Yen Trader trades JPY Crosses (XXXJPY) where XXX is one of the major currencies (except USD which will be used as a reference currency).
Based on the selected direction (R:Right or L:Left), the EA will detect Divergence or Convergence between a major pair and USDJPY, and trade the Yen Cross Pair based on that.
Divergence/Convergence is detected using:
Stop Loss, Take Profit, Profit Lock, Trailing Stop can be based on Pips or ATR multiples.
The EA can be used for scalping as well as swing trading.
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.
Expert Advisor to trade Yen Crosses based on Major Pairs and USDJPY divergence/convergence.