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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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Yvan Musatov
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5 (3)
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McS Disciplined EA     Support currency: GBPCAD, AUDCAD, NZDCAD, GBPCHF  Time Frame: M1 chart Recomended Broker: EXNESS: RAW SPREAD, IC Market: Raw Spread Whether there is a single by the market decision, maybe a day a single are not, maybe a day top a few days of single volume, the greater the market the more single volume. A perfect EA curve is often up and down fluctuating back and forth to grow up. Only Martin class strategy curve is straight, but at any time will return to zer
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Estatísticas de uma conta real desde 2020 Backtest dos últimos 13 anos Estratégia de baixo rebaixamento Algoritmo multimoeda Compatível com qualquer corretora Sistema comprovado de controle de rebaixamento Negociando em uma conta real desde 2020 : Clique aqui Negociação em USDCAD, EURGBP, GBPUSD, EURUSD: Clique aqui Negociação em EURGBP: Clique aqui Negociação em GBPUSD: Clique aqui Backtests completos do FXMachine EA disponíveis para download aqui: Clique aqui Sobre nós: O
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Versão 1.2 2024.08.05
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@ 4.8.2024 Updated setting to Version 1.2
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