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Magic EA MT4

3
Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author.


The EA works with low margin levels.


Using EA :


The EA is very simple and without complicated input parameters.

These are main parameters must be set :

  • General Options
  • Time Frame : Time frame for trading.
  • Trade Type : Long/Short/Both/No-Hedge
  • Stop Trading : if true, EA don't open a new position. Only manage already opened.
  • Minimum Distance to Open New Position : Distance to ignore new signals if older positions exist.
  • Maximum Spread to Open Position : Spread to stop trading
  • Magic Number : Any constant ID.
  • Show Panel On Chart : Shows report of positions on chart with the option of manual closing them.
  • Closing Positions
  • Take Profit : TakeProfit in Points
  • Action for in-Loss Positions : Averaging-Add,Averaging-Multiply, StopLoss, WaitforTP
  • Stop Loss : StopLoss in Points. Only act if the StopLoss option selected above.
  • Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
  • Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
  • Averaging Volume Add : Volume adding if averaging selecting above.
  • Averaging Maximum Volume Per Trade
  • Averaging Maximum Number of Trades
  • Volume Settings
  • Volume Calculation Method : Fixed, Dynamic Lots or Risk Percent based on Balance/Equity/Free Margin
  • Fixed Lots : Volume of trading
  • Lots Per 1000 : Volume per 1000 Balance/Equity/Free Margin
  • Risk Percentage
  • Maximum Volume Per Trade
  • Minimum Volume Per Trade
  • Trailing/Break Even
  • Trailing Stop Loss : Enable/Disable Trailing Stop
  • Trailing Start : Trailing Start Distance in Points.
  • Trailing Stop : Trailing Stop Loss Distance in Points.
  • Trailing Step : Distance to apply Trailing Stop Loss in Points.
  • Break Even : Enable/Disable Break Even
  • Activate Break Even After Loss : Distance to apply Break Even in Points
  • Day and Time Filters
  • There are options to stop trading on specific days and hours
  • News Filter Inputs
  • Block Trading During Low Impact News
  • Minutes Before/After Low Impact News
  • Block Trading During Medium Impact News
  • Minutes Before/After Medium Impact News
  • Block Trading During High Impact News
  • Minutes Before/After High Impact News
  • Notifications


* All above default point inputs are for 5digit accounts. if your account is 4digit use 0.1x numbers.


Optimizing EA :


(important) Optimize EA for the last 6 month before using, and update optimization every 1-2 month.

There is no any parameter to optimize EA signal engine. The only parameters are user money management inputs.

Optimization of EA is so fast and easy. We recommend these Optimization inputs :

  • Load all Default Values
  • Test with Every Tick Based on Real Ticks
  • Time Frame Bounds : M5 to D1
  • Take Profit Bounds : 100 to 1000 step 100 (10 to 100 step 10 for 4digit accounts)
  • Averaging Distance Bounds : 500 to 8000 step 500 (50 to 800 step 50 for 4digit accounts)
  • Averaging Volume Multiplier  Bounds : 1 to 5 step 0.5

It is strongly recommended to optimize EA based on the example demonstrated in the video.


 
Recommendations and Using Conditions :

  • You can run EA on several charts and symbols. Try to use different Magic Number input for each chart.
  • If you attach EA to multiple charts, decrease volumes to reduce your risk.
  • To enable News Filter, Visit How to Setup News Filter.

We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.




