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Simon MT4

Here I present you the Simon Expert Advisor. The Expert Advisor has a unique system of opening orders at support and resistance levels. Levels are determined by genetic algorithm and get updated every day.

PLEASE PAY ATTENTION BEFORE TESTING!!!

  • Symbol: EURUSD
  • Timeframe: М15
  • Model: Every tick

It is important for the Expert Advisor to operate in the correct time zone, so before testing, you should correctly set the GMT parameter.

How to set the GMT parameter correctly?

  1. The setting should be made at the time when the market is open and ticks are received in the trading terminal.
  2. Open Google and search for "Current GMT time," then open the first website that appears and note the time (for example, it's 10:53).
  3. Open the trading terminal in which you will be testing and using the Expert Advisor. Open the data window (Market watch in English), and at the top of this window, you will see the time of your broker's trading server (let's say it's 12:53).
  4. Subtract the Greenwich Mean Time (GMT) from the broker's time and get the parameter to be set in the Expert Advisor (Example: 12-10=2, set +2 in the advisor).

The Expert Advisor can trade using the classic algorithm with fixed StopLoss and TakeProfit, as well as using the strategy of averaging which gives a stable profit on a long distance.

+BONUS: Trading panel.

For those who prefer manual trading and want to control risks independently, there is an additional Trading Panel module. To get the opportunity to open trades in manual mode with a high-performance trailing stop, leave a review about Prop GT and send me a private message.

Installation and configuration

The Expert Advisor is configured to work on 6 currency pairs: EURUSD, EURJPY, EURAUD, USDCAD, AUDNZD, AUDCAD.

You can download the settings files by clicking here

IMPORTANT!!! Set the GMT parameter for your broker otherwise you will not get correct tests.

External settings of the Expert Advisor

  • Money Management – select the type of lot calculation
  • Lot – initial lot in case of using Money Management = Set the lot in the Lot parameter
  • Divider (Balance / Divider) – divider for the calculation of the initial lot from the deposit size (used in Money Management = Use a divider)
  • Broker's time offset relative to GMT – GMT time offset of your broker's server time
  • Hour of the start of trading – set the hour when the Expert Advisor starts to trade
  • Hour of the stop of trading – set the hour when the Expert Advisor stops to trade
  • Timeframe ZigZag – the period of the ZigZag indicator to determine the trading direction
  • ZigZag Depth, ZigZag Deviation – parameters of the ZigZag indicator
  • Trading – the type of opening of trades. Choose trading on levels or from critical zones
  • ATR Period – averaging period of the ATR indicator
  • Fibo level – set one of the trading levels
  • TakeProfit – set the TakeProfit size (0 - without TakeProfit) (in case of averaging it is set relative to the average point of all trades)
  • Swap compensator – choose whether to adjust the TakeProfit level with correction for Swap
  • StopLoss – set the StopLoss size (0 - without StopLoss) (should not be used together with averaging)
  • Use Trailling Stop – turn on the Trailing stop
  • StopLoss distance – set the distance from the price to the stop when the Trailing stop is active
  • Minimum trailing profit – the amount of minimum profit, in pips from which the Trailing stop starts to work
  • Minimum averaging step – minimum distance between orders in the averaging strategy
  • Averaging lot multiplier – lot size multiplier in case of using the averaging strategy
  • MagicNumber – unique number of the Expert Advisor
  • comment – comment in orders of the Expert Advisor



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Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Bitcoin Scalping MT4
Lo Thi Mai Loan
3 (2)
Introducing Bitcoin Scalping MT4/MT5 – The Smart EA for Crypto Trading LAUNCH PROMO: Only 3 copies left at the current price! Final price: $3333.33 BONUS - BUY LIFE TIME BITCOIN SCALPING GET FREE EA EURUSD Algo Trading (2 accounts) => Ask in private for more details!!! EA LIVE SIGNAL MT5 Version Why Bitcoin Matters Today   Bitcoin has become more than just a digital currency—it's a financial revolution. As the pioneer of cryptocurrency, Bitcoin is the most traded and recognized crypto asset glo
AW Recovery EA
AW Trading Software Limited
4.37 (78)
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro is a system for recovering drawdowns from other advisors or from manually opened orders. RM Pro has the ability to automatically dynamically adjust. The trader needs to select the risk level and the advisor will work in fully automatic mode. Can work in drawdown recovery mode and standby mode! If another advisor generates a drawdown, RM Pro will disable it, lock the position and start the process of restoring the deposit using partial closures. In its trading, the advisor u
Boring Pips MT4
Thi Thu Ha Hoang
4.71 (14)
New Year, New Opportunities: Get 8 activations for just $399 USD. Hurry – limited quantity available! 2025 is here, and it’s time to take your trading to the next level. Start the year strong with Boring Pips EA – your reliable trading solution: - Proven, tracked signals - Easy to install - 100% automated Don’t miss this opportunity to trade with confidence and precision. Secure your Boring Pips EA now. Have you ever wondered why most expert advisors are not effective in live trading, despite t
Synapse Trader MT4
Andrei Vlasov
4.33 (3)
Synapse Trader: A neural network that opens new horizons in trading Imagine an advisor that doesn't just analyze the market, but becomes your intelligent assistant, learning every day and adapting to changing conditions. Synapse Trader is a unique tool built on the basis of advanced neural network technologies, capable of capturing the most subtle market signals. It is not just an Expert Advisor - it is a living neural network that thinks, predicts and evolves. Limited-Time Offer!   Synapse Tr
LENA Scalp
Cence Jk Oizeijoozzisa
4.25 (4)
LENA Scalp           MetaTrader 5 Version :  https://www.mql5.com/en/market/product/129810 With advanced stop-loss technology utilizing artificial intelligence, Lena Expert Advisor provides an innovative trading experience. Lena’s robot avoids large stop-loss levels, Martingale, and grid trading. Instead, it features a dynamic stop-loss system that adapts to market conditions. AI-driven analysis supports identifying key market opportunities, aligning with its carefully designed strategy. This a
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Promex is a unique Expert Advisor that trades when there is a strong deviation of the price from the normal value. By opening trades at the moment when it is very likely to move in the opposite direction the Promex Expert Advisor accompanies it with a short trailing stop, thus collecting a small profit from the market, but with a probability of 95%. Trading account requirements. • Account types: ECN and RAW • Leverage: 1:30 or more • Minimum deposit: 100 USD • EURUSD spread: up to 6 pips Prop
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PROP GT Expert Advisor  is specially designed for passing the Prop Firms challenge and further trading while adhering all rules and maintaining specified drawdown limits. Signal:  https://www.mql5.com/en/signals/2208147 Customer chat:  https://t.me/+tzMB29SNkuE0ODU9 PLEASE PAY ATTENTION BEFORE TESTING!!! Symbol: EURUSD Timeframe:  H1 Model: Every tick It is important for the Expert Advisor to operate in the correct time zone, so before testing, you should correctly set the GMT parameter. How to
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Simon MT5
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