Expert advisor mt4 stop loss and take profit free

Expert advisor mt4 stop loss and take profit free. This is where auto stop-loss and take-profit expert advisor come in as a game changer. One can cover take-profit and stop loss with this EA. 2100 (100 pips distance), a reversal sell trade should have a 100-pip stop-loss (at 1. Stop-loss can be set as distance from the open price or as an absolute price level. Easy Trading EA. ly/EA-SL-TPHow to set automatic Stop loss and Take profit with every trade May 14, 2024 · Stop Loss Take Profit Indicator - free download. 06' expert by 'RoNz' for MetaTrader 4 in the MQL5 Code Base, 2015. Download ATR Stop Loss Indicator For MT4! How to Fix Invalid Stop Loss or Take Profit in MT4? Stop Loss vs. But one more time, the course is for educational purposes. Take Profit – Difference Between Stop Loss and Take Profit; Difference Between Sell to Close and Take Profit Stop Loss! Download Auto Break-Even Expert Advisor – Move Stop Loss to Break-Even MT4 & MT5 EA; Download Chandelier Exit Dec 10, 2017 · Customizable break-even, stop-loss, take-profit and trailing-stop settings; Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols; Trades can be closed on opposite signals; Implements a martingale feature; Implements multi-timeframe filters; Filter trading by forex sessions; Additionally, it implements four different money management modes: Aug 9, 2023 · However, potential users should be aware that it employs a strategy with a smaller Take Profit and a significantly larger Stop Loss, approximately in a 1 to 10 ratio. Backtest your EA with the Feb 12, 2016 · Auto Setting, stop loss, take profit, trailing stop, breakeven levels, enabling virtual stop loss and take profit. Generate strategies All the best generated strategies from Expert Advisor Studio will be listed in the Collection. When you open the Strategy Editor in EA Studio you will see the Strategy box which consists of three columns: Strategy Jun 15, 2024 · Ghost SL & TP is a complimentary expert advisor (EA) designed for the MetaTrader 4 platform. 02. Jan 21, 2024 · It includes customisable settings and money management features such as stop loss, take profit, break even and a trailing stop. This is an astonishing improvement because we have not added filters or stop-loss/take-profit. Dec 31, 2019 · Lock in your profits and "let your winners run" past your 100% take profit target with this EA. If you have open positions, but your Expert Advisor cannot set stop loss, take profit, trailing stop or breakeven, and if you trade manually, you can use the Jan 22, 2018 · This expert advisor trades in a completely random fashion with customizable stop-loss and take-profit levels. Mar 25, 2024 · Furthermore, it may review the trades and decide whether there should be a trailing stop, take-profit or stop-loss. The functional template is: OrderSend( symbol, cmd, volume, price, slippage, stoploss, takeprofit, comment, magic, expiration, arrow_color); Mar 10, 2024 · It includes customisable settings and money management features such as stop loss, take profit, break even and a trailing stop. TrailingStop (default = 0) — the default trailing stop value in points for the Trading tab. We want to make sure your experience is safe and as secure as possible. The Athena Forex EA is designed to trade EUR/USD pairs and work with a wide range of securities, including stocks, options, and futures. This Expert Advisor automatically adjusts your Stop Loss based on up to 4 user-defined Take Profit Target Percentages, locking in your profit. Free metatrader expert advisor order panel tools to easily open and customize your trades. hidden (virtual) stop loss/take profit May 10, 2024 · It includes customisable settings and money management features such as stop loss, take profit, break even and a trailing stop. ). 0000 but the trade manager EA remembers that your stop loss is really at 1. EAs are programmed to execute trading decisions based on predefined criteria, rules, and algorithms, allowing for automated and systematic trading without the need for manual intervention. Magic number: Enter any unique number to easily identify Dark Venus trades in your history. Jun 7, 2018 · I'm trying to figure out if there is a correct way to set the Stop Loss (SL) and Take Profit (TP) levels, when sending an order in an Expert Advisor, in MQL4 (Metatrader4). Based on backtesting and live performance, to reach an impressive profit factor of three, the EA looks at M30 timeframe, averaging a win rate of 74% and 7 points per trade profit (average loss is 7 points). Trailing stops Move Stop Loss to Break-Even MT4 & MT5 EA. 0005. Open positions are managed by several algorithms based on the current market situation (fixed stop loss and take profit, trailing stop, holding positions in case of trend indication, etc. 2100) and a 50-pips take-profit (at 1. ly/2GbTRzx🔰Zero Spr Nov 6, 2023 · It’s a break even Expert Advisor for the free MetaTrader 4 Forex trading platform. Notifications included! This MT4 EA is open-source. 