This is a trader with a well defined trading algorithms. A well designed trading system for trade diversification among trading pairs . It consist of two (2) strategies . Each strategy uses the same indicators to open positions. But the first strategy only open BUY POSITION whíle the second strategy only open SELL POSITION. Théy use different magic number. Stop loss and Profit target are provided for every trades opened by all these strategies. Any open trade is also trailed by inbuilt trailing setup.
Recommendations
Pair - EURUSD, USDJPY, GBPUSD, GBPJPY, AUDUSD, USDCAD, USDCHF, EURGBP, AUDCHF, AUDJPY, NZDUSD, AUDCAD.
Timeframe - 1 hour
Low spread brokers
Requirement
VPS that is available 24/7
Minimum initial Balance - $100
low spread
Input Parameters
- Take ProfitD - Profit target for every buy trade of the first strategies.
- Stop LossD - Stop loss for every buy trade of the first strategies.
- Take Profit E- Profit target for every buy trade of the second strategies.
- Stop LossE - Stop loss for every buy trade of the second strategies.
- bBBpe - Value of Period of Bollinger band indicator of Indicator of the first strategy for buy position
- sBBpe - Value of Period of Bollinger band indicator of Indicator of the first strategy for buy position
- bBBpee - Value of Period of Bollinger band indicator of Indicator of the second strategy for sell position
- sBBpe e - Value of Period of Bollinger band indicator of Indicator of the second strategy for sell position
- Display_EA_Name - if set true, dashboard of the EA is displayed.
- Magic_Number - trade identification number,
- UseMoneyManagement - if true , the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below;
- FixedLots - Fixed trading volume for every open positions;
- MaximumRisk - percentage of initial deposit to be used in opening a single trade;
- DecreaseFactor - value used in calculating the next trading lot if the previous trade is a loss trade. The higher the value, the lower the next trading lot;
- ST_MaximumTolerantSpread - maximum value of spread for opening any trade. NOTE THAT THE EA DOES NOT AUTO DETECT IT FOR 5 DIGIT QUOTE. YOU SET YOUR MAXIMUM VALUE
Fell Free to ask any question about the EA.
- ClosePositionOnFriday - if set true all the open positions will be closed on Friday night
