Super news. Yes, with this EA you're able to use almost any indicator. You no longer need to order custom EA for each indicator separately. Your freedom starts with this EA. If the indicator works properly, you're good to go.
You will need some time and practice to get used to it. But basically it's easy and comfortable to use this EA. Only essential settings which are easy to follow. Let me explain how to use it. I hope it's clear enough.
Also we have MT5 version of this EA here
These are the main settings. Using them you will select your indicator which you want to trade with.
Indicator name - this one is the most important. Your indicator must be inserted in the "Indicators" folder in your MT4. Data folder > MQL4 > Indicators. In other words, it's the same place where all other indicators are inserted.
Buy trade indicator buffer number - this is also very important, with this setting you're able to select the buffer of the indicator. For example number 4 is buy arrow buffer in the indicator settings. Buffers can be found in the indicator settings under the "color" tab.
Sell trade indicator buffer number - this is also very important, with this setting you're able to select the buffer of the indicator. For example number 5 is sell arrow buffer in the indicator settings. Buffers can be found in the indicator settings under the "color" tab.
Buy trade indicator shift candles - I recommend to leave it as 1 most of the time. 0 means current candle. 1 means the previous closed candle. 2 means the 2nd closed candle. I would say most indicators like 90% works with 1 closed candle, meaning we have to wait for the candle to close and then we can see the arrow up for example. First try 1, if EA doesn't open trades then you can try 2 or 3.
Sell trade indicator shift candles - I recommend to leave it as 1 most of the time. 0 means current candle. 1 means the previous closed candle. 2 means the 2nd closed candle. I would say most indicators like 90% works with 1 closed candle, meaning we have to wait for the candle to close and then we can see the arrow down for example. First try 1, if EA doesn't open trades then you can try 2 or 3.
Open buy trade - simply select if you want to open buy trades or not.
Open sell trade - simply select if you want to open buy trades or not.
Now let's try to select the desired indicator and buy, sell buffers. In this example I will use our Hull indicator.
We have to select 100% of the name and copy it to the "Indicator name"
Then we have to insert the name like this. It's a 100% identical name. If the name is wrong, EA won't be able to find the indicator.
Next we have to select buffers of buy and sell signals. In this case 3 is "BUY" and 4 is "SELL".
Set the "BUY" and "SELL" buffers as in the example below.
Once we have set it up, we have a properly working system.
How to figure out the buffers?
Some indicators have 2 buffers, in this case it's easy. Some indicators have 5 buffers for example. You can try to play with colors of the buffers and in this way you can figure out which arrow is buy and which is sell. If the indicator doesn't have any buffer, then this indicator can't be used. Most indicators have buffers and they are accessible. This is how they're designed to work.
Some things to keep in mind:
Some indicators work terribly, they may redraw their signals or they work terribly.
with some indicators EA may not open buy or sell trades properly or not open at all
Using this EA default settings of the indicator are used. If you have the open source of the indicator. You can simply change the default settings if you need to change them.
Some indicators work faster, some slower. It has an impact on the speed using a strategy tester.
With this version of the EA you can use indicators which draw arrows, trend lines with colors, stars or something like that. Clearly visible buy or sell signals. Fibonacci or some other indicators barely can't be used. Contact us if you can't make it to work.
You can use this EA in the strategy tester. So you're able to test your indicator with specific settings. Faster optimization of your system.
Using a strategy tester you can find out very fast if the EA is able to work with the indicator or not.
Contact us if you have any doubts.
Inputs menu of the Trade Any Indicator EA MT4.
Explanation of other basic settings:
Fixed lot - simple fixed lot which is applied for each trade.
Max open trade - set max allowed amount of open trades.
Close trade opposite signal - true/false, set it as true if you want to close trades on the opposite signal.
Stop loss pips - set a stop loss in pips which will be used for each trade separately.
Take profit pips - set a take profit in pips which will be used for each trade separately.
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.
Trading time settings - that's simple, simply choose time and weekdays you want to trade.
Spread filter - set max allowed spread size in pips, EA checks it before opening the trade. If the spread size is too big = no trade.
Magic number - use magic number rule if this EA is used in more than 1 chart. Read more.
Download Demo of the Trade Any Indicator EA MT4, works in the strategy tester. You can use a strategy tester and make sure it works for you.
Payment methods: PayPal, Skrill.
With a Paypal account you can purchase this EA by pressing a Paypal button below. After your successful payment, please contact us and we will send your copy of the EA. Your EA will be delivered in a few hours or faster.
If you want to purchase this EA with a Skrill account. Please contact us.
This EA has no any limits:
Works with any timeframe
Works with any market
Friendly settings menu
Easy to set up
There are no any restrictions
Best quality guaranteed
EA has the most used features, we don't want to add too much stuff in the original EA. So we offer custom updates for any of our EA - you can easily order a custom update and adapt this EA to your specific needs.
If you have any questions simply contact us and we will answer all your questions.
Eaproducer.com quality standards.