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Genesis Trade

Background

  • It only needs a small initial deposit.
  • Immunity to the large delay and the size of the spread.

‌Monitoring of my accounts: https://www.mql5.com/en/signals/author/mizrael


Operation Principle

  • The EA opens orders at modifiable Fibonacci levels.
  • Each subsequent order is opened at a new Fibonacci levels with a volume increased Martingale times.
  • The EA determines the total profit of orders with the same Magic number. If it exceeds the value of Profit, then the orders are closed.


Recommendations

  • The EA is recommended for simultaneous use on multiple pairs. To do this, drag the EA to the window of the desired instrument and assign a new magic number (Magic).
  • It is recommended to start trading with Martingale = 1.5. The volume of each subsequent order will be 1.5 times greater than the previous one.


Parameters

  • Profit - total profit value of orders with the same magic number, at which the orders are closed.
  • Step - the minimum distance between the orders with the same magic number.
  • Lot - order volume.
  • Martingale - lot multiplier.
  • Magic - order magic number.


Recommended settings values

  • Profit = 10;
  • Step = 0.0015 for four- and five-digit pairs. Important! Step = 0.15 for two and three-digit pairs (for example: XAGUSD, XAUUSD) or the ones having JPY (for example: GBPJPY, EURJPY).
  • Lot = 0.01;
  • Martingale = 1.5;
  • Magic = 1.
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