Power on AUDNZD
- Experts
- Version: 1.0
Currency Strength Analysis:
NZD Strength: NZDCHF, NZDCAD, NZDJPY, NZDUSD, EURNZD, GBPNZD.
This EA is provided free of charge to help users test and verify the strategy behind the Power EAs. For risk control, it is limited to 0.01 lot only, or contact me if you wish to trade with larger lot sizes..
See Power on EURUSD MT5 for a stable, lower-risk approach to the EUR/USD pair for price 30 USD.
To enhance trade management, the EA includes an intelligent DCA (Dollar-Cost Averaging) recovery system that can automatically optimize the average entry price when predefined market conditions are met, while following its built-in risk management logic.
Installation is simple—attach the EA to an EURGBP chart, enable Auto Trading, and use the optimized default settings. The EA will continuously analyze the market, execute trades, and manage positions automatically.
Recommend brokers with an 80% commission rebate here.
Settings:
| Suffix | not set if there are no extended characters in name AUDNZD If the pair name is in the form AUDNZD.x : set Suffix = .x |
| Max Spread | = 25 to 30 (Must be higher than the average spread of the currency pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 1.0 to 3.0 (= 1 mean auto lot size = 1 lots per $1,000,000 balance, or 0.01 lots per $1,000 balance...) |
| Min Distance Next Trade | = 200 (points) |
| MA Period | = 14 |
| MA Method | = SMA |
| Trailing | = 6 (points) |
| Stop Loss | = 0 (points , = 0 means not use) |
| Max Trades | = 20 |
| DCA average window | = 4 |
| What to close once the N-position | = Close Last avg Count |
| Time Start | = 02:00 |
| Time End | = 22:30 |
| Magic Number | = your number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
Time frame: M5 or any timeframe. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and hedging type. Min Balance: $ 300 (0.01 lot).
Note: This EA loads historical data for 13 currency pairs. During backtesting, MT5 may require significant RAM. If your system memory is limited, backtest in 6–12 month increments to avoid unexpected stops. This does not impact live trading, where the EA performs reliably even on low-RAM VPS servers. Download history data and tick data for 13 pairs related AUD and NZD when backtesting. Press Ctrl + U to open the Symbols panel and download data from the Bars and Ticks tabs.
