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UniParabolicTrader EA for MT5

Posted: Sat Apr 27, 2024 2:30 pm
by igorad
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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Re: UniParabolicTrader EA for MT5

Posted: Thu May 02, 2024 4:31 pm
by igorad
The updated UniParabolicTrader EA with the Spread Filter parameter was posted here.


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Re: UniParabolicTrader EA for MT5

Posted: Thu May 23, 2024 8:25 am
by igorad
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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Re: UniParabolicTrader EA for MT5

Posted: Mon May 27, 2024 1:37 pm
by igorad
The updated versions of the EA v1.7 and indicators were posted here.


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Re: UniParabolicTrader EA for MT5

Posted: Thu Aug 22, 2024 10:00 am
by igorad
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.



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