Expert Advisor for Vertex FX

[omsaitech5551]

Hello,



We have converted an Expert Advisor Catching Gaps for Vertex FX. Catching Gaps is a very powerfull Expert Advisor for VertexFX that catches the gaps and use it to place orders and generate profit.

The EA opens a trade when there is a price gap. Gaps are usually found when new market session is opened (market opening). The minimum gap size and lot size are defined in parameter. Catching Gaps will open orders if the gap is more than min gap size set in the parameter.

There are two paramenters. The first parameter is min_gapsize which is minimum gap size in points. This parameter by default is set to 1. The second parameter is lotsize_gap, which is number of lots to be traded; catching gaps EA will open for all orders. For every new bar, EA calculates the gap between current open price and previous high, also between current open price and previous low.

traders can place buy positions when Current Open Price is lower than previous low. Place take profit at previous low, also traders can place sell position when Current Open Price is higher than previous high. Place take profit as previous high.

 

[sininfinity]

I am not familiar with the session ending gap. Did you mean monday opening gap?

 

[OmSaiTech]

Its free for all trader

I Regression is a powerful Vertex client-side indicator used to calculate and display regression data for a specific chart.
It is used to identify sideways and trending markets using the First degree regression, and the market cycles using the second and third degree regressions.

It has three modes of operation, configured based on the DEGREE input parameter –

Number 1 Mode is Linear Regression Mode – As the name implies, it displays three lines, the middle GREEN line which is the linear regression line, a yellow line each above and below the middle GREEN line. The two YELLOW lines are K S T D times the standard deviation away from the middle GREEN line. When the prices are restricted within the outside YELLOW lines, it is clearly that volatility is below K S T D number of standard deviations.
Hence, breakout trades can be placed beyond these two YELLOW lines.

Similarly the Number 2 Mode is Parabolic Regression Mode –The Parabolic Regression Mode is the second degree regression mode using second power filters to calculate the regression lines instead of first power (linear) regression.
Breakout trades can be placed above and below the YELLOW lines.

Similarly the Number 3 Mode is Polynomial – The Polynomial Regression Mode is the Third degree regression mode using Third power filters to calculate the regression lines.

Breakout trades can be placed above and below the YELLOW lines.

 

[OmSaiTech]

CheckArbitrage is an innovative and powerful VertexFX client-side indicator that tracks all open positions in the current trading account and evaluates the net position and the net arbitrage value of these open positions.

In the first step, it evaluates through all the open positions. For each open position, the long component of the instrument’s volume is multiplied by its opening price and added to the specific currency pair. Similarly, the short component of the instrument’s volume is multiplied by its opening price and subtracted from the specific currency pair.

The indicator provides the net cumulative position for each currency, thereby giving the user a holistic view of his/her positions. The user can identify the bias of the current account. For example, if the net cumulative position of EUR is positive, and of GBP and USD is negative, it implies that the user is bullish on EUR and bearish on GBP and USD. Therefore a bearish movement in EUR, or a bullish movement in GBP or USD is detrimental to the user’s account. Using this CheckArbitrage indicator, the user can protect the account accordingly.

Please Make a Note This indicator script does not open or close orders. This indicator tracks pairs of the following currencies – AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, JPY, MXN, NOK, NZD, PLN, RUR, SEK, TRY, USD and ZAR.

 

[OmSaiTech]

AfterEffects is an innovative VertexFX client-side Expert Advisor script that trades based on trend and breakout in market direction.
The idea behind the Expert Advisor is to trade in the direction of the breakout, with a predefined stop-loss to protect the trade in case of adversity.

When opposite signals are received, the trade is protected using break-even stop-loss and by opening hedged trade in the opposite direction.

If the sum of the current Close and Open of 2P bars ago is greater than twice the Open price of P bars ago, a BUY signal is generated, otherwise a SELL

signal is generated. If the RANDOM input variable is set to FALSE then the signals are reversed – and BUY signal is reversed to SELL and SELL

signal is reversed to BUY.

