OsmaDayDay
~~ What this is ~~
This is DayTrade EA for EURUSD.
This EA doesn't have fixed TakeProfit,StopLoss value.
The situation of market easiliy changes. So it is more rational, profitable to set TakeProfit and StopLoss on each trade, judging from market volatility.
This EA does it!
Complex and lots of parameters is not necessary. What is most important, is whether you can earn money or not.
Such parameters just annoys you and give nothing.
You don't have to worry about tuning parameter anymore! Just Run It!
I prepare a few, minimum required parameters.
Real-account trading result is here!
https://www.mql5.com/en/signals/821557
~~explanation~~
※ ※ ※ please set Timeframe Monthly ※ ※ ※
[spread]
When current spread is over this value, EA doesn't trade.
if you set "-1", you can disable this function.
[FridayEndHour]
This is used to close position before weekend comes.
If you set 23, All positions are closed before 23:00
This function looks the time on current chart.
Time to close market before weekend depends on each broker
You should check chart, and set it.
If you set 25, this function is disabled.
[denom]
it is used for adjusting lot as you want to trade.
the formula is here : lot = equity / denom
***example***
(when equity: 3000$, denom :30000)
lot = 3000 / 30000 = 0.1
[MagicNumber]
This is used for distinguish this EA from other EAs
[isLotModified]
This parameter is for compound effec
if this is true, lot of each trade is modified based on current equity, following the formula( lot = current equity / denom)
if false, lot is modified just once when EA starts.
[StopBalance]
this is for safety function.
if the balance is under StopBalance, EA doesn't start trading.
[StopMarginLevel]
this is for safety function.
if the margin level is under StopMarginLevel, EA doesn't start trading.