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PZ Day Trading EA MT4

0.00

This Expert Advisor trades unverified breakouts of variable periods when the market is orderly and behaves in a predictable way. He
It is focused on short-term trading and relies on the fact that volatility increases by orders of magnitude when the market reaches
previously untested price levels, which allows you to make quick profits or small losses based on expiration
time. The EA works well in orderly markets and suffers on very small timeframes or thinly traded ones
tools. [

The manual
Installation Instructions | Manual
Update Instructions / Troubleshooting
Troubleshooting | FAQ
| All
products ]

  • Stop loss and take profit are set automatically
  • No averaging, no grid, no hedging and no martingale
  • Orders are closed on Friday evening
  • Offers time and session filters
  • NFA-FIFO compatible

Setfiles

  • EURUSD ( D1
    / H4
    / H1
    )
  • GBPUSD ( D1
    / H4
    )
  • USDJPY ( D1
    / H4
    )
  • XAUUSD ( D1
    / H4
    )
  • AUDUSD ( D1
    )
  • USDCAD ( D1
    )
  • USDCHF ( D1
    )
  • NZDUSD ( D1
    )

Don’t be afraid to experiment with different settings depending on the installed files.

Input parameters

  • Trade Direction: Choose whether you want to buy, sell, or both.
  • Trading behavior:
    – Most Breakouts: The EA will trade most of the detected breakouts,
    even outside the predictable range.

    – Detected Ranges: The EA will only trade if it detects a trading range. All transactions will have
    a suitable take profit.

    – Confirmed Ranges: The EA will only trade after confirming the trading range. Less frequency
    a bargain, but more quality.

  • Gap Protection: allow the EA to trade before the weekly or daily gap closes
  • Reverse view: The number of past bars to iterate through in search of suitable ranges. The higher the value, the more, yes,
    less reliable trades there are.

  • Entry Range: The minimum range of bars that you need to break in order to make a trade. A lower value will result in
    increase, but less reliable transactions.

  • Exit Range: The minimum number of consolidated bars required to find a suitable stop loss. Than
    the lower the value, the more transactions.
  • Expiration date: the expiration time of unprofitable trades.
  • Filter: the number of timeframes that the Expert Advisor is looking for to confirm trading levels. The higher the value, the less
    there will, however, be more reliable deals.
  • Break-even: The profit in pips at which the EA moves the stop loss above / below the opening price for the first time. Must have a value.
  • Break-even behavior: After break-even, the SL can be transferred to the opening price or receive a portion of the profit.
  • Trailing Stop: A trailing stop expressed as a% of the current trading profit.
  • Trailing Step: The minimum increase in points for a trailing stop.
  • Trade Asian Session: Enable trading during the Asian session.
  • Trade European Session: the ability to trade during the European session.
  • Trade American Session: Enable trading during the American session.
  • Trade on Monday, Tuesday, Wednesday, Thursday, Friday and Sunday (not applicable if you trade D1)
  • Closing orders on Friday evening: allows you to close orders on Friday evening (not applicable if D1 is trading)
  • Money management behavior: Choose whether the EA should trade a manual lot or automatically calculate the lot size.
  • Risk allocation: the percentage of free margin at risk for each trade, if the capital management is automated.
  • Manual Lot Size: The size of each trade if money management is disabled.
  • NFA / FIFO compliant: Allows you to trade with US brokers or net accounts.
  • Magic Number: The Expert Advisor uses the magic number to determine its trades.
  • Custom Comment: Enter your custom comment for the deals.
  • Slippage: the maximum allowed slippage for trades. Do not set it below 10 points, or it is ignored by the broker.

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[spoiler title=”Read More…”]

This Expert Advisor trades unverified breakouts of variable periods when the market is orderly and behaves in a predictable way. He
It is focused on short-term trading and relies on the fact that volatility increases by orders of magnitude when the market reaches
previously untested price levels, which allows you to make quick profits or small losses based on expiration
time. The EA works well in orderly markets and suffers on very small timeframes or thinly traded ones
tools. [

The manual
Installation Instructions | Manual
Update Instructions / Troubleshooting
Troubleshooting | FAQ
| All
products ]

  • Stop loss and take profit are set automatically
  • No averaging, no grid, no hedging and no martingale
  • Orders are closed on Friday evening
  • Offers time and session filters
  • NFA-FIFO compatible

Setfiles

  • EURUSD ( D1
    / H4
    / H1
    )
  • GBPUSD ( D1
    / H4
    )
  • USDJPY ( D1
    / H4
    )
  • XAUUSD ( D1
    / H4
    )
  • AUDUSD ( D1
    )
  • USDCAD ( D1
    )
  • USDCHF ( D1
    )
  • NZDUSD ( D1
    )
  • Trade Direction: Choose whether you want to buy, sell, or both.
  • Trading behavior:
    – Most Breakouts: The EA will trade most of the detected breakouts,
    even outside the predictable range.

