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Falcon GBPUSD

5

The Falcon GBPUSD Expert Advisor is designed for conservative trading. It trades during the Asian session. It opens a small number of orders. It uses signals from multiple technical indicators to make entries. If at least one parameter does not match, an order is not opened. The trades are closed primarily based on multiple trade filters, therefore, the stop loss and take profit rarely trigger. It is recommended to use this EA on the GBPUSD pair, for which it was developed originally. It is also recommended to use the EA on ECN accounts, and to use the default settings. For convenience, the EA uses an information panel, which can be disabled in the settings, if necessary (see the video). When testing at the weekend, pay attention to the spread in the strategy tester. Do not use the current spread, as spread values are greatly increased during the weekends, and this EA is sensitive to the spread size. Use this Expert Advisor together with other EAs of the Falcon series, which will be available in the near future.


Advantages

  • No hedging;
  • No grid, martingale or arbitrage;
  • Automatic calculation of the traded lot sizes.


Requirements

  • Instruments: GBPUSD;
  • Timeframe: М15;
  • Deposit: $100 or higher;
  • Account type: ECN;
  • Use VPS.


Parameters

  • MagicNumber - magic number;
  • Comment - order comment;
  • Lot - fixed lot size;
  • Auto risk - automated lot calculation. Percent of used deposit;
  • Maximum spread - maximum allowable spread;
  • Slippage - allowed slippage value;
  • Stop Loss - stop loss level;
  • Take Profit - take profit level;
  • Show - show/hide the information panel, true/false;
  • Color - color of the information panel;
  • traded on MONDAY? - configure trading on this day. Yes - enabled, no - disabled;
  • monday_open - trading start time;
  • monday_pause_start - pause start time;
  • monday_pause_stop - pause end time;
  • monday_close - trading end time;
  • traded on TUESDAY? - configure trading on this day. Yes - enabled, no - disabled;
  • tuesday_open - trading start time;
  • tuesday_pause_start - pause start time;
  • tuesday_pause_stop - pause end time;
  • tuesday_close - trading end time;
  • traded on WEDNESDAY? - configure trading on this day. Yes - enabled, no - disabled;
  • wednesday_open - trading start time;
  • wednesday_pause_start - pause start time;
  • wednesday_pause_stop - pause end time;
  • traded on THURSDAY? - configure trading on this day. Yes - enabled, no - disabled;
  • thursday_open - trading start time;
  • thursday_pause_start - pause start time;
  • thursday_pause_stop - pause end time;
  • thursday_close - trading end time;
  • traded on FRIDAY? - configure trading on this day. Yes - enabled, no - disabled;
  • friday_open - trading start time;
  • friday_pause_start - pause start time;
  • friday_pause_stop - pause end time;
  • friday_close - trading end time.
Reviews 2
Xi Lu
385
Xi Lu 2017.02.22 12:51 
 

期待实盘效果,回测还可以,可以卖100USD

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Lo Thi Mai Loan
5 (6)
Launch promo! Only 2 copies left at current price! Next price: 1533 $ Final price: 1993$ Buy US30 Scalper and you could get Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I
TrendMaster FX MT4
Chen Jia Qi
4.88 (16)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
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Thi Thu Ha Hoang
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
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Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
AW Classic MACD EA
AW Trading Software Limited
3.67 (3)
Fully automated trading system. A classic indicator is used as signals   MACD , which combines a trend indicator with an oscillator to detect entry points. Uses averaging, the function of closing the first and last basket orders and the function of automatic lot calculation. Has an advanced dashboard and three types of notifications. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefits: Fully automated trading system Easy setup and intuitive panel interface
Diamond PRO
Fanur Galamov
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Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
EA Top G
Mohamed Hassan
5 (10)
Current price of $50 for 7  more copies! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
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Andres Ngi
140
Andres Ngi 2022.06.24 04:48 
 

User didn't leave any comment to the rating

Xi Lu
385
Xi Lu 2017.02.22 12:51 
 

期待实盘效果,回测还可以,可以卖100USD

Reply to review
Version 1.1 2017.06.30
Added filter for trading by time, it is also possible to select the trading days.
Added icon.