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Droidjojo Forex Strategy EURUSD

Please Note:

  1. This EA is limited to EURUSD pairs and has been optimized on EURUSD. But, there is a USDJPY version too, when you were also looking for it and I also have USDJPY and EURUSD version in one EA with 25% discount.
  2. This only trades on daily chart window, please attach it on EURUSD Daily (D1) chart window.

Droidjojo Forex Strategy Expert Advisor uses Droidjojo Forex Indicator and combine with hedge trading strategy hence this is a swing trading + hedge trading strategy.

If you haven't familiar with Droidjojo Forex Indicator, I suggest you downloading it first from MQL4 market (keyword: Droidjojo Forex Indicator) and watch how it detects strong trend, trend reversal and ranging/choppy market.

The strategy inside the EA is quite simple, when it detects long trend (green bars) it opens buy limit and when short trend (red bars), it opens sell limit order. But when it detects ranging / choppy market, it opens reverse position, for example when the orange bar has positive value it opens sell limit order but when the orange bar has negative value it opens buy limit order.

Why we still need combining it with hedge strategy? the reason is for example when market was in long trend and buy order was still in floating negative position, suddenly price reversed. In this situation, it open both buy stop and sell stop. Wait until the price hit one of the pending order. If it hit sell stop then we did hedge long with short position. We then wait for the market direction, when it was under our open price and it detects long trend, it will close the short position (the hedge position), we got profit from this, then the price will rise so that we can close the long position and we also got profit from this.


The following is the parameters of EA

  • Lots : 0.1 -> 0.1 is default lot, you can change this to micro lot 0.01 if you have a micro account or other value as you like.
  • MM : true -> MM is money management, the default value is "true", hence the above lots value will not be used or not affected. So, you must change this to "false" if you want to use your own lots value.
  • Risk : 5 -> the default value is 5 %. This will be used when MM is set to true. Please read the description below of how it calculate the lots value from the risk.
  • MagicNumber : 1234 -> this is the default value of magic number. Please change this to other value, if you were running other EA with the same magic number.


How it calculate lots value from the risk

This is the math formula of how to get lots value from the risk,

Lots = MathFloor((AccountFreeMargin()*AccountLeverage()*Risk*Point*100)/(Ask*MarketInfo(Symbol(),MODE_LOTSIZE)*MarketInfo(Symbol(),MODE_MINLOT)))
*MarketInfo(Symbol(),MODE_MINLOT);

But if Lots value is lower than the default minimum lots, then the lots value will be the minimum lots.

if(Lots < MarketInfo(Symbol(),MODE_MINLOT)) Lots = MarketInfo(Symbol(),MODE_MINLOT);


My recommendation

Please use money management or set MM value to true and keep the risk not more than 10%. Don't be greedy, this is not an aggressive scalping EA but this is a long term swing trading combine with hedging strategy, hence the minimum free margin for 0.1 lot is $5000 or if you only have less than $1000 please use micro lot 0.01 lot.

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- Супер акция: 10 копий по цене $199!!! (осталось 3 копии) - Следующая цена: $249 Очень важно!!!!! Для тестирования и работы советника обязательно загрузите файл с настройками для соответствующей валютной пары и установите самый первый параметр - время вашего брокера от GMT!!! NightTradeEA - полностью автоматический торговый советник. Основная стратегия советника - ночной скальпинг в период перехода от американской к азиатской сессии. Советник был успешно опробован на реальных торговых счетах на
199 USD
EA Smoke
EA Smoke
Vitali Vasilenka
Anger conquers fear p.s Thomas Shelby  LAST 4 OUT OF 10 COPIES AT $149 Next price will be $449. link to settings https://www.mql5.com/en/market/product/61022#!tab=comments&page=20&comment=23594680   Recommended pairs for trading Working pairs USDCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD      Timeframe M5 The Expert Advisor is based on the second indicator of trend determination with modification of control of transactions The EA independently determines the dire
149 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. The EA draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the rever
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NightVision EA
NightVision EA
Alexander Kalinkin
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC Marke
449 USD
EA Machine
EA Machine
Yury Zaikouski
My Name is Yuri - I'm a Trader! For many years I have been buying a lot of trading EAs. But all of them were not suitable for my trading style For more than a year I've been developing my own trading system My robot with all my skills and many years of trading on the market is ready!   Forget about beautiful backtests: EA Machine is already ahead of the curve! The truth is this. The biggest problem with most automated trading systems is that they all show beautiful backtests, but few ac
149 USD
TakePropips Golden Expert
TakePropips Golden Expert
Eric John Pajarillaga Aldana
TakePropips Golden Expert   is a trading robot specifically developed for trading Gold (XAUUSD).  This EA automatically detects high probability trade setups using advance trend algorithm! It is based on price action and a combination of key technical indicators to determine future price movements. The EA was optimized using a 1:1 risk/reward ratio so this EA will have the same size for take profit and stop loss! Main Features: All Orders Are Protected By Stop Loss Avoids unnecessary huge loss
150 USD
LittleCrazy MT4
LittleCrazy MT4
PAVEL UDOVICHENKO
LittleCrazy MT4 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay MT5 LittleeCrazy MT4 PROFITABILITY AND RISK The expected estimated profitability according to the backtest data is about 200% - 400% per year. The expected   max
249 USD
GerFX Density Scalper
GerFX Density Scalper
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
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Droidjojo Forex Indicator
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Andy Budiman
Droidjojo Forex Indicator is able to detect strong trend (long or short), trend reversal and ranging/choppy market. This indicator is equipped with secret formula which is suitable to all period ( from M1 to Monthly chart window ). Every period has its own preset and has been tested to all forex symbol/pairs. Hence you may use Droidjojo Forex Indicator for scalping method on M1 to M15 chart window, or you may use this for daily forex trading using H1 to H4 chart window or even for swing trading
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Droidjojo Forex Strategy USDJPY
Droidjojo Forex Strategy USDJPY
Andy Budiman
Please Note: This EA is limited to USDJPY pairs and has been optimized on USDJPY. But, there is a EURUSD version too, when you were also looking for it and I also have USDJPY and EURUSD version in one EA with 25% discount. This only trades on daily chart window, please attach it on USDJPY Daily (D1) chart window. Droidjojo Forex Strategy Expert Advisor uses Droidjojo Forex Indicator and combine with hedge trading strategy hence this is a swing trading + hedge trading strategy. If you haven't fa
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Droidjojo Forex Strategy
Droidjojo Forex Strategy
Andy Budiman
Please Note This is a EURUSD and USDJPY version in one EA, hence it has been optimized on EURUSD and USDJPY, but there is also a USDJPY version only and EURUSD version only if you were just looking for it, please see my other products. This only trades on daily chart window, please attach it on EURUSD Daily (D1) chart window or USDJPY Daily chart window. Droidjojo Forex Strategy Expert Advisor uses Droidjojo Forex Indicator and combine with hedge trading strategy hence this is a swing trading +
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