Pearl

5
This is my own developed EA "Pearl"
  • It trades the whole market and tries to catch reversals. But it tries to trade within the overall D1-trend.
  • It trades currency pairs only
  • It uses martingale-strategies. It does use flexible grids though.
    • It is free to you when to increase the lotsize of grid levels
    • A grid level can be skipped. If the price overruns a grid level and volatility is still high, a trade will not open. The EA waits till volatility has decreased.
    • Grid distances can be extended by xx% with each new level.
    • For my own style of trading I limit the no. of grid per symbol to 7. After this level is reached I handle the grid manually with usage of currency strength and support / demand levels. This I do because I am aware that running the EA on it's own will blow the account in some situations. With manual intervention I try to minimize the risk. You will see in backtests the EA cannot handle every market situation. And I am pretty sure no martingale-EA can handle every market situation.
  • Because of slow martingale it can happen that trades are open for more than 2 months
  • The EA trades one symbol per chart.
    • I will change that in future for one chart setup. With more success of the EA I will update and improve more features. So stay tuned!
    • It can be pretty anoying to open over 20 charts manually. So I developed an utility to automate this process. After purchase please contact me to get this utility (have a look at the video)
    • In order to save CPU-time minimize the panel. So panel-calculations are only done when the panel is visible.

  • On which pairs should the EA run? 
    • Due to my backtests from 2018 - 2022 I would suggest:
      CADJPY,AUDCAD,AUDUSD,USDCAD,NZDCAD,EURJPY,NZDJPY,AUDJPY,EURAUD,EURUSD,NZDUSD,GBPCHF,AUDNZD
      (on my signals I use 28 symbols)
    • As I said, there is an utility which I give to my customers who bought the product. It is easy to load all pairs automatically.


Depending on the profit of the live account and success of Pearl I will increase the price.


Link to account

Live account: https:// www .myfxbook.com/portfolio/pearl-restarted/ 11133264  (Please remove the 3 spaces)

I know the backtests are quiet slow. Because of missing news filter it may not represent live trading. That's why please have a look at the live account. This represents the results the most. 


General recommendations
Timeframe: the trades are opened within timeframes M15-D1. Set the chart timeframe to M15. Pearl selects the trades and timeframes automatically.
Pairs: Forex only! - No exotic
Deposit per 0.01 lot: low risk: > 6.000€
middle risk: 4.000€
high risk: 2.000€
insane risk: 1.000€
Broker: any (ask me for suggestions if you like)
Leverage: 1:500
VPS: strongly recommended (ask me for suggestions if you like)

 

many parameters are self-explanatory. So I focus only on specific topics

Risk Management
max. open grids without SL: The EA normally works without Stopp Loss. But when a grid is in profit and has a Stopp Loss set, new grids on other pairs are allowed.
e.g.: set to 5: if one grid out of 5 has a SL, another chart can open a grid. 
max. open currencies per direction: We do not want to overtrade single currencies. We want to diversify our trading as much as possible and give every currency a chance to trade.
e.g.: set to 3: only 3 grids on "EUR buy" direction can be opened
Martingale type:
There is a slight difference in the opened lotsizes. When I integrate a recovery system this feature might make a difference. For now you can stick to standard.
Extend Grid every step [%] e.g.: set 10%: The next grid distance is not the standard distance. Every new grid is extended by 10%.
Start Gridrising from ticket e.g.: set to 4: the first 3 tickets are opened with the initial lot size. From ticket 4 on the lot size will be increased.
Gridrising every ... Specify the sequence the grid will extend the lotsize
e.g.: set to 3: every 3 trades the lotsize will increase 
max. DD for new grids [%] e.g.: 20%: If the drawdown of the whole account reaches 20%, no more grids are opened.
max. DD before Stopp Out [%] e.g.: 100%: If the drawdown of the whole account reaches 100%, every trade will be closed. So for standard it is deactivated.

    

Future update planning
  • risk analyzing of Pearl to give better advises for deposits
  • news detector - implemented on 16.12.2023 (17.08.2024: not working at the moment)
  • new year pause - implemented on 16.12.2023
  • profit overview of open trades and pairs - implemented on 16.12.2023
  • profit overview of closed trades and pairs - implemented on 16.12.2023
  • trade manager  - implemented on 05.05.2024
  • symbol overview - implemented on 05.05.2024
  • trade symbols with suffix or prefix implemented on 20.08.2024
  • one chart setup
  • recovery system - implemented on 13.05.2023
  • strategy updates

Disclaimer
  • I only sell EA's through MQL5.com. Someone using my name is a Scammer!
  • If you have purchased this EA anywhere besides MQL5, it is a fake version. It will not work like the real version and you will neither receive updates nor support.
  • There is no refund after your purchase. Please keep this in mind.
  • Grid and Martingale have the chance of huge drawdowns. Be aware of it and set the risk to your appetite! The only person who is responsible for your wins and losses is you.




























