What does Forex Expert Advisor mean?
Expert Advisor is a computer program based on a set of forex trading signals
generated by forex indicators that helps determine whether to buy or sell a currency pair at any one time. Also, an expert adviser may be based on the dependencies and do not contain indicators. Expert Advisor is designed to remove the psychological factor of trading, which can be
harmful.
Here you can buy unique Expert Advisors based on unique forex trading strategies, developed by our analysts, mathematicians, and programmers. Expert Advisor is reliable trading "assistants" that can trade automatically without your involvement or simply help you make trading decisions by issuing appropriate trading signals. Our expert advisors are developed to be utilized on MetaTrader 4 platform - the best free trading platform according to independent opinion.
Expert Advisor is developed, using MQL4 language. Expert Advisor helps traders to make right decisions without taking into account fear, inconsistency, tiredness, greed and other feelings, conditions and morale, which can close the door to successful trade.
The goal of Expert Advisors is to give traders the possibility to speed up execution of forex trading operations. Expert Advisors can work in automatic mode, saving you from monotonous repetition of various actions. It simplifies work of traders, saving their time. Now you don’t have to monitor forex market movement, you only have to turn Expert Advisor on.
Money management, opening of new trade, cutting losses, closure of profitable positions – Expert Advisor can do all these operations for you. But there is one important note: you should know and understand mechanisms and basic features of forex trading and always remember that Expert Advisor is only a tool and you can’t fully rely on it. The main element of forex trading is a trader, and Expert Advisor will always be on the second place. Successful trading fully depends on timing and the setting of Expert Advisor, made by you.
With the purchase of any of 25 Expert Advisors (forex expert advisors) developed by BJF Trading Group inc. professionals you also get:
Additional MetaTrader expert advisors file (.ex4)
Initial code expert advisors file (.mq4) to correct the code in accordance with your needs at any time
Check a COMPARISON TABLE with the summary of 25 Expert Advisors from BJF Trading Group inc.
Strategies for currency specific trades as well as unified strategies that are not currency specific
Our expert advisors easy to install and utilize, no special knowledge required
Our expert advisors can be used on demo or real accounts
24/7 customer support
Free regular upgrade for all expert advisors after purchase
Flexible discount system for more than one purchase
Not sure what kind of MetaTrader Expert Advisor you need? Check the FAQ section below.
What is a Forex Expert Advisor?
Why is it necessary to use Expert Advisors?
What is MetaTrader 4 Trading Platform?
How to install Expert Advisors.
How can I check the efficiency of the Expert Advisor?
Thank you very much for your metatrader expert advisors. At last I started to trade with a reasonable profit. I would like to form a portfolio, what other expert advisors would you advise to buy? Denis G.
I am a trader with over 8 years of experience. My colleague persuaded me to buy your metatrader 4 expert advisor. I was very skeptical, because have tested thousands of expert advisors before. However, the results amazed me. I have changed parameters a bit and included it into my portfolio. Mario D.
Thank you. I ordered an metatrader expert advisors from you which trades on the basis of my strategy. I am very satisfied - the quality is perfect. I also bought your expert. The result - profit is almost 1000 pips. Matthew A.
I have always been sceptical about purchasing metatrader expert advisors. I purchased your expert advisor. The results are beyond my expectations. Richard C.
I have also purchase several of their expert advisors. I have back tested the US/JPY, and the AUD/USD and had good results. The EUR/CAD is different but still profitable. I am now beginning forward tests on a demo account. I'll let the group know what my results are. I'm also interested in the results of anybody else who has purchase these EAs or anybody elses. H. Curtis. (forex-tsd.com)
I am also using products and programming services of iticsoftware.com. The technical support is immediate and very efficient. Thank you guys for the top quality and good perfomance! Marbo. (forex-tsd.com)
i use indicators and MQL4 programming Service by iticsoftware I did very good experiences. I use the service and am very content with it. Alex. Alex.Piech.FinGeR (forex-tsd.com)
Within the last month, I have purchased several metatrader expert advisors from iticsoftware.com, and have found each one to reasonablely priced, and very efficient. No, they are not the holly grail of trading, and they will not close out each trade with a win, but if you are looking for an EA that will consistently make you money, with only very small drawdown, then this is the place to look. My recommendation would be to buy while the big discount is on.
And if you still have questions, and are not one to believe in anyone's backtesting, I would have a look at their forward testing. If you can't find the login information on this forum, just send them an email and ask. All forward tests are done with AlpariUK, which I was not familar with, but I downloaded a demo just to look at the forward test results. Have a look you will not be disappointed.
