Open code version - Gegatrade Pro EA is a Cost Averaging System

Gegatrade Pro.mq4 open code version. 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.

Free version for testing with Metatrader 4

Price 399USD for payment via Paypal system (bank card) just click BUY button.

Special price 350USD for direct payment via: Visa to Visa, Skrill, Neteller, Webmoney, Bitcoin (BTC), Western Union.

https://myfxbook.page.link/Gegatrade

GEGATRADE PRO 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, based on its RSI trend Indicator combined with its State-Of-The-Art

Gegatrade Filters, assuming that the price is going to return to its average value.

System: Metatrader 4
Needed indicators: in zip archive
Timeframe: H4
Currency pair: EURUSD, GBPUSD, EURAUD, EURCHF, AUDNZD, AUDUSD, NZDUSD
Limits by accounts: No
Limits by time: No
Type of trading: Middle-term trading
Number of signals using in trading: 15
Money management: yes
Using with other EAs: yes
Broker account: any account
Max. spreads allowed: 8 (80)
TakeProfit and StopLoss max used: 120 (SL), 60 (TP)
Duration of trades: average 4 hours – 1 day
Lots: 0,01 – 100
VPS or Laptop: need 24/5 online
What you are buying:
1. Pack of indicators
2. Gegatrade Pro.mq4

This assumption holds with high probability, giving GEGATRADE PRO 70% profitable trades, which increase the account balance.

If the price leaves the trading channel and continues further in this direction, GEGATRADE PRO will add new trades and increase the overall position with a special algorithm making it bypass fast swings.

When a pull-back of the price occurs, GEGATRADE PRO closes the whole basket of orders with a small profit.

The trading logic of GEGATRADE PRO is not static but constantly changing and adapting to the actual market conditions.

The Robot is secured by a built-in State-Of-The-Art “News WatchDog” system.

The News WatchDog Scans all day for News Events based on the Currency that you define.

When the EA Confirm a News event will happen, it puts itself into Pause and stop trading during that time,

protecting the Balance from News that could effect the Forex Market.


The EA does not have a magic Stick or something like that, it has a Fast execution Algorithm, It uses a special Mathematical formula to manage the loosing trade, by adding more trades and dealing with them as one basket of trades.

The EA does not use Pure Martingale procedure, since Martingale doubles the lot size and this is NOT what the EA does.

Gegatrade Pro Unique WatchDog System makes it bypass trends.

It is advised to Stop trading During some extreme bad News such as Brexit.
However, Gegatrade Pro passed this period safely.

OPEN CODE ONLY:

Parameters

UseTrailingStop — Enable or Disable the use of trailing

TrailingStart — the points at which trailing will start

TrailingStep — steps to trail in points

TrailingRoom — the points allowed before closing the trailing

Use Support Resistance Long — Use Support and Resistance Levels for Long direction

SR Support Resistance Long Period — The TimeFrame used for Support/Resistance Long direction

Min SR Distance Long — Minimum distance (in pips) between Support/Resistance Levels for Long direction

Start SR Long at Level — The level at which Support and resistance leveling starts for Long direction

Use Support Resistance Short — Use Support and Resistance Levels for Short direction

SR Support Resistance Long Period — The TimeFrame used for Support/Resistance Short direction

Min SR Distance Short — Minimum distance (in pips) between Support/Resistance Levels for Short direction

Start SR Short at Level — The level at which Support and resistance leveling starts 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 for 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 (recommended 10 points or bellow)

PauseLong — Pause long trades

PauseShort — Pause short trades

MartingalePauseLong — Pause the Martingale for long direction

TakeProfitLong — Take profit for Long trades

TakeProfitShort — Take profit for Short trades

Use_SL — True/False

Stop Loss Long Percent Balance — Stop loss for long direction

Stop Loss Short Percent Balance — Stop loss for Short direction

Short Minimum Distance level 1 till 10 — The minimum distance in pips between levels

Long Minimum Distance level 1 till 10 — The minimum distance in pips between levels

List of symbols for news filter — Currency Symbols to choose for filtering the news Example: USD,EUR,GBP,CHF

Show lines for news in the past — Show old news on chart

Pause Long or Short before an importance News — Each of the 12 pause inputs will pause number of minutes before or after a News Event

PauseAfterLevel — Pause trading after a certain level

PauseLongAtLevel — level to pause at for Long Trades

PauseShortAtLevel — level to pause at for Short Trades

DrawdownInCash — amount that you wish to receive Push Notification when it is reached

SendPushNotificationOnDD — send Push Notification about your DrawDown

SendPopupAlertOnDD — Alert from your MetaTrader 4 about your drawdown

StartTradingInMondayTime — Time to start trading on Mondays

EndTradingInFridayTime — Time to stop trading on Fridays

PauseBasketOnNews — This will pause adding more trades when News event is active

MinBarDistanceLong — minimum bars to allow a long level

MinBarDistanceShort — minimum bars to allow a short level

UseCounterTrades — Use Hedge yes/no

Counter trades (Hedge) lot size calculates as percentage of main lot size.

Example: if initial lot is 0.10 and CTinitial lot is 0.3, then CTinitial lot will open 0.03 lot.

CTInitialTradeLotSize = 0

CTLotSize_1 = CTLotsize corresponds to percentage of each main level, there is 10 Levels to set you can define each CTLotsize with a percentage of the main Level.

Example: Main level 5 = 0.10 lot, CtLotSize_5 = 0.5, then the lot size for countertrade level 5 will be 50% from the main level 5, which is 0.05 Lot Size

StartCounterTradesFromLevel — the level at which CT will start

CounterMagicNumber — a unique number for CT trades

HedgedAveragePricePips — the average pip in profit at which CT + main basket close

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)

MaLongTriggerDirection — above or below the MA to trigger a long trade

MaLongTimeFrame — Timeframe used for MA filter

UseMAfilterShort — moving average filter for short direction enable/disable

MAperiodShort — moving average period for short direction

MAlevelShort — moving average level to allow short direction (in points)

MaShortTriggerDirection — above or below the MA to trigger a short trade

MaShortTimeFrame — Timeframe used for MA filter

 

Hints & Advises :

How to protect your account :

When a trade goes wrong Direction, the EA starts its Cost averaging system, you have lot of ways to be secure during this process

1 - "PauseBasketOnNews "  this function is simple and does what it says in-case a trade goes bad, and the EA starts adding more trades for Cost-Averaging AND some News event will happen and you dont feel good about it,

Then in this case, this function will help you. It pauses the "adding more trades ONLY inside News Pause Time".

After the News time to pause clears, the EA will continue where it left.

2 - "Pause At Level"  You can define how many levels to let the EA make trades. this will limit your overall lot size.

3 - "StopLoss"  You can activate stop loss to each direction separately by setting the percent of balance

4 - "Pause Long trades" and "Pause Short trades"  Let's suppose the EA has trades for any direction, and you want to stop it and worried what to do.

You set this to "YES", the EA will continue managing the existing trades, when they close, it stops trading.

5 - "Pause Martingale Long" and "Pause Martingale Short" If the EA is managing a loosing trade and you don't feel good about opening to many trades, you can Force a pause on the martingale, after you feel good, you simply un-pause and the EA will continue were it left.

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3. initial deposit on broker account for trading;

4. my pack of expert advisors from this page.

Installation via Teamviewer is provided by request, just send your timezone and suitable time:
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Skype / Whatsapp: +995511167545

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