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Universal Indicator EA - Expert Advisor for any indicator

Discussion in 'Expert Advisors or Forex Robot' started by Afsal, 07 Sep 2019.

  1. Threadmark: First post of thread
    Afsal

    Afsal Member Credit Hunter

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    "Universal Indicator EA" without any restrictions (No Time or Account Type Limit)

    This EA is made with the concept of using a single expert advisor for all indicators
    So It can work with any Indicator that gives Buy and Sell Signals.

    This can work in demo or live account for unlimited period of time .

    You can use it on any time frame ...

    In settings Give the name of Indicator to be used by EA and start trading.
    EA will use default settings of given Indicator.

    Verify trades taken by EA comparing with Indicator signals. If found wrong find the right buffer for signal from indicator and change that under buffer settings.

    Use it on demo first for at least a week ...
     

    Attached Files:

    • Winner Winner x 1
  2. Fury16

    Fury16 New Member

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    merhaba,
    metatrader 4 üzerinde çalışırmı ?
     
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  3. Afsal

    Afsal Member Credit Hunter

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    Yes. For MT4 Indicators
     
  4. Komson

    Komson Member Credit Hunter

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    upload_2019-9-10_14-0-39.png
    Too many order then BooM at the end!
     
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  5. Afsal

    Afsal Member Credit Hunter

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    Interesting!!

    Can I know which indicator you used ?
     
  6. Fanta

    Fanta New Member

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    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.
     
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  7. Fanta

    Fanta New Member

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    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?
     
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  8. Afsal

    Afsal Member Credit Hunter

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

    Komson Member Credit Hunter

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

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    • Informative Informative x 1
  10. Afsal

    Afsal Member Credit Hunter

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    Last edited: 12 Sep 2019
  11. brunocsl

    brunocsl New Member

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    • Friendly Friendly x 1
  12. Afsal

    Afsal Member Credit Hunter

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    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.
     
  13. FXPIP

    FXPIP Member Credit Hunter

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    omg )) broker usually let you open < 200 positions ))
     
  14. forexrobotbraz

    forexrobotbraz New Member

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    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.
     

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  15. ayub422

    ayub422 New Member

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  16. ayub422

    ayub422 New Member

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    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
     

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  17. Afsal

    Afsal Member Credit Hunter

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

    Signals buffers of your indicator is 0 and 1
     

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  18. ayub422

    ayub422 New Member

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    Thanks I'll check
     
  19. ayub422

    ayub422 New Member

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    Please tell me your broker
     
  20. Afsal

    Afsal Member Credit Hunter

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    icmarkets
     

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