Market / MetaTrader 4 / Experts /

Gegatrade Pro

500 USD

Demo downloaded: 13 369

Published: 29 March 2016

Current version: 5.9

Gegatrade Pro

4.67

Experts
David Zouein
Version: 5.9
Updated: 6 July 2018
Activations: 5

Gegatrade Pro EA is a Cost Averaging System with a Sophisticated Algorithm.

It is secured by a built-in “News WatchDog” system that suspends trading during news events.

Trading Strategy

Gegatrade Pro EA is based on the fact that most of the time the price usually moves between the upper and lower boundaries of the trading channel.

Basing on this fact, Gegatrade Pro places its first trade, assuming that the price is going to return to its average value and take the profit which is defined.

If the price leaves the trading channel and continues further in this direction, then Gegatrade Pro starts its “cost-averaging strategy” which will add new trades from the same direction based on its Mathematical Algorithm and increase the overall position.

When a pull-back of the price occurs, Gegatrade Pro closes the whole basket of orders.

It is advised to use Low spread ECN brokers with a starting balance of 3000.

For full description: https://www.mql5.com/en/blogs/post/677491

Parameters

UseTrailingStop — Enable or Disable the use of trailing
TrailingStart — the points at which trailing will start
TrailingStep — steps to trail in points
TrailingRoom — the points allowed before closing the trailing
Use Support Resistance Long — Use Support and Resistance Levels for Long direction
SR Support Resistance Long Period — The TimeFrame used for Support/Resistance Long direction
Min SR Distance Long — Minimum distance (in pips) between Support/Resistance Levels for Long direction
Start SR Long at Level — The level at which Support and resistance leveling starts for Long direction
Use Support Resistance Short — Use Support and Resistance Levels for Short direction
SR Support Resistance Long Period — The TimeFrame used for Support/Resistance Short direction
Min SR Distance Short — Minimum distance (in pips) between Support/Resistance Levels for Short direction
Start SR Short at Level — The level at which Support and resistance leveling starts for Short direction
EAWorkMode — switch between BacktestMode or LiveMode
DrawingOn — Show Past news on chart
ShowDashboard — Show Statistics on chart
ShowBalance — Show Balance on chart
GMTOffSetOfBroker — The GMT Offset between your broker and GMT time
Trade comment — a comment for trades
MagicNumber — Trades ID
MoneyManagement — FixedLot/UseMM. Use fixed lot to trade or Money management
Start Balance — The balance to use when MoneyManagement is chosen
LotSize — Lot Size
Risk — Percent of the "start balance" to use for trading
TradingDirection — The direction you wish to trade
MaxSpread — Maximum spread to allow trades (recommended 10 points or bellow)
PauseLong — Pause long trades
PauseShort — Pause short trades
MartingalePauseLong — Pause the Martingale for long direction
MartingalePauseShort — Pause the Martingale for Short direction
TakeProfitLong — Take profit for Long trades
TakeProfitShort — Take profit for Short trades
Use_SL — True/False
Stop Loss Long Percent Balance — Stop loss for long direction
Stop Loss Short Percent Balance — Stop loss for Short direction
Short Minimum Distance level 1 till 10 — The minimum distance in pips between levels
Long Minimum Distance level 1 till 10 — The minimum distance in pips between levels
List of symbols for news filter — Currency Symbols to choose for filtering the news Example: USD,EUR,GBP,CHF
Show lines for news in the past — Show old news on chart
Pause Long or Short before an importance News — Each of the 12 pause inputs will pause number of minutes before or after a News Event
PauseAfterLevel — Pause trading after a certain level
PauseLongAtLevel — level to pause at for Long Trades
PauseShortAtLevel — level to pause at for Short Trades
DrawdownInCash — amount that you wish to receive Push Notification when it is reached
SendPushNotificationOnDD — send Push Notification about your DrawDown
SendPopupAlertOnDD — Alert from your MetaTrader 4 about your drawdown
StartTradingInMondayTime — Time to start trading on Mondays
EndTradingInFridayTime — Time to stop trading on Fridays
PauseBasketOnNews — This will pause adding more trades when News event is active
MinBarDistanceLong — minimum bars to allow a long level
MinBarDistanceShort — minimum bars to allow a short level
UseCounterTrades — Use Hedge yes/no

Counter trades (Hedge) lot size calculates as percentage of main lot size.
Example: if initial lot is 0.10 and CTinitial lot is 0.3, then CTinitial lot will open 0.03 lot.

