Hi Forex Wiki Friends,

DOS EA Description : 

Works for each main foreign money pair, based mostly on Day by day bars.
No indicators or oscillators wanted.
Based mostly on greater than 10 years of historical past information examine.
Common Down technique.
Many of the trades in 1st entry will shut in TP, but when value goes towards the commerce, we'll open further trades as soon as a day till we shut all open trades as a “basket” of trades when sum of cash of the basket is optimistic.

Situations:
If distinction in pips between Open to Shut (or Near Open) of earlier every day closed bar is greater than 110 pips, then on the open of present day - open a market order to the reverse path of earlier day.
i.e: if yesterday’s every day bar is Bullish (moved up) and BODY (Shut value - Open value) is greater than 110 pips, then in the present day on the Open of latest every day bar, at 00:00, open Promote market order.
Be aware: if unfold at midnight is just too excessive (greater than 4.0 pips) – Don’t open a commerce but. Wait with market order until unfold narrows again. It could take even 1-2 hours however normally it's going to take just a few minutes. So as soon as unfold is lower than 4.0 pips, open the commerce.
TP = 20 to 50 pips, is determined by foreign money’s volatility.
No SL.
If value goes from final entry towards the path of the commerce, open on the Open of each new day an extra market order with similar lot measurement as unique commerce. No TP for added commerce.
Shut all trades collectively when sum of all open worthwhile and shedding trades (“basket“) is optimistic (could also be 0.1$ or 1$).
As a substitute of SL: If sum of all open trades (“basket”) is shedding greater than 25% of account stability – shut all trades. *This may increasingly occur as soon as in a decade if in any respect.

110 pips - is determined by foreign money’s volatility. Will be 70 pips for low volatility currencies and then again will be 150 pips for prime volatility currencies

For account stability of every 2,000 the fastened lot measurement will likely be 0.03.
i.e if account stability is 12,000 and as much as 13,999 than fastened lot measurement is 0.18
i.e if account stability is 20,000 and as much as 21,999 than fastened lot measurement is 0.3

Broker Requirement :

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

DOS EA SETTINGS:

DOS EA Trading Mode :

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