This is a universal constructor Expert Advisor for MetaTrader 4 with a large set of functions working on standard indicator signals. UniversalEA
- A lot of trading indicators from the standard MetaTrader set.
- Ability to select 1 of 20 signals and 5 filters.
- More than a hundred parameters for customization for your requirements.
- At each signal, you can adjust the parameters of the indicator, select a timeframe, specify a signal bar.
You can also download The X EA for MetaTrader 5 (The X for MT5)
Attention! A new universal trading advisor Exp - The xCustomEA working on custom indicators:
If you wish to buy an automated trading adviser, check out our TickSniper! The EA contains the following functions:
- counter-trend averaging,
- additional opening in the direction of a trend,
- trailing stop,
- breakeven,
- closing by total profit or loss,
- virtual stoploss, takeprofits, and trailing stops,
- ability to use positions or pending/limit orders,
- martingale,
- trailing stop by Parabolic,
- drawdown limitation functions,
- trading by time and weekdays
- and many others.
Attention! This is a strategy constructor with a set of custom features. You should optimize the EA based on signals and enabled functions.
- Dear friends and users of our EAs, please add your ratings in the Reviews section.
- All updates to our forex software are free!
- The developer of forex tools: Expforex
Available signals and filters
Note: The list of signals and indicators is updated continuously.
- MA
- MACD
- STOCH
- RSI
- CCI
- WPR
- BB
- Envelopes
- Alligator
- OsMA
- AO - Awesome Oscillator
- Ichimoku
- Accelerator/Decelerator
- Bar
- ADX
- ZIGZAG
- ATR
- ADX Wilder
- Fractals
Main Parameters
Trading strategy
- TypeTradeBUYSELL - the type of opened positions (BUYSELL, OnlyBuy, OnlySell);
- SetMinStops - auto conversion of placed orders (stop loss, take profit, trailing stop, distance, breakeven) to the minimum possible level on the server;
- OWNSIGNAL_shift - bar a signal is taken from 0 - from the current one, 1 - from the first closed one, 2 - from the second closed one.....;
- IndSigToTrade - signal type;
- TF_IndSigToTrade1 - signal timeframe;
- FILTER_IndSigToTrade2 - FILTER_IndSigToTrade6 - signal type for filtration (five filters can be used simultaneously);
- ReverseSignal - true - reverse a strategy signal.
Main trading functions
- VirtualStops - virtual stops instead of real ones: true - brokers do not see stop levels for all the EA functions!!!!;
- StopOrderUSE - use pending or limit orders, virtual pending or virtual limit orders;
- StopOrderDeltaifUSE - distance for pending orders;
- Magic - magic number.
- StopLoss - stop loss, 0 - not used;
- TakeProfit - take profit, 0 - not used;
- ClosePosifChange - close positions in case of an opposite signal;
- ClosePosition_After_X_Minutes - close position after a specified number of minutes;
- ONlyOnePosbySignal - use a single buy and/or sell position;
- MinSpreadToNotTrade-MaxSpreadToNotTrade - minimum and maximum spreads, at which the EA opens new trades.
- Include_Commission_Swap - automatic calculation of commission and negative swap when used in the breakeven, trailing stop, averaging functions;
- Lots - a fixed lot;
- DynamicLot - dynamic lot;
- LotBalancePcnt - % of deposit;
- MaxLot - a maximum lot for calculation;
- Martin - if 1, then it is not used, Martin ratio for the next deal after a loss-making one.
OTHER FUNCTIONS AND SETTINGS
Attention! This is a universal trading strategy builder! You must optimize it for your requirements!