I have also had them program 2 EA's for me. They have been quick about getting them back to me, and were equally quick making small changes in my EA's to make sure that I was satisified with the EA. I finished programming my EA's for the time being, but if I ever need to have another EA programmed, this is the company that I will choose. Stephen B (forex-tsd.com)
Professionals! Boris Stanislav , You are Real Masters
Great Job, It is not easy to find guys like You, Top Job. Exactly like I wanted. Huge Step forward for me. Brand new Chapter in my Trading. My strategy had been coded. I can see clearly now every detail . Makes me think. I am realy inspired by opportunities You can give . Looking Forward to work together on my next idea. Andriy. (forex-tsd.com)
I have purchased several metatrader expert advisors from iticsoftware.com three months ago. I have tested EAs and had same results with iticsoftware.com backtests. At the same time I have started live trade using EAs portfolio and the results "made me happy" (1185 pips/85days on average 418 pips/month). I would like to buy Expert Infinity and thinking about adding MM to the portfolio.
No comparison with the previous disappointing experience I had with several companies and theirs publicized Grails. mtleonar (forex-tsd.com)
Recently used Boris servicres to program an expert advisors. Execlleny service and response time. Professional programing. I will consider buying their expert advisors. ottawatrader.
This is the first time I have used a programer and Boris did an outstanding job making a custom indicator to my specifications today. I could not be happier with his service...
I feel fortunate to find someone so good right off the bat and plan on using him for many other projects....Trip Trap.
DISCOUNT CALCULATOR
Choose more than one EXPERT ADVISOR to check the amount of EXTRA DISCOUNT !
Forex scalping has more demand lately and its absolutely legal in the forex market. Forex scalping can be done manually or by using a forex scalping expert advisors.Scalpers use all sorts of platforms for forex scalping strategies currencies, but probably one of the most common is MetaTrader 4.
How does the "Stomper" Forex Scalping Expert Advisor work?
Forex Scalping Expert Advisor "Stomper" determines volatility zone and calculates the optimal channel on timeframe M15. Expert Advisor "Stomper" - Forex Scalping Expert.
What Does Forex Scalping Mean?
A trading strategy used to buy a currency pair and then to hold it for a short period of time in an attempt to make a profit. A forex scalper looks to make a large number of trades and earn a small profit each time.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Money Management: Stop Loss and Take Profit, closing at the time
Customization: possible upon the request
How does the "V-Trader" EURCAD & AudCad Expert Advisor work?
The "V-Trader"expert advisor is a completely automated trading system; it is based on the channel strategy and the analysis of the market volatility. The expert advisor opens orders from the channel border (we do not use the channel of linear regression and high low levels) at the moment of low volatility and closes order at contact with the opposite border of the channel. The expert advisor does not trade when volatility is high. Market volatility is identified on the basis of the unique indicator of tick volumes. The expert advisor is not the scalping advisor, because the purposes of the expert advisor – more than 10 points, and position life time – more than several minutes. Expert Advisor V-Trader Home Page
We plan to add completely automatic analysis of the market fundamental news calendar in the second version of the expert advisor; it will allow to create more universal and professional tool. Stoppage of trade some time before closing of the forex market on Friday and renewal of trade some time after opening of the forex market on Monday for avoiding gaps after weekend. The level of spread, at exceeding of which the advisor does not trade, is adjusted.
Recommended brokers: Major brokerage companies with real volumes ticks data (FXCM, FXDD, etc.)
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
The expert advisor detects the most improbable moments of breakout and enters from channel borders. Thanks to unique algorithm the metatrader expert works all day and night and is not run the danger of night spread extension. The expert advisor uses pending limit orders; it guarantees coincidence of back and forward test, and also work on “real” with any volumes of transactions. In an emergency, when it is impossible to set the limit order, the metatrader expert is opened from the market, that is the double mechanism of protection of tests correspondence.
It has high capability of parameters and ease of their optimization, because flexibility of expert advisor allows to operate by means of only two basic options (ChannelPeriod and volume_period), which only set the optimal trading scale for profit growth; the system is profitable in any case, no matter what parameters are used. Small drawdown allows to use lots up to 50 % from deposit (High risk!), but, nevertheless, you should leave a reserve and use 10-20%.
Recommended brokers: Major brokerage companies with real volumes ticks data (FXCM, FXDD, etc.)
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
MetaTrader Expert Advisor U P S T R E A M Portfolio
Money Management:Stop Loss and Take Profit, position reversal
Customization:possible upon the request
How does the "Upstream" Expert Advisor work?
