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Smart Prospector Expert

This Expert Advisor has Four Trading Strategies:

  • TRADING_STRATEGY_ONE - The Smart Trader - Based on The Popular SMC Trading Strategy.
  • TRADING_STRATEGY_TWO - The Smart Reversals / Extensions Pending Stop Orders.
  • TRADING_STRATEGY_THREE - The Smart Reversals / Extensions Pending Limit Orders.
  • TRADING_STRATEGY_THREE - SMART__NEWS__TRADER - High Impact News Trading Strategy With 20 Years NFP History Trading in GBPUSD, EURUSD & AUDUSD.

Much and careful work has been done to package this E.A. all together. Having tested it in a number of trading currencies and symbols with over 25 Years super performance and also deploying it for live trading, we are optimistic that 'The Smart Prospector' will continue to outperform itself in any given market condition. 

  • As the Smart Trading Concept/Strategy is applicable to any financial instrument, thus - 'The Smart Prospector' is Universally adaptable to any trading chart after optimization.


OPTIMIZATION GUIDE

The Optimization settings and range of values provide a clear guide for the optimization process and some optimized settings are already made available. Please' see the 'comments' section. Please note here that the pre-news and post-news sections can also be profiled for optimization. With the new version (7.017), optimization is to be done in two stages.

  1. Locate the stage 1 optimization set file and load it.
  2. Select your trading choice symbol/currency pair and optimize for a period of at least 12 to 20 years. 
  3. NOTE: Do not run optimization for the whole period of 20 years. 
  4. After successful optimization, test the optimized output for at least three years before the optimization begin date and then at least three years after the optimization end date. You may also choose to run the set file to see the overal output for the 20 + years.
  5. Choose the best of settings and save the others.
  6. To see the ovwerall trading performance, set each of the sections as 'True'

Please Take Note:

  • Check your overall results to ensure that the growth curve is steady and that Profit to DrawDown ratio is at worst 5:1.
  • Profit Factor must be 2.0 and above.

E.A. Settings Description

There should be no desperate needs to optimize these settinga below, they have been sufficiently preset with the relevant Fibonacci values.

  • FiBo_Reversals_Monthly - Fibo 'Father' High/Low price entry for the monthly time range.
  • FiBo_Reversals_Weekly - Fibo 'Father' High/Low price entry for the weekly time range.
  • FiBo_Reversals_Daily - Fibo 'Father' High/Low price entry for the daily time range.
  • FiBo_Reversals_Depth - Indicator buy / sell depth level.
  • FiBo_Reversals Interval - Period interval for trade making decisions.
  • FiBo_Reversals_Tf - Time Frame used for entry calculations.


TRADING_STRATEGY_ONE

Smart_Trader - Core (Independent) Trading Strategy I. Set 'True' to use.

  • Smart_Trader_Instant - Instant Orders Smart Prospector Trading.
  • Smart_Bull_Instant_Factor - Instant Buy Orders Trading Lots Multiplier.
  • Smart_Bear_Instant_Factor -  Instant Short Order Trading Lot Multiplier.
  • Smart_Trader_Limit - Buy/Sell Limit Order Smart Prospector Trading.
  • Smart_Bull_Limit_Factor - Buy Limit Orders Trading Lots Multiplier.
  • Smart_Bear_Limit_Factor Sell Limit Orders Trading Lots Multiplier.

  • Smart_Trader_Stop - Buy/Sell Stop Order Smart Prospector Trading.
  • Smart_Bull_Stop_Factor - Buy Stop Orders Trading Lots Multiplier.
  • Smart_Bear_Stop_Factor Sell Stop Orders Trading Lots Multiplier.

  • Smart_Trader - Independent Trading Strategy I. Set 'True' to use. 
  • Smart_Fibo_Bars - Bars range for finding peak high/low prices.
  • Smart_Trend_MA - Trend moving average period.
  • Smart_Peak_D1_MA -  Trend moving average period on a higher timeframe.
  • Smart_Peak_D1_MA_Shift -  Trend moving average period on a higher timeframe shift.
  • Smart_Interval - Interval between a peak high and a peak low.
  • Smart_Coefficient - Comparative factor between two volatile periods.
  • Smart_Fibo_Depth - Depth (or height) to which the new trading day (or period) must not be lower/greater than.
  • Smart_Daily_Average_Ratio - A ratio taken based upon the average daily trading range for some days. This is relevant for a smooth entry.
  • Smart_Trailing_Points - Trailing points set to trail profits.
  • Set_Smart_Prospector_Stop_Loss - Option to use or not use stop loss.
  • Smart_Tf - Trading decision time frame.
  • Smart_Higher_Tf - Higher timeframe to spot volatile periods.

