Quincy EA

5

My aim is to design an EA that trades with the trend and not against it like most EA.

Quincy EA uses a grid to open long/short in the direction of movement catching small profits immediately and closing trades. This will only work if you have a good low spread chart and preferably trending pair.

See its potential: https://www.mql5.com/en/signals/316939


How It Works

Quincy EA will open trades in a grid format with a long or short trade depending on the direction of the particular market. It does not use any indicators but relies on mathematics to close a large number of small profits. Once the overall profit of all trades open hits the specified 'Take profit', it will close all trades.

Quincy EA has a built-in safety mechanism that will close trades earlier if there are too many opened, this is refered to as 'Emergency Mode' and can be customized via the Parameters accordingly.

Note:

  • This EA will open and close hundreds of trades per day. You can trade multi-currency pairs. However, be aware of your brokers 'Maximum open trades'.
  • This EA should be run 24/5 for the best results.


Parameters

  1. Magic Number - for use of multi-currency traders
  2. Take Profit - default pips to close all trades
  3. Lot Size - default lot size
  4. Step - step on a grid before opening another trade
  5. Step Opposite - step before opening a trade in the opposite direction
  6. Emergency mode after - number of trades open to trigger 'Emergency mode' with Reduced TP
  7. Emergency mode TP - take profit when too many trades are open (use a negative value)
  8. Auto random 1st order - enable this, so the robot can start trading, later versions might have new entry options added

Safety Rules

  • Use trending currency pairs with low spread
  • ECN account only
  • Preferably tiny spread
  • Due to the nature of the EA, there is no Stop-out. However, as it hedges its position, there is plenty of time to exit manually
  • Contact me if you need help
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Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
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AvanteGarde Grid
Metin Hussein
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Avantgarde: Grid This Expert advisor uses simple and robust grid method to place trades. simple and easy to use. https://www.mql5.com/en/signals/534678 How It Works: The EA does not use indicators but uses a math based solution to price-action. The EA will perform the same trades in any timeframe. Avantgarde Grid is equipped with money management, Autolot and DD close trade. Take care when setting the <step> as it will alter the aggressiveness. The Greater the step the less risk. Parameters Buy
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