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Directional Movement

Expert Advisor Overview and Advantages

  • The strategy is based on the support and resistance breakout principle;
  • The EA uses only Buy orders.
  • The EA always uses Take Profit and Stop Loss.
  • Multicurrency trading is supported.
  • Easy of use.
  • Wide choice of suitable currency pairs;
  • Minimum initial deposit.


Operation Principle

  • Based on the data of two indicators (the first is RSI with a period of 14, the second one is custom built-in indicator), the EA opens a buy order and sets the Take Profit and Stop Loss levels. They are never modified and remain in one place.
  • Orders are closed by the Take Profit and Stop Loss levels.
  • No more than one Buy order can be opened for each pair the EA is running on.


Recommendations

  • To start trading, drag the Expert Advisor onto the chart with recommended settings;
  • I recommend using the multicurrency trading option by launching the EA on required currency pairs, setting a new value to the Magic parameter for each pair.


Input parameters

  • Lot - the volume of market orders.
  • TakeProfit - the Take Profit value in chart points.
  • StopLoss - the Stop Loss value in chart points.
  • Magic - market order magic number.


Recommended values of parameters

  • Lot = 0.01;
  • TakeProfit = 0.002;
  • StopLoss = 0.002;
  • Magic = 1.
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AI Gen XII EA This is an Expert Advisor with the latest use of Artificial Intelligence and Neural Networks. The EA runs on the top-of-the-line GPT-4o platform and also uses Advanced Discrete Fourier Imaging in ATFNet aligns the frequency spectrum of the input series, allowing for a more complete analysis of time series data. The EA also boasts trading on different strategies simultaneously and matching backtest trades and real trading, which is very important in its time.  Details about Advisor
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