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Josmellon Gold EA V5

Welcome to Josmellon GOLD EA V5, an automated trading solution designed for XAUUSD (Gold) on MetaTrader 4. It uses automation and a sophisticated strategy tailored for the dynamic Gold market.

Overview:

  • Crafted for Gold trading to capitalize on its liquidity and movements.

  • Relies on two Triangular Moving Average-based indicators for trade decisions.

Key Features:

  1. Automated Execution: Executes precise and timely orders in the volatile Gold market.

  2. Indicator-Based Signals: Relies on two selected indicators for accurate trade entries and exits.

  3. Triangular Moving Average Strategy: Employs a robust strategy to identify and capitalize on market momentum.

Strategy and Trading Logic:

Strategy Overview:

Josmellon GOLD EA V5 operates on a robust trading strategy centered around the Triangular Moving Average (TMA). This approach is designed to identify potential trend reversals and capitalize on market momentum. The strategy aims to execute multiple trades, utilizing stop losses to manage risk. In the event of a stop loss being triggered, the EA employs a recovery mechanism by initiating another trade in the same direction, with the objective of compensating for losses. The ultimate goal is to achieve a net profit over a series of trades.

Trade Identification:

The EA identifies trade opportunities by closely monitoring the Triangular Moving Average. This indicator serves as a key component in assessing the direction and strength of the prevailing trend. The TMA is a variation of the simple moving average, offering a smoother representation of price movements.


Trading Logic:

  • Potential Trend Reversal: The EA actively seeks potential trend reversals in the Gold market, utilizing signals from two distinct indicators based on the Triangular Moving Average.

  • Multiple Trades with Stop Losses: When a trade is initiated, the EA is equipped to take multiple trades in succession. Each trade is accompanied by a strategically placed stop-loss order to manage potential losses.

Recovery Mechanism: In the event that a trade hits its stop loss, the EA promptly initiates another trade in the same direction. This recovery mechanism is designed to offset losses and steer the overall series of trades towards profitability.

 Installation:

Follow these step-by-step instructions to seamlessly install Josmellon GOLD EA V5 on your MetaTrader 4 platform:

Step 1: Unzip the File

Begin by unzipping the downloaded file. Extract all contents to a location on your computer where you can easily access them.

Step 2: Copy Files to the MT4 Platform

  • Locate the "Josmellon Gold EA V5" folder in the extracted contents.

  • Copy all the files within this folder and paste them into the "Expert" folder in your MetaTrader 4 directory

MetaTrader 4 Directory: [Your MT4 Installation Path]\MQL4\Experts\

  • Next, find the "Indicators" folder within the extracted contents.

  • Copy all files from the "Indicators" folder and paste them into the "Indicators" folder in your MetaTrader 4 directory.

MetaTrader 4 Directory: [Your MT4 Installation Path]\MQL4\Indicators\

  • Finally, locate the "template" folder in the extracted contents.

  • Copy all files from the "template" folder and paste them into the "template" folder in your MetaTrader 4 directory.

MetaTrader 4 Directory: [Your MT4 Installation Path]\templates\

Step 3: Run Josmellon Gold EA V5 Template

  • Launch MetaTrader 4 on your computer.

  • Open a new chart for the XAUUSD (Gold) pair.

  • Apply the Josmellon Gold EA V5 template to the chart. You can do this by right-clicking on the chart, selecting "Templates," and then choosing "Josmellon Gold EA V5."

Step 4: Start the EA

Once the template is applied, Josmellon GOLD EA V5 will be activated on the selected chart. You should see the EA settings and relevant information displayed on the chart.

Congratulations! You have successfully installed and initiated Josmellon GOLD EA V5 on your MetaTrader 4 platform. Ensure that your platform is connected to your trading account and that the EA is enabled for automated trading.



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Bonnitta EA   se basa en la estrategia de posición pendiente (   PPS   ) y un algoritmo de negociación secreto muy avanzado. La estrategia de   Bonnitta EA   es una combinación de un indicador personalizado secreto, líneas de tendencia, niveles de soporte y resistencia (   acción del precio   ) y el algoritmo comercial secreto más importante mencionado anteriormente. NO COMPRE UN EA SIN NINGUNA PRUEBA CON DINERO REAL DE MÁS DE 3 MESES, ME TOMÓ MÁS DE 100 SEMANAS (MÁS DE 2 AÑOS) PARA PROBAR BONN
NNFX Algo
AHMED ZABIR SAZOL
This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
Aurum Apex Mt4 EA
Martin Alejandro Bamonte
5 (1)
Descripción de Aurum Apex EA Aurum Apex EA es una herramienta de trading automatizada robusta al 100%, diseñada para la plataforma MT4. Realiza análisis de mercado en tiempo real, detectando diversas oportunidades de trading. Apto para traders de todos los niveles, Aurum Apex EA ofrece tres modos de riesgo, ajustables a través del parámetro de Riesgo: Riesgo = 0.1 (Bajo Riesgo): Ideal para nuevos traders que no están familiarizados con los movimientos del oro. Esta configuración minimiza las so
XG Gold Robot MT4
Marzena Maria Szmit
4.48 (25)
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
Indicement MT4
Profalgo Limited
5 (2)
¡Bienvenido a Indicement! ¡PROP FIRM LISTO! -> descargar archivos del conjunto   aquí PROMOCIÓN DE LANZAMIENTO: ¡Solo quedan unas pocas copias al precio actual! Precio final: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Oferta combinada definitiva     ->     haga clic aquí ÚNETE AL GRUPO PÚBLICO:   Haz clic aquí   LIVE SIGNAL INDICEMENT   aporta mis 15 años de experiencia en la creación de algoritmos comerciales profesionales a los mercados de índices. El EA utiliza
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
El Asesor Experto opera en las señales del indicador Trend Line PRO Importante! Después de comprar este asesor, póngase en contacto conmigo para obtener un segundo asesor como regalo Los pedidos se gestionan automáticamente. El EA tiene una función de recuperación que aumenta el tamaño de la orden si la operación anterior se cerró con una pérdida. Puede usar de 1 a 3 pedidos al mismo tiempo. El Asesor Experto cumple plenamente con las señales del indicador y las reglas FIFO, no utiliza la
Market Reversal Alerts EA funciona con el indicador del mismo nombre (disponible aquí) y se negocia en función de los cambios en la estructura del mercado. Por defecto, el EA realizará una operación cada vez que el indicador envíe una alerta de reversión del mercado y negociará esas alertas en función de las condiciones y los filtros que establezca en la configuración del EA. Dibuja rectángulos de soporte a medida que el precio se mueve en la dirección de la tendencia actual y opera cuand
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The "DrawDown For Prop Firm" is designed to manage drawdown levels for prop firm challenges using the MetaTrader 4 (MT4) platform. The EA aims to monitor the drawdown of the trading account and take necessary actions when the drawdown exceeds a specified trigger percentage. Example Scenario: Assume you have a trading account with an opening balance of $5000. You decide to use the "DrawDown For Prop Firm" EA to manage your drawdown, and you set the drawdown trigger percentage to 4%. EA Configurat
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