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Silicon Ex is an MT4 expert advisor that analyses trend, price channel and volume data to open and manage trades automatically. It includes money management, a trailing stop and a spread filter.
Get one message the moment it launches, with its price.
Silicon Ex is an expert advisor for MetaTrader 4 that watches price action, estimates the prevailing trend and a surrounding price channel, and places and manages trades without manual input. This page explains what it appears to do, which settings it exposes, and what to check before using it on a live account.
The expert reads the open, high, low and close of recent bars together with tick volume. From these it builds a view of the current trend over a number of bars you choose, and a separate channel whose width can be adjusted. Entries are generated from that analysis, and the expert then handles exits through fixed take profit and stop loss levels, an optional trailing stop, or both.
You can trade a fixed volume in lots, or switch on the money management option and set a risk percentage. Whichever you pick, test it on your own account size, because the same percentage can produce very different lot sizes depending on balance and stop distance.
The inputs include a maximum order count and an exponential stretching option. This points to the possibility of several orders being open in one direction. Treat this as a feature that increases exposure, and find out in the strategy tester how deep the exposure can get before relying on it.
The groups of inputs are listed below. Exact default values are not given here, so read them in the input window when you attach the expert.
| Group | Inputs | Purpose |
|---|---|---|
| Money management | SetVolume, EnabledMM, SetMM | Fixed lots or percentage risk |
| Trend analysis | InpTrendBars, InpApproximation | Bars used and level of detail for the trend |
| Channel analysis | InpChannelBars, InpChannelDeviation, InpVolatility and volatility filters | Channel length, width and volatility correction |
| Order control | MaximumOrders, ExponentialStretching | Limit on open orders and their spacing |
| Exits | TP, SL, TrailingOn, TrailingStart, TrailingStop | Targets, stops and trailing in points |
| Spread | ControlSpreadsOn, SpreadRestrictions | Skip entries when the spread is too wide |
| General | SetFilling, OrdersLabel, ActivateBuy, MagicNum, EcnMode, MinimumDistance, SlidingPrices, AsynchronousMode, AdjustValuesOnVolatility | Broker compatibility, order labelling and direction |
The tool is aimed at Forex symbols on MetaTrader 4. No single recommended pair or timeframe is stated here, so decide on a symbol and timeframe, then run the strategy tester with good quality history and realistic spreads. Because points-based stops and spread limits depend on the instrument, values that suit one pair may be wrong for another.
Trading carries risk, and you can lose some or all of your deposit. Past results, including backtests, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Automated systems can behave differently on a live account because of slippage, wider spreads, requotes and execution delays. Check the minimum deposit that suits your broker and the lot size, and keep a stop loss in place.
Before going live, set the order filling and ECN options to match your broker, and set a spread limit that reflects normal conditions on your symbol.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) only |
| Strategy focus | Signals, Trend, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Strategy tags | Signals, trend, volume |
| Markets | Forex; check symbol suitability in the strategy tester |
| Timeframes | Not fixed here; test the timeframe you plan to use |
| Position sizing | Fixed lots or percentage-based money management |
| Exit controls | Take profit, stop loss and trailing stop in points |
| Requirements | Algo trading enabled; broker order filling and spread to be checked |
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No. This listing is for MetaTrader 4 and the expert advisor is built for that platform. It will not load in MetaTrader 5. If you use MT5, look for a product made for that platform instead.
Extract the download, copy the expert file into the MQL4/Experts folder through File > Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the expert onto a chart and make sure Algo trading is switched on and automated trading is allowed in the properties.
The seller does not publish tested values in the information available here, so there is no safe default to quote. Begin on a demo account with a small fixed volume, review take profit, stop loss, maximum orders and the spread limit, and run the strategy tester on your own broker data before going further.
The inputs include a maximum number of orders and an option called exponential stretching, which suggests it can hold more than one order in a direction. Confirm exactly how it behaves in the tester and on a demo account, and size the risk for the largest number of orders you allow.
It is designed to adapt to broker requirements through settings such as order filling mode, ECN mode and spread control. Account types, execution speed and spreads still differ between brokers, so check the behaviour on a demo account with your own broker first.
Silicon Ex
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