Print
Pinterest
Gmail
Email App
Log in or register to download unlimited Forex robots!
AsctrendBuySellExpert_v1.6.mq4 - Top Forex Robot for LQDFX and FXOpen
Unlock trading success with our AsctrendBuySellExpert_v1.6.mq4 - a powerful Forex EA designed for optimal performance on LQDFX and FXOpen. This Expert Advisor (EA) utilizes advanced algorithms to maximize profits and minimize risks in the dynamic Forex market. Enhance your trading experience with the AsctrendBuySellExpert_v1.6.mq4 Forex Robot, your key to automated trading success. Download now and elevate your trading strategy.
AsctrendBuySellExpert_v1.6.mq4 12.76 kb, 41 downloads since 2015-04-23
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Elevate Your Trading Game with AsctrendBuySellExpert_v1.6.mq4 !
AsctrendBuySellExpert_v1.6.mq4 is designed to automate trading by combining multiple indicators like ASCTrend, Parabolic SAR, Stochastic, PriceChannel_Stop, and RSI to determine entry and exit points for trades, offering customization in trading hours, position sizing, and risk management.
The EA opens buy or sell orders based on a complex set of conditions:
Uses the ASCtrend indicator for primary buy/sell signals.
Employs Parabolic SAR, Stochastic Oscillator, and optionally RSI filters for additional trade confirmation.
Incorporates trading hour filters, stop loss, take profit, and trailing stop functionalities.
Partially closes positions based on predefined criteria.
Utilizes sound alerts for trading actions.
Place AsctrendBuySellExpert_v1.6.mq4 into your MT4's "Experts" folder.
Restart MT4 and locate the EA in the "Navigator" panel.
Drag the EA onto the desired chart.
Adjust the input settings as per your trading strategy.
Adjustable Parameters:
MAGIC: Unique identifier for the EA's orders (Default: 100111).
UseHourTrade, FromHourTrade, ToHourTrade: Control trading hours.
Lots: Trading lot size.
Slippage: Maximum price slippage for buy or sell orders.
lStopLoss, sStopLoss: Long and short stop loss values.
lTakeProfit, sTakeProfit: Long and short take profit values.
lTrailingStop, sTrailingStop: Long and short trailing stop values.
UseASCtrend, RISK: Toggle and set risk for ASCtrend indicator.
Step, Maximum: Parameters for Parabolic SAR.
KPeriod, DPeriod, Slowing: Settings for Stochastic Oscillator.
ChannelPeriod, Risk, TrailingMode: Settings for PriceChannel_Stop.
PartCloseMode, PartCloseTarget, PctLots: Controls for partial closing.
RSIPeriod, RSIPrice, RSIshift, BuyLevel, SellLevel: Settings for RSI filter.
xRSIPeriod, xRSIPrice, xRSIshift, xBuyLevelClose, xSellLevelClose: Settings for RSI exit strategy.
Optimal Settings Recommendation:
Currency Pair: GBP/USD
Time Frame: 30M
Lots: 0.1
lTakeProfit, sTakeProfit: 50
lTrailingStop, sTrailingStop: 20
RISK: 10
Step: 0.02, Maximum: 0.2
KPeriod: 14, DPeriod: 3, Slowing: 3
ChannelPeriod: 12, Risk: 0.2
RSIPeriod: 14, BuyLevel: 55, SellLevel: 45
Minimum Budget: $500
Parameter Explanation:
MAGIC: Helps to identify trades made by this specific EA.
lTakeProfit, sTakeProfit: Set to lower values for frequent, small gains.
lTrailingStop, sTrailingStop: Adjusted for tighter market following.
RISK in ASCTrend: Lowered to reduce risk and filter out weaker signals.
Step and Maximum in Parabolic SAR: Optimized for more responsive trend detection.
RSIPeriod, BuyLevel, SellLevel: Configured for effective overbought/oversold detection.
AsctrendBuySellExpert v1.6 offers a multifaceted approach to automated trading, blending various indicators for a comprehensive market analysis. Its effectiveness depends on market conditions and should be tested under different scenarios for optimal performance.
AsctrendBuySellExpert_v1.6.mq4 12.76 kb, 10 downloads since 2023-11-13
AI Forex robot (Trade Executor EA)
NEW AI Forex robot (MT4talk Trade Executor EA)
Try it 100% FREE – Download it 100% FREE at https://mt4talk.org/download_latest.php
Guaranteed Profit Every Week!
- In the EA settings, enter your MT4talk registered email address and your MT4talk forum password.
- If you yneed help, visit the MT4talk Help Center: https://mt4talk.info to chat with the chat assistant in any language!
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum, as well as the forum administrators.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The uploaded files do not come with support or any guarantee.
The website does not sell Forex robots and does not provide support for any downloaded Forex robots. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. If you choose to download a Forex robot from the forum, you do so at your own risk.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "Trade Executor EA," which can be downloaded by PRO members, just like any other Forex robot on the forum. This Forex robot is only a bonus and is not included in the original PRO membership.
MT4talk is an informational website and does not guarantee the performance, profitability, or reliability of any Forex robot available for download. Updates for Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, Plexytrade, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.