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Magic EA MT5

Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author.

The EA works with low margin levels.


Using EA :


The EA is very simple and without complicated input parameters.

These are main parameters must be set :

  • General Options
  • Time Frame : Time frame for trading.
  • Trade Type : Long/Short/Both/No-Hedge
  • Stop Trading : if true, EA don't open a new position. Only manage already opened.
  • Minimum Distance to Open New Position : Distance to ignore new signals if older positions exist.
  • Maximum Spread to Open Position : Spread to stop trading
  • Magic Number : Any constant ID.
  • Show Panel On Chart : Shows report of positions on chart with the option of manual closing them.
  • Closing Positions
  • Take Profit : TakeProfit in Points
  • Action for in-Loss Positions : Averaging-Add,Averaging-Multiply, StopLoss, WaitforTP
  • Stop Loss : StopLoss in Points. Only act if the StopLoss option selected above.
  • Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
  • Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
  • Averaging Volume Add : Volume adding if averaging selecting above.
  • Averaging Maximum Volume Per Trade
  • Averaging Maximum Number of Trades
  • Volume Settings
  • Volume Calculation Method : Fixed, Dynamic Lots or Risk Percent based on Balance/Equity/Free Margin
  • Fixed Lots : Volume of trading
  • Lots Per 1000 : Volume per 1000 Balance/Equity/Free Margin
  • Risk Percentage
  • Maximum Volume Per Trade
  • Minimum Volume Per Trade
  • Trailing/Break Even
  • Trailing Stop Loss : Enable/Disable Trailing Stop
  • Trailing Start : Trailing Start Distance in Points.
  • Trailing Stop : Trailing Stop Loss Distance in Points.
  • Trailing Step : Distance to apply Trailing Stop Loss in Points.
  • Break Even : Enable/Disable Break Even
  • Activate Break Even After Loss : Distance to apply Break Even in Points
  • Day and Time Filters
  • There are options to stop trading on specific days and hours
  • News Filter Inputs
  • Block Trading During Low Impact News
  • Minutes Before/After Low Impact News
  • Block Trading During Medium Impact News
  • Minutes Before/After Medium Impact News
  • Block Trading During High Impact News
  • Minutes Before/After High Impact News
  • Notifications


* All above default point inputs are for 5digit accounts. if your account is 4digit use 0.1x numbers.


Optimizing EA :


(important) Optimize EA for the last 6 month before using, and update optimization every 1-2 month.

There is no any parameter to optimize EA signal engine. The only parameters are user money management inputs.

Optimization of EA is so fast and easy. We recommend these Optimization inputs :

  • Load all Default Values
  • Test with Every Tick Based on Real Ticks
  • Time Frame Bounds : M5 to D1
  • Take Profit Bounds : 100 to 1000 step 100 (10 to 100 step 10 for 4digit accounts)
  • Averaging Distance Bounds : 500 to 8000 step 500 (50 to 800 step 50 for 4digit accounts)
  • Averaging Volume Multiplier  Bounds : 1 to 5 step 0.5

It is strongly recommended to optimize EA based on the example demonstrated in the video.


Recommendations and Using Conditions :

  • EA Only works on Hedge Accounts (netting is not supported)
  • You can run EA on several charts and symbols. Try to use different Magic Number input for each chart.
  • If you attach EA to multiple charts, decrease volumes to reduce your risk.
  • To enable News Filter, Visit How to Setup News Filter.


We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.


