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UniParabolicTrader EA for MT5

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igorad
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Posts: 267
Joined: Mon Jun 06, 2022 8:19 am
Location: Ukraine

UniParabolicTrader EA for MT5

The UniParabolicTrader EA for MT5 which has been converted from the MT4 version was posted here.
It has some improvements over the MT4 version as follows:
  • Added TrailingStopShift parameter allowing you to use different shifts for signal and trailing stop(eg. UniParabolic Shift=1 and TrailingStopShift=0)
  • Improved formulas for some trading signals
Plus I converted the old SpreadoMeter indicator which can be used for spread control during live trading and/or visual testing.
I think there is a need to add a spread filter in the near future. This is important for those who plan to use the Expert Advisor as a scalper.

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igorad
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Posts: 267
Joined: Mon Jun 06, 2022 8:19 am
Location: Ukraine

Re: UniParabolicTrader EA for MT5

The updated UniParabolicTrader EA with the Spread Filter parameter was posted here.


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igorad
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Posts: 267
Joined: Mon Jun 06, 2022 8:19 am
Location: Ukraine

Re: UniParabolicTrader EA for MT5

The updated UniParabolicTrader EA v1.6 where I have slightly changed the algorithm and added checks to avoid the issue was posted here. I also fixed a minor bug in the FractalChannelMD indicator.


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