Universal Indicator EA - Expert Advisor for any indicator

merhaba,
metatrader 4 üzerinde çalışırmı ?

 

Yes. For MT4 Indicators

 

Too many order then BooM at the end!

 

Interesting!!

Can I know which indicator you used ?

 

Reversing is a type of martingale. Such systems suggest lot doubling after a losing trade, so that profit could cover previous trade's losses in case of success.

The main difference of the reverse martingale from the classical one is that the deal following the losing one is opened in the opposite direction. Let us review an example:

You open a 0.1-lot Long trade #1;
If the trade closes by Take Profit, the next trade will also have the volume of 0.1 lot;
If trade #1 closes by Stop Loss, trade #2 should be opened immediately after the Stop Loss. This new trade is opened in the opposite direction with a doubled lot: Short, 0.2 lots;
If trade #2 closes with a profit, this profit covers the loss of trade #1 and additionally brings profit;
If trade #2 closes by Stop Loss, trade #3 is opened immediately after the Stop Loss. This new trade is opened in the opposite direction: Long, 0.4 lots;
If trade #3 closes with a profit, this profit covers the losses of trades #1 and #2, and additionally brings profit of 0.1 lots (0.4 – 0.2 – 0.1 = 0.1 lots);
If not, you again open a trade in the opposite direction with a double lot ...
Do you think such a strategy can be profitable? Why not, when used in a trending market? This strategy helps you follow the trend. If you go wrong with the trend in your first trade, you simply close it and open a new one in the trend direction.

 

I copied this article somewhere I forgot the author but I find it interesting, can one make this kind of martingale EA, and would it be profitable?

 

Sorry. This thread is about Universal Indicator EA. Please open a new thread for your discussion

 

Here you are!
But It's blew the account at the end.

 

EA performance is based on your indicator signal accuracy.It blew the account as your indicator is producing many false buy and sell signals.

Download updated version from here

 

Great tool. I'm testing. How to place pending orders?

 

Thank you.

Current version do not have pending order placing ability. It takes instant orders based on indicator signal.

When you need to place pending orders? Explain your requirement, so I can add this feature to EA.

 

Thanks for your attention, what I need is to place a pending order x pips at the minimum of the signal candle. It is also possible to add other filters, like other indicators, in fact a universal inidicator that allows to attach several indicators.

 

Interesting subscribe thread

 

I am trying to attach this indicator with ea but I can't so please check this if work then share set file I am using Ic markets Broker

 

I checked this and is working fine.
Set file is attached.

Signals buffers of your indicator is 0 and 1

 

Thanks I'll check

 

Please tell me your broker

 

icmarkets

 

Can you please send me your WhatsApp number?