SharrowV2
- Experts
- Version: 2.0
- Activations: 5
SharrowV2Trend follows one clearly defined rule instead of stacking filters:
- Long trend: Is price higher or lower than X calendar days ago? (Default 60, adjustable per symbol.)
- Short trend: Same check over Y calendar days (default 7).
- Entry: Only when both trends agree on direction.
- Exit: As soon as the short trend turns against the position, or the trailing ATR target is hit.
- Stop-loss: Deliberately not included. This is a design choice, not an oversight — only use this with full understanding of the resulting risk.
Features:
- Up to 8 symbols simultaneously, each with its own entry threshold and ATR trailing factor
- Choice of trailing target or fixed ATR target (not to be combined)
- Position sizing: fixed lots or percentage of account balance (calculated from the broker's actual margin requirement, not estimated)
- State survives a terminal restart (file-based)
- Optional Telegram integration: alerts on every entry/exit plus a periodic account overview
- Optional emergency stop: closes all positions once a defined drawdown is reached
- Log-only mode (parameter "Scharf" = false): prints decisions to the journal without placing real trades — useful for getting familiar with the logic
Important notice: Trading leveraged instruments carries a significant risk of loss. This EA does not include a stop-loss mechanism. Past or simulated results are not indicative of future performance. Use entirely at your own risk; test in the Strategy Tester and on a demo account first.
