Go Long Advanced
- Experts
- Phantom Trading Inc.
- Version: 1.40
- Updated: 17 December 2024
Free Until Jan 01st | 267/300 Free Copies Redeemed |
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The Go Long EA implements an advanced intraday trading strategy based on the principle of systematic daily trading with multiple technical confirmations. While many traders seek complex algorithms, this EA combines simple yet effective concepts with sophisticated risk management and multiple technical filters.
The EA opens positions at a specific time each day, but only when market conditions align with multiple technical indicators. This systematic approach helps capture intraday moves while avoiding overnight holding costs that can eat into profits. The EA automatically closes positions at a predetermined time, making it perfect for traders who want to avoid overnight exposure.
Money Management
Trading Session
Position Management
Technical Filters
Moving Average (MA)
RSI
MACD
ATR
Bollinger Bands
ADX
Additional Filters
Each technical filter can be enabled/disabled independently, allowing traders to customize the strategy to their preferences. The EA's sophisticated position sizing algorithm takes into account all enabled filters when calculating trade size.
Very useful ea. For trading some further seasonal approaches it would be great if there was still the option for a trailing sl, a breakeven function and to select the days of the week.