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Procyon

Procyon is a fully automated professional Expert Advisor for scalping trading and designed for the major volatile pairs.
It use a custom algorithm for recognizing the Price Action and sends a pending order during large market movements and takes advantage of the retracement to make a significant profit, while ensuring some moderate losses through a tight hard stop loss.

Advantages

  • Few parameters for more efficiency (with .set files for each pair)
  • Hard Stop loss and Spread filter for every trade
  • Optimized lot size managed by account Balance and Risk
  • No Grid, No Hedge, No Martingale, and No Averaging of losing positions
  • Effective even on low leverage accounts (1:30 or higher)
  • Low Drawdown to start with a small capital ($200 min or higher)

Parameters

Trading
  • Allow Trading : Stop all activities of Expert if false (do not use this option if orders with same Magic Number are opened)
  • Allow SELL orders : Enable/disable Sell orders (do not use this option if Sell orders with same Magic Number are opened)
  • Allow BUY orders : Enable/disable Buy orders (do not use this option if Buy orders with same Magic Number are opened)
  • Stop Loss : Hard Stop loss distance in points
  • TrailingStart : Distance in points of trailing beginning
  • TrailingSize : Size in points of trailing
  • Magic Number : Number to distinguish orders from others EA
  • ValueForceATR : Value to determine the signal force volatility. The higher the value, the fewer the trades. It is a variable of important adjustment according to the traded pair
  • Max Spread : Maximum spread allowed to open a trade
  • Max Slippage : It will be your max slippage to open a trade
Money management
  • Fixed lot : Size of lot if AutoLot if Automatic LotSize is disable
  • Automatic LotSize : Enable/disable automatic lot calculation based on account free margin, stoploss size and risk percentage
  • Risk on eatch order : Percentage of account balance for Automatic LotSize calculation (0.03 for 3% for exemple)
  • Max Lot Size : Max Lot size to use if Automatic LotSize is enable

General Recommendations

This Expert Advisor requires ECN account with low spread and good execution.
A VPS is required, located in the same location of your broker's server.
Be careful, this expert is sensitive to latency and slippage to provide optimized performance, i recommend great caution in starting to test it on a demo account for at least few months before using it on a real account.

Minimal recommended deposit - $200
Timeframe : M1
Best result when used on high volatility 5 decimal pairs like GBPUSD, EURUSD, USDCAD ...

Good luck !
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2.9 (20)
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This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
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Martin Alejandro Bamonte
5 (1)
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Marzena Maria Szmit
4.48 (25)
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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Profalgo Limited
5 (2)
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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
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4.7 (43)
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