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Positive Interest Swing Trade

I've developed this EA many years ago to automate my trading on AUDJPY. Today I'm still using this and have made many improvements to control the drawdown and increase profit. To see how this EA performs, you can refer to https://www.mql5.com/en/signals/113937


Features

  • Variable Grid Trading
  • Smart Averaging

Recommended time frame is H4. This EA trades in both direction (hedge). You can set the MT4 to trade in single direction.


Inputs

  • Multiplier — Adjust from 1.0, Step 0.25, Max 1.5
  • Sample Size — Leave as default
  • Trend Size — Adjust from 8, Step 4, Max 24
  • MA Period — Adjust from 4, Step 1, Max 6
  • Min Lot (Start) — Minimum lot to start trading and adding position
  • Max Lot (Capped) — Maximum lot to stop adding position
  • Spacing — Express in pips
  • Smart Close — Adjust from 1, Step 0.5, Max 2
  • Slippage — Express in points
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Version 1.21 - 2016.12.28
- New Entry Algorithm
- Secondary Exit
- Bugs Fix