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Gold follower

The trading strategy used by this EA product comes from the traditional and effective PASR strategy, which includes candle pattern judgment, support pressure level judgment, trend judgment under the currently loaded time frame, and weekly and monthly time frames; the product contains An automated trading system with functions such as multi-currency pairs, trends, trend reversals, etc., no Martin, no grid, no hedging, no scalping; it has a clear stop loss level, and the stop loss method is based on the last closing candle price of the current time frame. Judging whether it is closed, the take profit point is determined by default according to whether the EA detects a reverse signal. Of course, you can also set the target profit pips or set trailing stop loss, but it is strongly recommended that you use the default take profit method and clearly set the target. Taking profit in pips or setting a trailing stop will cost you a potentially larger profit. In addition, because EA's judgment cannot be 100% at present, it can manually intervene to close profit orders if necessary, which will not affect the operation of EA.

Supported time frame: H1 H4  D1

Default settings run recommended XAUUSD H1

Here is the list of input parameters:

input string         EAComment                   = "RTNV";       //EA name is used for remarks

input int            MAGICMA                     = 891;          //EA opens the order ID

input int            CheckCandleNum              = 5;            //Checked the number of candlesticks

input bool           EnableMaxStoplessPips       = true;         //Whether to enable fixed stop loss

input int            MaxStoplessPips             = 70;           //Fixed stop loss pips

input bool           EnableTailStopless          = true;         //Whether to enable trailing stop loss

input double         TailStoplessPips            = 30;           //Number of trailing stop pips

input bool           EnableTargetProfitPips      = true;         //Whether to enable target profit pips

input double         TargetProfitPips            = 150;          //Target number of profit pips

input double         FixedLotSize                = 0.1;          //Fixed lot size for opening orders

input bool           EnableDynamicLotSize        = false;        //Whether to enable dynamic calculation of lot size

input int            LotSizeMultiplier           = 200;          //Lot size superposition calculation amount interval, 200 means: if the account balance is superimposed 200$, then the order lot size superposition is 0.01

input int            MaxPositionOrders           = 5;            //Maximum number of open orders

input bool           EnableTimeFilter            = false;        //Whether to enable time filtering

input string         StartTime                   = "4:00";       //Daily start time

input string         StopTime                    = "24:00";      //End of day running time

input int            FastEmaPeriod               = 20;           //Fast EMA Period

input int            SlowEmaPeriod               = 75;           //Slow EMA Period

input double         ResidualFact                = 0.1;          //Algorithm error factor


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Babak Alamdar
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Ho Tuan Thang
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Marco Solito
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Yvan Musatov
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The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
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Version 1.7 2024.07.04
Fixed known bugs;
Version 1.6 2024.06.29
Fixed some bugs
Version 1.5 2024.06.23
Optimize exit strategy;
Version 1.4 2024.06.10
Fix known bugs:
1. Modify comments
2. Fixed the problem of incorrectly closing orders after entering the market
Version 1.3 2024.05.25
Optimize trading strategies.
Version 1.2 2024.05.14
Fixed known bugs.
Version 1.1 2024.05.11
optimization algorithm