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GegaTrend

Gegatrend EA is a cost averaging system with a sophisticated algorithm.

It is secured by a built-in “News WatchDog” that suspends trading during news events.

For full description: https://www.mql5.com/en/blogs/post/711269

Watch how it works: https://youtu.be/j17AR3uq6yI


Parameters

  • SR timeframe long — timeframe for support/resistance leveling long direction.
  • SR distance long — minimum distance in pips between long trades.
  • SR level long — the number of trades to start using SR levels for long direction.
  • SR timeframe short — timeframe for support/resistance leveling short direction.
  • SR distance short — minimum distance in pips between short trades.
  • SR level short — the number of trades to start using SR levels for short direction.
  • EAWorkMode — switch between BacktestMode or LiveMode.
  • DrawingOn — show past news on chart.
  • ShowDashboard — show statistics on chart.
  • ShowBalance — show balance on chart.
  • GMTOffSetOfBroker — the GMT offset between your broker and GMT time.
  • Trade comment — a comment to trades.
  • MagicNumber — trades ID.
  • MoneyManagement — FixedLot/UseMM. Use fixed lot to trade or money management.
  • Start Balance — the balance to use when MoneyManagement is chosen.
  • LotSize — lot size.
  • Risk — percent of the start balance to use for trading.
  • TradingDirection — the direction you wish to trade.
  • MaxSpread — maximum spread to allow trades.
  • PauseLong — pause long trades in case a long trade or basket of trades are being managed. The EA will continue managing until the trade/basket is closed then “Pause”.
  • PauseShort — pause short trades in case a short trade or basket of trades are being managed. The EA will continue managing until the trade/basket is closed then “Pause”.
  • PauseFollowLong — pause leveling (adding more trades) for long trades.
  • PauseFollowLong — pause leveling (adding more trades) for short trades.
  • TakeProfitLong — take profit for long trades.
  • TakeProfitShort — take profit for short trades.
  • Use_SL — true/false.
  • Stop by money Long — stop loss for long direction (percent).
  • Stop by money Short — stop loss for short direction (percent).
  • List of symbols for news filter — currency symbols to choose for filtering the news. Example: USD,EUR,GBP,CHF,CAD,AUD,NZD,JPY.
  • Show lines for news in the past — show old news on chart (slows backtesting).
  • Pause Long before a critical news — minutes to pause before a critical news.
  • Pause Long after a critical news — minutes to pause after a critical news.
  • Pause Long before medium news — minutes to pause before a medium news.
  • Pause Long after medium news — minutes to pause after a medium news.
  • Pause Long before a low news — minutes to pause before a low news.
  • Pause Long after a low news — minutes to pause after a low news.
  • Pause Short before a critical news — minutes to pause before a critical news.
  • Pause Short after a critical news — minutes to pause after a critical news.
  • Pause Short before medium news — minutes to pause before a medium news.
  • Pause Short after medium news — minutes to pause after a medium news.
  • Pause Short before a low news — minutes to pause before a low news.
  • Pause Short after a low news — minutes to pause after a low news.
  • PauseAfterLevelOrdersLong — level to pause for long trades.
  • PauseAfterLevelOrdersShort — level to pause for short trades.
  • DrawdownInCash — amount that you wish to receive push notification when it is reached.
  • SendPushNotificationOnDD — send push notification about your drawdown.
  • StartTradingInMondayTime — time to start trading on Mondays.
  • EndTradingInFridayTime — time to stop trading on Fridays.
  • PauseBasketOnNews — pause adding levels when news event happen.
  • MinBarDistanceLong — minimum bars to allow a long level.
  • MinBarDistanceShort — minimum bars to allow a short level.
  • UseMAfilterLong — moving average filter for long direction enable/disable.
  • MAperiodLong — moving average period for long direction.
  • MAlevelLong — moving average level to allow Long direction (in points).
  • UseMAfilterShort — moving average filter for short direction enable/disable.
  • MAperiodShort — moving average period for short direction.
  • MaShortPips — moving average level to allow short direction (in points).

In order for the "News WatchDog" Feature to function, you should check box “Allow WebRequest” and add “http://news1.gegatrade.com” into your WebRequest URL list

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Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
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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 oth
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