EA Features
Logic details of this EA
The trader uses a combination of daily and 4-hourly MACD charts to determine trends, and RSI as the primary entry logic, targeting pullbacks and rebounds in line with long-term trends. To mitigate potential trend reversals, the trader also includes logic that postpones entries if the market is deemed overbought or oversold, allowing for relaxed, unattended trading. It can be used for single-currency or simultaneous multi-currency trading. With active mode on or multiple currencies at once, the expected monthly return is over 100%! For stable trading, set the 15-minute chart and active mode off to minimize losses even in turbulent markets. Backtesting has verified operations from 2015 to March 31, 2023, with no losses observed. It is generally recommended to turn off the indicator when important indicators are announced (active on from 10:00 AM to 3:00 PM, active off from 4:00 PM to 2:00 AM). By adjusting the trading mode to reflect volatility, you can achieve high profitability and efficiency.
About the options of this EA
This EA can be run with the default settings (no settings), but since individual investment thinking varies, we have included several setting options so that it can be used by a wide range of traders.
- Active Mode: If you want to achieve a high profit margin, turn on Active Mode to increase the number of entries and aim to earn even more profit.
- Judgment time frame (5 minutes or 15 minutes) By setting two types of judgment time frames, you can choose high profits or stability even with the same logic.
- Setting profit take pips You can set your preferred profit take pips.
- It is possible to set the initial SL value and stop loss value.
- Entry/Deferred Spread
- Nanpinning rate setting You can set the nanpinning rate as you like.
- Maximum number of nanpins It is possible to set the maximum number of nanpins.
- Trail setting Trail start width and trail width can be set as desired.
Recommended Settings
Funds under 100,000 yen (operation in cent account) Funds over 100,000 yen (standard account) 0.01 lot per 100,000 yen, less than 10 currencies, 1.3-1.5x napping ratio, stop loss setting is optional due to napping specifications. It tends to be less compatible with currency pairs with wide spreads such as Swiss francs and Bitcoin.
