Open source EA “Gegatrade Pro” – Forex robot mq4

$399.00

System: Metatrader 4
Needed indicators: in zip arhive
Timeframe: H4
Currency pair: EURUSD, GBPUSD, EURAUD, EURCHF, AUDNZD, AUDUSD, NZDUSD
Limits by accounts: No
Broker account: any
Type of trading: Middle-term trading
Moneymanagement: yes
Max. spreads allowed: 8 (80)
TakeProfit and StopLoss max used: 120 (SL), 60 (TP)
TEST VERSION (Gegatrade Pro_test.ex4) : FREE DOWNLOAD
TRADE VERSION (Gegatrade Pro.ex4) : BUY ADVISOR

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Description

What is Open source EA GEGATRADE PRO

Open source MQ4 robot is a program written for MetaTrader, an online trading platform. Source code means that it can be opened for viewing or editing in MetaEditor and is essential for changing the code. Mq4 forex robot written in MetaQuotes Language 4 (MQL4), that allows you to create trading robots, technical indicators, scripts and function libraries.

EA 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.

This assumption holds with high probability, giving GEGATRADE PRO 75% profitable trades, which increase the account balance.

If the price leaves the trading channel and continues further in this direction, Forex bot 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 Forex trading bot 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.

Specification of Forex robot mq4 Gegatrade

  • 75% profitable trades
  • 30-60% monthly profit
  • The minimum balance requirement in the terminal should be $100. That means if you are not able to invest $100, you can open cent account with the investment of as little as $1 or more.

What you are buying

  • EA files: Gegatrade.mq4
  • Indicators: 40 indicators files

How to open MQ4 forex robot files

Open MQ4 forex robot with MetaQuotes MetaTrader platform. However, because they’re associated with version 4 of the program, you can’t use one in newer versions like MetaTrader 5.

In addition to the MT4 application, open an MQ4 file with Notepad or any other text editor to see the source code information. However, please know that this isn’t the best method

MetaTrader 4 converts MQ4 files to EX4 automatically when you import the file into the Indicators folder. If you have MetaTrader open when the file is copied to that folder, close and reopen the program to generate the EX4 file.

How to start forex trading with Forex EA robot Gegatrade

automated trading with forex robot step 1

Open Account

Open broker account or use existing. You can use any popular broker with small spreads and any type of account (standart, ECN, micro).

Make an initial deposit.

automated trading with forex robot step 2

Install MT4

You need have PC, Laptop (online 24/5) or VPS for trading platform Metatrader 4. 
To ensure the 24-hour operation of the MT 4 we recommend this Forex VPS Provider

automated trading with forex robot step3

Set Up EA

Download forex trading bot from our site after payment and install it in the Mt4, change settings as you want and GET PROFIT!

We can help with installation and configuration of EA.

Open source EA Gegatrade in strategy tester

Gegatrade EA robot profit chart

Gegatrade profit chart

Gegatrade forex robot mq4 on myfxbook account

(click on image)

Forex robot mq4 Gegatrade use next indicators

The average true range (ATR) indicator is a measure of volatility.
Bollinger Bands indicator – using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands simply add and subtract a standard deviation calculation.
Ichimoku Kinko Hyo indicator – used to gauge momentum along with future areas of support and resistance. The Ichimoku indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span.

The Momentum indicator is a speed of movement indicator designed to identify the speed (or strength) of price movement. The momentum indicator compares the most recent closing price to a previous closing price (can be the closing price of any time frame).

Average Volume indicator – compare the average volume for the specified period to determine if volume is above or below average.

Zigzag indicator, Laguerre, Momentum and other. 40 indicators included.

RECOMMENDATIONS

If you looking for the HIGH GAIN PROFIT robot, We recommend our BEST ROBOT FOREXVPORTFOLIO v11.

You can WATCH LIVE STREAMING with forex trading here

best fores robot

How to install forex robot

1. Place order throw the cart and Download the robot, then unzip the archive. Youl’ll find 2 folders (indicators and experts) with  .ex4 files

2. Placing them in the MT4 “Indicators” Data Folder and “Experts” Data Folder

3. Closing and re-starting your MT4 terminal

4. Dragging you expert from the Navigator to the Forex Chart

Do you still have questions about this open source forex robot?

