THV EA v2

$650.00

Type of EA: Trend-Following with Trailing Stop and Multiple Signal Filters

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THV EA v2
Logic:

  1. Trend-Following:
    • The EA uses a combination of custom indicators, including Heiken Ashi, Coral, and Trix, to determine the direction of the trend.
    • Buys if all configured buy signals are true, sells if all sell signals are true.
    • The EA incorporates Ichimoku cloud signals and trend conditions to filter trades.
  2. Order Management:
    • The EA manages open orders by checking for close conditions based on the Trix and trend indicators.
    • Includes a trailing stop mechanism to secure profits when the price moves favorably, with separate configurations for buy and sell positions.
  3. Multiple Signal Filters:
    • The EA uses up to six different signal conditions that must align for a trade to be placed.
    • Signals include price crossing Coral, Trix conditions, Ichimoku levels, and Heiken Ashi.
  4. Dynamic Lot Sizing:
    • Lot size is optimized based on account free margin and decreases after a series of losses.
  5. Time Filter:
    • The EA includes a time filter that restricts trading to specified hours, ensuring trades are only placed during the preferred trading sessions.
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