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FOREXSTAY LIGHT

1.62

The FOREXSTAY LIGHT EA is a very intelligent expert system that works with 10 strategies & 10 filters and can open and manage up to 100 trades in one second. Change Manual GMToffset time to your broker time, and you can trade or test it as you like on GBPUSD because we created this EA for this pair, but you can also trade or test EURUSD, or any other currency pairs without changing any setting. It is desirable to make backtest and demo test before running it on a real account.

The FOREXSTAY LIGHT EA works on many of our live accounts, not on demo accounts. You can look at our real account in any time at mql5 site via https://www.mql5.com/en/users/forexstay. It uses the same settings for ALL years SINCE 1999.

The FOREXSTAY LIGHT EA uses ten smart strategies, and no martingale, no hedging, no grid. It always uses stop loss to protect your money with low drawdown and works on all brokers. It requires just one setting and never needs to be optimized again. We created and developed FOREXSTAY LIGHT EA to work only on M15 charts, also it must trade on GBPUSD, if you want to get very high profit from this EA.

It is recommended to use a low spread broker and a VPS. 1:400 leverage or more is good. If you have a micro account, you can start using it with $50 only.

For Customers

Please send the author a private message to get support or help, or anything else.

Strategy Tester Result with the default setting in the FOREXSTAY-LIGHT:

  • Tested for 16 years: On GBPUSD year 1999 to 2014 it generated in the tester more than $744,981,965.25 from $10000 deposit using Risk= 25%
  • Tested for 16 years: On EURUSD year 1999 to 2014 it generated in the tester more than $575,021,692.59 from $10000 deposit using Risk= 45%

Important Parameters. Please don't change them until you know what you do.

Parameters

  • UseMM=true; — Enabling capital management (Money Management).
  • MaxLots — Maximum lot (with the MM value predetermined above, the volume of the lot will not increase).
  • MaxOrders— Maximum number of orders.
  • MaxSpread — Max spread.
  • Slippage — Slippage. 1-2 suggests - no more and no less.
Reviews 18
Golia-R
41
Golia-R 2015.06.02 00:59 
 

good

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Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
Quantum Gold Emperor MT4
Bogdan Ion Puscasu
5 (5)
Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD (GOLD )pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal :  
XG Gold Robot MT4
Marzena Maria Szmit
4.39 (23)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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SimonH79
427
SimonH79 2017.05.26 00:39 
 

Same to me. I buy the EA two years ago and never make a win with it.. this EA is shit

[Deleted] 2017.03.29 22:42 
 

User didn't leave any comment to the rating

Michal Bartos
230
Michal Bartos 2016.05.04 10:16 
 

User didn't leave any comment to the rating

[Deleted] 2016.01.24 18:17 
 

User didn't leave any comment to the rating

Ola Said Abd Elghafar
4069
Ola Said Abd Elghafar 2015.10.04 20:56 
 

User didn't leave any comment to the rating

nkkhuen
1705
nkkhuen 2015.09.24 03:03 
 

Thank you this EA, that is very good for trading result, I use ECN commission account. starting i use it i always use SL 29pips and TP is 4pips SO i start on end of MAY, my capital is USD 2000

In June i have profit 746.00,

July 711.00,

Aug 581.00

Sept till today is 88.00 .

I can see the result is very GOOD, i recommand to buy this EA . thanks

( but i stop use this EA in many year )

m2paper
54
m2paper 2015.09.23 09:29 
 

God

Ovied
1026
Ovied 2015.09.16 13:23 
 

Exercise caution. I purchased this EA when it first came out and I am just now getting around to leaving a review. I was captivated by the 100 percent win rate of the signal and thought I would give this a shot.

My opinion if this EA is that the system is incomplete. You will win a lot of trades with TP of 4 pips with this system, but when you hit a stop loss it wipes everything away including part of your deposit. Yes, you can adjust stop loss settings and TP settings.....however this system is a high priced EA! Author should be providing the best settings for his EA and so far those settings will wipe out your account.

Author needs a good hedge system added to this EA to avoid the painful stop loss (and completing this system).

Jean Pierre Bruneau
838
Jean Pierre Bruneau 2015.09.10 08:40 
 

Hi Traders

I begin like many other traders to rent the signal of ForexStay (light or running on many other names)

Finally, I have bought this EA ForexStay Light at $2000.00 the 23-06-2015

I give for the service of M. Saad 5 stars

For the EA I give at least 1 star...

On 100 trades this EA the trade 97.6% of the time on the wrong direction with a SL average 25 to 36 pips.

I think this EA are base on LUCK or some divine pryers... but the forex market is a devil, so that can't work.

So,I stop this EA because they generate too much lost and I do previously the same for her copy signals.

I buy a dream, now I live the reality and I really don't like this one :-(

I always think what I say and, always say what I think...JPKing.

Zhiteng Wang
172
Zhiteng Wang 2015.09.02 19:59 
 

SCAMMER!!!!

