Market / MetaTrader 5 / Experts /

Exotic Pair Long Term EA MT5

299 USD

Demo downloaded: 35

Published: 10 November 2020

Current version: 1.22

Exotic Pair Long Term EA MT5

Experts
Pieter Sarel Hurter
Version: 1.22
Updated: 11 November 2020
Activations: 5

This EA takes short-term trades in a trending USDZAR market. It uses a top down approach to establish trend, i.e. from the Daily timeframe down to the 60-min timeframe. From there a basket of MA's are analysed for setup validation and optimal trade entry. MA periods are updated dynamically based on current price volatility.

PLEASE NOTE NOTE:

Designed for USDZAR on Non-Dealing Desk Broker
If EA is disabled after 2mins, make sure to download at least 1 year's historical data for USDZAR via Views/Symbols/USDZAR.

Rules:

1:1,4 Risk/Reward Ratio per trade
Only one long and one short open trade allowed at a time
Automatic closure of LONG trade after 11 hours if no TP/SL triggered
Automatic closure of SHORT trade after 13 hours if no TP/SL triggered

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Version 1.22 2020.11.11

Fixed support for additional base currencies