So, its BUY if currant Close price Plus Open price at 2P bars ago is greater than Doubble of Close price at P bars ago
SELL if, currant Close Price Plus Open price at 2P bars ago is less than Doubble of Close price at P bars ago

The market signals are evaluated on close of each candle. If a new signal is encountered, the trade is placed accordingly. After placing new trades (if

any) as per the signal criteria, it evaluates open positions for updating the stop-loss, targets and hedging mechanism.

 

[OmSaiTech]

Blonde Trader is a simplistic breakout based Vertex F X client-side Expert Advisor script that trades based on the breakout direction.

The concept behind the Blonde Trader Expert Advisor is that when the price breaks above the Highest High of the specific number of bars by a defined margin, it is a strong bullish signal, and trade can be initiated in the Bullish direction.

Similarly, when the price below the Lowest Low of the specific number of bars by a defined margin, it is a strong bearish signal and trade can be initiated in the Bearish direction.

Additionally, the Blonder Trader employs Grid methodology using Buy-Limit and Sell-Limit orders at specified distance from the initial price to maximum profit opportunities.

It employs protective stops using break-even stop and takes profit when a predetermined dollar amount of profit is reached for all the combined positions.

 

[OmSaiTech]

Elementary Trailing Stop is a powerful VertexFX client-side expert advisor used to implement trade management in the current user account.
The expert advisor continuously monitors all open positions. When the sum of the open price of the current order and the user input trailing stop in points is less than the ask price of the current symbol and the sum of the stoploss of the current order and the user input trailing stop in points is less than the ask price of the current symbol, the stoploss is updated to the current order.

The stoploss of the current BUY order is moved to the difference between the Ask Price and the user input trailing stop in points.

The stoploss of the current SELL order is moved to the sumof the Bid Price and the user input trailing stop in points.

The expert does not modify the Take profitof the open orders.

The expert performs the elementary trailing stop to all the new positions also.

Please make a note that this Expert does not open any buy or sell order it comes in to action when any order is placed to control the profit and loss.

 

[OmSaiTech]

The Prophet VTL Expert Advisor is an innovative client-side VTL script that trades based on market direction during specific trading session.
It is based on range of the High and Low of the previous bar and two bars ago.

The concept behind this Expert Advisor is that when the weighted range of the previous bar and two bars ago is above a specific threshold a BUY or SELL signal is generated which indicates a breakout in the direction of the direction of the trade.

By placing a tight stop-loss of a few pips, and trailing stop to trail profitable positions it maximizes its profits and minimizes losses.

The Expert Advisor evaluates entry and exit rules at the close of each candle which are described in more details in Descripction.


http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/prophet.html

http://omsaitech.co.in/prophet-vtl-expert-advisor-for-vertex-fx/

 

[OmSaiTech]

The 21 Hour Expert Advisor is a VertexFX client-side script that is useful to trade breakouts buy employing STOP orders.

This Expert Advisor is very useful during news events when the markets are highly volatile, and the direction of the breakout cannot be determined initially. For example, consider a trader who wants to trade in the direction of a breakout after a news event at 10 am.

Once a breakout occurs, the trader wants to place a trade in the direction of that breakout with a specific take-profit target. If the breakout does not occur within a specific time, or after the breakout has occurred but the take-profit is not achieved within a specific time, the trader wishes to delete the pending order, or close the trade.

The 21 Hour Expert Advisor helps the trader accomplish this task by automatically managing this trade.

In the first step, the Expert Advisor places a Buy Stop order at the ChasStart hour for example 10 am Limit points above the current Ask price, and a Sell stop order Limit points below the current Bid price.

The Expert Advisor employs One-Cancels-Other mechanism for these two orders. If the Buy Stop order is executed first, then the pending Sell Stop order is immediately deleted. Likewise, if the Sell Stop order is executed first, then the pending Buy Stop order is immediately deleted. Hence, there can be only one open position initiated by the Expert Advisor.

If a position is opened and exited at take-profit before ChasStop hours (For example 8 pm), then the Expert Advisor becomes idle. However, if there are pending orders when the end-time specified by ChasStop hours is reached then these pending orders are deleted and the Expert Advisor becomes idle.
Similarly, if the position is still open at ChasStop hours, it is closed by the Expert Advisor. In other words, the Expert Advisor deletes pending orders (if any), or closes open position (if any) at ChasStop hours and transitions to idle mode.

