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Smart Prospector Expert

This Expert Advisor has Three Trading Strategies:

  • TRADING_STRATEGY_ONE - Intra Day / Short Term Trading Strategy.
  • TRADING_STRATEGY_TWO - Mid Term / Long Term Trading Strategy.
  • TRADING_STRATEGY_THREE - SMART__NEWS__TRADER - High Impact News Trading Strategy With 25 Years NFP History Trading in GBPUSD, EURUSD & 
  • AUDUSD.


NOTE: Default Settings Already Optimized For GBPUSD. Other symbols require optimization. Much and careful work has been done to package this E.A. all together. Having tested it with over 25 Years super performance and also deploying it for live trading, we are optimistic that 'The Smart Prospector' will continue to outperform itself in any given market condition.


E.A. Settings Description

There should be no desperate needs to optimize these settinga below, they have been sufficiently preset with the relevant Fibonacci values.

  • FiBo_Reversals_Monthly - Fibo 'Father' High/Low price entry for the monthly time range.
  • FiBo_Reversals_Weekly - Fibo 'Father' High/Low price entry for the weekly time range.
  • FiBo_Reversals_Daily - Fibo 'Father' High/Low price entry for the daily time range.
  • FiBo_Reversals_Depth - Indicator buy / sell depth level.
  • FiBo_Reversals Interval - Period interval for trade making decisions.
  • FiBo_Reversals_Tf - Time Frame used for entry calculations.


TRADING_STRATEGY_ONE

  • Smart_IntraDay_Trading - Set As True
  • Smart_IntraDay_Period - Randomly chosen fionacci number to determine a period of stable trading high/low range.
  • Smart_IntraDay_Shift - period shift in bars counted backwards.
  • Smart_IntraDay_Ratio - A ratio of relative to the trading high/low range.
  • Smart_IntraDay_Peak_Range - Maximum trading high/low range to work with.
  • Smart_IntraDay_UK_Open_Hour - UK Session trade prospect open time for placing pending orders.
  • Smart_IntraDay_US_Open_Hour -  US Session trade prospect open time for placing pending orders.
  • Smart_IntraDay_Asian_Open_Hour -  Asian Session trade prospect open time for placing pending orders.
  • Smart_IntraDay_Search_Window - Maximum time duration in hours to prospect for trading opportunities.
  • Smart_IntraDay_Expiration_Hours - Maximum life span of successfully prospected pending orders before expiration.
  • Smart_IntraDay_Pivots_Exp_Hours -  Maximum life span of another category of successfully prospected pending orders before expiration.
  • Smart_IntraDay_Trader_Tf - Time frame used for trading strategy one price calculation.
  • Set_Smart_IntraDay_Stop_Loss - As much work has been done to ensure precise market entry, trader may choose not to use stop loss.


TRADING_STRATEGY_TWO

  • Smart_Long_Term_Trading - Set as True.
  • Smart_Long_Term_Open_Hour - Long term trading prospect open time for placing pending orders.
  • Smart_Long_Term_Search_Window - Maximum time duration in hours to prospect for long term trading opportunities.
  • Smart_Long_Term_Expiration_Hours - Maximum life span of successfully prospected long term pending orders before expiration.
  • Set_Smart_Long_Term_Trading_Loss - Indeed much work has been done to ensure precise market entry, trader may choose not to use stop loss.


TRADING_STRATEGY_THREE - SMART__NEWS__TRADER

Below Is The News Trading Entry strategy. Use only for high priority news releases.


Smart_News_Parameters

  • Smart_Pre_News - Turn true to trade high impact news with buy/sell stop orders.

The idea here is to trade prime news such as the NFP, CPI, PPI, Retails Sales, Interest Rates etc by placing pending orders minutes before the news release time. It is expected of such high impact news releases to break out in one sure direction. So two pending orders are placed at approriate highs and lows just before news release.

  • NFP_News_Trading - Auto prospects for the first friday of each month and opens appropriate trades.

  • Smart_News_Day - Select the expected date of other high impact news release.

  • Smart_News_Hour_MT4_Chart - Select the MT4 news release hour as picked from the MT4 chart. If news release minutes is less than or equal to 45 / 50 (ex. 15:15, 17:30, 19:45), then the news release hour must be set appropriately. But if the news release minute is greater than 45 / 50, then add +1 to the actual news release hour.

