The EA is designed for trading USDJPY and EURJPY. All trades always have StopLoss and TakeProfit. Does not use grid trading, martingale and hedging.
The EA does not have to be optimized and adjusted after you have installed it. You just need to fine tune the risk parameter for your broker depending on your trading style.
The EA can be used for trading two pairs on one account. It is even recommended. Maximum number of simultaneously opened orders for both pairs is two. This parameter can be changed.
The EA can trail its open positions moving StopLoss and so protecting its profit. Trailing is disabled by default.
You can set any timeframe on a chart. But the EA uses M1, M5, M15, H1 and H4. We recommend to check if you have quotes for all these parameters before testing.
Minimum deposit starts from $50 for a standard account and $10 for a cent account.
- RiskFactor - risk size used for calculation a lot size;
- TotalOrders - maximum number of orders opened simultaneously on both pairs;
- Slippage - maximum allowed price slippage in points;
- MagicNumber - unique number of the Expert Advisor's orders (any number);
- USDJPY_Long - allow the EA to open buy trades on USDJPY;
- USDJPY_Short - allow the EA to open sell trades on USDJPY;
- USDJPY_SellTrailing - allow to trail short positions on USDJPY;
- USDJPY_SellTrailingStop - profit level in points to enable trailing stop for Sell USDJPY;
- USDJPY_SellTrailingStep - trailing step in points for Sell USDJPY;
- USDJPY_BuyTrailing - allow to trail long positions on USDJPY
- USDJPY_BuyTrailingStop - profit level in points to enable trailing stop for Buy USDJPY;
- USDJPY_BuyTrailingStep - trailing step in points for Buy USDJPY;
- EURJPY_Long - allow the EA to open buy trades on EURJPY;
- EURJPY_Short - allow the EA to open sell trades on EURJPY;
- EURJPY_SellTrailing - allow to trail short positions on EURJPY
- EURJPY_SellTrailingStop - profit level in points to enable trailing stop for Sell EURJPY;
- EURJPY_SellTrailingStep - trailing step in points for Sell EURJPY;
- EURJPY_BuyTrailing - allow to trail long positions on EURJPY
- EURJPY_BuyTrailingStop - profit level in points to enable trailing stop for Buy EURJPY;
- EURJPY_BuyTrailingStep - trailing step in points for Buy EURJPY;
For any questions don't hesitate to contact me by private message. I will necessarily answer you.
Added the new parameters.
Symbol_USDJPY - symbol USDJPY in your terminal;
Symbol_EURJPY - symbol EURJPY in your terminal;
USDJPY_Sell_TP - profit for short positions in points;
USDJPY_Sell_SL - allowed loss for short positions in points;
USDJPY_Buy_TP - profit for long positions in points;
USDJPY_Buy_SL - allowed loss for long positions in points.