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contact me Wir stellen Ihnen den ultimativen EA für Händler vor, die von kurzfristigen Kursbewegungen des NAS100-Index profitieren wollen - den NAS100 Scalping EA! Unser Scalping EA ist eine automatisierte Handelssoftware, die sich das Momentum der New Yorker Börse zunutze macht. Der EA identifiziert Handelsgelegenheiten mit hoher Wahrscheinlichkeit und ist so konzipiert, dass er Trades schnell ausführt und kleine Kursbewegungen innerhalb von Minuten erfasst. Mit unserem NAS100 Scalping EA
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Divo MT4
Anton Kondratev
5 (2)
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715 USD
Waka Waka EA
Valeriia Mishchenko
4.47 (45)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
2 200 USD
Atomic79 EA
Enrique Enguix
4.67 (24)
Treffen Sie ATOMIC79, den Expert Advisor, der exklusiv für den Goldmarkt (XAUUSD) entwickelt wurde! 1.       Schnelllink für Live-Konten:     --->     hier klicken 2.       Vollständige Benutzeranleitung aufrufen:     --->     hier klicken 3.       Entdecken Sie unsere XAUUSD-Bereitsets:     --->     hier klicken Hervorragende Merkmale: - Vier Markteintragsstrategien basierend auf dem individuellen iTREND-Indikator, die Ihnen verschiedene Ansätze bieten, um Ihre Trades zu maximieren. - Verwen
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Alana MT4
Hugo Feruglio
4.71 (14)
Live Monitoring The purchase price  increases  by $100 for every 5 copies sold. Suggest Pair :  AUDCAD - M15 Timeframe. The Ultimate Scalping AI for Maximum Profits.  Alana is the best scalper algorithm you can find on the market. Our robot is designed to take full advantage of market trends. It has the power to easily find the top and bottom of any market. The robot was developed by an award-winning algorithmic trader. Features: Top and Low Detection: Our proprietary scalping algorithm ana
250 USD
Undefeated Triangle MT4
Nauris Zukas
4.64 (11)
Beschreibung. Dieses Produkt ist im Rahmen eines Projekts „ PULSE_OF_MARKET “ entstanden. EA „Undefeated Triangle“ ist ein fortschrittliches System, das einzigartige Schwankungen zwischen AUD-, CAD- und NZD-Währungen ausnutzt. Historische Ergebnisse zeigen, dass diese in der Komposition verwendeten Paare nach einer schnellen Bewegung in eine Richtung immer das zuerst bewegte Paar zurückgeben. Diese Beobachtung kann es ermöglichen, ein Gitter-Martingal-System einzubeziehen, das in diesen einziga
1 099 USD
Perceptrader AI
Valeriia Mishchenko
EA has a live track record with 48 month of stable trading with low drawdown: Live performance MT5 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timefra
2 000 USD
Sorgo EA
Artsiom Rekets
3 (2)
Sorgo EA - der Handelsalgorithmus basiert auf der Rückkehr zum Mittelwert. Keine besonderen Bedingungen oder giftigen Methoden. Keine geraden Charts mit schöner Historie. Klarer Handel, ein einzigartiger Algorithmus mit einem Ziel für das Ergebnis heute... Stellenbeschreibung: Sorgo EA, in einer Position öffnet eine oder zwei (max) Aufträge. Der Abstand zwischen ihnen hängt von den Marktbedingungen und meist in jeder Position ist anders. Jeder Auftrag hat SL und TP. SL wird automatisch berechne
240 USD
Ai EuRUsD MT4
Tais Miranda Hoffmann
4.33 (72)
Only 5 copies for $320, next price: $340(3 copies left) For testing, in the settings, it is better to enable the full trade option. An expert based on artificial intelligence ( AI ) For EURUSD in time frame 15 and 30 minutes, 1 and 4 hours and daily With Relatively large number of signals (To receive all the signals: activate the full trade option in the settings and run the expert at the same time in several time frames) Has a TP and a SL Without the use of dangerous strategies such as ma
330 USD
Phoenix Rig EA MT4
Sof'ia Vlasova
5 (2)
Phoenix Rig EA: The Advanced Correlation Matrix Expert Advisor is a state-of-the-art trading tool that combines correlation matrices, Convolutional Neural Network (CNN), and Long Short-Term Memory (LSTM) to identify trading opportunities. Using cutting-edge machine learning algorithms, Phoenix Rig EA analyzes relationships between financial instruments, revealing hidden patterns and trends. By executing trades based on correlated and counter-trending assets, it maximizes risk-adjusted returns. T
699 USD
AI for Gold is different to what you have seen so far for six reasons: Reason 1: This is a fully robustified and adaptable EA  The EA uses Price Action patterns and AI to predict the outcome of the incoming trade. This unique approach enables you to enjoy superior reliability without permanent relearning and anxiety of desintagration as it is common for AI other systems.  Read  here about this novel AI trade prediction system.  Reason 2: This is the best Gold Trading EA on the MQL market  I d
649 USD
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Triangular EA Limited MT4
Kyra Nickaline Watson-gordon
1 (2)
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Risk Monitor MT4
Kyra Nickaline Watson-gordon
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Auswahl:
Johan Ferdianto
135
Johan Ferdianto 2021.04.16 10:29 
 

Good enough for martingale EA. The problem is if EA produces the wrong signal many times it will break the account. I think the basket system can improve this EA. For example, the position of Buy and Sell has the same profit goal. Or this EA can run on multiple symbols and target profit using the basket system, so it can reduce the risk when the EA makes too many wrong signals in other symbol, another symbol will help to reach the target profit.

Kyra Nickaline Watson-gordon
42929
Antwort vom Entwickler Kyra Nickaline Watson-gordon 2021.04.16 10:59
You are using aggressive setting. It is better to determine volume and averaging setting based on your account balance.
Of course you can use EA on multiple symbols and profit of one symbol cover loss of another symbol.
Antwort auf eine Rezension
Version 1.4 2023.01.28
Minor updates on signal engine and trading engine.
Version 1.3 2022.02.18
Update due to change of news address from http to https
Change the address of webrequest on terminal settings to https://ec.forexprostools.com/
Version 1.2 2022.02.05
Added compatibility with FIFO Rules + Some other minor updates.
Version 1.1 2021.10.04
Optimized Speed of Strategy Tester