You can position size your trades for this EA on a fixed lot or % of your account/equity/free margin basis.The ADX measure the volatility and trendiness of a currency. You can use the ADX indication to filter out transaction that occur in sideways markets.That is another way transactions are closed. When the trend changes from for example a Buy to a Sell you can decide if you want to keep open transactions open or to close them all.Reaching the target or being stopped out is one way transactions are closed. Every transaction can be given a target and a stop.You can limit the number of open deals you what to allow.Both moving averages must be pointing in the same direction for a valid trend to be in place. The trend is determined by 2 moving Averages (a slow one and a fast one).The EA will enter a deal in the direction of the trend at the close of every candle at the price of the closed candle.Please refer to the input section shown to see how the items below are catered for in the EA This EA is a trending EA that only enters trades when the market starts trending Use the information and settings supplied at your own risk and take into account the limitations of how they were created. The settings and set files were created from historic testing and do not represent recommendations or advice from the suppliers of these EAs.
Forex trading is risky and you can lose all your money quickly if you are not skilled in position sizing and risk management. ALL Forex EAs and trading techniques in this volatile and inconsistent Forex market have large drawdowns and losing streaks from week to week, or from month to month, so short-term results are not always an indication of the long-term potential of an EA or technique. History is unlikely to repeat itself so these results are merely an analysis of the past and should not be deemed to guarantee future profitability. The results are not presented to create unrealistic expectations and users should be aware that the results are a highly optimistic analysis of history.
The results of these tests are in no way a promise or guarantee of future success or a marketing deception of the possible profitability of this EA. EAs are built and designed using past history to prove their feasibility if used in the past. DISCLAIMER AND WARNING: Unfortunately, when testing and creating new EAs we are mainly restricted to past history to provide guidance on what may work in the future.