As evidenced in the attached optimazation settings, the above settings must be dutifully optimized and tested. Doing that will provide the basic settings to run Smart Trader Prospector E.A. Please bear in mind that this strategy is not an everyday trading strategy as it is specialised in trend pick up and take off entry timing however, it is a sure trading strategy.


TRADING_STRATEGY_TWO


SMART REVERSALS PENDINGS STOPS

Smart Reversals And Extensions Pending Order Market Entry Strategy - For Buy/Sell Stops. Optimize independently.

  • Smart_Reversals - Set 'True' to allow Expert Advisor automatically look out for market reversals opportunities when price is at a market top or market bottom and then place buy or sell stops at appropriate price levels.
  • Smart_Reversals_Lot_Amplifier - Optimize for profitability.
  • Smart_Extensions  - Set 'True' to allow Expert Advisor automatically look out for market extensions opportunities when price is at a market top or market bottom and then place buy or sell stops at appropriate price levels.
  • Smart_Extensions_Lot_Amplifier- Optimize for profitability.
  • Smart_Pendings_Period - Fibo Reversals Indicator high/low Period.
  • Smart_Pendings_Shift - Period shift relevant for stable trading decision.
  • Smart_Rev_Ext_Ratio -  Abitrary value between 0 and 1.
  • Smart_Rev_Ext_Days_Peak_Range  - Maximum high/low range before price breakout.
  • Smart_Rev_Ext_Expiration_Hours  -  Pending orders active life within which if not hit by price becomes irrelevant and so deleted.
  • Smart_Trader_Pendings_Tf - Time frame used in price calculation.
  • Cautious_Stops - Manages triggered pending stop orders Set True to enable the below settings.
  • Smart_Rev_Ext_Closure_Hours - Hours after which if trade has not hit the take profit level, trade must close in profits.
  • Smart_Rev_Ext_Closure_Days - Days after which trades must be taken down (if trade has not closed in profits).
  • Smart_Rev_Ext_Open_Hour - Daily trade look out time 1 (say between 00;00 and 8;00 - MT4 chart time).
  • Smart_Rev_Ext_Open_Hour_2 - Daily trade look out time 2 (say between 8;00 and 16;00 - MT4 chart time).
  • Smart_Rev_Ext_Open_Hour_3 - Daily trade look out time 3 (say between 16;00 and 23;00 - MT4 chart time)
  • Smart_Rev_Ext_TimeOut_Window - Window trade lookout duration in hours.


TRADING_STRATEGY_THREE


SMART REVERSALS PENDINGS LIMITS

Here the trading strategy is exactly the same as trading strategy two but the strinking difference is that instead of a buy / sell stop order, we use a buy / sell limit order for entry. This too must be independently optimized.



TRADING_STRATEGY_FOUR


SMART__NEWS__TRADER

Below Is The News Trading Entry strategy. Use only for high priority news releases.


Smart_News_Parameters

  • Smart_Pre_News - Turn true to trade high impact news with buy/sell stop orders.
  • Smart_Pre_News_Return - Turn true to trade high impact news with buy/sell limit orders.

The idea here is to trade prime news such as the NFP, CPI, PPI, Retails Sales, Interest Rates etc by placing pending orders minutes before the news release time. It is expected of such high impact news releases to break out in one sure direction. So two pending orders are placed at approriate highs and lows just before news release.

  • NFP_News_Trading - Auto searches for the first friday of each month and opens appropriate trades.

  • CPI_PPI_RetailSales_News_Trading Auto searched for key trading news at other times in the month.

  • Smart_News_Day - Select the date of the expected news release.

  • Smart_News_Hour_MT4_Chart - Select the MT4 news release hour as picked from the MT4 chart. If news release minutes is less than 30 (ex. 15:00, 17:15, 19:25), then the news release hour must be set at an hour earlier. But if the news release minute is greater than 30, then the very news release hour must be used.

  • Smart_News_Hour_TimeOut - (For testing purposes or if exact news hour cannot be ascertained or may vary by 1 or two hours. Else leave value at 0).

  • Smart_News_Minutes - Enter the specific news release minutes.

