JPY Phoenix EA

JPY Phoenix EA is a multi-strategy Expert Advisor designed using various strategies, including trend-following, counter-trend, breakout, and scalping, with the goal of surviving all market conditions and minimizing equity drawdown. Each order is protected by a fixed stop-loss. This EA is specifically designed for the 1-hour timeframe for the USDJPY pair.


Main Features:  
  • No Martingale 
  • No Grid.
  • No Averaging.
 
Setting Parameters:
  • Expert Name - EA name and trades comment. 
  • Magic Number - EA identification number to identify trades. 
  • Trade Direction - Direction of trade, Buy or Sell or Both.
  • Max Positions - Maximum open positions at once.
  • Commission - Trade commission per lot for both side. 
  • Max Spread - Maximum spread to allow trading.
  • Volume Settings - Include fixed lot size and dynamic lot size.
  • SL/TP - Stop loss and Take Profit for each order. 
  • Basket TP - Include Basket TP to close buys, sells or all positions at once.  
  • Trailing settings - Trail SL and breakeven/profit lock settings.   
  • Time Filters.

Recommendations:  
  • USDJPY (US Dollar vs Japanese Yen) H1.
  • Zero spread ECN or raw spread account.
  • Hedging account. 
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