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Elarion Expert

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@ 4.8.2024 Updated setting to Version 1.2 

@ See result after Tuned in Comment
@ No set files needed,Download and putting EA to chart
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  • Elarion Expert
  • Working best with GOLD - M30
  • Require minimal 300$ for 0.01 (AutoLot feature inside)
  • Optimize update monthly. stay in Comment
  • Live trade @ https://t.me/lullfrx

Indicators and Concepts

  1. Rate of Change (ROC):

    • ROC measures the percentage change in price over a specified period. It helps identify the speed of price movements and potential reversals. A positive ROC indicates upward momentum, while a negative ROC suggests downward momentum.

  2. Williams %R:

    • Williams %R is a momentum indicator that ranges from -100 to 0. It identifies overbought and oversold conditions, with values below -80 indicating oversold conditions and values above -20 indicating overbought conditions. It's useful for spotting potential market reversals.

  3. Momentum:

    • Momentum is a measure of the speed at which a security's price is changing. It is calculated by comparing the current price with a price from a specified number of periods ago. Positive momentum indicates a bullish trend, while negative momentum suggests a bearish trend.

  4. Awesome Oscillator (AO):

    • AO is a momentum indicator that measures the difference between a 34-period and a 5-period simple moving average of the median price. It helps identify market momentum and potential reversals by analyzing the strength of a trend.

  5. Average Volume (AvgVolume):

    • AvgVolume calculates the average trading volume over a specific period. It provides insight into market activity and liquidity, helping confirm the strength of price moves. Higher-than-average volume can indicate strong interest in a move.

Trade Style: STOP Order

  1. STOP Order by Daily Close:

    • A STOP order is placed based on the closing price of the daily candle. This means the order will trigger if the price reaches a specified level relative to the daily close, allowing traders to enter the market at predetermined conditions.

  2. Stop Loss (SL) by Percentage:

    • The stop-loss is set as a fixed percentage away from the entry price. This method helps manage risk by limiting potential losses to a specific percentage of the trade's value.

  3. Take Profit (TP) by ATR Coefficient:

    • The take-profit level is determined using a multiple (coefficient) of the Average True Range (ATR). This approach sets the profit target based on market volatility, allowing for dynamic TP levels that adjust to changing market conditions.

  4. Trailing Stop with Highest in Range Time:

    • A trailing stop based on the highest price within a specified time range helps lock in profits as the market moves in the trader's favor. This method involves adjusting the stop-loss level to follow the highest price achieved during a particular range, allowing the trader to capitalize on continued upward movement while protecting gains.


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Ho Tuan Thang
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ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2253757 (*) IMPORTANT NOTE: To be able to back test the EA or install the EA correctly to be able to trade normally. You will need to allow EA access to the GPT API in addition to installing other news-related websites. For details, please contact me to receive specific installation instructions. Gold Quantum AI is an EA that I have used for a
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Statistics on a real account since 2020 Backtest for the last 13 years Low drawdown strategy Multi-currency algorithm Compatible with any broker Proven drawdown control system Trading on a real account since 2020 : Click Here Trading on USDCAD, EURGBP, GBPUSD, EURUSD: Click Here Trading on EURGBP: Click Here Trading on GBPUSD: Click Here Full backtests of the FXMachine EA are available for download here: Click Here About us: The development and support of FXMachine and our other robots
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Version 1.2 2024.08.05
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@ 4.8.2024 Updated setting to Version 1.2
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