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Discussion in 'Forex Market MQL5' started by James Goldman, Sep 13, 2020.

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  1. James Goldman

    James Goldman Moderator
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    alliance-pa-logo-200x200-6785.png

    The Alliance PA Expert Advisor is based on the fundamentals of Price Action (engulfing, pin-bar, etc.) It maximally removes poor-quality trades and only enters the market with promising positions. That's why most of the time it is only monitoring the behavior of the market.

    Take profit is fixed, lot size is based on free margin. Minimum deposit/margin amount - $100.

    Best currency pairs: EURUSD, USDJPY, GBPJPY, NZDUSD, GOLD. Timeframe - only D1.

    For a better performance, it is recommended to run the EA on multiple currency pairs.

    Indicator Parameters
    • TakeProfit - the value where to take the profit of a position;
    • TakeProfitPB - take profit for a pin bar;
    • Slippage - max allowable slippage;
    • time - the last bar to analyze.

    alliance-pa-screen-3255.png

     

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