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ZalloUSDJPY

Zallo Expert Advisor  USD JPY

Description

Custom Expert Advisor (EA) is an advanced automated trading system designed for the MetaTrader 5 platform. This EA utilizes the Williams' %R indicator and candle analysis to generate precise trading signals and effectively manage risk. It is ideal for traders looking for a robust and flexible system to automate their trading strategies.

Key Features

  • Indicators Used: Williams' %R with customizable parameters.
  • Risk Management: Settings for Stop Loss (SL) and Take Profit (TP) in pips.
  • Multiple Protections: Protections for maximum spread, maximum open positions, maximum volumes, maximum daily loss, and equity limits.
  • News Filter: Avoid trading during high and medium priority news events.
  • Detailed Statistics: Display detailed position statistics and robot performance directly on the chart.
  • Trading Session Control: Ability to configure opening and closing times for each day of the week.
  • Trailing Stop: Optional trailing stop functionality for dynamic risk management.

Input Parameters

  • Lot Size: Adjustable lot size for trades.
  • Stop Loss and Take Profit: Configurable in pips.
  • Indicator Settings: Customizable Williams' %R period and level.
  • Candle Analysis: Minimum candle height and number of consecutive candles for signals.
  • Protection Settings: Maximum spread, open positions, and lots, as well as account protection settings for daily loss and equity.
  • News Filter: Configurable news filter for specific currencies and event priorities.
  • Session Times: Adjustable trading session times for different days of the week.

Trading Details

  • Time Frame: Optimized for M30 (30 minutes) but can be adapted to other time frames based on user preference.
  • Minimum Investment: Recommended minimum account balance of $500 for optimal performance and risk management.

This EA is designed to be highly customizable, making it suitable for a wide range of trading strategies and market conditions. Whether you are a beginner or an experienced trader, the Custom Expert Advisor can help you automate and enhance your trading activities.

Disclaimer

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment, and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.


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Joel Juanpere
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This expert advisors search for short trend continuation movements, I recomend use it with BTC and ETH 5 Units left at 900 USD. Next price 1200 USD The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/en/signals/2246489 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used
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Experts
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Bogdan Ion Puscasu
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Marzena Maria Szmit
4.47 (59)
Experts
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
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Arseny Potyekhin
5 (1)
Experts
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Big Forex Players MT5
Marzena Maria Szmit
4.83 (47)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Xian Qin Ceng
Experts
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Stanislav Tomilov
4.66 (35)
Experts
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5 (59)
Experts
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