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Yen Raider EA MT5

499 USD

Demo downloaded: 21

Published: 18 March 2023

Current version: 1.0

Yen Raider EA MT5

Experts
Mr Andreas Kyriacou
Version: 1.0
Activations: 10

* Launch Promo Discount - Standard Price: $999 *

Yen Raider is a Trend-following based Expert Advisor that enters the market on breakouts and exits once momentum either becomes exhausted or begins to reverse.

Every position has a Stop Loss and Take Profit, which is adjustable.

I created this EA with Low Drawdown in mind, which is demonstrated in both Backtesting and the Real Account Live Signal.

I recommend it to be used on USDJPY with the Default Settings on the M5 Timeframe.

Real Account Live Signal: https://www.mql5.com/en/signals/1888215 - Telegram Group: https://t.me/+EdsWdMO2oQo1ZTVk

Inputs Breakdown

Risk Management

Fixed Lots: The fixed amount of lots to be used per position
Use Account Balance Percentage Instead? (based on Stop Loss): An option to use a percentage of the account balance instead of fixed lots. The trading volume will depend on your account size and Stop Loss placement
Percent Risk per Trade: The percentage amount that you want to risk per trade
Stop Loss (in Pips): The amount of pips in drawdown you are willing to take before the trade is automatically closed
Take Profit (in Pips): The amount of profitable pips you would like to secure automatically
Use Equity Protection?: An option to automatically exit trades and no longer open new trades once the account equity drops to a specified level
Equity Stop Out Level (in Account Currency): The Equity amount in which you would like the Equity Protection feature to be activated

Trading Times

Time to Start Entries (Server Time): The MetaTrader Terminal time in which you would like the EA to start looking for entries
Time to Stop Entries (Server Time): The MetaTrader Terminal time in which you would like the EA to stop looking for entries
Close Trades Daily?: An option to close trades each day at a specified time
Daily Close Time (Server Time): The time in which you would like the EA to close trades each day

Trading Days

Trade Monday?: An option to allow/disallow trading on Mondays
etc: ...and so on...

Other

Trade Comment: The text that will be attached to each trade as a Comment
Magic Number: The ID number for the EA to be used when multiple EAs are running

REMEMBER: Trading is about probabilities, and positive results are never a guarantee in this business. Please manage risk carefully, and do not trade with money that you cannot afford to lose. Happy Trading!

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