High performance EA designed to capitalize on the price action immediately following weekend price gaps.
There are frequent small price gaps in the forex market, especially in thinly traded markets during quiet trading times. However, the most severe gaps tend to occur immediately after the market reopens after weekends when the forex market is closed, and this presents low risk positive expectancy trade set ups.
The EA is written in a highly streamlined code for lightning-fast execution speeds. Loaded with protection mechanisms for trading during thin markets i.e. maximum slippage protection, maximum spread protection, time filter and more.
The EA is designed to capture short to medium term price movements following relatively large weekend price gaps in the forex majors (excluding AUD and NZD pairs which are most liquid at this time). It is also compatible to trade oil, major cryptocurrencies like Bitcoin, minor forex pairs, some popular individual stocks, and some other commodities too.
Settings and Functions:
1. Entry/Exit parameters
2. Compatible on multiple charts
3. Compatible with all brokers
4. Compatible with all instruments
5. Compatible on demo and live accounts
6. Compatible on unlimited accounts
7. Lightweight, high-performance code
1. Account protection parameters
2. Lot size selection
3. Maximum slippage protection
4. Stop loss
5. Take profit
6. Hide TP and SL
7. Maximum number of open trades
1. Sound alerts
2. Popup box alerts
3. Push alerts (iOS and Android)
1. Display lines on chart
2. Customize colors
Frequently Asked Questions:
Does the EA work while I’m away from the computer?
Yes, it works 24/5 from the market opening to the market closing. You don’t have to sit in front of the screen monitoring the trades – the EA lets you set and forget; opening, adjusting and closing positions automatically.
Is the EA compatible with any broker?
Yes, it is compatible with any broker that offers the Metatrader4 trading platform.
What do I need to start running the EA?
You need: (1) a basic computer, laptop or tablet, (2) a relatively stable internet connection Monday to Friday (or a VPS), and (3) a Metatrader4 trading account (it’s free).
Can I expect trades every day?
Usually, but it depends on market conditions. The EA strategy is designed to capitalise on low-risk high-reward set ups so when such conditions are met the EA will instantly take the necessary action. If conditions are not met, the EA will wait until such a time that they are.
Can I use the EA on multiple trading accounts?
Yes. You can use the EA on an unlimited number of trading accounts, charts and instruments. You can switch between trading on Demo and Live accounts at any time. You’re in full control.
Is the EA compliant with all brokers?
Yes. The EA does not utilize hedging or ‘scalping’ tactics, and is fully compliant with all brokers around the world.
What happens if I lose internet connectivity, or my computer loses power or reboots?
The trades that are currently open will remain open, and no new trades will open. When the computer’s power and/or internet connection is restored, the EA will resume as normal. Just make sure to open Metatrader4 again and that the EA is turned on.
Can I run other EAs, trade manually, and intervene with trades opened by the EA?
Yes, the EA does not interfere with other EAs or manually-opened trades. If you intervene with trades opened by the EA, the EA will resume as normal afterwards. You are completely in control. Of course, if you do intervene your trading results won’t match ours and your right to a money back guarantee is voided, in accordance with the Terms.