Magic EA MT4

3
Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author.


The EA works with low margin levels.


Using EA :


The EA is very simple and without complicated input parameters.

These are main parameters must be set :

  • General Options
  • Time Frame : Time frame for trading.
  • Trade Type : Long/Short/Both/No-Hedge
  • Stop Trading : if true, EA don't open a new position. Only manage already opened.
  • Minimum Distance to Open New Position : Distance to ignore new signals if older positions exist.
  • Maximum Spread to Open Position : Spread to stop trading
  • Magic Number : Any constant ID.
  • Show Panel On Chart : Shows report of positions on chart with the option of manual closing them.
  • Closing Positions
  • Take Profit : TakeProfit in Points
  • Action for in-Loss Positions : Averaging-Add,Averaging-Multiply, StopLoss, WaitforTP
  • Stop Loss : StopLoss in Points. Only act if the StopLoss option selected above.
  • Averaging Distance : Distance in Points to insert averaging position. Only acts if the Averaging option selected above.
  • Averaging Volume Multiplier : Volume multiplier if averaging selecting above.
  • Averaging Volume Add : Volume adding if averaging selecting above.
  • Averaging Maximum Volume Per Trade
  • Averaging Maximum Number of Trades
  • Volume Settings
  • Volume Calculation Method : Fixed, Dynamic Lots or Risk Percent based on Balance/Equity/Free Margin
  • Fixed Lots : Volume of trading
  • Lots Per 1000 : Volume per 1000 Balance/Equity/Free Margin
  • Risk Percentage
  • Maximum Volume Per Trade
  • Minimum Volume Per Trade
  • Trailing/Break Even
  • Trailing Stop Loss : Enable/Disable Trailing Stop
  • Trailing Start : Trailing Start Distance in Points.
  • Trailing Stop : Trailing Stop Loss Distance in Points.
  • Trailing Step : Distance to apply Trailing Stop Loss in Points.
  • Break Even : Enable/Disable Break Even
  • Activate Break Even After Loss : Distance to apply Break Even in Points
  • Day and Time Filters
  • There are options to stop trading on specific days and hours
  • News Filter Inputs
  • Block Trading During Low Impact News
  • Minutes Before/After Low Impact News
  • Block Trading During Medium Impact News
  • Minutes Before/After Medium Impact News
  • Block Trading During High Impact News
  • Minutes Before/After High Impact News
  • Notifications


* All above default point inputs are for 5digit accounts. if your account is 4digit use 0.1x numbers.


Optimizing EA :


(important) Optimize EA for the last 6 month before using, and update optimization every 1-2 month.

There is no any parameter to optimize EA signal engine. The only parameters are user money management inputs.

Optimization of EA is so fast and easy. We recommend these Optimization inputs :

  • Load all Default Values
  • Test with Every Tick Based on Real Ticks
  • Time Frame Bounds : M5 to D1
  • Take Profit Bounds : 100 to 1000 step 100 (10 to 100 step 10 for 4digit accounts)
  • Averaging Distance Bounds : 500 to 8000 step 500 (50 to 800 step 50 for 4digit accounts)
  • Averaging Volume Multiplier  Bounds : 1 to 5 step 0.5

It is strongly recommended to optimize EA based on the example demonstrated in the video.


 
Recommendations and Using Conditions :

  • You can run EA on several charts and symbols. Try to use different Magic Number input for each chart.
  • If you attach EA to multiple charts, decrease volumes to reduce your risk.
  • To enable News Filter, Visit How to Setup News Filter.

We are ready to help you for using the EA, Please don't hesitate to contact us.
Visit our other useful utilities, Indicators and experts here.




