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Gegatrade Pro

4.67

Gegatrade Pro EA is a Cost Averaging System with a Sophisticated Algorithm.

It is secured by a built-in “News WatchDog” system that suspends trading during news events.


Trading Strategy

Gegatrade Pro EA is based on the fact that most of the time the price usually moves between the upper and lower boundaries of the trading channel.

Basing on this fact, Gegatrade Pro places its first trade, assuming that the price is going to return to its average value and take the profit which is defined.

If the price leaves the trading channel and continues further in this direction, then Gegatrade Pro starts its “cost-averaging strategy” which will add new trades from the same direction based on its Mathematical Algorithm and increase the overall position.

When a pull-back of the price occurs, Gegatrade Pro closes the whole basket of orders.

It is advised to use Low spread ECN brokers with a starting balance of 3000.


Parameters

  • UseTrailingStop — Enable or Disable the use of trailing
  • TrailingStart — the points at which trailing will start
  • TrailingStep — steps to trail in points
  • TrailingRoom — the points allowed before closing the trailing
  • Use Support Resistance Long — Use Support and Resistance Levels for Long direction
  • SR Support Resistance Long Period — The TimeFrame used for Support/Resistance Long direction
  • Min SR Distance Long — Minimum distance (in pips) between Support/Resistance Levels for Long direction
  • Start SR Long at Level — The level at which Support and resistance leveling starts for Long direction
  • Use Support Resistance Short — Use Support and Resistance Levels for Short direction
  • SR Support Resistance Long Period — The TimeFrame used for Support/Resistance Short direction
  • Min SR Distance Short — Minimum distance (in pips) between Support/Resistance Levels for Short direction
  • Start SR Short at Level — The level at which Support and resistance leveling starts for Short direction
  • EAWorkMode — switch between BacktestMode or LiveMode
  • DrawingOn — Show Past news on chart
  • ShowDashboard — Show Statistics on chart
  • ShowBalance — Show Balance on chart
  • GMTOffSetOfBroker — The GMT Offset between your broker and GMT time
  • Trade comment — a comment for trades
  • MagicNumber — Trades ID
  • MoneyManagement — FixedLot/UseMM. Use fixed lot to trade or Money management
  • Start Balance — The balance to use when MoneyManagement is chosen
  • LotSize — Lot Size
  • Risk — Percent of the "start balance" to use for trading
  • TradingDirection — The direction you wish to trade
  • MaxSpread — Maximum spread to allow trades (recommended 10 points or bellow)
  • PauseLong — Pause long trades
  • PauseShort — Pause short trades
  • MartingalePauseLong — Pause the Martingale for long direction
  • MartingalePauseShort — Pause the Martingale for Short direction
  • TakeProfitLong — Take profit for Long trades
  • TakeProfitShort — Take profit for Short trades
  • Use_SL — True/False
  • Stop Loss Long Percent Balance — Stop loss for long direction
  • Stop Loss Short Percent Balance — Stop loss for Short direction
  • Short Minimum Distance level 1 till 10 — The minimum distance in pips between levels
  • Long Minimum Distance level 1 till 10 — The minimum distance in pips between levels
  • List of symbols for news filter — Currency Symbols to choose for filtering the news Example: USD,EUR,GBP,CHF
  • Show lines for news in the past — Show old news on chart
  • Pause Long or Short before an importance News — Each of the 12 pause inputs will pause number of minutes before or after a News Event
  • PauseAfterLevel — Pause trading after a certain level
  • PauseLongAtLevel — level to pause at for Long Trades
  • PauseShortAtLevel — level to pause at for Short Trades
  • DrawdownInCash — amount that you wish to receive Push Notification when it is reached
  • SendPushNotificationOnDD — send Push Notification about your DrawDown
  • SendPopupAlertOnDD — Alert from your MetaTrader 4 about your drawdown
  • StartTradingInMondayTime — Time to start trading on Mondays
  • EndTradingInFridayTime — Time to stop trading on Fridays
  • PauseBasketOnNews — This will pause adding more trades when News event is active
  • MinBarDistanceLong — minimum bars to allow a long level
  • MinBarDistanceShort — minimum bars to allow a short level
  • UseCounterTrades — Use Hedge yes/no

Counter trades (Hedge) lot size calculates as percentage of main lot size. 
Example: if initial lot is 0.10 and CTinitial lot is 0.3, then CTinitial lot will open 0.03 lot.

