M15 EuroPulse
- Experts
- Antonio Simon Del Vecchio
- Version: 1.0
- Activations: 5
Setfiles and more details available here
Introducing M15 EuroPulse, an expert advisor for any market symbol and specially optimized for the EURUSD pair, operating on the 15-minute timeframe (M15). This EA is designed to automate trading decisions, based on technical analysis and price action, aiming to maximize efficiency and accuracy in each trade.
Expert Advisor Features and Settings:
- Magic number: Unique magic number that identifies orders managed by this EA, allowing simultaneous operation with other systems without interference.
- Maximum spread allowed (0 = off): Sets the maximum spread allowed to execute trades. A value of 0 disables this filter.
- Profit to close (% on balance): Defines the percentage of the total balance that, when reached as profit, activates mechanisms to close active trades.
- Distance factor to take profit: Factor that determines the distance to the profit target (Take Profit) from the current price.
- Trailing Start and Trailing Step: Trailing stop settings, adjusting the stop loss automatically to protect profits as the market moves favorably.
- General Stop Loss (Percentage of Balance): Percentage of the balance applied as a general stop loss for all trades, facilitating effective risk management.
- Moving Average Period (Timeframe M15): Period of the moving average used to make trading decisions, based on market price structure.
- wave A, wave B, wave C, wave D (minimum 0.1, maximum 1): Price drop thresholds that trigger buy trades in different market phases, adapting to volatility and trend fluctuations.
EA Operation:
Using a combination of technical indicators and price action analysis, the EA determines the most optimal market entries and exits. It analyzes the relationship between the current price and a moving average, as well as considering the latest significant peaks and valleys to make trading decisions. Dynamic adjustment of trade sizes and stop loss and take profit levels is based on market volatility and account balance.
Risk Management:
The EA implements robust risk management that automatically adjusts position sizes and protection orders based on the percentage of balance at risk, ensuring losses are kept within acceptable limits.
Important Information:
- Timeframe: M15
- Platform: MetaTrader 5
- Minimum Deposit: $100 (default setfile for $1000)
- Leverage: 1:30 or higher
- Trading Pairs: Any symbol (default setfile for EURUSD)
- Can it work with other EAs simultaneously? Yes
M15 EuroPulse ignores information prior to 2022 and only executes trades based on data from the last two years up to the current date. This approach, applied in both optimization and backtesting, avoids trading based on data that may not reflect current market conditions.
Warning: Past performance does not guarantee future results. Trade responsibly and consider the risks involved.
Tags: EURUSD, Forex, trading, trend, indicators, risk management, price action, technical analysis, expert advisor, MetaTrader 5, automation, high frequency trading.