Tick Volume Traders

TickVolumeTraders is a scalable EA dedicated to the dollar-yen 1-minute chart that employs a logic to monitor tick volume (volume) and avoid damashi on range breaks.

The time frame for trading is from the afternoon of Tokyo time until the end of European time. Entry will be made when the most recent high and low are about to be broken out. Entry will be made only when there is momentum at the time of breakout. Entry is forfeited when a range breakout occurs without a rise in volume. The price is for USDJPY, but it works for other currency pairs as well . The period for picking up recent highs and lows can be freely changed. The number of trades is about 200 per year. Losses are limited by stop loss settings. It works on 1-minute time frame. It can be operated with other EAs at the same time. Please set the magic number so that it does not overlap with other EAs. The trading logic is determined based on the values of the most recent high and low. The default setting refers to the most recent value from 60 bars (1 hour) ago. When the range is broken vigorously with rising volume, entry is made in the forward direction. If a range break occurs slowly and over time, entry is forfeited. The day and time to trade can be changed in the property settings. In the default settings, the stop and limit are set at 100 pips. To avoid weekend risk, set the WeekendClose setting to "true. ■About Manual Mode By setting ManualMode to "true" in the property settings, open positions will be closed and no further automated trading will be performed. Please use this setting when you want to stop automated trading without stopping MT4. Time zone to trade Trades are made between 7:00 and 17:59 server time. Japan time (winter) 14:00 - 24:59 Japan time (summer) 13:00 - 23:59 The time zone to trade can be changed in the property settings.

