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  • Reviews (1)
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Double Day EA

Double Day is my own trading strategy. It only works on EUR/USD. While monitoring this pair, I found a certain pattern, and decided to develop an Expert Advisor in order to check the pattern on history. It turned out that the pattern had been working for already two years. I cannot unveil its essence, I can only say that it is a trend trading system that does not use any indicators. The entry point is determined after the closure of a daily candlestick, therefor in order for the EA to work accurately, your terminal must be turned on at 00:00, and it is even better if it is running 24/7.

In order to avoid errors, I have restricted EA operation on other currency pairs. It can only work on EURUSD.


Features

  • The Expert Advisor is based on the Safe rule: it opens two orders at a time, order has a Take Profit equal to its Stop Loss, and the other one has a Take Profit specified in settings.
  • The EA has a Trailing Stop function. If you want to disable the function, set First Trail and/or Trailing Stop greater than Take Profit.


Settings

  • Start Lot - the EA opens two trades at a time of the specified volume.
  • Take Profit - the EA's Take Profit value.
  • Stop Loss - the EA's Stop Loss value.
  • First Trail (Breakeven) - moving an order to breakeven.
  • Trailing -Trailing Stop value.
  • Trailing Step - trailing step.
  • Difference - a risk parameter. The lower the value, the less entry points the EA has with a higher success rate, and vice versa.
  • Draw Objects? - show/hide entry points on the chart.
  • Magic Number - Expert Advisor ID.

The Expert Advisor's default settings are the most optimal ones.

Eleni Anna Branou
4277
2017.02.14 18:53 
 

Nice idea.