DinaTrade
- Experts
- Pedro Ivan Duarte Restrepo
- Version: 1.0
- Activations: 5
This is an EA for swing trading days, for long-term positions either Buy or Sell with a proper money management settings like Stop Loss and Take Profits in
pips or base on the Profit Percent it is the risk. This particular EA can be use for Prop firms, but extremely important to tested in a demo account first
and try to familiarize with different timeframes sets like: H4 can be used in any mayor forex symbols I recommend EURUSD or GBPUSD. You can try it with
anything symbol if you want and if it gives you good results great, most of the backtesting were in those mentioned pairs. Most of the backtesting were
in real and demo account all the markets condtions may vary and will be not the same results in the future.
I recommend to test with various positions and risk settings like:
This is an example:
MaxOpenTrades = 3
MaxLongTrades = 3
MaxShortTrades = 3
ProfitPercent = 2 This will be equals to the same Stop Loss 2% percent and ProfitPercent 2%.
The Pips for Take profit you can set another pips values as well for Stop Loss pips, this EA has this particulary since you can
It calculates Risk base on the Pips for the Stop Loss and Take Profit.
I recommend to test in 4 hour as it is, but you can clearly do many settings as you want for any timeframe or Forex pairs.
NOTE: FOREX IT'S A HIGH RISK BUSSINESS, FIRST TESTED IN A DEMO ACCOUNT WITH VARIOUS SYMBOLS, AS WELL A COUBLE OF WEEKS OR MONTHS.
JUST EXPEND THE MONEY YOU ARE AFFORDABLE TO LOSE.
Settings:
Risk Management
- ProfitTargetPercent: Max Monthly percent example: If 10% after it reaches that percent the EA turn off until next month.
- ProfitPercent: Example 1% in daily basis.
- StopLossPips: This is base on the ProfitPercent and ProfitTargetPercent buy in pips (These are the recommend settings for this particular EA and all the Symbols you can test).
- TrailPoints: From the open price until take profit follow the position in pips points.
General Settings
- Allow Trading: true if on false off.
- Magic Number: This is the unique number for this EA, if you try to use it in another pair make sure to changed.
- MaxSpread: Allowed spread to trade.
- MaxSlippage: Allowed slippage price to trade.
Timer Settings
- List the 7 days in the week to trade except saturday. True: It's allowed to trade in that day otherwise false not allowed to trade.
MaxOpenTrades
- MaxOpenTrades: The sum total of open trades can be Buy or Sell.
- MaxLongTrades: The max Buy open trades.
- MaxShortTrades: The max Sell open trades.