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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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Experts
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Experts
Important Setup Instructions Before Testing or Using the EA To ensure the EA functions correctly, you must set the input named " Set this input to 1000 when testing or live " from 1 to 1000 . Failure to do so will result in the EA not working properly. Additionally, when testing the EA, please use the recommended spreads listed below, especially if the current spreads are large due to weekends or broker conditions. You can manually import the recommended spreads into the strategy tester. Li
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The King Advisor   is a highly advanced   neural network   algorithm. Its strategy is based on the identification of support levels, resistance and trend lines through a   sophisticated self-learning   system and a   trading system   devised with years of experience and work. Developed by a team of experienced traders. PLEASE NOTE THAT THERE WILL BE A LIMIT OF 200 EXEMPLARS --> Total copies sold updated: 100 New Live Signal:   https://www.mql5.com/en/signals/2252376?source=Site+Profile+Seller We
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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.