes Each indicator has it's own time frame setting. So the EA has MTF capability. Each indicator has it's own applied prices setting. For example, SMA, EMA, SMMA, and LWMA. Each indicator has it's own calculation 500 setting. For example, Close, Open, High, Low, Median, Typical, and Weighted. The indicators have a choice of how they will be used: The first is 'Confirmation'. In this mode, the indicator will act as confirmation for the order. For example, let's say the Stochastic is enabled and it is set to 'Confirmation'. Then if the main line is already above the signal line then a buy trade 500 occur. Or let's say the RSI is enabled and set to confirmation. Then if the RSI is already above the low level then a buy trade can occur. The second choice is 'Trigger'. If the input is set to 'Trigger' then this means that there needs to be a fresh signal for a trade. For example, let's say Stochastic is enabled, if the main line crossed over the signal line now then a trade will occur granted other signals and conditions are met of course. REQUEST A QUOTE FREE PRODUCTS HOME. MQL Universal EA Summary This EA will trade using metatrader MT4 indicators such as Moving Averages, MACD, RSI, Bollinger Bands, and so on. Example Demo There is a trial version available to anyone interested. DOWNLOAD HERE This trial version only works for backtesting. This includes Visual Mode also. The trial version will work on any broker, back, or time frame. And there is no expiration date. Purchase The current version is v1. Updates will be made based on customer feedback. If you would like to pay with another method other than Paypal, just let us know. We accept many forms of payment Payment is a one-time fee. You pay once and you are done. All orders are processed manually. Expect delivery within 12 back after payment is back. Your purchase entitles you to free support and updates in the future. It is the responsibility of the customer to check back for updates. We back not do this for you. If you are a customer and want an updated version, simply send us an email and we would be happy to send you the update free. Your purchase entitles you to use this EA with no expiration date. Your purchase entitles you to use this EA on 5 different account numbers total. The broker, server, and type of account does not matter. If you use more than 5 account numbers, you 500 need to purchase again. After payment, email us your account number s that you want this EA to work on. You do not need to use all 5 account numbers at once. You can wait to use the remaining account numbers at a later time. There are no refunds. Ask any questions and see examples before paying. Once payment is received, it is final.
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