• Overview
  • Reviews (4)
  • Comments (4)
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IPusdjpy5

The EA is recommended for trading USDJPY M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced features for managing news releases.

Parameters

  • StopAfterNews - a pause after the market news release, in minutes.
  • StopBeforeNews - a pause before the market news release, in minutes.
  • LightNewsEnabke - enable the pause for low-impact news.
  • MediumNewsEnable - enable the pause for medium-impact news.
  • HardNewsEnable - enable the pause for high-impact news.
  • GMT_Offset - your broker's time zone.
  • NewsCurrency - a comma separated list of currencies for which you want to receive news.
  • NewsLines - show time of news releases on a chart as lines.
  • VirtualSLandTP - enable virtual or real stop loss and take profit levels.
  • TakeProfitS - take profit for sell orders.
  • StopLossS - stop loss for sell orders.
  • TakeProfitL - take profit for buy orders.
  • StopLossL - stop loss for buy orders.
  • FixedLot - fixed lot size.
  • AutoMM - risk limit (as a percentage).
  • MaxSpread - maximum spread, above which the trading is suspended.
  • MagicNumber - any unique number that distinguishes this EA.
Reviews 4
THOMAS FREY
439
THOMAS FREY 2020.01.24 12:45 
 

Overall stable trades. You have to have some confidence in the system, because after opening a trade, the price almost always starts to move in the opposite direction. Usually the pullback comes within hours or a few days. I still wonder whether a reverse trade mode could be introduced. The trading frequency is low, but that is more than okay as long they are winning trades.

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GridMartin Conqueror MT5
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THOMAS FREY
439
THOMAS FREY 2020.01.24 12:45 
 

Overall stable trades. You have to have some confidence in the system, because after opening a trade, the price almost always starts to move in the opposite direction. Usually the pullback comes within hours or a few days. I still wonder whether a reverse trade mode could be introduced. The trading frequency is low, but that is more than okay as long they are winning trades.

Jaco Moolman
418
Jaco Moolman 2018.06.22 07:11 
 

User didn't leave any comment to the rating

Marco Stacchiotti
1156
Marco Stacchiotti 2018.06.21 11:27 
 

I suggest everybody, before to buy the EA, to test it with same parameters shown in Overview tab. You will have a bad surprise.

Istvan Pentek
737
Istvan Pentek 2018.02.04 12:55 
 

User didn't leave any comment to the rating

Reply to review
Version 1.13 2021.07.29
Included MFI-filtering for safe trading.
Version 1.12 2021.02.13
Increased stability by including the averaging algorithm.
Version 1.11 2020.09.27
Interface updated.
Version 1.10 2020.06.29
More careful algorithm of trading.
Version 1.9 2020.03.22
Increased frequency of trading.
Version 1.8 2019.11.25
Increased frequency of trading.
Version 1.7 2019.08.31
Increased frequency of trading.
Version 1.6 2018.12.15
Updated hedging-system.
Version 1.5 2018.10.10
Uncreased recovery-factor.
Version 1.4 2018.07.24
Добавлена расширенная функциональность по учету рыночных новостей.
Version 1.3 2018.06.21
The Expert Advisor has passed an improved optimization "All ticks based on real ticks".
Version 1.2 2018.04.03
Updated and improved the algorithms for entering and exiting the market.