Fortune EA

4.78

Fortune is a complex algorithm that will analyse and tightly follow trend on forex pairs. 

The advisor utilizes an ability to read price action information from all timeframes simultaneously.

This allows the bot to make astute decisions on current price moves and act accordingly resulting in strong trend following with frequent scalping orders.

Key Features 

  • Easy to use - Plug and play.
  • Strong trend following frequent scalping.
  • Multiple ways to manage and close trades.
  • Optional martingale modes.
  • Optional hedge function.
  • Wide Spread & Slippage protection.
  • Equity limits - EA is able to cut trades at a desired input equity/margin drawdown percent and has functions to hold trading.
  • Compliant with the FIFO rule.
  • Optional News filter.
  • Optional Day/Time Limits.
  • Optional Dynamic pipstep methods.
  • Optional Drawdown reduction function.   

Recommendations 

  • Pairs - EUR, GBP, AUD, NZD and USD pairs.
  • Timeframe - 1HR. - Fortune utilises bar open scalping so will open more or less orders depending the timeframe it is loaded onto.
  • Account - For a standard account type a reliable ECN broker will provide the best performance using $2000 with a minimum of 1:300 leverage. My expert also work well with cent accounts.
  • I recommend to set the news filter to true in live market to filter out hard/NFP news events.
---[ FULL USER GUIDE ]---

