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Price Action Forex Trading Robot

This is a Price Action based EA. No martingale or hedging strategy is used here.

The EA is for EURUSD Only.

Entry Logic:

  1. Support resistance to determine the area of buying and selling.
  2. We don't enter market if its a ranging market.we filter ranging market with Bollinger band and ADX.
  3. Also we check the market trend.only enter for buy if its an uptrend and sell if its a sell market.

Exit Logic:

Usually, we have a fixed stop loss which is very low according to the Take profit.

Also we have trailing stop function.

Money Management Logic:

We have used several effective money management logic here.

  1. We use at least 1:2 Risk Reward ratio.
  2. When a trade goes in profit at least 20%, we put a trailing stop there. your profit will be locked in 20% profit and the stop loss will move automatically after every 20%pips profit.
  3. After getting in profit, your 50% position will be closed,so you are out of risk for that trade.because you booked 50% profit and locked your sl.
  4. Your lot size will increase/decrease according to your balance and profit.

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Manpreet Singh
4.95 (253)
HFT PROP EA is the High Frequency Trading Expert Advisor (EA/bot) designed to pass proprietary trading firms (prop firms) challenges which use stop orders to enter the trades when market is trending, It is basically designed for US30 just at opening of US30 in New York Session till it remain in its trending nature for 15-30 minutes, and using HFT PROP EA you can pass the challenge within few minutes for prop firms who doesn't have any lot size cap. Special benefit for buyers who share their re
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Introducing the ultimate news trading robot for forex MetaTrader 5 - designed specifically for traders who want to profit from market volatility during news events. With this robot, you can easily set up two pending orders - buy stop and sell stop - just 10 minutes before the news release. Simply set the time on the robot to 10 minutes prior to the news release time (for example, if the news is scheduled for 6:30, set the time on the robot to 6:20), and the robot will take care of the rest. But
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Version 1.2 2022.08.28
Make the EA More Accurate and Faster.