Market / MetaTrader 4 / Experts /

GoodBoy

50 USD

Demo downloaded: 108

Published: 21 August 2018

Current version: 1.90

GoodBoy

Experts
Nicolas Zouein
Version: 1.90
Updated: 16 June 2024
Activations: 5

GoodBoy EA is a new concept developed after many years of Forex trading experiences.

It uses multilevel complex algorithms and multitimeframes analysis to detect trends. It trades in the direction of a strong market impulse.

The EA is optimized with it's default settings to pass backtesting from 2011 to 5-Aug-2018 (Release date).

Please visit GoodBoy's Blog for set files and other notes.

Characteristics of the EA

FIFO compliance option.
Price averaging of same kind trades (Buys separated from Sells).
Hidden take profit and stop loss.
Trend detection.
Volatility filters.
Artificial instinct module.
Time filter.

Recommended settings

EA settings: 3 important settings should be made: Use default + SET GMT offset properly, Turn Time Filter to ON, Set Starting Blance.
Brokers: Low commission brokers are recommended.
Symbol: EURUSD (M5 chart).
Starting Balance: 3,000 USD.
MT4 Spread setting for backtest: 10 (EA works properly from 0 to 25).
Backtest Period: 2011 to 2018 (EA is optimized over this period).
Backtesting Model: You can use Open Prices Only for faster backtesting, it gives 95% the same result as EveryTick

Parameters

General Parameters:

Trade Comment: Your comment here.
Magic Number: 90222.

Trading Gatekeeper:

Enable Smart Merlin Filter: True (Recommended).
Merlin Filter Value: 97
Merlin Calibration: 66.5424
Enable Artificial Instinct: True (Recommended).
Artificial Instinct Value: 500
Instinct Calibration 1: 140
Instinct Calibration 2: 200
FIFO Compliance: False (Enable this parameter for FIFO brokers only).
Trade Direction: BothDirections (Forces the EA to trade in one direction only).
Time Filter: Yes (Allows the EA to trade according to the timer below, it is necessary to set this to YES, by default the EA has this set to No because of mql5 restriction and validation rules, you must turn the Time Filter to "Yes" or your tests will fail !!!).
GMT Offset: +3 (GMT offset between your broker's time and GMT time, very important to set it properly, please read the blog).
Start Hour: 23 (0 to 24).
Start Minute: 0 (0 to 60).
Stop Hour: 5 (0 to 24).
Stop Minute: 0 (0 to 60).
Trade on Friday?: Yes.

Lot Sizing, Take Profit and Stop Loss:

Lot Sizing Method: MoneyManagement (This determines the size of the starting lot to be either a fixed lot size or a risk % based on the balance of the account).
Fixed Lot Size: 0.01 (If FixedLot is selected, here you specify the starting trade lot size).
Starting Balance: 3000 (This parameter should be equal to your Starting Balance).
MoneyManagement Risk Percent: 0.25 (if MoneyManagement is selected here you specify the percentage of the balance to use for the starting trade lot size).
Hidden TP in PIPS: 10 (This sets the minimum Take Profit of a single trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
Hidden TP in Money: 20 (This sets the minimum Take Profit basket of the same kind trades in money, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
Hidden Basket SL in PIPS: 1000 (This sets the maximum Stop Loss basket of the same kind trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
Lot Step Short: 0.00 (This is the additional lot size for the next grid Sell trade).
Max Short Trades: 15 (Maximum number allowed of all open Sell trades).
Min Trade Distance Short: 10 (Minimum positive pips required in price change to open a next grid Sell trade).
Lot Step Long: 0.00 (This is the additional lot size for the next grid Buy trade).
Max Long Trades: 15 (Maximum number allowed of all open Buy trades).
Min Trade Distance Long: 12 (Minimum negative pips required in price change to open a next grid Buy trade).

