1. Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)
    Dismiss Notice

Suggestion Yen Trader - expert for MetaTrader 4

Discussion in 'Expert Advisor atau Robot Forex' started by Govinda108, 10 Jul 2018.

  1. Govinda108

    Govinda108 Member Credit Hunter

    Equity
    Credit
    Ref Point
    Yen Trader trades JPY Crosses (XXXJPY) where XXX is one of the major currencies (except USD which will be used as a reference currency).

    Based on the selected direction (R:Right or L:Left), the EA will detect Divergence or Convergence between a major pair and USDJPY, and trade the Yen Cross Pair based on that.

    Divergence/Convergence is detected using:



    • Close Price a number of bars back
    • Moving Average
    • RSI
    • CCI
    • RVI
    Stop Loss, Take Profit, Profit Lock, Trailing Stop can be based on Pips or ATR multiples.

    The EA can be used for scalping as well as swing trading.
     

    Attached Files:

  2. NeoBatavia

    NeoBatavia Well-Known Member Credit Hunter

    Equity
    Credit
    Ref Point
    Test it on 1 year, and it only open 34 trades.

    Capture.JPG
     

Share This Page