Recruitment of participants Gegatrade Pro MT4 (Source Code MQ4)

Discussion in 'Source Code (MQ4) - (MQ5)' started by Dron, 3 January 2024.

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  1. Dron

    Dron Well-Known Member
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    #1 Dron, 3 January 2024
    Last edited: 3 January 2024
    Gegatrade Pro MT4 (Source Code MQ4)

    Screenshot_741.jpg

    System: Metatrader 4
    Needed indicators: in zip arhive
    Timeframe: H4
    Currency pair: EURUSD, GBPUSD, EURAUD, EURCHF, AUDNZD, AUDUSD, NZDUSD
    Limits by accounts: No
    Broker account: any
    Type of trading: Middle-term trading
    Moneymanagement: yes
    Max. spreads allowed: 8 (80)
    TakeProfit and StopLoss max used: 120 (SL), 60 (TP)

    https://www.myfxbook.com/members/Lady_Grand/ea-for-mt4/3501921

    Open source MQ4 robot is a program written for MetaTrader, an online trading platform. Source code means that it can be opened for viewing or editing in MetaEditor and is essential for changing the code. Mq4 forex robot written in MetaQuotes Language 4 (MQL4), that allows you to create trading robots, technical indicators, scripts and function libraries.

    EA based on the fact that most of the time the price usually moves between the upper and lower boundaries of the trading channel.
    Basing on this fact, GEGATRADE Pro places its first trade, based on its RSI trend Indicator combined with its State-Of-The-Art.
    Gegatrade Filters, assuming that the price is going to return to its average value.

    This assumption holds with high probability, giving GEGATRADE PRO 75% profitable trades, which increase the account balance.

    If the price leaves the trading channel and continues further in this direction, Forex bot will add new trades and increase the overall position with a special algorithm making it bypass fast swings. When a pull-back of the price occurs, GEGATRADE PRO closes the whole basket of orders with a small profit.
    The trading logic of Forex trading bot is not static but constantly changing and adapting to the actual market conditions.

    The Robot is secured by a built-in State-Of-The-Art “News WatchDog” system. The News WatchDog Scans all day for News Events based on the Currency that you define. When the EA Confirm a News event will happen, it puts itself into Pause and stop trading during that time, protecting the Balance from News that could effect the Forex Market.
    The EA does not have a magic Stick or something like that, it has a Fast execution Algorithm, It uses a special Mathematical formula to manage the loosing trade, by adding more trades and dealing with them as one basket of trades.

    Specification of Forex robot mq4 Gegatrade
    75% profitable trades
    30-60% monthly profit
    The minimum balance requirement in the terminal should be $100. That means if you are not able to invest $100, you can open cent account with the investment of as little as $1 or more.

    What you are buying
    EA files: Gegatrade.mq4
    Indicators: 40 indicators files



    Source Code MQ4

     
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