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Royal Dutch Skunk

ROYAL DUTCH SKUNK USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT.

AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES.

IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT.

USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES

WHY THIS EA :

  • Smart entries calculated by 6 great strategies
  • The EA can be run on even a $20000 account Or 20000 CENT

INFO:

  • The entries are not a lot but those are smart entries with lower risk

Features :

  • Currency pairs: XAUUSD,GOLD
  • Timeframe: H1
  • Minimum deposit: $20000 or 20000 Cent
  • Minimum volume step: 0.01 lot
  • Quotes: five-digit
  • Leverage:
  • Average position holding time: 3 day
  • Maximum position holding time: up to 10 days
  • Maximum number of positions per pair: up to 20

Parameters :

TREND SIGNAL

  • EMA_Period : EMA Period
  • ADX_Period : ADX Period
  • Period_Time_ADX : Period Dynamic ADX Level
  • BB_Period : Bollinger Bands Period
  • BB_Deviations : Bollinger Bands Deviations
  • Envelopes : Envelopes Period
  • Envelopes_Deviation : Envelopes Deviation

SIGNAL ORDER

  • Force_Index : Force Index Period
  • Force_Level : Force Level

MANAGEMENT VOLUMES

  • Period_Dynamic_Range_OBV : Dynamic Range 

    On-Balance Volume (OBV)

MONEY MANAGEMENT SETTING

  • LOT_Divided : Lot Size Calculator
  • TP :Take Profit
  • Nearby_PIP : Pip Step
  • Martingale : involves doubling up on losing bets and reducing winning bets
  • Maximum_Drawdown : Maximum Drawdown
  • MAX_Order : Max Order
  • Trailing_Start : is a measure of price movement
  • Trailing_Step : is a measure of price movement
  • Trailing_Stop : an order type designed to lock in profits or limit losses
  • Magic Start : Magic Number

*** WARNING : MY PRODUCTS ARE AVAILABLE ONLY IN THE MQL5 MARKET.

IF YOU SEE THEM SOMEWHERE ELSE THOSE ARE FAKE; BE AWARE OF SCAMS.

*** WARNING: WHEN USING MULTICURRENCY TRADING, MAKE SURE YOU CHANGE IDENTIFIER AND MAGIC ! ALSO, YOU CAN NOT TEST THE ROBOT IN THE SAME TERMINAL WHERE THE ROBOT IS ALREADY TRADING!



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Version 1.10 2024.05.11
Update: Royal Dutch Skunk V.1.10
Change the time frame from 1 hour to 15 minutes.
Change the default settings.
Update Dynamic ADX.
Update Dynamic OBV.
Update Dynamic AO.
Version 1.9 2023.09.28
-Update default settings.
-Change trading algorithm.
- Update Awesome Oscillator indicator.
Version 1.8 2023.09.16
-Change trading algorithm.
-Update default settings.
Version 1.7 2023.09.01
-Up date time setting mode.
-Up date time setting mode.
Version 1.6 2023.08.23
-Change trading algorithm.
-Update default settings.
Version 1.5 2023.08.21
-Update default settings.
-Edit new order settings.
-Fixed new trading orders.