This Expert Advisor does not have a stop-loss since it exits positions at ChasStop hours. It is recommended that the trader set a stop-loss manually if desired.
http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/21-hour.html

 

[OmSaiTech]

The Anti Fragile Expert Advisor is a VertexFX client-side script that employs a fixed-interval grid methodology to trade in both Long and Short directions. It is particularly useful in range-bound and sideways markets.

The concept behind this Expert Advisor is that in a sideways market, a grid methodology works best.

By placing BUY-LIMIT and SELL-LIMIT orders at specific intervals, the likelihood of BUY and SELL (LIMIT) being opened alternately is very high.
By employing a trailing-stop instead of a take-profit, the Expert Advisor protects its profit, as well as if the market turns into trending mode it maximizes its profit potential.

The AntiFragile Expert Advisor trading rules are as follows:

Rule No 1 When the Expert Advisor is started, if TradeLong is set to TRUE, and if there are no pending orders (open positions may exist), then the Expert Advisor places Number Of Trades number of BUY-LIMIT orders at equal intervals of SpaceBetweenTrades points below the current Bid price.

Rule Number2. Similarly if Trade Shortis to TRUE, it places an equal number of SELL-LIMIT orders at equal intervals of Space Between Trades points above the current Ask price.

RuleNumber3. The stop-loss of each of these orders is set to StopLoss points.

Rule Number4. There is no take-profit since profitable orders are tracked using trailing-stop as specified by the TrailingStop points.

Rule Number5. During the course of the execution of the Expert Advisor, if there are no BUY-LIMIT pending orders, but if SELL-LIMIT pending orders exist, then these SELL-LIMIT pending orders will be deleted.

Similarly, if there are no SELL-LIMIT pending orders, but if BUY-LIMIT pending orders exist, then these BUY-LIMIT pending orders will be deleted.

Rule Number6. Once all pending orders are triggered (or deleted), the Expert Advisor starts to place new orders as specified in Rule step 1 onwards.

Rule Number7. An open position is closed by the Expert Advisor when its initial stop-loss is hit, or its trailing stop-loss is hit.


http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/anti-fragile.html

 

[OmSaiTech]

The Breakout Expert Advisor is a VertexFX client-side script that trades the breakouts based on Daily bars.

The concept behind this Expert Advisor is when the price breakouts out the previous day’s High or Low, it is an indication of a strong trend in that direction which can be traded with a high probability of success.

The EA folow certain ENTRY RULES which are as follows: –

Rule Number 1. Entry rules are evaluated only between the configured times of the Expert Advisor, which is from MondayHour on Monday uptoFridayHouron Friday.

Rule Number 2. Entry rules are evaluated only if there is no open position.

Rule Number3. BUY trade is initiated if the current Ask price has crossed above the previous day’s High. The stop-loss is set to SL points, the take-profit is set to TP points. The lot-size is calculated based upon the UseMM parameter, either as fixed lot-size (Lots) or based on risk-per-trade (PercentMM).

Rule Number4. SELL trade is initiated if the current Bid price has crossed below the previous day’s Low. The stop-loss is set to SL points, the take-profit is set to TP points. The lot-size is calculated based upon the UseMM parameter, either as fixed lot-size (Lots) or based on risk-per-trade (PercentMM).

Rule Number5. When trading on Monday, the previous day is consider as Friday even if there is data available for the Sunday. In other words, the data for Sunday candle is ignored.

If a position is opened, the Expert Advisor tracks it using a trailing stop to protect the profits.
This Expert Advisor can be attached and traded on a chart of any-time frame, however, it uses daily price bars internally for its calculations.


http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/breakout.html

 

[OmSaiTech]

The X Trail 2 script is a VertexFX client side script that scans trade conditions based on two Moving Averages, typically a fast Moving Average and a slow Moving Average. It only provides ALERT message to the user, it DOES NOT open or close trades.

