Elemental EA 2.6 MT4
– fully automatic multicurrency night robot.
The main idea is that any trend has its current boundaries, after which the price comes to an equilibrium state.
The boundaries of the current trend are determined by dynamic levels of support and resistance, which are updated at each candlestick.
Since night trading has its own features, the main of which is limited market liquidity, trading is performed with pending “limit” orders for additional protection from slippage.
The minimum number of parameters makes the Elemental
Expert Advisor accessible even for inexperienced users.
Signal of real trading by this robot
Version of Elemental EA for MetaTrader5
Since this is a multicurrency Expert Advisor, trading on different currency pairs can be carried out from one chart. It’s possible to install the robot on a chart of one any
currency pair and specify in parameters, which currency pairs should be traded. However, this is not the recommended method.
The reason is that quotes/ticks for each individual currency pair can come from a broker at different times, and, in case of trading from one chart, delays in making trading decisions are possible. So it is recommended to install the EA on separate charts.
The EA does NOT use martingale, grid, arbitrage.
Positions are always protected by StopLos
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