CTInitialTradeLotSize = 0
CTLotSize_1 = CTLotsize corresponds to percentage of each main level, there is 10 Levels to set you can define each CTLotsize with a percentage of the main Level.
Example: Main level 5 = 0.10 lot, CtLotSize_5 = 0.5, then the lot size for countertrade level 5 will be 50% from the main level 5, which is 0.05 Lot Size
StartCounterTradesFromLevel — the level at which CT will start
CounterMagicNumber — a unique number for CT trades
HedgedAveragePricePips — the average pip in profit at which CT + main basket close
UseMAfilterLong — moving average filter for long direction enable/disable
MAperiodLong — moving average period for long direction
MAlevelLong — moving average level to allow Long direction (in points)
MaLongTriggerDirection — above or below the MA to trigger a long trade
MaLongTimeFrame — Timeframe used for MA filter
UseMAfilterShort — moving average filter for short direction enable/disable
MAperiodShort — moving average period for short direction
MAlevelShort — moving average level to allow short direction (in points)
MaShortTriggerDirection — above or below the MA to trigger a short trade
MaShortTimeFrame — Timeframe used for MA filter

In order for the "News WatchDog" Feature to function, you should check box Allow WebRequest and add “http://news1.gegatrade.com” into your WebRequest URL list.

more...

793

Martin Metzler 2018.12.12 20:55 #

Great EA with steady profit and live signals from the developer!

Very good support from David!

Thumbs up and many thanks!

116

iguana007 2018.08.05 21:40 #

Really good EA !!! 5 Stars for David and Very good support

Pablo Ivan Parra Pedraza 2018.06.27 17:58 #

Excelente Ea y soporte por parte de David ,me gusta mucho todos los perfiles que uno puede usar.

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Introducing Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD (GOLD )pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal 1:

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Description. This product was created as part of a project " PULSE OF MARKET ". EA "Undefeated Triangle" is an advanced system that exploits unique fluctuation between AUD, CAD, and NZD currencies. Historically results show that these pairs used in composition always return back first moved pair after fast movement in one direction. This observation can allow us to include a grid-martingale system where can get maximum points of these unique situations. EA "Undefeated Triangle" uses only 3 pai

1 199 USD

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

2 400 USD

PROP GT Expert Advisor is specially designed for passing the Prop Firms challenge and further trading while adhering all rules and maintaining specified drawdown limits. PLEASE PAY ATTENTION BEFORE TESTING!!! Symbol: EURUSD Timeframe: М15 Model: Every tick It is important for the Expert Advisor to operate in the correct time zone, so before testing, you should correctly set the GMT parameter. How to set the GMT parameter correctly? The setting should be made at the time when the market is op

697 USD

Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and advanced technologies in neural networks, EA is capable of analyzing historical and current dat

995 USD

1.Automated trading advisor 2. The best results on the EURUSD pair, but you can also adjust the settings for any other instruments, 3.Use a timeframe from m1 to m15. 4. The Expert Advisor trades using the averaging method, smoothly and safely increasing the volume! 5. To direct the trade, the EA uses candlestick analysis. 6. The safest option, use 0.01 lots for every $1500-2000 7. To reduce risks, I advise you to change the step after 4 trades by 300 pips and after 6 trades by 500 pips 8.Co

625 USD

SIEA PRO NG is the next generation of SIEA PRO and entirely different from all previous EAs from our company. The prices shown are discounted prices for the market launch of SIEA PRO NG! Please use the SIEA PRO NG MT5 version to run a real-tick multi-symbol backtest. Key facts at a glance trades a mean reversion strategy based on 5 full years of our unique real volume data each trade comes with a fixed stop loss and take profit the average trade duration is less than 48 hours many option

799 USD

EA has live track records with low drawdown: Live signal - Best Pairs Live signal - All Pairs Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It's very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong mean-reverting tendency with high profit targets. EA enters the market with market orders from 19 to 23h, it does not open trades during rollover (0:00-1

2 400 USD

South EAst EA uses virtual trade in determining position entry and does not use indicators, and it doesn't require complicated settings because user just needs to upload the already available setfile. Currently there are setfiles for more than 20 fx pairs and 2 setfile for GOLD and SILVER IMPORTANT! for a full support and to get instructions on how to set up, pls leave a message on comment tab after making a purchase Signals: here | MT5 version : here Needs: + VPS with good internet con