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Gold Hunter Pro is an automated breakout execution system designed to operate with structural precision in the XAUUSD market. The algorithm is built around controlled engagement, selective trade activation, and mathematically defined entry conditions. The system was developed by professionals with over a decade of experience in financial markets, algorithmic execution, and risk modeling. Its architecture reflects practical market understanding combined with quantitative validation, resulting in
Night Hunter Pro
Valeriia Mishchenko
4.38 (53)
EA has a  live track record  with many months of stable trading with  low drawdown : All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth . It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading a
Aussie Loonie EA MT4
MQL TOOLS SL
5 (2)
Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
Trust EA MT4
Konstantin Kulikov
5 (1)
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
Big Forex Players MT4
MQL TOOLS SL
4.73 (44)
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
Dark Algo
Marco Solito
4.66 (67)
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
Trendalgo AI MT4
Stefano Frisetti
TRENDALGO e' un EA che utilizza INTELLIGENZA ARTIFICIALE per fare trading 100% in automatico e come dice il nome e' un EA TREND FOLLOWING, funziona bene sugli ASSET che sono in TREND. LAI e' usata per identificare il momento in cui esplodono i volumi, la volatilita' e il momentum, secondo un'equazione proprietaria da me creata che prende in considerazioni questi valori come dati oggettivi e non utilizza nessun indicatore mai. TRENDALGO  apre un nuovo TRADE e lo segue aggiustando continuamente ST
FlipDamonHFT
Allistair Kabelo Mandow
1 (3)
Ask in private for more details after purchase Discounted   price .  The price will increase by $500 with every 10 purchases. Source code FlipDemonHFT available: https://t.me/snakeByteHoldings Ask in private for more details! IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. FlipDamonHFT – High-Frequency Trading Robot for XAUUSD (GOLD) FlipDamonHFT is a fully automated Expert Advisor for MetaTrader 4, developed for t
GoldPulse AI
Babak Alamdar
3.5 (20)
Acquista non un backtest, ma un vero sistema di trading       Live Signal Questo prezzo è temporaneo per la durata della promozione e verrà aumentato a breve Sono rimaste solo poche copie al prezzo attuale, il prezzo successivo è -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Questo è il primo robot più intelligente che scambia oro o XAU con coppie complete come XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD e XAUCNH! Controllo le notizie ogni giorno e approfitto di o
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
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Smart Copy Local MT4
Kyra Nickaline Watson-gordon
5 (7)
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
VWAP Indicator MT4
Kyra Nickaline Watson-gordon
5 (2)
Description : VWAP (Volume-Weighted Average Price) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which pair is traded over the trading horizon. Read More. All Symbols and All Timeframes are supported. Indicator Inputs :     VWAP Mode : Mode of VWAP Calculation. Options can be selected : Single,Session,Daily,Weekly,Monthly     Volumes : Real Volumes,Tick Volumes     Price Type : Used price for calculating.
Loss Recovery 1 MT5
Kyra Nickaline Watson-gordon
4.2 (5)
Loss Recovery 1 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. This EA places some positions in opposite directions and some positions in direction of wrong position and manages these positions with mathematical methods until recovering total loss of the position. Using EA : EA Action: Single P
Loss Recovery 2 MT5
Kyra Nickaline Watson-gordon
3 (4)
Loss Recovery 2 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. Trading Strategy: Loss Recover2 EA try to close wrong positions without any loss (Recover Wrong Positions), by using Zone Recovery method and without using martingale methods. Anytime price exits from zone, EA will close basket of t
Loss Recovery 1 MT4
Kyra Nickaline Watson-gordon
4 (8)
Loss Recovery 1 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. This EA places some positions in opposite directions and some positions in direction of wrong position and manages these positions with mathematical methods until recovering total loss of the position. Using EA : EA Action: Single P
Account Graph MT5
Kyra Nickaline Watson-gordon
5 (1)
An indicator to draw a graph of account current and historical state such as Balance, Equity, Margin, Free Margin, Margin Level, Drawdown, Account Profit, Deposit and Withdrawals. Indicator Inputs : Draw Balance Graph Draw Equity Graph Draw Margin Graph Draw Free Margin Graph Draw Margin Level Graph Draw Drawdown Graph Draw Account Profit Graph Hide Data on Chart and Buffers Connect Gaps by Lines Sign of DDs on Profit Sign of DDs on Loss Tips : The Indicator will draw historical balance graph
Loss Recovery 2 MT4
Kyra Nickaline Watson-gordon
3.83 (6)
Loss Recovery 2 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position without using dangerous martingale/Averaging methods. Trading Strategy: Loss Recover2 EA try to close wrong positions without any loss (Recover Wrong Positions), by using Zone Recovery method and without using martingale methods. Anytime price exits from zone, EA will close basket of t
Account Graph MT4
Kyra Nickaline Watson-gordon
5 (2)
