EXPERT
>>>>>>> MT5 https://www.mql5.com/en/market/product/125004
>>>>>>> MT4 https://www.mql5.com/en/market/product/125971
Info
- Currency pair: XAUUSD (GOLD)
- Timeframe: H1
- Minimum deposit: $100 (recommended $300)
- Account type: Any account type, but ECN and Raw spread accounts will be better
- Leverage : Any
- Account type: Any
- Use a VPS for the EA to work 24/7 (Recommended)
RECOMMENDED BROKERS (register by link below )
IC TRADING https://shorturl.at/02pqP
Brief description of strategies
Strategy 1 - This strategy works on the principle of Hour Candle Level Breakout. So it is a classic breakout strategy. But the decision to enter into a trade is filtered by a neural network. Not always when the daily level is broken, the Expert will enter into a trade; the neural network makes the final decision.
Strategy 2 - This strategy is a pure neural network in which trading patterns are embedded, mainly trending ones. All decisions about entering a trade work on the principle of finding and evaluating a pattern with confirmation.
Strategy 3 - This strategy is a pure neural network as well as Str2, in which trading patterns are embedded, mainly Mean Reversal channel trading patterns. All decisions about entering a trade work on the principle of finding and evaluating a pattern with confirmation.
Strategy 4 and 5 - This is also a breakout strategies but it works on the ZigZag indicator. Just like the first strategy, Its filter the trades using a neural network.
Regarding the use of strategies - The first strategy has shown itself to be quite good, so the risk for it may be somewhat higher than for the other strategies. Strategy 2 and 3, this is an experimental strategies based on pure neural networks. It needs some testing, so perhaps it makes sense to reduce the risks to a minimum or even run the second third strategy on a separate account for now, temporarily. Strategy 4 and 5 has shown itself to be quite good, and can be used with moderate risk and high risk.
How to use and configure
Using an expert is as simple as possible you just need to open a Gold Chart (XAUUSD) on a one hour time frame(H1) and attach expert.
Then select risk per trade (attention by default the risk is high and is 20% per trade). It is better to choose a value in the range from 1 to 10.
Then select the strategies you want the Expert to trade. By default all five strategies are enabled at the same time. But you can select each strategy separately, select several you like best, or still use all at once.
You can download all actual settings either at the bottom of this page there is an ZIP archive or by this comment:
Settings MT4 >>> https://www.mql5.com/en/market/product/125971#!tab=comments&page=1&comment=55218353
Settings MT5 >>> https://www.mql5.com/en/market/product/125004#!tab=comments&page=2&comment=55209388
If you have any questions, you can always contact me personally >>> https://www.mql5.com/en/users/skvirtand96
Parameters Description
Risk % Strategy 1(2,3,4,5) - Risk in percentage on deposit for Strategy 1
Strategy 1(2,3,4,5) - Enable or Disable Strategy number one (by default enabled)
TakeProfit Strategy - take profit value
StopLoss Strategy - stop loss value
Trailing Stop - Enables or disables the trailing stop function.
Trailing Start - Sets the number of pips the price must move from the opening price for the trailing stop loss to activate.
Trailing From - Determines how many points from the opening price the trailing stop loss will begin.
Trailing Step - Specifies the incremental step, in points, for the trailing stop.
Comments for Strategy - comments on strategy
Use Fix Lot - Enable or disable the use of a fixed trading Lot
Fix Lot - Fixed Trading Lot Size
Recovery - (OFF by default) enable/disable Recovery function ( The Recovery function works on the principle of increasing the trading volume after a losing trade, after the loss is fully recovered, the trading volume (lots) returns to the original risk levels.
Recovery Coefficient - the Recovery coefficient refers to the Recovery function with this option you can set the coefficient by how much to increase the trading volume after a losing trade, work only with the Recovery function enabled
FTMO - Automatic risk calculation for Prop firms, FTMO and other challenges
Magic Number - Magic number (Trades identifier)
Visual Panel - turn on/off trading panel
Hidden TP and SL - (OFF by default) >>> this functions closes trades with a Market Order and Not Limit Order >>> Incompatible with Recovery mode
News Filter - to enable the news filter you need to enable the option USE NEWS FILTER set it to True! (Marked yellow)
For MT4 terminal please add this link in Metatrader 4 terminal settings https://sslecal2.forexprostools.com/
Contact Author >>>>> https://www.mql5.com/en/users/skvirtand96
Follow news on Telegram >>>>>> https://t.me/forexImperiumX
SETTINGS FOR MT5 and MT4 for NEW VERSION