Input Definitions

  • Order Comment.- Comment displayed on each trade taken.
  • Magic Number. - Number the EA uses to associate trades with itself - you only need to change the magic number if you are using the EA on two charts of the same pair, each chart would then need a different magic number.
  • Show On Chart Comment.- Set true will display information on chart.
  • Chart Panel Mode. - 'Panel_' - Draws a moveable panel with information on chart. - 'Comment_' - Displays a on chart comment on the left side of the screen.
  • Panel Text. - Panel text color.
  • Sell Color. - Panel sell color.
  • Buy Color. - Panel buy color.
  • Text Size. - Panel text size.
  • Draw Line. - True will draw a line at the breakeven point for open trades.
  • BE Line. - Color used for the breakeven line.
  • Draw Profit Labels. - True will draw closed profit labels on chart.
  • Profit Label Mode. - What to display inside the profit lables, currency amount, pips or both.
  • Profit Labels. - Color used for the profit lables
  • MACD1_Fast. - MACD Indicator input 1.
  • MACD1_Slow. - MACD Indicator input 2.
  • MACD1_Signal. - MACD Indicator input 3.
  • RSI_MA.
  • Stochastic1_K.
  • Stochastic1_D.
  • Stochastic1_Slow.
  • CCI_MA.
  • Max Spread. - Max spread allowed to open a trade - In pips.
  • Max Slippage. - Max slippage allowed to open a trade - used for brokers that may require a requote.
  • Max Lot Size Allowed. - Max lot size allowed to be reached and/or placed.
  • Allow Hedge Trades. - True will take and manage opposite direction trade signals while already in an open trade.
  • Alert At Grid Level. - Once the open trade amount reaches the number in the input the EA will send an alert noification through the MT4 mobile app.
  • Max Buy Trades Allowed.
  • Max Sell Trades Allowed.
  • Close Trades If Equity Drops Below. - The EA will close all open trades if the accounts floating equity drops below this percent amount of the total account balance. - (Account Balance Percent) - (Active > 0.0)
  • Only Open Trades Above Free Margin. - The EA will only open new trades when the accounts floating free margin is above this percent amount of the total account balance. - (Account Balance Percent) - (Active > 0.0
  • Limit Trade Hours. - True will allow trades from 'Start Hour' until 'Stop Hour' - Trades still open after hours will continue to be managed.
  • Start Hour. - Hour to allow trades from. When 'Limit Trade Hours' is set true.
  • Stop Hour. - Hour to stop trades at. When 'Limit Trade Hours' is set true
  • Trade Monday.
  • Trade Tuesday.
  • Trade Wednesday.
  • Trade Thursday.
  • Trade Friday.
  • Stop Trade Before Weekend. - True will stop the expert from placing trades and close any pending orders from Friday 18:00 until 23:59.
  • Skip Monday Market Open. - True will stop the expert placing trades on market open until after 03:00 Monday morning.
  • Trade Saturday.
  • Trade Sunday
  • Auto Money Management. - True will allow the EA to adjust the base lot in accordance with the account balance and the 'Auto Risk Percent' set.
  • Auto Risk Percent. - (1 == 0.01 per 100USD) - Defines the risk used in the Auto Money Management. 1 being equal to 0.01 lots per 100 in account currency.
  • Base_Lot. - The first lot size placed. (When Auto Money Management is set false)
  • Stop Loss. - (Pips)
  • Take Profit. - (Pips
  • Positions Multiplier. (Active>1.0) - Amount to multiply the next series or previous trade by. The function will only work when set above 1.0.
  • Multiplier Mode. - 'After_Loss' will multiply the next set of placed trades by the multiplier and a total loss count. - 'Position Amount' will multiply each trade in a set by the multiplier and how many trades are opened.
  • After Loss Mode Reset. - 'Next_Profit' will reset the loss count after any sized closed profitable trade. 'Full_Recovery' will only reset the loss count when all total calculated loss has been recovered.
  • After Loss Mode Max Lot To Reset. - Max lot size allowed to be reached before the loss count is reset
  • PipStep Method. - Method which to space orders by. - (Fixed or dynamically generated)
  • Dynamic Step TimeFrame. - Timeframe used to time grid orders and also create a dynamically changing pipstep distance.
  • Pipstep Multiplier. - Amount to multiply the pipstep distance between each trade. - (Multiplies both fixed and dynamic distances)
  • IF Fixed PipStep. - Fixed pipstep distance
  • Use Trailing StopLoss. - True will allow the EA to adjust the stop loss as orders move into profit.
  • Trail Start From. - Pips into profit to start the trailing stop.
  • Move Trail Stop To. - Once activated move the stop this many pips into profit.
  • Trail Step. - Adjust the stop loss further into profit when price moves this many pips
  • Use Auto Close. - When true the expert will automatically close out trades when the input amount is reached.
  • AutoClose Mode. - 'Currency_Amount' will make the EA search for a currency amounts worth of floating profit to use the AutoClose function. - 'Account_Percent' will make the expert search for a percent amount of the accounts balance to use the AutoClose function.
  • Amount/Percent To Close. - How much floating profit to activate the AutoClose function. - (What mode is selected above will determine what value this number has)
  • Adjust Amount In Accordance with Base Lot. - True will change the 'Amount/Percent To Close' according to the current base lot being used. The default example would be : 0.01 lots = 0.35 , 0.02 lots = 0.70 , 0.03 lots = 1.05 , etc.
  • Multiply Profit By Open Trades. - True will multiply the 'Amount/Percent To Close' by each opened trade. (Separate amounts used for buy and sell.
  • DrawDown Reduction. - Set to true will turn on drawdown reduction. This will look to breakeven on the first placed and latest placed trade in a formed grid in an aim to reduce overall grid size and free up margin.
  • Reduce After. - Once open trades amount reaches the number in this input the EA will begin the function. - (Separate amounts used for buy and sell.)
  • Percent To Function. - The EA will take the first placed trade and monitor its floating profit, this input will get a percetnage value of that number. We then need the latest placed trade to cover the negative floating of the first plus this stored percentage amount for the function to work
  • Use News Filter. - When true the expert will draw vertical lines onto the chart at times where news events land, the expert will stop placing new trades the input minutes before an event and will hold off placing trades until time has passed the input minuets after the event.
  • Only Draw Future Lines. - Set true will draw only draw lines in front of the current time.
  • Filter Low News. - True will stop new trades being placed from the input minuets before a low news event until the input minuets after.
  • Filter Mild News. - True will stop new trades being placed from the input minuets before a mild news event until the input minuets after.
  • Filter High News. - True will stop new trades being placed from the input minuets before a high news event until the input minuets after.
  • Minuets To Stop Trading Before Event. - The specified minuets to stop placing new trades before an event.
  • Minuets To Stop Trading After Event. - The specified minuets to start placing new trades after an event.
  • Low Event Line. - Color used for low event lines.
  • Mild Event Line. - Color used for low event lines.
  • High Event Line. - Color used for low event lines.
  • Market Watch TimeZone. - The GMT offset for your brokers data - (Most brokers are GMT+2)
Reviews 24
tore507
50
tore507 2024.06.30 11:49 
 

สามารถทำกำไรได้ดีที่สุดในคู่ eurnzd ฉันชอบมัน

Thara Tantitaranukul
1686
Thara Tantitaranukul 2024.02.16 09:14 
 

The EA open trade very nice result. Just the standard setting has a good working. Not aggressive lot agains when correct the fault order with our less risk would very effective . Lastly the EA is friendly price.

