"Standard Deviation Channel Lines" EA draws Standard Deviation Channel Lines on chart and trades with its trend,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ.
USEMOVETOBREAKEVEN system functions like a stop loss
But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.
If you have reached a certain value of pips with the direction of the trade -
So how many pips would you like to move the stop loss above the price line of the open trade-
This EA trades only with the price of open candle!
Trade volume of a position depends on previous trading results.
It provides the possibility to limit the maximum risk (in % of deposit) of the trade.
If you want to trade with constant lotsize say:0.01 lot ,you need to set "MaximumRisk =0" and "DecreaseFactor=0"
Or else you will have a calculation of Percent (%) of deposit and MaximumRisk.
I combined together a simple EA with two moving averages and Standard Deviation Channel Lines,
The Trend Line do not work on test mode,
The optimization tests can be performed only with moving averages,
In live trading only, Standard Deviation Channel Lines and moving averages will work together,
During tests, the EA only draws the Standard Deviation Channel Lines on the screen in visual mode without considering it in the creation of trades,
You need to perform back test with "open prices only" option,
The Standard Deviation Channel Lines will function as a filter .
In this situation the probability of winning trades increases.
How to perform back test:https://bit.ly/2CD7XWD
Separate window! Uses daily open price and current price (close price for closed candles) to compute % change for the day.Gann Line
"Gann Line" EA draws Gann Line on chart and trades with its trend,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ.