Patient Ancient 4 MT4

I dont have the emotional stability or the patience required to manually trade, so i decided to create a robot that keeps my hands off from major failure. I know these screenshots ain't flashy but the Live Signal speaks for itself. Lets proceed with what you want to know.

This robot measures the act of price along with the combination of indicators to decide wether to execute a trade, there are a few factors u can play with, a small change can make a huge difference.

Backtests results may vary due the quality of the history.

Recommended starting balance: $500+ but if you like risk you can do 100 or above. The default set files have a high risk of 0.01 lot per 100 equity. What better way to show reliability with a lot of risk on a signal that ain't yours?

Reverse sells are enabled in the set files, but i would adjust that so it doesnt do any sell trades based on sell conditions, because in this current state of economy gold favours the buyers, and so you are more likely to profit of buy signals

Set Files  [search the first comment]--------------------------------------------------------------------

Other Products

Automatic Transmission
XAU Breakout (coming soon)

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[Screenshot] Backtest starting balance: €1000 - 2020-2025 August.

Timeframes: D, H4 [and anything below]. Timeframes below H4 could be unreliable unless you find settings that work for you then it could be promising. I recommend backtesting before doing anything. Set the timeframe of the chart inline with the main timeframe parameter. (more info below)

Weekly timeframe is not possible to backtest, so you will have to do it on a demo if you got enough time left.

I recommend using a VPS that is stable, or if you are very condifent about your network then you can use a low wattage laptop with disabled updates or windows server and run that 24/7..... just some ideas. ever heard of raspberry pi? yeah you can do that too.

Default Settings is the H4 set file and work great for todays economy but the default lot size is different. i would still simpply load one of the sets and adjust accordingly. As you can see performance of the previous years is a lot of going up and down and going nowhere till gold the gold demand of today got the upperhand.

I have no future guarantee of succes so try to make as much as you can, see this as an investment and not a lifetime supply.

For gold the buys are quite succesful, sells are harder to pull of because of pullbacks wich are again short term buys, i will explain more in the parameters. With this robot you will see buys all the time, if you want to find a way to squeeze more money out of a bearish movement then be my guest. you can even load the ea twice 1 for long only and 1 for short only using your own custom settings, especially if you run shorts on a different timeframe.

Parameters.

Fixed lot size (or equity amount for AutoLot) : Fixed lot size, currently it will say 100 because autolot is on. when you turn off autolot this will become the lot size. If you dont understand read the next line.

Auto lot calculation : [yes] or [no]. When it is set to yes then fixed lot size becomes equity per 0.01 lot size. so lets say i got a 1000 dollars and i fill in 100, then lot size will be 0.10. when setting this to no then fixed lot size becomes the normal lot size.

Pips required for buy signal : It will measure the open and close time of the candle of the current timeframe. lets say it is a 1000 pips, if open and close time difference is 1000 pips or higher in a bullish movement then it has permission to execute a buy, buys could still be limited to other factors that you will see below.

Upward pips maximum (0 = disabled) : lets say you want to put a cap on the pips required for the buy signal you put the amount of pips in here and it will not execute a trade if pips come above that value. also putting this value below the buy signal value will disable all buy trades because it will block itself. this can be usefull if you want to temporary disable buys.

Pips required for sell signal : same this as the buy signal pips but then in a bearish motion, set the amount of pips for a sell to be triggered. the less pips the higher the trading frequency wich could be dangerous.

Downward pips maximum (0 = disabled) : the cap for the sell signal pips for a bearish movement, also cancelling if below pip requirement, wich is the case on the default settings.

Buy take profit in pips (0 = no TP) : take profit for the buys, 0 will disable it.

Buy stop loss in pips (0 = no SL) : stop loss for the buys, 0 will disable it.

Buy trailing stop in pips (0 = disabled) : trailing stop for the buys, 0 will disable it.

Sell take profit in pips (0 = no TP) : take profit for the sell, 0 will disable it. will become a buy tp for the reverse sells if reverse is turned on.

Sell stop loss in pips (0 = no SL) : stop loss for the sell, 0 will disable it. will become a buy stop loss is sell reverse is turned on.

Sell trailing stop in pips (0 = disabled) : trailing stop for the sell, 0 will disable it. will become a buy trailing stop if reverse sell is turned on.

Use trend indicator :  [yes] or [no]. yes will enable this indicator, no will disable it. this trend determination can determin wether to buy or to sell buy measing amount of candles in a positve direction or negative direction depending on the settings.

Trend timeframe : you can choose all timeframes to measure a trend using the direction of price. you can change the timeframe while still being within a bigger timeframe or a smaller one.

Trend candlesticks : fill in a number to count the amount of candles to make a decision, a higher number makes reaction speed to actual trends slower unless its on a smaller timeframe.

Limit trade : [yes] or [no]. yes will limit to 1 active trade at a time. no will allow unlimited amount of open trades, so for example should 2 candles back to back meet conditions to execute a trade then it will do so.

Enable sell condition : [yes] or [no]. because sell trends are more unpredictable i wanted to verify it, so putting this setting on yes will make it measue 4 4hour candles to determin if it is really a downtrend, i dont recommend this setting but if you want to try go ahead.. no means it is disabled.

Reverse sell : [yes] or [no]. When sell conditions are met then the sell will turn into a buy instead. this buy will use the sell tp, sl and trailing stop as a second buy tp,sl and trailing stop. so adjusting the sell setting will directly affect the 2nd buy settings but not the first. so when there is a downtrend you can still buy when a certain price condition has been met.

Main timeframe : the main timeframe of the EA, this will change wich timeframe it will measure the candle, also change the timeframe of the chart when you change this.

EMA Limit : Will decide the direction it is allowed to trade base on EMA'S. this ema will be measured using the main timeframe, so changing that will change this too, see for yourself if this works. i do recommend it.

Trailing stop check interval (seconds) : this will make the trailing stop wait for 30 second to prevent modifying too much. brokers dont like their servers to be loaded with tasks.

Minimum pips movement for trailing update :  Pip step for the trailing stops, i decided not to seperate them because this function is pure for slowing down trailing stop modification.

For questions message me,

That will be all.