  • Smart_Placement_Minutes - Select the time the E.A will place the two pending orders before the 'Smart_News_Minutes'. Note: this value must be less than the ' Smart_News_Minutes'. It is advised that the pending orders must be placed at least 30 minutes before the news release minutes.

  • Smart_Expiration_Minutes - Select the time the placed pending orders must expire. (Ex. Smart_Placement_Minutes [0] +  Smart_Expiration_Minutes [32]) > Smart_News_Minutes [30]. 

  • In this case: [0 + 32] = 32

  • [32 - 30] = 2 - Pending orders expires just two minutes after the high impact news is released.

  • Smart_Pre_News_Max_Peak_Range - As we want to trade news break outs, we are to look out for a timing wherein there has been a pre-calm market condition - ie - price fluctuations (highs and lows) so far for the chosen peak range hours before the news release does not exceed chosen pip range - (say 30 pips in four digit charts and 300 pips in a five digit chart). Outside of this range, no pending orders will be set.

  • Smart_News_Peak_Range_Hours - Select the duration wherein to search for highs and lows (in hours) prior to the news release hour.

  • Smart_News_Peak_Range_Period - With some volatile pairs and minutes before news releases, the preset pending order may have already been triggered. This setting accurately trims out such occurrences and so EA will not place any pending order in such direction before the news release minutes - hence greatly taming such risks.

  • Smart_Pre_News_Ratio - A ratio of the prior 'high-low' range relevant to place the pending orders.

  • Smart_Pre_News_Entry_TF - Market entry timing interval.


TRADE_MANAGEMENT______

  • Profit_Pointss - Set Trading take profit levels. Please note 300.0 (for 5 digit charts) and 30.0 (for 4 digit charts).
  • Fixed_Lot_Size - Enter fixed trading lot size or set at '0' to use percent variable lot sizes.
  • Lot_Percent - Set percentage lot size based on account balance. (Please use cautiously).
  • Max_Daily_DD_Percent - Closes all opened trades on account if account draw down rises above preset levels.
  • Friday_Night_Closures - Closes all opened trades on Friday night just befofre the trading week closes.
  • Close_All_Trades_Now - If chosen, every opened trade in the account are automatically been closed.
  • Entry_TF - Time frame used by EA. to place trades in in the MT4 terminal. 
  • Chart_Identity_Number - Varying this number means different settings of optimized values of same currency / symbol can be used independently in same account.
Enjoy Your Trading.