🔰#1 Regulated Legit Forex Broker: https://bit. Nov 21, 2019 · Forex EA For Automatic Stop Loss and Take Profit in MT4. All transactions are always protected by a small Stop Loss and take profit. It does not use dangerous trading methods like martingale, grid, etc. STRATEGY - We use risk and reward ratio of 1:5 to maximize the profit - We use trailing stop to lock profit and minimize loss ALERT User will get notified with alert with the following condition: - Max Spread - Max Orders UPDATE - Free Update and Support COMPATIBILITY - MT4 and MT5 - M1 Timeframe - All Currency Pair WHAT YOU GET 1) Free Online Feb 23, 2020 · This is a simple Expert Advisor that uses the RSI indicator to enter a trade and several patterns. And here is an example trade setup for cTrader. Browse all open orders. This means that you Jul 5, 2019 · Decoy SL/TP adds a small decoy in terms of pips to your stop loss and take profit. Trailing Stop Forex Robots are a favored choice for those traders as they provide more simple and effective trade and risk management control options than those in the default MT4 Trailing Stop. Risk-to-Reward Ratio Calculator for MT4. Nov 28, 2023 · Stop Loss and Take Profit are part of Strategy Properties. Expert Advisors from the market are very expensive. The recommended currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4. A straightforward indicator suitable for both rookie and seasoned traders. Take Profit Color Color of the Take Profit line. As soon as Forex Expert Advisors have the necessary information, they also take into account the current market conditions. - Free download of the 'RoNz Auto SL-TS-TP v2. 1950 (50 pips distance) and a take-profit at 1. There are several advantages of using MT4 MA Trailing Stop EA: Filtering options to select which trades are managed. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The Jun 15, 2024 · This EA allows users to set stop-loss and take-profit values without saving them in the MT4 order information, ensuring that only the EA can access this information. The software will then automatically place the orders for you. Only DE40 with this Standart Settings (You can Change the Take Profit to 500 for other Endpoints or the Stopp Loss to 60 or higher) M1, M5, M15, M30, H1. OnClose: Adjustments are only made on the close of each bar. This is AutoSetting stop loss, take profit, trailing stop, breakeven levels, enabling virtual stops. Select the asset you want to trade, the time frame, and predefine the strategy properties (Stop Loss, Take Profit, Break Even) EA Studio will generate hundreds of strategies. This EA allows you to set an amount, in pips, to trigger the EA to move your stop loss to break even, which helps with money management. Apr 14, 2016 · The Infinity Expert Advisor is a scalper. Risk regulation through the take-profit and the stop-loss is vital to be beneficial. Dec 4, 2022 · Expert Advisor Features trailing profit in the deposit currency (Trailing Stop Money) closing by a profit or loss in the deposit currency opening orders at a specified time managing positions opened manually or by another Expert Advisor calculating initial lot based on the current balance limiting the maximum lot volume choosing trading type For example, if a buy trade is opened at 1. In this case, the KT Equity Protector will close all the active and pending MetaTrader Expert Advisors — download free MetaTrader expert advisors (EAs) for automated Forex trading, tested MT4 and MT5 expert advisors (robots). Stop Loss and Take Profit are an essential part of every trading strategy and Expert Advisor. Check the FXSSI Lifetime Deal: 70% OFF only on Black Friday! The algorithm is a comprehensive and sophisticated trading system designed to optimize performance in volatile market conditions. Drag the instrument into the graph area. Jul 2, 2024 · Athena expert advisor is another best Expert Advisors for MT4. Step 3. TM can set your initial Stop Loss and move the stop from 1 to 5 times to specified targets as your trade moves along in profit. May 27, 2024 · This includes dynamic lot sizing and stop loss and take profit levels. Dark Venus EA Settings. This is usually not so important to an Expert Advisor that uses stop loss and take profit targets of more than 100 pips, but in the case of scalping trading bots, your backtest will likely be completely misleading. What MT4 Expert Advisor Template IS NOT. Free download . Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. If you set both stop-loss and take-profit, the indicator will show you the risk-to Apr 17, 2017 · MT4 by default allows the trader to enable Trailing Stop Loss and determine the points gap between each two levels, this might not be satisfying for many traders. BreakEven (default = 0) — the default breakeven value in points for the Trading tab. Because, if you want to buy Expert Advisors from the market they are very expensive. However, in a fast market, there is a possibility of a lot of slippage on the close. May 9, 2024 · I have built this free Stochastic EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on the Stochastic strategies for reversal trading and trend trading. 5R, then the stop loss will only be adjusted every time price hits the next 0. Trade Manager EA – Security Settings. Click New Order. There are many advantages of using this Expert Advisor. The Trade Manager (TM) is an MT4 Expert Advisor designed to manage your Forex trades for you. This instance was set up to open a Buy order with a fixed stop-loss level and ATR-based take-profit: cTrader. TradingBotMaker is a freemium platform for generating expert advisors, seamlessly transforming your trading strategies into functional Metatrader 4 and Metatrader 5 advisors through a few simple clicks. Additionally, while it maintains a conservative trading approach, resulting in only a few trades per month, there might be extended periods, even days, when the system chooses not Market Traders Institute Help Center and Knowledgebase. mq4 Expert Advisor. Jun 5, 2024 · Step 1. See a recommended position size considering your risk settings. Aug 21, 2017 · Stores and implements a basic hidden Stop Loss and Take Profit system. Consequently, brokers remain unaware of the trader’s specified Best free ea for automatic stop loss and take profit in mt4 stop-loss and take-profit levels. Equipped with trailing stop-loss with steps based on the trade's open price. See full list on earnforex. Submit a market order with stop-loss and take-profit in pips. Parabolic SAR EA Trading Strategy. Feb 9, 2015 · EA for Automatic StopLoss, Take Profit, Profit Lock, and Trailing Stop (With Special Methods). TM does not initiate trades, but once you have an open order, TM will detect and manage it automatically. It can be used to measure volatility of the price movements. How to use it? Adjust your Stop Loss and Take Profit values, choose whether you wish to turn on or off trailing stop option; Choose for the EA to apply SL and TP to the current chart symbol only, or to all open orders (not shown in image The Expert Advisor sets virtual stop loss and take profit levels, displayed as lines on the chart. In trading, along with experience, traders usually come to understand that the levels of accumulation of stop orders, price and time play a significant role in the market. com/trusted-forex-brok Sep 15, 2021 · The approach uses hard stop loss and dynamic take profit levels, without grid, hedging, arbitrage, or martingale mechanics. Nov 14, 2022 · This EA impresses with its profit even on tiny deposits and has a low maximum drawdown when trading. SL and TP could be hidden. Presented by Chris Svorcik, Athena is an automated system that helps traders make informed and profitable investment decisions. The scheduled trade will be a Sell with a fixed-distance stop-loss and take-profit: ATR Trailing Stop MT4/MT5 EA is an expert advisor that can manage your stop-loss orders. TPLockedOnSL (default = false) — the default state of the take-profit "lock" on the stop-loss. EA Builder Pro is the ultimate tool for creating EA's without having to write a single line of code. You will need to add to the template your own entry and exit signal code in order to have it fully Sep 10, 2021 · New to MetaTrader? Learn how to set Stop Loss in MetaTrader 4! First important step: Select Regulated Broker:https://eatradingacademy. The Trend Line PRO indicator is an independent trading strategy. CCI EA Trading Strategy I have built this free CCI EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on the basic CCI strategy of buying when price is extremely oversold and Jun 20, 2023 · The Automatic Stop Loss and Take Profit System MT4 – Free Download. Bollinger Bands EA Trading Strategy I have built this free Bollinger Bands EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on the Bollinger Bands strategies for reversal Download free MT4 Fixed Step Trailing Stop EA and let this MetaTrader expert advisor trail your stop-loss levels to the next step when the price covers some fixed distance. the advisor trades one deal and each deal has a stop loss and take profit (set in the settings) in case of failure (the deal is closed by stop loss), it is possible to increase the lot of the next deal. Remember that Stop Loss will be executed automatically when the market moves against your position (hence the name: stop losses), and Take Profit levels will be executed automatically when the price reaches your specified profit target. Nov 21, 2019 · This is an Expert Advisor for placing stop loss and take profit levels automatically. Update stop-loss and take-profit for open orders. 