This EA is based on a unique formula and few filters. This system works best on H1 timeframe and should be used on this. It won't work on any other timeframe. The best pair to trade with this EA is the "EUR/USD". You can trade also other pairs with this system. But I would not advise you to do so.
Function that this EA has:
Re-Buy in profit Trailing Stop (No StopLoss until in Profit. All Positions without stoploss will be closed automatically by the EA when a counter signal occurs) SecretF
This EA is based on the free Donchian Channel indicator.
These are settings you should know about:
MovingAverageFilter = Periods of the SMA. MovingAverageTF = TimeFrame of the SMA (5=5 Minute Chart; 60=Chart; 240=Chart;...). EntryOnlyOnBreakoutClose = By setting this option on true, a trade will only be opened when a candle closes above/below the Donchian channel. backstep = The period of the Donchian Channel. CandlesBeforeReenter = After a trade hits SL or TP, the EA will wait the "Cand
This indicator draws two lines on your chart. This lines represent the high and the low of a customizable time range (Opening Range). The strategy: you should trade in the direction of the breakout.
Mostly the opening range is between 8:00 and 9:00
DAX/GER30/(German Index) -> From 8:00 to 9:15 EUR/USD (German Timezone) -> From 7:00 to 9:00You could use a Moving Average as a filter for the breakouts.
Counter Attack is a short-term strategy that was designed for little timeframes like M1, M5 or max. M15. This Strategy works best on M5 USDCHF and USDCAD. Counter Attack tries to counter every fast price movements. It opens a few more trades in loss, if the market is going up again. It will not blindly open more trades in loss! It also closes all trades automatically if a counter signal occurs or the stoploss is being reached.
You will get best results if you do use Rebuys (10 Rebuys with 50 (5
This is full automated Trading System which trades breakouts of the Opening Range. You have many different options and functions which you can customize to get profitable results. Opening Range = OR
Surface of this System
Before we take a look at all the customizable options, we are going to take a look at the Objects we have on the Chart. There few lines and Data: Takeprofit of a Short Position Takeprofit of a Long Position Stoploss of a Short Position Stoploss of a Long Position Opening
In-Trading StopLoss Manager is managing your SL automated. You can use 4 different Indicators to let SL Manager move your SL:
Kijun-Sen Line (Ichimoku) Parabolic SAR Eponential MA Donchian ChannelYou can set up the StopLoss Manager on Chart.
You can turn the StopLoss Manager Off/On on Chart.
You simply open a trade, set up the In-Trading SL Manager and enjoy your free time!
See instruction on how to use it in the video.
High Profit, Low Risk
This Expert Advisor uses multiple Bollinger Bands for entries and exits; it also uses a Stop Loss. The Expert Advisor performs many trades, so the performance test has a very good accuracy.
Backtest was done on EURUSD, M5. You can try other сurrency pairs, but you will need to optimize the Expert Advisor.
If you have any questions, just leave a comment or write me a private message.