Author: Local Trader
This is a blend of several previous Expert Advisors (EAs). While it’s not solely my creation, I’ve incorporated a few logical loops and conditions to refine its performance. Overall, I’m quite pleased with the outcome, though it may not perform well with USDCAD—feel free to tweak the parameters to suit your strategy.
This EA utilizes the following indicators:
- RSI
- WPR%
- Stochastic
- Moving Average
- deMarker
Performance Overview:
EURUSD (01 January 2008 - 23 June 2008)
GBPUSD, EURJPY (01 January 2008 - 23 June 2008)
EURGBP (01 January 2008 - 23 June 2008)
Recommendations:
- Use charts with a 15-minute timeframe.
- Set a maximum Take Profit (TP) of 30 (I recommend 17).
- Minimum Stop Loss (SL) of 7777 (recommended). It’s wise to monitor your EA weekly or more often.
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