08. Although we include some automated bots to download with this template, these are only to show the potential of the code and as examples. I have built this free Parabolic SAR EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on the Parabolic SAR trend trading strategy. Close orders. These values are only accessible to the EA, ensuring your trading strategy remains confidential. An Expert Advisor that includes a trailing stop at an invisible level for the DC server. Trailing Stop on Profit is a free MT4/MT5 expert advisor that gradually trails the stop orders of your trades once they attain a given number of points of profit. 21 In the case of MT4 MA Trailing Stop expert advisor, the stop-loss follows the moving average values. Author: The Forex Geek | Published: January 10, 2024. use Virtual Stops Choose whether this tool should be active or not. This Expert Advisor will set all the necessary stop loss and take profit levels for your positions. Feb 23, 2024 · An MT4 Trailing Stop EA (Expert Advisor) is a computer program or script designed to automate the process of managing stop-loss orders in the MetaTrader 4 (MT4) trading platform. MT4 Our mission is to create top-quality and unique trading tools for the Metatrader terminal, without hype or false promises. With this EA, you have the capability Consolidation Indicator to conceal your stop-loss Download free forex expert advisors and trading robots for Metatrader (MT4/MT5) Free Metatrader Expert Advisors (EAs) FREE . In particular, this expert advisor can use average true range (ATR) values to set the stop-loss for your orders. This Expert Advisor can be profitable in any TimeFrame a A simple expert advisor with open source code to run a Bollinger bands breakout strategy in MetaTrader 4 platform. Automatically take a screenshot of the chart when an order is submitted. Dec 24, 2015 · Auto Setting, stop loss, take profit, trailing stop, breakeven levels, enabling virtual stop loss and take profit. Charts; Trading Accounts; Online University; Live Sessions. When the resistance and support levels are broken, trades are opened in the direction of the price movement. Please test in a demo account first for at least a week. File –> Open data folder –> MQL4 –> Experts. If price pushes past your 100% take profit target, the EA will automatically trail the Jan 1, 2021 · StopLoss and TakeProfit Utility MT4 for automatic setting of stop loss and take profit levels. Jan 22, 2018 · This expert advisor trades in a completely random fashion with customizable stop-loss and take-profit levels. Jul 21, 2020 · Partial Closure EA MT4 can close partially any trade(s) on your trading account, manually by a certain percentage % of lot size and/or trade ticket or automatically in percentage % of TP/SL level for a percentage % of initial lot size in 10 take profit and 10 stop loss levels . We've got everything you need in one place. This EA „PLATE“ BUY and SELL in one. To do this, simply enter your particular price level in Stop Loss or Take Profit fields. AutoSetting stop loss, take profit, trailing stop, breakeven levels, enabling virtual stops. June 20, 2023 ; Posted by: Forex Wiki Team; Category: Forex Trading System; 4 Comments 4118 3789 Jan 1, 2024 · It includes customisable settings and money management features such as stop loss, take profit, break even and a trailing stop. It has been designed for intraday traders and scalpers. A stop-loss is set automatically if there is none. Also, basically, you don’t know what you are buying. You just need to set your desired stop loss and take profit levels. Expert advisor allows to set a take profit and stop loss as a value in money for each basket trade. In case you're wondering, the reason I wrote this is so that I didn't have to place 5 different stop loss orders in order to manage different take profit levels. It was developed for basket traders who need to open a lot of trades on many different pairs. It operates by automatically adjusting the stop May 26, 2014 · This Expert Advisor will set all the necessary stop loss and take profit levels for your positions. ShowEntryAndStop: True: The EA will draw in the entry and initial stop loss levels as part of the drawing of Sep 23, 2022 · Here is how the EA looks when you attach it to a chart in MetaTrader 5. Adjustable MA Forex expert advisor is a customizable moving average EA that offers flexible tuning of the traditional 2-MA cross strategy. Indicators, Conditions, advanced Stop Loss and Take Profit, Money Management and out-of-the-box EA templates. 