What is the charm of EA009_OneDay_Band?
■ Do Not Hold Positions Overnight “OneDay Feature”
EA009_OneDay_Band's most notable feature isOneDay feature.
Under normal settings, all positions are closed between 23:00 and 24:00, and positions are not held overnight.
・Gap risk from important economic indicators
・Risk of a gap at market open on Mondays
・Late-night sudden movements
This can be operated while suppressing such risks.
■ Trading logic using Bollinger Bands
This EA utilizes Bollinger Bands to
- Entry timing
- Take profit
- Stop loss
and makes judgments in a simple and mechanical manner.
The appeal of automated trading is being able to trade according to rules without being influenced by emotions.
■ Automatic SL/TP settings by ATR
Market conditions cause price movements to vary.
EA009_OneDay_Band automatically calculates
- Stop loss as ATR(14)×2
- Take profit as ATR(14)×3.5
and includes this automatic calculation function.
You can set the optimal profit/loss width according to market volatility.
■ Simple risk management
With panel operations, you can easily switch
- Band ON/OFF
- Trailing Stop ON/OFF
- OneDay ON/OFF
- ATR SL/TP ON/OFF
- Risk MM ON/OFF
.
Furthermore, when Risk MM is ON, it automatically calculates lot size according to account balance, supporting money management.
■ Supported currency pairs
EA009_OneDay_Band supports
- USD/JPY
- EUR/USD
- EUR/JPY
- GBP/USD
and recommended time frame isH1.
■ Who this is for
- Looking for a day-trading EA
- Do not want to hold positions overnight
- Like logic that uses Bollinger Bands
- Want to automate money management
- Want a simple and easy-to-handle EA
■ Product page here
For detailed specifications, forward performance, and settings, please check the product page below.
Product page：
https://www.gogojungle.co.jp/systemtrade/fx/66624
If you want a combination of the安心 of not holding positions and the efficiency of automated trading in day trading, please take a look at EA009_OneDay_Band.