The strategy of this Expert Advisor is based on working during increased price volatility. The algorithm of the EA determines the most probable direction of the price and opens a deal in the trend direction.
Bollinger Bands channels help the EA avoid opening deals at the end of the trend movement.
The EA does not use dangerous strategies based on averaging, hedging and martingale.
Each deal is individual, has a tight stop loss and take profit. Trailing stop is available.
The EA is recommended for simultaneous use on the major currency pairs:
EURUSD M5, GBPUSD M5, EURGBP M5, EURJPY M5, USDCAD M5, USDJPY M5.
- Take Profit - take profit.
- Stop Loss - stop loss.
- Comment to order - comment to orders.
- MaxRisk - the maximum risk level.
- if MaxRisk = 0, Lot will be - lot size if MaxRisk=0.
- Start Trailing Stop - profit in points to activate trailing stop.
- First Trailing Level - distance in points to set the first stop loss of trailing stop.
- Step Trailing Stop - trailing stop step.
- Bands-Period - period of the Bollinger Bands indicator.
- Bands-Deviation - deviation of the Bollinger Bands indicator.
- Max Slippage - maximum allowed slippage.
- Max Spread - maximum allowable spread.
- Magic Number - magic number for the EA's orders.