exp_Lego_4 (Beta)

A nice expert advisor, designeg for making own simple strategies.

Now needs something like pending orders and trail-for snippets... but it's also possible to use scripts (replace order to pend' one or launch own trail with Swiss Army)

Everything else is aviliable... MM, 12+8 indicators, easy change of requirements for indicators... etc. Pend and trail may be added as scripts... everything else is here!

dear thanks for sharing your ea shared your ea best setting and also time frame and pairs name

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Is anyone using Swiss army knife order management for their EA?

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thank for sharing this EA ... but what is bet pairs?? and that timeframe?

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This EA, exp_Lego_4 (Beta), is a trend following strategy that uses a combination of momentum and volatility indicators to identify trading opportunities. It is a relatively complex strategy, but it can be very profitable if used correctly.

The EA works by first identifying the current trend using the MACD indicator. Once the trend has been identified, the EA then uses the Stochastic Oscillator to identify an entry point. The EA will only enter a trade if the Stochastic Oscillator is oversold in an uptrend or overbought in a downtrend.

Once the EA has entered a trade, it will use the ATR indicator to place a stop loss and a take profit. The stop loss will be placed below the recent low (in an uptrend) or above the recent high (in a downtrend). The take profit will be placed ATR_Multiply * ATR pips above the entry price (in an uptrend) or below the entry price (in a downtrend).

The EA also uses a number of other features to manage its risk and improve its performance. For example, the EA will pause for 1800 seconds (30 minutes) after each trade. This is to prevent the EA from overtrading. The EA also uses a Martingale staking strategy, which means that it will double the lot size of each subsequent trade if the previous trade was a loss. This is a risky strategy, but it can be very profitable if used correctly.

The EA uses 12 different indicators to make trading decisions:

2MA: A moving average with two periods.
Stochastic Oscillator: A momentum indicator that compares the closing price to the price range over a given period of time.
Awesome Oscillator: A momentum indicator that plots the difference between two moving averages.
Standard Deviation: A measure of volatility.
Demarker: An indicator that measures the rate of change of price.
CCI: A momentum indicator that compares the current price to the average price over a given period of time.
RSI: A momentum indicator that compares the magnitude of recent gains and losses over a specified time period to measure overbought or oversold conditions in the price of a stock or other asset.
MACD: A momentum indicator that shows the relationship between two moving averages of prices.
OsMA: A momentum indicator that combines the moving average convergence divergence (MACD) indicator and the stochastic oscillator.
WPR: A momentum indicator that compares the closing price to the price range over a given period of time. This indicator is similar to the Stochastic Oscillator, but it uses a different calculation method.
MFI: A momentum indicator that measures the money flow into and out of a stock or other asset.
ADX: A directional movement indicator that measures the strength of a trend.
SAR: A parabolic stop and reverse indicator that is used to identify trend reversals.
The EA uses these indicators to identify trading opportunities and to manage its risk. For example, the EA may use the MACD indicator to identify a trend and then use the Stochastic Oscillator to identify an entry point. The EA may also use the ATR indicator to place stop losses and take profits.

Strategies

The EA uses a variety of strategies to make trading decisions. Some of the strategies that the EA uses include:

Trend following: The EA may use the MACD indicator and the Stochastic Oscillator to identify trends and then enter trades in the direction of the trend.
Mean reversion: The EA may use the Bollinger Bands indicator to identify overbought and oversold conditions and then enter trades in the opposite direction.
Breakout: The EA may use the price action to identify breakouts from support and resistance levels and then enter trades in the direction of the breakout.
The EA may also use a combination of these strategies to make trading decisions. For example, the EA may use the MACD indicator to identify a trend and then use the Stochastic Oscillator to identify an entry point in the direction of the trend. The EA may also use the Bollinger Bands indicator to place a stop loss below the lower band of the Bollinger Bands.

Risk management

The EA uses a variety of risk management techniques to protect your trading capital. Some of the risk management techniques that the EA uses include:

Stop losses: The EA places stop losses on all of its trades to limit the amount of money that you can lose on any one trade.
Take profits: The EA places take profits on all of its trades to lock in profits when the market moves in your favor.
Position sizing: The EA uses a position sizing algorithm to ensure that you do not risk too much money on any one trade.

Here are some additional tips for using this EA:

Use the EA on a currency pair that is trending well.
Use a low ATR_Multiply setting to start with. You can always increase it later if the EA is performing well.
Use a Martingale staking strategy only if you have a large account balance and can afford to lose money.
Monitor the EA's performance closely and make adjustments as needed.
I hope this additional information is helpful. Please let me know if you have any other questions.

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Can't even test it.... throws an error that can't be read, and an sound alert. Too bad - sounds cool.

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