Market / MetaTrader 4 / Experts /

Eng GBP

Demo downloaded: 77

Published: 5 April 2020

Current version: 2.0

Eng GBP

Experts
Ahmad Alsaegh
Ahmad Alsaegh
Kuwait

1848
5 (1)
Trader

1 product 1 comment
Version: 2.0
Updated: 6 May 2020
Activations: 5

Eng GBP

Eng GBP is a an advanced trading system used for All currencies based on Fibonacci Levels and breakout strategies combination

The EA has been tested in the strategy tester in different trading conditions and shows a good result. The H4 time frame is recommended for calculation and H1 for trading

Settings will be uploaded for GBPUSD.

Features

Fixed lot and auto lot
Money management ( Equity / $ mode )
Trade safely
Repeated order when another chance occurs and easy settings to use
System needs time for calculation, keeping the system open is mandatory

Recommendations

Best with VPS
All Currencies but better with GBPUSD
H4 timeframe for Calculation
H1 For Trading and Testing
Do not shutdown the system during the trading days to get better result

Inputs

Settings optimized for GBPUSD, H1 timeframe for trading , H4 for Calculation

Calculation Timeframe = H4 EA will calculate every H4 candle to see to best time for trading
Trading Time =from 00:00 to 23:59
Execution Mode= MARKET / LIMIT whether you want LIMIT order or Market execution
Minimum & Maximum range to trade it is the price traveled in the calculation candle in pips
Entry Ratio which Fibo level after breakout of the candle to be used for entry
SL Ratio which Fibo level after breakout of the candle to be used for SL
TP Ratio which Fibo level after breakout of the candle to be used for Tp
Fixed size Lot will be used if you Tuned the Moneymanagement Mode to " OFF" position
Moneymanagement Mode how you want your money management to be calculated ( Equity , Money " how much money you want to risk per trade ", Fixed lot)
One Trade per Day ( True / False ) How many trader per 24 hours if you want only one trade set this as True , if you want to trde depending on the availability of the condition set False
Trade Cancellation after the breakout if the price travel to X% Fibo no trade will be placed ( for more safety )
Cancel Ratio Which fibo level you want the order to be cancelled after breakout
Use Breakeven to move stop loss to entry after X% Fibo
Hidden Mode ( True/ False ) Ea to move SL to entry if it is False or EA to close the trade manually if it is False when the price reaches Breakeven Trigger ratio
Trigger Ratio when the price reaches X % Fibo and you want to move the SL to entry point to avoid counter trend
use Moving Average to confirm the trend while trading

more...

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Eng GBP

Ahmad Alsaegh

Eng GBP

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