Next price = $120
Target price = $150
This is an expert advisor that uses trend indicators to enter market at very precise price level. It consist of different independent short, medium and long term strategies. Opened trades are closed with a well defined rule. Stop loss and profit target are provided for every trades. It does not use martingale strategy. Also, it not FIFO compatible.
Pair - EURUSD
Timeframe - Any timeframe.
Low spread brokers
Minimum initial Balance - $300.
VPS that is available 24/7
- Display_EA_Name - if set true, dashboard of the EA is displayed.
- Magic_Number - trade identification number,
- UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below;
- FixedLots - Fixed trading volume for every open positions;
- MaximumRisk - percentage of initial deposit to be used in opening a single trade;
- DecreaseFactor - value used in calculating the next trading lot if the previous trade is a loss trade. The higher the value, the lower the next trading lot;
- ClosePositionOnFriday - if set true all the open positions will be closed on Friday night
- Usetrailingstop - if set true, the EA will trail the profit with the use of inbuilt railing set up;
- UseMTTrader4H&D - if set True, the expert will use medium term strategies which employ 4 hours and daily trend indicators to trade.
- UseMTTraderW - if set True, the expert will use medium term strategies which employ weekly trend indicators to trade.
- First Take Profit First Profit target for trade opened.
- Second Take Profit - Second Profit target for trade opened.
- Stop Loss - Stop loss for every trade.
- F.T.I.Period - first trend indicator's period used in placing of trades
Fell Free to ask any question about the EA.
They are used to switch on or off short and medium term strategies. Find there descriptions on the description tab on the product page.
2. To distinguish it's trades from other EAs, EA name was
put in comment section.
2. Oversold filter added. It filter sell positions to be open when price is at or near oversold region.
3. Closing style of open sell positions modified.
2. Closeallpositions on Friday parameter error is fixed and resolved.
2. selling strategies updated!