Market / MetaTrader 4 / Experts /

Fortune EA

30 USD

Demo downloaded: 1 390

Published: 8 June 2021

Current version: 14.2

Fortune EA

Name: Fortune EA
Price: 30.00 USD
Rating: 4.7647057 (17 reviews)
Author: Conor Stephenson

4.76

Experts
Conor Stephenson
Version: 14.2
Updated: 14 May 2025
Activations: 5

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.

Signals : ---
Group chat : https://www.mql5.com/en/users/conorstephenson
Please contact me after your purchase for set up advice and a free Expert Advisor!

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 work best, but please contact me for up to date recommendations.
Timeframe - 1HR - Default settings. - 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, please contact me for settings.
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)

more...

tore507 2024.06.30 11:49 #

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1655

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 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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Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade as effective as possible. Promotion Discount - 40%. 3 copies available at a price of $275 Bonus for Aurum AI – exclusive GoldPrime AI advisor

275 USD

Atlantis EA follows a breakout strategy specifically designed for gold to capture strong price movements that occur when the gold market breaks through key levels of supply and demand. This is no martingale or grid strategy. The EA works with a trailing stop and has also an automatic internal build in stop when trend changes. This EA will look for the ideal trading setups 24hours a day. Recommended pair: xauusd m1, m15 or m30 Use a minimum of $300 and small spread account preferably not cen

45 USD

The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price

999 USD

About Warp Drive Forex AI is a GBPUSD scalper, it trades at night time when the volume is low and the winning chances are high. Its uses a high accuracy scalping strategy backed up with a unique and effective risk management technique. Join our MQL5 group for more useful information and products updates. Also, you can get the MT5 version here. This is the Pro version of W Drive Forex AI, in Pro version, a user can adjust all the settings including the lot size as well. You can find the

499 USD

ONLY TODAY !!! - BLACK FRIDAY! ->> Buy Infinity Trader EA with -70% OFF and get a BONUS EA ->> Trend Matrix EA NOTE: Promo price: $167 (Regular Price: $547) - The offer ends today! Trend Matrix EA - Amazing strategy with many features and support for 10 symbols with a real price of $447! Don't miss it! After purchase, contact me to get your BONUS EA! Infinity Trader EA Live Results: https://www.mql5.com/en/signals/2290275 Infinity Trader EA seamlessly integrates the strengths of Chat GPT and

167 USD

EA Aurum Trader combines a breakout and a trend-following strategy with a maximum of two trades per day. Real-time results can be viewed here . Contact me immediately after the purchase to get personal bonus! You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings and manual here Please note that I do not sell my EA's or special sets on telegram, it is only available on Mql5 and my set files are only available on my blog here . Be careful of

50 USD

Javier Gold Scalper: Our Technology by Your Side! Manual and configuration files: contact me after purchase to receive the manual and configuration files Price: The price increases according to the number of licenses sold Available copies: 5 Trading gold, one of the most volatile assets in the financial market, requires high precision, thorough analysis, and extremely effective risk management. The Javier Gold Scalper was developed specifically to integrate these pillars into a robust and sophi

199.97 USD

Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30. This Expert Advisor uses advanced algorithms and carefully selected technical indicators to analyze market trends, identify optimal entry and exit points, and execute trades with high precision . One of its key features is the built-in news filter, which prevents the robot from opening new positions during high-impact economic events. This significantly reduces unnecessary risk a

1 599 USD

The Golden Way The Golden Wayis an automated trading software applied to the MT4 platform. The Golden Way adopts a comprehensive hybrid strategy, and through the coordinated operation of multiple strategies, it can accurately capture long and short opportunities in the Gold (XAUUSD) market, helping you timely grasp trading opportunities under different market conditions. Relying on mature trading logic, it helps you conduct professional and efficient trading operations in the Gold market. S

299 USD

PRO version(MT5): https://www.mql5.com/en/market/product/135291 Using Breakout EA (Expert Advisor) has clear advantages over manual breakout trading, combining the strengths of breakout strategies with the power of automation in MQL4/MQL5 as follows: Advantages of using Breakout EA 1. 100% automatic EA can detect Breakout points and send trading orders immediately without having to watch the screen Suitable for strategies that require "speed" in entering orders after breaking through r

99 USD

BB Scalping expert is my latest powerful breakout/scalping and non-martingale masterpiece trading gold with precision! This system trades breakouts using the bollinger band and zig-zag indicator in combination. Multiple pending orders are placed at the high and low of the bollinger bands, when it triggers there is a trailing stop following the breakout price until the orders get stopped out. The EA uses the zigzag indicator for dynamic stop loss to protect your account and manage the risk pr

50 USD

Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal : https://www.mql5.com/en/signals/2281529 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after

499 USD

The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf

195 USD

BlueDreams is a grid expert that will scalp specific high and low points in price. The advisor views the market in depth using a mixture of price information and custom indicators analysing from multiple timeframes to determine calculated entries. By default, BlueDreams operates a dynamic grid function, meaning it can change the distance between grid orders depending on market dynamics. Signals & Group Chat : https://www.mql5.com/en/users/conorstephenson Check the User Guide for further explana

30 USD

Growthamp is a grid expert designed for clients who want to customise their own entry conditions. The expert enters trades using two input custom moving averages and optional stochastic oscillation. It then manages orders into profit using chosen order management & close functions. Signals & Group Chat : https://www.mql5.com/en/users/conorstephenson Key Features Customisable entries and trade management. 36 Different Moving Average types to choose from. Follow trend or enter using Moving Averag

FREE

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. Signals : --- Group chat : https://www.mql5.com/en/users/conorstephenson Please contact me after your purchase for set up advice and a free Expert Adv

30 USD

FREE

30 USD

Filter:

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 2024.06.30 11:49 #

สามารถทำกำไรได้ดีที่สุดในคู่ eurnzd ฉันชอบมัน

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Pisethmorokoth Keo 2024.04.05 17:48 #

User didn't leave any comment to the rating

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Reply from developer Conor Stephenson 2024.04.05 17:53 #

Noted! Thank you for your review and the interest in Fortune Pisethmorokoth 🤝

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Thara Tantitaranukul 2024.02.16 09:14 #

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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! 🤝🔮👑

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Hans van Ditmarsch 2024.02.14 02:36 #

User didn't leave any comment to the rating

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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 2024.01.13 00:02 #

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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! 🤝👑🔮

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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.

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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 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.

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Reply from developer Conor Stephenson 2024.01.04 10:14 #

Thank you for your review Bunny, I appreciate your interest in Fortune! 🤝🔮👑

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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

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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 🤝🔮👑

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aldemardesousa 2023.11.27 12:12 #

User didn't leave any comment to the rating

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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! 🤝

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Mr. Vine 2023.03.01 02:04 #

User didn't leave any comment to the rating

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Reply from developer Conor Stephenson 2023.03.01 10:03 #

Hello Mr.Vine! Thank you! Of course, please message me directly

MTM MTM 2023.02.07 09:38 #

User didn't leave any comment to the rating

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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.

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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.

136

zaid filtons 2022.08.22 09:26 #

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

397

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.

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...;-)

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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! 🤝

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Mr Joao Diogo Santos Costa 2022.07.02 16:50 #

User didn't leave any comment to the rating

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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 🤝

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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 👍🏼👍🏼

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Reply from developer Conor Stephenson 2022.06.10 10:10 #

Nice one! Thank you for using Fortune and taking time to write a review. 🙏🤝

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marduk017 2022.05.09 23:30 #

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

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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! 🤝

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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

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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! 🤝

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