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GegaTrend

Gegatrend EA is a cost averaging system with a sophisticated algorithm.

It is secured by a built-in “News WatchDog” that suspends trading during news events.

For full description: https://www.mql5.com/en/blogs/post/711269

Watch how it works: https://youtu.be/j17AR3uq6yI


Parameters

  • SR timeframe long — timeframe for support/resistance leveling long direction.
  • SR distance long — minimum distance in pips between long trades.
  • SR level long — the number of trades to start using SR levels for long direction.
  • SR timeframe short — timeframe for support/resistance leveling short direction.
  • SR distance short — minimum distance in pips between short trades.
  • SR level short — the number of trades to start using SR levels for short direction.
  • EAWorkMode — switch between BacktestMode or LiveMode.
  • DrawingOn — show past news on chart.
  • ShowDashboard — show statistics on chart.
  • ShowBalance — show balance on chart.
  • GMTOffSetOfBroker — the GMT offset between your broker and GMT time.
  • Trade comment — a comment to trades.
  • MagicNumber — trades ID.
  • MoneyManagement — FixedLot/UseMM. Use fixed lot to trade or money management.
  • Start Balance — the balance to use when MoneyManagement is chosen.
  • LotSize — lot size.
  • Risk — percent of the start balance to use for trading.
  • TradingDirection — the direction you wish to trade.
  • MaxSpread — maximum spread to allow trades.
  • PauseLong — pause long trades in case a long trade or basket of trades are being managed. The EA will continue managing until the trade/basket is closed then “Pause”.
  • PauseShort — pause short trades in case a short trade or basket of trades are being managed. The EA will continue managing until the trade/basket is closed then “Pause”.
  • PauseFollowLong — pause leveling (adding more trades) for long trades.
  • PauseFollowLong — pause leveling (adding more trades) for short trades.
  • TakeProfitLong — take profit for long trades.
  • TakeProfitShort — take profit for short trades.
  • Use_SL — true/false.
  • Stop by money Long — stop loss for long direction (percent).
  • Stop by money Short — stop loss for short direction (percent).
  • List of symbols for news filter — currency symbols to choose for filtering the news. Example: USD,EUR,GBP,CHF,CAD,AUD,NZD,JPY.
  • Show lines for news in the past — show old news on chart (slows backtesting).
  • Pause Long before a critical news — minutes to pause before a critical news.
  • Pause Long after a critical news — minutes to pause after a critical news.
  • Pause Long before medium news — minutes to pause before a medium news.
  • Pause Long after medium news — minutes to pause after a medium news.
  • Pause Long before a low news — minutes to pause before a low news.
  • Pause Long after a low news — minutes to pause after a low news.
  • Pause Short before a critical news — minutes to pause before a critical news.
  • Pause Short after a critical news — minutes to pause after a critical news.
  • Pause Short before medium news — minutes to pause before a medium news.
  • Pause Short after medium news — minutes to pause after a medium news.
  • Pause Short before a low news — minutes to pause before a low news.
  • Pause Short after a low news — minutes to pause after a low news.
  • PauseAfterLevelOrdersLong — level to pause for long trades.
  • PauseAfterLevelOrdersShort — level to pause for short trades.
  • DrawdownInCash — amount that you wish to receive push notification when it is reached.
  • SendPushNotificationOnDD — send push notification about your drawdown.
  • StartTradingInMondayTime — time to start trading on Mondays.
  • EndTradingInFridayTime — time to stop trading on Fridays.
  • PauseBasketOnNews — pause adding levels when news event happen.
  • MinBarDistanceLong — minimum bars to allow a long level.
  • MinBarDistanceShort — minimum bars to allow a short level.
  • UseMAfilterLong — moving average filter for long direction enable/disable.
  • MAperiodLong — moving average period for long direction.
  • MAlevelLong — moving average level to allow Long direction (in points).
  • UseMAfilterShort — moving average filter for short direction enable/disable.
  • MAperiodShort — moving average period for short direction.
  • MaShortPips — moving average level to allow short direction (in points).

In order for the "News WatchDog" Feature to function, you should check box “Allow WebRequest” and add “http://news1.gegatrade.com” into your WebRequest URL list

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5 (1)
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4.48 (25)
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Mansour Babasafary
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5 (8)
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NNFX Algo
AHMED ZABIR SAZOL
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
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Denis Kurnev
5 (1)
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
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5 (5)
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Denis Kurnev
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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
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Profalgo Limited
4.63 (24)
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Sof'ia Vlasova
5 (3)
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)
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
AI Cortex EA MT4
Akshit Bhayana
5 (1)
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
Sequoia mt4
Yvan Musatov
3.4 (5)
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
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Gegatrade Pro
David Zouein
4.66 (95)
Gegatrade Pro EA is a Cost Averaging System with a Sophisticated Algorithm. It is secured by a built-in “ News WatchDog ” system that suspends trading during news events. Trading Strategy Gegatrade Pro EA is based on the fact that most of the time the price usually moves between the upper and lower boundaries of the trading channel. Basing on this fact, Gegatrade Pro places its first trade, assuming that the price is going to return to its average value and take the profit which is defined. If
Breaking News
David Zouein
3.67 (3)
Breaking News Expert Advisor is a state-of-the-art news trading system. The EA analyzes the market during the most critical news announcement periods and determines the entry levels based on the finding of price fluctuations during that periods. The direction of the trade is determined by the EA's clever adaptive system. The unique clever way the EA auto-manages your trades cuts drawdowns to the minimum enabling you to start with a low balance like $50. The EA has a minimum set of inputs for sim
Gegatrade Advanced
David Zouein
5 (1)
Gegatrade Advanced EA is a state of the art Cost Averaging system It is secured by a built-in “ News WatchDog ” that suspends trading during news events the EA has lot of preset configuration files that can be downloaded from its Blog For full description visit the Blog :  https://www.mql5.com/en/blogs/post/720582 Trading Strategy The EA uses different strategy to each pre-set file which can all be downloaded from the Blog Gegatrade Advanced is open for the user to define his own
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