Forex Expert Advisor "Upstream" EUR/JPY, EURUSD, GBPUSD, AUDUSD based on two Moving Average Indicators. Firts one - Slow Moving Average Indicator, second -fast Moving Average Indicator. Moving Average is a type of finite impulse response filter. A moving average is commonly used with time series data to smooth out short-term fluctuations and highlight longer-term trends. Slow MA used in expert advisor "Upstream" to smooth out long term trend, fast MA to smooth out short-term trend. Expert Advisor Upstream Home Page
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
Forex scalping has more demand lately and its absolutely legal in the forex market. Forex scalping can be done manually or by using a forex scalping expert advisors. Scalpers use all sorts of platforms for forex scalping strategies currencies, but probably one of the most common is MetaTrader 4.
Concept: Forex Scalping Expert Advisor based on LR-Channel Indicator
Money Management: Stop Loss and Take Profit, closing at the time
Customization: possible upon the request
How does the "IntellectualPro" Forex Scalping Expert Advisor work?
Scalper operates on the basis of finding the optimal channel on timeframe M15 and definition of orders from the found channel’s confidence intervals. Unlike most forex scalpers, TakeProfit and StopLoss are not fixed and depend on channel’s width and angle of slope. We also developed special library for forex scalping EAs scalper.dll, which finds the optimal channel. It performs complex iterative calculations of channel with the least and decreasing mean-square deviation in channel. This channel defines the most probable corridor of price movement. We also revealed the most acceptable trade hours for each pair on the basis of the researches of dependence of volatility market on time. Several closely correlated currencies pairs were chosen to work with, and the Expert Advisor was adapted to work on these pairs. It allows to lower drawdown and thereby gives an opportunity to use integrated system Money management very efficiently, with higher %.
Developers: This Expert Advisor is the teamwork result of BJF Trading Group and SLP Trading companies. It took our mathematicians and programmers over a year to develop the product. The idea for the creation of scalper on optimal channel was born a long time ago
however we experienced some technical difficulties before we found the way to develop this product. We needed decisions allowing us to optimize complex iterative calculations; in order to fulfill the given task we organized a department of programmers, and the best mathematicians, who developed computer-aided design systems for European companies. Expert Advisor IntellectualPro Home Page
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Concept: End of trading session and recoil of the price, the analysis of volatility, some orders at different levels
Money Management: Stop Loss and Take Profit, closing at the time
Customization: possible upon the request
How does the "SmartVision" EURCAD & GBPUSD Expert Advisor work?
Expert Advisor "SmartVision" determines volatility zone and place three levels of limit orders (Buy limit and Sell limit orders). We use additional filters for the expert advisor "SmartVision". One of them - Moving Average Indicator. Moving Average is a type of finite impulse response filter. Expert Advisor SmartVison HomePage
Expert Advisor "SmartVision Portfolio"
$202.37
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
MetaTrader Expert Advisor NewsTrader
iticsoftware.com expert advisor rating:
Trading Economic News
This advisor trading principal is based on economic news and is a very useful tool in the portfolio of every trader. In a given time, several minutes in advance of the news issue NEWSTrader places two different orders. There is a special mode within the advisor which allows you to delete one pending order in case another pending order is made. Several intervals are possible.
The following type of orders can be used:
MarketOrders = false; //open buy and sell market orders true/false
StopOrders = true; //open buystop and sellstop pending orders true/false
LimitOrders = false; //open buylimit and selllimit pending orders true/false
OCO = true; //One-Cancel-Other mode for pending orders
extern int Dist = 50; //distance from the market price to set pending orders
There is also trailing stop added.
The advice can work both on five-digit and four-digit quotations.
extern bool Acc5Digits = false; //set true if your broker provides 5 digits for EURUSD
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
The expert advisor consists of the unique scalping mt4 expert advisor, which is based on in-depth analysis of the sample by means of overlap of multilayered flat channels that not only gives you the chance to identify the price maximum and minimum on a certain time interval, but also allows you to estimate the market tendency, i.e. if the market dies away or vice versa. Neural part also analyzes samples in the same time interval and makes a decision to open the order or not to open it on the basis of the accumulated knowledge. Options also allow you to open an order at a negative signal of the neural networks, but with changed StopLoss and TakeProfit and smaller lots. It allows you to protect the deposit in a better way.
