This Expert Advisor is a combination of different Forex strategies.
- Hedging - The use of this strategy is two-fold.
- First, it used to minimized drawdown of losing trades.
- Second, it is used to lock-in profit of winning trades.
- Scale-in - This method is implemented to increase profit of winning direction.
- Averaging - This method is implemented to factor in both winning and losing trades and to make sure if all trades are closed with positive profit.
- Broker: The EA can work with ECN, Non-ECN, and cent account.
- Quotes: The EA works best with 3-digit and 5-digit price quotes.
- Currency Pair: It can work best with USDJPY, EURJPY, or EURUSD.
- Timeframe: Any timeframe will do and there are slight difference on result.
- Leverage: 1:200 is recommended.
The EA is fully optimized. No parameter is needed to run properly.