PS GoldenEye EA MT5

Description

https://www.mql5.com/en/market/product/96236?source=Site+Market+MT5+Search+Rating006%3aps+goldeneye#description
The main focus in the development of this EA was safety by eliminating the risk of a large drawdown that is generally associated with most grid systems in the market. The end result is a much better performance than any similar system.
Unlike other systems and products for sale on the Market this one is not over-optimised and does not show 100% winning trades with no risk and almost no drawdown. That simply does not exist. If you compare the backtests with the live signals of those products you will understand what I am talking about. The behaviour of this EA is 100% real. Profits are symmetric to risk, so there can be no risk-free profits. It is easy to understand.

This system does not use martingale and among its options is a system that closes all trades when a certain level of DD is reached.

The EA works with gold (XAUUSD, GOLD, etc.) and all sets are integrated into the EA and it is not necessary for the author to share any *.set files with you.

It is not necessary to use a specific TF (Timeframe) for the EA to work correctly in the strategy tester or in real trading. The TF’s of the different strategies are integrated in the EA.

Inputs
Pause EA: When ‘OFF’ the EA runs without interruption. If ‘ON’ the EA will not open new trades or monitor the DD/TP. (Please take this into consideration).
Method Volume [Lots]: You must select the mode in which the lots will be calculated.
Fixed Volume: Set the fixed lots in the option ‘Fixed Volume’ and ‘Min. Vol. per ‘X’ Balance’ or ‘Min. Vol. per ‘X’ Equity’.
Min. Vol. per ‘X’ Balance/Equity: Fixed lots multiplier according to Balance/Equity.
Pct. of Balance/Equity: The way in which the lots are chosen is very simple. ((Balance or Equity * Leverage * 0.01) * Percentage selected)
DD Max. Mode: Here you can select various behaviours after reaching a certain DD.
DD Max. Value: Determine how much percentage reduction must be reached for any of the above behaviours to take effect.
MQID© Push Notif. [DD/TP/SL]: Sends an automatic notification after reaching DD/TP/SL via the MetaTrader 5 mobile application.
Panel [OFF=Fast Backtesting]: Displays a computer panel in the chart window. Turn it off in the strategy tester for faster backtesting.
Panel Font: Select the font type.
Panel Font Size: Font size of the panel.
Magic Number: Number assigned to trades opened by the EA to differentiate them from manual (discretionary) trading.
Spread Max. [Points]
Slippage Max. [Points]
Panel Comment [Max. 30 chars]: Customised panel comment.
Simulate Withdrawals: ON/OFF simulated profit withdrawals in the strategy tester.
Simulate Withdrawals Value: Monetary amount to be withdrawn in the strategy tester after being reached.
Minimum requirements and recommendations
Broker: Any broker with a low spread, although it is not really important for the EA to work properly. (Test in the strategy tester. There is often a lot of difference between brokers due to spread, swaps…)
Minimum initial deposit: This is not easy to answer, as it depends on leverage and lots. Do your own tests in the strategy tester.
Recommended initial deposit: $1000 in accounts with 500:1 leverage.
Leverage: 500:1
Account type: Hedging.
Use a VPS for the EA to work 24/5 (Mandatory). The TP and closing of trades after reaching a certain DD is fully managed by the EA and is not sent to the broker!
Strategy Tester
Use ‘Every tick based on real ticks’ (>99% quality).