Market / MetaTrader 4 / Experts /

Genie EA

245 USD

Demo downloaded: 244

Published: 8 June 2021

Current version: 1.8

Genie EA

3.67

Experts
Gianluca Bonfanti
Version: 1.8
Updated: 25 August 2021
Activations: 7

Genie EA is a breakout/scalper Ea that works on EURUSD,GBPUSD,USDJPY,XAUUSD,AUDUSD on H1 Timeframe.

Genie is currently in PROMO with 50% discount! Normal price is 495.00 $!

Live Signal normal risk mode only EURUSD (max DD 20%): https://www.mql5.com/en/signals/1234479

Live signal only EURUSD low risk mode (max DD 5%) : https://www.mql5.com/en/signals/993610

It is a very stable system that show incredible performance since 2003, were other scalper can not compete, and it is very Robust becouse the same algo can work on 4 pairs.

Suggested brokers are Icmarkets,Tickmill,Darwinex,GlobalPrime and every broker with ECN quote.

It has a very unique features, the auto increase lot size, which help users to setup efficiently the ea without making mistakes and with the correct risk manegement.
Since every trader has got his unique appetite, i setup 5 type of risk:

The table is intended for 5 pairs trading:

ultra low risk (max DD forecasted is 2.5%)
low risk (max DD forecasted is 5%)
normal risk (max DD forecasted is 10%)
medium risk (max DD forecasted is 20%)
high risk (max DD forecasted is 30%)

Minimum balance for normal risk and 4 pairs is 100 usd, while for 5 pairs is 600 usd ( XAUUSD has got the biggest DD in backtest versus other 3 pairs )

Using this new method of money management, the user will know what will face in the future, at least based on what happened on backtest, while using old method of risk % per trade, can not be well calculated.

Setup EA in your broker:

1) Please allow web requests to the following URLs for the automatic GMT offset calculation:

https://www.data-lab.it

2) open 4 charts H1 (EURUSD,GBPUSD,USDJPY,XAUUSD) and add Genie to each of them, no need setfile, just setup correctly your risk appetite.

3) The EA should run on a VPS continuously without interruption to store the historic data.

Backtest:

Ideally, backtests in MT4 should be done with Tick Data Suite GMT+2 with US DST. and with MT5 with a broker that can give 100% quality tick every tick data.
In comments i have uploaded the backtest: https://www.mql5.com/en/market/product/68048#!tab=comments&page=1&comment=22768769

Of course past performance can not be a guarantee of future profit.

more...

170

Byte1999 2021.08.22 16:16 #

I have been running the EA for a while now and it performs as advertised. The author provides timely and honest (how rare is that) support and continues to evolve the EA. Of course the long term will show the performance, but at least you know you get really straightforward answers even when for example a certain pair shows underperformance. Certainly always worth highlighting the few honest players in this market. Thank you Gianni!

289

Homer88 2021.08.17 21:04 #

Good EA seems stable and for long term trading. Author helps and answer to questions. EA uses Scalping Strategy

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Introducing our state-of-the-art Genesis Ultimate MT4 Expert Advisor, specifically tailored for trading the AUDNZD currency pair. This innovative EA provides traders with the ability to select from three distinct risk levels, empowering them to manage their risk exposure according to their comfort level. To facilitate informed decision-making, the EA showcases the expected drawdown based on extensive backtesting conducted from 2018 until today. This valuable information is readily accessible th

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Description. This product was created as part of a project " PULSE OF MARKET ". EA "Undefeated Triangle" is an advanced system that exploits unique fluctuation between AUD, CAD, and NZD currencies. Historically results show that these pairs used in composition always return back first moved pair after fast movement in one direction. This observation can allow us to include a grid-martingale system where can get maximum points of these unique situations. EA "Undefeated Triangle" uses only 3 pai

899 USD

Rio is a complex and novel algorithm that uses Artificial Intelligence in combination with traditional technical analysis to predict market movements. This Expert Advisor makes use of Recurrent Neural Networks, specifically Long-Short-Term-Memory cells, that are trained using data from technical analysis indicators. Through this method, the EA is able to learn which indicators are most relevant for future price movements and act upon them. Furthermore, LSTM networks are particularly suitable for

