Log in or register to download unlimited Forex robots!
Multi Time Frame Trader EA - Powerful Forex Robot for MT4
This EA looks at (3) time frames and determines either to short or to long a trade based on the highest time frame. This EA accesses the !LinRegrBuf indicator and determines the trend/slope for M1, M5, and H1 time frames.
If the H1 trend/slope is heading in a positive direction(+), then the EA waits until M5 is oversold, and M1 is oversold, then the EA enters a long trade. M5 and M1 oversold conditions are determined by waiting until the iLow of M5 and M1 is lower then the respective supports of the !LinRegrBuf indicator on M5 and M1 time frames. The takeprofit of the long order is the center line of the !LinRegrBuf indicator on a M5 chart. The stoploss of the order is half of the takeprofit.
Multi_Time-Frame_Trader.mq4 8.5 kb, 47 downloads since 2014-10-24
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Watch videos from the MT4talk YouTube channel.
https://www.youtube.com/@MT4talkForexForum/videos
Smart Forex Trading with bLinRegrBuf Indicator!
This bLinRegrBuf Indicator is like having a magic wand for forex trading. It helps you spot potential support and resistance levels in the market.
The Indicator does some fancy math to draw three lines on your trading chart: a centerline and two outer lines. These lines show you potential support and resistance levels.
To use this Indicator, follow these steps:
Download the "bLinRegrBuf.mq4" file.
Place it in the "Indicators" folder of your MetaTrader 4 platform.
Open MetaTrader 4 and load a currency pair chart.
Drag and drop the Linear Regression Channel from your indicators list onto the chart.
Optimal Settings:
Currency Pair: It works well with major currency pairs like EUR/USD or GBP/USD.
Timeframe: Try it on the 1-hour or 4-hour chart for a balanced view.
Minimal Balance: Start with at least $500 to safely explore its magic.
UseClose: Set to true to use the closing prices for support and resistance, or false to use high and low prices.
barsToCount: Choose the number of bars you want the Indicator to consider. Keep it around 50 for a good balance between precision and flexibility.
The Indicator helps you spot potential support and resistance levels, making it easier to make informed trading decisions. Give it a try and let the magic happen!
Meet the Multi Time-Frame Trader EA!
Powerful tool to help you make smart forex trades. This EA keeps an eye on multiple timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN1) and checks for trends. It's like having a personal trading assistant that analyzes data for you.
How this EA works:
It calculates resistance and support levels on different timeframes.
It checks the slopes of these levels to determine if the market is trending up or down.
When conditions are right, it opens trades for you.
To use this EA, you'll need to download the "Multi Time-Frame Trader.mq4" file.
Then, place the file in the "Experts" folder of your MT4 platform.
Restart MT4 or refresh the "Navigator" panel.
Drag and drop the EA onto the chart you want to trade with.
Here are the settings you can tweak for your strategy:
Trade (true or false): Enable or disable trading.
Barstocount: Number of bars to consider for calculations.
Lots: The size of your trade (0.01 is a common starting point).
Slippage: Maximum slippage allowed for orders.
Magicnumber: A unique identifier for your EA.
For optimal results, consider these settings:
Currency pairs: EUR/USD, GBP/USD, or USD/JPY are popular choices.
Timeframe: H1 is a good starting point for day trading.
Minimal balance: Start with at least $500 in your trading account.
Trade: true
Barstocount: 50
Lots: 0.01
Slippage: 3
Magicnumber: 816
The Multi Time-Frame Trader EA is your trading buddy. It watches different timeframes, detects trends, and opens trades when the time is right. With the right settings and a bit of practice, you can level up your forex trading game and aim for those winning trades!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
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.
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 file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the 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, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.