  • CTInitialTradeLotSize = 0
  • CTLotSize_1 = CTLotsize corresponds to percentage of each main level, there is 10 Levels to set you can define each CTLotsize with a percentage of the main Level.
    Example: Main level 5 = 0.10 lot, CtLotSize_5 = 0.5, then the lot size for countertrade level 5 will be 50% from the main level 5, which is 0.05 Lot Size
  • StartCounterTradesFromLevel — the level at which CT will start
  • CounterMagicNumber — a unique number for CT trades
  • HedgedAveragePricePips — the average pip in profit at which CT + main basket close
  • UseMAfilterLong — moving average filter for long direction enable/disable
  • MAperiodLong — moving average period for long direction
  • MAlevelLong — moving average level to allow Long direction (in points)
  • MaLongTriggerDirection — above or below the MA to trigger a long trade
  • MaLongTimeFrame — Timeframe used for MA filter
  • UseMAfilterShort — moving average filter for short direction enable/disable
  • MAperiodShort — moving average period for short direction
  • MAlevelShort — moving average level to allow short direction (in points)
  • MaShortTriggerDirection — above or below the MA to trigger a short trade
  • MaShortTimeFrame — Timeframe used for MA filter

In order for the "News WatchDog" Feature to function, you should check box Allow WebRequest and add “http://news1.gegatrade.com” into your WebRequest URL list.

Avis 20
Martin Metzler
793
Martin Metzler 2018.12.12 20:55 
 

Great EA with steady profit and live signals from the developer!

Very good support from David!

Thumbs up and many thanks!

iguana007
116
iguana007 2018.08.05 21:40 
 

Really good EA !!! 5 Stars for David and Very good support

Pablo Ivan Parra Pedraza
58
Pablo Ivan Parra Pedraza 2018.06.27 17:58 
 

Excelente Ea y soporte por parte de David ,me gusta mucho todos los perfiles que uno puede usar.

