The Alex Week Expert Advisor trades EURUSD using pending orders only.
Pending orders are placed at the breakthrough of important levels, which are accumulated throughout a trading week.
Upon completion of the trading week, pending orders are deleted.
Expert Advisor monitoring: https://www.mql5.com/en/users/sania2010s/seller
Unlike Alex Profit, this EA stores old signals for one week. It is very useful for a sharp change of trend.
Implements control over the amount of accumulated orders, depending on the size of the deposit.
The EA works on H1. Recommended type of account - ECN, recommended leverage - 1:500 or more.
The Expert Advisor does not require a large deposit and can start working with $50.
Each deal is protected by stop orders (Stop Loss and Take Profit). Trailing Stop is used.
Orders are transferred to breakeven when a minimum profit is made, which allows us to reduce the number of losing trades to a minimum.
Alex Week is fully automatic, does not require trader's interference.
It does not use martingale. It requires a low spread broker and VPS.
- TP - pending order take profit;
- SL - pending order stop loss;
- BBUSize - profit in points, at which the stop loss is moved to the break-even;
- BBUSizepip - break-even size in points;
- Magic - magic number;
- UseTrailing - enable/disable trailing;
- TrailingStart - profit in points, after which trailing starts;
- TrailingStep - size of a step, by which the profit should increase in order to move trailing to the next stage;
- TrailingStop - size of a step, by which the profit should decrease, so that an order is closed;
- MaxRisk - risk for the deposit per deal;
- Lots_fixed - fixed lot on/off;
- Lot - fixed lot size;
- Slippage - permissible slippage for opening an order;
- CloseDay - the day to close and delete all orders;
- CloseHour - the hour to close and delete all orders;
- CloseMinute - the minute to close an delete all orders;
- NonFarmDay - deleting orders before nonfarm (day);
- NonFarmHour - deleting orders before nonfarm (hour);
- NonFarmMinute - deleting orders before nonfarm (minute).
- fixed re-setting of the Take Profit level.
- Improved trailing stop.