The concept behind the X Trail 2 script is that the combination of a fast Moving Average and a slow Moving Average identifies trending markets, especially fast breakouts. It scans for trading opportunities every Run_Interval seconds, and alerts the user when a BUY or a SELL criteria is met.

The fast Moving Average responds to price quicker than the slow Moving Average. When the market transitions from a sideways movement to a breakout (either bullish or bearish), the fast Moving Average crosses in the slow Moving Average in the direction of the breakout. If this cross is sustained on the next bar, a Bullish or Bearish criteria is confirmed and the script generates a BUY or SELL alert respectively.

A BUY alert is generated when the fast Moving Average of the current candle is above its slow Moving Average, AND, the fast Moving Average of the previous candle is also above its slow Moving Average, AND, the fast Moving Average two candles ago is below its slow Moving Average of two candles ago.
In other words, the fast Moving Average has crossed above the slow Moving Average on the previous candle and is continuing its uptrend. This implies that the price has exhibited a bullish breakout recently, and is a potential for BUY trade.

A SELL alert is generated when the fast Moving Average of the current candle is below its slow Moving Average, AND, the fast Moving Average of the previous candle is also belwo its slow Moving Average, AND, the fast Moving Average two candles ago is above its slow Moving Average of two candles ago.
In other words, the fast Moving Average has crossed below the slow Moving Average on the previous candle and is continuing its downtrend. This implies that the price has exhibited a bearish breakout recently, and is a potential for SELL trade.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/x-trail-2.html

 

[OmSaiTech]

The K R I indicator is a simple yet powerful Vertex F X client-side indicator that is based on Moving Averages.

It first calculate the Moving Average Envelope over the K R I Period of the High if MODE is 1, and period of the Low if the MODE is set to 2.

In the second step, It calculate the K R I, which is ratio of difference between the current price and the Moving Average envelope, divided by the Moving Average envelope. This value is then expressed as percentage.

When the indicator value is above zero, it implies bullish trend, and traders can initiate LONG positions. When the indicator has peaked out above zero and is gradually falling, traders should exit their LONG positions.

When the indicator value is below zero, it implies bearish trend, and traders can initiate SHORT positions. When the indicator has bottomed out below zero and is gradually rising, traders should exit their SHORT positions.

It’s always advised to use any E A or Indicator on Demo account first and use it on live account after confirmation of the desired results of the E A or Indicator.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/kri.html

 

[OmSaiTech]

The Zakryvator Expert Advisor is a powerful VertexFX client-side script that provides risk-management mechanism for losing trades.

It tracks open positions for the current symbol and whenever the net loss of each trade reaches a specified amount it closes that open positions. Profitable trades are not tracked by this Expert Advisor.

The idea behind this Expert Advisor is to provide the user with a risk management tool to reduce risk and avoid huge losses. It can be used with manual trading, or in conjunction with other Expert Advisors.

It should be noted that this EA does not open new positions, nor does it manage stop-loss, take-profit target, or employ trailing or breakeven stop.

For example, if capital M I N_002_005 is configured to $10, the Expert Advisor will close open positions with lot-sizes between 0.02 and 0.05 if their net loss is $10 or more.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/zakryvator.html

Click Here for More Expert Advisor Descriptions...

 

[OmSaiTech]

Move_Cross Expert Advisor for VertexFx Terminal


The Move_Cross is a powerful VertexFX client-side Expert Advisor that identifies and trades in cyclical as well as trending markets.

One of the advantages of this Expert Advisor is that it distinguishes both trending and cyclical markets and hence has a higher success rate since it knows when the market transitions from sideways to trending (and vice-versa) and protects profits appropriately.

The concept behind the Move_Cross Expert Advisor is using RAVI indicator (Rapid Adaptive Variance Indicator), in conjunction with break of the High and Low of the recent bars. It uses multiple time-frames, namely Daily, Hourly and 1-Minute.

