Mood EA
- Experts
- Vasiliy Strukov
- Version: 5.0
- Updated: 29 May 2024
- Activations: 5
Mood EA - works on the Momentum indicator, which is a leading indicator. To enter a position, the advisor uses the oversold or overbought conditions of this indicator, catching the "mood" of traders.
Real-time results can be viewed here.
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Settings and manual here
SETTINGS
- Open new series - on / off beginning of a new seri
- Start lots - start lot.
- Trade Buy - allow the adviser to buy.
- Trade Sell - allow the adviser to sell.
- Support manual orders - allowed or not for EA manage manual orders.
- Use hedge - allow the adviser to trade both direction buy and sell. If off only one trade direction.
- Use Money Management - on / off use of automatic lot calculation.
- Autolot. Free margin for each 0.01 lot - the amount of free margin for opening every 0.01 lots.
- Lot miltiplier - lot multiplier for the following orders.
- TP - take profit, in pips.
- SL - stop loss, in pips from the first order.
- Trail Start - activation of a trailing stop.
- Trail Step - distance from the price when activating a trailing stop.
- DD Reduction Algoritm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
- Number order for DD Reduction Algoritm - from which order the drawdown reduction algorithm is activated.
- Percent profit for DD Reduction Algoritm - percentage of profit when closing orders in the drawdown reduction mode.
- Magic - is a special number that the EA assigns to its orders.
- Fix distance - fixed distance between orders
- Order dinamic distance - from which order will the dynamic distance be applied in order.
- Dinamic distance start - the starting value for the dynamic distance.
- Distance multiplier - the dynamic distance multiplier.
- Start, End hour - time for opening the first order.
- Maximum Lot - maximum lot.
- Maximum spread - the maximum spread for the adviser.
- Mom_Period - period of the Momentum indicator.
- Up Level - the reading of the Momentum indicator above which the EA sells.
- Down Level - the reading of the Momentum indicator below which the advisor buys.
EA Mood is very interesting. It has faster inputs and outputs, which allows you to work with larger lots. Drawdown reduction is an excellent tool for managing your account. It's been profitable since I bought it.