The expert advisor was created for work with currency pairs having low spread EUR/USD. In order to prevent the pernicious influence of the expert advisor on the market, the number of copies in sale is limited. MT4 EA NeuralScalper Manual
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
MetaTrader Expert Advisor F O R E X Yv.2.0 Portfolio
iticsoftware.com expert advisor rating:
Expert Advisor "Forexy" Technical Characteristic:
Currency: GBPUSD, USDCAD, USDJPY
Timeframe: H1
Using Indicators: No
Trading Time: 24 hours per day
Risk: Medium
Minimum Deposit: $5000 ($500 with Lot =0.01 )
Recommended Deposit: $20000 ($2000 with Lot=0.01)
Orders Type: BUYSTOP and SELLSTOP pending orders
Concept: Disruption of the middle of a day time range and origin of a trend
Money Management: Stop Loss and Take Profit
Customization: possible upon the request
How does the "Forexy" Expert Advisor work?
Forex Expert Advisor "Forexy" put pending orders (buy limit order and sell limit order) on breakdown of the middle of a day time range and origin of a trend. Expert Advisor Forexy Home Page
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
NEW! MetaTrader Expert Advisor "FXPredictor"
iticsoftware.com expert advisor rating:
MetaTrader 4 expert advisor "FXPredictor" is based on a MetaTrader 4 Indicator "i-Predictor". The Indicator shows the most likely area for market reversal. This Advisor cannot be assigned to scalping systems because its take profit level is higher than 10 pips.
Currency: GBPUSD (recommended), EURCAD
Time Frame: M15
Trading time since: 19 till 2.30 GMT time.
Orders Type: BUY and SELL market order
MT4 expert advisor FXPredictor can also be used to trade on EURCAD pair. In this case, we recommend ECN MetaTrader 4 brokers with a low spread on this pair. Built-in Money Management MT4 expert can be used with 4 and 5 digit quotations and with market order execution.
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
Orders Type: BUYLIMIT and SELLLIMIT pending orders
Money Management: Stop Loss and Take Profit, closing by profit, closing at time
Metatrader expert advisor Customization: possible upon the request
NOT sensitive for broker
How does the "Eldorado" Expert Advisor work?
Forex Expert Advisor "Eldorado" based on FOREX Grid Strategy. Forex Grid Strategies designed to reduce risk by making the success of a trade independent of the direction the market moves. Expert Advisors based on FOREX Grid strategies can be an effective approach provided the currency traded is not in a strong upward or downward trend (in which case Forex grid trading will not work well). Grid trading is a difficult strategy, and requires a degree of expertise. However, it's easy to understand the basic idea of how to grid trade FOREX. Sell order makes profit when the exchange rate falls and a buy order makes profit when the exchange rate rises. Expert Advisor Eldorado Home Page
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND THE ACTUAL RESULTS FOR EXPERT ADVISOR SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS FOR EXPERT ADVISOR AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS FOR EXPERT ADVISOR.
Metatrader Expert Advisors F.A.Q.
What is a Metatrader Expert Advisor?
Expert Advisor is a mechanical trading system which completely automates the trading process on Forex market by using unique Forex trading strategies. We developed the Forex Expert Advisors. These trading robots trade under control of the trading platform MetaTrader 4 Trading platform.
Why is it necessary to use MetaTrader Expert Advisors?
In certain sources you can read that 90% of traders lose their money on the Forex market. This occurs because beginning traders rush to trade without having a Forex trading strategy. Even if they have a Forex trading strategy it is usually not tested on historical data and there is also the presence of what is called the “human factor.”
The use of Expert Advisors excludes the human factor and it will help you to test Forex trading strategy on historical data. Testing trade strategies helps to establish back-tests of MetaTrader Expert Advisors in addition to optimizing the MetaTrader Expert Advisors parameters via our built-in optimizer. The use of MetaTrader Expert Advisors will give you the possibility to test your own strategy on historical data; this means you will perform your own back-tests. (If you have your own strategy, we can program the expert advisor for you). When you test MetaTrader Expert Advisors on demo-account this is a forward-test. The use of Forex Expert Advisors will allow you to see all the disadvantages to your Forex trading strategy. All MetaTrader Expert Advisors offered on our site allow you to see MetaTrader Expert Advisor back-tests and because many MetaTrader Expert Advisors are monitored on demo- accounts this allows you to see many forward-tests as well.
Why develop your Expert Advisors under the control of MetaTrader?
As mentioned above the MetaTrader 4 is absolutely free of charge and many brokers worldwide open trading accounts (mini-accounts and standard accounts) under control of MetaTrader. It is much more convenient than to trade under control of java-terminals. The MetaTrader platform has a variety of advantages and useful functions compared to other platforms.
