Kamikaze EA

Description...

Logic

Opening (Entry Signal)

Closing (Exit Signal)

Close an existing long position at the end of the bar when the following logic condition is satisfied:

• the Money Flow Index (21) changes its direction upward.

Close an existing short position at the end of the bar when the following logic condition is satisfied:

• the Money Flow Index (21) changes its direction downward.

Handling of Additional Entry Signals**

Entry signal in the direction of the present position:

• Add to the position no matter if it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.

Entry signal in the opposite direction:

• Close the existing position and open a new one in the opposite direction using the entry rules.

Trading Size

Trade percent of your account.

• Opening of a new position - 2% of the account equity.
• Adding to a position - 2% of the account equity. Do not open more than 99,99 lots.
• Reversing a position - 2% of the account equity in the opposite direction.

Permanent Protection

The strategy does not provide a permanent loss limitation.

The strategy does not use a Permanent Take Profit.

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* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.

Environment

Market

Account

Charges

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* This value may vary!

Strategy Properties

Handling of Additional Entry Signals

Next same direction signal behavior - Adds to the position
Next opposite direction signal behavior - Reverses the position

Trading Size

Trade percent of your account. The percentage values show the part of the account equity used to cover the required margin.

Permanent Protection