Market / MetaTrader 4 / Experts /

Gecko

149 USD

Demo downloaded: 1 551

Published: 29 April 2020

Current version: 1.2

Gecko

4.4

Experts
Profalgo Limited
Version: 1.2
Updated: 6 July 2020
Activations: 10

NEW PROMO:

Only a few copies copies available at 349$
Next price: 449$

Make sure to check out our "Ultimate EA combo package" in our promo blog!

Gecko runs a simple, yet very effective, proven strategy. It looks for important recent high and lows and will trade the breakouts.

The actual execution of this strategy however, is what makes this EA truly shine. Entry calculations and exit algorithms are not only unique but also very advanced.

LIVE RESULTS:

The EA uses many trade management techniques, including but not limited to:

a Trailing SL, using multipe parameters to control its function
"Move to Break-even" at certain point, with the possibility to add extra pips to the point of breakeven
Trailing SL based on recent highs/lows, including an option to run this only until breakeven level (to provide more room for full TP to be reached)
Trailing SL based on trade duration, to limit exposure after the move has run out of momentum

This is NOT a scalper EA, and it does not use any grid/martingale or other risky techniques. It uses very strict Stoploss, at safe distance.

There are many risk management option, including setting a certain risk per trade.

The EA is developed mainly for EURUSD, since it is the most succesful pair for running breakout strategies. However, backtests shows promising results on multiple pairs already, without any optimization for those pairs.

Recommended broker: ICMarkets.com

Recommended VPS: 4xhosting.com

Recommended timeframe is H1.

Minimum accountbalance: 100$

Default parameters are for EURUSD H1. There are sets available also for GBPUSD,USDJPY and AUDUSD available. Download all presets here

Key features:

Safe trading: every trade is protected by a Stoploss
EA is not sensitive to spread or slippage
No risk of over-optimization, since no optimization process has been done
No dangerous money management techniques used like grid or martingale
High correlation between live trades and backtest trades
Very high hitrate (>80% of trades are profitable)
Stress Tested with 99.90% tickdata using variable spread and slippage simulation

Parameters:

EA's individual settings, like Magicnumber, Trade_comment, infopanel activation
Lotsize settings: here you can determine how the EA will set the lotsize. Based on balance (Lots Per Balance), or based on risk per trade for example
For LOW RISK, use Lots Per Balance= 200 or bigger. For MEDIUM RISK, use Lots Per Balance=100. For AGGRESSIVE RISK, use Lots Per Balance = 50
Maximum allowed spread can be set
The option for Virtual SL is available for those who don't want the broker to know the SL location
Entry parameters: these include (currencly) 3 entry models, entry timing, and various parameters to determine the entry's strictness
Stoploss and Takeprofit can be set
TrailingSL can be set, including where to start, stop, size of the TrailSL, and when modify
Breakeven settings, with a start parameter, and a parameter for adding extra pips
High/Low trailingSL can be activated, including option to stop at breakeven
Time based TrailingSL, which will be activated after X minutes

Reminder: As with every trading system, always remember that forex trading can be risky. Don't trade with money that you can not afford to lose. It is always best to test EA's first on demo accounts, or live accounts running low lotsize. You can always increase risk later!

more...

Michał Sietycki 2020.06.30 15:41 #

support from Wim is outstanding - every question answered fast, very fast... I received free EA as promised with as many demo accounts linked as I wanted.... after one week Gecko is on the plus side but it's a small one - I will write / review more in two months time - that is a promise... whether it will be positive or negative we will see :) update - 29.09.2020 - 2 months - demo - more profit than loss after 2 months I decided to try live Gecko together with Wim's Advanced Scalper (on one account) effect: total return - 4,9% peak drawdown -4,2% trade win - 74,3% trades per day - 2.5 most trades were made on EURUSD (52,9%), then GPBUSD (28,6%) and least on USDJPY 18,6% (it was worst pair - but even this was on plus side (profit) - even with only 69% win rate, while EURUSD was 86% win rate So - personally I'm pleased...

119

takoya ki 2020.06.30 14:27 #

Wim is one of the few developers which are reliable on this site. This EA is also good so far. Still evaluating.

2296

Wolfgang Rockert 2020.06.16 12:52 #

Buy it some Weeks ago, great EA, works Profitable any Week end with Profit. Low Risk... Buy it...

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LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here Live signal: https://www.mql5.com/en/signals/2084890 Live Signal high risk : https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading stra

599 USD

549 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market. 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 into extreme low drawdowns and a very good risk/reward ratio on the trades. The EA uses a "

449 USD

549 USD

449 USD

LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our promo blog ! JOIN PUBLIC GROUP: Click here Live results low risk Live results high risk Welcome to STABILITY PRO : One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in eve

449 USD

NOTE : Please run only on GBPCHF and GBPCAD for now NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! STARLIGHT is a very advanced, low risk night scalper which uses a unique approach to the entry algorithm compared to other night scalpers. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be includ

149 USD

Launch promo: Only 1 copies available at 399$ Final price: 2000$ There will be only a limited number of copies sold of this EA Luna AI is a very advanced night scalper and one of the best you can find on the market. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was developed over the years, the EA is very effective and has

399 USD

MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY -> https://www.mql5.com/en/signals/413850 NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog !! READ SETUP GUIDE BEFORE RUNNING THE EA !! -> https://www.mql5.com/en/blogs/post/705899 Other Live results : https://www.mql5.com/en/signals/1931084 Advanced Scalper is a professional trading robot that has been in development f