Alessio Bizzarri
3813
Alessio Bizzarri 2015.08.26 01:31 
 

3 My Account exploded tonight EUR-USD file Set. H2 tot. € 10,000 loss - make Attention this product.

Why Saad often from cash accounts signals, not using StopLoss, when trading runs off him pour new cash until the trader does not fall in profit.

to do this trading did not need a ExpertAdvisor $ 2,000.

Likely many nights 23:00 to 3:00 EA will bring profit 4 Pips- then 1 night the price runs worse if run for 2 nights as a success 20/08/15 - 24/08/15 unless you have enough cash Boom!

If you use StopLoss defoult Set. 29 Pips or 50 Pips - very long time recovering losses 4 Pips gain - likely before resuming StopLoss to availability money account.

Precise, that I'm not saying EA Light is a bad robot. I tell you my experience with him from 15.07.2015 - Investment $ 2,000 to buy Expert. 3 Exploded account today 08/24/15 - Investment - € 10,000 TOTAL = € -12,000 in a month. good luck .

Humraz Parmar
523
Humraz Parmar 2015.08.25 23:47 
 

Huge Stoploss. The Author is a scammer! He deposits extra money everytime the drawdown in ALL his signals becomes great to prevent Margin Call!!! Total Scammer save your money friends don't give this scammer another cent!

myfxrobots.com
524
myfxrobots.com 2015.08.24 14:49 
 

Edit 24th Aug 2015:

Just as predicted, a SL again. This time leaving with only 16% of the account balance.

Edit 4th Aug 2015:

Author (Saad) contacted me and asked to give five stars and after that he would set the robot up for my broker. I declined but decided to give the robot another try with the settings Saad shares at his website (Smart Trade 1).

Results: http://myfxrobots.com/2015/07/172/

----------------------------------------------

I bought this two months ago and second night was a big SL. Decided to give it some time anyway at least to make up for the loss in a minimum risk.

Tonight happened the third SL in the past 30 days. This rate the EA will not make up for any loss ever.

Signal and EA give out different results even with same broker and same settings (2H).

For example today:

Signal BUY EURUSD = WIN

EA SELL EURUSD = STOP LOSS

Patrickup
115
Patrickup 2015.07.10 03:29 
 

User didn't leave any comment to the rating

zhlhgd
28
zhlhgd 2015.06.04 16:40 
 

5月12日购买的EA,不能用,卖家很忙,不提供帮助,不负责任

Golia-R
41
Golia-R 2015.06.02 00:59 
 

good

Mohammad Aghigh
817
Mohammad Aghigh 2015.03.31 17:35 
 

i edited last review

this signal and this author just speaking and

in real its different

please take care

not work like signals

mayby have secret set file or secret version

Wasley Abraao
584
Wasley Abraao 2015.03.31 05:40 
 

User didn't leave any comment to the rating

Reply to review
Version 22.325 2022.03.26
Improved algorithm for faster execution and faster orders modification
Version 8.28 2019.07.04
Improved algorithm for faster execution and faster orders modification.
Version 8.19 2019.04.19
Improved algorithm for faster execution and faster orders modification.
Version 8.6 2016.05.23
Version 8.6 - 2016.05.18
Improved algorithm for faster execution and faster orders modification.
Changed Trade Time settings to:
ManualGMToffset = 2;
StartWorkTimeHour = 21;
EndWorkTimeHour = 23.
Version 8.3 2015.09.24
ADDITIONAL FEATURES:
Version 8.3 - 2015.09.24
- Improved algorithm for faster execution and faster backtests
- User can use the automatic time to close the trade by time
- User can change filter settings and run or stop any filter
- User can change Expert Comment
- User can change magic numbers
Version 7.9 2015.08.27
Improved algorithm for faster execution and faster orders modification.

We disabled some setting that maybe make problem with ECN account but you can enable this setting if you want:
- change the standard setting for UseStopLevels to FALSE
- change the standard setting for UseFakeStopLevels to FALSE
- change the standard setting for IsMarketExecution to FALSE
Version 7.8 2015.07.16
Additional features:
- Added more time for trade: it's now 2 hour StartWorkTimeHour = 21, EndWorkTimeHour = 23 and ManualGMToffset = 3
- User can change UseDST (daylight saving time) to TRUE or FALSE
- User can change UseStopLevels (the inclusion of stop orders). If disabled, virtual take and loss are enabled
- User can change UseFakeStopLevels and put fake stop levels
- User can change IsMarketExecution - the inclusion of market performance opening orders (first opens, and then modifies)
- Improved algorithm for faster execution and faster backtests
Version 7.4 2015.04.13
Changed daylight savings settings to:
* ManualGMToffset = 3;
* UseDST = TRUE;
* StartWorkTimeHour = 21;
* StartSessionMinute = 0;
* EndWorkTimeHour = 22.