The EA follow certain rules which are as follows

ENTRY rules for BUY or LONG positions
Rule No 1 BUY trades are disallowed before Monday 7 am.
Rule No 2 If a BUY position is already open, the rules for BUY entry are not checked.
Rule No 3 If a SELL position is already open and a BUY signal is generated, then the SELL position is closed first and then the BUY trade is opened.
Rule No 4 In the first step, we calculate the RAVI of 2 and 24 period Simple Moving Average (SMA) of the Open price on H1 period. If this value is less than zero, a Weightage of 10 is assigned.
Rule No 5 In the second step, if the High of the previous candle and two candles ago on the Hourly chart is greater than the current Bid plus 5 pips, then the Weightage is increased by 7.
Rule No 6 On the 1-minute chart, if the High of the candle is greater the current Bid plus 5 pips, then the Weightage is decreased by 50. This step is repeated for the recent 12 one-minute candles.
Rule No 7 If the Close of the previous 1-minute candle is greater than the current Bid plus 5 pips, then the Weightage is increased by 50.
Rule No 8 If the High of any of the recent fourteen Hourly bars is greater than current Bid plus 45 pips, then the Weightage is reduced by 50.
Rule No 9 Finally, if the Weightage is greater than 50, then a BUY signal is triggered.



ENTRY rules for SELL or SHORT Position
Rule No 1 SELL trades are disallowed before Monday 7 am.
Rule No 2 If a BUY position is already open and a SELL signal is generated, then the BUY position is closed first and then the SELL trade is opened.
Rule No 3 In the first step, we calculate the RAVI of 2 and 24 period Simple Moving Average (SMA) of the Open price on H1 period. If this value is greater than zero, a Weightage of 10 is assigned.
Rule No 4 In the second step, if the Low of the previous candle and two candles ago on the Hourly chart is lesser than the current Ask minus 5 pips, then the Weightage is increased by 7.
Rule No 5 On the 1-minute chart, if the Low of the candle is lesser the current Askminus 5 pips, then the Weightage is decreased by 50. This step is repeated for the recent 12 one-minute candles.
Rule No 6 If the Close of the previous 1-minute candle is lesser than the current Askminus 5 pips, then the Weightage is increased by 50.
Rule No 7 If the Low of any of the recent fourteen Hourly bars is lesser than current Ask minus 45 pips, then the Weightage is reduced by 50.
Rule No 8 Finally, if the Weightage is greater than 50, then a SELL signal is triggered.

EXIT CONDITIONS for the EA –
Condition No 1 A trade is closed when the stop-loss is hit if the parameter StopLoss is configured.
Condition No 2 A trade is closed when the take-profit is reached if the parameter TakeProfit is configured.
Condition No 3 A trade is closed when the trailing stop-loss is hit if the parameter UseTrailingStop is configured.
Condition No 4 An open BUY trade is closed if an opposite SELL signal is triggered. Likewise, an open SELL trade is closed if an opposite BUY signal is triggered.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/movecross-ea.html

 

[OmSaiTech]

The OST Parabolic SAR Expert Advisor is a VertexFX client-side script based on the Parabolic Stop-And-Reverse (P-SAR) indicator.
This Expert Advisor employs two Parabolic SAR indicators, one for entry and one for exit. As the name implies, this Expert Advisor uses the stop-

and-reverse mechanism, and hence its signals alternate between LONG and SHORT. It is highly successful in cyclical markets, but its performance

degrades in sideways or neutral markets.
The Expert Advisor trades between starting time specified by START_HOUR and START_MINUTE, and the ending time specified by END_HOUR

and END_MINUTE. During the inactive period the Expert Advisor only tracks the exit rules and ignores all entry rules.
The Expert Advisor opens a BUY trade when the entry Parabolic SAR based on the TRADE_STEP and TRADE_MAX parameters generates a

BULLISH signal. If a BUY trade is already open, then the signal is ignored, whereas if a SELL trade is open, it is closed and then the BUY trade is

opened. Similar rules are applied when a SELL signal is generated by the entry Parabolic SAR indicator. If MONEY_MANAGEMENT is TRUE, the

lot-size is calculated based on the Account Balance and the RISK_PERCENT parameters, otherwise the fixed LOT_SIZE value is used.
The initial stop-loss is based on the Average True Range indicator calculated using the ATR_PERIOD and ATR_MULTIPLIER parameters.

