Procyon EA

4

Procyon is an automated Expert Advisor that uses the combination of the Ichimoku Kinko Hyo, Candle Patterns and a relatively new Reflex Indicators to identify Spinning Top Candles in Bullish or Bearish patterns.  The EA has a hard, fixed Stop Loss and Take Profit.  Even though the win rate is a little more than 50 percent, the SL is about half of the TP.  So, you will have trades float in high positive sometimes.  Recommended pairs and time frames are located in the Comment section.     

Procyon is not overly sensitive to spreads or latency speed with Broker in order to execute trades.  However, the tighter the spread and fastest ping is obviously better.  Back Test results were from worse case of up to 20 spread (variable), up to 5 slippage and 100ms Latency. 

Normal Disclaimer for new traders:  Trading foreign currency exchange on margin and with an Expert Advisor carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results.

Live signal monitoring:

https://www.mql5.com/en/signals/960501

 

Features

  • Does not use dangerous methods in trading, which lead to a sharp loss of the entire Deposit (martingale, grid, arbitrage, etc.);
  • Every trade has a hard Stop Loss and Take Profit protecting your Deposit;
  • Recommended pairs: See Comments for Set files.  Only use provided Set files for EA.
  • EA is no longer FIFO compliant because we have added multiple TF’s for each pair.

Characteristics

  • Magic Number – Use set file or change to up to 6 numeric characters
  • Opening trade: Ichimoku/Candle parameters – use set file (do not change)
  • TP/SL – use set file
  • Reflex parameters – use set file (do not change)
  • MM Amount for a new position (Risk %) – adjust to your risk tolerance.  Or set to 0 MM and put in your fixed lot size;
  • Maximum position amount (lot size) – default is 100;
  • Trading Ranges – all optimized already, but if you want the EA to trade within certain TF or pips, you may change.  Changes in these will greatly affect performance good or bad.
  • Modify or replace stops/trades – set at true for default;

§   

Please feel free to perform your own back test by downloading the Demo.  Support for EA:

Telegram: https://t.me/constellationEA

Note: the EA may not trade every day.  Check performance in back testing.  Also, this is a LONG TERM strategy.  There will be good and bad weeks.


Reviews 3
Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.07.19 13:43 

Good job.

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AI Games Changer – MultiPair Averaging + Hedge System (Smart Directional Extended) Version: Perfected Interactive UI - MT4 (Patched) Developer: CyberBot Project P R E P A R A T II O N Enter the Games Changer Philosophy: If trading is gambling, embrace it intelligently. By activating up to 20 pairs simultaneously, complementary price patterns create a stable balance point far superior to single-pair reliance. The core principle? More data equals higher winning probabilities.
EA Gold Stuff
Vasiliy Strukov
4.7 (1095)
Experts
EA Gold Stuff is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. 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
PolyGold Scalper MT4
Connor Michael Woodson
Experts
PolyGold Scalper is a short-term scalping system for XAUUSD that can make trading decisions based on integration with Polymarket API. Live Signal: CLICK HERE All trading is done within MetaTrader and does not require API keys or a Polymarket account. The chart includes a panel that mirrors the data feed from Polymarket and refreshes every few seconds. The EA only enters single-shot positions and manages them without the use of grid or martingale. Exits are based on a dynamic virtual stop loss an
PZ Averaging EA MT4
PZ TRADING SLU
Experts
Profit even when too early: the perfect robot for position trades This EA turns your losing trades into winners using averaging. Once your initial trade moves into negative territory, the recovery mechanism will kick in and place consecutive market orders in the same direction at fixed price intervals, all of which will be closed with a combined profit or approximately breakeven. This mechanism is compatible with NFA/FIFO rules and accepted by US Brokers. [ User Guide | Installation Guide | Upda
PZ Hedging EA MT4
PZ TRADING SLU
2 (1)
Experts
Your safety net to turn losing trades into winners Have you ever taken a trade at literally the worst possible moment? Have you ever bought an asset just before a significant price crash? Or perhaps you've gone short at the worst possible moment before a rip-off rally? I have. And it sucks. It's one of the worst feelings in the world. Like a kick in the groin. To come out unscathed and in profit from these situations, I developed PZ Hedging EA. [ User Guide | Installation Guide | Update Guide |
Dual Striker PRO MT4
Sergey Ermolov
Experts
Dual Striker uses a momentum-based strategy for trading Gold (XAUUSD). The strategy is designed to trade in the direction of an already established market move WITHOUT using martingale, averaging, grid systems, or other aggressive money management techniques. Live account monitoring: https://www.mql5.com/en/signals/2385210  (14  weeks -> More than +300% ) Recommended broker: Vantage Markets Leverage: 1:500 Minimum deposit: $50 XAUUSD spread up to 30 cents Account type: RAW or ECN After purchasi
WallStreet Recovery PRO
Lachezar Krastev
5 (3)
Experts
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy WallStreet Recovery PRO: Only $217 (Save 70% — Regular price: $547) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $1044 — Yours today for just $217! How to claim: Direct message (DM) us your purchase confirmation to unlock your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Live Results:   https://www.mq
Xyron Edge MT4
Ahmad Sidik
3 (2)
Experts
Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Experts
Download Trial EA Budak Ubat Channel Limited Time Price! The price will increase by 10 USD after every 10 purchases! How it works When the EA is active, it will analyze the chart based on the Execution Mode parameter. If there are no existing positions on the chart, the EA will enter a trade based on the parameter. If the trend is bullish, it will enter a buy trade and if it is bearish it will enter a sell trade. And it will also set a Stop loss order at a certain distance from the opened trad
Just like that
Soolmaz Baramakeh
5 (1)
Experts
Price update As announced earlier, the price of this EA is now $119 . The next price increase will happen after 3 more sales . Thank you for your trust, and wish you profitable trading! Explanation of how the " Just like that " Expert Advisor trades. 1 - This is a scalping-style trading Expert Advisor. This Expert Advisor makes trading decisions based on market movement speed, an analysis of candlestick behavior, and the power of the Heiken Ashi system. 2 - It is an excellent choice for
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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ThorstenKock
2584
ThorstenKock 2021.10.07 01:07 

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Stephanie Nicole Chavez
1331
Stephanie Nicole Chavez 2021.07.25 20:54 

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Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.07.19 13:43 

Good job.

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