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EA Goofy MT5

2.67

Goofy - Forex trading advisor based on Elliott wave theory including the system - 7thlab - WAVE THEORY.
7thlab - WAVE THEORY is an automated system that helps traders analyze the market and make trading decisions without personal intervention. To do this, the advisor uses Elliott Wave Theory to determine entry and exit points for trades, which allows you to maximize the efficiency of market movements/

Attention Trader - This advisor is not a test grail!!! - Before using it, the advisor must be optimized for market conditions.
Full instructions and description of the system are Here

The advisor has built-in functions:

  • Time filter.
  • Grid step multiplier system.
  • Virtual orders.
  • Break even.
  • News filter.

Attention Trader. After purchasing, write me a private message to receive gifts:

  • $GFC Coin
  • Access to VIP chat
  • Access to a closed channel using signals.
  • Unique settings
  • About version 7thlab - WAVE THEORY

Goofy strategy advisor - 7thlab - WAVE THEORY - This is not just a trading advisor.
This is a whole 7thlab ecosystem associated with the $GFC coin.
More details Here

Key Feature

  • Analysis of Elliott Wave Theory:
    The advisor analyzes market data using Elliott Wave theory to determine the current phase of the market and predict future price movements. This allows you to more accurately determine entry points into the market.
  • Orders pending:
    After determining the entry point, the advisor automatically creates a pending order for price correction. This allows the trader to get maximum profit from the signal, since the order will be executed at a more favorable price.
  • High volatility news filter:
    The EA includes a news filter that tracks micro- and macroeconomic events that can cause high market volatility. This helps avoid trading during periods of high uncertainty and reduces risks.
  • Automatic lot system:
    The advisor automatically calculates the lot size based on the size of the deposit and the risk level set by the trader. This optimizes capital management and minimizes risks.
  • Order grid:
    The advisor uses a grid of orders to maximize profits from price pullbacks. This means that if the price moves in the opposite direction, the advisor will open additional orders to take full advantage of market fluctuations.
  • Exact market entry:
    Using the Elliott wave theory allows you to determine more accurate entry points into the market, increasing the likelihood of successful transactions.
  • Profit maximization:
    Creating pending orders and using an order grid helps you maximize profits from market movements, even if the price is temporarily moving in the opposite direction.
  • Protection against news risks:
    The High Volatility News Filter helps avoid trading during periods of high volatility, reducing risk and protecting the trader's capital.
  • Automation and convenience:
    The automatic lot system and automatic order management allow the trader to minimize manual intervention and errors, making trading more convenient and efficient.

Conclusion
Based on Elliott Wave theory, the EA Goofy - 7thlab - WAVE THEORY trading advisor is a powerful tool for traders seeking to make the most of market movements and minimize risk. By automating processes and using advanced analysis methods such as Elliott wave theory, this advisor allows traders to achieve high results and make stable profits in the Forex market.
Reviews 3
Yusni
126
Yusni 2024.07.06 16:57 
 

After testing using demo acc on XAUUSD, GBPUSD, EURUSD & EURAUD, the EA can handle aggressive market conditions without worry with low DD. Excellent performance, low risk & profitable.

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Filter:
Christian Iannotti
48
Christian Iannotti 2024.08.22 22:18 
 

The EA in the long term will lose money, over-optimized backtesting, if you try to run it on the dates after the backtesting provided it will act differently. I did the test with 100% data quality on MT5. I don't suggest it. Support was good.

jamperjer
30
jamperjer 2024.07.23 18:53 
 

After 3 weeks of use, I have not seen a worse bot than this one, the only .set that the developer manages if it goes to the SL is a huge waste, it has burned 2 demo accounts and almost burned a real account.

Yusni
126
Yusni 2024.07.06 16:57 
 

After testing using demo acc on XAUUSD, GBPUSD, EURUSD & EURAUD, the EA can handle aggressive market conditions without worry with low DD. Excellent performance, low risk & profitable.

Reply to review
Version 3.1 2024.07.19
The advisor received an update to the 7thlab system.
The Expert Advisor no longer uses dangerous trading methods:
No mesh
No Martingale
No doubling

Current information only in the channel
🔛 https://t.me/EAQuantumLab

Our VIP chat 🤫 https://www.mql5.com/en/messages/01db67aad841d901
Our Telegram Channel ✅ https://t.me/EAQuantumLab

Advisor Settings 🦾 https://eaquantumlab.com/files
Description of Advisor Settings - https://eaquantumlab.com/blog/11

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Version 3.0 2024.06.16
The big system update can be read in detail here - https://www.mql5.com/en/blogs/post/758070
Version 2.1 2022.07.21
Modified trading strategy with the addition of fractal levels + divergence levels
Lightweight EA code for better testing and optimization
Installed protection against loss of deposit
Ability to trade without martingale