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This EA utilizes Bollinger Bands logic to execute trades. Here's how it works: When the closing price surpasses the upper band of the Bollinger Bands, it counts as a SELL signal. When the closing price falls below the lower band of the Bollinger Bands, it counts as a BUY signal. Trades are not executed immediately upon receiving a signal. Instead, the EA waits until the number of such outliers exceeds a certain threshold. This helps in avoiding unnecessary entries as much as possible
I came up with an idea for an EA, so let's put it in English. Here's the logic: First, wait for a candlestick to touch either the upper or lower Bollinger Band. When it touches, don't enter immediately. For a SELL entry, wait for the price to touch the upper band, then if the closing price moves inside the upper band, initiate the SELL order. For a BUY entry, it's the opposite. The default number of orders to hold simultaneously is set to 5. In other words, all orders will close at a total
Here is the provided text with line breaks: This is the logic of a Forex EA. This EA is very unique. Normally, entries are made immediately based on overbought and oversold values of the RSI indicator. However, this EA is different. It is slightly modified. It doesn't enter immediately once it becomes oversold. Instead, it waits a bit after oversold conditions to see a reversal before entering. The same theory applies to overbought conditions. After it becomes overbought, it waits a while to
Introducing an Incredible EA! Witness its outstanding performance, particularly on XAUUSD with the H4 timeframe. This EA excels at identifying market trend angles. When it spots a significant angle, it swiftly enters a trade, maximizing profit potential. Rest assured, the default settings have been meticulously optimized for XAUUSD, ensuring optimal results. Get ready to elevate your trading experience and unlock new possibilities with this remarkable tool! <EA parameter input manual>
In addition to understanding market trends and logic, surviving in the forex market requires a grasp of risk management, discipline, and a sound trading strategy. While the Grid EA you mentioned may offer a simplified approach, it's important to note that relying solely on grid trading without a deeper understanding of market dynamics and risk management could be risky. Grid trading strategies involve placing buy and sell orders at regular intervals or price levels, aiming to profit from market
EA_HigeTrend https://youtu.be/4vXUD_o4reA?si=u76-GyUh053-Ljou The Hige Trend Forex robot was specifically designed for the XAUUSD pair. XAUUSD typically exhibits high volatility and trendiness in the market. Following this rationale, the Expert Advisor (EA) will execute trades in accordance with the prevailing market trend. Once a clear trend is identified, the EA will initiate an order. The configuration is straightforward, involving Take Profit and Stop Loss with a trailing stop. However, it
Using an Expert Advisor (EA) solely based on MT4 CCI (Commodity Channel Index) offers several compelling advantages in automated trading. The CCI is a versatile indicator known for its ability to identify overbought and oversold conditions in the market. Here’s a detailed breakdown of its attractions: 1. **Simplicity and Focus:** Relying solely on CCI simplifies your trading strategy, allowing a focused approach. It’s centered on one indicator, making it easier to understand, implement, and
ObjectSet("obj_name7a", OBJPROP_CORNER, CORNER);
ObjectSet("obj_name7a", OBJPROP_XDISTANCE, TXT_left_Margin2); // 左から30ピクセル
ObjectSet("obj_name7a", OBJPROP_YDISTANCE, 140); // 上から20ピクセル
ObjectCreate("obj_name77", OBJ_LABEL, 0, 0, 0);
ObjectSet("obj_name77", OBJPROP_CORNER, CORNER);
ObjectSet("obj_name77", OBJPROP_XDISTANCE, TXT_left_Margin); // 左から30ピクセル
ObjectSet("obj_name77", OBJPROP_YDISTANCE, 160); // 上から20ピクセル
ObjectCreate("obj_name77a", OBJ_LABEL, 0, 0, 0);
ObjectSet("obj_name77a", OBJPROP_CORNER, CORNER);
ObjectSet("obj_name77a", OBJPROP_XDISTANCE, TXT_left_Margin2); // 左から30ピクセル
ObjectSet("obj_name77a", OBJPROP_YDISTANCE, 160); // 上から20ピクセル
if(Use_News_Filter){
ObjectCreate("obj_name8", OBJ_LABEL, 0, 0, 0);
ObjectSet("obj_name8", OBJPROP_CORNER, 2);
ObjectSet("obj_name8", OBJPROP_XDISTANCE, TXT_left_Margin); // NEWS FILTER
ObjectSet("obj_name8", OBJPROP_YDISTANCE, 45);
ObjectCreate("obj_name9", OBJ_LABEL, 0, 0, 0);
ObjectSet("obj_name9", OBJPROP_CORNER, 2);
ObjectSet("obj_name9", OBJPROP_XDISTANCE, TXT_left_Margin); // NEWS FILTER
ObjectSet("obj_name9", OBJPROP_YDISTANCE, 30);
}
