Wait and See

Wait & See

Wait & See is a fully automated Expert Advisor. No manual trading is suggested. All screenshots belong to backtests with EURUSD H1 timeframe.


WARNING: Wait & See uses 1,2,3,4 and 5 as magic numbers. If you are using other Expert Advisors to send orders at the same time with Wait & See, do not use these preserved magic numbers for other orders.


Wait & See is based on three main steps: Open a new order, martingale if needed and take profit.

  • Open new order: Wait & See uses the MACD,RSI,Ichimoku,SMA and Stochastic Oscilator to open the first order.
  • Martingale: After opening a new position, if the trend goes the opposite direction, the Wait & See begins opening new positions with the same direction of the first order. The Stop Loss parameter defines the grid limits, and the predefined value is suggested.
  • Take Profit: Wait & See closes all orders if the predefined profit is reached. The TakeProfit parameter defines the profit amount to close orders, and the predefined value is suggested.


Recommendations

  • EA Settings: Use the default parameters.
  • Symbol: EURUSD is suggested.
  • Timeframe: H1 is suggested but also the other timeframes with low spreads can be chosen.
  • Brokers: ECN brokers, low spread/commission, 1:400 leverage, non-FIFO or FIFO.
  • Trading Condition: Ranging.
  • Minimum Deposit: $2000 .

Parameters

  • Lots - Initial volume to open positions.
  • MaximumRisk - Defines the maximum risk that user can have if the auto lot is true.
  • Autolot - Enables to optimizing the lotsize.
  • MaximumSpread - Limits to open new positions with high spread symbols.
  • MaximumLevel - The maximum number of the positions to limit the loses.
  • TakeProfit - Take profit value for each order set.
  • Stop Loss - To open a new martingale position, this parameter defines the separation between positions when the trend goes opposite.


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Info: Working trading pairs :  XAUUSD, GOLD  Timeframe: H1 Min deposit: $100 Min leverage 1:20  Works with any broker, though an ECN broker is recommended Features: No martingale No grid trading No averaging No dangerous money management techniques Hard stop loss and take profit for every trade Stable results since 1999 with 99.9% quality quotes Not sensitive to broker conditions Easy to install and use FTMO and Prop firm ready Complies with FIFO rules (Need to disable Hedging in EA settings)
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Stanislav Tomilov
4.68 (19)
Experts
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Lachezar Krastev
4.39 (51)
Experts
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Thi Tra Mi Duong
3.67 (3)
Experts
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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4.29 (168)
Experts
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Lachezar Krastev
4.48 (25)
Experts
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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5 (1)
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