is a breakout/scalper Ea that works on EURUSD,GBPUSD,USDJPY,XAUUSD,AUDUSD on H1 Timeframe.
Genie is currently in PROMO with 50% discount! Normal price is 495.00 $!Live Signal low risk mode (max DD 5%): https://www.mql5.com/en/signals/993608
Live signal only EURUSD low risk mode (max DD 5%) : https://www.mql5.com/en/signals/993610
It is a very stable system that show incredible performance since 2003, were other scalper can not compete, and it is very Robust becouse the same algo can work on 4 pairs.
Suggested brokers are Icmarkets,Tickmill,Darwinex,GlobalPrime and every broker with ECN quote.
It has a very unique features, the auto increase lot size, which help users to setup efficiently the ea without making mistakes and with the correct risk manegement.
Since every trader has got his unique appetite, i setup 5 type of risk:
The table is intended for 5 pairs trading:
- ultra low risk (max DD forecasted is 2.5%)
- low risk (max DD forecasted is 5%)
- normal risk (max DD forecasted is 10%)
- medium risk (max DD forecasted is 20%)
- high risk (max DD forecasted is 30%)
Minimum balance for normal risk
and 4 pairs is 100 usd, while for 5 pairs is 600 usd ( XAUUSD has got the biggest DD in backtest versus other 3 pairs )
Using this new method of money management, the user will know what will face in the future, at least based on what happened on backtest, while using old method of risk % per trade, can not be well calculated.
Setup EA in your broker:
1) Please allow web requests to the following URLs for the automatic GMT offset calculation:
2) open 4 charts H1 (EURUSD,GBPUSD,USDJPY,XAUUSD) and add Genie to each of them, no need setfile, just setup correctly your risk appetite.
3) The EA should run on a VPS continuously without interruption to store the historic data.
Ideally, backtests in MT4 should be done with Tick Data Suite GMT+2 with US DST. and with MT5 with a broker that can give 100% quality tick every tick data.
In comments i have uploaded the backtest: https://www.mql5.com/en/market/product/68048#!tab=comments&page=1&comment=22768769
Of course past performance can not be a guarantee of future profit.
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