Dow Jones Predictor
Dow Jones Predictor trades the Price Prediction Line and Compound Cyclicality indicators on Dow Jones Industrial Average (US30) cash index with stable positive results. There are 13 different strategies included, working consecutively, depending on the market conditions. The strategies predict the price increase or decrease short-term intervals. The longest trade made by Dow Jones Predictor can last between 100 and 200 hours. Dow Jones Predictor is a classical trading expert advisor, each trade is protected by a specific stop-loss value, and a trailing stop procedure can be used. There are two execution lines, the main one triggered by the price action itself, and a second one to add a second position at a better price, using an innovative entry procedure.
The minimal capital required is 100$, for brokers with MINLOT=0.01. The recommended minimum capital is 1000$. For brokers with MINLOT=1, the minimal capital is 1000$. The minimal capital is recommended only with accounts with 1:500 leverage. Better results are obtained in Raw accounts with a variable spread under 500 points (5$ per lot). Also, better results are obtained with brokers with MINLOT=0.01. The usage of a low-latency VPS (under 120ms) can obtain better efficiency. Dow Jones Predictor is optimized ONLY for the US30 cash index and can be used on ANY TIMEFRAME. The current version is optimized for market data after 01.01.2022.
TradeComment - the comment for each open trade
RiskLevel - the level of maximal estimated capital risk
LowRisk (1 Lot for each 10000$) => 10% estimated maximum drawdown
MediumRisk (1 Lot for each 5000$) => 20% estimated maximum drawdown
HighRisk (1 Lot for each 2000$) => 50% estimated maximum drawdown
StartHour - the hour when the trading will be started
StopHour - the hour when the trading will be stopped
MaxSpread - the maximum value of the spread to trade
MagicNumber - the magic number of each open trade
TradeLong - option to trade or not long trades (Buy-Sell)
TradeShort - option to trade or not short trades (Sell-Buy)
UseTrailing - option to use or not the default trailing stop
SecondTrade - allows a second trade to catch better price
100$ for brokers with MINLOT=0.01
1000$ for brokers with MINLOT=0.1
1000$ for brokers with MINLOT=1
A capital account with 1:500 leverage is recommended.
Usage of a low-latency VPS (under 120ms) is recommended.
This expert advisor does not guarantee a profit. Past performance does not guarantee future performance.
Any buyer will run the expert advisor with his own technical resources, with his own data, and with his own risk.
The expert advisor's author is not responsible for the results, and can not be held responsible for any eventual losses.
An updated version of Meta Trader 4 (MT4) is needed to run this EA with any brokerage company having Stops level = 0.
Dow Jones Predictor is sold only under the https://mql5.com internet site; any other place offering this software is a scam.