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PS GoldenEye EA MT5

699 USD

Demo downloaded: 682

Published: 30 March 2023

Current version: 2.0

PS GoldenEye EA MT5

Experts
Miguel Angel Vico Alba
Version: 2.0
Updated: 17 January 2024
Activations: 10

The main focus in the development of this EA was safety by eliminating the risk of a large drawdown that is generally associated with most grid systems in the market. The end result is a much better performance than any similar system.

Signals and other products: https://www.mql5.com/en/users/mike_explosion/seller

Note on the signals: My signals are a high risk test on a Standard account (not ECN) where spreads are usually high. This is my way of showing you that EA is profitable in the long term. My recommendation to you will always be the default risk setting.

Unlike other systems and products for sale on the Market this one is not over-optimised and does not show 100% winning trades with no risk and almost no drawdown. That simply does not exist. If you compare the backtests with the live signals of those products you will understand what I am talking about. The behaviour of this EA is 100% real. Profits are symmetric to risk, so there can be no risk-free profits. It is easy to understand.

This system does not use martingale and among its options is a system that closes all trades when a certain level of DD is reached.

The EA works with gold (XAUUSD, GOLD, etc.) and all sets are integrated into the EA and it is not necessary for the author to share any *.set files with you.

It is not necessary to use a specific TF (Timeframe) for the EA to work correctly in the strategy tester or in real trading. The TF's of the different strategies are integrated in the EA.

Inputs

Pause EA: When 'OFF' the EA runs without interruption. If 'ON' the EA will not open new trades or monitor the DD/TP. (Please take this into consideration).
Method Volume [Lots]: You must select the mode in which the lots will be calculated.
Fixed Volume: Set the fixed lots in the option 'Fixed Volume' and 'Min. Vol. per 'X' Balance' or 'Min. Vol. per 'X' Equity'.
Min. Vol. per 'X' Balance/Equity: Fixed lots multiplier according to Balance/Equity.
Pct. of Balance/Equity: The way in which the lots are chosen is very simple. ((Balance or Equity * Leverage * 0.01) * Percentage selected)
DD Max. Mode: Here you can select various behaviours after reaching a certain DD.
DD Max. Value: Determine how much percentage reduction must be reached for any of the above behaviours to take effect.
MQID© Push Notif. [DD/TP/SL]: Sends an automatic notification after reaching DD/TP/SL via the MetaTrader 5 mobile application.
Panel [OFF=Fast Backtesting]: Displays a computer panel in the chart window. Turn it off in the strategy tester for faster backtesting.
Panel Font: Select the font type.
Panel Font Size: Font size of the panel.
Magic Number: Number assigned to trades opened by the EA to differentiate them from manual (discretionary) trading.
Spread Max. [Points]
Slippage Max. [Points]
Panel Comment [Max. 30 chars]: Customised panel comment.
Simulate Withdrawals: ON/OFF simulated profit withdrawals in the strategy tester.
Simulate Withdrawals Value: Monetary amount to be withdrawn in the strategy tester after being reached.

Minimum requirements and recommendations

Broker: Any broker with a low spread, although it is not really important for the EA to work properly. (Test in the strategy tester. There is often a lot of difference between brokers due to spread, swaps...)
Minimum initial deposit: This is not easy to answer, as it depends on leverage and lots. Do your own tests in the strategy tester.
Recommended initial deposit: $1000 in accounts with 500:1 leverage.
Leverage: 500:1
Account type: Hedging.
Use a VPS for the EA to work 24/5 (Mandatory). The TP and closing of trades after reaching a certain DD is fully managed by the EA and is not sent to the broker!

Strategy Tester

Use 'Every tick based on real ticks' (>99% quality).

This product is sold only on MQL5.com. Sales on other sites are illegal. Other products from the author: https://www.mql5.com/en/users/mike_explosion/seller

more...

206

Sogeking 2024.01.09 09:52 #

Running this for about 3 months, not much trade, drawdown ok. Top service and sincerity of the Author, but i really missed the previous v1.8 version (more aggresive, but higher risk). Will update again my review later after a couple of months. Very Recommended

266

Михай 2023.07.10 19:14 #

looks good, stg 6 still fucks some broker up.

456

Helder Filipe Gouveia Pinto 2023.05.17 14:06 #

I recommend

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The EA works simultaneously with 4 currency pairs on a single chart and window (EURAUD, EURGBP, EURUSD and GBPUSD). It is important to understand this, because if you place the EA in multiple windows, the EA will duplicate trades. It is also important that you have EURAUD, EURGBP, EURUSD and GBPUSD in the 'Market Watch' list. Unlike other systems and products for sale on the MQL5 market, this one is not overly optimized and does not show 100% winning trades, with almost no risk or drawdown. Tha

699 USD

The main focus in developing this EA was security by eliminating the risk of a large crash that is usually associated with most network systems on the market. The end result is much better performance than any other similar system. Live Monitoring (Signal) My signals are set to high risk on standard accounts (not ECN's) where spreads are usually high. This is my way of testing EA. My recommendation to you will always be the default risk settings. Other products of the author Unlike other system

