- June 22, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Is Day trading haram?
Day trading is not haram? is permissible as long as 1) there is no element of interest, 2) trades are made “hand to hand,” and 3) the stocks, commodities, or currencies acquired do not violate Islamic precepts.
What does Islam have to say about Forex trading on the internet?
There is no evident reason why Islam should prohibit online Forex trading as long as there is no interest component and trades are finished instantly with some reasonable justification to predict a possibility of resultant financial benefit.
Best Day Trading EA
|A name||Good Morning Ultimate|
|Time axis||5 minutes (M5)|
|Trading style||Day trading|
|Maximum number of positions||1 position|
|Backtest period||2010.08.02 23:10 –2020.07.29 15:00|
|Double-decker / Nampin / Martin||Yes / No / None|
USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY
(portfolio type EA by 5 currency management)
Trend-following day trading style in which entries are made at the opening price of 5 minutes.
● Entry time
Japan time 4:00 to 8:00 (Tuesday to Friday)
● Maximum number of potions
1 (optional setting possible)
It is a day trading logic that uses the time zone in the early morning of Japan time.
With the maximum number of positions as one (initial value),
we aim for profit while preventing losses through internal logic settlement and our own trailing stop.
We will forcibly settle at 23:00 JST to prepare for trading from the next morning.
Due to the specifications for entry in the early morning, it is difficult for the entry to be affected by the index, but for
settlement, it may be affected by the index.
As a countermeasure, the time of compulsory settlement can be changed, so it
is possible to reduce the risk of index announcement, etc. by setting it arbitrarily.
It is designed not to make an entry in the early morning of Monday and Saturday.
Please be assured that you will not carry over your position on weekends.
1 ) USDJPY / EURJPY / GBPJPY / AUDJPY / NZDJPY 5-minute dedicated EA.
Please note that it will not work except in other currencies and 5 minutes.
( 2 ) If the number of positions is 1 or more, there is
a possibility that the position will be double-decker, so please operate with a contractor that can double-build.
( 3 ) Logic such as Nampin and Martingale is not used.
( 4 ) The presence or absence of an entry and the difference in the forward result will always appear depending on the usage environment such as the broker and VPS used
Best Brokers List
The Best Day Trading EA works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|Register||2008||Cyprus||1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|Register||2006||Dublin, Ireland||1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
|Register||2008||Port Vila||1: 1000||$10||VFSC|
The Best Day Trading EA Setting
Best Day Trading EA Results
Best Day Trading EA Free Download
We highly recommend trying the EA for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.