  • what broker and type of account is better to choose 
  • payment method, if there are restrictions for your location
  • help with installation on your computer or VPS
  • account management service
contact3

Completed trades

FAQ

What is Open source EA GEGATRADE PRO

Open source MQ4 robot is a program written for MetaTrader, an online trading platform. Source code means that it can be opened for viewing or editing in MetaEditor and is essential for changing the code. Mq4 forex robot written in MetaQuotes Language 4 (MQL4), that allows you to create trading robots, technical indicators, scripts and function libraries.

EA 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.

This assumption holds with high probability, giving GEGATRADE PRO 75% profitable trades, which increase the account balance.

If the price leaves the trading channel and continues further in this direction, Forex bot 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 Forex trading bot 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.

Specification of Forex robot mq4 Gegatrade

  • 75% profitable trades
  • 30-60% monthly profit
  • The minimum balance requirement in the terminal should be $100. That means if you are not able to invest $100, you can open cent account with the investment of as little as $1 or more.

What you are buying

  • EA files: Gegatrade.mq4
  • Indicators: 40 indicators files

How to open MQ4 forex robot files

Open MQ4 forex robot with MetaQuotes MetaTrader platform. However, because they’re associated with version 4 of the program, you can’t use one in newer versions like MetaTrader 5.

In addition to the MT4 application, open an MQ4 file with Notepad or any other text editor to see the source code information. However, please know that this isn’t the best method

MetaTrader 4 converts MQ4 files to EX4 automatically when you import the file into the Indicators folder. If you have MetaTrader open when the file is copied to that folder, close and reopen the program to generate the EX4 file.

How to start forex trading with Forex EA robot Gegatrade

automated trading with forex robot step 1

Open Account

Open broker account or use existing. You can use any popular broker with small spreads and any type of account (standart, ECN, micro).

Make an initial deposit.

automated trading with forex robot step 2

Install MT4

You need have PC, Laptop (online 24/5) or VPS for trading platform Metatrader 4. 
To ensure the 24-hour operation of the MT 4 we recommend this Forex VPS Provider

automated trading with forex robot step3

Set Up EA

Download forex trading bot from our site after payment and install it in the Mt4, change settings as you want and GET PROFIT!

We can help with installation and configuration of EA.

Open source EA Gegatrade in strategy tester

Gegatrade EA robot profit chart

Gegatrade profit chart

Gegatrade forex robot mq4 on myfxbook account

(click on image)

Forex robot mq4 Gegatrade use next indicators

The average true range (ATR) indicator is a measure of volatility.
Bollinger Bands indicator – using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands simply add and subtract a standard deviation calculation.
Ichimoku Kinko Hyo indicator – used to gauge momentum along with future areas of support and resistance. The Ichimoku indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span.

The Momentum indicator is a speed of movement indicator designed to identify the speed (or strength) of price movement. The momentum indicator compares the most recent closing price to a previous closing price (can be the closing price of any time frame).

Average Volume indicator – compare the average volume for the specified period to determine if volume is above or below average.

Zigzag indicator, Laguerre, Momentum and other. 40 indicators included.

RECOMMENDATIONS

If you looking for the HIGH GAIN PROFIT robot, We recommend our BEST ROBOT FOREXVPORTFOLIO v11.

You can WATCH LIVE STREAMING with forex trading here

best fores robot

How to install forex robot

1. Place order throw the cart and Download the robot, then unzip the archive. Youl’ll find 2 folders (indicators and experts) with  .ex4 files

2. Placing them in the MT4 “Indicators” Data Folder and “Experts” Data Folder

3. Closing and re-starting your MT4 terminal

4. Dragging you expert from the Navigator to the Forex Chart

Do you still have questions about this open source forex robot?

  • what broker and type of account is better to choose 
  • payment method, if there are restrictions for your location
  • help with installation on your computer or VPS
  • account management service
contact3

Completed trades

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