Owl EA MT5
Live monitoring signal
NOTE: This is for monitoring only, do not subscribe to signal!
This EA trade in a very delicate way during very delicate time, be smart and don’t use copy signals service. Discrepancies in quotations, spreads, trading hours and delay in copying trades will make almost impossible to have same results. To have same results buy EA and use this broker with a raw spread (ECN) account.
Owl EA is basically a "night" scalper: it opens trades during latest hours of american session and first hours of asian one, looking for rapid and predictable movement.
It do not trade on Friday and trades will never go overweek. (I'm using another EA for this particular trading time: Relax EA).
It consists in different strategies that are automatically handled from a single EA instance to provide best possible diversification. All mathematical calculations are done focusing especially in statistical edges and stable growth, not only on profit.
No more than 1 trade for each strategy, no grid and no martingale: all trades have hidden SL and TP. Average holding time for positions of few hours.
This EA trades 10 majors and minors forex pairs based on the 5 less volatile currencies during its trading time (EUR, USD, GBP, CHF, CAD).
It’s possible to trade all pairs from a single chart or to place an EA on each pair chart to let it working by tick and not by timer. (Most of time this latest it’s the preferred option for scalping systems, anyway all tests based in both modes provide very similar results. Timer of calculations happens 4 times in a second, a long way more than ticks speed during its trading session).
This EA trade in a very delicate way during very delicate time: discrepancies in quotations, spreads and trading hours will make almost impossible to have same results with a different broker: to have same results use this broker with a raw spread (ECN) account.
|Magic number||Base ID number of trades opened by EA (EA uses multiple magic numbers, one for each strategy, adding strategy number to this ID).|
|Symbols||Symbols on which EA will work on (empty = only current chart symbol). |
|Symbols to exclude||Symbols to exclude from opening trades (comma separated, you can also enter currencies only, for example GBP,JPY to avoid all GPB and JPY pairs trades).|
|Lots||Lot size for each trade (0 = use dynamic calculation).|
|Risk factor||If lot size = 0, then specify risk factor for each trade.|