Double Edge EA
Double Edge EA is a fully automated Expert Advisor based on breakout support and resistance levels, also uses price momentum to determine trading directions. It is done by placing pending order buy or sell depend on momentum. This EA does not use martingale or averaging, and is only one trade executed per direction buy or sell. It is also has partial close order for leveled take profit.
This EA is recommended to use on M30 or H1 chart, 5-digit quotes, low spread and low commissions broker.
- Expert Name - EA name and trades comment.
- Magic Number - EA identification number to identify trades.
- Fixed Lot Size - fixed lot size.
- Activate Auto Lot Size - true if you want to activate auto lot size calculation.
- Auto Lot Risk (%) - risk calculation to calculate auto lot size.
- Stop Loss - stop Loss.
- 1st Take Profit - first Take Profit to close trading volume by a half of the current lot size.
- 2st Take Profit - second Take Profit to close trading volume by a half of the current lot size.
- Trailing Start - pip distance to trigger trailing order.
- Slippage - slippage.
- Max Spread Allowed - if spread goes higher than this value, EA won't trade.
- Pending Order Expiration (in hour) - pending order expiration in hours.
- Weekly days - set true if you want to trade on that day.
- StartTime - start time to activate EA.
- StopTime - end time to deactivate EA.
- Volatile or trending currency pairs.
- Low spread.
- Low commissions.
- Account leverage at least 1:200.
- 5-digit quotes.
- 24/7 VPS hosting with low latency.