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Quantum King EA — Her Yatırımcı İçin Geliştirilmiş Akıllı Güç IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Özel Lansman Fiyatı Canlı Sinyal:       BURAYA TIKLAYIN MT5 versiyonu :   TIKLAYIN Quantum King kanalı:       Buraya tıklayın ***Quantum King MT4 satın alın ve Quantum StarMan'i ücretsiz edinin!*** Daha fazla bilgi için özelden sorun! Kural       İşlemlerinizi hassasiyet ve disiplinle yapın. Kuantum
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
Javier Gold Scalper V2
Felipe Jose Costa Pereira
5 (4)
Javier Gold Scalper: Teknolojimiz Yanınızda! Kullanım Kılavuzu ve yapılandırma dosyaları: Kılavuz ve yapılandırma dosyalarını almak için satın aldıktan sonra benimle iletişime geçin. Fiyat: Fiyat, satılan lisans sayısına bağlı olarak artar. Mevcut kopyalar: 5 Finans piyasalarının en volatil varlıklarından biri olan altın üzerinde işlem yapmak yüksek hassasiyet, detaylı analiz ve çok etkili bir risk yönetimi gerektirir. Javier Gold Scalper , bu temel unsurları sağlam ve gelişmiş bir sistemde bir
Golden Moon Scalper
Nguyen Hang Hai Ha
5 (1)
Expert Gold Moon Scalper is a fully automated Expert Advisor designed specifically for the Gold market (XAUUSD). The EA combines price action analysis, tick-based market behavior, and technical indicator confirmation to identify high-probability trading opportunities. The strategy uses Stop Orders to capture momentum during Gold's fast price movements, helping reduce premature entries in volatile conditions. Positions are managed with a combination of scalping logic, dynamic trailing, and predef
Gold Zilla AI MT4
Christophe Pa Trouillas
5 (2)
Grok AI destekli , riski dağıtılmış ve   Altın için optimize edilmiş EA   ile kontrollü getiriler elde edin. GoldZILLA AI, piyasa rejimlerini tespit ederek beş farklı stratejiden dinamik olarak seçim yapan çok stratejili bir algoritmadır, XAUUSD'de drawdown'ı en aza indirirken getirileri optimize eder. [   Live Signal   ] - [  Dedicated group   | Version   MT5   -   MT4   ] Satın aldıktan sonra kullanım kılavuzunu ve AI kurulum talimatlarını almak için lütfen bana özel mesaj gönderin. Bu EA'yı
Gyroscopes
Nadiya Mirosh
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
ULTIMATE SALE -60% OFF! Get GOLD Scalper PRO with a huge –60% discount ! Special Price: $177 (Regular Price: $447 — You Save $270!) Don't miss out on getting this amazing gold trading EA at such a low price. The price will increase very soon! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is
Hamster Gold Trading
Nguyen Hang Hai Ha
5 (1)
Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
Goldbot One MT4
Profalgo Limited
5 (5)
LANSMAN PROMOSYONU: Güncel fiyattan sadece birkaç adet kaldı! Son fiyat: 990$ YENİ: Goldbot One satın alın ve 1 EA'yı ücretsiz seçin!! (2 ticaret hesabı için) KAMU GRUBUNA KATILIN:   Buraya tıklayın   En İyi Kombo Fırsatı     ->     buraya tıklayın LIVE SIGNAL Altın piyasası için tasarlanmış son derece gelişmiş bir ticaret robotu olan   Goldbot One'ı   tanıtıyoruz .   Breakout trading'e odaklanan Goldbot One, hem destek hem de direnç seviyelerini kullanarak önemli trading fırsatlarını belirle
Universal Indicator EA, your ultimate solution to automate your trading strategy without any coding requirements. This powerful expert advisor is designed to work with any indicator that gives Buy and Sell Signals, making it a versatile tool for traders of all levels. With Universal Indicator EA, you can easily read signals from both Indicator Buffers and Objects on the Chart. You can also test your indicator on the demo account before purchasing to ensure that the EA is compatible with your ind
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro, diğer danışmanlardan veya manuel olarak açılan siparişlerden kaynaklanan kesintileri kurtarmaya yönelik bir sistemdir. RM Pro, otomatik olarak dinamik olarak ayarlama yeteneğine sahiptir. Yatırımcının risk seviyesini seçmesi gerekir ve danışman tam otomatik modda çalışacaktır. Düşüş kurtarma modunda ve bekleme modunda çalışabilir! Başka bir danışman bir dezavantaj oluşturursa, RM Pro bunu devre dışı bırakacak, pozisyonu kilitleyecek ve kısmi kapatmalar kullanarak mevduatın
ORIX mt4
Leonid Arkhipov
4.75 (4)
ORIX System — GBPUSD paritesi için M5 zaman diliminde özel olarak geliştirilmiş bir işlem robotudur. Expert Advisor, fiyat davranışı ve piyasa yapısı unsurlarının analizine dayanır ve standart teknik göstergeleri kullanmaz. Robot martingale, işlem gridleri, piyasaya karşı ortalama alma, hedge işlemleri, stop loss olmadan işlem açma ve yüksek frekanslı veya düzensiz alım satım kullanmaz. Live signals Ana gereksinimler ve öneriler Para birimi çifti: GBPUSD Zaman dilimi: M5 Minimum depozito: 0.01
