Scalping is a high-risk strategy, as it involves trading at short intervals. And on short inter
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NorthEastWay MT5
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An automated Expert Advisor that trades on a strategy based on the breakdown of support and resistance levels.
The Expert Advisor has an innovative signal filter and an adaptive trailing stop.
Always sets Stop Loss and Take Profit to protect the deposit.
The EA does NOT use: arbitrage, martingale, grid and similar strategies.
Recommendations
- Symbol: “XAUUSD”.
- Timeframe: H1;
- Minimum deposit: $100;
- Account type: ECN.
Parameters
- Expert Magic Number – the identification number of the Adviser’s order;
- Fractal Distances – minimum distance between fractals;
- Bars Trail Stop – the number of bars that are used to determine the “Stop Loss” level (from 1);
- Money Management:
- Fixed Lot– trading with a fixed trading volume;
- Fixed Risk– trading with fixed risk;
- Fixed Margin– trading with a fixed margin;
- Size Optimized – trading with optimized trading volume;
- Percent – risk as a percentage (1 = 1%);
- Fix ed Lot – fixed lot;
- Opening ratio – order opening coefficient, value from 0.01 to 1;
- Stop loss ratio – stop loss ratio, value from 0.01 to 1;
- Take profit ratio – take profit ratio, value from 0.01 to 1.
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Always sets Stop Loss and Take Profit to protect the deposit.
The EA does NOT use: arbitrage, martingale, grid and similar strategies.
The EA does NOT use: arbitrage, martingale, grid and similar strategies.
Recommendations
- Symbol: “XAUUSD”.
- Timeframe: H1;
- Minimum deposit: $100;
- Account type: ECN.
Parameters
- Expert Magic Number – the identification number of the Adviser’s order;
- Fractal Distances – minimum distance between fractals;
- Bars Trail Stop – the number of bars that are used to determine the “Stop Loss” level (from 1);
- Money Management:
- Fixed Lot– trading with a fixed trading volume;
- Fixed Risk– trading with fixed risk;
- Fixed Margin– trading with a fixed margin;
- Size Optimized – trading with optimized trading volume;
- Percent – risk as a percentage (1 = 1%);
- Fix ed Lot – fixed lot;
- Opening ratio – order opening coefficient, value from 0.01 to 1;
- Stop loss ratio – stop loss ratio, value from 0.01 to 1;
- Take profit ratio – take profit ratio, value from 0.01 to 1.
- Symbol: “XAUUSD”.
- Timeframe: H1;
- Minimum deposit: $100;
- Account type: ECN.
- Expert Magic Number – the identification number of the Adviser’s order;
- Fractal Distances – minimum distance between fractals;
- Bars Trail Stop – the number of bars that are used to determine the “Stop Loss” level (from 1);
- Money Management:
- Fixed Lot– trading with a fixed trading volume;
- Fixed Risk– trading with fixed risk;
- Fixed Margin– trading with a fixed margin;
- Size Optimized – trading with optimized trading volume;
- Percent – risk as a percentage (1 = 1%);
- Fix ed Lot – fixed lot;
- Opening ratio – order opening coefficient, value from 0.01 to 1;
- Stop loss ratio – stop loss ratio, value from 0.01 to 1;
- Take profit ratio – take profit ratio, value from 0.01 to 1.
- Fixed Lot– trading with a fixed trading volume;
- Fixed Risk– trading with fixed risk;
- Fixed Margin– trading with a fixed margin;
- Size Optimized – trading with optimized trading volume;
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Key Features of Algorithmic Trading Software
18 November 2021
1.0
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