EA EMAGIC
[EA] EMAGIC - is Advisor for MetaTrader (MT4), held for trading in two major currency pairs EUR / USD and GBP / USD. But customizing it also works well on other currency pairs. Expert complex contains a fully functional and precise mechanical trading strategy that requires a certain coolness.
- It is based on standard indicators MT4 - "EMA" and "Stochastic Oscillator".
- The strategy only works on the M5 timeframe.
- Easy to set up and manage.
[EA] EMAGIC It has a number of unique features:
- It can be configured to work with other currency pairs to choose from.
- Has a setting money management and risk management.
- Additional functions for testing the response of the different market situations.
Expert works completely automatically, but nevertheless we recommend to watch him. In other words, you can just run it and constantly monitor its performance. The market is unpredictable, and no fully automatic system can not cope with unexpected behavior of the market, especially in the macroeconomic news release situations.
The expert must be configured to work from 9:00 to 16:00 CET (FRANKFURT), i.e. since the beginning of the London session until the second hour of the NY session (14:30 CET - the usual time when the macroeconomic data released in the US).
Testing on historical data
Expert comes with a "factory" default settings that are suitable for use with the two major currency pairs - EUR / USD and GBP / USD. Please note that the test of any system on historical data will not be able to give you a reliable idea of how it will work in real market conditions. We reserve the right not to comment on any results of backtesting.
Input parameters
- EnableMM - include MMRisk function
- MMRisk - the risk of a percentage of the funds in the account
- FixedLot - a fixed position size
- StopLoss - a fixed value of the stop-loss
- TPOnSLRatio - SL (x) = the value of this factor TP
- TrailStop - SL (x), this factor = Trailing Stop
- SoundAlert - enable sound notification of the opening position
- SoundName - an audio file that is used for sound notifications
- PushAlert - include Push-Notification
- EmailAlert - enable e-mail notification
- AllowMultipleSignal - including numerous signals
- MinTimeGap - the minimum time between two signals
- PositionLimit - the maximum number of open positions
- OpenReverse - expert opens the reverse position
- OpenHedge - expert 2 open hedged positions
- SetSLTPOnEntry - SL and TP are automatically
- ProfitReached - upon reaching a certain position earnings:
- ProfitLocked - move SL in minimal profit
- MaPeriod - internal adjustment indicator MA
- MaMethod - internal adjustment indicator MA
- MaShift - internal adjustment indicator MA
- MaAppleid - internal adjustment indicator MA
- MinMADistance - the minimum distance from the MA to the open position
- MaxMADistance - the maximum distance from the MA to the open position
- StochKPeriod - internal settings Stochastic indicator
- StochDPeriod - internal settings Stochastic indicator
- StochSlowing - internal settings Stochastic indicator
- StochMethod - internal settings Stochastic indicator
- StochPrice - internal settings Stochastic indicator
- TimeFilter - limit expert's work time
- StartHour - internal computer clock - hour start
- StopHour - internal computer clock - the end of the hour
- MagicNumber - enter any number here.
- TradeComment - enter any text here.
If you have already purchased the product
We ask you to send us a private message, we will send you a user manual describing the functions, as well as recommendations to trade on a live account, etc.
Author
Antonin Skaryd - a private investor and analyst, software developer and founder of the company FUTURE ENTERPRISE.
[EA] EMAGIC - is fully functional and precise mechanical trading strategy that does not tolerate emotions, unconventional approaches to trade and thoughtless behavior of the trader. It has the exact entry and exit points.
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