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UsdJpy Trend

USDJPY Trend is a trend-following Expert Advisor.

The EA uses ADX (Average Directional Index) signals.

When a buy or sell signal appears, the EA opens a grid of orders in the direction of a trend.

(See the details in the comments)


Recommendations

  • Symbol: USDJPY
  • Timeframe: M30
  • Recommended leverage: 1:100 and higher
  • Minimum deposit: $100
  • Before using on a real account, check it in the strategy tester and optimize the parameters for your broker
  • Set the necessary risk <=0.3 (0.03) (depends on your broker)
  • Minimal volume change step for deal execution 0.01


Settings and inputs

Risk:

  • Risk - risk (<0.5 - low, >0.5 - high);

Grid parameters:

  • FirstStep - first step from the current price;
  • The number of orders in the grid - number of orders in the grid;
  • Distance (in points) between the orders - distance between orders (in points);
  • K_Lot (multiplication of the Lot) - lot multiplication;
  • Timeout after the closure orders - timeout after orders are closed;
  • Slippage - slippage;

Take profit and stop loss:

  • StopLoss (0-It don't establish SL) - stop loss (in points);
  • TakeProfit (0-It don't establish TP) - take profit (in points);

Filters:

Trading time for each day:

  • to start - trading start;
  • finish - trading stop;

Volatility:

  • number of last bars - number of the last bars for calculation;
  • MinWave - minimum volatility;
  • MaxWave - maximum volatility;

Trend power according to ADX:

  • Period ADX - indicator period;
  • Min - minimum trend power;
  • Max - maximum trend power;

Global trend direction according to RSI:

  • Timeframe for the global trend - timeframe where the global trend is defined;
  • Period RSI for the global trend - RSI period;
  • Min value for Buy - minimum RSI value for buys;
  • Max value for Buy - maximum RSI value for buys;
  • Min value for Sell - minimum RSI value for sells;
  • Max value for Sell - maximum RSI value for sells;

Distance to the extreme value:

  • Timeframe - timeframe where the extreme value is defined;
  • Distance to the extremum (if less then don't trade!); 0-filtr OFF - distance to an extreme value (if the distance is less than the value, the EA does not trade; 0 - filter disabled);
  • Search for an extremum on the last bars - number of the last bars to search for an extreme value;

Alerts:

  • Push - send a notification to a mobile device before entering the market.
Mike Harrington
136
2017.06.21 01:38 
 

For a few weeks have been trading this on 5 pairs, USDJPY m-30, AUDJPY m-30, EURJPY m-30, NXDJPY H-1, and USDCHF H-1. Good results on back tests and also on live trading. The only parameters I optimized with were; First Step, Number of orders in the Grid, Distance between orders, and Take Profit. Time frames used also came through optimization. Very good.

mayamak
1342
2017.01.04 11:13 
 

live account reaults covers backtests. Very good EA. My set file and live account results are on comment tab: https://www.mql5.com/en/market/product/18933#!tab=comments&page=2&comment=3884415

Version 2.2 - 2017.03.02
+ Improved the algorithm for determining the best market entry point
Version 2.1 - 2016.11.18
+ Moved the additional filters to settings and input parameters