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Me gustaría compartir mi experiencia en el trading contigo. Empecé en 2010 y como muchas personas, buscaba aprender cómo generar ganancias consistentes en el mercado financiero. Sin embargo, me di cuenta de que no era tan fácil como se prometía en algunos anuncios.   Aprendí que ganar en el trading requería esfuerzo y paciencia , y que era importante no caer en la tentación de seguir a las llamadas "estrellas" del mercado que prometen ganancias rápidas y fáciles. En lugar de eso,   me enf
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Have you heard about Machine Learning, Chat GPT, Neural Networks and Artificial Intelligence? Well, Proven EA has none of it. It is also NOT based on Moon Phases and Stars positioning. "Proven EA" is a 100% adaptive expert advisor based on old, well known and proven principles. Trend is your Friend. Cut losses quick and let the gains grow. No Gambling. It detects the trend on a higher timeframe, waits for a pullback / retrace on a lower timeframe and places a trade in direction of trend with a
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Ai EuRUsD MT5
Tais Miranda Hoffmann
4.17 (42)
Only 5 copies for $240, next price: $260(3 copies left) For testing, in the settings, it is better to enable the full trade option. An expert based on artificial intelligence ( AI ) For EURUSD in time frame 15 and 30 minutes, 1 and 4 hours and daily With Relatively large number of signals (To receive all the signals: activate the full trade option in the settings and run the expert at the same time in several time frames) Has a TP and a SL Without the use of dangerous strategies suc
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Positive
Ervand Oganesyan
3 (2)
Este texto es una traducción automática del inglés. Pullback EA para el comercio de pares de divisas. Realiza un seguimiento de las acciones de precios intradía de divisas específicas y, dependiendo de la naturaleza de estas acciones, abre operaciones con la expectativa de volver a los niveles de precios iniciales. Optimizado para operar en los 28 pares de divisas de USD, EUR, GBP, JPY, CAD, CHF, AUD, NZD. Actuación en vivo:   AUDNZD  |   EURCHF  |  Positive Periodo de tiempo. M15. Pares de divi
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Hello there! Allow me to introduce you to the newest member of my team - a unique super advisor that will help you win in the market. My advisor is a cyber warrior ready to challenge any trading opponent and lead you to victory. With Metal Eagle, you can move away from standard trading strategies and explore new, uncharted paths. Equipped with the most advanced technologies and powered by The Investment Innovator's machine learning capabilities, my super advisor analyzes data in real-time and c
599 USD
Quantum Gold EA MT5
Bogdan Ion Puscasu
5 (1)
Presentamos   Quantum Gold EA   , nuestro asesor experto en MQL5 más avanzado, destinado a cambiar la forma en que comerciamos con ORO utilizando una estrategia comercial de acción de precio avanzada. Planeamos ofrecer el Asesor Experto de comercio de ORO más avanzado, ¡así que aquí está! Si es un operador ambicioso que busca encontrar oro en los dinámicos mercados financieros, nuestro Asesor Experto es su compañero perfecto. Se dirige específicamente a las operaciones de GOLD (XAUUSD), lo que
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Turbo Scalping
Vladimir Mametov
5 (1)
Scalping trading advisor working on the EURUSD currency pair. The EA quite often and accurately opens orders using two types of strategies. The algorithm of the adviser is based on determining the strength of the market and the formation of pivot points. Orders are closed by Take Profit, Trailing or Stop Loss.   Expert Advisor settings optimized for the Roboforex broker. Minor optimization of input parameters for other brokers may be required. The Expert Advisor can work on various financial ins
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XG Gold Robot MT5
Marzena Maria Szmit
5 (1)
XG Gold Robot MT5 is specially designed for Gold. After extensive testing , we decided to include this EA in our offering. XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR  pairs. The list of these pairs is editable , so you can add additional Gold-related pairs.  XG Gold Robot  has been created for all traders who like to  Trade in Gold . The EA includes a function that displays  weekly Gold levels  with the minimum and maximum displayed in the panel as well as on the chart, whic
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GoldenTron MT5
PETER OMER M DESCHEPPER
5 (1)
I am a software engineer with +10 years coding experience and +8 years of trading experience. My goal was to provide the BEST, MOST ROBUST, LONG TERM expert advisor on the market. Many inputs and logics are deeply tested and being considered. 2/5 COPIES LEFT UNTIL THE NEXT PRICE INCREASE WILL OCCUR, THIS WILL HAPPEN EVERY 5 COPIES TO ENSURE GOLDENTRON STAY IN A SMALL GROUP. What is the most important goal of an expert advisor? Many would say to provide long term income. This make sense, however
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Razor MT5
Anton Kondratev
5 (2)
RAZOR es un Sistema Multimoneda, Abierto y Totalmente Automatizado. Configuración predeterminada para AUDCAD M15 para un gráfico La estrategia se basa en el seguimiento de los fuertes movimientos de mercado de retorno de las divisas AUD + CAD + NZD. Inicialmente, el Algoritmo utiliza el mecanismo Scalper de Alta Precisión. Luego, el mecanismo Grid se activa para aumentar los ingresos durante una pequeña reducción. La configuración estándar le permite operar en tres pares de divisas principale
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Bugatti EA
Artem Minchuk
3.33 (12)
Introducing the Bugatti Ea, which takes trading to a new level. With the power and speed of a luxury sports car, Bugatti's artificial intelligence and Rosenblatt Multilayer Perspectron neural network combine advanced trading algorithms to help you make smarter trading decisions. With real-time market analysis, expert insights, and lightning-fast execution, Bugatti Advisor helps you stay ahead and take advantage of trading opportunities. Whether you're a seasoned professional or just starting ou
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Versión 1.7 2023.01.28
Minor updates on signal engine and trading engine.
Versión 1.6 2022.02.24
Rebuilt to fix MT5 compiler Access violation error.
Versión 1.5 2022.02.18
Update due to change of news address from http to https
Change the address of webrequest on terminal settings to https://ec.forexprostools.com/
Versión 1.4 2022.02.06
Just recompiled by previous release version of MT5 based on issues on the current beta version.
Versión 1.3 2022.02.05
Added compatibility with FIFO Rules + Some other minor updates.
Versión 1.2 2021.10.04
Optimized Speed of Strategy Tester
Versión 1.1 2021.08.11
Updates to make it compatible with the new build of MT5 terminal.