Trading Strategy of TS Currency Power Scalper EA.

6 April 2020, 05:43
Jian Chen
0
80

TS Currency Power Scalper EA is a multiple currency pair trading EA.

The "Currency Power" is calculated by the standard  indicator values across all major and cross currency pairs:

EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, USDCHF, EURGBP, EURJPY, EURAUD, EURNZD, EURCAD, EURCAD, EURCHF, GBPJPY, GBPAUD, GBPNZD, GBPCAD, GBPCHF ... ... 28 currency pairs in total.

The EA trades based on the swing of the currency powers. When the market volatility is not high, it may have a very high win rate. 

So the EA opens new positions between GMT 16:00 an GMT 4:00 next day. At other time, the EA will close its open positions which have positive profits without analyzing the market conditions. 

The EA has strict risk management:

  • For each currency pair, only one position is allowed. No grid trading or martingale strategy is involved.
  • Every open position has stop loss, which you may set in the EA's input parameter.

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