- July 8, 2020
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Hi Forex Wiki Friends,
Fx Market Volatility EA Description :
This Expert Advisor trades during a small market volatility. It tracks the price levels, then opens positions and manages them until they are closed with a profit or a small loss. You can limit the number of opened positions. Only one position can be opened on a bar.
It does not use strategies like martingale, position averaging, loss overstaying, etc.
All positions are opened with fixed Take Profit and Stop Loss levels.
It is possible to use a dynamic lot to increase the volume of positions during a successful trading.
The main currency pairs: CHFJPY, EURCHF, USDCAD, EURAUD, USDCHF.
It is recommended to use accounts with five-digit quotes and moderate spread.
Broker Requirement :
Fx Market Volatility EA Settings:
Parameters
- MONEY_MANAGEMENT - use dynamic lot
- RISK - risk as a percentage of account free margin
- ORIGINAL_LOT - fixed lot if MONEY_MANAGEMENT=false
- ORDERS_BUY - the number of Buy positions opened at a time
- ORDERS_SELL - the number of Sell positions opened at a time
- TAKE_PROFIT - take profit value
- STOP_LOSS - stop loss value
- MAX_SPREAD_OPEN - the maximum allowable spread for opening positions
- START_TRADING - hour to start trading
- STOP_TRADING - hour to stop trading
- NOT_TRADE_NEWS - trade using the news filter
- INDENT_AFTER_NEWS_MINUTES - the filter is activated the specified number of minutes before a news release
- INDENT_BEFORE_NEWS_MINUTES - the filter is disabled after the specified number of minutes after a news release
- ENABLE_LIGHT_NEWS - normal news
- ENABLE_MEDIUM_NEWS - average importance news
- ENABLE_HARD_NEWS - important news
- YOUR_TIME_ZONE,_GMT_(FOR_EWSN) - GMT time zone of the terminal
- CURRENCY_TO_DISPLAY_THE_NEWS - the currency of news to display (if empty, then the current pair will be used)
- DRAW_ONLY_THE_FUTURE_OF_NEWS_LINE - only show lines of future news releases
- SIGNALS_ON_THE_UPCOMING_NEWS - notify of upcoming news
- MARKET_WATCH - market execution
- FILTER_TRIPLE_SWAP - triple swap filter (do not trade from Wednesday to Thursday)
- CLOSING_TIME_SIMPLE - if the trading time is over and there is a position, the function will try to close them with a breakeven or with a small loss
- MAGIC_NUMBER - magic number of positions
- SLIPPAGE - price slippage
- DEALS_ON_THE_BAR - is to Trade multiple times on the bar
- TIME_PERIOD_BAR - bar Period
- USE_VIRTUAL_TP_SL - use virtual Take Profit and Stop Loss (lines are drawn only if there is 1 position in the trading direction)
- DISPLAY_TABLE - display a panel with information on trading account and currency pair
- USE_A_SOUND - use sound signals
*** For a proper operation of the news filter:
Open: Tools/Options/Expert Advisors
Enable WebRequest for the following URLs, add http://ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=1,2,3&calType=week&timeZone=15&lang=1
Fx Market Volatility EA Results:
Download Fx Market Volatility EA :
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