Meet the Creator - Musa Esmagambetov
Code Developer - barabashkakvn
The Little EA is designed to jump into action with the appearance of a new bar. It keeps things simple—no stop loss, no take profit, and no trailing stops. The only limit you need to consider is the maximum number of open positions in each direction, which is set by the Maximum positions parameter.
This EA takes a closer look at the iMA (Moving Average) value on bar #0, along with the Open and Close prices on the current OHLC bar.
When it comes to position sizing, you have two options. You can go with a constant lot size (where Money Management is set to "Constant lot"), or you can choose a dynamic approach (where Money Management is based on "Risk in percent for a deal").
For those trading USDJPY on the M5 timeframe, the results are quite promising:
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