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Gamma Distribution

The EA is based on and fully complies with principles described in the article https://www.mql5.com/en/articles/250 , which are put into action in the indicator https://www.mql5.com/ru/code/10339 (in Russian). The EA opens and closes orders according to signals of the stated indicator on any time frame (TF) and gains advantage due to forecasting features of the indicator.

Medium-term trading: from intraday trading to trading within several months. Tested on EURUSD.

A corresponding trading position is opened by a signal of the indicator at the beginning of a candle on a selected TF with equal values of take profit (TP) and stop loss (SL) which are specified in the EA's settings. This position is closed by another signal of the indicator or by stop orders of TP and SL.

The EA can close all positions when the signal changes or by stop orders.


  • Hour Begin trade - time to start trading;
  • Hour End trade - time to end trading;
  • The maximum numbers of open trades simultaneously - maximum number of simultaneously opened orders;
  • Volume of the lot (if=0, use the Risk) - initial lot volume ( if = 0, the Risk parameter is used);
  • Risk Automaticaly- as a % of the account - automated reinvestment as % of equity;
  • Experts magic number - unique number of the EA;
  • Maximum deviation from quoted prices (Slippage) - maximum deviation from quotes (slippage);
  • Reverse signal;
  • Close the transaction if the amount varies with the trend+/- m - closing all open positions if trend direction changes from + (positive) to - (negative);
  • TakeProfit, 0 = empty - fixed profit, 0 = profit is not fixed;
  • StopLoss, 0 = empty - fixed loss, 0 = loss is not fixed;
  • Calculate the number of bars - number of history bars used for calculating trading parameters and generating signals by the indicator;
  • Number of bars forecast(how many lines extend into the future) - forecast bar for calculating a signal of closing positions (how many lines will be extended);
  • if=0- use the current bars also, =1 - only closed -=0 - current bar is used, =1 - after the bar is closed;
  • Minimum distance between points P3 (max) and P - minimum distance between P3 and actual price P.
  • The minimum amount trend1 + + trend2 trend3 - minimum sum of 1, 2 and 3 trends;
  • Numbers of bars to calculate the signals on the history.

For example, working on EURUSD D1 from the beginning of 2009 till July 7, 2015, the EA demonstrates following results with lot equal to 0,01, TP = SL = 300 points (4 digit quotes). The chart is given on the Screenshots tab.

  • Bars in test 2272
  • Ticks modeled 3961
  • Modeling quality n/a
  • Mismatched charts errors 0
  • Initial deposit 2000.00
  • Spread Current (2)
  • Total net profit 13988.22
  • Gross profit 29744.90
  • Gross loss -15756.68
  • Profit factor 1.89
  • Expected payoff 8.28
  • Absolute drawdown 0.00
  • Maximal drawdown 2009.69 (35.95%)
  • Relative drawdown 37.69% (1974.76)
  • Total trades 1689
  • Short positions (won %) 881 (63.79%)
  • Long positions (won %) 808 (58.54%)
  • Profit trades (% of total) 1035 (61.28%)
  • Loss trades (% of total) 654 (38.72%)
  • Largest
    • profit trade 29.98
    • loss trade -32.60
  • Average
    • profit trade 28.74
    • loss trade -24.09
  • Maximum
    • consecutive wins (profit in money) 89 (2613.36)
    • consecutive losses (loss in money) 72 (-797.32)
  • Maximal
    • consecutive profit (count of wins) 2613.36 (89)
    • consecutive loss (count of losses) -1480.85 (60)
  • Average
    • consecutive wins 18
    • consecutive losses 11

You can change the history period used by the indicator when generating a signal for market entry and exit.

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Use on M1 only for best result. Recommended pairs: EURUSD, GBPUSD, AUDUSD . Run at the same time. Min deposit is $100 for leverage 1:500 with lot size 0.1 (without risk) . Smaller leverage requires mini lot size of 0.01 or lager deposit for bigger lot size. Recommended to use on low spread broker. Please backtest or use a demo account before using in real. This very easy EA uses Rainbow MA to scalping. No martingale, no grid trading, no arbitrage Stops are tight Live account screenshots Paramete
2 500 USD
Hakan Sari
This is not Straddle News Trading, Hedge, Grid, Indicator. The EA does fundamental analysis of pairs and opens orders. This EA works with economic calendar events. It opens order according to meaning of news when news was announced. The EA analyzes news events at the time, selects profitable news from them and opens order according to meaning of news I have been trading for 6 years and I have tried almost all strategies in forex. I could not find any profitable system until end. Do you know why
2 150 USD
Duong Tran
The Expert Advisor works on D1 (Daily chart) and any symbol. Min deposit is $100 for the leverage 1:500. The default settings are specified for EURUSD D1. Find the best settings for other symbols. Please backtest the EA or use it on a demo account before launching on a real one. Strategy No indicators, no martingale, no grid trading, no arbitrage. Stops are tight. Settings MagicNumber = 24011988 - EA magic Takeprofit = 200.0 - take profit in points Stoploss = 100.0 - stop loss in points Trai
2 500 USD
Open London Market Breakout Strategy
Roberto La Bella
This EA OLMBS (Open London Market Breakout Strategy) is based on a proved breakout strategy for the London session. The strategy consists to trace a channel based on the last 4 candles in M15 chart just before the London opening (8:00 GMT) and then put a BuyStop at the top, or a SellStop at the bottom of the channel with meticulous Stop Loss and Take Profit (this one is based on a smart Risk/Reward). Some advanced features and filters give the ultimate edge for this EA, and in the long term it i
2 557 USD
Duong Tran
This EA uses the same algorithm as the BBE EA The difference is using the Fibonacci rule to Stoploss and Takeprofit . This EA has also been upgraded with Hidden Stoploss, Hidden Takeprofit and Hidden Trailling Stop . Backtesting has not represented the results as expected, because I used it on 10 to 24 pairs at a time including GOLD (XAU) (see on screenshot). The Expert Advisor works on D1 (Daily chart) and any symbol including GOLD Min deposit is $100 for the leverage 1:500 with lotsize 0.0
2 500 USD
Kostiantyn Kuzmin
Excalibur is a multi-currency Expert Advisor which supports all pairs and stocks with spread not higher than 10 points on 4-digit quotes. The EA is equipped with the multi-timeframe oscillator DeMark filter. It can configure five various trading styles with smooth ranging from extremely aggressive to extremely conservative styles. You can set support and resistance (option and futures levels) manually in the EA settings once a day or less often using external data. Set the EA appropriately, so t
3 500 USD
Forex Expert Pro
Dmitrii Ashmarin
Forex Expert Pro is a universal multi-currency EA which automatically performs trading operations, at that pair movement direction does not really matter. The trading robot works on any timeframe and currency pair. It has the reinvestment function, which allows to increase small deposits ($300-$500) within a short period of time. News and market situation do not matter. Trading is performed both during flat and along a trend. The robot does not require optimization and control. Advantages: doe
1 700 USD
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