An indicator to draw a graph of account current and historical state such as Balance, Equity, Margin, Free Margin, Margin Level, Drawdown, Account Profit, Deposit and Withdrawals. Indicator Inputs : Draw Balance Graph Draw Equity Graph Draw Margin Graph Draw Free Margin Graph Draw Margin Level Graph Draw Drawdown Graph Draw Account Profit Graph Connect Gaps by Lines Sign of DDs on Profit Sign of DDs on Loss Tips : The Indicator will draw historical balance graphs and deposit/withdraw arrows b
TPO Profile MT4
Kyra Nickaline Watson-gordon
5 (1)
Definition : TPO is a Time Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words time-price-opportunity (TPO) profiles are histograms of how much time was spent at each price within the span of the profile. By using a TPO chart, you are able to analyze the amount of trading activity, based on time, for each price level
TPO Profile MT5
Kyra Nickaline Watson-gordon
Definition : TPO is a Time Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words time-price-opportunity (TPO) profiles are histograms of how much time was spent at each price within the span of the profile. By using a TPO chart, you are able to analyze the amount of trading activity, based on time, for each price level
VWAP Indicator MT5
Kyra Nickaline Watson-gordon
Description : VWAP (Volume-Weighted Average Price) is the ratio of the value traded to total volume traded over a particular time horizon. It is a measure of the average price at which pair is traded over the trading horizon. Read More. All Symbols and All Timeframes are supported. Indicator Inputs :     VWAP Mode : Mode of VWAP Calculation. Options can be selected : Single,Session,Daily,Weekly,Monthly     Volumes : Real Volumes,Tick Volumes     Price Type : Used price for calculating. O
First Scalper MT4
Kyra Nickaline Watson-gordon
4.25 (4)
First Scalper is an Expert Advisor based on Scalping, Using the best and safest scalping EA on market. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. First Scalper can trade on all symbols and all time frames, using a special and unique strategy developed by the author. Using EA : General Options Trade Type : Long/Short/Both Stop T
Online Accounts Manager MT5
Kyra Nickaline Watson-gordon
5 (1)
OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these p
Triangular EA Limited MT4
Kyra Nickaline Watson-gordon
1 (2)
Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Note : Limited version can trade with the volume less than 0.05 lots. Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Tria
Triangular EA MT4
Kyra Nickaline Watson-gordon
1 (1)
Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here . Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cr
VPO Profile MT4
Kyra Nickaline Watson-gordon
5 (2)
Definition : VPO is a Volume Price Opportunity. Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by horizontal bars against the price It is called Market Profile terminology. In other words volume-price-opportunity (VPO) profiles are histograms of how many volumes were traded at each price within the span of the profile. By using a VPO chart, you are able to analyze the amount of trading activity, based on volume, for each
Loss Recovery 3 MT4
Kyra Nickaline Watson-gordon
3.5 (2)
Loss Recovery 3 is an Expert Advisor for recovering losses of positions that were opened in the wrong direction (that were opened by another EA or manually). This EA recovers your loss and closes your position on Break Even or with determined profit. Trading Strategy: Loss Recover3 EA try to Recover Wrong Positions, by using Averaging method. There are various features on the EA to control risk of the strategy. Using EA : The EA is very simple and without complicated input parameters. Th
Channels MT4
Kyra Nickaline Watson-gordon
5 (1)
Channels Indicator is an All-In-One Indicator with a powerful calculation engine. The Indicator contains 4 different and usual methods for finding channels on the market. Indicator is powered by a visual interface and with various selections of alerts and notifications. Testing Indicator : Strategy Tester does not respond to your clicks on panels (This is metatrader tester limitation). Thus input your desired settings on the indicator pre-settings and test. Using Indicator : Display 4 Typ
Fundamental Signals Indicator MT4
Kyra Nickaline Watson-gordon
Fundamental Signals Indicator is a Non-Repaint Indicator with a powerful calculation engine that can predict market movement over 3000 pips (30000 points). The indicator does not analyze the market fundamentally, it is named fundamental because it can predict trends with large movements, no complicated inputs and low risk. Also Indicator can alert on market trend changes. Using Indicator : The Indicator is very simple and without complicated input parameters. (No need to optimize anything.)T
Fundamental Signals Scanner MT4
Kyra Nickaline Watson-gordon
Fundamental Scanner is a Non-Repaint, Multi Symbol and Multi Time Frame Dashboard based on Fundamental Signals Indicator . Fundamental Signals Indicator has a powerful calculation engine that can predict market movement over 3000 pips (30000 points). The indicator is named fundamental because it can predict trends with large movements, no complicated inputs and low risk. Features : Multi-Symbol Support (Support automatic listing of market watch symbols) Multi-TimeFrame Support (Over 7 custo
Fundamental Robot MT4
Kyra Nickaline Watson-gordon
Fundamental Robot is an Expert Advisor based on Fundamental Signals Indicator. The Fundamental Signals Indicator has a powerful calculation engine that can predict market movement over 30000 points. The indicator is named fundamental because it can predict trends with large movements, no complicated inputs and low risk.  The EA works with low margin levels and thus has low risk. Using EA : The EA is very simple and without complicated input parameters. These are main parameters must be set
BigPIPs MT4
