Sale of EA: Eth Guru (M15) for Exness on MQL5
We present Eth Guru, an Expert Advisor designed to trade on the M15 timeframe with the default broker Exness. This EA combines a solid strategy with impressive statistics, ideal for traders seeking consistency and profitability. Check out the results and discover how it works.
Highlighted Statistics
Net Profit: $199.54 (+4.67%)
Profit Factor: 1.38
Total Trades: 199
Win Rate: 53.27% (106/199 trades)
Average Profit Trade: $6.26
Average Loss Trade: -$7.53
Max Consecutive Wins: 6 trades ($38.62)
Max Consecutive Losses: 7 trades (-$68.19)
Equity Drawdown: 62.58% (-$146.60)
Bars Tested: 289,157
Entries by Hour (Peak): Hour 15 with 21 entries
Entries by Weekday (Peak): Tuesday with 37 entries
Entries by Month (Peak): April with 36 entries
Eth Guru shows a balance between profits and losses, with a Profit Factor of 1.38 and a focus on maximizing winning trades. Its highest activity is concentrated on Tuesdays and in the month of April, suggesting good adaptation to seasonal and volatility patterns.
Logic of the Parameters
Eth Guru uses a strategy based on technical indicators and risk management. Below, I explain the configurable parameters:
SMMAPeriod1 (32): Period of the Simple Moving Average (SMA). Defines the main trend. A higher value (like 32) aims to capture more stable trends on M15.
ROCPeriod1 (74): Period of the Rate of Change (ROC). Measures the percentage price change to identify momentum moments. A value of 74 ensures the EA detects significant movements without excessive noise.
ExitAfterBars1 (96): Number of bars after which a trade is closed (position 1). This limits exposure and ensures trades don’t last too long.
MoveSL2BECoef1 (0.8): Coefficient to move the Stop Loss to breakeven (position 1). A value of 0.8 indicates the SL adjusts when the price reaches 80% of the target, protecting profits.
ProfitTargetCoef1 (3.2): Coefficient of the profit target (position 1). Multiplies the risk to define the profit goal (3.2 times the risk).
StopLossCoef1 (10.8): Coefficient of the Stop Loss (position 1). Defines the maximum risk (10.8 times the initial movement).
ExitAfterBars2 (82): Similar to ExitAfterBars1, but for position 2.
ProfitTargetCoef2 (6.6): Profit target for position 2 (6.6 times the risk).
StopLossCoef2 (10.6): Stop Loss for position 2 (10.6 times the risk).
smm: Visual separator in the settings.
UseMoneyManagement (TRUE): Activates automatic money management.
mmRiskedMoney (170.0): Amount of money risked per trade ($170). This ensures risk remains controlled based on your account size.
Why Choose Eth Guru?
Eth Guru is optimized to trade on M15 with Exness, taking advantage of quick market movements while keeping risk controlled. Its strategy combines moving averages and ROC to identify trends and momentum, with position management that protects profits and limits losses. Perfect for traders looking for a reliable and tested EA.
Get Eth Guru now on MQL5 and take your trading to the next level.