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Check out the Gods Gift EA v 4c2 EA!
This Expert Advisor helps you make informed trading decisions by analyzing various technical indicators. It aims to identify potential buy and sell opportunities based on specific conditions and parameters.
How this EA works:
It closely monitors market conditions and applies a set of rules to decide when to buy or sell. It checks criteria like Stochastic levels, moving averages, and custom indicators to make its decisions. You can adjust various parameters to customize your trading strategy, including lot size, stop loss, take profit, and more.
Setting it up:
Download the EA's .mq4 file.
Open your MetaTrader 4 (MT4) platform.
Go to "File" -> "Open Data Folder" -> "MQL4" -> "Experts."
Copy and paste the .mq4 file into the "Experts" folder.
Restart your MT4 platform.
Find "Gods Gift EA v 4c2 EA" in the "Navigator" panel.
Drag and drop it onto your chart.
Adjust the parameters to your liking.
MagicNumber: An identifier for the EA's trades.
SignalMail: Enable/disable email notifications for trading signals.
EachTickMode: Choose whether the EA operates on each tick or not.
Lots: Set the trading lot size.
Slippage: Define the allowable slippage for orders.
StopLossMode: Enable/disable setting stop loss levels.
StopLoss: Set the stop loss level.
TakeProfitMode: Enable/disable setting take profit levels.
TakeProfit: Set the take profit level.
TrailingStopMode: Enable/disable trailing stop functionality.
TrailingStop: Set the trailing stop value.
UseHourTrade: Enable/disable trading during specific hours.
FromHourTrade: Define the start hour for trading.
ToHourTrade: Define the end hour for trading.
RequiredStochLevelSell: Enable/disable Stochastic level requirement for selling.
StochSell: Set the Stochastic level for selling.
RequiredStochLevelBuy: Enable/disable Stochastic level requirement for buying.
StochBuy: Set the Stochastic level for buying.
stochShort, stochMed, stochLong: Define Stochastic periods for different timeframes.
ShortStochSellEntry: Set the Stochastic level for short-term sell entry.
ShortStochBuyEntry: Set the Stochastic level for short-term buy entry.
MaxStochDiffMedvsLong: Enable/disable comparing Stochastic levels.
MaxStochDifference: Set the maximum Stochastic level difference.
AdditionalTimeFilter: Enable/disable an additional time-based filter.
hour: Define the specific hour for the filter.
EMAPeriod: Set the period for Exponential Moving Averages.
Here are some optimal settings to get you started:
Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: 1-hour
MagicNumber: 0
SignalMail: False
EachTickMode: True
Lots: 0.1
Slippage: 3
StopLossMode: True
StopLoss: 60
TakeProfitMode: True
TakeProfit: 100
TrailingStopMode: True
TrailingStop: 30
UseHourTrade: True
FromHourTrade: 17
ToHourTrade: 10
RequiredStochLevelSell: True
StochSell: 40
RequiredStochLevelBuy: True
StochBuy: 60
stochShort: 1
stochMed: 20
stochLong: 50
ShortStochSellEntry: 80
ShortStochBuyEntry: 20
MaxStochDiffMedvsLong: True
MaxStochDifference: 8
AdditionalTimeFilter: False
hour: 18
EMAPeriod: 40
Buy when Stochastic levels are low (e.g., below 20).
Sell when Stochastic levels are high (e.g., above 80).
Use a 1-hour time frame for better accuracy.
These settings are optimized for trading the EUR/USD currency pair with a minimal balance of $1,000 and a 1-hour time frame. Adjust them according to your preferences and risk tolerance.
gods gift ea v 4c2.mq4 12.02 kb, 7 downloads since 2023-11-21
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