5R level. Aug 19, 2023 · The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. Move to Stop Loss Price level to Break-Even MT4 & MT5 expert advisors represent MQL written programs that can help you to automatically move stop loss from default stop loss to entry position if your minimum distance condition is satisfied. 1950). be/ Jan 10, 2024 · Free Moving Average Expert Advisor (EA) Download. Generate any Expert Advisor for MetaTrader 4 & MetaTrader 5. if you want an expert advisor to move you initial stop loss to break-even, this is break-even expert advisor is pretty good for that purpose. StopType: Intrabar: The stop loss is adjusted on every tick. com. Submit a pending order with stop-loss and take-profit in pips. I use this break even Expert Advisor all the time, so I thought you guys might find it useful. This auto sl tp ea also has the trailing stop function and works seamlessly with MT4 and conduct the arduous task of risk management for you. All the Expert Advisor operation is managed from the control panel on the chart. You can set different MA periods, MA types, minimum difference, stop-loss, take-profit, trailing stop and slippage. This EA is designed to assist traders in managing their positions effectively by offering features such as setting a breakeven point, trailing stop, stop loss, and take profit levels. I have built this free MACD EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on a few different MACD trading strategies. 24/7 Trading: The Dark Venus EA can run 24 hours a day, 5 days a week, allowing traders to take advantage of trading opportunities around the clock. As one of the most popular trading platforms, MetaTrader 4 (MT4) offers a wide range of indicators to help traders make informed decisions about when to enter and exit trades. Jun 13, 2024 · The Auto Stop and Take Profit Expert Advisor For MT4 is very easy Market Maker Strategy to use. The EA automatically trails stop-losses of trades filtered according to your preferences and only when a trade has reached a certain number of profit points. I provided these three Expert Advisors so you can actually get free Expert Advisors. This automatic EA will do just that — it will activate the classic trailing stop function once your trade reaches a given level of profit. Free Expert Advisors and indicators for Explore our Multicurrency Expert Advisor for Metatrader 4, known as New Wave. com Trailing Stop on Profit EA is a free open-source MetaTrader expert advisor that can manage the stop-loss levels of your trades. If true, the take-profit tracks the stop-loss distance automatically. It can set the stop-loss and take-profit for all the active symbols from a single chart. Mar 13, 2019 · If your initial position size is 100,000 (1 standard lot), then the first take profit will represent 30,000, the second take profit will represent 30,000 while the third take profit will represent 40,000. May 26, 2024 · It includes customisable settings and money management features such as stop loss, take profit, break even and a trailing stop. The stop-loss follows the price when moving in the favor of the trade. Nov 22, 2017 · After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Features of KT Auto SL TP EA. MACD EA Trading Strategy. - Free download of the 'Hidden Stop Loss and Take Profit' expert by 'Balrog100' for MetaTrader 4 in the MQL5 Code Base, 2017. I have built this free RSI EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on the main RSI trading strategy of extreme levels. Show Info Apr 8, 2023 · Manually placing stop-loss and take-profit orders can often be a game of catch-up with the market. . It is very important to backtest trading strategies (EA) using data of quality that is as high as possible. a Versatile automated trading tool for the MetaTrader 4 platform. Show Stop Lines Draws the stop lines to the chart (only on the current chart). Created by a professional trader for traders. 2000 with a stop-loss at 1. If you add a decoy of 5 pips, then your stop loss is artificially set at 1. Implementing proper error-handling techniques, backtesting the strategy on historical data, and optimizing the parameters can help ensure the robustness and efficiency of 1. You can choose between the strategies or use both if you load the expert advisor on separate charts. Table of Contents. Expert Advisors: What to be Aware of For example, the EA can be used to manage trades by setting stop-loss and take-profit levels for market, limit, and stop orders simultaneously. So if the value is set to 0. Absolutely no coding expertise is needed to create EAs on this platform. 