■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Property Settings (Japanese) ■ ■ ■ ■ ■ ■ ■ ■ ■Magic = 49117;// Magic number for EA identification Lots = 0.1;// Lot number 1.0=100,000 currency 0.1=10,000 currency 0.01=1,000 currency StopLossRequest = 1.0;// Stop order 0.5= 50pips 1.0=100pips 10=1000pips TakeProfitRequest = 1.0;// Limit Order 0.5=50pips 1.0=100pips 10=1000pips Slippage = 1;// Allowable Slip MaxSpread = 30;// Allowable Spread Enter the difference between the Bid and Ask values e.g. 30 => 3 pips Index_Period = 60;// Specify how many minutes prior highs and lows to pick up (range 10 to 240) MaxError = 30;// Maximum number of consecutive orders (range 30 to 200) ManualMode = false; // ManualMode = false; // set to manual mode true set to automatic mode false Monday = true; // new entry on Monday true not false Tuesday = true; // new entry on Tuesday true not false Wednesday = true; // new entry on Wednesday true not false new entry on Wednesday true not false Thursday = true; // new entry on Thursday true not false Friday = true; // new entry on Friday true not false WeekendClose = false; // force close on weekend Setup Force close on weekends true not false TimeHour0 = false; // enter at 0:00 server time true not false TimeHour1 = false; // enter at 1:00 server time true not false TimeHour2 =false; // entry at 2:00 server time true not false TimeHour3 = false; // entry at 3:00 server time true not false TimeHour4 = false; // entry at 4:00 server time true not true false TimeHour5 = false; // enter at 5:00 server time true not false TimeHour6 = false; // enter at 6:00 server time true not false TimeHour7 = true; // enter at 7:00 server time true not false true not false TimeHour8 = true; // enter at 8:00 server time true not false TimeHour9 = true; // enter at 9:00 server time true not false TimeHour10 = true; // enter at 10:00 server time true not false true not false to enter at 10:00 server time TimeHour11 = true; // true not false to enter at 11:00 server time TimeHour12 = true; // true not false to enter at 12:00 server time TimeHour13 = true; // enter at 13:00 server time true not false TimeHour14 = true; // enter at 14:00 server time true not false TimeHour15 = true; // enter at 15:00 server time true not false true not false TimeHour16 = true; // enter at 16:00 server time true not false TimeHour17 = true; // enter at 17:00 server time true not false TimeHour18 = false; // enter at 18:00 server time true not false to enter at 18:00 server time TimeHour19 = false; // true not false to enter at 19:00 server time TimeHour20 = false; // true not false to enter at 20:00 server time TimeHour21 = false; // enter at 21:00 server time true not false TimeHour22 = false; // enter at 22:00 server time true not false TimeHour23 = false; // enter at 23:00 server time true not false CommentOnOff = true; // Comment on chart screen true false false *The above time settings are optimal settings for GMT+2 (winter)/+3 (summer). ■□■■□■□■■ English explanation ■□■□■□■□■Magic = 49117;// Magic number Lots = 0.1;// Position lot 1.0=100,000 0.1=10,000 0.01=1,000 StopLossRequest =1.0;// StopLoss 0.5=50pips 1.0=100pips 10=1000pips TakeProfitRequest = 1.0;// TakeProfit 0.5=50pips 1.0=100pips 10=1000pips Slippage = 1;// Slippage MaxSpread = 30;// Max spread (30=3pips) Index_Period = 60;// Pick up period | Min=10(10Minutes) to Max=240(4Hours) MaxError = 30;// Continuous order count limit (Min=30 Max=200) ManualMode = false;// No automatic trading = true | Automatic trading = false Monday = true;// Monday = true or false ( (GMT+2/+3) Tuesday = true;// Tuesday = true or false (GMT+2/+3) Wednesday = true;// Wednesday = true or false (GMT+2/+3) Thursday = true;// Thursday = true or false (GMT+2/+3) Friday = true;// Friday = true or false (GMT+2/+3) WeekendClose = false; // WeekendClose = true or false TimeHour0 = false; // Entry at 0 :00 server time = true or false TimeHour1 = false; // Entry at 1:00 server time = true or false TimeHour2 = false; // Entry at 2:00 server time = true or false TimeHour3 = false; // Entry at 3:00 server time = true or false TimeHour4 = false; // Entry at 4:00 server time = true or false TimeHour5 = false; // Entry at 5:00 00 server time = true or false TimeHour6 = false; // Entry at 6:00 server time = true or false TimeHour7 = true; // Entry at 7:00 server time = true or false TimeHour8 = true; // Entry at 8:00 server time = true or false TimeHour9 = true; // Entry at 9:00 server time = true or false TimeHour10 = true; // Entry at 10:00 TimeHour11 = true; // Entry at 11:00 server time = true or false TimeHour12 = true; // Entry at 12:00 server time = true or false TimeHour13 = true; // Entry at 13:00 server time = true or false TimeHour14 = true; // Entry at 14:00 server time = true or false TimeHour15 = true; // Entry at 15:00 server time = true or false TimeHour16 = true; // Entry at 16:00 server time = true or false TimeHour17 = true; // Entry at 17:00 server time = true or false TimeHour18 = false; // Entry at 18:00 server time = true or false TimeHour19 = false; // Entry at 19:00 server time = true or false TimeHour20 = false; // Entry at 20:00 server time = true or false TimeHour21 = false; // Entry at 21:00 server time = true or false TimeHour22 = false; // Entry at 22:00 server time = true or false TimeHour23 = false; // Entry at 23:00 server time = true or false CommentOnOff = true; // CommentOnOff = true or false [Version Upgrade History] Latest version 1. 01 1、Add Weekend Close setting (true, force close on weekends by property, false, not true) If true, positions are force closed at midnight on Fridays. 2、Addition of a limit setting for the number of new entries This EA implements an error avoidance function in the event of an infinite loop of new entries due to insufficient margin or other reasons. If the specified number of orders is exceeded in a short period of time, a protection function will be activated and no more new entries will be made. The number of times in the program is reset three times: 4:00 (10:00-11:00 Japan time), 11:00 (17:00-18:00 Japan time), and 18:00 (24:00-1:00 Japan time) server time. 3, Added a setting to prevent orders from being submitted when spreads widen. Allowable Spread Enter the difference between the Bid and Ask values e.g. 50 => 5 pips Default MaxSpread = 30 4、You can now select the time and day of the week for entry. 5. Manual mode is now supported. You can choose between manual mode and automatic trading mode.