The Spyke Ley is an Expert Advisor (EA) that detects a change of trend based on the indicators Stochastic Oscillator and Moving Average. This EA is designed to trade all currency forex-assets, metal, commodities, Volatility Indices, with and against spikes on the Boom and Crash Indices. Additional analysis techniques implemented for an active trade to flow with the trend.
Spyke Ley Expert Advisor Recommended Guide lines
Input Settings:MagicNumber - (Unique number per chart e.g 34505)
XAUUSD - 4 Hour ChartLots size - 0.01 (Depending on your equity). Minimum balance USD500.StopLoss - 0TakeProfit - 200TrailingStop - 50
MAPeriod - 140
Long/Short Direction- All-tradesEURUSD - 4 Hour ChartLots size - 0.01 (Depending on your equity). Minimum balance USD100.StopLoss - 200TakeProfit - 10 0TrailingStop - 2 0MAPeriod - 5 0Long/Short Direction- All-trades
GBPUSD - 4 Hour ChartLots size - 0.01 (Depending on your equity. Minimum deposit USD200.)StopLoss - 10 0TakeProfit - 5 0TrailingStop - 0MAPeriod - 10 0Long/Short Direction- All-trades
BOOM 500 INDEX - 4 Hour ChartLots size - 0.2 (Depending on your equity). Minimum balance USD1000.StopLoss - 60 000TakeProfit - 21000 0TrailingStop - 10000MAPeriod - 60Long/Short Direction- All-trades
BOOM 1000 INDEX - 4 Hour ChartLots size - 0.2 (Depending on your equity). Minimum balance USD1000.StopLoss - 1000 000TakeProfit - 0TrailingStop - 500 00MAPeriod - 100Long/Short Direction- All-trades
CRASH 500 INDEX 4 Hour ChartLots size - 0.2 (Depending on your equity. Minimum balance USD300.StopLoss - 80000TakeProfit - 80 000TrailingStop - 800 00MAPeriod - 50Long/Short Direction- All-trades
STEP INDEX - 4 Hour ChartLots size - 0.1 (Depending on your equity). Minimum balance USD1000.StopLoss - 1000TakeProfit - 1000TrailingStop - 500MAPeriod - 60Long/Short Direction- All-trades
VOLATILITY 75 INDEX - 4 Hour ChartLots size - 0.001 (Depending on your equity). Minimum balance USD1000).StopLoss - 50000 00TakeProfit - 50000 00TrailingStop - 0MAPeriod - 60Long/Short Direction- All-trades
VOLATILITY 75 (1s) INDEX - 4 Hour ChartLots size - 0.005 (Depending on your equity). Minimum balance USD300).StopLoss - 210000TakeProfit - 11 0000TrailingStop - 1 00000MAPeriod - 100Long/Short Direction- All-trades
NB: Performing an optimized strategy test first, will help you get the best settings for your favorable risk strategy.
#EURUSD#GBPUSD#XAUUSD(GOLD)#Boom#Crash#Volatility (vix)#Step Index