US30 And US100 Top Down Analysis EA
- Эксперты
- Samson Adekunle Okunola
- Версия: 1.0
- Активации: 8
US30 And US100 Top Down Analysis EA analyzing the overall market environment and economic conditions first before zooming in to the lower timeframe for entry. Starting from the big picture DAILY and then narrowing down to 1 HOUR and take the entry in 5M timeframe
This EA adapt to changing market conditions, continuously monitoring macroeconomic indicators and sector performance, and adjust the trading strategies to capitalize on emerging trends
US30 And US100 Top Down Analysis EA does not use any risky trading style, such as grid/martingale systems, but a rather simple Top-Down trading strategy based on Top-Down strategy,
This strategy is very effective for a volatile pair such as Gold.
Highlights:
- Each trade has a TP and SL from the start, and the EA will use a trailing SL and Break even point (BV) to minimize risk and maximize profits if price starts moving in the right direction
- A default setting can be used on accounts maintained by a Prop firm or by a Funded firm
- No grid, No Martingale
- Good money management and 1/3 RW per trade
- The only thing you can change in the settings is the lot size base on your account size, I recommend 1% of you account balance per trade and (BV) Break even point, (TSTOP) it calculate the distance between the reference price and the stop level, (STEP) the step is the extra amount of distance that the price must travel before the stop gets modified
- Minimum recommended deposit $100
- Simple and easy to use : Attach the EA with any timeframe on each symbol chart ( XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD, and XAUCNH ) one by one (recommended Currency pairs XAUUSD)
- Recommend VPS (option )
VERY IMPORTANT recommendations:
TO run this EA on US30 And US100 you must change from the default setting
SL-1000
TP-3000
(TSTOP) -2000 (it calculate the distance between the reference price and the stop level)
(TSTEP) 500 ( the step is the extra amount of distance that the price must travel before the stop gets modified )
TO
SL- 20000
TP- 60000
TSTOP- 40000
TSTEP- 10000
THE DEFAULT SETTING ONLY BE USED ON XAUUSD, TO RUN THIS EA ON US30 AND US100 SYMBOLM YOU MUST CHANGE THE DEFAULTY SETTING TO THE RECOMMENDED SETTING WHICH IS 1/3 RISK REWARD DEPENDING HOW YOUR BROKER CALCULATE PIPS
Depending
recommendations:
only be used on
default settingTP-3
Backtesting:
Simply run on XAUUSD using default settings, You can also change the trade frequency manually to see the different results
Timeframe of the chart doesn’t matter, but for backtesting Setup 1m or 5m, the default settings is 1m if you want to test or run it in 5m may sure you change it from 1m to 5m
