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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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
Kraken 8X
Emir Revolledo
Experts
KRAKEN 8X : L’EA MULTIDEVISES BASÉ SUR LA FORCE DES DEVISES SIGNAL EN DIRECT : 2 ans de trading réel Croissance régulière | Drawdown de 2,9 % | Compte réel, sans dépôts supplémentaires Rejoignez notre groupe public En savoir plus --> [ Lire le blog ] COMPATIBLE PROP FIRMS Filtre intégré des news restreintes FTMO | Protection du drawdown journalier | Objectif de profit journalier optionnel Solde minimum : 500 $ | Aucune DLL | Entièrement automatique Bienvenue dans Kraken 8X ! Kraken 8X est un
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Mario Miguel Marques Vara
5 (1)
Experts
Automatisez votre stratégie Fimathe MT4 - Commerce avec efficacité et précision Description : La stratégie Fimathe est largement reconnue pour sa rentabilité, mais elle est également réputée pour nécessiter de longues heures de surveillance du marché. Pour remédier à ce problème, nous vous présentons Fimathe MT4, un robot qui automatise l'exécution de votre stratégie. Comment ça marche : Fimathe MT4 fonctionne en mode "semi-automatique". Vous effectuez votre analyse et le robot exécute les tra
Friday Monday
Konstantin Kulikov
5 (2)
Experts
This EA trades a weekly GAP, opening trades on the Friday before the market close and closing trades on Monday morning. The expert works from one chart for all currency pairs:   EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURJPY, EURCHF, EURAUD, EURCAD, EURNZD, GBPJPY, GBPCHF, GBPAUD, GBPCAD, CHFJPY, AUDJPY, CADJPY, AUDCHF, AUDCAD, AUDNZD. If the symbols in the "Market Watch" have a suffix, then specify it in the expert parameter "Symbol_suffix". Signals monitoring Version for MT5 >>> Chat <<< Expe
Xyron Edge MT4
Ahmad Sidik
3 (2)
Experts
Xyron Edge is a Professional breakout Expert Advisor (EA) designed to trade market structures by utilizing swing high and swing low levels. The EA places pending orders above resistance areas and below support areas to capture breakout movements while maintaining controlled risk management. --------- EA Setting & Preset :  EA Input Settings Guide Live Signal :  https://www.mql5.com/en/signals/2395361 --------- Key Features Fully automated trading Dynamic support and resistance detection Pen
WallStreet Recovery PRO
Lachezar Krastev
5 (3)
Experts
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy WallStreet Recovery PRO: Only $217 (Save 70% — Regular price: $547) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $1044 — Yours today for just $217! How to claim: Direct message (DM) us your purchase confirmation to unlock your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Live Results:   https://www.mq
Adaptive Gold Scalper MT4
Fan Yang
5 (1)
Experts
Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience.   With proper brokerage conditions and sufficient running time, this fully automated scalp
Frontier MT4
Shane Lee
5 (1)
Experts
Real Trading Account  LIVE SIGNAL:  https://www.mql5.com/en/signals/2395124 Check Out All Our Products :   Click Here Frontier is an automated Swing Pivot Breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA identifies confirmed swing highs and swing lows from recent price structure and uses these levels to prepare pending Buy Stop and Sell Stop orders. When price breaks through a qualified swing level, Frontier enters the market with a predefined Stop Loss and
Eur Machine Pro mt4
Leonid Arkhipov
Experts
LE MARCHÉ CHANGE. EUR MACHINE PRO S’ADAPTE AVEC LUI. Pas une seule stratégie pour toutes les situations. Pas un seul signal. Pas un ensemble de règles figé. EUR MACHINE PRO commence par identifier le type de marché auquel il est confronté, puis décide seulement ensuite quelle logique de trading utiliser. Range ? Tendance ? Marché calme ? Forte volatilité ? Des conditions de marché différentes activent des modèles différents, des critères d’entrée différents et une gestion des positions différen
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Experts
Comment ça fonctionne Lorsque l'EA est actif, il analysera le graphique en fonction du paramètre Mode d'exécution. S'il n'y a pas de positions existantes sur le graphique, l'EA entrera dans un trade en fonction du paramètre. Si la tendance est haussière, il entrera dans un trade d'achat, et s'il est baissier, il entrera dans un trade de vente. Il définira également un ordre de stop loss à une certaine distance du prix d'ouverture du trade s'il existe une valeur de stop loss supérieure à 0. 0 s
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Experts
Quantum King EA — La puissance intelligente, optimisée pour chaque trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Prix de lancement spécial Signal en direct :       CLIQUEZ ICI Version MT5 :   CLIQUEZ ICI Chaîne Quantum King :       Cliquez ici ***Achetez Quantum King MT4 et vous pourriez obtenir gratuitement Quantum Queen X, Quantum Athena X, Quantum Commander, Quantum Emperor, Quantum Baron, Quantum Omni
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
EA Sweet Dreams
Vasiliy Strukov
5 (2)
Experts
EA Sweet Dreams est un système de trading de suivi de tendance basé sur mon propre indicateur. Il utilise une stratégie de grille de martingale. Cet EA convient à toutes les paires de devises et à toutes les unités de temps, mais il est particulièrement performant sur les paires en forte tendance comme XAU/USD sur l'unité de temps M15. Les résultats en temps réel peuvent être consultés   ici. Contactez-moi immédiatement après l'achat pour obtenir un bonus personnel ! Paramètres et manuel   ici  
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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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