Trading Pair: EUR/USD Timeframe: M5 This expert advisor strategy uses three indicators: The ATR MA Oscillator: This indicator measures the average true range (ATR) and uses it to generate a signal line. The strategy opens a long position when the signal line crosses above the price, and closes it when the signal line crosses below the price. The SuperTrend v2: This indicator creates a trendline based on the highest highs and lowest lows of a specified period. The strategy opens a long position when the price breaks above the SuperTrend line, and closes it when the price breaks below the SuperTrend line. The Accelerator Oscillator: This indicator measures the difference between two moving averages. The strategy opens a long position when the oscillator crosses above the zero line, and closes it when the oscillator crosses below the zero line. The strategy also uses a stop loss, take profit, and break even level. The stop loss is set at a fixed distance below the entry price, the take profit is set at a fixed distance above the entry price, and the break even is set at the entry price plus the stop loss. The strategy also has a number of risk management features, such as a maximum position size and a trailing stop. The maximum position size limits the amount of money that the strategy can risk on each trade, and the trailing stop moves the stop loss level in the direction of the trade as the price moves in the trader’s favor. The strategy checks for trading opportunities every time a new bar is created. If the conditions are met, the strategy opens a position. The strategy closes a position when the stop loss or take profit level is reached, or when the break even level is reached. I hope this explanation is more understandable. Please let me know if you have any other questions.
Strange ... You are not even using this 3 indicators EA system. So No one dares to use it. There are many OPs who don't bother to evaluate it. You should - Download the zip file - Go evaluate it by doing some demo & live trading - then publish the results
There's sarcasm, of course. How about a song? I gotta trading indicator That tonight's gonna be a good trade That tonight's gonna be a good trade That tonight's gonna be a good good trade A indicator That tonight's gonna be a good trade That tonight's gonna be a good trade That tonight's gonna be a good good trade A trading indicator (woo-hoo) That tonight's gonna be a good trade That tonight's gonna be a good trade That tonight's gonna be a good good trade Tonight's the trade, let's live it up I got my money. let's spend it up Go out and smash it, like, 'Oh my God' Jump out that sofa, let's kick it, off I know that we'll have a ball If we get down and go out, and just lose it all I feel, stressed out, I wanna let go Let's go way out, spaced out, and losin' all control ...
these black box type of trading requires a great leap of faith....... i know of none that are consistently profitable .....and i have 30 years of experience