This system uses tops and bottoms to place Buystop/Sellstop orders witha a small Stoploss and if the order isn't closed by the Stop, it continues to ride the Trend until it's closed by an implemented indicator or if a certain number of bars have passed since the order was opened or TP function . It also has a Lot management system included which is correctly calculated for accounts in USD .
The EA also has a Breakeven function wich can be set by the user and Trailstop function .
It is recomended that you trade with a low-spread broker because the system uses small stops and of course , if the spread is larger, you must also increase the StopLoss , which leads to a higher drawdown .
Pairs : EUR/USD , USD/JPY , GPB/USD .
Timeframe : H1 .
Lots - if you want to use fixed lots , set to 0.1 by default ;
ManageLot - if you want the EA to manage Lot size ;
RiskInPercent - how much you want to risk , set to 0.5 by default ;
HardStop - set to 100 Points ;
VirtualStop - set in Points , 50 by default ;
Close Orders by Macd indicator or after a certain number of bars after the order was opened , customisable (true or false) ;
BreakEven - true/false ;
BreakEven after points - set to 100 ;
Level - set to 48 - upper and lower levels from the last 48 candles in the chart ;
Magic - Magic Number .