Prometheus EA is created by GPT AI
The strategy is based on the analysis of 10 different modifications of the gold trading strategy.
When receiving a signal, artificial intelligence analyzes the reliability of the signal and compares it with the current market situation.
After that, the signal receives the Open status. The system can have several signals at the same time, including opposite ones.
Therefore, it is important to use a hedge account with your broker. Brokers with 2 digits after the dot are best (but Prometheus EA also works with 1 and 3 digits).
You can check the number of digits in the gold quote in Market Watch or on the price chart.
Magic number – it’s order ID number (must be different from other robots ID trading the same symbol)
Type Trade – ALL/BUY/SELL – you can change the robot’s trading direction yourself, allowing only buying (BUY) or selling (SELL) or both (ALL). This function should only be changed by experienced traders.
Lot type (Fixed or Auto lot size):
– Fixed – always fixed lot size
– Auto lot size/Balance – the lot size changes depending on the balance of your account. The step of change is specified below in the Balance step parameter.
Do not change the Balance Step size even if your account balance is more than 1000 USD. Prometheus EA will calculate the lot size relative to your balance automatically. The Balance Step parameter should remain unchanged. If you want to change the Risk/Profit ratio, change only the Auto Lot Size.
For minimum risk (drawdown) set lot size 0.01
Recommended account balance: 1000 USD (and above)
Minimum account balance: 250 USD
Aggressive Trading mode – a function that generates a larger number of trades compared to the normal trading mode. It is recommended for experienced traders.
Use Trailing Profit – a function to activate trailing profit. This activates the stop trade level pulling when the price overcomes the distance specified in the Trailing Profit Start parameter
Trailing Profit Start – distance in pips
Trailing offset – the value of the stop trade level offset from the current price. When the price continues to move towards the order, the stop trade level is pulled automatically. The profit will be fixed when the price touches the stop trade level
Trading on Friday – you can prohibit trading on Friday, as volatility before the weekend may be atypical, which can lead to high risk.
Max Orders at the same time – the maximum number of orders that Prometheus EA can trade at the same time. It is recommended to set no more than 3. But for some prop brokers this value should be reduced to 1.
The robot is fully optimized for trading. If you need ultra conservative settings with low risk (drawdown) < 5% or you trade with a PROP broker, you can download an additional set file (for balance 10K and above) here
Show Panel – parameter for activating the panel on the chart
Sometimes you can see the robot status on the panel: Pause – when the robot is waiting for trading (at night or on weekends)
In the active mode, you should see the Working status
Make sure you have activated trading on the MT5 panel and in the robot settings
Depending on the market situation and its volatility trades can open from several per day to one per week.
Be patient and relax.
Prometheus EA will bring you stable passive income in the long term while maintaining reasonable risks.
But if you still have questions, you can always contact us:
Prometheus channel: https://t.me/PrometheusEA
Customers channel: https://t.me/robomarket_org
Email: admin@robomarket.org
Author: https://t.me/EvgenyAks (@EvgenyAks)
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