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Gradale MT4

499 USD

Demo downloaded: 5

Published: 30 December 2024

Current version: 1.0

Gradale MT4

Experts
Justine Kelechi Ekweh
Version: 1.0
Activations: 5

Overview

The Gradale EA is a sophisticated Expert Advisor designed for traders who prefer a strategy based purely on price action and trend momentum. Developed over seven years of meticulous fine-tuning, this EA delivers optimal performance, particularly in high-volatility currency pairs like GBP/JPY. Extensively tested and optimized for the M5 (5-minute) timeframe, the Gradale EA offers robust and dynamic trading capabilities.

Key Highlights

Dynamic Lot Sizing: Adjusts lot size based on account balance and market volatility.
Risk Management: Incorporates stop loss, take profit, and maximum risk controls to minimize exposure.
Trading Hour Restrictions: Allows trading only during specified hours to avoid volatile or illiquid periods.
Proven Performance: Backtested on GBP/JPY, EUR/JPY, and USD/JPY pairs with excellent results.
Customizable Parameters: Offers full customization to match individual trading styles and preferences.

Default Strategy and Bonus Strategy

Default Strategy: Set to false by default. After downloading, set the Bonus strategy to false and the Default strategy (main strategy) to true . The Default strategy is optimized for achieving the results shown in the videos and test reports.
Bonus Strategy: Set to true by default. Turn it off unless you have the expertise to find and apply optimal settings for this strategy or identify a currency pair that suits it. This strategy was included to comply with MQL5 rules.

Important: Each currency pair exhibits unique trading behavior. This is why we Optimized strategies for each pair to achieve the best results.

Input Parameters

1. General Settings

InitialLotSize: Defines the starting lot size. Adjust according to account size and risk tolerance.
MagicNumber: A unique identifier to differentiate EA trades from manual trades or other EAs.

2. Risk Management

StopLoss/TakeProfit: Define trade exit points in points, balancing risk and reward.
MaxRisk: Sets the maximum percentage of account balance risked per trade.

3. Trading Hours Restriction

StartTime/EndTime: Specify restricted trading hours using the "HH:MM" format.
- Example: To restrict trading from 8:00 PM to 4:00 AM, set StartTime = "20:00" and EndTime = "04:00" .
RestrictedTime:
- True : EA avoids trading during specified hours.
- False : No trading restrictions.

4. Dynamic Lot Sizing

LotSizeByBalance: Enables dynamic adjustment of lot size.
- True : Calculates lot size as a percentage of account balance, considering market volatility via the Average True Range (ATR) indicator.
- False : Uses a fixed lot size based on InitialLotSize .
LotByBalanceIn: Percentage of account balance used for calculating lot size.
MinLotSize/MaxLotSize: Safety limits to prevent excessively large or small trades.

Example Configurations

Dynamic Lot Sizing Enabled:
- Set LotByBalanceIn = 2% and enable LotSizeByBalance .
- EA dynamically calculates lot size as 2% of the balance, adapting to market volatility.
Fixed Lot Size:
- Set InitialLotSize = 0.1 and disable LotSizeByBalance .
- Trades will always use a lot size of 0.1.

Recommendations

For New Traders

Use default settings on GBP/JPY with the M5 timeframe.

For Experienced Traders

Experiment with additional JPY pairs and timeframes.
Adjust parameters cautiously for optimal results.

General Advice

Always practice disciplined money management to safeguard your capital.

Test Results

MQL5 Backtest Performance

Testing Period

Duration: 2024/01/01 – 2024/12/27
Currency Pair: GBP/JPY
Recommended Timeframe: M5

Default Settings

Main strategy: True
Bonus strategy: False

Stop Loss: 455 points
Take Profit: 3000 points
Trailing Start: 200 points
Trailing Step: 220 points
Initial Deposit: $10,000

Results

JesLyn Boolean set to False : $160,000
JesLyn Boolean set to True : $202,000

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Great For Binary options. Works on all timeframes. Recommended for M5 timeframe. one candle expiry. Experienced traders can explore. Strategy is based on price action and multi timeframe analysis. Recommended During high volatility sessions, like the London and new York sessions. For the M1(One minute) timeframe, Traders can use four or five candle expiry, this means it can be applied for 4, 5 or more minutes expiry. For forex traders, I tested the indicator with the JesVersal universal EA:

