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Recruitment of participants FOREX Robot EA EUR/JPY M15 Available On MT4 and MT5

FOREX Robot EA EUR/JPY M15 Available On MT4 and MT5

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FOREX Robot EA EUR/JPY M15 Available On MT4 and MT5​


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Take your trading to the next level with this specialized EUR/JPY Forex EA, crafted for the M15 timeframe. Designed for traders who value precision and robust performance, this EA combines a well-balanced stop-loss and take-profit strategy with a meticulously selected set of entry and exit indicators tailored for the EUR/JPY pair.

Key Features:


  • Operating Pair: EUR/JPY – customized for the unique dynamics and volatility of the EUR/JPY currency pair.
  • Timeframe: M15 – optimized to capitalize on short-term market movements with frequent opportunities.
  • Stop Loss: 68 pips – calculated to effectively manage risk while accounting for the pair's volatility.
  • Take Profit: 92 pips – set to maximize gains, maintaining a favorable risk-to-reward ratio.
Entry Indicators:


  • Commodity Channel Index (CCI): Detects overbought and oversold conditions, signaling potential reversals for precise trade entries.
  • RVI Signal: Confirms trade direction by analyzing price momentum relative to its average, ensuring entries align with the prevailing trend.
  • Alligator Indicator: Uses smoothed moving averages to identify trend direction and ensure trades are initiated during trending markets.
  • Bear Power: Measures bearish momentum to confirm sell entries during downtrends.
Exit Indicators:


  • Williams' Percent Range (%R): Identifies overbought and oversold levels, signaling exits when momentum begins to weaken.
  • DeMarker: Assesses market exhaustion, indicating optimal exit points when trends lose strength.
  • Moving Average of Oscillator (OsMA): Highlights divergence and trend reversals, signaling timely exits to protect profits.
With a stop-loss of 68 pips and a take-profit of 92 pips, this EUR/JPY M15 EA delivers a strategic and consistent trading approach. It is ideal for traders aiming to harness short-term trends while maintaining disciplined risk management.

Seller: Link
Price: 60$
 
Really good equity curve considering each position has fixed TP SL. If you combine this with the NZDUSD, EURUSD, and USDCHF versions I think you would have a very solid and robust portfolio. Run his settings on a 100-1000 dollar account for better gains (and obviously bigger draw down) but Max daily drawdown doesn't exceed roughly 13 dollars for each EA, according to the authors backtest data. Worth a punt I reckon...
 
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