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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Experts
L'Expert Advisor est un système conçu pour récupérer les positions non rentables. L'algorithme de l'auteur verrouille une position perdante, la divise en plusieurs parties distinctes et ferme chacune d'elles séparément. Une configuration facile, un lancement différé en cas de baisse, un verrouillage, la désactivation d'autres Expert Advisors, une moyenne avec filtrage des tendances et la fermeture partielle d'une position perdante sont intégrés dans un seul outil C'est l'utilisation des pertes
Adaptive Gold Scalper MT4
Fan Yang
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
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
EA Games Changer
Tjia Elisabeth Jasmine Canadi
5 (4)
Experts
IA révolutionnaire – Moyenne multipaires + Système de couverture (Étendue directionnelle intelligente) Version : Interface utilisateur interactive améliorée - MT4 (patchée) Développeur : Projet CyberBot P R E P A R A T II O N Adoptez la philosophie révolutionnaire du trading : si le trading est un jeu de hasard, pratiquez-le intelligemment. En activant jusqu’à 20 paires simultanément, la complémentarité des configurations de prix crée un point d’équilibre stable, bien plus p
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy WallStreet Recovery PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and ti
Scalp On Scalp Off MT4
Connor Michael Woodson
Experts
FastBull Market Sentiment est un flux de données qui agrège des milliers de positions représentant une valeur totale de compte supérieure à 500 millions USD. Scalp On Scalp Off est capable de récupérer instantanément ces données via une intégration API directe et de les exploiter lors de l’exécution des transactions. Le sentiment de marché est affiché directement sur votre graphique dans un panneau personnalisable et convivial. Signal en direct : CLIQUEZ ICI Transactions individuelles gérées sa
GOLD Edge PRO
Hideki Nakajima
4.86 (7)
Experts
Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle all t
Loophole System MT4
Connor Michael Woodson
Experts
Loophole System est un système de scalping intermédiaire pour les paires de devises capable de prendre des décisions basées sur une connexion persistante au Currency Strength Meter global. IMPORTANT ! Contactez-moi après l'achat pour des instructions détaillées et complètes ! Le prix actuel sera augmenté. Prix à durée limitée : 79 USD Trading à un seul coup uniquement. Jamais de grille ni de martingale. Sorties intelligentes avec trailing stop qui s'adaptent à la volatilité quotidienne Le Curre
EA Spectr
Fanur Galamov
4.9 (20)
Experts
EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered by stop loss and take profit levels. The EA does not use grid, mart
Mirror EA mt4
Vasiliy Strukov
Experts
Mirror EA est un système de trading automatisé conçu pour exécuter des transactions basées sur l'indicateur SmaSRS196, qui combine la moyenne mobile simple (SMA) et l'indice de force relative (RSI), et utilise un cadre d'optimisation sur 96 périodes. L'EA analyse en continu les conditions de marché afin d'identifier les opportunités de trading à forte probabilité. Il confirme la direction de la tendance grâce à la SMA et utilise le RSI pour détecter la force du momentum et les situations potent
Rebate Hunter
Agus Santoso
Experts
Version MT4 : https://www.mql5.com/en/market/product/90950 Version MT5 : https://www.mql5.com/en/market/product/93706 Rebate Hunter – Expert Advisor (EA) de grille de couverture multi-paires (Dynamique et Adaptative) Rebate Hunter est un Expert Advisor (EA) de grille de couverture multi-paires conçu pour générer un volume de trading constant tout en visant un profit contrôlé sur le panier. L'EA ouvre simultanément des positions d'achat et de vente (entrée couverte), puis gère les positions à
EA Gold Stuff
Vasiliy Strukov
4.7 (1091)
Experts
EA Gold Stuff est un Expert Advisor conçu spécifiquement pour le trading d'or. L'opération est basée sur des ordres d'ouverture utilisant l'indicateur Gold Stuff, ainsi l'EA fonctionne selon la stratégie "Trend Follow", ce qui signifie suivre la tendance. Les résultats en temps réel peuvent être consultés ici. Contactez-moi immédiatement après l'achat pour obtenir les réglages et un bonus personnel!  Vous pouvez obtenir une copie gratuite de notre indicateur Strong Support et Trend Scanner, v
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DrawDown For Prop Firm
Jiju Jose J
Utilitaires
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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