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
697
cesiek 2023.11.24 08:31 
 

This is a good profitable EA

dangdinhphuong
20
dangdinhphuong 2023.10.20 03:20 
 

Em thấy bot chạy ổn định. lợi nhuận 3% đến 10% trên tháng .

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BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
Goblin Gold Scalper
Thi Tra Mi Duong
3.67 (3)
The Goblin Gold Scalper EA is a fully automated trading robot that has been developed over the years. EA's trading strategy has been optimized for Gold with a unique strategy based on Price Action and basic indicators. This is a scalper strategy so it usually trades in a short period of time, trades are closed quickly with Stop Loss and Trailing Stop. EA has optimized settings and now it's simple to use for everyone. You just need to set your Lot Size. Feature:  + Fully automated trading 24/5 w
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Quantum Dark Gold
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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
Martingaler Scalper
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Martingaler Scalper Expert Advisor is a cutting-edge automated trading system that combines the Martingale strategy with a scalping approach, specifically optimized for the Gold market (XAUUSD). The Martingale system is inherently high-risk, however, this EA integrates a scalping mechanism on early winning trades to minimize potential losing streaks and overall exposure. It features customizable Stop Loss and Take Profit settings, and applies a lot size multiplier following losing trades (Marti
Immortal Trading
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Introducing Immortal Trading EA — an advanced multi-currency, multi-timeframe system that seamlessly blends Scalping precision with DCA stability, delivering the perfect balance between performance and risk control. Because the EA's complex strategy requires data of multi currency pairs and multi 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 an
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cesiek
697
cesiek 2023.11.24 08:31 
 

This is a good profitable EA

dangdinhphuong
20
dangdinhphuong 2023.10.20 03:20 
 

Em thấy bot chạy ổn định. lợi nhuận 3% đến 10% trên tháng .

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