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Price Action Ares

This EA loads Support & Resistance Trend Lines and trade purely based on price action of Trend Reversal strategies. No effect with manual entry. It is possible to use this Expert Advisor as indicator. It also featuring both safe virtual Hedging as recovery method as well MANUAL entry by using control panel.  

  • Auto Strategy: Swing Reversal Patterns with trailing TP & Stop.
  • Manual Strategy: BUY/SELL using Control Panel on chart with trailing TP & Stop.

Operating Procedure

  1. Use 15 Minutes time frame chart for best result.   
  2. Use Multiplier x Min Lot = 3 or lower with minimum of USD100 deposit.
  3. Use Low spread account such as ICMarket.
  4. Minor Low must be lower than Major Low Period. Example is 18 Minor Period, 54 Major Period.
  5. Reference inputs: MAGIC=6668; PeriodsInminorSwing=18; PeriodsInmajorSwing=54; Multiplier=3; TP=600; TPLIMIT=1000; STOPLOST=600; TRAILINGSTOPPOINT=300;
  6. For Manual entry, EA must be turn. 
  7. MAGIC=6668(default): The Magic identifier of the trade that use in the Expert.  
  8. PeriodsInminorSwing=18(default): Period for Minor Swing 
  9. PeriodsInmajorSwing=54(default): Period for Major Swing
  10. Multiplier=3(default): The multiplier multiply minimum lot
  11. TP=600(default): Take Profit in Points.
  12. TPLIMIT=1000(default): Take Profit Limit in Points that uses by Trailing Stop function.
  13. STOPLOST=600(default): Stop Lost in Points. 
  14. TRAILINGSTOPPOINT=300(default): Trailing Stop trigger in Points.

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Version 1.2 2019.08.08
Fixed Manual Button tool tips corresponding to the feature.
Version 1.1 2019.07.29
1. Update safe virtual layered hedging with trending logic as recovery instead of layered BUY/SELL limit.
2. Update XABCD pattern.