WindExpansion MT5 forex news alerts

WindExpansion MT5 forex news alerts 2.23

No permission to download
WindExpansion is a fully automated solution to get a smart edge type from the market: it will enter when the "smart money" is starting to heavy push the market (after accumulation/distribution phases that form tiny ranges) and volume is expanding due big interest to sustain the price caused by psychological buying/selling pressure; when this situation happens many traders will try to fade the move but "big dogs" will be stronger and collect profits by the crowd; when the opposite situation happens it will implement some great trade management techniques that allow locking-in profit as soon as possible.

Technical details​

WindExpansion open two trade at once, the first with fixed target profit and the second is simply trailed all along the moves; it always uses tiny stop loss and try to ride big moves while it lock-in your profits (as soon as possible) until target is reached; it use only genuine trade/money management concepts.
This EA will open trades at the open of new candle and it takes advantage from two expansion levels that happen on two different time frame (M30 and H1) with 4 different set files for each time frame; each set file will work to take a portion of the move (as you probably know the market has many dimensions) from smallest to the largest move to improve its edge over different move types in fact it implement 4 different risk:reward figure in its set files (1:0.5, 1:1, 1:2, 1:3). You can notice that while the first set file work much like a scalper, the other three set files will work like a big "pips-catcher". The algo is fully optimized (walk forward optimization type with progressive out-of-the sample periods to avoid curve fitting risk) to work with the most liquid and followed pair: EurUsd.
can be a great solution for traders who want to maintain a reliable edge and get a restful night of sleep.

Main features​

  • There is no martingale or grid, nor any other dangerous methods! It is impossible to cheat the market IT IS PROVEN!
  • Although it isn't broker-dependent, a reliable broker (low spreads, speedy execution, etc..), will help you achieve better results
  • You can open up a range of trades, ranging from 2 to 16 depending on your expansion strength.
  • This program runs in two different time frames (M30, H1) and has 4 set files per TF for expansion in multi-dimensional or multi-amplitude fashion.
  • Professional trade management that lock-in and protect your pips as a stalker!
  • Optimizable to other pairs
  • Automatically adjusting for 4-5 digits

Main parameters​

  • Show_infoPanel - Enable/Disable the information dashboard
  • extension_lvl Minimum (in pips), expansion of the candle
  • expansionLvl_limit - maximum (in pips) expansion of the candle
  • expansion_Period - period of (price based) dynamic indicator
  • expansion_strength - a factor to measure the specific breakout's power
  • Trigger_hunting Enable/Disable the Pending Orders Mode
  • th_fix –number/behind of the expansion candle for setting the pending orders
  • th_dynamic - a percentage factor (calculated on the expansion candle) to set the pending orders
  • expiry_number_of-bars -number_of-bars after which any pending orders are deleted
  • use_XYStop - enable/disable a time stop for the trades and select an advanced mode for the time stop based
  • XY_Timefactor - the number of bars after which trades will be closed based on the "use_XYStop" selected mode
  • dynamic_SL/dynamic_TP - dynamic factor to set stop loss/take profit (for TP it work only if TP_lvl=O)
  • TP_lvl/Trailing_lvl take profit and trailing stop in pips
  • minSL_lvl/maxSL_lvl: Minimum and Maximum (absolute), Stop Loss (in Pip)
  • Riskoffset- Level (in pips), at which EA will trail stop loss to the "lock_pips” level
  • lock_pips - level (in pips) of profit locked-in
  • AggressiveMM - it will enable/disable and select a mode to have an Aggressive money management type (soft/hard)
  • hard_factor - a multiplier factor to increase the lotsize when "hard" mode is selected (martingale MM)
  • Trading_only_News - it will enable/disable the opportunity to trade the strategy only in the news events periods
News forex ea
First release
Last update
0.00 star(s) 0 ratings

More resources from News forex ea