Principles of the Market: EA Monitor Recruitment
What kind of EA is the Principle of Market Principles EA 1.05
The Principle of Market Principles EA automatically draws on the chart, with simple UI operations, targets such as the third wave of Elliott Wave and chart pattern target rates, and also enables trading using various diverse entry UIs. It is a semi-discretionary, semi-automatic EA.Description of the various UIs of the Principle of Market Principles EA
①～② Manual entry buttons and lot size
① = When the “BUY” button is pressed, it goes long. When the “SELL” button is pressed, it goes short. ② = The lot size is determined by the number in the “LOT” field. 1.0 lot = 100,000 currency units③ Exit logic button
When the “ELLIOT WAVE” logic is selected
T/P ... Target rate of the Elliott Wave’s third wave (calculated by an original logic) S/L ... Starting point of the first wave of the Elliott Wave
When the “ELLIOT WAVE” logic is selected and parameters are set
When the “CHART PATTERN” logic is selected
T/P ... Target rate for chart pattern, maximum reached point S/L ... For long: the bottom edge of the red “□” in the chart pattern; for short: the top edge, next bar’s opening price after the close
When the “CHART PATTERN” logic is selected and parameters are set
④ How to trigger
⑤ Manual exit
⑥ Clear all lines and indicators
indicator
Trade recordsDisplays the win rates for long and short by currency pair, and the average PIPS gained, based on the combination of indicators.
About Elliott Wave Theory
Details of the inner workings of Elliott Wave Theory are also explained on this siteherein detail, so we will omit that here. Here, we will explain how to utilize this Elliott Wave Theory with the Principle of Market Principles EA. First, please watch the video below: “How to capture the first wave of the Elliott Wave on the right side of the chart.”How to capture the first wave of the Elliott Wave on the right side of the chart (Video)
https://youtu.be/EdAqWJDSXg4How to use the Principle of Market Principles EA to generate Elliott Waves (Video)
After watching the video “How to capture the first wave of the Elliott Wave on the right side of the chart,” please view this video. https://youtu.be/UArThj1EuWEAbout Chart Patterns
This Principle of Market Principles EA can easily and instantly output target values for chart patterns such as pennants, flags, ranges, and triangles. The method is very simple: just enclose the real bodies of the consolidation candlesticks with [□]. https://youtu.be/8eth1uc-KLUPrinciple of Market Principles EA — Now Recruiting You to Monitor!
For details,here× ![]()