Jan Pokos
41
Jan Pokos 2024.01.13 00:02 
 

I bought a trading robot for the first time, with no prior experience. I must admit, I'm surprised that I wasn't deceived given the reasonable price... My robot, with default settings, managed to achieve a 7% gain in 3 days of use. I recommend it.

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Experts
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Forex Market. It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patte
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Experts
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Filter:
Sascha Bauer
183
Sascha Bauer 2025.08.13 06:31 
 

Hello Conor, I purchased Fortune EA three days ago. Could you please send me the settings for a cent account? Thank you very much.

tore507
50
tore507 2024.06.30 11:49 
 

สามารถทำกำไรได้ดีที่สุดในคู่ eurnzd ฉันชอบมัน

Pisethmorokoth Keo
531
Pisethmorokoth Keo 2024.04.05 17:48 
 

User didn't leave any comment to the rating

Conor Stephenson
31820
Reply from developer Conor Stephenson 2024.04.05 17:53
Noted! Thank you for your review and the interest in Fortune Pisethmorokoth 🤝
Thara Tantitaranukul
1686
Thara Tantitaranukul 2024.02.16 09:14 
 

The EA open trade very nice result. Just the standard setting has a good working. Not aggressive lot agains when correct the fault order with our less risk would very effective . Lastly the EA is friendly price.

Conor Stephenson
31820
Reply from developer Conor Stephenson 2024.02.16 09:57
Amazing! Thank you for your review Thara! I’m happy that Fortune is working well for you! 🤝🔮👑
Hans van Ditmarsch
254
Hans van Ditmarsch 2024.02.14 02:36 
 

User didn't leave any comment to the rating

Conor Stephenson
31820
Reply from developer Conor Stephenson 2024.02.14 09:37
Thank you Hans! If you can direct message me please I’ll help you out 🤝
Jan Pokos
41
Jan Pokos 2024.01.13 00:02 
 

I bought a trading robot for the first time, with no prior experience. I must admit, I'm surprised that I wasn't deceived given the reasonable price... My robot, with default settings, managed to achieve a 7% gain in 3 days of use. I recommend it.

Conor Stephenson
31820
Reply from developer Conor Stephenson 2024.01.18 09:48
Nice one! Thank you for your review Jan, I’m glad Fortune is working well for you! 🤝👑🔮
Benoit Jean Chanas
229
Benoit Jean Chanas 2024.01.11 10:16 
 

I am using this ea for 1year now on EU H1. Good results so far. I love dd reduction + the new "Allow Hedge to close" features.

Conor Stephenson
31820
Reply from developer Conor Stephenson 2024.01.11 11:24
Awesome, thank you for your review Benoit! I’m happy Fortune has been working consistently for you, thank you for the interest in my work/updates and running Fortune, I appreciate it! 🤝
Dgn Singh
34
Dgn Singh 2024.01.03 17:18 
 

Its a good expert but latest 13.1 version has some bugs most importantly TP calculation is not correct, profit/loss calculation on panel is not correct (because of that auto close function does not work correctly for longer and older grids, it closes grid in loss). I have used this ea with multiplier 1, dd reduction set to false, auto close false and tp 9 in Version 12.3 and had good results but latest version 13.1 needs to be fixed. I had chat with author and he said it will be fixed soon. For now i have stopped using this expert and will start again once it will be fixed. I will update my review after update to new version. Thanks

Edit Review: Fortune V13.1 has closed grid in loss of 300 and before TP. Fortune was running to manage old opened trades. I already clicked LAST CYCLE so it will not open new trade but manage and close all running trades in profit. I already explained bugs to author and waiting for new update. I hope soon it will be released.

Update Review: Author has fixed the bugs and now TP feature is working fine but still we need to restart mt4 to conitnue grid after closing few trades of grid manually. Hope it will be fixed soon in next update.

I will edit my review in future according to performance of Fortune.

