Alert EA Update
Author: XEN
Filed Under Expert Advisors | 1 Comment
Today I continued work on the Alert Expert Adviser. I’ve finished the trend line alert, the only problem with it remains the fact that you need to add the EA on each chart in order to work for trend lines on that particular chart.
The main function behind this will create an sound alert when the [...]
New EA Announcement
Author: XEN
Filed Under Expert Advisors | 2 Comments
I’m back, AGAIN ! I’m sorry I couldn’t post these 2 days, I was away from home and couldn’t take my laptop…
A friend asked me if I can create an expert adviser that makes a sound alert when some events occur. He only wanted the price/trendline crossover on this but I decided it’s a [...]
Automatic Trading, Candle Formations, Expert Adviser, Forex, Forex Trading, HAMA, Smarty Indicators
HAMA Expert Adviser
Author: XEN
Filed Under Expert Advisors | 1 Comment
The Expert Adviser based on Heiken Ashi + Moving Average set on period 20, that I have been testing lately is more a “trade logic”, than an intelligent usage of the indicator. The indicator could well be changed with another trend indicator like Parabolic SAR, but Heiken Ashi seems to be the most efficient on [...]
HAMA20 Testing
Author: XEN
Filed Under Expert Advisors | Leave a Comment
I promised I will take the time and test the Heiken Ashi on longer periods of time. I didn’t test on a 5-year period as I normally test because it wouldn’t be practical, it takes allot of time when using custom indicators and it’s not efficient.
I did however test the strategy 1 year back. From [...]
Forex Autopilot System
Author: XEN
Filed Under Expert Advisors | Leave a Comment
What can I say about the “Forex Autopilot System” ?
It’s the most complete, and documented SCAM ever made. The package consists of 3-4 scalper expert advisors that are actually Multilot Scalper Modifications. The Multilot Scalper expert advisor can be found free at mql4’s official website.
They are not modified any way constructive, the Multilot Scalper is [...]
Automatic Trading, Expert Adviser, Forex, Forex Trading, Product, Scams
HAMA EA Tests
Author: XEN
Filed Under Expert Advisors | Leave a Comment
Remember the Expert Adviser I described yesterday ? I promised I’ll give you the testing results as soon as I have them. The problem is that the Heiken Ashi MA20 is making the strategy tester in MetaTrader work very very slow, at 1 chart hour per minute. I tried everything, I lowered the chart bars [...]
Heiken Ashi Amazing Results
Author: XEN
Filed Under Expert Advisors | 7 Comments
The HAMA 20 testing is going quite well for now. I was trying to test the Heiken Ashi + Moving Average (20) method on small timeframes like 5min and 15min, and instead of getting the results I was expecting, all my trades were loosing, so I decided to inverse the trades… and “POW!” I hit [...]
New Expert Adviser
Author: XEN
Filed Under Expert Advisors | Leave a Comment
Today I started work on my new expert adviser idea. The new EA will be using two simple moving averages and RSI. The EA will work on RSI levels to calculate the perfect entry point based on previous levels and trend age. RSI value calculation will be taken from each chart, starting from the smallest [...]
Expert Adviser - Structure
Author: XEN
Filed Under Expert Advisors | Leave a Comment
We keep talking about these expert advisers, but how are they structured ?
The basic structure of an Expert Adviser should be made out of the following elements:
- Order Open Condition function
- Order Close Condition function
The order open condition function should contain analysis function calls. Most of the automatic trading systems that are used now, combine [...]
Automatic Trading
Author: XEN
Filed Under Expert Advisors | 1 Comment
My opinion on automatic trading is: “The most amazing subject on the planet earth”.
What is Automatic Trading ? The name mostly speaks for it’s self !
Automatic Trading is a form of trading a strategy without actually being at the computer, without doing the precious analyse every time you want to trade. Automatic trading refers to [...]

