Thalvorn EURGBP
- Experts
- Version: 1.0
- Activations: 15
THALVORN EURGBP H1
Two views of price, brought together in one Expert Advisor.
THALVORN is the Emixo MetaTrader 5 portfolio designed for EURGBP. It combines two modules with their own rules: S14 looks for moving-average crossings confirmed by a CCI turn; S15 takes a contrarian view of moving-average state, with ADX and Stochastic conditions.
The two approaches share an H1 reference and use fixed volume, with distinct trade identifiers and positions. You can choose which new entries to enable and follow activity in the chart summary.
The trading approach
Module 1, S14, combines a moving-average crossing with a CCI turning condition. Its technical exit uses a Bollinger Band crossing in the position's favorable direction, together with the strategy's specified initial protection.
Module 2, S15, looks for contrarian moving-average configurations, rising ADX and a Stochastic rebound or reversal condition. Its exits use stop loss, take profit, the opposite signal and a condition on the latest directional H1 candles. Each exit follows the module's rules and the actual execution conditions.
What THALVORN offers
- Two approaches with defined entry and exit conditions.
- Internal H1 calculations and trading on the chart's actual contract.
- Separate control of new entries, with continued management of owned positions and owed exits.
- Seven English inputs covering the panel, volume, spread filter and module identifiers.
Your settings
Base_Lots assigns the same fixed volume to each module, using 1:1 weights. The initial value 0.01 means 0.01 lots for S14 and 0.01 for S15. Their stop distances differ, so assess the monetary risk of both positions and the account's shared margin.
Max_Spread filters new entries in broker points. A value of 0 disables this filter. Module_1_Enabled and Module_2_Enabled control new entries, while Module_1_Magic and Module_2_Magic identify the trades. Portfolio_Panel controls the chart summary.
Reference setup
MetaTrader 5, a Hedging account, your broker's EURGBP contract and the recommended H1 chart. The EA trades the chart's symbol, including any broker suffix. Its rules use H1 internally even when a different chart timeframe is displayed.
Both modules are initially enabled. Original Magic values are 2300 for S14 and 2310 for S15. Custom configurations can use two distinct, unused values within the reserved range 30014000–30014999, while preserving the identifiers associated with existing trades.
Getting started
Install the single EX5 and check the broker contract's minimum, maximum and volume step. Choose a volume supported by that grid. Consider the wide stops, available margin and the account's other exposures. Spread, commissions, swaps and slippage affect results.
The ordinary preset uses 0.01 lots per module. The HIGH2 test configuration uses 2.0 lots per module and carries greater exposure. Select volume for your account and intended risk. Historical results describe the conditions tested and do not guarantee future results.