Conor Stephenson
31820
Reply from developer Conor Stephenson 2024.01.04 10:14
Thank you for your review Bunny, I appreciate your interest in Fortune! 🤝🔮👑
phuongcei
637
phuongcei 2023.12.13 10:47 
 

After 6 months of running this EA, I could say this is the one of best EA I tested before. The price is really cheap when comparing with EA's performance. Conor is very supportive guy. Thanks

Conor Stephenson
31820
Reply from developer Conor Stephenson 2023.12.13 10:58
Thank you for your review! That’s great, I’m happy Fortune is working well for you thank you 🤝🔮👑
aldemardesousa
140
aldemardesousa 2023.11.27 12:12 
 

User didn't leave any comment to the rating

Conor Stephenson
31820
Reply from developer Conor Stephenson 2023.11.28 09:34
Awesome, please message me directly I’ll sort you out! Thank you for your interest in Fortune! 🤝
Mr. Vine
162
Mr. Vine 2023.03.01 02:04 
 

User didn't leave any comment to the rating

Conor Stephenson
31820
Reply from developer Conor Stephenson 2023.03.01 10:03
Hello Mr.Vine! Thank you! Of course, please message me directly
MTM MTM
23
MTM MTM 2023.02.07 09:38 
 

User didn't leave any comment to the rating

Conor Stephenson
31820
Reply from developer Conor Stephenson 2023.02.08 01:16
Hello
Why exactly can you not use the expert?
I don’t personally distribute the EX4 file, you purchase the expert from the MQL5 store and then download it into your terminal ? You will then find the EX4 file inside your MQL4-Experts-Market folder.
Please message me directly for assistance.
vic12aus
298
vic12aus 2022.12.05 00:20 
 

i am using Fortune EA for almost 3 months now and am happy with the trades taken by this EA, thanks to Conor for his continuous support.

zaid filtons
136
zaid filtons 2022.08.22 09:26 
 

love this ea running on live all week very low drawdown thank you

Johannes Eisgruber
402
Johannes Eisgruber 2022.07.09 11:34 
 

Hi UglyAndBroke here, excellent EA Low DD, and everything what you ever would need, to optimize the EA is in the settings. News filter, Hedge, Equity filter, to name only 3 and a very Sympatric and responsive contact with the Developer. I have 2 EAs now from Conor, and it's gone to be more.

Pasquale Alongi
167
Pasquale Alongi 2022.07.08 17:10 
 

Ea davvero eccezionale...chiude quasi sempre in gain ed ha un dd bassissimo...poi il suo autore è davvero persona estremamente gentile e disponibile...io lo utilizzo su un conto in cent con lotto iniziale 1 (anche se il suo autore non è per niente d'accordo) time frame H1 e filtro notizie attivato...;-)

Conor Stephenson
31820
Reply from developer Conor Stephenson 2022.07.08 18:07
Grazie per la recensione, lo apprezzo! Sono contento che tu abbia trovato una configurazione che si adatta meglio al tuo stile di trading. Vi prego di tenermi aggiornato! 🤝
Mr Joao Diogo Santos Costa
1629
Mr Joao Diogo Santos Costa 2022.07.02 16:50 
 

3rd EA bought from Conor, What else can I say? Very responsive seller if I have any specific questions. EA'S work like a charm and DD is easily controllable due to excellent EA inner parameters. Thanks again!

Conor Stephenson
31820
Reply from developer Conor Stephenson 2022.07.04 11:10
Thank you so much for your review Costa! I'm glad Fortune is working well for you 🤝
Woo Chung Leung John
1177
Woo Chung Leung John 2022.06.10 09:03 
 

I'm purchase the EA for one month now, following Conor's Signal running EU GU & EJ, not running 24x5 still got very good result ( 7% profit and very low DD ) . Fast rely from Conor and solve my problem quickly 👍🏼👍🏼

Conor Stephenson
31820
Reply from developer Conor Stephenson 2022.06.10 10:10
Nice one! Thank you for using Fortune and taking time to write a review. 🙏🤝
marduk017
233
marduk017 2022.05.09 23:30 
 

I use this and get profit. maybe i will keep stay using it for long time. very good !!!

Conor Stephenson
31820
Reply from developer Conor Stephenson 2022.05.13 19:02
Cool! I'm glad Fortune is working well for you, Thank you for your review! 🤝
Mehdi El Mawla
552
Mehdi El Mawla 2022.04.01 15:10 
 

i will try it again and see the result i will give it 5 stars to see

Conor Stephenson
31820
Reply from developer Conor Stephenson 2022.05.17 13:09
I appreciate you giving my expert more time and coming back to edit your review, thank you! 🤝
12
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