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EUR Morning Intraday Black Box MT5

30 USD

Demo downloaded: 119

Published: 9 April 2018

Current version: 5.16

EUR Morning Intraday Black Box MT5

Experts
Alexander Gromov
Version: 5.16
Activations: 5

This algorithm uses statistically justified comparison of historical prices and output values of the CCI and ATR indicators to decide whether it is necessary to open position. This logic has been created as a result of the use of stochastic methods, it has been tested on history data and verified by the Monte Carlo method, which, of course, does not guarantee future results.

The EA is designed to trade EURUSD M15 during morning hours. Despite the fact that this condition is not mandatory, the trading logic assumes that there are no open positions at the release time of significant macroeconomic news such as Non-farm Payrolls.

Default settings presume that servers of chosen broker work in the widespread EET time zone. If it is necessary to set up trading in the UTC time zone, the user should deduct 3 (in Winter time) or 2 from the default time settings.

It is not recommended to change the trading range and the instrument itself, because the logic of the algorithm was created for specific behaviors of currency pairs during specific time periods.

Parameters

magic - magic number used by the EA to identify its orders
start_hour - hour for the EA to start trading
stop_hour - hour for the EA to stop trading, close all orders and positions
friday_close - use separate time to stop trading on Friday
friday_close_hour - time to stop trading on Friday
lot - volume of the opened positions
stop_loss - Stop Loss value for positions
bar_1 - number of the bar used in the trading logic
bar_2 - number of the bar used in the trading logic
ATR_period - ATR period
CCI_period - CCI period
CCI_norm - control value of the CCI indicator
volume_1 - number of the bar to check the trade volume, used in the trading logic
volume_2 - number of the bar to check the trade volume, used in the trading logic
volume_control - value to control the difference in volume between two bars, used in the trading logic

more...

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