Kyra Nickaline Watson-gordon
BigPIPS EA is an Expert Advisor based on special mathematical analysis and smart modeling of market and signals independent of timeframe. The EA has a powerful calculation engine that can predict market movement over 1000 pips (10000 points). The EA signal engine does not need any optimization and there are no settings for signal. All settings of EA are for Money Management. The EA works with a low margin level and thus has low risk. The EA can trade on all Forex Pairs, Cryptos, Stocks, Indice
OneClick Close All MT4
Kyra Nickaline Watson-gordon
5 (2)
A utility to close all orders with one simple click at once. Various options are available to filter or select orders : Type of orders : Buy / Sell / Buy Limit / Sell Limit / Buy Stop / Sell Stop Symbol Selection : All / Chart Symbol / Custom Symbols. You can enter custom symbols separated by comma. (for example you can enter EURUSD,GBPUSD,AUDJPY) Order Open Type : Manual Opened / Opened by EA Magic Number : You can enter more than one magic number separated by comma. (for example you can enter
OneClick Auto Close MT4
Kyra Nickaline Watson-gordon
A utility to close all orders automatically when conditions meet. Various options are available to filter or select orders : Conditions : Closing conditions. 3 different conditions can be defined. EA will close orders anytime one or more defined conditions meet. Conditions can be defined based on account properties or selected orders properties. Also a fixed time to close orders is available. Type of orders : Buy / Sell / Buy Limit / Sell Limit / Buy Stop / Sell Stop Symbol Selection : All / Ch
Customized Copy MT4
Kyra Nickaline Watson-gordon
Customized Copy is a Multi-Terminal visual trade copying utility that supports Metatrader4 and Metatrader5 for Trade Copying.  You can activate EA on 10 different PCs/VPS. On each PC/VPS can install on Unlimited Terminals. Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying (support over 50 accounts at same time)     All settings are input visually.     Visual display and modify of copy map and network     Each copy path can be used with different settings
Market Profile iMT4
Kyra Nickaline Watson-gordon
Definition : A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal). Market Profile is best understood as a way to see order in the markets. Market Profile was a way for traders to get a better understanding of what was going on, without having to be on the trading floor. The current indicator is developed based on Easy-to-Use architecture including a wide range of visual settings. Major Features of Indicator : Various Views of Market Profile The indicat
Market View MT4
Kyra Nickaline Watson-gordon
5 (1)
Definition : Market View is a dashboard (scanner) to view price graphs of all symbols and all timeframes at a glance. The utility is designed user friendly and added a wide range of customization options. Main features of Market View : Visual settings window on the chart Customizable list of symbols and timeframes Different shapes : Real Candles, Schematic Candles, Arrows Customizable number of candles Changeable size of dashboard (scanner) Highlight timeframes with gaps on candles Open approp
Fidelity MT4
Kyra Nickaline Watson-gordon
3 (5)
Description : Fidelity EA is an Expert Advisor for trading on all Forex pairs and all timeframe. EA is powered with specific trend detection algorithms. The algorithm is fully smart and automatic. So the use and setup of EA is very simple and there is no need to have deep knowledge about the market. Growing the EA : The EA will be updated and supported always. New features will be added later for free. If you need a specific feature to be added to the EA, please write your idea on the comment
Risk Monitor MT4
Kyra Nickaline Watson-gordon
Definition : Risk Monitor is an expert for Analyzing, monitoring, controlling account risks. Strategy :     Analyze Each Currency Volume and Direction on Account and Sort Them     Find and Suggest Best Three Symbols in Opposite Direction (Hedging Positions) for Controlling Risk.     Analyze User-Defined Position and preview effect before placing /Closing Features of EA :     Graphical Interface     Show Risk Graph for each currency     Smart Analyze and suggest best hedging positions    
OneClick Screenshot MT4
Kyra Nickaline Watson-gordon
Description : A utility to create and save screenshots automatically and send to a chat/group/channel on telegram. The saved/sent image file will include all objects that exist on the chart and also all indicators are displayed on the chart. Features: Save screenshot of chart including all objects, indicators, ... Send screenshots to a telegram chat/group/channel Wide range options to select when create screenshots Logo and text adding feature Inputs and How to setup the EA : Various optio
Filtro:
Johan Ferdianto
135
Johan Ferdianto 2021.04.16 10:29 
 

Good enough for martingale EA. The problem is if EA produces the wrong signal many times it will break the account. I think the basket system can improve this EA. For example, the position of Buy and Sell has the same profit goal. Or this EA can run on multiple symbols and target profit using the basket system, so it can reduce the risk when the EA makes too many wrong signals in other symbol, another symbol will help to reach the target profit.

Kyra Nickaline Watson-gordon
56473
Risposta dello sviluppatore Kyra Nickaline Watson-gordon 2021.04.16 10:59
You are using aggressive setting. It is better to determine volume and averaging setting based on your account balance.
Of course you can use EA on multiple symbols and profit of one symbol cover loss of another symbol.
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