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Discovery EA

5

Discovery EA is a fully automated Expert Advisor that works on all Forex pairs and once installed requires very little from the user, but is perfect for the more advanced trade too due to it's many features. 

The EA is based upon the channel system but uses the channel twice to generate the signal to start trading. The 1st channel uses the higher timeframe to generate the direction of the trade (Buy or Sell), similar to a trend direction, then the 2nd channel uses a lower timeframe to generate the signal to start trading. Only when both the higher and lower timeframe signals are in agreement does a trade start. Discovery EA is fully customisable should you wish to try your own settings. but set files are provided to start trading. 

Due to the stringent requirements to start a trade sometimes there can be time without a trade starting and that is why it can be used over multiple currency pairs at the same time. But DO NOT apply to every currency pair - choose your currency pairs. Please see the live signal for working suggestions to start you off. 

The trading options are flexible and can either be a single trade or a grid with or without lot multiplier. 

There are added security measures for safer trading:- 

  1. The EA will close all positions on a each currency pair when it reaches a certain level of loss (the level of loss can be changed in the EA),
  2. There is a time setting for how long the lower timeframe has to generate a signal before the higher timeframe becomes invalid and then the EA starts searching for a trade all over again. 

To test Discovery EA, you will need to test each currency pair individually and then combine these results to work out the true potential of this EA.

For Live Signals and Products visit the page: -  https://www.mql5.com/en/users/jims99/seller

Set Files - A full list of set files will be given on the comments page - so there is no need to alter the settings whatsoever just update with the correct set files and start trading.

But for those of you who wish to change / adapt the settings to your requirements please see the list of settings below.

Settings (if a setting is repeated on the EA it will not be repeated here)

Channel width - to increase the width of the channel

Max. Lookback Bars (0 = Unlimited) -  the max. bars that the built in indicator is allowed to lookback and find a signal at the first run to prevent slow loading

Channel History Calculation - how many bars of history are used to generate the channel

Live or Closed Bar - Is the signal generated when the bar is closed (finished) or during a Live bar

Use Timeframe - True / False - if you do not want to use the higher timeframe option it can be turned off by setting to False

Valid Time of Signal (0 = not use), min - is a time setting (in minutes) for how long the lower timeframe has to generate a signal from when the higher timeframe signal is generated before the higher timeframe becomes invalid and then the EA starts searching for a trade all over again

Time Start - When active trading can start for the day

Time End - When active trading finished for the day

Max Orders - the maximum number of orders placed by the EA on that currency pair

Distance, pips - If you choose more than 1 max order then this is the distance between orders

Take Profit, pips - The amount of profit

Stop Loss, pips - The amount of stop loss

Slippage, pips - The allowable amount of slippage before a trade wont be placed 

Max Certain Loss of all grids, % balance - When this percentage is reached all orders on that currency pair is closed

Initial Lot - The starting lot size 

Use Money Management -  True or False for the next setting % from equity 

% from equity - The starting lot is worked out on this % of the equity of the balance of the account

Lot multiplier  - The next trade size will be the previous trade size multiplied by this figure

Max Lot - The maximum size of any single trade

Order Comment - The name of the EA

Magic number - A unique number to distinguish between other EA's active on your platform

Use Trailing Stop - True or False

Start Point, pips - The number of pips before the Trailing stop starts

Trailing Step, pips - The amount of the price has to move before the Trailing Stop moves

Trailing Value, pips - The gap from the price to the latest Trailing Stop

Show Statistic -  True or False - You can either show or hide the relevant statistics for that currency pair on the chart

Show Close Buttons -   True or False - You can manually close all the orders if you so wish by clicking on Close Buy or Close Sell or Close All - these buttons can be shown or hidden



İncelemeler 2
jeffcwdai
698
jeffcwdai 2024.08.08 06:02 
 

reliable and safe strategy, as spacing between entries has 100 pips. Quick response to questions. Thanks James

Mohammed Jeelle Iidle
1422
Mohammed Jeelle Iidle 2023.11.03 18:39 
 

I am extremely satisfied with the Discovery EA, It consistently generates profits with each trade it opens. The accuracy and reliability of this EA have exceeded my expectations. The key advantages of the Discovery EA are the free updates, settings files, and ease of use. I appreciate the well-designed algorithm and the consistent results it provides. This purchase has been a game-changer for my trading, and I highly recommend it to anyone seeking a profitable long-term trading solution. Support from the developer is very good so far as well so that is a credit. Thank you for delivering a top product!

