Trading utilities for MetaTrader 4

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MetaTrader 4

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Exp THE X FULL

exp-the-x-full-logo-200x200-4661
150 $113 $

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Information

Experts
MetaTrader 5
Vladislav Andruschenko
25.902
10

Overview

Universal automatic Expert Advisor for MetaTrader 5 working on standard indicators. UniversalEA 

  1. The Constructor EA is provided with a large set of functions.
  2. You can select one of 20 signals to open a position and 5 of 20 filters to sort out the signals of the standard indicators included in the MetaTrader package.
  3. Besides, you can adjust the indicator parameters, select a timeframe, and specify a signal bar for each signal.

You can also download The X EA for the MetaTrader 4 terminal The X for MT4

Attention! A new universal trading advisor  Exp - The xCustomEA working on custom indicators:

 The EA contains the following functions:

  • counter-trend averaging,
  • additional opening in the direction of a trend,
  • trailing stop,
  • breakeven,
  • closing by total profit or loss,
  • virtual stoploss takeprofit and trailing stops,
  • ability to use positions or pending/limit orders,
  • martingale,
  • trailing stop by Parabolic,
  • drawdown limitation functions,
  • trading by time and weekdays
  • and many others...

The complete manual and description of the EA settings   + DEMO + PDFcan be found in our blog 

Descriptions of settings and inputs

Even in the blog, there is information on how to optimize and test our adviser The X

If you wish to buy an automated trading adviser with autooptimizations check out our TickSniper!

Note! It is a constructor of strategies with our set of functions. You should optimize the EA based on signals and enabled functions.

Available signals and filters

  1. Ma - Moving Average
  2. MACD - Moving Average Convergence/Divergence (MACD)
  3. STOCH - Stochastic Oscillator
  4. RSI - RSI
  5. CCI - Commodity Channel Index (CCI)
  6. WPR - Williams Percent Range (WPR)
  7. BB - Bollinger Bands
  8. Envelopes - Envelopes
  9. Alligator - Alligator
  10. OsMA - Moving Average of Oscillator (OsMA)
  11. AO - Awesome Oscillator (AO)
  12. Ichimoku
  13. Accelerator/Decelerator (AС)
  14. Bar
  15. ADX
  16. ZIGZAG
  17. ATR
  18. ADX Wilder
  19. Money Flow Index
  20. Fractals

Main parameters 

Trading strategy

  • IndSigToTrade - selection of signal type;
  • TF_IndSigToTrade1 - selection of timeframe for the signal;
  • Signal_Reverse - reversing the main indicator signal;
  • ClosePositionifChangeOWNSignal - closing opposite positions when the main signal changes;
  • OWNSIGNAL_shift - bar a signal is taken from: 0 - from the current one, 1 - from the first closed one, 2 - from the second closed one.....;
  • FILTER_IndSigToTrade2 - FILTER_IndSigToTrade6 - selection of signal type for filtration (five filters can be used simultaneously);

SIGNAL FUNCTIONS

  • OpenBarControlOnly - only open positions at bar opening (emulation of operation mode "Open bars only");
  • TypeTradeBUYSELL - selection of position types to be opened (BUYSELL, OnlyBuy, OnlySell);
  • ReverseSignal - true - reverse a strategy signal;
  • ONlyOnePosbySignal - opening only one position: either BUY and / or SELL;
  • OnePosPerDirection - allow having one position per direction (BUY SELL);
  • OnlyOnePositionPerMagic - opening only one position by magic number (on the entire account);
  • OnlyAlternateSignals - alternate position types: BUY SELL BUY SELL;
  • MAX_BUY_POSITION -MAX_SELL_POSITION - the maximum number of BUY SELL positions;
  • ClosePosifChange - close positions when an opposite signal emerges;
  • MaxSpreadToNotTrade - MinSpreadToNotTrade - min/max allowed spread for the EA operation;

MAIN TRADING FUNCTIONS 

  • StopOrderUSE - Use pending orders or limit orders, false = open positions;
  • StopOrderDeltaifUSE - distance for pending orders;
  • Lots - fixed lot;
  • DynamicLot - dynamic lot;
  • LotBalancePercent - risk % of deposit for the dynamic lot;
  • Martin - martingale ratio for a trade following a losing one, not used of set to 1;

    OTHER FUNCTIONS AND SETTINGS

    Attention! This is a universal trading strategy builder! You must optimize it for your requirements!

    Developer Vladon - Expforex


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