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Long Journey EA

- No Martingale

- No Grid

- No high Risk Strategy.                 

- Target big moves

- Swing

- Low Risk

This EA is good for busy individuals who doesn't have time to monitor the screen at all times. Just place it on 4H Timeframe and let it do all underground work.

This excellent expert advisor is not a scalper. It’s made to target greater moves and a long term big wins while minimizing losses.

Long Journey EA is a sophisticated mathematical algorithm that analyzes market data, it's based on systematic rules, constantly tested and clear instructions to make trading hands free and remove emotions from trading.

Long Journey is made in such a way that, it takes a few but quality trades.
Each trade has a Stop Loss and Take Profit. The inbuilt intelligence react very fast to close a trade if it detects a potential reversals


STRATEGY

Long Journey EA combines Price Action, Support and And Resistance, Fib, Trend and Different time frame analysis.
It checks if the systematic rules are met in the Monthly timeframe, it proceed to check the daily timeframe. Checks for break down in 1H and enters on 15 Mins timeframe if all rules are met in the Daily.

As quality is preferred over quantity, and not all met conditions can make profits, the system rejects and closes trades that reverses to the opposite direction. It keeps wining trades and cut loses. It continues to trail down wining trades to prevent fast movement that can wipe out win trades. 

Lots size

Long Journey EA takes one trade at a time. It doesn’t double or increase lots automatically. It deals with a constant lot size to grow the account. 

 
For a $3,000 account, the maximum risk recommendation is 1 lots

This will help to maintain  Drawdown Balance within 10%

For a $100,000 account, if you want to maintain less than 5% Drawdown as required by most prop firms, 5 lots is recommended

Nevertheless, this can highly pass the challenge.


Settings

Since the Forex market keeps changing. Market parameters change often. It’s based on patterns.

That is why Long Journey EA doesn’t use martingale or any risky strategy but constant lots size.

If you want an EA with same settings from 2015 until now, that makes constant profits. Such EA doesn’t exist, because patterns change.
This EA is based on current Market conditions from 2021 until now.

Long Journey EA cannot make big profits when tested with old data more than 2021 because the mathematical algo did not factor old data that has no major significance on current market conditions.

The forex market has changed a lot recently and hence most of the market waves has changed. Upon testing, you are likely to see more profits on January 2022 and beyond, this is because of the logic behind this EA, to make profits from current market conditions


Forex Pairs  (GBPJPY, USDJPY, and US30)

Because Long Journey EA targets big moves, the pairs with high volatility are preferred


GBPJPY, And USDJPY. It can also work on US30 with different settings, and can also work with GBPUSD with take profits amd Reflex_point adjustment.


REFLEX POINT( engine for trade, take very good note when you make adjustments)     


The Reflex point in Long Journey EA detects when a pattern is changed, and hence an update to the settings to maximize wins.

The Default settings is recommended for GBPJPY (from January 2021 - till now) 4H time frame

     

GBPJPY- Default settings(Jan 2021 - now)  start time : 00:06 , end time 23:59

Reflex_point = 10                (notice the Reflex_point well when ever you change the forex pair)



(If your broker has big spread, contact me to adjust the Stoploss for you. so that you are not closed out when the spread increases when the market is closed)... or change SlPoints to 900 in such case.


USDJPY - Jan 2022 - now

The attached screenshot was tested with $10,000 with 5 Lots (Jan 2022 -  Oct 2022)


Sl points = unchanged (363)

TpPoints = 6991

Tsl = 1590

TslLimit = 2013

  Reflex_piont = 49


Contact me if you purchase Long Journey EA for any additional assistance if needed.






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#Multicurrency #Hedging #Martingale #28Symbols  @AUD @CAD @CHF @JPY @NZD @USD @EUR @GBP  In the globalisation process that the world economy has undergone in the last two decades, financial markets have played a leading role. The easy and fast access to information, together with the growing economic interdependence between the different commercial blocks, have caused more and more economic agents to participate in non-national financial markets. Even small investors, thanks to the Internet and
On Control EA MT5 V2 Game-Changing Software For The Forex Market  On Control EA was created to help traders like you maximize their income. How would you like to gain access to a world-class proprietary piece of software designed for one purpose, to improve your Forex strategy? Let’s be honest, it can be hard to understand which technical analysis & trading signals you should follow. With On Control EA, you now have a powerful tool that will enhance your Forex trading strategy & elevate your in
The adviser uses a strategy based on the use of 7 Envelopes  indicators, on each timeframe (M5, M15, M30, H1, H4) there are 7 Envelopes indicators. Trading is based on the “Price Action” strategy, the adviser searches for a simultaneous signal on 5 time frames: M5, M15, M30, H1, H4 and then opens an order. The EA uses the built-in Martingale and Averaging algorithm. The adviser uses economic news to achieve more accurate signals. Hidden Take Profit, Break Even and Trailing Stop are used. Attenti
MoneyMaker stableATM Lite is an automatic intelligent trading system for foreign exchange! Lite edition just support MetaTrader 5! The purpose of MoneyMaker stableATM Lite is to stabilize profits, not to give you the ability to get rich overnight! MoneyMaker stableATM Lite is only applicable to EUR / USD currency trading, and cannot be used for other currency exchange trading, other CFD product trading, and commodity tradingor futures commodity trading! MoneyMaker stableATM Lite is only suitabl
RSAS By Capitarc
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CAPITARC`s RSAS Expert Advisor for MT5   RSAS MT5   -is a professional expert advisor used by our investment firm it is based on price action and Relative Strength Index (RSI) indicator.  This product is with dynamic overbought and oversold levels that automatically adapts to the ever changing markets, while the standard MT5 RSI maintains levels static levels and do not change. This allows the expert to adapt to the ever-changing market without the need to constantly optimize, just make sure yo
RainScalper
PT. PELATIHAN PROFIT INTERNASIONAL
Robot autotrading forex yang bekerja secara full otomatis menggunakan Strategi Scalping yang sangat profitable.Tidak menggunakan metode strategi yang berbahaya dalam trading yang menyebabkan hilangnya seluruh Deposit secara tajam seperti Hedging, Martingale, Grid, Arbitrage, dll. Kelebihan RainScalper adalah memiliki status Live Development yang berkesinambungan dalam jangka panjang berbeda dengan robot lain yang sering berganti nama ketika terjadi crash/mc; serta memiliki kemampuan multi-strate
Expert. Automatic and manual trading. Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    visual panel for opening orders in manual trading. visual panel for setting up
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Version 1.2 2022.11.11
fixed time.