599 USD

Genie EA is a breakout/scalper Ea that works on EURUSD,USDJPY,AUDUSD on H1 Timeframe. Genie is currently in PROMO with 50% discount! Normal price is 495.00 $! Live Signal normal risk mode only EURUSD (max DD 20%): https://www.mql5.com/en/signals/1234479 Live signal only EURUSD low risk mode (max DD 5%) : https://www.mql5.com/en/signals/993610 It is a very stable system that show incredible performance since 2003, were other scalper can not compete, and it is very Robust becouse th

245 USD

Breakout Storm MT4 - logic: is a breakout/momentum EA fully automated, that works on 10 pairs which are prone to big moves, it has been developed for 2 years with phyton code and special tools bypassing the limit of Metatrader platform, than coded into MT4 and 5 to be available for professional traders. The internal algo also is really pretty complex, 7 indicators are used ( from ATR to heikin ashi to MA,+ 4 property leading indicators were coded ). All breakout system have a long period of st

400 USD

Breakout Storm MT5 - logic: is a breakout/momentum EA fully automated, that works on 10 pairs which are prone to big moves, it has been developed for 2 years with phyton code and special tools bypassing the limit of Metatrader platform, than coded into MT4 and 5 to be available for professional traders. The internal algo also is really pretty complex, 7 indicators are used ( from ATR to heikin ashi to MA,+ 4 property leading indicators were coded ). All breakout system have a long period of s

400 USD

Filter:

AmericanBoy 2021.12.14 11:18 #

the support is terrible, the author is arrogant and the results are very different from their backtests, even in their signals

2255

Reply from developer Gianluca Bonfanti 2021.12.15 12:55 #

Basically you stiked the 1 star review few hours later catching a full stop loss, but signal, even if the month was not good is still in positive, and other scalpers on the same target as Genie had a bad period even worster.
About support is terrible everyone know i am fully devoted to explain everything in clear english and fully detail, the arrogance i leave the other user to judge, since i never got any personal messages from you, i suppose you are reffering to this Q: https://www.mql5.com/en/market/product/68048#!tab=comments&amp;page=1&amp;comment=25611654 that once not satisfied, helped probably to feel frustated.
About the backtest it is 100% the one of the broker.

170

Byte1999 2021.08.22 16:16 #

2255

Reply from developer Gianluca Bonfanti 2021.09.01 14:56 #

Thank you and wellcome onboard!

289

Homer88 2021.08.17 21:04 #

Good EA seems stable and for long term trading. Author helps and answer to questions. EA uses Scalping Strategy

2255

Reply from developer Gianluca Bonfanti 2021.09.01 14:56 #

Thank you for review, happy trading and wellcome onboard!

582

user9876 2021.08.14 15:10 #

User didn't leave any comment to the rating

2255

Reply from developer Gianluca Bonfanti 2021.09.01 14:57 #

Javi thank you for your review!

813

smartreynor 2021.08.09 05:23 #

User didn't leave any comment to the rating

2255

Reply from developer Gianluca Bonfanti 2021.09.01 14:57 #

Hi Rey, i agree best pair is EU, and UJ and AU.
Wellcome onboard!

Version 1.8 2021.08.25

Updated the auto risk management considering the slippage on XAUUSD.

With normal risk:
Min. deposit to run 5 pairs=800.00 usd.
Min. deposit to run 4 pairs=100.00 usd. (without XAUUSD)

Version 1.6 2021.07.26

Improvements on EURUSD, GBPUSD, XAUUSD.

Version 1.4 2021.06.29

slippage update in panel:
now panel show the average slippage.
remember to enable it in settings in live trading, and disable in backtest for speed up.

Version 1.3 2021.06.15

Added max spread protection.
Added close at friday afternoon all orders and remove pendings.
Added tracking of last slipage trade.
Panel optimization.

Version 1.2 2021.06.10

Added Tracking Slippage working now on all pairs, to monitor deeply the trading conditions.
Added P/L on panel.

Version 1.1 2021.06.08

Graphic improvments on panel.