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EA has a live track record with 48 month of stable trading with low drawdown: Live performance MT5 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timefra
2 000 USD
SouthEast
Sugianto
5 (13)
South EAst EA uses virtual trade in determining position entry and does not use indicators, and it doesn't require complicated settings because user just needs to upload the already available setfile. Currently there are setfiles for more than 20 fx pairs and 2 setfile for GOLD and SILVER IMPORTANT!  for a full support and to get instructions on how to set up, pls leave a message on comment tab after making a purchase Signals:   here  | MT5 version : here   Needs: + VPS with good internet con
600 USD
Phoenix Rig EA MT4
Sof'ia Vlasova
5 (2)
Phoenix Rig EA: The Advanced Correlation Matrix Expert Advisor is a state-of-the-art trading tool that combines correlation matrices, Convolutional Neural Network (CNN), and Long Short-Term Memory (LSTM) to identify trading opportunities. Using cutting-edge machine learning algorithms, Phoenix Rig EA analyzes relationships between financial instruments, revealing hidden patterns and trends. By executing trades based on correlated and counter-trending assets, it maximizes risk-adjusted returns. T
699 USD
Nexus EA Forex
Enrique Enguix
4.72 (29)
Découvrez le pouvoir du trading et OSEZ ÊTRE UN GAGNANT dès maintenant ! >>> En 2010, je me suis retrouvé au même point que vous : à la recherche d'un moyen infaillible de réaliser des bénéfices constants grâce au trading. Cependant, j'ai découvert que ce n'était pas aussi simple que certaines publicités le laissaient entendre. Au fil du temps, j'ai découvert les secrets pour gagner de l'argent sur les marchés et je veux les partager avec vous. >>> Oubliez la recherche des soi-disant "gouro
789.21 USD
Mighty Makers EA MT4
Sergey Simakov
4 (4)
Introducing Mighty Makers - Your Path to Informed Investing. Investment decisions can often feel overwhelming for investors. However, with Mighty Makers, you can seize control and make well-informed choices. Our cutting-edge system is designed to provide you with up-to-the-minute information by analyzing vast amounts of real-time market data. Through advanced algorithms, we identify patterns and trends, delivering personalized recommendations that align with your unique investment preferences. O
1 299 USD
Greed
Aleksandr Shurgin
This scalper Expert Advisor is designed for trading the major currency pairs. The EA works on any timeframe. It uses dynamic pending orders with ability to filter them for their deletion. If necessary, this function can be disabled and the entries will be performed by market. The algorithm includes several scalping strategies. Orders are managed by means of a complex customizable trailing, which allows closing deals at the lowest cost. Reconfiguration of the EA parameters can significantly chang
2 800 USD
Darwin Evolution MT4
Guillaume Duportal
4.82 (11)
Darwin Évolution !!     1490 USD vers 990 USD     Durée limitée (offre valide jusqu'à l'arrivé de la prochaine mise à jour, ne perdez pas de temps) !!! Vous ne pouvez pas faire de backtest de cet EA, car MT4 ne gère pas la multi-paires simultanée. Darwin a besoin des 28 paires pour le calcul des indicateurs !! DESCRIPTIONS : -- Pour comprendre le fonctionnement, venez lire le blog (Cet EA reflète ma philosophie du trading forex…Si vous aimez ma façon de voir les choses, alors vous aimer
999 USD
Best Definition   is trend trading. The expert system goes through the whole history for most currency pairs with simple settings. The bot has a very developed internal architecture. Works with pending orders. Can work with trailing stop for pending orders. With trailing stop for real orders. For pending and real ones, you can set separately stop loss and take profit. The bot can also work with virtual top loss and take profit. The Expert Advisor can be launched on any hourly period, any curr
1 499 USD
NightVision EA
Alexander Kalinkin
4.28 (25)
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/en/signals/author/dvrk78 Ask me for   the   recommended FX
550 USD
Nas100 Scalping EA
Moustapha Boulouz
Présentation de l'EA ultime pour les traders cherchant à négocier les mouvements de prix à court terme dans l'indice NAS100 - l'EA scalping NAS100 ! Notre scalping EA est un logiciel de trading automatisé qui profite de la dynamique ouverte de la Bourse de New York. L'EA identifie les opportunités de trading à haute probabilité et est conçu pour exécuter des transactions rapidement en capturant de petits mouvements de prix en quelques minutes. Avec notre NAS100 scalping EA, vous bénéficierez d'u
5 000 USD
Argument
Aleksandr Shurgin
5 (1)
