Trading Robots for MetaTrader 4
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MetaTrader 4
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Overview
Horus EA for MT4
Thousands of years ago, the ancient Egyptians invented a counting system that they used to measure their lands and weighing their commodities. This system was known as the "Eye of Horus".
The Eye of Horus was associated with the myth of the god Osiris and became one of the sacred symbols of the pharaohs.
I used the mathematical equations in the Eye of Horus with the Fibonacci sequence to build a negative progression money management system that is 89% safer than the famous "Martingale System".
The technical part of the EA depends on the Moving Average Cloud (MAC) & the Stochastic Oscillator.
How does the MAC Stochastic Technical analysis system work?
1- If Moving Average Cloud (MAC) is bullish then, the EA takes its buying orders when the stochastic oscillator crosses its oversold level from below.
2- If Moving Average Cloud (MAC) is bearish then, the EA takes its selling orders when the stochastic oscillator crosses its overbought level from above.
EA Important Features
1- One trade per set.
2- A clear stop-loss & take-profit.
3- Automatic magic number.
4- Work on any MT4 pair or time-frame (EURUSD – Gold – Oil – Bitcoin…etc.).
5- Simple setup system with powerful functionality.
1- One trade per set.
2- A clear stop-loss & take-profit.
3- Automatic magic number.
4- Work on any MT4 pair or time-frame (EURUSD – Gold – Oil – Bitcoin…etc.).
5- Simple setup system with powerful functionality.
To know more about the MAC Stochastic System please read this comment>>> HERE
All Bermaui Products and signals >>> HERE
Recommendations
- Deposit 2000$ for each 0.01 lot with leverage of 1:400 or higher.
- Default settings work for major currency pairs like EURUSD - GBPUSD...etc.
- Add it to a VPS for 24/7 monitoring.
Attention Please
Make sure that your broker does not hide the history of your account because the EA uses the account history in its algorithm.
Important Horus EA Parameters
- Check History [=TRUE]. Default is false.
- First Lot Size. Default is 0.01.
Note. Make sure that this parameter value is not less than the minimum lot size allowed by your broker. As an example, the minimum allowed to trade gold by some brokers is 1 lot while some others use 0.1 lot.
- First Take Profit. The default is 100 points.
- First Stop Loss. The default is 200 points.
Notes. The default TP & SL will work fine for major currency pairs (like EURUSD - GBPUSD...etc.). If you will trade other symbols then, make sure that the TP & SL values are equal to or bigger than the stop value allowed by your broker.
Remember to risk what you afford to lose.
I hope you can find the “Horus EA” profitable for you.
Enjoy the game.
Muhammad Al Bermaui, CMT