499 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live results: https://www.mql5.com/en/signals/1872951 high risk account Introducing the latest addition to our line of forex trading robots - the Apex Trader . Developed using years of experience in creating expert advisors, Apex Trader is a powerful trading tool for the forex market. As a developer, I have dedicated a l

349 USD

449 USD

NOTE: only recommended for these pairs currently: EURAUD;GBPAUD;GBPCHF;EURCHF;AUDCAD and AUDUSD NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live monitoring : https://www.mql5.com/en/signals/1422803 The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST). These trades already have a very high

149 USD

NOTE: only recommended How to set up the EA: Please read the blog first Run on M5 only. Run on all pairs a seperate chart OR run all pairs from 1 chart using the OneChartSetup I would recommend using "LotsizeStep" as AutolotMode. (Automatic money management) LotsizeStep values-> Low risk: 500; Medium Risk: 250; High Risk: 150 It is recommended to run the EA on a low spread ECN broker. Minimum recommended accountsize: 250 $ for running all 14 pairs, but you could run only a few pairs

149 USD

349 USD

499 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast exec

129 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Grid King is a revolution in grid trading. The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market. It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a li

249 USD

149 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Gecko runs a simple, yet very effective, proven strategy. It looks for important recent support and resistance levels and will trade the breakouts. This is a "real" trading system, which means it will use a SL to protect the account. It also means it will not use any dangerous techniques like martingale, grid or averaging down. The EA shows its

149 USD

Little Trade Helper is a fine tool for manual traders. It can quickly draw trendlines and support/resistance lines that will help to identify good price levels for placing entries, or set SL/TP levels. This indicator will not provide any direct buy/sell signals or notification, but is purely meant for those traders that want to get a quick graphical help in finding important levels on the chart. When switching to another timeframe, the indicator will immediately adjust and re-calculate all

35 USD

149 USD

NOTE: only recommended for these pairs currently: EURGBP;GBPUSD;GBPCAD;USDCAD;USDCHF; NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! The Reaper EA is a night scalper that will trade reversal on the nightly ranges for multiple currency pairs. The EA is very advanced and uses a lot of filters and safety measures. Please read the blog after purchase: Recommended pairs: GBPUSD;GBPCAD;GB

149 USD

NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit

125 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. IMPORTANT

129 USD

249 USD

Filter:

340

Morteza Hosseini 2022.05.17 16:20 #

Good EA!

165

zanderp 2021.01.03 17:45 #

Forward testing it on a demo account for 5 months now and i'm very pleased with the results so far. There's hardly any difference between my results and those on Wim's signal accounts (maybe there was one trade with a larger loss than on Wim's) I'm running the eur/usd, gbp/usd and usd/jpy. The support from Wim is always very good. Questions are answered quickly and he's patient and friendly. Soon i'll be going live. I will update my review when i have longer term live results. 4 stars for now.

Update 1-10-21 : The last 8 months (feb til oct) were more or less a ranging period for the EA with two surges and two larger drawdowns. Wim has decided to (temporarily) remove his live signal. I will keep the EA running live (as before with standard sets EU, GU and UJ) because it's still within its historical max. drawdown. Overall performance + no live signal. 3.5 stars for now.

Update 10-6-22 : This update is mainly based on the original sets of eurusd and usdjpy (running gbpusd on lower risk). March and especially May were pretty good months for the EA. Unfortunately I had an extra full SL in April on usdjpy, but in May I was lucky with a full TP on eurusd. Overall the first half of 2022 was decent. Wim also has a live signal again so that's a plus as well. 4 stars.

495

sfx1971 2020.08.21 16:43 #

Unfortunately it just hasn't worked for me so far. 2 months on demo has produced an 11% loss. Losing trades were too large compared to the winners and the win rate just wasn't high enough to support a positive expectancy during this time (for information this system yielded an expectancy of -$5.72). I understand that 2 months may not be long enough for this type of system but I can't clog up my VPS waiting for it to wake up and turn a profit. I'll continue to monitor the signal page and I'll hope to see an improvement over the next few months. Perhaps once the holiday season is over then things might improve enough for me to put it back on so 2 stars for now. Disappointed...

Michał Sietycki 2020.06.30 15:41 #

119

takoya ki 2020.06.30 14:27 #

Wim is one of the few developers which are reliable on this site. This EA is also good so far. Still evaluating.

2296

Wolfgang Rockert 2020.06.16 12:52 #

Buy it some Weeks ago, great EA, works Profitable any Week end with Profit. Low Risk... Buy it...

608

vladimir9010 2020.06.15 16:07 #

Gecko is great EA. Buy in while the price is low because I believe it deserves much more then the current price. Also Wim is thrustlorthy. He gave me free EA as promised. After few months of use I am happy with the EA. It is profitable and the author is helpful and honest. Thaks Wim!

1200

Carl Tilley 2020.06.12 13:55 #

Works exactly like the backtests. So far I have profits at the end of each of the 2 months it's been live. Should be even better if more pairs can be added. Well done Wim!

373

Tao Yang 2020.06.06 04:26 #

It is a good beginning, hope it can continue to succeed

728

Wei Huang 2020.05.27 03:05 #

more profits than loss. for one month is ok, live and backtest similar, open different sometimes time. Eurusd setfile and GU good, usdjpy i didnt use it

Version 1.2 2020.07.06

improved entry model D for new EURJPY and AUDUSD sets

Version 1.1 2020.06.09

- Added new entry model which works with the new "universal_set". This set will run with the same settings on EURUSD, GBPUSD, USDJPY, EURJPY, GBPJPY and AUDUSD. This is still experimental, but first results look good.