Force MT5
- Experts
- Ervand Oganesyan
- Version: 1.3
- Updated: 18 April 2024
- Activations: 10
Expert advisor for trading EURGBP. The logics coded into EA is applicable both for EURGBP and other European pairs like EURUSD, GBPUSD, USDCHF.
--
Features
- Symbol: EURGBP
- Timeframe: M5
- Any account type, any broker
- Trade frequency: about 2 trades per week
- One trade at a time only
- Equal stop loss and take profit for each trade
- Dynamic lot calculation, min and max allowed lot size are user-defined
- Deposit of 300-500 usd
--
Set up
- Launch the bot on M5 EURGBP
- Set unique magic number
- Make sure time zone settings are correct, the defaults are valid for most brokers
- Set comfortable max allowed lot size
- The rest of the settings can be left at their defaults, the EA is ready to trade
--
Backtesting
The EA trades on candle closure and may be tested with "Open prices only" mode which is much faster than "Every tick" with essentially same results. It is optimized for EURGBP, but testable and tradable on other European pairs like EURUSD, GBPUSD, USDCHF.
--
Send a private message for any questions on EA work, installation and settings.