Not Grid! No martingale! Manual adjustments are not required Each trade is stop-loss protected.
The Expert Advisor trades only at night for a short period of time at the end of the New York session.
The EURUSD has low volatility and it enters trades using indicator data. It uses dynamic stop-losses and take-profits, which are also set according to the indicators. Additional losses can be reduced by using a safe mode that uses Bollinger Bands.
The trading behavior of the Expert Advisor can be seen on the signal: https://www.mql5.com/en/users/ugur-edin/seller
The Expert Advisor trades only at night for a short period of time at the end of the New York session.
The EURUSD has low volatility and it enters trades using indicator data. It uses dynamic stop-losses and take-profits, which are also set according to the indicators. Additional losses can be reduced by using a safe mode that uses Bollinger Bands.
The trading behavior of the Expert Advisor can be seen on the signal: https://www.mql5.com/en/users/ugur-edin/seller
Principal parameters
- Custom Magic - unique magic number to identify the Expert Advisor and currency pair
- Custom Comment - comment to trades
- Maximum allowed spread
- Maximum allowed slippage - maximum allowed slippage
- Use dynamic Money Management - automatic lot size definition
- Risk- The risk of losing 10% or more equity.
- Max Lot-Size - maximum lot size per trade.
- Use only fixed Lot-Size - Fixed lot size if Dynamic Money Management is off
- Safety Mode Use Bollinger Bands in order to minimize possible losses
- Is New York in DST - set to true if New York moved to Daylight Saving Time (Spring). Set false otherwise (in winter).
- GMT Offset in Hours in Hours - when testing on the history of the author the GMT calculation is not possible, so this parameter must still be set manually for more effective testing
- Optimization Valu: Values to optimize EA behavior. We will publish new values as market conditions change. Please do not change them yourself.