Monday
The Monday EA trades on Mondays depending on price movement on Fridays. Its aim is to take 10-20 points of profit and leave the market.
This strategy works from March 2014.
- Currency pairs are EUR/USD and GBP/USD. For GBP / USD trading on the CCI indicator is recommended not to use
- Time frame is daily D1
Settings:
- Sig_Open1 = true; - if true, the EA trades on Mondays
- StartTime = "00:00"; time to start trading (applies only to "Sig_Open1")
- Sig_Open2 = true; - enable only on EUR/USD (works only on EUR/USD).
If the CCI indicator crosses the CCIup value from the bottom upwards on the current daily candle, a buy order with predefined stop loss and take profit is opened. If the CCI indicator crosses the CCIdowm value downwards on the current daily candle, a sell order with predefined stop loss and take profit is opened. When the order is opened, the EA remembers that there is the opened order on the current candle and it will not open other orders there.
- CCI_TF=PERIOD_D1; - time frame of the CCI indicator, set irrespective of TF of the chart where the EA is attached to
- CCIPeriod=14; - CCI period
- CCIup = 0; - CCI upper bound line
- CCIdown = 0; - CCI lower bound line
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