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Josmellon Gold EA V5

Welcome to Josmellon GOLD EA V5, an automated trading solution designed for XAUUSD (Gold) on MetaTrader 4. It uses automation and a sophisticated strategy tailored for the dynamic Gold market.

Overview:

  • Crafted for Gold trading to capitalize on its liquidity and movements.

  • Relies on two Triangular Moving Average-based indicators for trade decisions.

Key Features:

  1. Automated Execution: Executes precise and timely orders in the volatile Gold market.

  2. Indicator-Based Signals: Relies on two selected indicators for accurate trade entries and exits.

  3. Triangular Moving Average Strategy: Employs a robust strategy to identify and capitalize on market momentum.

Strategy and Trading Logic:

Strategy Overview:

Josmellon GOLD EA V5 operates on a robust trading strategy centered around the Triangular Moving Average (TMA). This approach is designed to identify potential trend reversals and capitalize on market momentum. The strategy aims to execute multiple trades, utilizing stop losses to manage risk. In the event of a stop loss being triggered, the EA employs a recovery mechanism by initiating another trade in the same direction, with the objective of compensating for losses. The ultimate goal is to achieve a net profit over a series of trades.

Trade Identification:

The EA identifies trade opportunities by closely monitoring the Triangular Moving Average. This indicator serves as a key component in assessing the direction and strength of the prevailing trend. The TMA is a variation of the simple moving average, offering a smoother representation of price movements.


Trading Logic:

  • Potential Trend Reversal: The EA actively seeks potential trend reversals in the Gold market, utilizing signals from two distinct indicators based on the Triangular Moving Average.

  • Multiple Trades with Stop Losses: When a trade is initiated, the EA is equipped to take multiple trades in succession. Each trade is accompanied by a strategically placed stop-loss order to manage potential losses.

Recovery Mechanism: In the event that a trade hits its stop loss, the EA promptly initiates another trade in the same direction. This recovery mechanism is designed to offset losses and steer the overall series of trades towards profitability.

 Installation:

Follow these step-by-step instructions to seamlessly install Josmellon GOLD EA V5 on your MetaTrader 4 platform:

Step 1: Unzip the File

Begin by unzipping the downloaded file. Extract all contents to a location on your computer where you can easily access them.

Step 2: Copy Files to the MT4 Platform

  • Locate the "Josmellon Gold EA V5" folder in the extracted contents.

  • Copy all the files within this folder and paste them into the "Expert" folder in your MetaTrader 4 directory

MetaTrader 4 Directory: [Your MT4 Installation Path]\MQL4\Experts\

  • Next, find the "Indicators" folder within the extracted contents.

  • Copy all files from the "Indicators" folder and paste them into the "Indicators" folder in your MetaTrader 4 directory.

MetaTrader 4 Directory: [Your MT4 Installation Path]\MQL4\Indicators\

  • Finally, locate the "template" folder in the extracted contents.

  • Copy all files from the "template" folder and paste them into the "template" folder in your MetaTrader 4 directory.

MetaTrader 4 Directory: [Your MT4 Installation Path]\templates\

Step 3: Run Josmellon Gold EA V5 Template

  • Launch MetaTrader 4 on your computer.

  • Open a new chart for the XAUUSD (Gold) pair.

  • Apply the Josmellon Gold EA V5 template to the chart. You can do this by right-clicking on the chart, selecting "Templates," and then choosing "Josmellon Gold EA V5."

Step 4: Start the EA

Once the template is applied, Josmellon GOLD EA V5 will be activated on the selected chart. You should see the EA settings and relevant information displayed on the chart.

Congratulations! You have successfully installed and initiated Josmellon GOLD EA V5 on your MetaTrader 4 platform. Ensure that your platform is connected to your trading account and that the EA is enabled for automated trading.