    – Detected Ranges: The EA will only trade if it detects a trading range. All transactions will have
    a suitable take profit.

    – Confirmed Ranges: The EA will only trade after confirming the trading range. Less frequency
    a bargain, but more quality.

  • Gap Protection: allow the EA to trade before the weekly or daily gap closes
  • Reverse view: The number of past bars to iterate through in search of suitable ranges. The higher the value, the more, yes,
    less reliable trades there are.

  • Entry Range: The minimum range of bars that you need to break in order to make a trade. A lower value will result in
    increase, but less reliable transactions.

  • Exit Range: The minimum number of consolidated bars required to find a suitable stop loss. Than
    the lower the value, the more transactions.
  • Expiration date: the expiration time of unprofitable trades.
  • Filter: the number of timeframes that the Expert Advisor is looking for to confirm trading levels. The higher the value, the less
    there will, however, be more reliable deals.
  • Break-even: The profit in pips at which the EA moves the stop loss above / below the opening price for the first time. Must have a value.
  • Break-even behavior: After break-even, the SL can be transferred to the opening price or receive a portion of the profit.
  • Trailing Stop: A trailing stop expressed as a% of the current trading profit.
  • Trailing Step: The minimum increase in points for a trailing stop.
  • Trade Asian Session: Enable trading during the Asian session.
  • Trade European Session: the ability to trade during the European session.
  • Trade American Session: Enable trading during the American session.
  • Trade on Monday, Tuesday, Wednesday, Thursday, Friday and Sunday (not applicable if you trade D1)
  • Closing orders on Friday evening: allows you to close orders on Friday evening (not applicable if D1 is trading)
  • Money management behavior: Choose whether the EA should trade a manual lot or automatically calculate the lot size.
  • Risk allocation: the percentage of free margin at risk for each trade, if the capital management is automated.
  • Manual Lot Size: The size of each trade if money management is disabled.
  • NFA / FIFO compliant: Allows you to trade with US brokers or net accounts.
  • Magic Number: The Expert Advisor uses the magic number to determine its trades.
  • Custom Comment: Enter your custom comment for the deals.
  • Slippage: the maximum allowed slippage for trades. Do not set it below 10 points, or it is ignored by the broker.
  • Trade Direction: Choose whether you want to buy, sell, or both.
  • Trading behavior:
    – Most Breakouts: The EA will trade most of the detected breakouts,
    even outside the predictable range.

    – Detected Ranges: The EA will only trade if it detects a trading range. All transactions will have
    a suitable take profit.

    – Confirmed Ranges: The EA will only trade after confirming the trading range. Less frequency
    a bargain, but more quality.

  • Gap Protection: allow the EA to trade before the weekly or daily gap closes
  • Reverse view: The number of past bars to iterate through in search of suitable ranges. The higher the value, the more, yes,
    less reliable trades there are.

  • Entry Range: The minimum range of bars that you need to break in order to make a trade. A lower value will result in
    increase, but less reliable transactions.

  • Exit Range: The minimum number of consolidated bars required to find a suitable stop loss. Than
    the lower the value, the more transactions.
  • Expiration date: the expiration time of unprofitable trades.
  • Filter: the number of timeframes that the Expert Advisor is looking for to confirm trading levels. The higher the value, the less
    there will, however, be more reliable deals.
  • Break-even: The profit in pips at which the EA moves the stop loss above / below the opening price for the first time. Must have a value.
  • Break-even behavior: After break-even, the SL can be transferred to the opening price or receive a portion of the profit.
  • Trailing Stop: A trailing stop expressed as a% of the current trading profit.
  • Trailing Step: The minimum increase in points for a trailing stop.
  • Trade Asian Session: Enable trading during the Asian session.
  • Trade European Session: the ability to trade during the European session.
  • Trade American Session: Enable trading during the American session.
  • Trade on Monday, Tuesday, Wednesday, Thursday, Friday and Sunday (not applicable if you trade D1)
  • Closing orders on Friday evening: allows you to close orders on Friday evening (not applicable if D1 is trading)
  • Money management behavior: Choose whether the EA should trade a manual lot or automatically calculate the lot size.
  • Risk allocation: the percentage of free margin at risk for each trade, if the capital management is automated.
  • Manual Lot Size: The size of each trade if money management is disabled.
  • NFA / FIFO compliant: Allows you to trade with US brokers or net accounts.
  • Magic Number: The Expert Advisor uses the magic number to determine its trades.
  • Custom Comment: Enter your custom comment for the deals.
  • Slippage: the maximum allowed slippage for trades. Do not set it below 10 points, or it is ignored by the broker.

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[/spoiler]

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