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
Hedging Pro Ultimate is an expert advisor designed to work fully automatically or semi-automatically. MT5 version  |  Product knowledge & Setfile  |  How to set up news filter Suggested pairs: EURUSD, GBPUSD, XAUUSD Expert parameters: 1. Manage Open Positions + Trade Buy: allow buy + Trade Sell: allow sell + Open Position Method: Select the open position method + Delete trendline after opening a position: set false for continuous pending orders. + Continue New Cycle: set false to stop a new cy
XG Gold Robot MT4
MQL TOOLS SL
4.29 (42)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
SF Adaptive Scalper EA m
DMITRII GRIDASOV
5 (1)
SwapFree Adaptive Scalper EA - akıllı, güvenli ve güvenilir tam otomatik çok çiftli scalping ticaret sistemidir! Bu, sizin için tüm ticaret işini yapan "ayarla ve unut" Uzman Danışmanıdır! 9 çift için 9 Set_files mevcuttur! Test ve işlem için EA Set_files'ı indirin: GBPCHF Set_file EURCHF Set_file GBPCAD Set_file EURAUD Set_file AUDCAD Set_file USDCHF Set_file GBPAUD Set_file EURCAD Set_file USDCAD Set_file EA'nın Özellikleri: - Scalping teknikleri. - Rollover etkisi yok. - Swap yok. - Hafta
Golden Mirage mt4
Michela Russo
5 (9)
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
Yazarın diğer ürünleri
================================================================================ The utility is useful when you have to load history data for many symbols and timeframes. It loads the symbol used in the market watch. One symbol is scanned for all timeframes. Then the charts will be closed and the next symbol is scanned. You cannot abort the operation. Wait till it is done. ================================================================================
FREE
Fast Symbol Changer
Florian Riedrich
4 (1)
I was looking for a lean symbol changer. I could not find any. Normally other products hide lot's of screen space. So I developed a very lean symbol changer Just click on the 2 currencies you want to combine. The order does not matter. If you miss some pairs, you can add up to 5 custom symbols. Please make sure, your broker support your custom symbols. Drag an drop the panel with the green button. In future I plan to include suffix and prefix als well.
FREE
When I was testing several EAs on my demo account I realised, that I could not distinguish between the running orders. There were simply too many orders opened. For this I wrote this EA. Normally I test over 10 EAs on one demo account at a time. As you can see in the screenshot, there is one table with open positions. All orders are grouped by Magic Number. Now you see the opened orders, the profit and the drawdown of each Magic Number.  In addition there is an option to connect the Magic Num
With this EA you are able to record the spread of any currency pair you place in the input parameter. Just drag and drop the EA to one currency. You can record all currencies from ONE chart. There is no need to open multiple charts! But fill the market watch with all specified symbols! Double click on the background of the panel. So you can move it to another position. parameters: RunEA >>> Rec yes/no right from the beginning Export Folder Export Filename Appendix >>> None / Date / Day of Week U
Every trader is watching over his account over and over.... trying to anlayse every system he or she has. With this tool you are able to  export your complete history of every account export withdrawls / deposits / rebates to a separate file export account status with balance / equity / current drawdown recalculate micro to standard lots / profits ...  export decimal by "." or ","  combine a series of Magic Numbers to one unique Magic Number   filter to ignore OrderComments.
Filtrele:
Sven Markus Weller
4084
Sven Markus Weller 2024.08.23 12:16 
 

Profitable with a safe trading approach. Does not trade often, but always with profit. Sets not required. Many charts can be traded. Extensive settings, depending on trading type and risk appetite. Stop loss possible. Regular profit withdrawal is mandatory. Real Signal account available. Excellently programmed bot and very fast response from the seller.

Florian Riedrich
1722
Geliştiriciden yanıt Florian Riedrich 2024.08.27 19:38
Thanks Sven for this review. Let's gain some profit! If you need something, let me know
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