Power GBPUSD

5

This is an auto-trading robot programmed specifically for the GBPUSD pair.

EA Power GBPUSD is similar to the Power of EURUSD. However, this EA applies the correlation of the ichimoku Tenkan line along with 12 currency pairs and 3 timeframes to determine the power strength of GBP and USD.

+ The strength of GBP is based on the correlation of 6 currency pairs with GBP: EURGBP, GBPAUD, GBPCAD, GBPCHF, GBPNZD, GBPJPY.

+ The strength of USD is based on the correlation of 6 currency pairs with USD: AUDUSD, EURUSD, NZDUSD, USDCHF, USDCAD, USDJPY.

Because the EA's complex strategy requires data of 13 currency pairs and 3 timeframes simultaneously, MT4 cannot simulate this strategy when backtesting. The backtest results also do not show how the EA works, because the MT4 backtest cannot simulate multiple currency pairs and multiple timeframes at the same time.

Settings: 

 Prefix  not set if there are no extended characters in name GBPUSD
 Suffix  not set if there are no extended characters in name GBPUSD
 Max Spread      = 25 to 30 (Must be higher than the average spread of the currency pair)
 Fixed Lot  = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)
 Auto Lot  = 1.0 to 3.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...)
 Trailing  = 8 (points)
 Slippage  = 6
 Magic Number  = your number

* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).

* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.

Recommend:

Use EA with GBPUSD. If the GBPUSD currency pair has extended characters, you need to enter the expansion character in the Prefix or Suffix parameter as follows:

+ If the currency pair name is in the form GBPUSD.x : set Suffix = .x

+ If the currency pair name is xGBPUSD then set Prefix = x

+ If the currency pair name is xGBPUSDy then set Prefix = x and Suffix = y

+ If the currency pair name is GBPUSD without the extension character, do not install Prefix and Suffix.

Time frame: M5. Use VPS with low latency (<20ms).

Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 500

Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)

Note: The backtest results only show trading of 1 time frame and no confirmation of multi currency pairs, while the EA analyzes multiple time frames and currency pairs. So you should experiment with demo account or 0.01 lot first to be able to control the risk and get a more accurate assessment of the performance of this EA.

Tips: if you have many EAs, you should only use 1 EA with 1 account. Because each EA carries different risks, using multiple EAs often increases the risk to the account.


Reviews 2
cesiek
582
cesiek 2023.11.24 08:31 
 

This is a good profitable EA

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GoldPro (MT4) — XAUUSD Expert Advisor with 2 selectable modes: Classic & Scalping GoldPro is an automated trading system for   XAUUSD (Gold)   built for traders who want structure, clear risk controls and an EA that can work in different market tempos. Inside one EA you can choose   how it trades : 1) Classic Mode — calm logic for swings & pullbacks A classic approach focused on reversal / mean-reversion behavior (entries from market “exhaustion” zones) and structured position management. Basket
Prestige 4
M Ardiansyah
Prestige EA   is a powerful, intelligent trend‑detection trading robot built using advanced mathematical and statistical models. It is designed to identify high‑probability market movements with precision while maintaining strict risk control. The EA uses refined entry filters with advanced correction logic to ensure accurate and reliable trade entries. Every trade is protected by Take Profit and Stop Loss, ensuring disciplined risk management. In addition, the EA includes smart internal algori
XG Gold Robot MT4
MQL TOOLS SL
4.3 (37)
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
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This Expert Advisor comes with source-code, providing users with maximum customization and development. The EA  Infinity Code   calculates price movements on a logarithmic scale to find stable and quality signals. Along with unique position management and risk management strategies for optimal performance. The EA is suitable for the forex and gold markets, but with the source code when purchasing this EA, users can continue to develop for many different markets. Promotion: with the purchase of I
Golden Engine
Nguyen Hang Hai Ha
The Golden Engine EA is an advanced automated trading system designed exclusively for Gold (XAUUSD). Powered by proprietary algorithms, it continuously monitors short-term price dynamics to identify high-probability trading patterns. Each position is executed with carefully calculated Stop Loss and Take Profit parameters, without Trailing. The EA has been optimized for default settings on Gold with 2 digits for simple installation and use without the need for set files. Settings:     Max Sprea
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cesiek
582
cesiek 2023.11.24 08:31 
 

This is a good profitable EA

dangdinhphuong
20
dangdinhphuong 2023.10.20 03:20 
 

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