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Panagsa Trader

Panagsa EA: Trend-Following Strategy for Gold and USDJPY

The Panagsa EA is an automated trading system for MetaTrader 5, designed for trading Gold and USDJPY. This Expert Advisor uses technical indicators to identify potential trading opportunities in trending markets for these two instruments.

Key Features:

  1. Dual Indicator Strategy: Combines Relative Strength Index (RSI) and Average Directional Index (ADX) to generate trading signals.
  2. Customizable Parameters: Adjustable settings for RSI, ADX, and trend strength thresholds for both Gold and USDJPY.
  3. Flexible Position Sizing: Offers fixed volume and risk-based volume calculation modes.
  4. Risk Management: Includes customizable Take Profit and Stop Loss levels for each instrument.
  5. Trend-Following Logic: Aims to trade in the direction of strong trends in Gold and USDJPY markets.
  6. Instrument-Specific Settings: Default parameters optimized for Gold and USDJPY trading.
  7. Automated Operation: Runs without constant monitoring once set up.

How to Use:

  1. Installation: Download and install the Panagsa EA on your MetaTrader 5 platform.
  2. Symbol Selection: Apply the EA to a Gold (XAUUSD) or USDJPY chart.
  3. Parameter Setup: Adjust the input parameters according to your trading preferences:
    • Set RSI period, oversold, and overbought levels
    • Configure ADX period and threshold
    • Choose between fixed or risk-based volume
    • Set Take Profit and Stop Loss levels
  4. Activation: Enable automated trading on your platform and ensure the EA is allowed to trade.
  5. Monitoring: Regularly check the EA's performance and adjust parameters if necessary.
  6. Risk Management: Always use appropriate position sizing and risk levels suitable for your trading account.

Important Note: While the Panagsa EA is designed to identify trading opportunities based on technical analysis, it's crucial to understand that no trading system can predict future market movements with certainty. The financial markets are influenced by numerous factors, many of which are unpredictable. Therefore, this EA, like any trading tool, cannot guarantee profits or prevent losses.

Past performance does not indicate future results. The effectiveness of the EA can vary depending on market conditions, which can change rapidly and unexpectedly. It's strongly recommended to thoroughly test the EA on a demo account to understand its behavior under various market scenarios before considering real money trading.

Responsible trading practices, including proper risk management and continuous education about market dynamics, are essential when using any automated trading system. The developer provides support through the platform's built-in communication system to assist with setup and operation, but cannot predict or guarantee trading outcomes.

Always remember that trading carries high risk, and you should only trade with capital you can afford to lose. The Panagsa EA is a tool to assist in trading decisions, not a substitute for sound trading knowledge and prudent financial management.


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The law of Jungle MT5
Inrexea Limited
5 (1)
Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
Big Forex Players MT5
Marzena Maria Szmit
4.84 (49)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
HFT PropFirm EA MT5
Dilwyn Tng
4.83 (24)
MT4 Version: https://www.mql5.com/en/market/product/104871 Überwachung der Leistung des HFT MT5 Challenge (nicht für Live-Konten): Broker: Fusion Market Login: 89600 Passwort: Greenman89$ Server: FusionMarkets-demo Mehr als 700 echte 5-Sterne-Bewertungen für die zuvor veröffentlichte MT4-Version: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Öffentlicher Kanal: https://www.mql5.com/en/channels/hftpropfirmea MT4 Version: https://www.mql5.com/en/market/product/104871 Ha
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 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
Bitcoin Robot MT5
Marzena Maria Szmit
4.43 (40)
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Gold Mana MT5
Dilwyn Tng
4.22 (23)
Gold Mana wurde nach über einem Jahr intensiver Forschung und Tests entwickelt. Dieser Expert Advisor nutzt Volatilitätsmessungen in mehreren Zeitrahmen, analysiert die Absichten der Marktteilnehmer und antizipiert Preisbewegungen, bevor sie auftreten, mit Hilfe von Kerzenmustern und Angebots- und Nachfrageanalysen für genaue Einstiege, die hoch reaktiv auf Preisbewegungen von Gold reagieren, indem er an kritischen Niveaus des Goldpreises ausbricht. Gold Mana hat sich über mehr als 17 Jahre hi
Hercules AI
Aleksandr Chebotaev
2.6 (30)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Parrots Breaker
Siti Hadijah Lena
4.67 (3)
Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Dark Algo MT5
Marco Solito
5 (51)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Daytrade Pro Algo MT5
Profalgo Limited
4 (9)
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es
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