The Expert Advisor trades EURUSD M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter).
The news filter allows suspending the trading during the release of market news, for greater stability and security of trade. Additional filter to suspend trading on Friday allows minimizing the trading risks before the weekends.
- StopAfterNews - a pause after the market news release, in minutes.
- StopBeforeNews - a pause before the market news release, in minutes.
- LightNewsEnabke - enable the pause for low-impact news.
- MediumNewsEnable - enable the pause for medium-impact news.
- HardNewsEnable - enable the pause for high-impact news.
- GMT_Offset - your broker's time zone.
- NewsCurrency - a comma separated list of currencies for which you want to receive news.
- NewsLines - show time of news releases on a chart as lines.
- TakeprofitS - take profit for sell orders.
- StoplossS - stop loss for sell orders.
- TakeprofitL - take profit for buy orders.
- StoplossL - stop loss for buy orders.
- FixedLot - fixed lot size.
- AutoMM - risk limit (as a percentage).
- MaxSpread - maximum spread, above which the trading will be suspended.
- ENABLE_FRIDAY_PAUSE - disable the pause on Friday.
- START_PAUSE_HOUR - hour to start the Friday pause.
- END_PAUSE_HOUR - hour to end the Friday pause.
- MagicNumber - any unique number that distinguishes this EA.
Increased the stability of the EA,
Added the ability to add a pause on Friday for a greater security of trading.