The SFE Price Action Expert Advisor diversifies its trading operations, working on 15 pairs and 4 timeframes and using various trading systems. This increases the chances of sustained growth and reduces the impact of a single pair or specific trades. The risk is tightly controlled.
The robot is based on its own price action rules. Does not use hedging, martingale, grid and other risky strategies (for example, saving losing trades).
Deep knowledge of trading is not required. The settings are very simple and do not need to be changed. Optimization is also not necessary. There is also no need for alerts that warn you when to turn on the Expert Advisor. Due to the high level of diversification and low risk, the Expert Advisor can trade constantly.
The Expert Advisor can independently adjust its work. Instead of searching for values that match the historical prices on each pair, the Expert Advisor uses values that are effective on all pairs, which increases the likelihood of good results on future price movements.
The 10-year testing period and more than 2.5 years of use in the real market (since mid-2014) prove the Expert Advisor’s excellent adaptability to any market behavior (trend or flat). The robot bases its advantage on intraday volatility, which often occurs independently of the prevailing trend.
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It does not need complex trading conditions or high execution speed, works with any broker (ECN account is recommended) and does not consume excessive computing resources. All recommended pairs and timeframes are managed from only four charts.
The EA works on the following pairs: EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, EURGBP, NZDUSD, EURAUD, EURJPY, GBPJPY, AUDJPY, USDCAD, AUDCAD, EURCAD and XAUUSD and on the timeframes: M5, M15, M30 and H1.
The minimum recommended balance for the EA (when used on the recommended pairs and timeframes) is $ 1000.
- Broker_Server_GMT_Winter. Offset of the broker’s server time during the winter period.
- Broker_Adapt_GMT_On_DST_Period. Set yes if your broker is switching to daylight saving time.
- Broker_Symbols_Suffix_Name. Enter ONLY the suffix if the broker uses it in the symbol name.
- Autolot_Apply. Set yes if you want to determine the volume of transactions yourself.
- Autolot_Risk_Level. Risk level.
- Autolot_Balance_Percentage. Percentage of the account balance to be used in the transaction (0-100%).
- Fixed_Order_Size. Order volume (if Autolot_Apply is not selected).
- Disable_Day. Disable opening of transactions on the specified day (1-Monday, 5-Friday, separated by semicolons (;))
- Single_Chart_Mode. When you enable the parameters, you only need to select one chart for each timeframe (M5, M15, M30, and H1). EURUSD is recommended.
- Single_Chart_XX_Pairs. A list of pairs traded on each timeframe. Use a semicolon (;) as the separator.
- Order_Comment. Comment on the order.
- Special_Symbol_Name. Enter the names of the characters (only if the expert can’t identify the characters, even using the suffix).
- Track_Orders. 1-track the conditions for opening trades in the file (for real trading).
- Use_Reversal_Trades. 0-disable the reversal trading system.
- Friday_Close_Trades_Hour. The closing hour of trades on Fridays (0-23). At -1, the trades are not closed.
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