Premium and Discount
- Experts
- Dirar Alzoubi
- Version: 1.0
- Activations: 5
The Premium and Discount EA (Expert Advisor) is a trading automation tool designed for the MetaTrader platform. It operates by defining three key price areas: Premium, Mid, and Discount. These areas are calculated based on the fluctuation range of a financial instrument’s price, with the intention to identify optimal entry and exit points for trades.
- Premium Area: This is considered an overvalued zone where the EA might look for selling opportunities, expecting the price to drop.
- Mid Area: This zone represents a neutral or fair value area where the EA may avoid initiating new trades.
- Discount Area: This is viewed as an undervalued zone where the EA might seek buying opportunities, anticipating a price increase.