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Hinweise Der EA enthält maximal 6 Einstiegspunkte, die Losgröße pro Trade entspricht der Order-Losgröße multipliziert mit 6, daher bitte keine zu hohe Losgröße verwenden. Die standardmäßige Losgrößenberechnung erfolgt nicht prozentual zum Kapital. Unsere Standardberechnung ist nicht von der Hebelwirkung beeinflusst und ermöglicht eine genauere Risikokontrolle.  Es wird empfohlen, Kapital über 1.000 US-Dollar einzusetzen, um die Risikobeständigkeit zu erhöhen. Bei gleichzeitiger Nutzung mehrerer
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
AW Recovery EA
AW Trading Software Limited
4.36 (73)
Der Expert Advisor ist ein System zur Wiederherstellung unrentabler Positionen. Der Algorithmus des Autors sperrt eine Verlustposition, teilt sie in viele separate Teile und schließt jeden von ihnen separat. Einfache Einrichtung, verzögerter Start im Falle eines Drawdowns, Sperren, Deaktivieren anderer Expert Advisors, Mittelwertbildung mit Trendfilterung und teilweises Schließen einer Verlustposition sind in einem Tool integriert Es ist die Verwendung von Schließungsverlusten in Teilen, die es
Miliron mt4
Nadiya Mirosh
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
Quantum Quotient MT4
Mohammadmahdi Sanei
Wir stellen den Quantum Quotient für Trader und Bewerber von PropFirms vor. Dieses automatisierte Handelssystem implementiert eine Strategie ohne MARTINGALE- und GRID-Taktiken, die sorgfältig unter Verwendung proprietärer technischer und fundamentaler Indikatoren entwickelt wurde. Diese Methodologien haben über ein Jahr lang rigorose Tests und Verfeinerungen durchlaufen. Die Quantum Quotient-Strategie umfasst vier Schlüsselschritte: 1. Angebot und Nachfrage Analyse: Zunächst berechnet das Sy
Ai Hybrid Robot MT4
Mansour Babasafary
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
Trend Predictor EA
AW Trading Software Limited
4.69 (13)
AW Trend Predictor EA – ein Expert Advisor, der mit Trendindikatorsignalen handelt AW Trend Predictor. Verwendet die Indikatorstrategien TakeProfit und StopLoss. Kann Multi-Timeframe-Filterung verwenden. Hat einen festen StopLoss oder StopLoss, der vom Indikator berechnet wird. Zeitbasiertes Arbeiten und Mittelwertbildung sind funktional möglich. Instruction and description ->  HERE  / MT5 version ->  HERE   Vorteile: Verwendet einen festen StopLoss oder einen dynamischen StopLoss, der vom In
Gold Scalper Trading
Ho Tuan Thang
4.15 (13)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Bonnitta EA
Ugochukwu Mobi
2.9 (20)
Bonnitta EA basiert auf der Pending-Position-Strategie (PPS) und einem sehr fortschrittlichen geheimen Handelsalgorithmus. Die Strategie von Bonnitta EA ist eine Kombination aus einem geheimen benutzerdefinierten Indikator, Trendlinien, Unterstützungs- und Widerstandsniveaus (Preisaktion) und dem wichtigsten oben erwähnten geheimen Handelsalgorithmus. KAUFEN SIE KEINEN EA OHNE ECHTEN GELDTEST VON LÄNGER ALS 3 MONATE, ICH HABE MEHR ALS 100 WOCHEN (MEHR ALS 2 JAHRE) GEBRAUCHT, UM BONNITTA EA MI
Bitcoin Expert
Elif Kaya
5 (1)
-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, whi
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The "DrawDown For Prop Firm" is designed to manage drawdown levels for prop firm challenges using the MetaTrader 4 (MT4) platform. The EA aims to monitor the drawdown of the trading account and take necessary actions when the drawdown exceeds a specified trigger percentage. Example Scenario: Assume you have a trading account with an opening balance of $5000. You decide to use the "DrawDown For Prop Firm" EA to manage your drawdown, and you set the drawdown trigger percentage to 4%. EA Configurat
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