Realised GoodMorning EA

Product link: https://www.mql5.com/en/market/product/75480


Real-time signals of this EA:

Fixed lot size: https://www.mql5.com/en/signals/1296048

Auto lot: https://www.mql5.com/en/signals/1288847

MT4 version is here

GoodMorningEA is an advanced night trading system. It uses intelligent algorithms to enter the market safely when the market is at its calmest, and has a variety of ways to exit, so that your profits can be safely pocketed. The system I have studied for many years, and for the improvement of the current market situation, to make it more responsive to recent market conditions, it can be seen from the test results back from the beginning of January 2021, GoodMorning's performance is getting better!

The system has been MT4, MT5 version, MT4 backtesting Growth was particularly amazing, but because of backtesting MT4 is not a true reflection of the night market real spreads, slippage and inventory costs, while backtesting and firm performance MT5 almost identical , I will use MT5 data as the basis for the introduction.

GoodMorning does not use Martin, does not use grids, only a strict rule-based trading method, only opens one order at a time, and sets a stop loss for each transaction, allowing the maximum return while controlling risk.

Supported currencies pairs: CHFJPY, EURAUD , EURCAD, EURCHF, GBPAUD, GBPCAD, GBPCHF, EURUSD, EURGBP, GBPUSD, USDCHF

Recommended currency pairs: GBPAUD , GBPUSD , CHFJPY

Timefream: M5

It can be seen from the backtest curve that GoodMorningEA cannot guarantee profit every day and every month. In fact, no one or EA can guarantee it, because there is no holy grail in trading. Persist in a medium and long-term use, you will get an ideal return.

feature:

• Just one chart can run all varieties
• Multiple exit mechanisms
• Reliable backtest and LIVE SIGNAL
• Back-testing should be done using Tick Data Suite GMT+2 and US DST . Most brokers use this GMT offset

how to install

If your broker uses a suffix (eg EURUSD.a ), you should update the name in the Symbol parameter

Use only the recommended pairing, you do not need .set file, all settings are stored in the internal EA

Require

EA needs good brokerage conditions: low spreads and slippage during the rollover period, the best account type is ECN .

Brokers recommended after real testing:

• IC
• FXTM
• FOREX.COM
• EASYFOREX
• Or send me a private message for advice

EA should continue to run on the VPS , and the delay of the VPS should not exceed 20ms

Policy setting

• Strategy selection - basic strategy / trend filtering- trend filtering strategy will have fewer transactions and higher winning rate
• Lot number method -True will turn on automatic lot size /False will use fixed lot size
• Fixed Lot- fixed trading lot
• Automatic lot base - the automatic lot used for each balance base. If you fill in 50 , it will use 0.01 lot per $50
• Multi-variety settings - a list of symbols separated by commas, to be traded. If it remains empty, the current chart symbol will be run. If your broker uses a suffix, you need to include the suffix!
• Maximum spread, in points - the maximum allowable spread for opening a position
• Maximum slippage, in points - maximum allowable slippage
• Maximum drawdown percentage - if the current exceeds the specified percentage retracement float, EA will close open positions - 1 100%
• Commission-commission per lot

time setting

• GMT selection - select the GMT offset of the current server location
• Stop trading time - all open positions will be closed at this time

other settings

• MagicNumber- unique EA instance number. Usually don't need to change it
• Trade Review - Review

https://clubbingbuy.com/threads/goodmorning-ea.6593/