Quincy EA

5

My aim is to design an EA that trades with the trend and not against it like most EA.

Quincy EA uses a grid to open long/short in the direction of movement catching small profits immediately and closing trades. This will only work if you have a good low spread chart and preferably trending pair.

See its potential: https://www.mql5.com/en/signals/316939


How It Works

Quincy EA will open trades in a grid format with a long or short trade depending on the direction of the particular market. It does not use any indicators but relies on mathematics to close a large number of small profits. Once the overall profit of all trades open hits the specified 'Take profit', it will close all trades.

Quincy EA has a built-in safety mechanism that will close trades earlier if there are too many opened, this is refered to as 'Emergency Mode' and can be customized via the Parameters accordingly.

Note:

  • This EA will open and close hundreds of trades per day. You can trade multi-currency pairs. However, be aware of your brokers 'Maximum open trades'.
  • This EA should be run 24/5 for the best results.


Parameters

  1. Magic Number - for use of multi-currency traders
  2. Take Profit - default pips to close all trades
  3. Lot Size - default lot size
  4. Step - step on a grid before opening another trade
  5. Step Opposite - step before opening a trade in the opposite direction
  6. Emergency mode after - number of trades open to trigger 'Emergency mode' with Reduced TP
  7. Emergency mode TP - take profit when too many trades are open (use a negative value)
  8. Auto random 1st order - enable this, so the robot can start trading, later versions might have new entry options added

Safety Rules

  • Use trending currency pairs with low spread
  • ECN account only
  • Preferably tiny spread
  • Due to the nature of the EA, there is no Stop-out. However, as it hedges its position, there is plenty of time to exit manually
  • Contact me if you need help
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Versão MT4: https://www.mql5.com/en/market/product/90950 Versão MT5: https://www.mql5.com/en/market/product/93706 Rebate Hunter – EA de Hedge Multipares (Adaptativo Dinâmico) O Rebate Hunter é um Expert Advisor (EA) de cobertura multipares, concebido para gerar um volume de negociação consistente, visando lucros controlados em cestos de negociação. O EA abre posições de Compra e Venda simultaneamente (entrada com cobertura) e, em seguida, gere as posições utilizando uma distância de grelha ad
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Buzzer Gold EA for MT4 Automated Expert Advisor for XAUUSD (Gold) Buzzer Gold EA is an automated Expert Advisor (EA) developed for MetaTrader 4 (MT4). It is designed primarily for trading XAUUSD (Gold) on the M5 timeframe using a rule-based trading methodology combined with configurable money management and risk control features. The EA continuously monitors market conditions and executes trades automatically when its predefined trading criteria are satisfied. It is intended for traders who pre
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4.39 (51)
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The Goblin Gold Scalper EA is a fully automated trading robot that has been developed over the years. EA's trading strategy has been optimized for Gold with a unique strategy based on Price Action and basic indicators. This is a scalper strategy so it usually trades in a short period of time, trades are closed quickly with Stop Loss and Trailing Stop. EA has optimized settings and now it's simple to use for everyone. You just need to set your Lot Size. Feature:  + Fully automated trading 24/5 w
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4.48 (25)
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
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