The functionality of the expert-scalper "Argument" is provided by flexible parameter settings, well-thought-out protective functions, and the absence of dangerous money management methods. All positions have a stop loss and take profit, closing is carried out through flexible, customizable trailing. Spread and slippage control. The EA works on any timeframe. You can trade simultaneously on several different instruments by placing an Expert Advisor on the chart of each of them. When trading on s
5 000 USD
Bonnitta EA
Ugochukwu Mobi
3.67 (21)
Bonnitta EA est basé sur la stratégie Pending Position (PPS) et un algorithme de trading secret très avancé. La stratégie de Bonnitta EA est une combinaison d'un indicateur personnalisé secret, de lignes de tendance, de niveaux de support et de résistance (action sur les prix) et de l'algorithme de trading secret le plus important mentionné ci-dessus. N'ACHETEZ PAS UN EA SANS AUCUN TEST EN ARGENT RÉEL DE PLUS DE 3 MOIS, IL M'A PRIS PLUS DE 100 SEMAINES (PLUS DE 2 ANS) POUR TESTER BONNETTA EA
5 750 USD
Darwin Swing MT4
Guillaume Duportal
4.77 (13)
Darwin SWING Prix de lancement 999 USD , futur prix 1490 USD DESCRIPTIONS : -- Pour comprendre le fonctionnement, venez lire le blog (Cet EA reflète ma philosophie du trading forex…Si vous aimez ma façon de voir les choses, alors vous aimerez mon EA. Prenez le temps de le faire !! (Le forex n’est pas une course) : https://www.mql5.com/en/blogs/post/745790 -- Pour voir les performances passées voici les liens des signaux Live et démo signals : https://www.mql5.com/en/users/tradedea
999 USD
Professional expert Effect Trader analyzes the market using a special algorithm. The basic principle is that the bot takes the indicated prices for a certain period of time and calculates the strength and amplitude of the price by checking it with its own indication system based on actual data. The moment is fixed when the trend loses strength and reverses, and then the previous series closes and a new one is prepared. The bot also analyzes its own overbought/oversold signals in its algorithms.
899 USD
Black Ultra
Vitalii Zakharuk
It is recommended to run the Black Ultra bot on highly volatile pairs or during periods of high volatility. Black Ultra is trend trading. The bot has a very developed internal architecture. Works with pending orders. The mechanics of the Black Ultra forex bot are determined by the basic Trailing Stop orders that it uses to enter and exit its positions. Once you understand how they work, Black Ultra will be an open book for you. Able to work with trailing stop for pending orders. With trailing s
699 USD
Celestia EA
DENIS BRAUN
5 (1)
Celestia - Your Stellar Companion in Automated Trading Real Account Celestia EA medium risk  https://www.mql5.com/de/signals/2051245 Description:   Introducing Celestia, your cutting-edge automated trading companion designed to illuminate your journey in the dynamic world of financial markets. Powered by advanced algorithms and state-of-the-art technology, Celestia stands as a beacon of precision and efficiency in the realm of algorithmic trading. Key Features: Galactic Algorithms:   Celesti
1 000 USD
Plus de l'auteur
Breaking News
David Zouein
3.67 (3)
Breaking News Expert Advisor is a state-of-the-art news trading system. The EA analyzes the market during the most critical news announcement periods and determines the entry levels based on the finding of price fluctuations during that periods. The direction of the trade is determined by the EA's clever adaptive system. The unique clever way the EA auto-manages your trades cuts drawdowns to the minimum enabling you to start with a low balance like $50. The EA has a minimum set of inputs for sim
500 USD
GegaTrend
David Zouein
Gegatrend EA is a cost averaging system with a sophisticated algorithm. It is secured by a built-in “ News WatchDog ” that suspends trading during news events. For full description: https://www.mql5.com/en/blogs/post/711269 Watch how it works: https://youtu.be/j17AR3uq6yI Parameters SR timeframe long — timeframe for support/resistance leveling long direction. SR distance long — minimum distance in pips between long trades. SR level long — the number of trades to start using SR levels for long
500 USD
Gegatrade Advanced
David Zouein
5 (1)
Gegatrade Advanced EA is a state of the art Cost Averaging system It is secured by a built-in “ News WatchDog ” that suspends trading during news events the EA has lot of preset configuration files that can be downloaded from its Blog For full description visit the Blog :  https://www.mql5.com/en/blogs/post/720582 Trading Strategy The EA uses different strategy to each pre-set file which can all be downloaded from the Blog Gegatrade Advanced is open for the user to define his own
400 USD
Filtrer:
m4xwe1188
528
m4xwe1188 2020.01.13 12:50 
 

