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Redemption and delivery Highly Profitable Gold Scalper for MT5

Highly Profitable Gold Scalper for MT5
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DominikD said:
Sorry, of course I mean product distribution but thank you for giving the group the chance to use it as well as a group buy!

Is there an input to close trades with a dedicated loss or does it layer trade after trade no matter which loss?
Click to expand...
You are asking the same question regarding the EA inputs again, but I will answer it anyway.

1. Stop Loss & Risk Management:Because this is a Martingale EA, there is no hard 'per trade' stop loss. You must use an Equity Protection EA (like Equity Sentry) and a News Filter EA.

  • The Reality: This might sound controversial, but this EA does not backtest well in the MT5 strategy tester, so I am relying purely on live real-account testing.
  • My Experience: When I tested my personal EA (which uses the same logic but a dual grid), the equity stop loss was hit a few times a year.
  • Variables: It all depends on your balance, your lot size, and where you set your equity stop.
2. Strategy Recommendations:I have tested this hundreds of times, so I know the behavior well. You have two options:

  • Safe Route: Use a very large balance with a small lot size.
  • Aggressive Route (My Method): Use a smaller balance (e.g., 10k cents) and accept the risk. I stop trading during news events.
3. The Owner's Results:As you saw in the screenshot, the owner went from 10k to 100k using super high-risk settings. To be honest, I am still not sure how he survived that long without blowing up, but the results are there.

Final Advice:Prepare your mind: This is Martingale. Only invest money you can afford to lose.I have already provided tons of risk settings to the group organizer ('Goodman'). In fact, I found a new setting on Friday:

  • Before News: 375 profit.
  • After News: I tried a new idea, and by the end of the day, the profit hit 780.
You will receive all these settings for every balance type once the buy is complete.
 
rx4312 said:
You are asking the same question regarding the EA inputs again, but I will answer it anyway.

1. Stop Loss & Risk Management:Because this is a Martingale EA, there is no hard 'per trade' stop loss. You must use an Equity Protection EA (like Equity Sentry) and a News Filter EA.

  • The Reality: This might sound controversial, but this EA does not backtest well in the MT5 strategy tester, so I am relying purely on live real-account testing.
  • My Experience: When I tested my personal EA (which uses the same logic but a dual grid), the equity stop loss was hit a few times a year.
  • Variables: It all depends on your balance, your lot size, and where you set your equity stop.
2. Strategy Recommendations:I have tested this hundreds of times, so I know the behavior well. You have two options:

  • Safe Route: Use a very large balance with a small lot size.
  • Aggressive Route (My Method): Use a smaller balance (e.g., 10k cents) and accept the risk. I stop trading during news events.
3. The Owner's Results:As you saw in the screenshot, the owner went from 10k to 100k using super high-risk settings. To be honest, I am still not sure how he survived that long without blowing up, but the results are there.

Final Advice:Prepare your mind: This is Martingale. Only invest money you can afford to lose.I have already provided tons of risk settings to the group organizer ('Goodman'). In fact, I found a new setting on Friday:

  • Before News: 375 profit.
  • After News: I tried a new idea, and by the end of the day, the profit hit 780.
You will receive all these settings for every balance type once the buy is complete.
Click to expand...
Amazing, you are great, thank you so much!
 
Let me clearly say to all before they start trading, This EA is not the one that you set and forget, Which makes you earn daily and you keep withdrawing. This EA does make profit but you need to check your chart to be make sure everything is fine and stop trading on news times.
 
Everybudy know that 9th Jan was NFP time and I am not 100% sure that he has stopped trading while news but check out this 2 screenshots.. almost 10k profit in single day.. That was same crazy setting which he started with 10k. he dont increase that setting no matter how much balance he has. so he start crazy and then keep same setting with big balance too.. so start crazy first and then be safe.
 

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DominikD said:
Sorry, of course I mean product distribution but thank you for giving the group the chance to use it as well as a group buy!

Is there an input to close trades with a dedicated loss or does it layer trade after trade no matter which loss?
Click to expand...
I am extremely sorry for the misinformation. Yes there is MAXDD option so once DD you set is hit.. may be all trades will be closed. I havent tested it yet. though.
 
rx4312 said:
Let me clearly say to all before they start trading, This EA is not the one that you set and forget, Which makes you earn daily and you keep withdrawing. This EA does make profit but you need to check your chart to be make sure everything is fine and stop trading on news times.
Click to expand...
what about the news indicator you were developing?
 
Yes its in progress problem is that I am having problem in sync with different timezones.. once is done I will share.. for now if anyone else have news EA for mt5.. It will be great.
 
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