What is Metatratder 4 platform?
MetaTrader 4 is absolutely free of charge and convenient for trading on the Forex market. The MetaTrader Indicators, MetaTrader Expert Advisors, MetaTrader scripts are built-in and based on technical analysis. In addition it has its own programming language MQL4, which allows you to customize these MetaTrader Indicators, MetaTrader Expert Advisors, and MetaTrader scripts.
How do you install your Expert Advisor?
MetaTrader Expert Advisor should have .ex4 or .mq4 file extension, mq4- source code, ex4- compiled code. First of all it is necessary to copy this file to the MetaTrader Expert Advisors folder of working directory. By working directory we mean root directory, in which we installed the MetaTrader 4 terminal. The second step is to restart MetaTrader program. After restarting the MetaTrader, the Expert Advisor should be added to the list in the Navigator window. You should realize that the colored icon corresponds to mq4 file. If you have an ex4 file only then an icon in the window Navigator will be grey. The same grey color may mean that errors in a source code have appeared. In order to check for MetaTrader Expert Advisor errors you can press F4 to open the MQL4 editor, and load the source code. Then Press F5 in order to compile the MetaTrader expert advisor. If everything is successful the sentence '0 errors' should appear in the conclusion window. Warnings however are not errors and their presence does not hinder successful compiling.
MetaTrader Expert Advisor Back-testing is the test of MetaTrader Expert Advisor on historical data (on quotations). All tests of our MetaTrader Expert Advisor are performed by trading with the Every Tick Method, which uses all available nearest timeframes. In other words if we have more than one period for the same timeframe then the data for the least timeframe will be used for modeling. Control points are generated on the basis of OHLC data of the least available timeframe - the same as in the preceding method. In order to generate price movements between control items there is interpolation based on predefined templates. It is normal that several ticks can be modeled one by one. In this situation, the last quote will be fixed because the doubled quotes will be filtered out. Quality of modeling is 90 % accurate, however past success does not guarantee success in the future. All MetaTrader Expert Advisors are tested on quotations of the AlpariUK broker. The tests for other brokers may differ, and this occurs because of the differences in quotations from brokers. We can help you to adjust the expert advisor for your broker at a reasonable charge.
METATRADER EXPERT ADVISOR BACK TESTING
Open the window METATRADER strategy tester by pressing Ctrl+R or by right clicking on graphic arts, to which we added MetaTrader Expert Advisor, and choose strategy tester.
Set a testing model. We recommend the Every Tick Method for all MetaTrader Expert Advisor testing
Quotations of the various Metatrader brokers have distinctions, therefore it is necessary to make optimization and backtesting of metatrader expert advisors on broker quotations, which you plan to work with. We make tests of our Metatrader expert advisors on quotations of broker AlpariUK, as this broker gives minute and daily quotations from 2004 So in order to upload quotations in Metatrader terminal, you should....
Let's examine optimization with the example of MetaTrader Expert Advisor upstream EURJPY. We will optimize the size of the Stop-Loss and Take-Profit. If you optimize for MetaTrader broker AlpariUK, then the period of MetaTrader Expert Advisor optimization will be: start at 07.2004; the end is the current date. We recommend you don’t conduct MetaTrader Expert Advisor optimization up to the end of period = to the current date, but up to the end of period = current date - N of days, where N is chosen directly for every MetaTrader Expert Advisor and depends on how often MetaTrader Expert Advisor opens and closes orders.
We test our MetaTrader Expert Advisors on Alpari and FXCM demo and real accounts and publish the test results on our website.
Expert Advisor Software - The Benefits
Our Expert Advisors (Forex Expert Advisors) can be easily installed, do not require any special knowledge, and are widely used by beginner and skilled traders. You can start to trade by means of our MetaTrader Expert Advisors in an hour after purchase.
All Mechanical Trading Systems (MetaTrader Expert Advisors) work under control of a trading terminal - MetaTrader 4, which is free of charge.
You can start to work with our MetaTrader Expert Advisors opening a real account for $100-$3000 or you can begin to work on demo account.
Our MetaTrader Expert Advisors are tested with the greatest possible quality by modeling them on 90% of long sites of historical data as well as real accounts.
Buying our MetaTrader Expert Advisors means you are receiving free of charge and 24/7 support.
We do not take additional money for the updated versions of our MetaTrader Expert Advisors. All updates are sent for free. We work under a flexible system of discounts and bonuses.