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EA EMAGIC

[EA] EMAGIC is a MetaTrader (MT4) Expert Advisor designed for use with two basic currency pairs EUR/USD and GBP/USD. With individual settings, it can work very well on other currency pairs as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions.

  • It is based on standard MT4 indicators "EMA" and "Stochastic Oscillator".
  • The strategy is working on Timeframe M5 only.
  • It is very easy to set up and supervise.

[EA] EMAGIC has a set of unique features:

  • It can be individually adjusted to work on other currency pairs of your choice.
  • It has implemented money management and risk management settings.
  • Additional functions to test the response during different market situations.

This EA is fully automatic, we recommend to monitor it though. In other words, you can simply switch it ON and let it run, but you should always supervise it. The market is unpredictable and no fully automated system can handle unexpected market behavior, especially situations when macro-economic data are released.

The EA should be set to work from 9:00 to 16:00 CET (FRANKFURT), which means since LONDON session start till the second hour of NEW YORK session, where 14:30 CET is the usual time when the U.S. macro-economic data are being released.


Backtesting

The Expert Advisor is delivered in default "factory" settings, which are set to work on the two basic currency pairs EUR/USD and GBP/USD. Please be aware, that testing any system on historic data will never give you solid information about how it will work in real live market conditions. We do not comment any backtest results.


Input parameters

  • EnableMM - enable MMRisk function
  • MMRisk - risking set percentage of the account's equity
  • FixedLot - fixed position size
  • StopLoss - fixed Stop Loss value
  • TPOnSLRatio - SL (x) this multiplicator = TP value
  • TrailStop - SL (x) this multiplicator = Trailing Stop
  • SoundAlert - to enable sound alert for "position-open"
  • SoundName - the sound file to use as sound alert
  • PushAlert - to enable the Push Alerts
  • EmailAlert - to enable the Emai Alerts
  • AllowMultipleSignal - to enable multiple signals
  • MinTimeGap - minimum time in between 2 signals
  • PositionLimit - maximum number of opened positions
  • OpenReverse - the EA will open reversed position
  • OpenHedge - the EA will open 2 hedged positions
  • SetSLTPOnEntry - SL and TP will be set automatically
  • ProfitReached - if position reaches certain profit, then:
  • ProfitLocked - move the SL to minimum profit
  • MaPeriod - internal MA indicator settings
  • MaMethod - internal MA indicator settings
  • MaShift - internal MA indicator settings
  • MaAppleid - internal MA indicator settings
  • MinMADistance - minimum distance from the MA to open
  • MaxMADistance - maximum distance from the MA to open
  • StochKPeriod - internal Stochastic indicator settings
  • StochDPeriod - internal Stochastic indicator settings
  • StochSlowing - internal Stochastic indicator settings
  • StochMethod - internal Stochastic indicator settings
  • StochPrice - internal Stochastic indicator settings
  • TimeFilter - limit the time period when EA works
  • StartHour - internal PC clock - start hour
  • StopHour - internal PC clock - end hour
  • MagicNumber - change this number to any.
  • TradeComment - change the text to anything.


If you already purchased the product

Please write a private message to us, we will send the USER's MANUAL with description of the functions, also will give you recommendations on how to trade live, etc.


Author

Antonin Skaryd, private investor and market analyst, software developer and founder of the FUTURE ENTERPRISE company.

[EA] EMAGIC is fully functional and exact mechanical trading strategy with no place for emotions or non-systematic trading approaches or random trader's behavior. It has an exact entry point and an exact exit point.

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Forex Workstation is a powerful and efficient bot for trading on the Forex market. It is designed to use patterns, price delay levels, volatility analysis and market scaling. This bot provides unique opportunities for automated trading and optimization of strategies on various currency pairs. Let's look at the features and settings of Forex Workstation: Peculiarities: Multi-currency : Forex Workstation supports a wide range of currency pairs for trading, which allows you to diversify your por
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Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
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Hi I'm   NESCO / - I am a fully automatic robot expert and independently analyze the market and make trading decisions. Some of my functions are written using   GPT-4_COPILOT   and optimized by the   MQL5_CLOUD_NETWORK . I have my own server for getting financial events in the world. I can work for you 24/5 without your intervention and notify you with a message on the phone If your attention is needed; My main feature is the methodology of data flow analysis, which allows me to simultaneously
Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal | Setfile :  Download here  | MT5 version | Backtest Report   |   Broker Spread Comparison SET UP Symbol :  
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Version 1.10 2020.04.03
This is the 2020 compilation of the original product, which has proved to be effective in 2015 as well as in 2020.