Ordinary Different Action
It uses different approaches to opening and closing positions. Momentum indicator is used to open positions and Commodity Channel Index indicator is used to close them. In additional, Take Profit and Stop Loss (with or without Trailing Stop) are used to close positions. The money management is based on the free margin.
To lock account profit or limit account loss, you can activate Target equity and/or Minimum equity in percentage of deposit at the settings.
This EA is optimized for EURUSD H1, but you can use it for other instruments by performing optimization first. You can adjust importance parameters by performing optimization periodically using "Every tick based on real ticks" to get precise result or "Open prices only" to get faster result.
- Expert Name - name of this EA
- Expert Version - version of this EA
- Expert Developer - developer name
- Slippage in pips - slippage
- Magic Number - magic number
- Money management (true or false) - use auto lots calculation
- Risk in percentage terms - risk based on account balance to calculate lots
- Volume in lots if money management false - fix lots if money management is set to false
- Target profit in percentage money, if 0 not used - if this target is reached, the EA will close position
- Target loss in percentage money, if 0 not used - if this target is reached, the EA will close position
- Restart trade if one of Target is reached (true or false) - if set to true, the EA will restart a trade after the target profit is reached
- Timeframe - timeframe
- Momentum period - period of momentum
- Momentum Applied Price - applied price of momentum
- CCI period - period of CCI
- CCI Applied Price - applied price of CCI
- Stop Loss in pips - stop loss in pips, 0 - not used
- Take Profit in pips - take profit in pips, 0 - not used
- UseTrailingStop - Trailing Stop usage (true or false)
- TrailingStop - Trailing Stop value in pips
- Closed by CCI - if true, open position will close with CCI signal
- Header text colour - color of header text
- Header background colour - color of header background
- Background colour - color of background
- Text colour - color of text
- Account profit text colour - color of profit text
- Account loss text colour - color of loss text
- Symbol recognition.