Medusa X
- Experts
- Oon Kar Lee
- Versão: 3.1
- Atualizado: 16 novembro 2022
- Ativações: 10
MEDUSA X is a Revolutionary Momentum and Pullback Algorithm Expert Advisor, specializing on the low spread major pairs, GBPUSD. This EA trades frequently during the day if there's a valid signal.
Real Signal: https://www.mql5.com/en/signals/1681843
Most of the time, the trades will TP 5pips with single entries. Like a experienced human trader, It utilizes additional Grid averaging trades (average of 2 or 6) of the same lotsize , to gain a winning edge, in market situations that requires it.
BACKTEST SETTINGS (make sure u have 90-99% tick quality from history center, and use Every Tick Model) If 99% TDS, set gmt=2 dst uk, spread 10-15
Test from 2016-2020 on GBPUSD , with a $1000 account, on H1. AUTOLOT = ON. RISK 2(I do not optimize for longer periods as adapting to current market behavior is more important)
(note: if your tester ends with a loss at the end, it means, the tester FORCED the trades to CLOSE on the end date, even though the trade hasnt had the opportunity to recover)
Working timeframe is H1 Minimum account balance: $500. $1000 recommended. Works on GBPUSD (EA only sold here on MQL, beware of scam sellers elsewhere.Won’t work the same without my support) |
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Requirements:
- 1:500
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VPS is strongly recommended
Features:
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Backtested with Tick Data Suite real 99% tickdata, variable spreads and slippage.
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Good & safe ROI.
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The EA is stress free and very easy to setup and use.
How to Install:
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Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MEDUSA X will appear there. Click Install.
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Open MT4/Navigator Menu, Open an empty chart of GBPUSD. (Try on Demo account first, to see if everything is working properly for your MT4)
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Drag the EA at Navigator menu, to the GBPUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.
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Make sure that there are no errors in Experts/Journal tab
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That's it! Wait for Profit! (Remember to withdraw yr profit regularly)
Settings:
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Trade Comment- Comment for EA's orders
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Magic Number - Unique identifier for EA's orders
- AutoMM - use automatic lot calculation if true
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Risk – AutoLot calculation based on deposit
- ManualLotsize– Manual Lotsize if AutoMM is false
- Multiplier– Coefficient for Grid orders
- MaxSlippage - slippage limit, if over limit, no trade will open
- Takeprofit – TP
- Stoploss – SL
- Gridstep - Distance of Grid
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Maxtrades – Maximum number of averaging trades opened
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MaxDrawdownSL – Max drawdown reached to close all positions ( I don't use this)
- KillTradeTimer= SL the trade when a certain number of hours has reached
- NumberofHrs=720 = 30 days
Awsome EA; after 1 month, I have 115 winning trades and only 5 negative, max 2% of DD. Author easy to contact and fast answers. My only regret is not to have bought it earlier.