Author of the Idea: PPP, MQL5 Code Author: barabashkakvn.
The up3x1 Investor is an Expert Advisor designed to capitalize on market panic triggered by major economic indicators in the FOREX arena. This EA analyzes candlestick patterns, focusing on High-Low and Open-Close values to make informed trading decisions.
Set up specifically for trading EUR/USD on the H1 timeframe, this EA recommends an initial deposit of at least $1,000. While you might be tempted to ramp up your profit potential by increasing the risk factor, it's wise to adhere to solid money management principles and stick to the default settings.
Input Parameters
- Trade Parameters
- Stop Loss (in pips) - The value for your Stop Loss.
- Take Profit (in pips) - The value for your Take Profit.
- Trailing Stop (in pips) - The value for your trailing stop.
- Trailing Step (in pips) - The step value for your trailing stop.
- Risk Percentage per Trade - The risk percentage based on your available margin.
- Decreased Factor (based on trading history) - This factor comes into play after a series of losing trades.
- History Days (only if "Decreased Factor" > 0) - The number of days used to analyze your trading history.
- Difference Parameters
- Difference High#1 minus Low#1 (in pips) - The minimum value between the candlestick's High and Low;
- Difference Open#1 minus Close#1 (in pips) - The minimum value between the candlestick's Open and Close.
Example Test on EUR/USD, H1:
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