Stock Index Trader EA MT5

A new unique trading strategy Stock Index Trader, has been introduced, designed for trading the US30 index. The trading robot works on the timeframe (M30, H1). The strategy does not use indicators with the exception of stop loss and take profit (floating, works according to ATR). The strategy works on Candlestick patterns, such as Piercing lines - a reversal pattern of Japanese candlesticks with additional installed filters and other popular patterns.

The advisor does not use grid or martingale trading strategies. Each order has a stop loss. By default, the advisor is configured for trading with the RoboForex-ECN broker. 

Settings for Tickmill:

US30 H1, GBPUSD

The advisor was tested by RoboForex.

• Magic Number
• Max Spread
• Start Hour
• End Hour
• Lots
• Stoploss
• Takeprofit
• Deviation

"== Trailing Stop Settings =="

• Trailing (true/false) recommended -> true.
• Trailing stop points

"== Pattern Settings =="

• Bullish Penetrating Line
• Bearish Penetrating Line

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• Bullish Engulfing
• Bearish Engulfing

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• External Bullish Bar
• External Bear Bar

1. Min body
2. Filter (body candle)
3. Expert = "Stock Index Trader EA MT5"