This is a fully automatic Expert Advisor designed for trading during low market volatility in the Asian session. The EA monitors the price levels, and opens positions if a signal was generated.
It does not use strategies like martingale, position averaging, loss overstaying, etc.
All positions are opened with fixed Take Profit (3-5 points) and Stop Loss (15-35 points) levels.
Main currency pairs: EURCHF, GBPCHF, USDCHF, EURAUD, USDCAD, CHFJPY.
The chart period is not significant, but it is recommended to run the EA on the M15 chart to monitor the trading conveniently.
It is possible to use a dynamic lot to increase the volume of positions during a successful trading.
You can increase the number of opened positions, if ORDERS_BUY or ORDERS_SELL is greater than 1, positions can not be opened more often than once per fifteen minutes.
A deposit of any size can be used, however, an account above $100-300 is recommended for trading five-six currency pairs.
It is recommended to use ECN accounts with five-digit quotes and moderate spread.
- MONEY_MANAGEMENT - use dynamic lot
- RISK - risk as a percentage of account free margin if MONEY_MANAGEMENT=true *
- ORIGINAL_LOT - fixed lot if MONEY_MANAGEMENT=false **
- ORDERS_BUY - the number of Buy positions opened at a time
- ORDERS_SELL - the number of Sell positions opened at a time
- TAKE_PROFIT - take profit value
- STOP_LOSS - stop loss value
- MAX_SPREAD_OPEN - the maximum allowable spread for opening positions
- MARKET_WATCH - open positions for ECN accounts ***
- START_TRADING - hour and minute to start trading ******
- STOP_TRADING - hour and minute to stop trading ******
- FILTER_TRIPLE_SWAP - triple swap filter ****
- MAGIC_NUMBER - magic number of positions *****
- SLIPPAGE - price slippage
- USE_A_SOUND - use sound signals
* By default, RISK = 3.0. This is done to demonstrate the trading features of the expert in the strategy tester. To trade in the real market, try smaller values first. For example, 0.01-0.1 depending on the deposit size.
** By default, ORIGINAL_LOT = 1.0. This is done to demonstrate the trading features of the expert in the strategy tester. To trade in the real market, try smaller values first. For example, 0.01-0.1 depending on the deposit size.
*** Not all brokers allow opening positions with preset TAKE_PROFIT and STOP_LOSS. This variable allows you to open a position without TAKE_PROFIT and STOP_LOSS, and to modify the position and set the TAKE_PROFIT and STOP_LOSS defined in the settings.
**** If trading starts before 00:00 by terminal time, then a triple swap is charged on Wednesday night. If the swap for the currency pair is negative and FILTER_TRIPLE_SWAP = true, positions will not be opened for the pair.
***** When trading different currency pairs on the same account, the parameter can be left unchanged, positions will not overlap.
****** The default period is 00:01 to 01:00 for a trading server with GMT+3 time zone.