PriceActionAi ForceIndex SPA

This EA is intended to assist with surveying and trading performance statistics with Force Index indicator.

Only one order at a time can be opened, at the end of the order can the next order be opened

When the Force value crosses 0 from top to low

In Reverse mode, the SELL command will be opened instead of the BUY command.

When the Force value crosses 0 from low to up

In Reverse mode the BUY command will be opened instead of the SELL command.

2. Configuration parameters

2.1. Basic parameter group

A. System Settings

• Day of week: Day of the week
• Trading Hours: Hours of the day
• Minute Min: From minutes
• Minute Max: Up to the minute
• Magic number: EA ID number   

B. Trading Settings

• Balance stop percent (0 = No Stop): Trade stop level. Once the profit / loss is loaded at this%, the EA will stop running.
• Reverse: Reverse
• Spread Limit (in points): The maximum spread when checked for entry
• Slippage Limit (in points): Maximum price slide when entering the order

C. Volume Settings

• Money management (LOT or RISK): Capital management
• In the case of choosing LOT: The value for money management: is quantity (eg: 0.01)
• In the case of choosing RISK: The value for money management: is a percentage (Example: 1)

D. SLTP Settings

• Stop Loss (in pips): Stop loss
• Take Profit (in pips): Take Profit

E. Trailing Stop Settings

• When the current bid / ask price is about 1 distance from the initial set SL point by Trailing Stop + Trailing Step, then drag SL 1 about Trailing Step, following the direction of trend development.
• Trailing Stop (in pips, 0 = No Trailing): Stop loss
• If Trailing Stop is 0, this function will not work
• If Trailing Stop is different from 0, then Trailing Step must be entered
• Trailing Step (in pips): The jump range of the SL

2.2. Parameter group characteristic  

Force Index Trading Setting 

Period: The average number of candles 

Method: Type of average line applied. The default value is Simple 

Simple

Exponential 

Smoothed 

Linear Weighted 

Volumes: Volume taken into account. The default value is Tick

Tick 

Real