EW Turnaround Tuesday

  • Experts
  • Edgellence
    Edgellence
    3 (2)
    Hello, my name is Jan-Bart Bergers. I am the lead developer at Edgellence and recently took on the role of fund manager at Demtah Capital. My professional journey began as a software engineer at the Euronext Derivatives Market in Amsterdam. With over a decade of experience in coding automated
  • Version: 1.5
  • Updated: 26 February 2025

>>>>>  Enjoy a complimentary EA as part of our EW product selection promotion! <<<<<

This EA implements the Turnaround Tuesday strategy, a proven approach that capitalizes on the market's tendency to reverse direction on Tuesdays. Built within the Edgellence framework, it includes:

  • Automatic lot sizing
  • Money and risk management features
  • Break even and trailing stops
  • Daily- and total return tracking
  • Integration with ForexFactory
  • Multilanguage support

This strategy is ideal for trading stocks and indices.

Short Explanation of This Strategy

The Turnaround Tuesday strategy is based on the historical observation that markets often reverse direction on Tuesdays after a trend has developed earlier in the week. This EA identifies these reversal opportunities and places trades accordingly.

To improve its accuracy and efficiency, this EA includes:

  • MA filter: Only triggers buy trades when the opening price is below the moving average, anticipating a reversal to the upside.

Settings are customizable, allowing traders to fine-tune filters for optimal results.

Configuration Files

The EA uses a proprietary properties file that you can maintain outside the terminal. However, to give you a head start and support backtesting, default set files are provided. These files are available in the Comments section of this product page and can be loaded directly into your MT5 platform for immediate use.
[Read more]

Support

Purchasers of this EA can schedule a free 15-minute Google Meet session for further explanation and support. This session offers personalized assistance to ensure you get the most out of the product and address any questions or concerns.

I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.

Parameters

Parameter Description
Expert Advisor
_Alias Name or identifier for the Expert Advisor for reporting purposes.
_PropertyFile Specifies the property file to be used to override Expert Advisor inputs.
_FileSubdirectory Subdirectory for associated files.
_ActivationStartDateTime Start date/time for activation.
_ActivationEndDateTime End date/time for activation.
_Debug Enable or disable debug mode.
Trade Management
_MaxBuyTrades Limits the number of buy trades.
_MaxSellTrades Limits the number of sell trades.
_TotalTrades Total number of allowed trades.
_EnableBreakEven Activates a breakeven mechanism.
_BreakEvenPercentageOfPrice Percentage required to trigger breakeven.
_EnableTrailingStop Enable a trailing stop mechanism.
_DailyMaxDrawdownAmount Sets the daily maximum drawdown limit on account level (account protection).
_ShowCloseAllButton Displays a manual close-all button.
Returns
_StartDayTrading Defines the start day for trading or opening account.
_ResetTimeDailyProfitLoss Resets daily profit/loss calculations (HH:mm).
_InitialBalance Initial account balance as a basis for daily return calculations.
Daily System Maintenance Tasks
_TimeMaintenance Specifies a maintenance or update time (HH:mm).
_DumpVariables Controls variable dumping for debugging.
News
_UseLocalForexFactoryFile Indicates use of local Forex Factory files. (If false files are loaded from internet)
_ForexFactoryOffsetHours Offset for Forex Factory news time in hours.
_ClosePositionsOnNews Closes positions during news events.
_MinutesBeforeAfter Buffer time around news events .
Virtual Account Size
_ReferenceAccountSize Virtual account size as basis for position sizing calculations (over leveraging).
[Read more]
_PercentageOfBaseCapital Percentage of the virtual account size to allocate to trading.
Strategy
_CalculatedLotSize Enables automatic lot size calculation.
_FixedLotSize Sets a fixed lot size if applicable.
_RemoveStopLoss Enables or disables stop-loss orders.
_StopLossPercentageOfPrice Percentage or asset price for stop-loss calculation.
_OpeningDay Day of the week for opening positions.
_PositionOpenTime Earliest time to open positions (time in minutes after midnight).
_PositionCloseTime Latest time to close positions (time in minutes after midnight).
_ClosingDay Day of the week for closing positions. (0 = every day).
Filters
_ApplyMAFilter Applies a moving average filter (SMA).
_MAPeriod Period for the moving average filter (follows the chart period)


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No gimmicks. No empty claims. Silent Exit is crafted for traders focused on a single goal: steady performance.  All Major pairs included:  EURUSD,USDCAD,USDJPY,NZDUSD,USDCHF,AUDUSD,GBPUSD Whether you are pushing through a prop trading challenge or handling client funds, this EA maintains discipline — and produces results. SIGNAL Link: https://www.mql5.com/en/signals/2388541 remember this is a 100k darwinex zero account and i didnt deposit 100k its only for showing live results. How the Stra
Gold Bomb
Aleksandr Makarov
3.67 (3)
The advisor is based on my  Author's indicators . No  AI  or any other nonsense. Only a combination of indicators, levels and price action. Does not use dangerous trading methods, works on   XAUUSD M1  and with currency pairs! Always sets   Stop Loss   and   Take Profit . Real signal: https://www.mql5.com/en/signals/2388322 Be sure to contact me after purchase and send me your trading account number to activate the advisor!! Do not use it without me!!! -------------------------------- Installati
My AI Gold
Vitalii Kosov
5 (1)
AI-DRIVEN GOLD TRADING REVOLUTION -------------------------------------------------------------------------------- My AI Gold is not just another automated trading tool—it is the culmination of advanced neural network engineering, proprietary custom architecture, and rigorous real-world optimization. Built from the ground up utilizing cutting-edge repositories and state-of-the-art machine learning frameworks from GitHub, My AI Gold harnesses deep data analysis to decode the complexities of the
Diamond Scalper MT5
Lo Thi Mai Loan
5 (2)
Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal-2: https://www.mql5.com/en/signals/2390825 Live Signal Setfile  (Risk 2% per trade) IMPORTANT - READ BEFORE CHOOSING A MODE: full backtest of all 11 Trading Modes → https://www.mql5.com/en/blogs/post/775822 You've watched Gold rip 1500 points in a straight line and felt your stomach drop - not because you were wrong about the direction, but because you were still staring at your phone, half a second too slow to click. You've set a
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EW Close All – One Click. All Closed. EW Close All is a lightweight, multi-language Expert Advisor that lets you close all trades and cancel all pending orders instantly — with just one button click . Closes all open positions Cancels all pending orders Works on any symbol and timeframe Multi-language interface Clean, fast, and reliable Perfect for quick exits, risk control, or end-of-day cleanups. Stay in control — close everything in seconds with EW Close All .
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