The profitable daytrading expert advisor for Metatrader 4 is based on the Stochastic and MACD technical indicators. It uses the following indicator settings: For MACD: 12,26,9 For Stochastic: 5,3,3 The author recommends to use the daytrading EA on the 5-minute charts with 20 pips target. It’s also recommended to use it on low spread currency […]
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The Pivot Point Metatrader expert advisor is an autotrading bot based on the daily pivot point and the accompanying support and resistance levels. It’s highly recommended to attach this forex robot to the 1-hour trading chart. You can attach it to any currency pair of your preference. The buy/sell trade logic goes as follows: Open […]
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The trade channel scalper forex robot for Metatrader 4 uses simple buy and sell trade logic to scalp the market multiple times a day. It’s based on a simple price channel that consists of an upper and lower border. The buy/sell trade logic goes as follows: The expert advisor will open a buy trade with […]
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The profitable moving average expert advisor for MT4 uses only one moving average to open and close automated buy and sell trades. It’s recommended to use this EA on the daily chart using closing prices. This robot uses simple, yet effective money management based on previous trade performance. Opening automated buy and sell positions are […]
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The 2 moving average CCI Forex Robot is based on a crossover strategy of two moving averages and the CCI technical indicator. Opening automated buy and sell positions are based on the crossover of the fast MA and the slow MA. A buy signal occurs when the fast MA crosses above the slow MA from […]
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The Fractal ZigZag MT4 expert advisor executes automated buy and sell trades based on the Fractal and ZigZag technical indicators. It appears to work the best on the 1-hour time frame and above (see the test results below). This EA uses a 25 pips take profit target with 20 pips initial stop loss. The trailing […]
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The Multi Lot Forex scalper expert advisor opens multiple lots to try maximize profits on any pair. The buy/sell trade logic is based on the MACD indicator. Above the zero level, MACD is positive while below negative. The default take profit target is set to 40 pips accompanied with a 20 pips trailing stop loss. […]
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The Bull Bear scalper expert advisor generates powerful automated trading signals on any pair and time frame. However, the programmer recommends to use the robot on the GBPUSD currency pair for best results. The buy/sell trade logic is based on the bull bear technical indicator. The default take profit target is set to 150 pips […]
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The ZeroLag MACD expert advisor is an automated trading tool based on the MACD indicator with zero delay. Buy and sell signals are based on the zero line crossover of the ZeroLag MACD indicator. The trend is positive when the ZeroLag MACD indicator trades above it’s zero line. The trend is negative when the ZeroLag […]
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This simple MT4 indicator displays the previous weekly high and low price + previous daily high and low price. It’s a great price action indicator that can be used to trade daily and weekly price breakouts. The indicator plots the H-L levels directly on the trading chart. How to trade price breakouts? A buy breakout […]
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