Gap and Trail EA

$5.00

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

Verified Purchase

INSTANT DOWNLOAD!

Price: $5.00

Expert: Gap and Trail 2.8_fix.ex4 (Unlocked), Presets: MT4_Alpari_AUDUSD_2019_06_30.set, MT4_Alpari_EURUSD_2019_06_30.set, MT4_Alpari_GBPJPY_2019_06_30.set, MT4_Alpari_GBPUSD_2019_06_30.set, MT4_ICMarkets_AUDUSD_2019_06_30.set, MT4_ICMarkets_EURUSD_2019_06_30.set, MT4_ICMarkets_GBPJPY_2019_06_30.set, MT4_ICMarkets_GBPUSD_2019_06_30.set, Document: Options.txt.

 

 

Features of the Trading Strategy

This robot is designed to capitalize on market gaps, which commonly occur after weekends or holidays. Statistics show that most gaps close, meaning the price typically returns to the starting point of the gap. The robot opens trades in the direction of gap closure, and for each trade, it calculates individual goals based on market conditions.

Key Features:

  • Trailing Stop: The robot uses a trailing stop mechanism, following the extremes of the formed candles, which helps minimize trading risks.

  • Adaptive Money Management: The robot features flexible money management, adjusting trades based on accumulated volumes and allowing reinvestment of profits, making the strategy safe and efficient.

  • Rare but Accurate Trades: Gaps generally occur infrequently on major currency pairs, typically 2-4 times per month. However, when they do occur, the robot opens accurate trades with increased volume for optimal efficiency.

  • Long-Term Stability: Testing on real account quotes with Alpari broker over 3-5 years showed excellent results.

    • EURUSD: $30,000

    • GBPJPY: $217,000

    • GBPUSD: $98,000

Settings:

  • Magic Number: Unique identifier for each order.

  • Language: Robot messages in either English or Russian.

  • Trading Days: Configure allowed trading days (Monday or All Days).

  • Money Management: Automatic capital management (Yes/No).

  • Lot Size Magnification: Factor that adjusts lot size based on available funds.

  • Gap Size: Minimum gap size required to trigger a trade (in points).

  • Take Profit Coefficient: Proportion of the gap used to calculate take profit (0.2–1.0).

  • Stop Loss: Initial stop loss value in points.

  • Spread Control: Option to control the spread before opening an order (Yes/No).

  • Maximum Spread: Maximum acceptable spread for opening trades when spread control is enabled.

Recommendations for Use:

  • Broker Requirements: The robot is compatible with any account but works best with accounts offering 5-digit quotes, low spreads, and fast execution. A leverage of 1:500 is preferred.

  • Spread Control: If using floating spreads, configure the “To Control the Spread” parameter to ensure trades are only opened when the spread is below an acceptable level (defined by Maximum Spread).

  • Broker Compatibility: The robot performs well with brokers offering fixed spreads of 10–30 points. Optimization might be necessary when switching brokers, especially with increased spreads.

  • Set-Files: Optimization is typically unnecessary, but if switching brokers, set-files may need adjustments. Details will be provided upon request.

Scroll to Top