Additionally, to protect profits and respond to adverse market movements, the Expert Advisor uses the exit Parabolic SAR calculated from the

STOP_STEP and STOP_MAX parameters for a tighter trailing stop and reversal criteria.
When a position reaches profit which is equal to the initial stop-loss, the Expert Advisor moves the stop-loss to the entry price if BREAKEVEN is set

to TRUE. Likewise, if PARTIAL_CLOSING is set to TRUE, it closes half of the position upon reaching this profit milestone.
The Expert Advisor does not use a profit target for the open positions. The open positions are closed by the initial-stop, the trailing stop or based on

the MACD exit rules. By not using a fixed profit target, the Expert Advisor capitalizes on generating huge profits when the trend is very strong and

continues for a long time.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/OST-ParabolicSAR.html

 

[OmSaiTech]

The OST MACD Expert Advisor is a VertexFX client-side script that trades based on the Moving Average Convergence Divergence (MACD)

indicator and the trading range breakout mechanism.
This Expert Advisor uses the concept of MACD indicator and a breakout of the recent Highest High or Lowest Low in the direction of the MACD to

determine the trade entries. When the price breaks out above the recent Highest High it is a strong indicator of a new bullish uptrend. By using the

bullish confirmation of the MACD indicator the Expert Advisor ensures that the BUY trade has a very high probability of success. Similarly, when the

price breaks out below the recent Lowest Low it is a strong indicator of a new bearish downtrend. By using the bearish confirmation of the MACD

indicator, the Expert Advisor ensures that the SELL trade has a very high probability of success.
The Expert Advisor opens a BUY trade when the price has crossed above the Highest High of the recent BREAKOUT_PERIOD, and the MACD

Main indicator value is above the MACD Signal value. If a BUY trade is already open, then the new BUY signal is ignored, whereas if a SELL trade

is already open, it is closed and a new SELL trade is opened.
The Expert Advisor closes the BUY trade if the stop-loss is hit, or if the MACD Main value closes below the MACD Signal value.
Likewise, the Expert Advisor opens a SELL trade when the price has crossed below the Lowest Low of the recent BREAKOUT_PERIOD, and the

MACD Main indicator value is below the MACD Signal value. If a SELL trade is already open, then the new SELL signal is ignored. If a BUY trade

is already open, it is closed and a new SELL trade is opened.
The Expert Advisor closes the SELL trade if the stop-loss is hit, or if the MACD Main value closes above the MACD Signal value.
The initial stop-loss is set to the Average True Range calculated over the ATR_PERIOD and multiplied by the ATR_MULTIPLIER.
When a position reaches profit which is equal to the initial stop-loss, the Expert Advisor moves the stop-loss to the entry price if BE_ENABLED is set

to TRUE. Likewise, if PARTIAL_CLOSE_ENABLED is set to TRUE, it closes half of the position upon reaching this profit milestone.
The Expert Advisor does not use a profit target for the open positions. The open positions are closed by the initial-stop, the trailing stop or based on

the MACD exit rules. By not using a fixed profit target, the Expert Advisor capitalizes on generating huge profits when the trend is very strong and

continues for a long time.


http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/ost-macd.html

 

[OmSaiTech]

The Binario 31 Expert Advisor is a powerful VertexFX client-side script that trades breakouts based on Exponential Moving Averages (EMA).

It relies on Exponential Moving Averages to define a price band which acts as Support and Resistance levels, which when breached generates new trend breakouts.
Pending SELL-STOP and BUY-STOP orders are placed just outside the Support and Resistance levels to catch potential breaks.

If the price reverses after a breakout, which is termed as a false breakout, and then hits a stop-loss, the pending order of the opposite direction is triggered, thus providing another opportunity to trade the breakout in the opposite direction.

In the first step it calculates the 144-period Exponential Moving Average of the High prices. This is considered the Resistance level.

It then calculates the 144-period Exponential Moving Average of the Low prices. This is considered the Support level.