500 USD

Dynamic Center of Gravity Indicator Revolutionary Price Action Trading System Harness the power of price momentum with the Dynamic Center of Gravity indicator - an advanced price action trading tool designed for serious traders. This innovative indicator identifies powerful gravity zones that attract rapid price movements, creating high-probability trading opportunities when momentum breaks free from these zones. Key Features Pure price action analysis - no lagging indicators Works effectively a

600 USD

Waterfall Trading Indicator Overview The Waterfall Trading Indicator is a powerful momentum detection tool designed to identify high-probability trading opportunities across multiple timeframes. Built on pure price action analysis, this indicator provides clear, non-repainting signals that are especially effective for binary options and forex trading. Key Features Non-Repainting Signals : Based on real-time price action, ensuring reliable trade signals Multi-Timeframe Compatibility : Effective a

200 USD

Introducing Telos Dashboard Indicator – Your Ultimate Trading Companion Optimized For Forex! Note: This is a dashboard indicator and won't work on the strategy tester, demoing it there is a waste. Instead get the main indicator or, use the demo of DynamicCOG to see how it works with arrows, although Telos is a more refined and filtered version than the DynamicCOG indicator. Never Miss a Trading Opportunity Again! Welcome to the future of trading with the Telos Dashboard Indicator ! Inspired b

1 000 USD

Jesversal Universal EA – The Ultimate Automated Trading Experience The Jesversal EA is a powerful Universal EA that can take trades from any indicator with buy and sell signal buffers. Once you know the buffer integer for the signals—most indicators assign their first buy signal with “0” and the second for sell with “1”—simply feed these values into the EA and watch it work its magic. Packed with advanced functions, Jesversal EA makes your trading look as professional as that of institutional tr

599 USD

This is a trend following system for Binary options traders and forex scalpers. It is carefully crafted and recognizes periods of very strong trends in the market and gives the trader the advantage and opportunity of riding with the momentum. It works on all timeframes and currency pairs especially high liquidity pairs. Avoid news events 15mins before and after. Always have your money management script or system in place. Tested on Deriv synthetics as well, please check screenshots. The mt4 vers

80 USD

Jesversal Universal MT5 Expert Advisor (EA) Documentation Overview Jesversal is a sophisticated Universal MetaTrader 5 Expert Advisor (EA) designed to provide advanced trading automation with multiple signal integration and sophisticated risk management strategies. Key Features 1. Multi-Indicator Signal Processing Supports up to three different indicators simultaneously Can process up to 16 different buffer signals Indicator 1 and 3 can handle up to 4 signal buffers Indicator 2 can handle up to

599 USD

Overview The Gradale EA is a sophisticated Expert Advisor designed for traders who prefer a strategy based purely on price action and trend momentum. Developed over seven years of meticulous fine-tuning, this EA delivers optimal performance, particularly in high-volatility currency pairs like GBP/JPY. Extensively tested and optimized for the M5 (5-minute) timeframe, the Gradale EA offers robust and dynamic trading capabilities. Key Highlights Dynamic Lot Sizing: Adjusts lot size based on account

599 USD

500 USD

600 USD

Overview The Waterfall Trading Indicator is a powerful momentum detection tool designed to identify high-probability trading opportunities across multiple timeframes. Built on pure price action analysis, this indicator provides clear, non-repainting signals that are especially effective for binary options and forex trading. Key Features Non-Repainting Signals : Based on real-time price action, ensuring reliable trade signals Multi-Timeframe Compatibility : Effective across all timeframes, with o

200 USD

Introducing Telos Dashboard Indicator – Your Ultimate Trading Companion Optimized For Forex! Note: This is a dashboard indicator and won't work on the strategy tester. Demoing it there is a waste. Instead get the main indicator or, use the demo of DynamicCOG to see how it works with arrows, although Telos is a more refined and filtered version than the DynamicCOG indicator. Never Miss a Trading Opportunity Again! Welcome to the future of trading with the Telos Dashboard Indicator ! Inspired

1 000 USD

MERGER EA: The Fusion of Precision and Profit Unlock the full potential of your trading with Merger. Highly optimized for GBPJPY on the M5 timeframe, use default settings adjusted timezone settings to avoid one hour before and after New York market close. The advanced MQL5 Expert Advisor built for intelligent and fast price action trading. Designed to excel especially on the GBPJPY currency pair, with proven performance on others like USDCHF, and other JPY pairs. MERGER is the definitive tool

999 USD

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