  • Smart_News_Minutes - Enter the specific news release minutes.

  • Smart_Placement_Minutes - Select the time the E.A will place the two pending orders before the 'Smart_News_Minutes'. Note: this value must be less than the ' Smart_News_Minutes'. It is advised that the pending orders must be placed at least 30 minutes before the news release minutes.

  • Smart_Expiration_Minutes - Select the time duration in minutes for which the placed pending orders must expire.

  • Smart_Pre_News_Max_Peak_Range - As we want to trade news break outs, we are to look out for a timing wherein there has been a pre-calm market condition - ie - price fluctuations (highs and lows) so far for the chosen peak range hours before the news release does not exceed chosen pip range - (say 35 pips in four digit charts and 350 pips in a five digit chart). Outside of this range, no pending orders will be set.

  • Smart_News_Peak_Range_Hours - Select the duration wherein to search for highs and lows (in hours) prior to the news release hour.

  • Smart_News_Peak_Range_Period - With some volatile pairs and minutes before news releases, the preset pending order may have already been triggered. This setting accurately trims out such occurrences and so EA will not place any pending order in such direction before the news release minutes - hence greatly taming such risks.

  • Smart_Pre_News_Ratio - A ratio of the prior 'high-low' range relevant to place the pending orders.

  • Smart_Pre_News_Entry_TF - Market entry timing interval.


TRADE_MANAGEMENT______

  • Profit_Pointss - Set Trading take profit levels. Please note 300.0 (for 5 digit charts) and 30.0 (for 4 digit charts).
  • Fixed_Lot_Size - Enter fixed trading lot size or set at '0' to use percent variable lot sizes.
  • Lot_Percent - Set percentage lot size based on account balance. (Please use cautiously).
  • Smart_IntraDay_Lot_Factor - Trading lot multiplier for Intra day trading strategy.
  • Smart_LongTerm_Lot_Factor - Trading lot multiplier for Long Term trading strategy.
  • Smart_Pre_News_Factor - Trading lot multiplier for News trading strategy.
  • Max_No_Pending_Orders - Set as appropriate the maximum number of prospected pending orders for each trade to be opened.
  • Max_Daily_DD_Percent - Closes all opened trades on account if account draw down rises above preset levels.
  • Friday_Night_Closures - Closes all opened trades on Friday night just befofre the trading week closes.
  • Close_All_Trades_Now - If chosen, every opened trade in the account are automatically been closed.
  • Entry_TF - Time frame used by EA. to place trades in in the MT4 terminal. 
  • Chart_Identity_Number - Varying this number means different settings of optimized values of same currency / symbol can be used independently in same account.

Please Note This E.A. Is Already optimized for GBPUSD alone. Other Symbols will require additional optimization.