699 USD

Taking into account an efficiency factor and the CCI + RSI + MA, the result is a cross with a high probability rate. Each crossing could be taken as the "Delta" based on the above-mentioned factors. Feel free to adapt it to your liking. This is not an indicator "magical", is one more tool to help confirm signals. Parameters CCI Period RSI Period MA Period Coefficient (0 to 8) Drawing Style Color Main Line Color Signal Line Lines Width (1 to 5) Show arrows crossing Main/Signal Show arrows cros

149 USD

Displays the volume of buyers and sellers in a more friendly and understandable. In this way we can determine more accurately if they win the bears or the bulls. There are patterns of behavior that we studied beforehand, but in essence we will serve as support at the time of making decisions. Also if we are already within the market we can confirm if is approaching a change of trend and so exit before the change of the same. Parameters Drawing Style Buyers Volume Color Sellers Volume Color Widt

149 USD

Filter:

206

Sogeking 2024.01.09 09:52 #

359

Ocean 2023.11.29 11:14 #

Honest and real ea. Good communication

266

Михай 2023.07.10 19:14 #

looks good, stg 6 still fucks some broker up.

456

Helder Filipe Gouveia Pinto 2023.05.17 14:06 #

I recommend

2771

Andre Gomes 2023.05.12 18:41 #

Backtesting results are really promising. I just started using it on a demo accounts before using it on a real account. I am glad that the author continues working to improve the EA - he recently added more strategies to increase the number of orders.

408

Marco Monceri 2023.04.22 22:00 #

after several weeks of use in a real account, I confirm the same operations present in the signal using the same broker (roboforex), the author is always present and available.. recommended! link to my real account published on Myfxbook = https://www.myfxbook.com/members/MarcoMonceri/goldeneye-11/10116265

Version 2.0 2024.01.17

- All strategies have been re-optimized.

- A new function has been added to protect against negative closes due to swaps, i.e. in the case of long cycles (several days), a loss was generated by swaps which, when the cycle was closed, made the cycle unprofitable. Now it is simply impossible for a cycle (if you activate this function) to close in negative. At least it will close in BE.

- Money management has been added based on my recommendation (low, very low, medium, medium-high risk, etc).

- The Panel and the filter to pause the EA during the Christmas/New Year holidays are now by default 'ON'.

- Recommendation: Test at your broker using real ticks. At each broker/account type the result may be different due to spreads, swaps, etc. Make your own tests and determine which pairs and which risk management is best for you. Always keep in mind the nature of a grid system. In itself it is a dangerous system in the sense that you cannot "step on the gas" too much, you have to let it run smoothly and just let the exponential factor do the rest. You should always take into account and be prepared to have a DD double the one you have in the strategy tester due to some extraordinary event, i.e. if you "step on the gas" and determine that the strategy tester has 50% DD, maybe at some point it can reach 100% and explode your account. Extraordinary events usually happen at least once a year. Be prudent. All of us who have been with this EA for years and are still using it, it is because we have understood this and have been patient enough to let it work all this time. If you need to double your account every month, this is not the EA for you.

Version 1.9 2023.11.29

- The number of strategies has been reduced from 6 to 4 until they are revised.

Version 1.8 2023.05.28

- Fixed a bug reported about the DrawDown max function (DD Max. Mode).

Version 1.7 2023.05.16

- After the mess caused in these last versions where some clients say that the 6 strategies are wonderful and others say that it exploits their accounts, I have decided to "free" the parameters to activate/deactivate the strategies and let each client determine which ones work well in his broker.

- Please note that using TDS (Tick Data Suite) or any external data source is cheating yourself, as your broker does not have those zero spread, zero commission, zero swap conditions. You should always use real ticks from the broker you work with.

- From this version I am not responsible for the use that clients can give to the EA, as I have detected that there are clients who only analyze the last year and choose a risk (Lots Value) of 100 or 200. That in the medium / long term will explode their accounts. It is the same as going to the casino.

- You have to analyse the last 5 years and be aware that no EA will make you 10000% profit in one or two years. That simply does not exist.

- My signal has always used and will always use the default settings. If you use a different configuration be consistent with it and take the risk.

Version 1.6 2023.05.16

- Minor correction of no importance to users.

Version 1.5 2023.05.16

- See the following link: https://www.mql5.com/en/market/product/96236#!tab=comments&page=1&comment=46920407

Version 1.4 2023.05.09

- The number of strategies has been increased from 4 to 6 while preserving the profits/risks of previous versions and increasing the number of trades by 30%.

Note: If you use preset *.set files remember to make new ones to rule out possible incompatibility problems. If this is not your case, you do not have to do anything. Simply attach the EA to the chart of gold and let it work as usual.

Version 1.3 2023.05.01

- Correction in the DD calculations.

Version 1.2 2023.04.16

- Bug fixes and improved code efficiency.
- Remodelled Panel: Now shows much more information.
- New input: DD Money Mode/Value. Same as DD Pct. Mode/Value but with money.
- New inputs: Friday Closing Mode & Xmas/New Year Pause Trading. You will be able to control whether to close trades/cycles on Friday with or without profit and determine if the EA will take a Christmas/New Year holiday.
- New inputs related to setting the colour of the lines on the chart (TP, BE, GRID).

Note: If you use preset *.set files remember to make new ones to rule out possible incompatibility problems.

Version 1.1 2023.04.02

- Input 'Min. Vol. per 'X' Balance/Equity' from 450 to 350 (Low to Medium Risk Increment) as the recommended default setting (and the one used in the signal).