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REGISTER PARTICIPANTS Expert Flexible Ea Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 8, 2020.

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  1. Emma McNeill

    Emma McNeill Moderator
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    #flexibleea

    flexibleea-logo-200x200-1992.png

    Flexible EA works by loading your custom indicators into the EA to trigger Buy/Sell signals and TP/SL signals, also it has built-in advanced grid, averaging, trailing, and filtering systems.

    Many times it happened that you grabbed a nice indicator and sat watching its beautiful blue and red arrows or dots popping up on your chart indicating buy/sell signals that you only wished if you can backtest this indicator to see its performance.

    Well this happened to all of us and many many times. On top we all wasted money creating EAs just to be able to backtest a heroic indicator which ends up being a total loser.

    Here comes Flexible EA, just fill in your custom indicator's name and run a backtest, you can endlessly backtest the 10's or 100's of indicators that you have lying around, you can even auto trade with Flexible EA, it comes loaded with many features.

    It is very important to read my blog You are not allowed to view links. Register or Login to fully understand how Flexible EA works.

    Chart TimeFrame: any

    Supported Indicator Type: Indicators with buffers that show buy/sell signals as arrow up/down, red/blue dot, histograms, etc.

    Features of Flexible EA:

    • Load your custom indicators into the EA and set which is the Buy/Sell signal buffer.
    • Either trade single orders or enable the grid trading system to follow up and average your orders.
    • Average your trades with a basket Take Profit system or enable Trailing for the entire baskets.
    • Set a minimum distance (pips) between opening same kind trades for grid trading, a distance multiplier to avoid opening many orders.
    • Built-in Filters: Start/Stop Time filter, advanced MA filter, RSI filter, News filter.
    Parameters
    General Parameters
    :

    • Trade Comment: Your comment here.
    • Magic Number: 90211
    Trading Parameters:

    • FIFO Compliance: False (enable this parameter for FIFO brokers only).
    • Trade Direction: BothDirections (forces the EA to trade in one direction only).
    • Time Filter: False (allows the EA to open the first trade according to the timer below).
    • Start Hour: 0 (Time Filter related).
    • Start Minute: 0 (Time Filter related).
    • Stop Hour: 0 (Time Filter related).
    • Stop Minute: 0 (Time Filter related).
    • Trade on Friday?: Yes.
    Indicator Parameters:

    • Select your signal source: No_Indicator (This is a very important part: Please read the You are not allowed to view links. Register or Login
    • Exact name of your Custom_Indicator_A: IndicatorArrows (Please read the You are not allowed to view links. Register or Login
    • Custom_Indicator's Timeframe: current (Please read the You are not allowed to view links. Register or Login
    • Custom_Indicator's Buy Buffer#: 0 (Please read the You are not allowed to view links. Register or Login
    • Custom_Indicator's Sell Buffer#: 1 (Please read the You are not allowed to view links. Register or Login
    • Indicator Shift: 1 (recommended 1 for Custom indicators and 2 for the Fractals indicator).
    Built-in Filters:

    News Filter

    • Enable News Filter?: No (Enables the News Filter, pauses trading before/after news).
    • News GMT Offset: -3 (Set the correct GMT Time offset to match the time difference between your broker and the news on chart)
    • News Symbol Filter: USD,EUR (Comma separated list of the symbols you're interested to see on your chart).
    • High impact Before/After pause duration (min): 20 (Stops trading before and after a high impact news release)
    • Medium impact Before/After pause duration (min): 10 (Stops trading before and after a medium impact news release)
    • Low impact Before/After pause duration (min): 10 (Stops trading before and after a low impact news release)
    • Update News every? (hour): 4 (Downloads updates for the news)
    Note: For news to work properly you need to Allow WebRequest for listed URL: You are not allowed to view links. Register or Login (Please read the You are not allowed to view links. Register or Login

    RSI Filter

    • Enable RSI Filter?: No (Enables the built-in Relative Strength Index Filter).
    • RSI Period: 14 (RSI Setting)
    • (Oversold lvl) Allow Buy’s Below: 30 (RSI Setting)
    • (Overbought lvl) Allow Sells Above: 70 (RSI Setting)
    • RSI TimeFrame: current (RSI Setting)
    MA Filter

    • Enable MA Filter?: No (Enables the built-in Moving Average Filter)
    • MA Period: 150 (MA Setting)
    • MA Method: Exponential (MA Setting)
    • MA Shift: 0 (MA Setting)
    • MA Apply to: Close price (MA Setting)
    • MA Timeframe: current (MA Setting)
    • Allow Buy’s if price is: Above_MA_Line (Select either Above or Below)
    • Allow Sell’s if price is: Below_Ma_Line (Select either Below or Above)
    • Minimum distance from MA line (pips): 20 (Important, Please read the You are not allowed to view links. Register or Login

    Debugging Parameters:

    • Enable Printing in the Journal?: False (Prints out many details in the Journal, Slows down the backtesting process, disable while backtesting for faster performance).

    flexible-ea-screen-1909.png flexible-ea-screen-2127.png flexibleea-screen-1736.png flexibleea-screen-2709.png flexibleea-screen-2444.png

     
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