|Opening an Order||5-10 pips Price Shift||The EA uses Primary Feed (IQFeed) and then compares it with your broker feed to see if there is a sufficient price shift. If the price shift is big enough, eg. 5-10 pips, it means it’s safe to enter a trade to cover the spread and make sufficient profits.|
|Closing an Order||5-7 pips Stop-Loss
3-5 pips Trailing SL
|It uses only a Trailing Stop-Loss of 3-5 pips to close winning orders.
It uses a tight Stop-Loss of about 5-7 pips to minimize the losses in case the price suddenly moves in the opposite direction.
|Average Order Time||15-25 min||Some orders are closed earlier due to Stop-Loss activation.|
|Average Number of Orders||5-10 day||Sometimes there are no orders at all during one day due to low market volatility.
You can check out some VIDEOS to see a few sample trades.
|None||All our chart TF are 5M for illustration purposes only, but in fact the EA works on all Time Frames the same way.|
|Pairs||Majors||It’s possible to trade all pairs, (eg. GBPSEK, USDIDR), but due to high spread and low volatility, we don’t use such “Exotics” or “Crosses”. We use only major pairs, eg. EURUSD, GBPUSD, USDJPY, EURJPY, etc.|
|3.5 pips||If the spread is too high, it’s risky to trade any system which keeps the trades open less than 1 hour.|
|Indicators||FFCalN||This indicator uses news times based on Forex Factory Calendar.
There are no other “typical” indicators like MA, RSI, etc.
No Channels, Fibonacci, Support/Resistance are used.
|Primary Price Feed||IQFeed||This fast custom-made feed allows the EA to execute trades based on the information received from that feed supplier.|
|Default Parameters||Low Risk
|The EA has 3 default parameter sets with various risk levels. You don’t have to change any parameters except for the 2 below.|
|Other Parameters||Lot Size
|You will be able to adjust the Lot Size, for example 0.1, 0.5, 1.0, 5.0 lots etc.
You can also choose the type of news you want to trade: