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Josmellon Gold EA V5

Welcome to Josmellon GOLD EA V5, an automated trading solution designed for XAUUSD (Gold) on MetaTrader 4. It uses automation and a sophisticated strategy tailored for the dynamic Gold market.

Overview:

  • Crafted for Gold trading to capitalize on its liquidity and movements.

  • Relies on two Triangular Moving Average-based indicators for trade decisions.

Key Features:

  1. Automated Execution: Executes precise and timely orders in the volatile Gold market.

  2. Indicator-Based Signals: Relies on two selected indicators for accurate trade entries and exits.

  3. Triangular Moving Average Strategy: Employs a robust strategy to identify and capitalize on market momentum.

Strategy and Trading Logic:

Strategy Overview:

Josmellon GOLD EA V5 operates on a robust trading strategy centered around the Triangular Moving Average (TMA). This approach is designed to identify potential trend reversals and capitalize on market momentum. The strategy aims to execute multiple trades, utilizing stop losses to manage risk. In the event of a stop loss being triggered, the EA employs a recovery mechanism by initiating another trade in the same direction, with the objective of compensating for losses. The ultimate goal is to achieve a net profit over a series of trades.

Trade Identification:

The EA identifies trade opportunities by closely monitoring the Triangular Moving Average. This indicator serves as a key component in assessing the direction and strength of the prevailing trend. The TMA is a variation of the simple moving average, offering a smoother representation of price movements.


Trading Logic:

  • Potential Trend Reversal: The EA actively seeks potential trend reversals in the Gold market, utilizing signals from two distinct indicators based on the Triangular Moving Average.

  • Multiple Trades with Stop Losses: When a trade is initiated, the EA is equipped to take multiple trades in succession. Each trade is accompanied by a strategically placed stop-loss order to manage potential losses.

Recovery Mechanism: In the event that a trade hits its stop loss, the EA promptly initiates another trade in the same direction. This recovery mechanism is designed to offset losses and steer the overall series of trades towards profitability.

 Installation:

Follow these step-by-step instructions to seamlessly install Josmellon GOLD EA V5 on your MetaTrader 4 platform:

Step 1: Unzip the File

Begin by unzipping the downloaded file. Extract all contents to a location on your computer where you can easily access them.

Step 2: Copy Files to the MT4 Platform

  • Locate the "Josmellon Gold EA V5" folder in the extracted contents.

  • Copy all the files within this folder and paste them into the "Expert" folder in your MetaTrader 4 directory

MetaTrader 4 Directory: [Your MT4 Installation Path]\MQL4\Experts\

  • Next, find the "Indicators" folder within the extracted contents.

  • Copy all files from the "Indicators" folder and paste them into the "Indicators" folder in your MetaTrader 4 directory.

MetaTrader 4 Directory: [Your MT4 Installation Path]\MQL4\Indicators\

  • Finally, locate the "template" folder in the extracted contents.

  • Copy all files from the "template" folder and paste them into the "template" folder in your MetaTrader 4 directory.

MetaTrader 4 Directory: [Your MT4 Installation Path]\templates\

Step 3: Run Josmellon Gold EA V5 Template

  • Launch MetaTrader 4 on your computer.

  • Open a new chart for the XAUUSD (Gold) pair.

  • Apply the Josmellon Gold EA V5 template to the chart. You can do this by right-clicking on the chart, selecting "Templates," and then choosing "Josmellon Gold EA V5."

Step 4: Start the EA

Once the template is applied, Josmellon GOLD EA V5 will be activated on the selected chart. You should see the EA settings and relevant information displayed on the chart.

Congratulations! You have successfully installed and initiated Josmellon GOLD EA V5 on your MetaTrader 4 platform. Ensure that your platform is connected to your trading account and that the EA is enabled for automated trading.



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Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal | Real Signal 2 | Setfile :  Download here  | MT5 version | Backtest Report   |   Broker Spread Comparison SET U
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4.76 (17)
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5 (6)
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Marzena Maria Szmit
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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   (p ositions are sent from our databa
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Chen Jia Qi
5 (9)
Live signal :   TrendMaster FX The MT4 version : TrendMaster FX MT4   Atualmente, há uma promoção de teste para o nosso EA. Após a compra, entre em contato conosco para obter acesso ao "Gold Garden" ou "AI TradingVision GPX". Para mais informações, por favor entre em contato conosco. Pares de moedas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) EUR/USD (EURUSD) AUD/USD (AUDUSD) USD/CHF (USDCHF) Configurações de risco: Para traders agressivos, o risco máximo é definido em 0,15. Para traders ma
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Ugochukwu Mobi
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ADELYN CASTILLO
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LEE SAMSON
4.71 (7)
Transforme qualquer estratégia de negociação em uma estratégia de negociação de posição ou negocie as estratégias comprovadas de negociação de posição baseadas em RSI e ADR, incluindo sistema automatizado de controle de rebaixamento para posições que se movem contra você. Este EA é uma evolução e uma simplificação do EA MRA que tem sido usado para estratégias de negociação de posição ensinadas no site Market Structure Trader há muitos anos. Veja meu perfil para obter um link para o site, curso
Diamond Titan FX MT4
Lo Thi Mai Loan
5 (1)
Promoção de lançamento: DESCONTO DE 30%! Restam apenas 3 vendas para comprar pelo preço atual. Próximo preço: $1033 Obtenha gratuitamente o US30 Scalper EA e o Quantum Algo EA -> entre em contato comigo após a compra Live signal:  https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT5:  https://www.mql5.com/en/market/product/116010?source=Site+Market+Product+Page Histórico de Negociaçõe
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Lachezar Krastev
4.48 (29)
SUPER SALE! --> -$200 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $487 - The offer ends soon!  Click here to check News Scope EA PRO results and learn more about the promotion! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades
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The "DrawDown For Prop Firm" is designed to manage drawdown levels for prop firm challenges using the MetaTrader 4 (MT4) platform. The EA aims to monitor the drawdown of the trading account and take necessary actions when the drawdown exceeds a specified trigger percentage. Example Scenario: Assume you have a trading account with an opening balance of $5000. You decide to use the "DrawDown For Prop Firm" EA to manage your drawdown, and you set the drawdown trigger percentage to 4%. EA Configurat
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