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Lorraine Pierce  

This EA has been in development for over 5 years. This is version 13. There are many youtube videos on my channel about this EA, and how it works, but please keep in mind that this version was just released October 14, 2020. So youtube video from 4 years ago may vary from how the EA performs now. 

I generally sell it for $249 on my website, but offering it at a much lower price here on the marketplace in order to get some users, reviews, comments, etc...

This EA has a slew of options, hence numerous settings may or may not be optimal; i.e. "close on candle close" parameter is great for higher time frames like H4 or Daily, but you wouldn't be wise to use it on M1 ;) 

I'm hoping that getting many users, we can find the numerous options for best settings/pairs/parameters for profit. Of course profit is going to vary from one user to another, depending on broker, spreads, lot size, slippage.  

If you have any questions, please post them here. 

English is my native language, so if you speak another language and have a question for me, please use google translate.

Lorraine Pierce  

The ZX Plus trading EA was developed over 5 years ago and has had 13 revisions/updates over the years. It is a trend based system and FIFO compliant. 

It's based on a number of built in indicators that work like this:

  • The system waits for a level 3 semafor (which shows highest high or lowest low that's at an important level).
  • Then it knows to look for a buy or sell based on the following
  • Slow moving average turns blue for buy, red for sell
  • Fast moving average turns blue for buy, red for sell
  • Heikenashi Zone Trade candle is same color as both moving averages (red for sell, blue for buy, gray is neutral)
  • The ZXplus-d  indicator turns same color blue/red (this is a MacD type of trend indicator built into the EA. Barely visible at bottom of this image)
  • Once all conditions are met, the EA places one trade 
  • Where it Exits is YOUR CHOICE!
  • Default is close gray/close gray profit set to "true"
Lorraine Pierce  

IMPORTANT

You MUST choose both Exit by Gray HA  and CLose Profit Gray HA for the EA to close ONLY in profit on a gray candle. It is risky to not have a SL using this setting. 

If you choose JUST "Exit by Gray HA" it will close on next gray candle (profit or loss)

Stephanie Nicole Chavez  
Could you please share and or develop some set files :) Any timeframe or instrument that you think would yield highest return with lowest DD :) I’m not very good with backtesting or developing set files and haven’t had much time recently :( plus nobody knows your EA as intimately as you do; thank you very much for your time and hard work!
Lorraine Pierce  
Stephanie Nicole Chavez:
Could you please share and or develop some set files :) Any timeframe or instrument that you think would yield highest return with lowest DD :) I’m not very good with backtesting or developing set files and haven’t had much time recently :( plus nobody knows your EA as intimately as you do; thank you very much for your time and hard work!

Hi Stephanie,

This is the preset I use for most pairs on M15. It will close on gray candle in profit, or SL at 20 pips.

File:
M15.set  2 kb
jflor149  

Hello Lorraine i purchase your Robot. can you share a good set up of the ea to expect high profit.  also what the recommended amount to start with this EA 


thanks 

Lorraine Pierce  
jflor149:

Hello Lorraine i purchase your Robot. can you share a good set up of the ea to expect high profit.  also what the recommended amount to start with this EA 


thanks 

Hello,

While I cannot claim a certain profit, per MQL5 rules, the preferred closing method for small accounts is Exit Gray HA set to true, and Close Profit Gray HA set to TRUE. 

You'd also want to set a SL....10 pips is good for M15.....20 pips for M30.....etc...higher tf larger SL needed for market to breathe. 

Also, if you set money management to TRUE and choose your risk as 1%, you can start with a very small amount, like $100. It will set it to .01 lot size.

David.fdl  
Hi, available for mt5?
Miles Ramaphosa  
Hi L, I am struggling with the link, are you able to send the EA on email? or is it possible to get it from your website? very desperate for this EA I've been hearing wonderful things about it. 
Lorraine Pierce  
Miles Ramaphosa:
Hi L, I am struggling with the link, are you able to send the EA on email? or is it possible to get it from your website? very desperate for this EA I've been hearing wonderful things about it. 

Hello,

Try logging into your mt4 platform, open terminal and then click on the market tab. Login to MQL5 and do a search for the EA. Then download it.

Lorraine Pierce  
David.fdl:
Hi, available for mt5?

Hello,

Not at this time. Sorry. 

suzbox  

Hi 

I have downloaded the EA from the market tab on the mt4 platform as you suggested above. I then applied the ea to the chart but the chart does not change no indicators arrows or anything changes, the chart remains the same. The ea is visible in the top right corner. Please help explian how I get the ea to work.

Lorraine Pierce  
suzbox:

Hi 

I have downloaded the EA from the market tab on the mt4 platform as you suggested above. I then applied the ea to the chart but the chart does not change no indicators arrows or anything changes, the chart remains the same. The ea is visible in the top right corner. Please help explian how I get the ea to work.

Hello,

MQL5 doesn't allow you to include indicators with an EA, but you can get them in my discord group. https://discord.gg/JgKaVB9q

dwnjacobs  
Lorraine Pierce:

Hello,

MQL5 doesn't allow you to include indicators with an EA, but you can get them in my discord group. https://discord.gg/JgKaVB9q

Good day  i have downloaded it but i cant connect to the discord channel.  the EA is setup according to you 15m.set file  but dont know if it works and then id also like to get the indicators and stuf on
Stephanie Nicole Chavez  
Glad I paid over $100 for an EA that is now free.. great way to support your existing customers! 
Stephanie Nicole Chavez  
Glad I paid over $100 for an EA that is now free.. great way to support your existing customers! 
Stephanie Nicole Chavez  
Upon reaching out to the author in regards to this issue I was met with nothing but rudeness. Screenshot attached. I have launched a formal complaint with mql5 regarding this as I believe she is in violation of article 9 of section IX. Termination of Service without Prior Notice in Case of Serious Violations of Terms of Use. I believe she has taken action (making the product free) that both circumvents and defeats the security of the content that was previously sold (price barrier being what was previously protecting said security) and thus affecting its functionality and digital rights management.

I will keep this thread updated in hopes of helping anyone else that feels like they have been wrongfully treated by this seller. 

If you also feel that way, please submit a complaint to mql5. It will help us achieve a resolution faster and bring this seller to justice. Thank you for your time! 
Lorraine Pierce  
Stephanie Nicole Chavez:
Upon reaching out to the author in regards to this issue I was met with nothing but rudeness. Screenshot attached. I have launched a formal complaint with mql5 regarding this as I believe she is in violation of article 9 of section IX. Termination of Service without Prior Notice in Case of Serious Violations of Terms of Use. I believe she has taken action (making the product free) that both circumvents and defeats the security of the content that was previously sold (price barrier being what was previously protecting said security) and thus affecting its functionality and digital rights management.

I will keep this thread updated in hopes of helping anyone else that feels like they have been wrongfully treated by this seller. 

If you also feel that way, please submit a complaint to mql5. It will help us achieve a resolution faster and bring this seller to justice. Thank you for your time! 

I am sorry you took my comments as rude. I strive to be polite and professional in all my business correspondence. I have attached screenshots of our conversation, should others want to view it. 

Tuffuor  

Hi Lorraine,

is it possible to send the indicators/template? So i can see exactly when the EA places trades and if it matches the arrows etc. it will also allow me to set better settings for the EA. 

Thanks

Lorraine Pierce  
Tuffuor:

Hi Lorraine,

is it possible to send the indicators/template? So i can see exactly when the EA places trades and if it matches the arrows etc. it will also allow me to set better settings for the EA. 

Thanks

Hello,

The indicators are available for free in my discord group. You are welcome to join https://discord.com/invite/HKKGYhzTVS

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