Enjoy Your Trading.
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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
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Ultima Trader   is a multi-currency advisor that can effectively operate on different time frames and in a variety of market scenarios thanks to its advanced non-geometric progression averaging system. This feature allows him to build trading grids and determine the moments of entry into the market with high accuracy. Main characteristics of Ultima Trader: Security systems: The advisor is equipped with special filters, spread control and trading time limits to ensure safety and reliability. A
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Ahmad Aan Isnain Shofwan
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BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
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Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
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Andrey Kozak
Experts
Robot test results: Initial deposit: 1000, Total net profit: 11999, Profit factor: 2.58, Expected payoff: 2.48, Drawdown: 5.49%. The recommended currency pair for trading is XAUUSD (Gold). Recommended timeframes: M5 Recommended starting balance: $500 or more. The recommended maximum spread for XAUUSD is 20 pips. Account type: ECN. How does this robot trade? Technical description of the robot: The "Scalping forex robot M5" robot is an active gold scalper robot. The robot automatically analyz
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ADELYN CASTILLO
4.92 (26)
Experts
312% Gain on it's 25th month(Live Account) You may check Bandwagon Live Account with 2-year performance   Bandwagon 2- year  or Bandwagon V2.  *NOTE Now at 50% Discount! Get your copy now! Expect a price increase each month *WARNING : SAY NO TO PIRACY. Be careful of users who are asking to get a copy of bandwagon EA. Bandwagon can detect piracy and if your account is detected to do such things, I can't promise that the EA will still work the way it should be. Bandwagon Features: Bandwagon is
Stern Bot mt4
Nadiya Mirosh
Experts
" Stern " is a cutting-edge Forex trading bot designed for advanced traders. This high-tech tool is an indispensable assistant for anyone who wants to automate their trading processes as much as possible. The bot's algorithm is based on pending orders, which are placed at a certain distance from the current price and are triggered only when the price reaches a specified level. The bot also uses trailing pending orders, which is activated when the price moves. As soon as the order becomes a mark
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Stanislav Tomilov
4 (6)
Experts
Aura White Edition   is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of   Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPU
Nibelung Gradation mt4
Nadiya Mirosh
Experts
" Nibelung " is an advanced trading bot created for modern Forex traders. This innovative tool is a reliable assistant for anyone seeking efficient and automated trading. The bot uses pending orders as one of the main elements of its algorithm. Pending orders are placed at a certain distance from the current price and are triggered only when the price reaches a specified level. In addition, when the price moves, trailing pending orders is activated. Once the order becomes market, the bot auto
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5 (1)
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Торговый робот Top Algo является технической разработкой для автоматизации торговли на валютном Форекс рынке. Его цель — помочь как начинающим участникам рынка, у которых недостаточно фундаментальной базы в сфере трейдинга  так и профессиональным и облегчить опытным инвесторам процесс приумножения прибыли. Top Algo можно также назвать мультивалютным роботом-советником, так как он может работать на нескольких валютных парах.  Профессиональный эксперт Top Algo может подключиться к вашему торгов
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4.67 (6)
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EA has high-performance live track records of different set files: XAU Risky Vol XAU Balanced Vol XAU Balanced MT5 version can be found here Golden Pickaxe is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. It uses real market inefficiencies to its advantage to have an edge over the market. The EA has 5 predefined set files, which are essentially 5 different trading systems on gold . You may choose the def
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CHECK COMMENTS SECTION FOR BACKTESTING PARAMETERS.. The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO)   - No Martingale   - No Grid   - No Hedging Best Risk Management   - Daily Loss limit   - Stop loss and TP protections Best Profit Factor   - Daily Max Profit Lock Protection   - Monthly Profit Lock Protection Best Signal Accuracy    - Best candle Patterns    - Best timed Response     Strategy    - Trend Tracker
Master Forex Scalper
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Certainly! Here’s a brief description of the Forex   Master Scalper Robot : The   Forex   Master Scalper  EA   is designed for   Metatrader 4 (MT4)   and utilizes a proprietary   M5 trading strategy   to analyze the market for fast automated entries and exits. It works best on the   5-minute charts . When deploying this scalper EA, it’s recommended to use it on   lower spread currency pairs   such as   EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY and All Forex Major Pairs . Key features of the Fo
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Ransom Dikpen Egene
5 (2)
Experts
Check Screenshot for Each parameters description and customize to your strategy. Note: do not buy any pirated clone in our name we do not sell in any other store other than the official mql5 market, not even on Ebay beware of scammers and do not fall victim out of curiosity. thanks. For Backtesting Parameters For FTMO, if encounter error 130 kindly change spread to 100 from current $ 100 K Below: Pair USTECHCASH100 Cm = "DMF_AI_EA_ROBOT" ; Strategy = 1 ElapsedSECONDS = 7 MaxDailyProfit = 3500 Ma
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4.43 (7)
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2 (1)
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Version 7.127 2024.08.28
This is totally revolutional. The News Trading Section is even now so much better. Use for GBPUSD Alone.
Version 7.117 2024.08.01
This version is totally transformational.
Version 7.107 2024.07.19
Re-Architectured!
Version 7.97 2024.07.15
Totally Revamped NFP News Trading. Smoother Curves
Version 7.87 2024.07.05
Versatile NFP News Trading and Reversals / Extensions Volume Control button.
Version 7.77 2024.06.28
Expanded limits...
Version 7.67 2024.06.20
New Simplified Review!
Version 7.57 2024.06.12
Updated News Trading section - sharper news trading
Version 7.47 2024.06.08
Revolutional
Version 7.37 2024.06.01
Revolutional