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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 3
Arief Laksana
392
Arief Laksana 2023.11.30 03:59 
 

I use the portfolio of Power EURUSD, Power GBPUSD, and Power EURGBP with larger starting balance and lower lot size for 3 days now and get really good result.

I hope the author will make new Power EA for other pairs.

Edit : It's more than 1 month now and still profitable

cesiek
437
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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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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Babak Alamdar
5 (7)
Buy not a backtest, but a real trading system:     Live Signal 1     Live Signal 2 This price is temporary for the duration of the promotion and will be raised shortly Final Price: 5000 $ There are only a few copies left at the current price, the next price is -->> 500 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! This is the first smartest robot that trades gold or XAU with full pairs like XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD, and XAUCNH! I check the news every
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Thi Thu Ha Hoang
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to
Price reduced for 7 days to $147 Then the price will be $230 PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right directi
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Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
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Bright Gold
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EA Lightning Gold is an expert advisor designed specifically for the gold market (XAUUSD). Its innovative strategy combines analysis of price action, momentum, and money flow to provide high-probability trading opportunities. This robot's advanced auto-trading algorithms and intelligent position management strategy make it suitable for all timeframes and incredibly easy to set up. At the core of EA's success is its strategy, which has been carefully crafted to deliver consistent and reliable
Brilliant Code USDJPY
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Brilliant Code EURUSD
Nguyen Hang Hai Ha
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Power EURGBP
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Photon Gold
Nguyen Hang Hai Ha
EA Photon Gold is an automated trading robot programmed by the latest high-end algorithms. Combining scalper strategies, position management, and unique risk management EAs can help you optimize performance and control risk. Expert is programmed specifically for the Gold market (XAUUSD) in which the EA takes advantage of Gold's strong fluctuations to diversify signal models. EA's trading orders are usually executed quickly and then exited from the market. Floating positions can be closed with St
Fantom Trading
Nguyen Hang Hai Ha
EA Fantom Trading is an automated trading system programmed with exclusive and advanced algorithms. Expert dedicated to forex and Gold currency pairs. The strategy monitors price movements and Tick patterns to identify high probability signals. EA applies a scalper strategy with the characteristics of taking small profits and quickly exiting the market. Trading orders have Stop Loss, Take Profit, Trailing options available to manage risk and optimize performance. The EA is simple to use and ins
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Arief Laksana
392
Arief Laksana 2023.11.30 03:59 
 

I use the portfolio of Power EURUSD, Power GBPUSD, and Power EURGBP with larger starting balance and lower lot size for 3 days now and get really good result.

I hope the author will make new Power EA for other pairs.

Edit : It's more than 1 month now and still profitable

cesiek
437
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 .

Reply to review
Version 1.2 2023.11.13
Algorithm optimization.