Pacific Trade
- Experts
- Version: 1.4
Pacific Trade is a rule-based Expert Advisor for MetaTrader 5, built for GBPJPY on the M30 timeframe.
How it works
The EA evaluates closed bars only and opens one position at a time.
- Entry: the DeMarker indicator must cross its level (above 0.54 for buys, below 0.46 for sells).
- Exit: a fixed Stop Loss and Take Profit, plus an early exit when the fast and slow moving averages cross against the position or price opens outside the Bollinger Bands.
Default settings
- Symbol / timeframe: GBPJPY, M30
- Entry lots: 0.20 (fixed)
- Stop Loss: 56 pips, Take Profit: 175 pips
- Magic Number: 70006154
Inputs
Entry_Amount, Stop_Loss, Take_Profit, Ind0Param0-1 (DeMarker period, level), Ind1Param0-1 (fast and slow MA periods), Ind2Param0-1 (Bollinger period, deviation), Magic_Number.
What it does not do
No martingale, no grid, no averaging, no hedging, no news filter, no DLL.
Before you use it
Download full GBPJPY history and test the EA in the Strategy Tester with real ticks and your broker's spread, then on a demo account. GBPJPY is volatile and its swap and spread vary a lot between brokers.
Risk notice
Trading Forex involves risk of loss. Strategy Tester results are simulations and do not represent live trading or future performance.
