This EA trades according to trends (NO scalping, NO martingale)
The starting base of operations is the surpassing of maximum or minimum values in the price of the last 24 hours.
Then verify that the price is above the average of 6, smoothed method applied to high to buy and to low to sell.
Next, we verify that the trend cannot be ending by checking the level of variation with the latest highs and lows.
Finally, use various calculations and indicators to validate the trend.
Despite its complexity, detecting trends is not always the greatest difficulty, it is also necessary to know when to close the operation.
In this case, the success of the EA is supported by the progressive adjustment of the ‘Stop Loss’ according to the advance of the price and the adequate definition of the ‘Take Profit’.
This EA has been developed according to a 4-hour periodicity (H4) and is adapted to a specific currency: XAU / USD (GOLD). Its use is not recommended for other periods or currencies.
This EA has been developed according to a 4-hour periodicity (H4) and is adapted to a specific currency: XAU / USD (GOLD). Its use is not recommended for other periods or currencies.
This robot is fully automatic, you just need to configure the following startup parameters, but, it is recommended to keep the default values:
[spoiler title=”Read More…”]
- Percentage of balance per transaction (default value= 2)
- Minimum lots per trade (default value=0.01)
- Maximum lots per trade (default value =10)
- Lots with decimals – indicate decimals: 0,1,2 (default value=2)
- Limit spread to trade (default value=25)
Fully operational version.
[/spoiler]