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EA EMAGIC

[EA] EMAGIC is a MetaTrader (MT4) Expert Advisor designed for use with two basic currency pairs EUR/USD and GBP/USD. With individual settings, it can work very well on other currency pairs as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions.

  • It is based on standard MT4 indicators "EMA" and "Stochastic Oscillator".
  • The strategy is working on Timeframe M5 only.
  • It is very easy to set up and supervise.

[EA] EMAGIC has a set of unique features:

  • It can be individually adjusted to work on other currency pairs of your choice.
  • It has implemented money management and risk management settings.
  • Additional functions to test the response during different market situations.

This EA is fully automatic, we recommend to monitor it though. In other words, you can simply switch it ON and let it run, but you should always supervise it. The market is unpredictable and no fully automated system can handle unexpected market behavior, especially situations when macro-economic data are released.

The EA should be set to work from 9:00 to 16:00 CET (FRANKFURT), which means since LONDON session start till the second hour of NEW YORK session, where 14:30 CET is the usual time when the U.S. macro-economic data are being released.


Backtesting

The Expert Advisor is delivered in default "factory" settings, which are set to work on the two basic currency pairs EUR/USD and GBP/USD. Please be aware, that testing any system on historic data will never give you solid information about how it will work in real live market conditions. We do not comment any backtest results.


Input parameters

  • EnableMM - enable MMRisk function
  • MMRisk - risking set percentage of the account's equity
  • FixedLot - fixed position size
  • StopLoss - fixed Stop Loss value
  • TPOnSLRatio - SL (x) this multiplicator = TP value
  • TrailStop - SL (x) this multiplicator = Trailing Stop
  • SoundAlert - to enable sound alert for "position-open"
  • SoundName - the sound file to use as sound alert
  • PushAlert - to enable the Push Alerts
  • EmailAlert - to enable the Emai Alerts
  • AllowMultipleSignal - to enable multiple signals
  • MinTimeGap - minimum time in between 2 signals
  • PositionLimit - maximum number of opened positions
  • OpenReverse - the EA will open reversed position
  • OpenHedge - the EA will open 2 hedged positions
  • SetSLTPOnEntry - SL and TP will be set automatically
  • ProfitReached - if position reaches certain profit, then:
  • ProfitLocked - move the SL to minimum profit
  • MaPeriod - internal MA indicator settings
  • MaMethod - internal MA indicator settings
  • MaShift - internal MA indicator settings
  • MaAppleid - internal MA indicator settings
  • MinMADistance - minimum distance from the MA to open
  • MaxMADistance - maximum distance from the MA to open
  • StochKPeriod - internal Stochastic indicator settings
  • StochDPeriod - internal Stochastic indicator settings
  • StochSlowing - internal Stochastic indicator settings
  • StochMethod - internal Stochastic indicator settings
  • StochPrice - internal Stochastic indicator settings
  • TimeFilter - limit the time period when EA works
  • StartHour - internal PC clock - start hour
  • StopHour - internal PC clock - end hour
  • MagicNumber - change this number to any.
  • TradeComment - change the text to anything.


If you already purchased the product

Please write a private message to us, we will send the USER's MANUAL with description of the functions, also will give you recommendations on how to trade live, etc.


Author

Antonin Skaryd, private investor and market analyst, software developer and founder of the FUTURE ENTERPRISE company.

[EA] EMAGIC is fully functional and exact mechanical trading strategy with no place for emotions or non-systematic trading approaches or random trader's behavior. It has an exact entry point and an exact exit point.

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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
XG Gold Robot MT4
Marzena Maria Szmit
4.46 (26)
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
Aura Black Edition
Stanislav Tomilov
4.59 (17)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Correct Approach   is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for vario
AI Nodiurnal EA
Ugochukwu Mobi
AI Nodiurnal EA is an advanced Forex robot that leverages cutting-edge machine learning technology to optimize trading strategies and enhance performance in the dynamic foreign exchange market. The term "Nodiurnal" reflects its ability to adapt and operate not only during the typical diurnal (daytime) trading hours but also during non-standard periods, providing a continuous and adaptive approach to forex trading. Settings : Default settings on   Currency Pair :  EURUSD H1 . Special setting is
Waka Waka EA
Valeriia Mishchenko
4.34 (50)
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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Version 1.10 2020.04.03
This is the 2020 compilation of the original product, which has proved to be effective in 2015 as well as in 2020.