Black Box EURUSD morning MT5

This algorithm uses statistically justified comparison of numerical constant values and output values of Williams R, CCI and Stochastic indicators in order to take decision whether it is necessary to open position.

Prior to give birth to a new EA, this logic was created as a result of usage of stochastic methods and then tested on historical data and checked with Monte Carlo method which does not guarantee any results in the future, of course.

The bot is designed to trade during morning hours on EURUSD using 15 minute timeframe.

Despite the fact that this condition is not obligatory, trading logic assumes that no positions should remain open during publications of significant economic news like Non-farm Payrolls.

From machine learning point of view, the EA should be optimized every 52 days using 207 day interval.

Default settings presume that servers of chosen broker work in widely spread EET time zone (10 AM - 3 PM by default). If it is necessary to set up trading in UTC time zone, the user should deduct 3 (in Winter time) or 2 from the default time settings.

It is not recommended to change the trading range and the instrument itself due to the fact that the logic of the algorithm was created for specific behaviours of currency pairs during specific time periods.

Default trading volume is set to 0.05 standard EURUSD lots (EUR 5000 on a typical non-cent account). In order to trade this volume comfortably, your deposit should not be less than EUR 200 given that you use effective leverage equal to 1:25.


Parameters

  • magic - "magic" number, identifier of the EA for marking your orders
  • start_hour - time, at which the EA commences trading
  • stop_hour - time, at which the EA ends trading, closes all orders and positions
  • friday_close - trigger that determines the individual end time of trading on Fridays
  • friday_close_hour - time, in which the EA ends trading on Fridays
  • lot - volume of open positions
  • stoch_k_1 - period %K of the first Stochastic indicator
  • stoch_d_1 - period %D of the first Stochastic indicator
  • stoch_slowing_1 - slowing parameter of the first Stochastic indicator
  • stoch_k_2 - period %K of the second Stochastic indicator
  • stoch_d_2 - period %D of the second Stochastic indicator
  • stoch_slowing_2 - slowing parameter of the second Stochastic indicator
  • stoch_k_3 - period %K of the third Stochastic indicator
  • stoch_d_3 - period %D of the third Stochastic indicator
  • stoch_slowing_3 - slowing parameter of the third Stochastic indicator
  • wpr_period - value that controls the Williams %R indicator
  • CCI_period - value that controls the CCI indicator
  • stoch_control_1 - value that controls Stochastic indicators
  • stoch_control_2 - value that controls Stochastic indicators


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Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.44 (18)
UPDATE - FEW COPIES LEFT AT CURRENT PRICE! Not For Traders Who Want To Flip An Account In One Month No Martingale / No Grid / No AI Professional Breakout System For XAUUSD, USDJPY, BTCUSD, US30, and DE40 Live Results:  Live Signal  |  Main Portfolio  |  FTMO Results  |  Public Community Prop Firm Ready! The Range Breakout EA Range Breakout EA is based on a well-known market behaviour: changes in volatility between trading sessions. Volatility is usually low during the Asian session, creating a
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This algorithm uses statistically justified comparison of historical prices and output values of the CCI and ATR indicators to decide whether it is necessary to open position. This logic has been created as a result of the use of stochastic methods, it has been tested on history data and verified by the Monte Carlo method, which, of course, does not guarantee future results. The EA is designed to trade EURUSD M15 during morning hours. Despite the fact that this condition is not mandatory, the tr
This algorithm uses statistically justified comparison of historical prices, moving average and output values of Williams R and Stochastic indicators in order to take decision whether it is necessary to open a position. Prior to giving birth to a new EA, this logic was created as a result of usage of stochastic methods and then tested on historical data and checked with Monte Carlo method, which, of course, does not guarantee any results in the future. The bot is designed to trade during evening
This algorithm uses statistically justified comparison of market data, numerical constant values and output values of Stochastic indicators and Moving Averages in order to take decision whether it is necessary to open a position. Prior to giving birth to a new EA, this logic was created as a result of usage of Stochastic methods and then tested on historical data and checked with Monte Carlo method, which does not guarantee any results in the future, of course. No martingale is used. The robot i
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