Merry Christmas and Happy New Year to all our amazing forum members and your loved ones!
Thanks so much for your ongoing support and positivity throughout 2025. Let's hope 2026 brings solutions to the world's challenges, puts an end to all wars, and we can all enjoy a life of health and prosperity. I hope you have a peaceful, joyful and memorable holiday season. I'm so grateful for you!
Sincerely yours, Igor.
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.
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.
The updated version with the ability to use it on manual trading(UseManual=true) was posted here.
This version allows you to set not only SL and TP in pips, but also to use trailing stop, breakeven and partial close using UniParabolic_Stop and FractalChannelMD indicators.
