PIRATE ONE EA

PIRATE ONE EA

$9.00

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: $9.00    

Expert: Pirate One 1.6_fix.ex4 (Unlocked), NO MANUAL.

 

Expert Advisor for Low Volatility Trading After the US Session

This Expert Advisor (EA) is designed to trade during periods of low market volatility, specifically after the US trading session ends. It tracks key price levels using multiple indicators before opening positions. Once trades are opened, the EA monitors them closely, aiming to close with a profit or, if necessary, a small loss.

Key Features:

  • No Martingale or Averaging: The EA does not use risky strategies like martingale, averaging down, or waiting to recover losses.

  • Flexible Take Profit: Positions can be opened with a fixed or virtual Take Profit.

  • Dynamic Lot Sizing: Optionally increase position sizes dynamically based on successful trading results.

  • Custom Risk Management: Risk, Take Profit, and Stop Loss settings can be adjusted separately for each currency pair to optimize performance.

Recommended Currency Pairs:

  • Primary: EURCHF, EURGBP, GBPUSD

  • For Testing: CHFJPY, EURAUD, USDCAD

Important: Avoid trading multiple correlated pairs simultaneously. Start with one well-tested, optimized pair using small risk or fixed lots to familiarize yourself with the strategy. Increase risk and add more pairs only after consistent satisfactory results.

Trading Timeframe:

  • Best suited for the M15 (15-minute) timeframe.

Account Requirements:

  • Use ECN accounts with five-digit quotes and moderate spreads for optimal results.

Input Parameters Explained:

  • USING: Choose whether to trade with risk percentage or fixed lot size.

  • RISK: Percentage of available funds to risk per trade (when using risk mode).

  • LOT: Fixed lot size (when using fixed lot mode).

  • RISK/LOT: The chosen mode between risk-based or fixed lot.

  • WHAT_TP_TO_USE: Select whether Take Profit is virtual or real.

  • TAKE_PROFIT: Set Take Profit value in points.

  • STOP_LOSS: Set Stop Loss value in points.

  • LOSING_TRADE: Number of losing trades allowed before the EA stops trading (0 to disable).

  • MAX_SPREAD_OPEN: Maximum spread allowed to open new positions.

  • MAGIC_NUMBER: Unique identifier for the EA’s trades.

  • SLIPPAGE: Maximum allowed slippage for trade execution.

  • CLOSING_TIME_OF_THE_IDLE: If enabled, closes positions that remain open without hitting TP for a long time; if disabled, positions close only by TP or SL.

  • FILTER_SWAP: Swap filter options:

    • DISABLED – no swap filter

    • TRIPLE – avoids trades during Wednesday-Thursday negative swap periods

    • FULL – blocks trades if the swap is negative permanently

  • DEALS_ON_THE_BAR: Allows multiple trades within one bar.

  • TIME_PERIOD_BAR: Bar period for trades.

  • USE_A_SOUND: Enable or disable sound notifications for events.

  • START_TRADING: Hour to start trading.

  • STOP_TRADING: Hour to stop trading.

Notes:

  • The swap filter applies only if trading start time is set before midnight (00:00).

  • The EA works best on EURCHF, EURGBP, and GBPUSD pairs on the M15 timeframe.

  • Begin with one pair at a small risk or fixed lot to learn the trading process before scaling up.

This Expert Advisor offers a disciplined, low-risk approach to trading quiet market periods with carefully monitored entries and exits—ideal for traders looking to build steady profits without aggressive risk tactics.

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