Notification Parameters:

Send Push Notifications on DrawDown? No (If enabled sends you push notifications on your MetaTrader 4 phone app, this option requires you to have a MetaQuotes ID which you can get for free from your account settings on mql5.com).
DrawDown Threshold %: 50 (The threshold to trigger a push notification, once the account has a drawdown of -50%, a push notification is sent to you).

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TRENDALGO is an EA that uses ARTIFICIAL INTELLIGENCE to trade 100% automatically and as the name says it is a TREND FOLLOWING EA, it works well on ASSETs that are TRENDING. AI is used to identify the moment in which volumes, volatility and momentum explode, according to a proprietary equation created by me which takes these values into consideration as objective data and never uses any indicator. TRENDALGO opens a new TRADE and follows it by continuously adjusting STOP LOSS and TAKE PROFIT, f

977 USD

EA Infinity Pips HFT is a high-frequency Expert Advisor designed for volatile instruments such as XAUUSD. The system applies a dynamic scalping approach, placing controlled buy and sell positions to capture short-term momentum with fast execution and disciplined risk management. Trades are protected by predefined Stop Loss, structured position management, and optional end-of-day closure to reduce overnight exposure. Please refer to the forward test using the following account: + Server: Just

86 USD

Hello All, good news, the very famous Bitcoin Wizard version 1.6 is now available on the mql5 website which works very smoothly. Bitcoin Wizard – Automated Bitcoin Trading System Bitcoin Wizard is an advanced automated trading system designed specifically for Bitcoin trading . It identifies strong market momentum by analyzing high–low price levels within specific periods and executes pending orders to capture breakout opportunities. Built for traders who want a fully automated solution , Bitcoin

199 USD

Flexible EA works by loading your custom indicators into the EA to trigger Buy/Sell signals and TP/SL signals, also it has built-in advanced grid, averaging, trailing, and filtering systems. Many times it happened that you grabbed a nice indicator and sat watching its beautiful blue and red arrows or dots popping up on your chart indicating buy/sell signals that you only wished if you can backtest this indicator to see it's performance. Well this happened to all of us and many many times. On top

70 USD

Running multiple EA's on your account and confused by who's winning and who's loosing? Try this indicator that report's in real time on the Magic Numbers in your account by reading the History_trades along with the Open_trades. Note: Manual trades are grouped under Magic Number "0". For a better visual report, run it on a symbol that you don't execute trades on, switch the history bars to "Line Charts" and set it's color to Black.

FREE

This is a must have tool for a serious trader. It saves your precious time spent for opening/closing trades, creating pending trades and modifying your TP/SL in bulk according to either pips or price. If you need to quickly open several pending orders (Buy Stop, Sell Stop) at a certain distance from each other, this script will do all the routine for you! The first time you use this handy tool, you will realize it has already paid for itself. Instructions: Drag and drop this script onto a chart.

100 USD

Did you ever wish if you can control how to auto close multiple trades in your account that are opened by multiple/different EA's ? Well.. Good news.. You're at the right place because now you can do this with MagicClose. Below are the inputs of MagicClose, going through them will give you a detailed idea what this handy EA is capable of: Chart timeframe: any Parameters Settings to control the Buys open trades: Enable Buys monitoring - true/false Buys Magics to monitor - Enter magic number foll

75 USD

Merlin Grid is a fully automated EA that uses a clever combination of grid, price action, fast scalping, smart filtering and artificial intellect (artilect) to determine profitable entry and exit points into the FX market. Merlin Grid is optimized and backtested over a period of 8 years (2010–2018). Download the free demo version and give it a run yourself. Visit Merlin Grid's blog for set files, news, updates, wish list, etc. Characteristics FIFO compliance option. Price averaging of same kind

250 USD

The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Parame

50 USD

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sckaraca 2018.12.07 15:48 #

Nicolas Hi !

i rented the Goodboy to try for 1 month. is it possible to run with 500 usd ? how ?

thanks