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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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AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
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Arseny Potyekhin
5 (3)
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
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Barbaros Bulent Kortarla
5 (62)
Smart Funded EA is an expert advisor designed to pass the HFT challenges of prop firms that allow its use. Do I need to back-test? You do not need to backtest, and demo servers that you backtest will not give the real results since HFT prop firms servers and symbols are specially designed friendly with HFT bots. Samart Funded HFT has a hundred percent success rate so do not waste your time back testing. You can test the EA with your   HFT challenge account with 0.01 lots if you still want to tes
Bitcoin Expert
Elif Kaya
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-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. No Martingale, No Grid, No Scam I used my " Breakout and Retest Scanner " algorithm in Bitcoin Expert. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates a very good risk/reward ratio on the trades. All you have to d
Daytrade Pro Algo
Profalgo Limited
5 (5)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
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