Medusa X

MEDUSA X is a Revolutionary Momentum and Pullback Algorithm Expert Advisor, specializing on the low spread major pairs, GBPUSD. This EA trades frequently during the day if there's a valid signal.

Real Signal: https://www.mql5.com/en/signals/1681843

Most of the time, the trades will TP 5pips with single entries. Like a experienced human trader, It utilizes additional Grid averaging trades (average of 2 or 6) of the same lotsize , to gain a winning edge, in market situations that requires it.

BACKTEST SETTINGS (make sure u have 90-99% tick quality from history center, and use Every Tick Model) If 99% TDS, set gmt=2 dst uk, spread 10-15

Test from 2016-2020 on GBPUSD ,  with a $1000 account, on H1. AUTOLOT = ON.  RISK 2(I do not optimize for longer periods as adapting to current market behavior is more important)

(note: if your tester ends with a loss at the end, it means, the tester FORCED the trades to CLOSE on the end date, even though the trade hasnt had the opportunity to recover)

Requirements:

• 1:500

• VPS is strongly recommended

Features:

• Backtested with Tick Data Suite real 99% tickdata, variable spreads and slippage.

• Good & safe ROI.

• The EA is stress free and very easy to setup and use.

How to Install:

• Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MEDUSA X will appear there. Click Install.

• Open MT4/Navigator Menu, Open an empty chart of GBPUSD. (Try on Demo account first, to see if everything is working properly for your MT4)
  

• Drag the EA at Navigator menu, to the GBPUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.

• Make sure that there are no errors in Experts/Journal tab 

• That's it! Wait for Profit! (Remember to withdraw yr profit regularly)
  

Settings:

• Trade Comment- Comment for EA's orders

• Magic Number - Unique identifier for EA's orders

• AutoMM - use automatic lot calculation if true 
  
  

• Risk – AutoLot calculation based on deposit

• ManualLotsize– Manual Lotsize if AutoMM is false
  
  
• Multiplier– Coefficient for Grid orders
  
  
• MaxSlippage - slippage limit, if over limit, no trade will open
  
  
• Takeprofit – TP
  
  
• Stoploss – SL
  
  
• Gridstep - Distance of Grid
  
  

• Maxtrades – Maximum number of averaging trades opened

• MaxDrawdownSL – Max drawdown reached to close all positions ( I don't use this)

• KillTradeTimer= SL the trade when a certain number of hours has reached
• NumberofHrs=720 = 30 days