GoodBoy

GoodBoy EA is a new concept developed after many years of Forex trading experiences.

It uses multilevel complex algorithms and multitimeframes analysis to detect trends. It trades in the direction of a strong market impulse.

The EA is optimized with it's default settings to pass backtesting from 2011 to 5-Aug-2018 (Release date).


Please visit GoodBoy's Blog for set files and other notes.


Characteristics of the EA

  • FIFO compliance option.
  • Price averaging of same kind trades (Buys separated from Sells).
  • Hidden take profit and stop loss.
  • Trend detection.
  • Volatility filters.
  • Artificial instinct module.
  • Time filter.


Recommended settings

  • EA settings: 3 important settings should be made: Use default + SET GMT offset properly, Turn Time Filter to ON, Set Starting Blance.
  • Brokers: Low commission brokers are recommended.
  • Symbol: EURUSD (M5 chart).
  • Starting Balance: 3,000 USD.
  • MT4 Spread setting for backtest: 10 (EA works properly from 0 to 25).
  • Backtest Period: 2011 to 2018 (EA is optimized over this period).
  • Backtesting Model: You can use Open Prices Only for faster backtesting, it gives 95% the same result as EveryTick


Parameters

General Parameters:

  • Trade Comment: Your comment here.
  • Magic Number: 90222.

Trading Gatekeeper:

  • Enable Smart Merlin Filter: True (Recommended).
  • Merlin Filter Value: 97
  • Merlin Calibration: 66.5424
  • Enable Artificial Instinct: True  (Recommended).
  • Artificial Instinct Value: 500
  • Instinct Calibration 1: 140
  • Instinct Calibration 2: 200
  • FIFO Compliance: False (Enable this parameter for FIFO brokers only).
  • Trade Direction: BothDirections (Forces the EA to trade in one direction only).
  • Time Filter: Yes (Allows the EA to trade according to the timer below, it is necessary to set this to YES, by default the EA has this set to No because of mql5 restriction and validation rules, you must turn the Time Filter to "Yes" or your tests will fail !!!).
  • GMT Offset: +3 (GMT offset between your broker's time and GMT time, very important to set it properly, please read the blog).
  • Start Hour: 23 (0 to 24).
  • Start Minute: 0 (0 to 60).
  • Stop Hour: 5 (0 to 24).
  • Stop Minute: 0 (0 to 60).
  • Trade on Friday?: Yes.

Lot Sizing, Take Profit and Stop Loss:

  • Lot Sizing Method: MoneyManagement (This determines the size of the starting lot to be either a fixed lot size or a risk % based on the balance of the account).
  • Fixed Lot Size: 0.01 (If FixedLot is selected, here you specify the starting trade lot size).
  • Starting Balance: 3000 (This parameter should be equal to your Starting Balance).
  • MoneyManagement Risk Percent: 0.25 (if MoneyManagement is selected here you specify the percentage of the balance to use for the starting trade lot size).
  • Hidden TP in PIPS: 10 (This sets the minimum Take Profit of a single trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
  • Hidden TP in Money: 20 (This sets the minimum Take Profit basket of the same kind trades in money, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
  • Hidden Basket SL in PIPS: 1000 (This sets the maximum Stop Loss basket of the same kind trades in pips, note that the Buy trades are separated from the Sell trades and this parameter is hidden from the broker).
  • Lot Step Short: 0.00 (This is the additional lot size for the next grid Sell trade).
  • Max Short Trades: 15 (Maximum number allowed of all open Sell trades).
  • Min Trade Distance Short: 10 (Minimum positive pips required in price change to open a next grid Sell trade).
  • Lot Step Long: 0.00 (This is the additional lot size for the next grid Buy trade).
  • Max Long Trades: 15 (Maximum number allowed of all open Buy trades).
  • Min Trade Distance Long: 12 (Minimum negative pips required in price change to open a next grid Buy trade).

Notification Parameters:

  • Send Push Notifications on DrawDown? No (If enabled sends you push notifications on your MetaTrader 4 phone app, this option requires you to have a MetaQuotes ID which you can get for free from your account settings on mql5.com).
  • DrawDown Threshold %: 50 (The threshold to trigger a push notification, once the account has a drawdown of -50%, a push notification is sent to you).
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Nauris Zukas
4.6 (10)
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Aleksandr Shurgin
Professional automatic advisor with high performance. The advisor has preset settings, trades automatically calculated or fixed lot. You can use default settings or use your preferences. The Monopolist expert uses the author's, multi-component algorithm for fast processing of market data in real time, to open short-term transactions on dynamic instruments with a small spread. The advisor's strategy is based on price action, transactions are opened with a minimum waiting time for a decision, whic
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M Ardiansyah
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MQL TOOLS SL
4.3 (37)
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
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AW Trading Software Limited
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Robot di trading avanzato completamente automatico che funziona in base alle inversioni di tendenza. Se necessario, è possibile utilizzare una strategia a griglia. 3 tipi di notifiche integrati e blocco della posizione quando viene raggiunto il carico massimo del carrello. Le impostazioni predefinite sono consigliate per EURUSD nell'intervallo di tempo M15. Caratteristiche e vantaggi: Capacità di lavorare in due direzioni contemporaneamente Capacità incorporata di lavorare in tempo in più fasi
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Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
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L'EA flessibile funziona caricando i tuoi indicatori personalizzati nell'EA per attivare segnali di acquisto/vendita e segnali TP/SL, inoltre dispone di griglia avanzata integrata, media, tracciamento e sistemi di filtraggio. Molte volte ti è capitato di prendere un bell'indicatore e di sederti a guardare le sue bellissime frecce o punti blu e rossi che spuntavano sul tuo grafico indicando segnali di acquisto/vendita che avresti desiderato solo se potessi eseguire il backtest di questo indicat
Running multiple EA's on your account and confused by who's winning and who's loosing? Try this indicator that report's in real time on the Magic Numbers in your account by reading the History_trades along with the Open_trades. Note: Manual trades are grouped under Magic Number "0". For a better visual report,  run it on a symbol that you don't execute trades on, switch the history bars to "Line Charts" and set it's color to Black.
FREE
NickZ Tool
Nicolas Zouein
This is a must have tool for a serious trader. It saves your precious time spent for opening/closing trades, creating pending trades and modifying your TP/SL in bulk according to either pips or price. If you need to quickly open several pending orders (Buy Stop, Sell Stop) at a certain distance from each other, this script will do all the routine for you! The first time you use this handy tool, you will realize it has already paid for itself. Instructions: Drag and drop this script onto a chart.
MagicClose
Nicolas Zouein
Did you ever wish if you can control how to auto close multiple trades in your account that are opened by multiple/different EA's ? Well.. Good news.. You're at the right place because now you can do this with MagicClose. Below are the inputs of MagicClose, going through them will give you a detailed idea what this handy EA is capable of: Chart timeframe: any Parameters Settings to control the Buys open trades: Enable Buys monitoring - true/false Buys Magics to monitor - Enter magic number foll
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Nicolas Zouein
4.5 (2)
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Laser Trend
Nicolas Zouein
The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Parame
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sckaraca
57
sckaraca 2018.12.07 15:48 
 

Nicolas Hi !

i rented the Goodboy to try for 1 month. is it possible to run with 500 usd ? how ?

thanks

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