Expert Trading Strategy Overview

This Expert Advisor (EA) is designed for low-volatility market conditions, primarily after the end of the American trading session. It tracks price levels across multiple indicators and opens positions based on this analysis. Positions are closed either with a profit or, if the NOISE_FILTER function is enabled, with a small loss. If the NOISE_FILTER is not used, positions will close based solely on Take Profit and Stop Loss settings.

Key Features:

• No Martingale Strategy: Does not average down or wait for losses before opening new positions.

• Fixed Take Profit & Stop Loss: Positions can be set with both fixed and virtual Take Profit and Stop Loss levels.

• Dynamic Lot Sizing: Adjusts position sizes based on successful trading, allowing for increased volume as trades succeed.

• Risk and Profit Customization: The size of Risk, Take Profit, and Stop Loss should be optimized for each currency pair individually.

Recommended Trading Pairs:

• Primary Pairs: EURCHF, EURGBP, GBPUSD.

• Testing Pairs: CHFJPY, EURAUD, USDCAD.

Note: Do not trade all pairs at once, especially those that are highly correlated. Start with one optimized pair and a small risk, then increase risk as you gain confidence in the trading process.

Account Requirements:

• Account Type: ECN accounts with five-digit quotes and moderate spreads are recommended.

Trading Time and Settings:

• Chart Timeframe: M15.

• Default Start Time: 22:00 GMT in winter, 21:00 GMT in summer.

• Trading Window: Adjust your trading start time based on market conditions, such as using 23:55 for lower spread and increased risk.

You can check your trading time and conditions here: timeskaner.ru.

Options for Customization:

• USING: Select between risk-based or fixed lot trading.

  • RISK: Risk percentage of available funds.

  • LOT: Fixed lot size.

• WHAT_TP_TO_USE: Choose between Virtual or Real Take Profit settings.

  • VIRTUAL: Virtual Take Profit.

  • REAL: Real Take Profit.

• TAKE_PROFIT: Set the Take Profit level (in points).

• STOP_LOSS: Set the Stop Loss level (in points).

• MAX_SPREAD_OPEN: Defines the maximum spread allowable before opening a position.

• MAGIC_NUMBER: Assign a unique identifier for the EA’s positions.

• SLIPPAGE: Set the maximum allowable price slippage before triggering orders.

• NOISE_FILTER: Activate to filter out market noise and reduce unnecessary trades.

• START_TRADING: Set the start time for trading.

• STOP_TRADING: Set the end time for trading.

Recommendation for Best Performance:

Before going live, test the EA on a demo account with minimal risk. Once familiar with the system, you can increase the risk level and add more pairs.