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Dmitriq Evgenoeviz Ko
1 (1)
外匯市場 (Forex) 是世界上最大、流動性最強的金融市場,貨幣每週 5 天、每天 24 小時進行交易。 貨幣交易為經驗豐富的交易者和新手提供了從匯率波動中獲利的巨大機會。 然而,成功駕馭外匯市場需要深入了解影響貨幣走勢的因素、技術分析技能和風險管理策略。 隆重介紹黃金聯盟顧問 - 您在黃金交易領域的可靠助手。 這種先進的價格行為工具旨在提供即時資訊、市場分析和策略建議,幫助您自信地應對複雜的黃金市場。 憑藉其先進的演算法和數據驅動的價格行動方法,Gold Alliance Advisor 讓您能夠做出明智的決策、抓住機會並最大限度地發揮您的交易潛力。 無論您是經驗豐富的投資者還是剛起步的投資者,這位顧問都將是您在輝煌的黃金交易世界中取得成功的關鍵。 Gold Alliance 是一款功能強大且先進的交易顧問,由經驗豐富的交易者和程式設計師設計,可協助您應對貨幣交易的複雜性。 該智慧顧問旨在自動化交易流程、優化利潤並降低風險。 透過 Gold Alliance,您可以獲得在動態的外匯交易世界中蓬勃發展所需的先進技術和分析工具。   *自動交易:* Gold Alli
Pirate
Anatoliy Lukanin
3.9 (20)
Deposit :   from 100 deposit units Trading pairs: I recommend currency pairs: EURAUD, CHFJPY, EURCHF, EURGBP, AUDCHF, CADCHF, USDCHF. Trading period :  Any Account: You should use ECN-ECN.Pro accounts with five-digit quotes with a moderate size (spread). Parameters: USING - Choice, trading risk or fixed lot RISK/LOT - Lot Risk Value RESTORING_THE_BALANCE - Restoring balance* HOW_THE_RESET_WINDOW - Reset the Global Variable TAKE_PROFIT - Set profit STOP_LOSS - Set loss COUNT_BUY - The number of
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ComBo TrenD
Adeniyi Adedipe
This Is An Oscillatory Indicator Which Has OnlyTwo Lines: Main Line - The calculation for this value is based upon the open, high, low and close prices of chosen input parameters (within the set periods.) Signal Line - The Calculation for the signal line is based on the addition (& multiplication) of several moving averages of the Father, Son & Holy Spirit Periods (all applied to the main line's value). Input Parameters Please Note that by way of combination, each input parameter plays several
Fibo Reversals
Adeniyi Adedipe
Fibo Reversals is an indicator which has carefully been put together to attempt to indicate a time period in which an ongoing trend is most probably exhausted and a new trend (actually a reversal trend) inadvertently begins. At this, it should be okay for the manual trader to be on the look out for good trading opportunities. Input Settings Father Fibo  – This Input Determines The Highest Price For The Chosen Input Period. Son Fibo  - This Input Determines The Lowest Price For The Chosen Input
Turbo Pivot
Adeniyi Adedipe
Turbo Pivot E. A. (as Multi Currency Meter Robot) has been designed to trade without indicators and so easy to use in any currency pair including Metals.  A simple optimization would generate stable workable settings successfully trading over a period of 7 years testing.  Hence there is no doubt that the trader would attain stable results. Below are highlights of some of Turbo Pivot settings. The rest of which are well explained in the E. A .  Deviations (in multiples of main chart spre
Intra Day Pivot Trader Irrespective of price fluctuations, there will always be a pivot and price will always rotate about its pivot. This EA is designed to search for daily trading opportunities ONLY WITHIN THE FIRST & SECOND PRICE LEVELS - below the Resistance Level 2 (R-2) and above the Support Level 2 (S-2). Settings Descriptions  Transience -  This is the period for trade decision making in the specified time frame of the price chart. Entering a Zero (0) value means that the 'said' time-fra
Super Turbo AI
Adeniyi Adedipe
Super Turbo AI is a Multi Currency Trading Robot which has been carefully designed and rigorously tested for successful and consistent long term trading activities with each trade been potentially profitable. The over twelve years Optimization and back testing stages have both been well completed and default setting is best suited to the EURUSD pair. Attached also is the same EURUSD setting which can continually be used for months and even years to come (please visit the Comments section to dow
Super Fibo AI
Adeniyi Adedipe
SUPER FIBO AI... RE-ENGINEERED RISK MANAGEMENT MODEL. DEFAULT SETTINGS ARE GOOD FOR EURUSD LIVE TRADING. SIMPLY TURN ALL 12 'Grouped_Trading_Strategies' TO TRUE. Set the value of your starting account deposit/balance as the "Fixed_Trading_Funds" and for higher trading volumes, increase 'sfAI_Batch_Orders' with caution. Super Fibo AI is a multi-Strategy E.A. with keen focus on the EURUD trading pair integrates over 120 independent trading strategies. Super Fibo AI has been cautiously designed an
Holy Trinity Volatility Indicator This indicator reflects the peak time of the day wherein there's is expected to be sharp price actions. It also presents the markets as just waking up from the dull and less volatile Asian (and or London) trading sessions into a bustling time of highly liquid price flows. NOTE: This indicator informs the trader ahead of peak price movements - one bar just before the real actions starts. Enter when the volatility line falls below the Tripple Exponential Moving Av
The Fibo Reversals Expert is the Expert Advisor built based on the trading strategy of "The Fibo Reversals Indicator". Here, the E.A. is used with two other indicators - "ComBo Trend Indicator" -  https://www.mql5.com/en/market/product/24413? and "Holy Trinity Indicator" - https://www.mql5.com/en/market/product/101432? . The settings of this E.A. are a combintion of the individual settings of each of the indicators in use - with few additional basics. SMART REVERSALS PENDINGS -Smart_Pending_Reve
Universal HedgeR
Adeniyi Adedipe
All Cleaned Up Trading - integrated with market volatility scalping trading.  Settings for all 28 Currency Pairs and XAUUSD (for 5 Digits pairs) are available in the comments section for immediate use. Thus, there is literally no Symbol that cannot be traded.  Download and start your live trading NOW! The Universal HedgeR Expert - just like The Fibo Reversal Expert is the Expert Advisor built based on the trading strategy of "The Fibo Reversals Indicator". Here too, the E.A. is used with two o
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