EA Gideon

The EA Gideon is an Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur regularly! That is the EA opens Sell Stop and Buy Stop pending orders in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a “successful” news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters.

Three strategies are built into the EA: 1) maximum, 2) normal, 3) minimum.

Each strategy can be configured individually.

Use of this EA eliminates the necessity to stay near your PC during news releases. Placing orders, opening, maintenance, closing or deleting orders — EA Gideon will do it for you.

• This is not an autonomous expert, t is a complement to your experts.
• The EA is optimized for the EURUSD M30. But you can configure it for any currency and timeframe.
• It is recommended to choose ECN brokers and accounts with minimum spread.
• VPS is required.

Monitoring

https://www.mql5.com/en/signals/author/profi_mql

Parameters

• Show_Info_Panel — Information panel. (at the value false – Speeds up the testing in the strategy tester).
• Magic — Trades identifier.
• EA Comment — order comment.
• Slippage — Allowed slippage before an order triggers.
• Max_Spread — Maximum Spread allowed before pending order is triggered.
• Order Type — Selection of the trade direction.
• visibility_Order_Stop_correction_coefficient — The coefficient of the distance from the current price to the virtual order.
• Delete_Order_Stop_correction_coefficient — The coefficient for deleting the pending order.

• Use news strategy N1 — If true, the first strategy is used.
• Use news strategy N2 — If true, the second strategy is used.
• Use news strategy N3 — If true, the third strategy is used.

Three separate parameter blocks for each strategy:

• Fixed_Lot — Fixed lot ( if “Use_Risk_MM” = false ).
• Use Risk MM — If this is true, the lot size will increase when account balance grows (Risk Management).
• Percentage Risk — Lot size increase based on the balance value (Risk Management in %).
• Step_Orders — The step of the distance from the virtual order to the current price.
• Step_Factor — Factor, if the price moves away from the virtual order.
• Step_Factor_revers — Reverse, if the price moves towards the virtual order.
• Take Profit — Take Profit in points.
• Stop Loss — stop loss in points.
• Use_Break_Even — If this is true Stop loss price will be moved to breakeven when price is above target points.
• Breakeven Target PipsInp — If the price exceeds the value, breakeven triggers.
• Breakeven Jump PipsInp — stop loss is moved to breakeven using this value.
• Use_Trailing — If this is true, profit will be protected with trailing stop.
• Trailing Stop — Trailing points when the position is in profit.
• Trailing Step — Trailing step when the position is in profit.

Trading by time within the day:

• Use time — If true trading will be performed by time.
• Time_Setting — Server time or computer time.
• GMT_mode = GMT offset of the broker server time; ( 0 – not used ).
• Every_Day_Start — Operation start time (hh:mm).
• Every_Day_End — Operation end time (hh:mm).

Operation end time on Friday:

• Use time — If true trading will be performed by time.
• Time_Setting — Server time or computer time.
• GMT_mode = GMT offset of the broker server time; ( 0 – not used ).
• Disable_in_Friday — Operation end time on Friday (hh:mm).