Trading libraries for MetaTrader 4

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MetaTrader 4

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Jump reversal

jump-reversal-logo-200x200-5547
299 $224 $

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Information

Experts
MetaTrader 4
Atif Zafar
1.0
12

Overview

EA works with none of the technical indicators. It works on logic, every jump has the reversal, It waits for the jump and on reversal it begins to trade.

  • No standard indicators.
  • No grid trading.
  • No arbitrage.
  • No curve fitting according to back-test results
  • No Hedge  
  • Very low Stop Loss Ratio 

Tested with 99.90% data Modelling quality.

Recommendations:

  • Developed for M1, EURUSD
  • ECN Broker with 5 points

Settings

  • Spread: Need to be as low as possible.
  • Trailing Status: trailing stop usage option
  • Trailing stop: Pips to allow trailing stop
  • Step in of trailing stop: Trailing stop start after these pips
  • Money management: EA will decide the lot size if this parameter is set to true.
  • Risk Level: % of an amount to risk, works with money management
  • Manual lot: Manual lot can be given to EA, for manual lot to work "Money management by EA" needs to be false if manual lots are required.
  • Max Lot size: Restrict the EA to go beyond this lot size
  • Magic number buy: Unique identifier for buy order
  • Magic number sell: Unique identifier for sell order
  • Take profit: Pips to take as a profit
  • Stop Loss: Amount of pip's to take loss
  • Start buy: EA can be restricted to execute buy or not
  • Start sell: EA can be restricted to execute sell or not
  • Order gap: gap of 1st order from the jump value, pending order and order modify
  • Jump reversal: After jump, reversal comes to start with order. reversal value to start with first order
  • Jump required: Minimum market movement to start trading
  • Trade cancel : Trade cancel on low jump
  • Connective Orders: increase numbers to place more than one pending order
  • gap between each trade: for multiple orders, it give a gap between each of them
  • Number of digits for lot: number of digit after a decimal point e.g. for 0.01, there are two digits


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