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PowerAUDCAD

The trading expert works out the regular movements of the AUDCAD currency pair in the channel.

The Expert Advisor is completely ready for work. Additional configuration is not required.

Trading signalshttps://www.mql5.com/en/signals/author/trendhunter

The MetaTrader5 terminal must be installed on a remote server for smooth operation.

Install the Expert Advisor on the AUDCAD chart, timeframe 1H.

Options:


Channel settings
  • Channel width ratio - Channel width;
  • Number of bars - Number of bars to calculate

Lot Settings

  • MaxRisk - Risk per first trade;
  • if MaxRisk = 0, Lot will be - If MaxRisk=0, the lot will be like this;

Additional orders

  • Lot multiplier - Lot multiplier;
  • Step between orders - Step between deals;

Take %

  • Take % of profit - Profit as a percentage;

Take points

  • Profit in points - Profit in pips;

Stop Loss & Take Profit

  • StopLoss - Stop loss;
  • TakeProfit - Take profit;

Trade settings

  • Max Trades - Maximum number of trades;
  • Max Spread - Maximum spread;

Working time (hours)

  • startWork - Hour to start work;
  • endWork - Hour of end of work;

Other settings

  • MagicNumber 1 - First magic number;
  • MagicNumber 2 - Second magic number;
  • Comment to orders - Comments on transactions.

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The Expert Advisor has been specifically developed for trading gold (Spot Gold). The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation. Martingale and averaging are not used. Each order is independent and is accompanied b
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The Expert Advisor calculates the divergence on the current and higher timeframes. In case the divergences coincide, the EA starts its operation. Deals have strict take profit and stop loss levels. Each deal is managed by trailing stop. The strategy involves the use of a tight stop-loss. Therefore, losing deals and/or series of losing deals are not uncommon. This EA is not suitable for those who have difficulties coping with losing deals. The EA is recommended for simultaneous use on the followi
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