Last update 5th-August-2022 for version 2.7 is the latest and see the last common.
This Expert advisor built by Sami Saydam. It is considering the hit and run strategy using the optimal Trailing order in each trade. The trade is under 30 minute chart period and it is started by a compilation between invented indicator called Dynamical support and resistance levels (The red lines) which is owned and invented by Sami Sayam in 2010, copy righted number 316009 and the special set of Commodity Channel Index indicator.
This EA is showing its monthly performances in this signal:
In Axi broker:
In BlackBullMarkets broker:
Noting that both EA Nasdaq 13 and Nasdaq 11 are operating this Signal at the same time. Buy Nasdaq 11 and get Nasdaq 13 for free.
The perfect settings are what it shown in the EA after the download, the good thing in this EA is giving you 1 way of trading the NASDAQ100, it is fully automated trading without interrupting any of its trades as the Trailing order to 700 and the the stop lose order to 0. It is safe in trading but I recommend to use the new last version 2.60 setting as it is in the inputs but you can change your leverage from 1:1 up to 40 as 1:70 as maximum as also higher in risk but still safe. I recommend to make back test strategy with your broker current spreads and see how much higher in leverage use you can test from 1 up to ? the trades can sustain then you choose the fit leverage number to use. I recommend to use 1:30 in international brokers and 1:6 only under the EU, USA and Canadian brokers because they are forcing for lower leverage use. Always keep the Trailing order to 700.
For example; you can set up your trading leverage from 1:1 up to 1:70, but I recommend 1:30 to trade the Nasdaq 100 in CFDs either Cash or futures. You can choose the LeverageUse = True which is to keep using the added equity from new profits or deducting it from lose to the new trades and so on. Set up the MaxLeverageToUse = 1 up to 70 in leverage use. 1 is 1:1, 24 is 1:24 and 70 means 1:70 and so on. Also, you can keep the LeverageUse = False just if you wish to use a fix number of lots in each trade to operate this EA without caring to add any profits or lose in to any new trade. So you can set up FixedLot = 0.01, 0.02, 0.03 or 0.2 or 0.9 or 1.0 or 2.0 or 30.0 or up to 100 or 1000. If you want to trade with 1:1 leverage and keep adding the new profits or lose to the new trades, then set up the LeverageUse = true and set up the MaxLeverageToUse = 1 only. That is the lower risk you can ever reach in this EA, this is the Islamic trading methods without using any leverage in all trades; 1:1 only.
The optimal StopLoss is 7000 pips in Nasdaq which is fit to this EA but mostly is not hit. Also the TrailStart is set to 700 pips to start working to collect the profit, This Trailing order is designed not to act as stop lose in this EA therefore, it is safe tool to use in this EA. See the videos
Live trading performance on Myfxbook will be soon:
You can test new version 2.60 by using your strategy tester tool, I have chosen the best settings on Nasdaq11 settings.
The function CloseOnOppositeSignal is better to be false because open trades can return back to a profitable direction later on while the EA is opening new trades, this function is avoiding any lose trades in the trading statement. Off-Course you can set it to true to close all the trades in lose or profit when the EA is starting opposite trade. But I recommend to keep it false.
This EA can be used on NASDAQ 100 Cash or USNDX.CASH and the NASDAQ 100 futures instruments which I recommend them to trade with this EA and its settings.
There is trading view on the chart to the right when the trades are open, if you wish to cancel this view, just reduce the number of the FontSize to less than 6.
Any questions, please share it in your comments.