Trend Tactician
- Experts
- Edwin Kiyuka Matoke
- Versione: 1.0
INTRODUCTION
The art of trading is based on the following concepts :
>>> trading discipline and consistency.
For the above to be achieved , the use of technological, adjustable expert advisors(EAs) is the best key to success as EAs don't get tried to make repeatable decisions thus achieving consistency at the same time trading discipline. This EA helps the trader in achieving goals in his/her trading journey.
EA DESCRIPTION TOPICS
1. Best timeframes to trade.
2. Indicators used in the EA.
3. Adjustable settings.
4. Forex calendar.
5. Trading days.
1. Best timeframes to trade.
M30 and 1HR have proved to be the best for the EA, however it has customizable settings which allow the trader to change the trading timeframes.
2. Indicators used in the EA.
The indicators are used to determine the trend and also exit trades by default if the stoploss or takeprofit us not placed.
Indicators used are : COMMODITY CHANNEL INDEX(CCI) and TRIPLE EXPONENTIAL MOVING AVERAGE(TEMA).
3. Adjustable settings.
Taking into consideration that every trader has his/her own style of trading, this EA has been build to every trader's demands.
(a)LOT_SIZE => the trader can change the lot size in every order.
(b) INDICATOR SETTINGS=> The indicator periods, timeframes e.t.c can be adjusted to the interest of the trader.
(c) ORDER_EXPIRATION_TIME=> The time that the order will be valid.
(d) STOPLOSS_IN_PIPS => Stoploss that will be used to exit trades (in pips).
(e) TAKE_PROFIT_IN_PIPS => The profit level in pips.
(f) FIRST_WARNING_IN_MINUTES and SECOND_WARNING_IN_MINUTES => This is the time to be used to warn the trader of the upcoming market events.
(g) TRADING DAYS,HOURS ,MINUTES and SECONDS => All these are settings to determine the day ,hour ,minute and second to start and stop trading.
(h) ENRTY_IN_PIPS=> entry level of the stop orders .
(i) MAXIMUM_DRAWBACK => maximum drawback of current highest profit.
4. Forex calendar
Being one of the company's best EAs ,it has an inbuilt calendar that informs the trader of the upcoming major market events that may affect volatility.
5. Trading days.
Discipline is one of the keys to success in trading and in life.
A disciplined trader should know when to start and stop trading depending on the type of trader.
As this EA guarantees success, it is therefore advisable to change the default settings to the ones the trader is comfortable with.
CONCLUSION
The company wishes every trader the best as you start trading with this marvelous Expert Advisor.
For any queries or complains contact our customer support with:
Email : kiyukaedwin83@gmail.com
WhatsApp : +254748133009
Telegram : @outofthebadland.