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Bonnitta EA, Bekleyen Pozisyon stratejisine (PPS) ve çok gelişmiş bir gizli ticaret algoritmasına dayanmaktadır. Bonnitta EA'nın stratejisi, gizli bir özel gösterge, Trend çizgileri, Destek ve Direnç seviyeleri (Fiyat Eylemi) ve yukarıda belirtilen en önemli gizli ticaret algoritmasının bir kombinasyonudur. 3 AYDAN FAZLA GERÇEK PARA TESTİ OLMADAN BİR EA ALMAYIN, BONNITTA EA'YI GERÇEK PARA ÜZERİNDE TEST ETMEM VE SONUCU AŞAĞIDAKİ BAĞLANTIDAN GÖRMEM 100 HAFTADAN FAZLA (2 YILDAN FAZLA) ALDI. BONN
Ai Multi Trend MT4
Mansour Babasafary
5 (2)
Uzman Danışmanlar
Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Uzman Danışmanlar
Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Uzman Danışmanlar
Arz ve talep ilkelerine dayanan tam otomatik bir danışman . İlk defa tam otomatik arz ve talep danışmanları sunuyoruz . Ticaret artık daha kolay hale geldi ve artık ticaret stratejiniz üzerinde tam kontrole sahipsiniz. Kullanışlı bir grafik kontrol paneli kullanın. 15.000 satırdan fazla kodla en yüksek kalitede algoritmik ticaret yazılımına sahip olursunuz. EA Probot Arz ve Talep Kılavuzu Nesne Varlıklarıyla Ticaret Yapmanın En İyi Yolu sizi uzman bir tüccar olma yolunda her adımda zorlar.
Diamond Titan FX MT4
Lo Thi Mai Loan
5 (8)
Uzman Danışmanlar
Merhaba, ben Diamond Titan FX. Bu EA, US30 çiftleri için özel olarak tasarlanmıştır. EA, Martingale veya Grid gibi herhangi bir riskli strateji kullanmaz. Varsayılan olarak, EA her işlem için 50 pip sabit bir SL belirler, ancak isterseniz bunu değiştirebilirsiniz. EA ayrıca 10 pip'ten itibaren karı kilitleyen bir takip durdurma (trailing stop) uygular; bunu da değiştirebilirsiniz. Tüm hesap için drawdown yönetim işlevi bulunmaktadır. EA, haber olayları sırasında ticareti kapatmak isterseniz hab
NNFX Algo
AHMED ZABIR SAZOL
Uzman Danışmanlar
This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
AI NoX EA MT4
Denis Kurnev
5 (1)
Uzman Danışmanlar
AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and   Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor The price of the advisor will increase significantly as I have allocated a specific number of copies. I will adjust the price as s
Daytrade Pro Algo
Profalgo Limited
5 (5)
Uzman Danışmanlar
Lansman Promosyonu: Mevcut fiyattan sınırlı sayıda kopya mevcuttur Son fiyat: 990$ YENİ: 1 EA'yı ücretsiz alın!   (2 ticaret hesabı için) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files DayTrade Pro Algo'ya hoş geldiniz!   Yıllarca piyasaları inceledikten ve farklı stratejiler programladıktan sonra, iyi bir ticaret sisteminin ihtiyaç duyduğu her şeye sahip bir algoritma buldum: Broker bağımsızdır Bağımsız
Ai Hybrid Robot MT4
Mansour Babasafary
Uzman Danışmanlar
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
AI Cortex EA MT4
Akshit Bhayana
5 (1)
Uzman Danışmanlar
AI-Powered Trading Cortex EA is a cutting-edge Expert Advisor designed for Gold or XAUUSD and GBPUSD. It utilizes neural networks, AI, and machine learning for smart, low-risk trades. Unlike risky strategies like martingale, Cortex EA focuses on safety and adapting to market changes in real-time. Join our  MQL5 community  for updates, tips, and exclusive content. AI Cortex MT5 Version AI Cortex EA setup blog Promo Price: $599 for the first 3 purchases | Next Price: $749 Key Features AI-powere
Trade Vantage ver4
Yvan Musatov
5 (1)
Uzman Danışmanlar
Introducing Trade Vantage : Professional Market Analyst Trade Vantage is a highly effective analytical tool that uses a specialized algorithm for trading on the Forex and cryptocurrency markets. Its operating principle is based on price analysis for a certain time interval, identifying the strength and amplitude of price movements using a unique indication system. When a trend loses its strength and changes direction, the expert closes the previous position and opens a new one. The bot also tak
Green Hawk MT4
Rashed Samir
5 (2)
Uzman Danışmanlar
Green Hawk is a professional scalping expert. The strategy is based on smart scalping algorithms which trades in certain periods of the market. The system does not use risky strategies such as grid or martingale. Trading is done based on the return of the price in short periods. All trades are closed within hours. Take advantage of the current launch promo price. I will increase the price In the near future. Next Price: $800 The final price will be $2000 FEATURES Multi Symbols   in one chart op
Gold Trade Pro
Profalgo Limited
4.63 (24)
Uzman Danışmanlar
Tanıtımı başlat! 449$'dan sadece birkaç kopya kaldı! Sonraki fiyat: 599$ Son fiyat: 999$ 1 EA'yı ücretsiz alın (2 ticari hesap için) -> satın aldıktan sonra benimle iletişime geçin Ultimate Combo Deal   ->   click here New 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 JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro, Altın ticareti EA'ları kulübüne katılıyor, ancak bü
AI Meta EA MT4
Denis Kurnev
4.43 (7)
Uzman Danışmanlar
Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra
Fenghuang Rig EA MT4
Sof'ia Vlasova
5 (3)
Uzman Danışmanlar
Fenghuang EA utilizes clustering principles in machine learning to analyze data, identifying groups of objects or events with similar features or relationships. It uncovers hidden patterns and categorizes objects by similarities, aiding in the discovery of causal relationships. The EA allows for in-depth data analysis, highlighting significant relationships without risky techniques like martingale, netting, or scalping, making it compatible with various brokerage environments. Read more about t
Big Forex Players MT4
Marzena Maria Szmit
4.71 (28)
Uzman Danışmanlar
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
Filtrele:
jeffcwdai
698
jeffcwdai 2024.08.08 06:02 
 

reliable and safe strategy, as spacing between entries has 100 pips. Quick response to questions. Thanks James

Mohammed Jeelle Iidle
1422
Mohammed Jeelle Iidle 2023.11.03 18:39 
 

I am extremely satisfied with the Discovery EA, It consistently generates profits with each trade it opens. The accuracy and reliability of this EA have exceeded my expectations. The key advantages of the Discovery EA are the free updates, settings files, and ease of use. I appreciate the well-designed algorithm and the consistent results it provides. This purchase has been a game-changer for my trading, and I highly recommend it to anyone seeking a profitable long-term trading solution. Support from the developer is very good so far as well so that is a credit. Thank you for delivering a top product!

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