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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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Marzena Maria Szmit
4.52 (33)
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Stanislav Tomilov
4.8 (35)
Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
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Guillaume Duportal
4.92 (39)
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Marzena Maria Szmit
4.37 (78)
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Mansour Babasafary
4.41 (46)
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4.68 (19)
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Babak Alamdar
4 (6)
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Ioan Danut Burtea
Expert Advisor (EA) - Version 2.0 EUR/USD on M5 Timeframe Due to the volatility of the forex market, I decided to optimize this EA over a shorter period of time. Periodically I update it at EA so that you can trade in the most optimal way. Tested and optimized for IC Markets. Overview: Introducing our advanced Expert Advisor (EA) for MetaTrader 5, now in version 2.0! This EA is specially designed to trade on the EUR/USD currency pair using the 5-minute (M5) timeframe. Whether you are a novice or
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