Watch how to download trading robots for free. Find us on Facebook! Join our fan page. Access the CodeBase from your MetaTrader 5 terminal. Couldn't find the right code? Order it in the Freelance section. How to Write an Expert Advisor or an Indicator.
Various applications to automate analysis and trading are available in the 'Expert Advisors' section. It features various applications based on different trading algorithms and provides different degrees of automation.
You can find simple EAs and complex trading robots that can fully automate analysis and trading processes. These applications can be downloaded and run in MetaTrader 4. It is recommended to test and optimize Expert Advisors in the Strategy tester.
The Expert Advisors from the library can be accessed from the MetaTrader 4 platform and the MetaEditor development environment. This robot optimizes the values it uses for overbought and oversold based on what would have been profitable during the Optimization periods bars back. Using the strategy of selling when the index indicator crosses below overbought and buying when the index indicator crosses above oversold.
The functions included in this template use two news sources - Investing. It places again both pending orders after the opened order has been closed. Open two buttons on a chart, one for closing all shorts, one for closing all longs.
The buttons labels display the current total profit for each type of order. Test ChartEvent is an example demonstrating the various types of ChartEvent: The source code works both in MetaTrader 4 and MetaTrader 5. Trailing stop allows you to automatically protect the profits with your positions. It adjusts itself according to the current market rate and the amount of pips you give it to trail behind. This expert will copy a trade with the preset volume on the same account, can be used with a signal.
The Proper Bot is for those who like Martingale style trading. Example of a simple breakout trading robot. There are a lot of breakout methods, but this is the simplest one as I think. Please see the attached images to visualize what is the breakout trading The same EA's as previously released. The additional code allows the user to set parameters on RSI and Momentum. The Expert Advisor places pending limit orders at the specified distance from the price and trails them after the price with the specified step, applies martingale.
The Expert Advisor opens positions after the price passes the specified distance. The main idea of the EA is not in accurate entries, but in flexible plotting of grids. Multicurrency hedge example EA overlay hedge. Open Two Pending Orders. Hidden Stop Loss and Take Profit. Ichimoku Kinko Hyo System. Trade panel with autopilot. Example of OnChartEvent Function. Renko Chart from ticks Most precise method.More...