600 USD

Breaking News Expert Advisor is a state-of-the-art news trading system. The EA analyzes the market during the most critical news announcement periods and determines the entry levels based on the finding of price fluctuations during that periods. The direction of the trade is determined by the EA's clever adaptive system. The unique clever way the EA auto-manages your trades cuts drawdowns to the minimum enabling you to start with a low balance like $50. The EA has a minimum set of inputs for sim

500 USD

Gegatrend EA is a cost averaging system with a sophisticated algorithm. It is secured by a built-in “ News WatchDog ” that suspends trading during news events. For full description: https://www.mql5.com/en/blogs/post/711269 Watch how it works: https://youtu.be/j17AR3uq6yI Parameters SR timeframe long — timeframe for support/resistance leveling long direction. SR distance long — minimum distance in pips between long trades. SR level long — the number of trades to start using SR levels for long

500 USD

Gegatrade Advanced EA is a state of the art Cost Averaging system It is secured by a built-in “ News WatchDog ” that suspends trading during news events the EA has lot of preset configuration files that can be downloaded from its Blog For full description visit the Blog : https://www.mql5.com/en/blogs/post/720582 Trading Strategy The EA uses different strategy to each pre-set file which can all be downloaded from the Blog Gegatrade Advanced is open for the user to define his own

400 USD

Filter:

528

m4xwe1188 2020.01.13 12:50 #

The EA hasn't taken any trades for a long time. Anyone else having this issue? GMT offset is correct. But it's just not taking positions after months. No response from David. Will update review if the problem is solved.

793

Martin Metzler 2018.12.12 20:55 #

Great EA with steady profit and live signals from the developer!

Very good support from David!

Thumbs up and many thanks!

520

patagoniax 2018.10.31 10:09 #

It does not take any position other than AUDNZD.

What?

We are using all the set files distributed.

I will update my rating once this problem is resolved.

422

Yongqiang Chao 2018.09.28 17:53 #

All Martin's EA will explode sooner or later. And this EA is selling too expensive.

116

iguana007 2018.08.05 21:40 #

Really good EA !!! 5 Stars for David and Very good support

Pablo Ivan Parra Pedraza 2018.06.27 17:58 #

Excelente Ea y soporte por parte de David ,me gusta mucho todos los perfiles que uno puede usar.

519

Ghero 2018.05.08 10:26 #

I have tested Gegatrade extensively for a month both on Demo and Real account and using multipair. It's a very good and profitable EA. If you pay attention when price is strongly trending and you have a proper money managment, you will have for sure satisfactions. In my humble opinion, his last setfile, USDSGD, is near to the state of art. Thank you David

240

Khairi Jaafar 2018.04.13 03:22 #

Great EA. You need to have proper money management as mentioned by David. Recommended!

428

hammiebal 2018.04.04 16:12 #

After 3 months still great support from David. If you follow his rules and watch the big news changes you will be fine :-)

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22-12-2017 Still one of the best EA's arround. If you stick to your smart money management plan it can be very profitable.

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4-4-2018 I had some problems with my MT4 and David fixed it, I love the M15 trail EURUSD, M5 EURUSD (aggressive) and the M5 EURCHF setfiles

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29-8-2018 Still happy with Gegatrade. I am not using AUDUSD and USDSGD anymore (need some tweaking) All other setfiles are doing great for me. I am using icmarkets ecn for fast execution and small spreads

2810

Serafin Perez 2018.03.22 17:12 #

Lo más grande de este ea, aparte de su rentabilidad, es que perdura en el tiempo. Ha llegado a ser y es todo un clásico, pero lo mejor es que cada actualización se presenta como un producto nuevo y mejor si cabe que el anterior. La gran sorpresa y la honradez que deja el autor, es que este producto sigue unas pautas de mejora que nadie es capaz de mejorar en el contexto. Me explico, hay autores que lanzan el producto y más adelante lo abandonan pero sacan un producto con otro nombre que bien podría ser una continuidad del mismo; en este caso esto no pasa aquí, en Gegatrade se sigue una línea en el tiempo de mejora que invita a tenerlo en Metatrader porque es un producto que brilla y su autor sabe como hacerlo brillar. Es un producto sorprendente si sigues las pautas de su autor que ha dejado escritas en su admirable blog.

Getrade es sorprendente y según pasa el tiempo no se degrada.

Pienso que es el mejor EA que tengo sin excepción.

Número UNO.