The EA hasn't taken any trades for a long time. Anyone else having this issue?  GMT offset is correct. But it's just not taking positions after months. No response from David. Will update review if the problem is solved.

Martin Metzler
793
Martin Metzler 2018.12.12 20:55 
 

Great EA with steady profit and live signals from the developer!

Very good support from David!

Thumbs up and many thanks!

patagoniax
520
patagoniax 2018.10.31 10:09 
 

It does not take any position other than AUDNZD.

What?

We are using all the set files distributed.

I will update my rating once this problem is resolved.

Yongqiang Chao
422
Yongqiang Chao 2018.09.28 17:53 
 

All Martin's EA will explode sooner or later. And this EA is selling too expensive.

iguana007
116
iguana007 2018.08.05 21:40 
 

Really good EA !!! 5 Stars for David and Very good support

Pablo Ivan Parra Pedraza
58
Pablo Ivan Parra Pedraza 2018.06.27 17:58 
 

Excelente Ea y soporte por parte de David ,me gusta mucho todos los perfiles que uno puede usar.

Ghero
519
Ghero 2018.05.08 10:26 
 

I have tested Gegatrade extensively for a month both on Demo and Real account and using multipair. It's a very good and profitable EA. If you pay attention when price is strongly trending and you have a proper money managment, you will have for sure satisfactions. In my humble opinion, his last setfile, USDSGD, is near to the state of art. Thank you David

Khairi Jaafar
240
Khairi Jaafar 2018.04.13 03:22 
 

Great EA. You need to have proper money management as mentioned by David. Recommended!

hammiebal
428
hammiebal 2018.04.04 16:12 
 

After 3 months still great support from David. If you follow his rules and watch the big news changes you will be fine :-)

---

22-12-2017 Still one of the best EA's arround. If you stick to your smart money management plan it can be very profitable.

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4-4-2018 I had some problems with my MT4 and David fixed it, I love the M15 trail EURUSD, M5 EURUSD (aggressive) and the M5 EURCHF setfiles

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29-8-2018 Still happy with Gegatrade. I am not using AUDUSD and USDSGD anymore (need some tweaking) All other setfiles are doing great for me. I am using icmarkets ecn for fast execution and small spreads

Serafin Perez
2710
Serafin Perez 2018.03.22 17:12 
 

Lo más grande de este ea, aparte de su rentabilidad, es que perdura en el tiempo. Ha llegado a ser y es todo un clásico, pero lo mejor es que cada actualización se presenta como un producto nuevo y mejor si cabe que el anterior. La gran sorpresa y la honradez que deja el autor, es que este producto sigue unas pautas de mejora que nadie es capaz de mejorar en el contexto. Me explico, hay autores que lanzan el producto y más adelante lo abandonan pero sacan un producto con otro nombre que bien podría ser una continuidad del mismo; en este caso esto no pasa aquí, en Gegatrade se sigue una línea en el tiempo de mejora que invita a tenerlo en Metatrader porque es un producto que brilla y su autor sabe como hacerlo brillar. Es un producto sorprendente si sigues las pautas de su autor que ha dejado escritas en su admirable blog.

Getrade es sorprendente y según pasa el tiempo no se degrada.

Pienso que es el mejor EA que tengo sin excepción.

Número UNO.

(Soy incapaz de decir nada malo de Gegatrade y sin embargo a veces pienso que debería de dejarlo para mi intimidad. Me sigue sorprendiendo día tras día y creo que debo compartirlo.)

HamidKouidri
90
HamidKouidri 2018.03.06 19:36 
 

I have purchased the EA the beginning of this week and I am running it on few Demo's. Testing few set files provided in the blog and so far so good. David was very quick in helping me through TeamViewer when I had a problem with the news feed. I will update the end of the month.

Felixu
730
Felixu 2018.02.21 23:32 
 

I can vouch for consistent performance over the past 1 year. Excellent support from the vendor.

Highly recommended. After 10 years of forex trading, mostly with robots, this is the first one I have seen that has stood the test of time and is realistically priced.

