- June 23, 2017
- Posted by: Forex Wiki Team
- Categories: Forex Trading System, Uncategorized
Gegatrade Pro EA is a Value Averaging System with a Refined Algorithm
Secured by a built-in “Information WatchDog” that droop buying and selling throughout information occasions” The Refined Algorithm of GEGATRADE PRO makes it distinctive.
The buying and selling logic will not be static however continuously altering and adapting to the precise market circumstances. As all merchants know, “One Information occasion” with excessive influence available on the market is what it takes to Blow an account. GEGATRADE PRO EA has a particular function that makes it even smarter, NewsWatchDog that “Droop buying and selling throughout information occasions”
The foreign money calendar with all of the financial occasions releases are routinely downloaded by the Robotic.
Settings / Inputs
Organising GEGATRADE PRO and Understanding every Enter.
EAWorkMode – RealMode for Dwell Buying and selling or BacktestMode for Backtesting
DrawingOn – That is to indicate Drawing in your Chart.
ShowDashboard – This exhibits a dashboard on the Chart with some helpful info
ShowBalance – This exhibits your Stability and Fairness on the chart Altering these Values to “NO” Makes the EA quicker whereas Backtesting
GMTOffsetOfBroker – That is crucial half. The EA makes use of GMT Common Coordinated Time for its Information WatchDog.
In case your Dealer is +3 from the Information Watchdog Time, then it's important to shift your dealer 3 hours again, on this case you set -3 in your EA setting
This can be a checklist of brokers with there GMTOffset
Tickmil = -3, ICMarkets = -3, FBS = -3, FxChoice = -3, Pepperstone = -3, GKFX = -3
Alpari = -3, MX = -3, ACTIVTRADES = -2
TradeComment – You may kind any remark you want to indicate on trades
MagicNumber – This can be a distinctive quantity, this quantity ought to be modified in the event you connect multiple chart, every chart with a distinct MagicNumber
Cash Administration – UseMM/FixedLot
If “UseMM” is chosen, the EA appears at your steadiness and danger 0.33% of it.
Within the case of the determine above, the EA has a steadiness of 3000 with danger 0.33%, then beginning lot measurement could be 0.01
When the steadiness grows to 6000 then the beginning lot measurement can be elevated to 0.02
That is good for backtesting.
If “FixedLot” is chosen, then you definately merely set the lot measurement you want to begin with and disrespect all the remainder.
Really helpful begin lot measurement 0.01 for each 3000$ steadiness.
TradeDirection – Brief/Lengthy/Each
You may outline what route to commerce. Our suggestion is at all times Brief.
MaxSpread – The utmost Unfold to permit trades.
PauseLong – It will power a pause and the EA will cease opening 1st Beginning Lengthy commerce.
N.B This is not going to cease the EA from “Managing the exisiting trades” OR “Opening extra trades” for its calculation Algorithm.
PauseShort – It will power a pause and the EA will cease opening 1st Beginning Brief commerce.
N.B This is not going to cease the EA from “Managing the exisiting trades” OR “Opening extra
trades” for its calculation Algorithm
Instance : If the EA has 5 Brief trades being managed and also you need to cease the EA after it
end managing this bascket of trades, then you definately set your PauseShort to Sure.
The EA wil proceed opening orders and managing this Basket of Brief trades, after it
meets the Take Revenue and shut, the EA goes into PAUSE.
PauseMartingaleLong – This perform will pause the EA from opening new Lengthy Martingale trades.
PauseMartingaleShort – This perform will pause the EA from opening new Brief.
Martingale trades.When this perform is turned Off then the EA will merely proceed the place it left
TakeProfitLong – Take Revenue for Lengthy trades (In Factors)
TakeProfitShort – Take Revenue for Brief trades (In Factors)
Use_SL – YES/NO It will activate the Cease Loss perform
Cease by cash Lengthy – The amount of cash to activate Cease Loss for Lengthy Commerce
Cease by cash Brief – The amount of cash to activate Cease Loss for Brief Commerce
TradeFriday – Prohibit Buying and selling on Fridays