|
|
||||
|
Fully Automated Forex
Trading Systems Made Easy
|
||||
|
|
||||
|
||||
| These utilities are all free of charge |
|
At Easy EA, we've come up with some great free utilities that can be used with MetaTrader 4 which we'd like to share with you. These goodies aren't just on offer to our existing paid users - in fact, anybody can enjoy them with our compliments, TOTALLY FREE OF CHARGE!!! If there's anything that you like from the list below, just click either on the link or on the adjacent image and you will be directed to a page where you can download it for free. The files are provided in open source MQL4 format and are offered without support.
|
||||
|
TradePlot Script This is a script which paints arrows on the chart to show all closed trades. Buy trades are painted blue, and sell trades are painted red. The script also plots TP and SL levels and is useful for viewing closed trades in detail when analysing strategies and looking for ways of improvement. The script should be saved to the experts\scripts folder and can be dragged from the Navigator into any open chart window to show all of the trades for that particular symbol. |
 |
|||
 |
||||
 |
Reconnect Expert Ever get frustrated when the connection is lost with your broker's server? This is an expert advisor which repeatedly pings your broker's server to check for a stable connection. If or when a server connection is dropped, the EA will repeatedly try to reconnect to one of your broker's other servers without you needing to interfere manually. Any outages are also written to the logs for reference. The EA should be saved to the experts folder. A new chart window should then be opened and the EA should then be dragged from the Navigator into the open chart window. The user quickly sets the frequency at which the EA should check the connection and then leaves it to run and routinely monitor the connection. |
|||
|
|
|
StepStop Expert This EA is designed to provide an automatic incremental stop-loss system for trades. The user sets a number of parameters and then the EA will automatically manage any open trades on the symbol to which the EA is attached. For instance, the user might set an initial SL at 25 pips, a breakeven of 30 pips and an increment of 10 pips with a minimum distance of 20 pips. The user will enter a trade and the EA will automatically set a stop-loss of 40 pips. Every time that the trade moves 10 pips more into profit than the existing stop-loss, the stop-loss will be tightened by 10 pips, but only after the price has first moved by the minimum distance of 20 pips. Once the trade is 30 pips in profit, the stop-loss will be moved to entry to protect the gains. Note, the StepStop EA uses magic numbers to only manage the SL of the trades that you want it to manage and won't interfere with other EAs unless you set the correct magic number. |
 |
|||
|
|
 |
BasketClose Expert This
expert will close ALL open trades and delete all pending orders on your
account when the open profit in your account reaches an amount that you
specify (currently set at $100). |
|||
|
|
||||
|
LotCalculator Indicator The LotCalculator Indicator calculates trade lot sizes based upon stoploss distance and the percentage of his account that the trader is prepared to risk on a single trade.
The LotCalculator indicator will then display on screen what lot size trade you should be taking. |
|
The LotCalculator actually goes further than that, because it automatically adjusts the stoploss distance for 3/5-digit brokers and applies any minimum or maximum lot sizes which are specific to your broker. It also has a separate option which calculates lot sizes based upon the stoploss being set at a particular level (such as underneath a recent low or above a recent high). Please note that the LotCalculator Indicator is only available from our PipRider website. Please click the image above to access the download. |