Keep up the good work David!!!!

ropeganika
67
ropeganika 2018.01.05 10:33 
 

Best EA i bought

Wei Hu
2501
Wei Hu 2017.11.30 15:51 
 

testing

Hongjun Yu
2079
Hongjun Yu 2017.11.03 11:42 
 

很好用的ea,持续盈利中,交流QQ14186728(gega)

Wai Julia Cheung
193
Wai Julia Cheung 2017.11.03 03:04 
 

Good EA

High profit

Low MDD

Nice Guy

5 Stars x 20

Trader211
213
Trader211 2017.09.02 05:19 
 

Works well :)

[Supprimé] 2017.08.26 01:08 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Fengbiao Dong
249
Fengbiao Dong 2017.08.23 07:44 
 

刚买入正在测试中

tomvanosselaer
370
tomvanosselaer 2017.07.11 16:17 
 

Verry nice ea Whit contineu profit every day nice profits!

thanks for the EA!

Répondre à l'avis
Version 5.9 2018.07.06
Added past news till June 2018
Changed set files
Version 5.8 2018.03.29
Added Past News events for April 2018
Fixed Blinking News lines on the chart
Version 5.7 2018.03.23
Added Past News Events until March 2018.
Now past News Events built into the EA are from January 2015 until March 2018 for all Major Pairs.
New set files can be found under the Blog:
https://www.mql5.com/en/blogs/post/677491
Version 5.6 2018.03.06
Fixed flickering of News lines on the chart.
a small glitch that does not affect trading.
Version 5.5 2018.02.09
Added Past News events till January 2018
Added Trailing Capability
Optimized the code
Version 5.4 2017.10.04
Fixed counter trades
Added past news for September 2017
Version 5.3 2017.09.21
Fixed Stop Loss when using Hedge
Added Past history till August 2017
fixed Money Management to work with Hedge
Version 5.2 2017.07.14
Added Hedging
Added Past news till June 2017
Added Moving Average Filter
for details visit https://www.mql5.com/en/blogs/post/677491
Version 5.1 2017.05.17
Added past news till April 2017
Version 5.0 2017.03.09
For detailed description visit the Blog https://www.mql5.com/en/blogs/post/677491

1-Added Leveling based on Resistance and Support
This opens up trading to wide number of pairs

Added past News from 2015 till 2017 Jan
Added Stop loss for each direction seperatly based on % account balance
Added show Take Profit Line
Changed the WebRequest Address
Tuned the Algorithm
Version 4.8 2016.11.18
Past News updated till October 2016
Version 4.6 2016.09.05
Dashboard error fixed
Version 4.5 2016.09.02
1. Opened the code, so that users can set the distance to each martingale level differently
2. Added function to limit the martingale during slow trends
3. Updated the past news to cover July 2016

More details: https://www.mql5.com/en/blogs/post/677491
Version 4.0 2016.08.10
Fixed news download error for users with bad Internet
Version 3.9 2016.07.18
News Download Error Fixed
Version 3.8 2016.06.22
StartTradingInMondayTime - start trading at any time you define after market opens on Mondays (broker time)
EndTradingInFridayTime - ends trading at the time defined before market closes on Fridays (broker time)
Updated the past news till June 9
Version 3.7 2016.06.03
- Added Time to trade filter
- Injected past news inside the EA from January 2015 till May 2016
Version 3.5 2016.05.11
1 - Past News from January 2015 till February 2016 Injected into the EA
2 - Each Direction can be configured differently to pause at the News Events
3 - "PauseAfterLevel" This function lets you pause the EA when it reach a curtain level of its Martingale.
Increase the number and EA continue where it left.
4 - SendPushNotificationOnDD send Push Notification about your DrawDown.
5 - "DrawDownInCash" amount that you wish to receive Push Notification when it is reached
Version 2.55 2016.04.22
Stop Loss small Bug Fixed.