A BUY-STOP pending order is placed at a distance of PIP_DIFFERENCE above the Resistance. The stop-loss of this BUY-STOP pending order is one pip below the Resistance level and the take-profit is set to the TAKE_PROFIT value. If a LONG position is already open, a pending BUY-STOP order is not placed.
Likewise, a SELL-STOP pending order is placed at a distance of PIP_DIFFERENCE below the Support.

The stop-loss of this SELL-STOP pending order is one pip above the Resistance level, and the take profit is set to the TAKE_PROFIT value. If a SHORT position is already open, a pending SELL-STOP order is not placed.

If the Support and Resistance levels change while the order(s) are pending, the entry price, stop-loss and take-profit values are adjusted accordingly.
The Expert Advisor protects profitable positions with a trailing stop defined by the TRAILING_STOP parameter.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/Binario-31.html

 

[OmSaiTech]

The Z S 1 Forex Instrument Expert Advisor is a mechanical VertexFX client-side script that employs Martingale mechanism within a zone to open and manage trades.
Both BUY and SELL positions are opened by this Expert Advisor in a hedging mechanism to minimize risk and enhance profitability.
When the Expert Advisor starts, and there are no open positions, it immediately opens a BUY and a SELL order at market. The Expert Advisor divides the price into four market zones as follows:
1. Zone zero – The initial zone when there are no open positions.
2. Zone 1 – This zone lies between the entry price of the initial open positions and a band of ORDER_SPACE points.
3. Zone 2 – This zone lies above Zone 1.
4. Zone 3 – This zone lies below Zone 1.
After the initial trades (both BUY and SELL) are placed, the Expert Advisor checks for conditions to add a Martingale position, and similarly for exit conditions.

When the price falls into Zone 2 or Zone 3, the Expert Advisor opens a SELL trade, or a BUY trade respectively. Each trade is opened at a distance of ORDER_SPACE from its previous order.

It opens up to 12 orders in each direction in a Martingale series and the lot-sizes are increased proportionately in the following sequence of 3, 6, 12, 24, 48, 96, 192, 384, 768, 1536 and 3072. So, if the first lot-size is 0.1 lots, then the final (12th) lot-size will be 307.2 lots.

When the total profit of all the positions combined is greater than zero, then all the positions are closed.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/ZS1-Forex-Instrument.html

 

[OmSaiTech]

The OST Turtle Trading Expert Advisor is a VertexFX client-side script that trades market breakouts. It is an enhancement of the popular Turtle Trading strategy.
This Expert Advisor identifies the Highest High and the Lowest Low of the recent TRADING_PERIOD candles to place LONG and SHORT breakout trades respectively. When the price breaks out of its recent trading bandit implies a new market direction is in force, and therefore the Expert Advisor places a trade in the direction of the trade.
When the Expert Advisor is started, it calculates the Highest High and the Lowest Low of the recent TRADING_PERIOD candles for the previous candle. When the price crosses above this Highest High value, a BUY (LONG) trade is opened if a BUY trade does not already exist. If a SELL trade exists when a BUY signal is received, the Expert Advisor keeps the SELL trade open and opens a new BUY trade.
On the contrary if the price crosses below the Lowest Low value, a SELL (SHORT) trade is opened if a SELL trade does not already exists. If a BUY trade already exists when a SELL signal is received, the Expert Advisor keeps the BUY trade open and opens a new SELL trade.
The lot-size is based upon the MONEY_MANAGEMENT setting. If MONEY_MANAGEMNT is set to false, the lot-size is set to the fixed LOT_SIZE value. However, if the setting is true, the lot-size is calculated based on the RISK_PERCENT and the initial stop-loss.
This Expert Advisor employs two levels of stop-loss – an initial stop-loss that is based on the Highest High and Lowest Low of the recent STOP_PERIOD candles, and a dynamic stop-loss based on the Average True Range (ATR).
The initial stop-loss is the Lowest Low of the recent STOP_PERIOD for BUY trades, and the Highest High of the recent STOP_PERIOD for SELL trades. These levels also act as trailing stop.
If SL_ENABLED is set to true, the Expert Advisor employs a trailing stop using the Average True. The trailing stop trails the current price by Average True Range multiplied by the ATR_MULTIPLIER value.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/OST-Turtle-Trading .html