MetaTrader 4 ‣ MT4 Expert Advisors ‣ Tops and bottoms in trend – EA MetaTrader 4
l

Tops and bottoms in trend – EA MetaTrader 4

by

This EA buys when at new low in a down trend occurs with oversold rsi.

inputs for trending range and quality including look back how many bars involved.

sells at new high and same as buy. 

  • Past candle count , look back period for trend conditions.
  • past pips , pip look back range minimum range.
  • trend quality 1-10 , 1 being loose trend / 10 quality trend.
  • stop are placed in pips targets are a percent of stops.
  • 100 being a 1:1 risk reward ratio . 200 1:2 ect
  • lots set at 0.01 , variable.
  • rsi period set at 14, variable and oversold and overbought levels set at 40/60 variable.
  • preset parameters may not be profitable , lots of inputs for optimization.
  • ignore input 17 takeprofitinpips set at 5pips
Alternative:   Expert adviser Easy Robot - EA MetaTrader 4

  d

Tops and bottoms in trend – expert for MetaTrader 4
📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

Similar MetaTrader Trading Tools:

  • Visual Order Processing MetaTrader 4
    Visual Order Processing - EA…     Order_EA is a simple visual oriented program that uses drag & drop scripts to control order processing. Take Profit and…
  • MetaCOT 2 CFTC ToolBox (Set of Indicators) MT4 - indicator for MetaTrader 4
    MetaCOT 2 CFTC ToolBox (Set of…     Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
  • Fig. 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
  • JS-Chaos - expert for MetaTrader 5
    JS-Chaos - EA MetaTrader 5     The author of the idea: JS_Sergey, the mq5 code author: barabashkakvn. The Expert Advisor is based on Bill Williams' strategy.…
  • Function library and Experts for trailing / Yury Dzyuban - library for MetaTrader 4
    Function library and Experts for…     The algorithm for maintaining and closing a position is known to be almost more important that the rules for opening…
  • Figure 1. Trade signals, based on reversal candlestick patterns
    MQL5 Wizard - Trade Signals…     MQL5 Wizard provides the automatic creation of Expert Advisors (see MQL5 Wizard: Creating Expert Advisors without Programming). The CSignalCandles class…
  • Fig. 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…
  • Fig. 1. "Morning Star" and "Morning Doji Star" candlestick patterns
    MQL5 Wizard - Trade Signals…     The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal…