Multicurrency MT5
- Experts
- Nabil Lachhab
- Version: 1.0
- Activations: 10
The Multicurrency trend EA is based on combining multiple forex pairs to find the overall trend direction. It is a daily strategy which is crucial in terms of minimizing the trading cost and the noise in the market due to frequently trading.
This EA provides full transparency as it gives the user access to all possible setting parameters
This EA does not use any martingale and/or grid functionalities. Please behave responsible with your trading funds and only use money that you can afford to lose. Have fun testing and trading :)
The backtests shown in the screenshots were done with the settings provided below and using the last 5 years history date for the pairs EURUSD, GBPUSD and EURAUD.The setting for this EA used to get the results published is shown in the screenshots
Very important remark:
For all who wants a GET RICH QUICK KIND OF EXPERT ADVISOR I have to disappoint you as such EA does not exists or is a scam
<General Settings>
Magic Number: This number should be unique for every EA in your account since the EAs use it to identify their own trades
TimeFrame: Time frame for this EA
Average Days: Number of days to be considered for this EA
<Lot Size Management>
Lot Type: Setting to choose the rise, Fixed Lot size or risk percentage
Fixed LotSize: Size of the lot for trading
Risk Percentage: Percentage of the account to be used for trading
<Currency Settings>
Currency one: The first currency to be traded
Currency two: The second currency to be traded
Currency three: The third currency to be traded
<TakeProfit & StopLoss Settings>
TakeProfit Pips: Number of pips for take profit
StopLoss Type: Choose between fixed stop loss or variable stop loss based on the low and high of pervious day
StopLoss Pips: Number of pips for limiting the loss of every trade
<Trailing StopLoss Settings>
Use Trail StopLoss: Select trailing stop loss
<Traiding Time Settings>
Use Trade Day & Time: Select to activate Trading time
Trading Start Time(): Start time for trading
Training Stop Time (): Stop time for trading
InpTradeCloseTime: Trading closing time
Slippage: Slippage pips