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IPgbpusd

3.57

Expert Advisor for trading the GBP/USD on the M5 timeframe. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically pause trading (MaxSpread parameter).


Settings

  • TakeprofitS - take profit for sell orders.
  • StoplossS - stop loss for sell orders.
  • TakeprofitL - take profit for buy orders.
  • StoplossL - stop loss for sell orders.
  • FixedLot - fixed lot size.
  • AutoMM - limit on the amount of risk (in percents).
  • MaxSpread - maximum spread, trading will be paused when exceeded.
  • MagicNumber - any unique number to identify this EA.
Reviews 7
Luigi Salvatores Buigues Morillo
998
Luigi Salvatores Buigues Morillo 2019.03.26 23:11 
 

:)

it's good, as long as it's optimized, thank you

John Brennan
967
John Brennan 2017.01.15 19:22 
 

I'm with mayamak 100%. Great EA but if you like to be careful with your trading, I have found the best settings are AutoMM = 2 and Max spread = 25 (points). Defaults setting are good for aggressive traders. Even so, drawdown still not to bad. Also, use low spread broker i.e. ICMarkets, Activtrades or Tickmill.

Radd Stefford
248
Radd Stefford 2016.12.29 02:02 
 

EA trades good has little draw down but always closing in profit.

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ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 4.00 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
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Smart Funded EA is an expert advisor designed to pass the HFT challenges of prop firms that allow its use. Do I need to back-test? You do not need to backtest, and demo servers that you backtest will not give the real results since HFT prop firms servers and symbols are specially designed friendly with HFT bots. Samart Funded HFT has a hundred percent success rate so do not waste your time back testing. You can test the EA with your   HFT challenge account with 0.01 lots if you still want to tes
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The Expert Advisor for trading AUD/USD M5. It is based on the strategy of microtrend detection, market entry (and exit) points are calculated based on the correlation of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It uses an efficient trailing, which autom
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The EA is recommended for trading AUDUSD timeframe M5 or M15. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also hav
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The EA is recommended for trading GBPUSD M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced feature
This EA is recommended for trading BTC/USD timeframes M15 or M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators, included into EA, also used market news pausing. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It also has advanced features for managing news releases. Parameters StopAfterNews - a
This EA is recommended for trading ETH/USD timeframes M15 or M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators, included into EA, also used market news pausing. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It also has advanced features for managing news releases. Parameters MaxSpread - maxim
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patrickdrew
1115
patrickdrew 2023.09.25 16:42 
 

Absolute CRAP!! 48 hours live and no trades (ON M5?!?!) Also tried to contact author for 1 week.... nothing. He never replies... :-(

Luigi Salvatores Buigues Morillo
998
Luigi Salvatores Buigues Morillo 2019.03.26 23:11 
 

:)

it's good, as long as it's optimized, thank you

Randolph71
461
Randolph71 2017.05.30 11:12 
 

Stay away from this EA makes only small profits and huge losses .... not advised. Or idea use it with reverse operations. You have been warned.

John Brennan
967
John Brennan 2017.01.15 19:22 
 

I'm with mayamak 100%. Great EA but if you like to be careful with your trading, I have found the best settings are AutoMM = 2 and Max spread = 25 (points). Defaults setting are good for aggressive traders. Even so, drawdown still not to bad. Also, use low spread broker i.e. ICMarkets, Activtrades or Tickmill.

Radd Stefford
248
Radd Stefford 2016.12.29 02:02 
 

EA trades good has little draw down but always closing in profit.

Edward Febbraio
466
Edward Febbraio 2016.12.16 13:54 
 

EA's doing ok for now - have some drawdowns running. Will update as we go - interested to see how this will work out in the longterm - if things work well the stars will go up. For now, make sure you read the description and comments pages very carefully - I initially misunderstood how the stops function worked on this EA. Author has now clarified.

mayamak
809
mayamak 2016.12.11 18:03 
 

I dont know how, I don't know why but it's the best EA that I ever bought. Worth every money! One month on real accounts - ICMarkets (ECN), LMAX (MTF) and AdmiralMarkets (NDD). On all of them this EA is VERY PROFITABLE!

edit: Tip for safe trading with this EA. To reduce risk and drawdown set AutoMM to some low value like 1 or max 4.

Reply to review
Version 1.6 2017.07.21
Added extended support for 5-digit brokers to enter/exit the market more accurately.
Version 1.5 2017.05.24
Added the ability to pause trading on Fridays for a more flexible and stable trading.
Version 1.4 2017.05.12
Added ability to respond to market news reducing risks (add "http://ec.forexprostools.com" to WebRequest).
Version 1.3 2017.04.26
Added the "smart-hedging" algorithm, which allows trading BUY and SELL orders simultaneously, and which increases the profitability and stability.
Version 1.2 2016.11.01
Increased profitability (30% up), added new efficient trailing algorithm, which automatically modifies takeprofit and stoploss and thereby can increase profit and minimizing losses.