Wednesday, March 24, 2010

Forex Panther Expert Advisor

Creator says
Bassicaly I took all of my knowledge,mixed it, coded it, optimize it.....
and done that for last year.
This ea is something with the highest win percentage that I seen ever.
It even surprized me.....yes, it trades only few times a month 1-5 trades,
but the win ratio is more than 90%. You will rarely see this ea lose ever.
EA incorporates everything that matters to be sucesfull....
support-resistance, round numbers, momentum, volume, more than houndred
MAs, and combination of two indicators
and dont forget the main component for this ea...PRICE ACTION!
Again, yes, this ea trades a few times a month, but try to use calculator,
and tell me how much money can you made with some 50 trades a year!???
...the answer...a lot if you use proper money managment.



WORKS ONLY ON EURUSD, 5MIN TF
it can be edited for any other pair but this preset is for eurusd.


WORKS ONLY ON EURUSD, 5MIN TF
it can be edited for any other pair but this preset is for eurusd.




FILES:

your MT4\templates\....................p antherquant.tpl
your MT4\experts\....................... PantherEA ver3.0.ex4.
your MT4\experts\indicators\.........EMA Crossover Signal.ex4
................................... ............La guerre.ex4
................................... ............Slope Direction Line.ex4




ps. it is coded for 5nums .brokers...etc 1.45432(im fxpro user)
...and yes, it has no external vasriables cos I dont want people to edit anything in it,
the ea is optimized the best possible way!!!
Long
ENTRY: First We wait for a long signal alert
LAGUERRE: Laguerre line must cross the 0.15 from below and head up
MACD: signal MACD must be above 0
STOP LOSS: below recent LOW

Short
ENTRY: First We wait for a short signal alert
LAGUERRE: Laguerre line must cross the 0.75 from above and head down
MACD: signal MACD must be below 0
STOP LOSS: above recent HIGH


All the criteria must be met at the bar with signal or one after! If everything is not met at the signal bar or one after, leave it alone! It might eventually go the right way, but in

the long term it will give more false trades. Only take trades where at the signal bar or one after all these rules apply! We enter the next bar after the signal.

TP is trailing!

If you are in 4 numbers broker

Simple, by default ea has a tp 900, sl 300, tsl 300.



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