EA Homing Pigeon
- Experts
- Kiyotaka Takahashi
- Versione: 1.32
- Aggiornato: 1 dicembre 2024
- Attivazioni: 5
The EA Homing Pigeon is an Expert Advisor designed for long-term, stable profits. It references the H1 and longer timeframes to capture trends. The system avoids risky strategies such as grid trading, martingale, and night scalping.
The EA has been running on a real money account for six months. The price will increase as updates are made, eventually reaching the final price of $300.
Past performance does not guarantee future profits. Recommended Currency Pairs:
AUDCAD, AUDJPY, AUDNZD, AUDUSD, EURGBP, GBPNZD, NZDUSD, USDJPY
Timeframe:
H1
The EA opens up to three positions per currency pair. The second and third positions are rarely opened and only when a stronger signal is detected.
The EA Homing Pigeon does not trade frequently on a single pair. Therefore, multi-currency pair trading is recommended. We provide a portfolio of currency pairs with appropriate risk settings, and set files will be updated every three months if necessary. You can also create custom set files using the manual provided.
To minimize risk in trading, an account balance of at least 250 USD is required. For an account balance of 250 USD, set AUDUSD, EURGBP, GBPNZD and USDJPY to 0.01 lot. Set AUDCAD, AUDJPY, AUDNZD and NZDUSD to 0.02 lot.
Update
2024.12.01
The auto lot feature was added.
Real Money Monitoring : Link to MQL5 signal
Here is the set file : setfiles
EA Setup Instructions : Instruction
Key Features of the Expert Advisor:
- Low drawdown
- Long-term stable profits
- Does not use grid, martingale, or Asian-time trading
- Risk management to avoid hazardous market conditions
- Easy optimization
SETTINGS
Fixed_volume: Lot size.
MA_period: Period for the moving average.
MA_method: Type of moving average.Trigger:
Trigger factor for the first signal.
Trigger_enhancer: Trigger factor for the second and third signals.
Range_High: Filter for overbought levels.
Range_Low: Filter for oversold levels.
Mode: Set to 0 or 1.
SL: Stop loss.
TP: Take profit.close_at_negative_profit:
Acceptable floating loss; if reached, all positions are closed.
Order_type: Fixed or Flex (Flex enables the auto lot function).
Minimum_balance_4_0.01lot: Lot size relative to the minimum balance.
Magic_Number: Assign a unique number for each chart
* Positions are generally closed by the internal mechanism. Stop loss (SL), take profit (TP), and acceptable floating loss settings serve as safeguards against critical market conditions.
Risk Warning
- Perform a backtest using the demo version before purchasing.
- Prior to actual operation, run the EA on a demo account or a real account with a minimal balance to understand its functionality.
- Past performance does not guarantee future profits.