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GrayRock

The Expert Advisor recommended for trade on GBPUSD M15. It is based on defining micro-trends. The robot calculates the market entry/exit points based on 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 uses an efficient trailing, which automatically adjusts the take profit and stop loss parameters to minimize losses. It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced features for managing news releases.


Parameters

  • StopAfterNews - a pause after the market news release, in minutes.
  • StopBeforeNews - a pause before the market news release, in minutes.
  • LightNewsEnabke - enable the pause for low-impact news.
  • MediumNewsEnable - enable the pause for medium-impact news.
  • HardNewsEnable - enable the pause for high-impact news.
  • GMT_Offset - your broker's time zone.
  • NewsCurrency - a comma separated list of currencies for which you want to receive news.
  • NewsLines - show time of news releases on a chart as lines.
  • FixedLot - fixed lot size.
  • AutoMM - risk limit (as a percentage).
  • MaxSpread - maximum spread, above which the trading is suspended.
  • MagicNumber - any unique number that distinguishes this EA.


Reviews 6
Kevan
121
Kevan 2019.11.01 09:08 
 

I'm not very experienced in trading and the more I learn the more it confuses me so it's amazing to find an EA like GrayRock that has made consistent profits on the GBP/USD currency pair within the first week! I have tried SO many EA's and almost all have been disappointing. Great piece of code. Keep up the good work!

tradingmybot
87
tradingmybot 2019.10.02 19:43 
 

Perfect till now!!!

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Filter:
THOMAS FREY
439
THOMAS FREY 2020.04.16 18:16 
 

The Expert Advisor generates only small profits but large losses. Within a few days 18% loss of portfolio with the default settings. Only good in backtesting, in real trading it fails.

Maybe the robot is better in other market situations, but at the moment: not recommendable!

Kevan
121
Kevan 2019.11.01 09:08 
 

I'm not very experienced in trading and the more I learn the more it confuses me so it's amazing to find an EA like GrayRock that has made consistent profits on the GBP/USD currency pair within the first week! I have tried SO many EA's and almost all have been disappointing. Great piece of code. Keep up the good work!

tradingmybot
87
tradingmybot 2019.10.02 19:43 
 

Perfect till now!!!

Mauro Giuseppe Tondo
1686
Mauro Giuseppe Tondo 2018.06.06 00:05 
 

User didn't leave any comment to the rating

[Deleted] 2018.03.02 19:44 
 

User didn't leave any comment to the rating

Istvan Pentek
737
Istvan Pentek 2018.02.04 12:54 
 

User didn't leave any comment to the rating

Reply to review
Version 1.16 2021.07.18
Added MFI-filter for increasing stability of trading.
Version 1.15 2020.12.04
Increased trading stability.
Version 1.14 2020.10.08
Updated interface.
Version 1.13 2020.07.25
Code of used indicators included into EA.
Version 1.12 2020.03.30
Increased frequency of trading.
Version 1.11 2020.01.07
Increased frequency of trading.
Version 1.10 2019.11.16
Increased frequency of trading.
Version 1.9 2019.07.30
Updated scalping algorithm.
Version 1.8 2019.05.01
Used stop- and limit-orders in scalping mode.
Version 1.7 2018.12.05
Updated hedging system.
Version 1.6 2018.10.06
Increased Recovery-factor.
Version 1.5 2018.07.31
Добавлена расширенная функциональность учета рыночных новостей.
Version 1.4 2018.06.20
Updated the algorithms for entering and exiting the market.
Version 1.3 2018.01.10
Significantly improved the algorithms for entering and exiting the market.
Version 1.2 2017.10.25
Added more efficient algorithms for entering and exiting the market, increased the stability of the EA.