(Soy incapaz de decir nada malo de Gegatrade y sin embargo a veces pienso que debería de dejarlo para mi intimidad. Me sigue sorprendiendo día tras día y creo que debo compartirlo.)

HamidKouidri 2018.03.06 19:36 #

I have purchased the EA the beginning of this week and I am running it on few Demo's. Testing few set files provided in the blog and so far so good. David was very quick in helping me through TeamViewer when I had a problem with the news feed. I will update the end of the month.

740

Felixu 2018.02.21 23:32 #

I can vouch for consistent performance over the past 1 year. Excellent support from the vendor.

Highly recommended. After 10 years of forex trading, mostly with robots, this is the first one I have seen that has stood the test of time and is realistically priced.

Keep up the good work David!!!!

ropeganika 2018.01.05 10:33 #

Best EA i bought

2498

Wei Hu 2017.11.30 15:51 #

testing

2179

Hongjun Yu 2017.11.03 11:42 #

很好用的ea，持续盈利中，交流QQ14186728（gega）

193

Wai Julia Cheung 2017.11.03 03:04 #

Good EA

High profit

Low MDD

Nice Guy

5 Stars x 20

213

Trader211 2017.09.02 05:19 #

Works well :)

[Deleted] 2017.08.26 01:08 #

User didn't leave any comment to the rating

248

Fengbiao Dong 2017.08.23 07:44 #

刚买入正在测试中

370

tomvanosselaer 2017.07.11 16:17 #

Verry nice ea Whit contineu profit every day nice profits!

thanks for the EA!

1 2 3 4 5 6

Version 5.9 2018.07.06

Added past news till June 2018
Changed set files

Version 5.8 2018.03.29

Added Past News events for April 2018
Fixed Blinking News lines on the chart

Version 5.7 2018.03.23

Added Past News Events until March 2018.
Now past News Events built into the EA are from January 2015 until March 2018 for all Major Pairs.
New set files can be found under the Blog:
https://www.mql5.com/en/blogs/post/677491

Version 5.6 2018.03.06

Fixed flickering of News lines on the chart.
a small glitch that does not affect trading.

Version 5.5 2018.02.09

Added Past News events till January 2018
Added Trailing Capability
Optimized the code

Version 5.4 2017.10.04

Fixed counter trades
Added past news for September 2017

Version 5.3 2017.09.21

Fixed Stop Loss when using Hedge
Added Past history till August 2017
fixed Money Management to work with Hedge

Version 5.2 2017.07.14

Added Hedging
Added Past news till June 2017
Added Moving Average Filter
for details visit https://www.mql5.com/en/blogs/post/677491

Version 5.1 2017.05.17

Added past news till April 2017

Version 5.0 2017.03.09

For detailed description visit the Blog https://www.mql5.com/en/blogs/post/677491

1-Added Leveling based on Resistance and Support
This opens up trading to wide number of pairs

Added past News from 2015 till 2017 Jan
Added Stop loss for each direction seperatly based on % account balance
Added show Take Profit Line
Changed the WebRequest Address
Tuned the Algorithm

Version 4.8 2016.11.18

Past News updated till October 2016

Version 4.6 2016.09.05

Dashboard error fixed

Version 4.5 2016.09.02

1. Opened the code, so that users can set the distance to each martingale level differently
2. Added function to limit the martingale during slow trends
3. Updated the past news to cover July 2016

More details: https://www.mql5.com/en/blogs/post/677491

Version 4.0 2016.08.10

Fixed news download error for users with bad Internet

Version 3.9 2016.07.18

News Download Error Fixed

Version 3.8 2016.06.22

StartTradingInMondayTime - start trading at any time you define after market opens on Mondays (broker time)
EndTradingInFridayTime - ends trading at the time defined before market closes on Fridays (broker time)
Updated the past news till June 9

Version 3.7 2016.06.03

- Added Time to trade filter
- Injected past news inside the EA from January 2015 till May 2016

Version 3.5 2016.05.11

1 - Past News from January 2015 till February 2016 Injected into the EA
2 - Each Direction can be configured differently to pause at the News Events
3 - "PauseAfterLevel" This function lets you pause the EA when it reach a curtain level of its Martingale.
Increase the number and EA continue where it left.
4 - SendPushNotificationOnDD send Push Notification about your DrawDown.
5 - "DrawDownInCash" amount that you wish to receive Push Notification when it is reached

Version 2.55 2016.04.22

Stop Loss small Bug Fixed.

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Reliability and usability
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