This EA is equipped with a contrarian strategy specialized for 5-minute US Dollar/Yen (USDJPY). It combines various indicators such as RSI, MACD, and Bollinger Bands, and enters only when the conditions are met. The main features are as follows. First, it judges the direction using a unique moving average line. ■Conditions for buying entry A buy entry is made when all of the following conditions are met: the MACD crosses below the signal line, suggesting a short-term downtrend, the price is below the Bollinger band, and the price is temporarily pushed down. In an oversold situation, the price is likely to be near the temporary bottom, which is the timing for a rebound. ■Conditions for selling entry A sell entry is made when all of the following conditions are met: the MACD crosses above the signal line, suggesting a short-term uptrend, the price is above the Bollinger band, and the price is temporarily overextended. In an oversold situation, the price is likely to be near the temporary ceiling, which is the timing for a rebound. This EA can handle both range and trend markets. In range markets, you trade on rebounds according to the entry logic above, and in trend markets, you can participate in the trend without missing out. The main feature is that you can flexibly find entries according to the market environment.
Total Profit
1,103
