Water EA
Water EA can use as a tool or a fully automated EA that uses a Grid algorithm together with the RSI indicator to monitor price movements and trades accordingly.
The EA features multi-currency trading. The default settings are provided for trading the following currency pairs: EURUSD M5, GMT + 2
Risk warning:
EA can win at a 100% rate is impossible. Grid mode is high risk. For maximum safety and long term profitability, you should have a good way money management strategy and withdraw your profits as soon as possible.
Recommendations
- EA Settings : Use default settings or set files.
- Time Zone: GMT + 2
- Symbol : EURUSD.
- Time Frame : M5.
- Brokers : ECN brokers, low spread/commission, 1:500 leverage.
- Minimum Deposit : $100 USD.
Parameters
- OMode: Operation Mode (scalper and grid mode)
- SL: Stop loss for Scalper mode
- DSL: Distance for Grid mode
- RSI_Period: RSI Period
- RSI_High: RSI High value
- RSI_Low: RSI Low value
- TrComment: Trade comment
- MagicNumber: Magic Number
- Mslippage : Max slippage to active orders
- MS : Max spread to open an order
- UseMM : Auto lots calculate, true/false
- MinLots : Min lots when Auto lots calculated
- MaxLots : Max lots for an order.
- Risk : Risk percent auto calculate if UseMM on.
- FixedLots : Fix lots UseMM off
- MLot : Lots multiplier if grid mode
- MProfit : Min profit($) for closing orders in Grid mode
- TrS : Trailing start points
- TrT : Trailing step points
- NBar : Minimum number bars for indicator
- MM : Maximum number bars for indicator
- DT : indicator distance points for indicator
If you need further assistance or have any questions related to this EA, please do not hesitate to contact our team at FB group .
Thank you very much for your trust and support!
