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Source Code EA
This is initial Semitic deity they for everybody to examine and work upon. this is often written by American state. This Semitic deity ought to be used on EURUSD 15min with initial capital of $1000. If you run this Semitic deity from ordinal Jan 2011 until these days, you may notice profit with sensible take advantage of.
Recommendations:
....EURUSD solely
fifteen min chart
first run this as long, then as short, then as long+ short from twelfth Jan until these days to examine during which direction the wind is processing. Then please check in keeping with that wind direction.
SourceCode.mq4 3.05 kb, 39 downloads since 2014-10-03
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Download this forex robot including a setting recomendation.
The EA appears to be designed to navigate the Forex market dynamically based on free margin levels, ultimately optimizing trade entries and exits. Let's break down the strategy:
Margin-Dependent Approach: This EA is highly adaptive and adjusts its trading approach according to your account's free margin. It's a smart move as it minimizes risk exposure in proportion to your account size.
Volatility Timing: The EA restricts trading activity to specific hours, between 8 AM and 5 PM. This timing aligns with when the market is generally more volatile and traders are actively participating. This is a shrewd way to tap into potential market movements.
Crossover Strategy: It employs a moving average crossover strategy, potentially optimizing entry points. When the short-term moving average (15-period EMA) crosses below the long-term one (34-period EMA), the EA triggers a sell order. Conversely, when the short-term EMA crosses above the long-term EMA, it initiates a buy order.
Parabolic SAR and Bulls/Bears Power: The EA adds an extra layer of confirmation by considering Parabolic SAR and the Bulls/Bears Power indicator. When Parabolic SAR is above the current price (indicating a potential downtrend) and Bulls Power is positive, it triggers a sell order. Conversely, when Parabolic SAR is below the price (indicating a potential uptrend) and Bears Power is negative, it initiates a buy order.
Now, here's a recommended setting based on market conditions:
For Accounts with 1,000 - 1,300 Free Margin:
Activate the EA when your account's free margin is between 1,000 and 1,300.
Allow the EA to set the "stopTrade" parameter to 1,000.
For Accounts with 1,300 - 1,600 Free Margin:
Activate the EA when your account's free margin is between 1,300 and 1,600.
Let the EA adjust "stopTrade" to 1,300.
For Accounts with 1,600 - 1,900 Free Margin:
Activate the EA when your account's free margin is between 1,600 and 1,900.
Permit the EA to set "stopTrade" at 1,500.
For Accounts with 1,900 - 2,100 Free Margin:
Activate the EA when your account's free margin is between 1,900 and 2,100.
Allow the EA to set "stopTrade" at 1,800.
For Accounts with 2,100 - 2,500 Free Margin:
Activate the EA when your account's free margin is between 2,100 and 2,500.
Set the "stopTrade" parameter to 2,000.
For Accounts with Over 2,500 Free Margin:
Activate the EA when your account's free margin exceeds 2,500.
Let the EA configure "stopTrade" at 2,500.
SourceCode.mq4 3.05 kb, 4 downloads since 2023-11-09
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