Block Friday
- Experten
- Komang Putra Riswanjaya
- Version: 1.3
- Aktualisiert: 24 März 2024
- Aktivierungen: 5
This Expert Advisor designed for traders seeking a steady and reliable approach to the market. This EA adopts a strategic methodology by analyzing the market trend on a weekly basis, ensuring well-informed trading decisions.
This EA has passed a 5++ year backtest
Key Features:
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Weekly Market Trend Analysis: block Friday employs a robust algorithm to analyze the market trend on a weekly basis. This strategic approach allows traders to make informed decisions based on the broader market context.
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Once-a-Week Trading: The EA is programmed to execute one optimized trade per week on friday, providing a disciplined and patient trading strategy.
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Stop Loss and Take Profit: block Friday integrates a precise stop-loss and take-profit mechanism to manage risk and capitalize on potential market movements.
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Multiple Operations on Stop Loss: In the event of reaching the stop-loss level, the EA intelligently initiates multiple operations, adapting to market conditions and optimizing potential profits.
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Money Management: The EA incorporates advanced money management techniques, allowing traders to customize lot sizes based on their risk tolerance and account size.
Parameters:
- Magic Number : Order identity
- Slippage : -
- TARGET_DAY : market analysis based on target day
- OPEN_DAY : market open based on open day
- MIN_RANGE_OP : minimum range allowed to open order
- SL_SCENARIO : use switch scenario when OP hit by stoploss
- STOPLOSS_TOLERANCE : added tolerance to stoploss
- TAKEPROFIT_BASE_POINT : range profit based on candle.
- LOT_MANAGEMENT_PERCENT : Use money management every time you make a transaction. For example, if it contains the value '1' then each loss transaction will lose 1% of the balance.
- LOSS_LOT_MULTIPLE : when order hit by stoploss, lot for next order will multiple
- USE_HIGHEST_BALANCE : if set true, Money management calculations will take from the highest balance.
Note : we have a best setting ever for some pair we have backtested this EA. you can access this setting in this url : (https://drive.google.com/drive/folders/1a4biDh7UqP8SM1xLJKqaUgzHjNKXxyOi?usp=sharing)