Doten AWD

This Expert Advisor (EA) is a reverse trading system for the EURUSD 1-hour chart, based on a combination of four independent trading logics. Each logic generates a signal independently, and when a signal is triggered, the EA closes an existing position and opens a new one in the opposite direction. This allows the EA to always hold a position in the market while being flexible in responding to price fluctuations.

Terms of Use

• Currency Pair: EURUSD
• Timeframe: 1-hour chart

Overview of Logic

The EA works based on the following four logics, each of which executes trades according to different signal conditions:

1. Logic for responding to movements in a specific price range
   
   This logic initiates an entry when the price breaks through a specific range and reverses the position when an opposite signal is triggered. It aims to capture sudden price fluctuations and quickly change positions.

2. A logic that targets reversals at a specific price range
   
   This logic enters in the opposite direction in anticipation of a reversal when the price reaches a specific range. When the price moves, a counter trade signal is executed aiming for a return to a specific price level.

3. A logic that captures price cross reversals
   
   This logic triggers a signal when the price crosses a specified point and switches the position to a new direction. It focuses on capturing potential price turning points.

4. A logic based on counter trade price strength/weakness
   
   When the price is excessively high or low, this logic initiates an entry in the opposite direction. It operates in anticipation of a price rebound and aims for consistent trading.

Operation Overview

• Each logic works independently and reverses positions upon signal generation. This allows the EA to hold positions continuously and adapt to market changes through quick opposite trades.
• For risk management, each position has stop loss and take profit settings. In addition, the position size control feature limits excessive risk by setting a maximum position size.

This EA combines four logics to provide a variety of entry and exit approaches to respond to different market movements.