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Monkey Divergence

This EA looks for divergences between Price and Stochastic values. Signals are created when Moving Average and ADX confirm the direction.

Default settings are ready to be traded on EUR/USD H4.


Setting description:

Setting
Description
 Risk
  • Only applies if Automatic Money Management is used;
  • Describes the percentage of free margin allowed for a trade;
  • Leverage and Balance affect your initial lot;
  • Please Note, settings like 0.1 are allowed too.
 Multiplicator
  • If previous trade closed in negative, lot for next trade will be multplied by the chosen value;
  • Set to 1 to disable;
  • maxLot will constrain the traded volume.
 SL/TP
  • Set to 0 for no SL/TP.


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