09 A simple change of the CCI period from 14 to 46 has increased the net profit by 280% while reducing the drawdown to 27% from a massive drawdown of 88%. Nov 24, 2016 · THE PLATE EA IC Market or FTMO Recomment Broker. Exp Assistant will help you organize maintenance of your positions. The EA is also equipped with hedge functions and allows traders to use the Classic hedge strategy or Sure-Fire strategy, also known as “Always in Mar 21, 2024 · Another crucial element is risk management, where forex traders can define parameters such as stop-loss, take-profit levels, and trailing stops within the Expert Advisor code. Virtual Stop Loss Set your Virtual Stop Loss in pips; Slippage Choose the slippage in pips. The moving average (MA) indicator is one of the most used technical indicators for forex traders. Log into MT4 and select an instrument from the Market Watch window. The utility works with any market orders opened by a trader manually or using advisors. Download Link: http://bit. Example if you have a buy entry and your stop loss is at 1. Here are the key highlights of how the algorithm works: Adaptive Risk Management The algorithm dynamically adjusts stop-loss, take-profit, and trailing stop levels based on the current market spread and vola If you set a stop-loss, the Lot Size Calculator for MT4 immediately calculates the volume to satisfy the risk management conditions. Our flagship Strategy Builder EA is a fully featured trade panel with ability to operate on configured indicators, with real-time statistics (profit & draw down) and auto optimization of settings. The EA works only with market orders opened manually. RSI EA Trading Strategy. Expert Advisor. runwiseFX supplies groundbreaking Expert Advisors (EA) and Indicators for the MetaTrader platform. If you don't want the expert to move the order's stop loss, then set the "Move_Stops" parameter to "false". This simple expert advisor for MT4 will watch for new trades and automatically apply a default stop lossFor the MT5 version of this expert: https://youtu. Stealth stop loss feature allows you to hide your stop loss and take profit in case you feel that your broker is hunting your stops (there are brokers who do this) Decoy stop loss feature allows you to set a decoy to your stop loss and take profit such that you the MT4 Trade Manger EA would close off your position before TP/SL is hit. Profit-Taking EA Builder Use this Free Tool to Generate MQL Code for MetaTrader 4 or MetaTrader 5 and Build an Expert Advisor that Automatically Takes Profit for You The Stop Loss (SL) and Take Profit (TP) MT4 Indicator is a powerful tool for traders looking to manage their risk and maximize their profits. I think this works, but haven't fully tested it. EA Studio has the capability to build in easily the two in the strategies. Dec 17, 2016 · Set stop-loss and take-profit levels with drag and drop price selection; Close all existing trades with a single click; Delete all pending orders with a single click; Reap partial profits with a single click; The EA offers the following buttons and actions: BUY, BUY STOP and BUY LIMIT; SELL, SELL STOP and SELL LIMIT BOOSTER FOR MT5 is a professional scalping advisor for daily work on the FOREX currency market. This program, the Expert Advisor, is designed to automatically set the Real or Virtual Stop Loss and Take Profit levels for your positions while trading. Stop Loss Color Color of the Stop Loss line. Hidden SL and TP act as free EA or expert advisors for MT4 or MetaTrader 4 stage. Hidden Stop Loss and Take Profit EA for MT4 Dec 11, 2023 · The MT4 BreakEven EA is an automated trading Expert Advisor (EA) designed to manage and optimize your trading profits on the MetaTrader 4 platform. The broker does not see your stops and cannot lower them. In particular, this expert advisor uses two parameters to trail the stop-loss according to your preferences. MT4 Expert Advisor Template IS NOT a fully automated strategy. Dec 19, 2023 · Download Link: Tight_Trailing_Stops 4: Break Even Expert v1 . Copy the EA to your MT4 experts folder and that’s it! 2. RSI Extreme Strategy The Trailing Stop on Profit is an expert advisor for MT4 and MT5 developed by EarnForex. An Expert Advisor (EA) is a piece of software or script used in the MetaTrader trading platform to automate trading strategies. Consequently, you will be notified when to open a particular position. Average true range is a popular indicator among all financial traders. mq4 EA file for MT4. Step 2. kcsis smxkdzy ftpvh bxesegy fvzi xozdhb vrtm mzsps ivdeil bwb