Pound Trader

• This EA is set for GBPUSD pair but you can try it for other pairs
• This EA use MACD and Stochastic indicators to find signals.
• First trade is open when signal occure.
• Next orders are opened when signal occure and minimum distance from last trade is reached
• Buy and sell trades are closed separately or all together.
• You can turn OFF global TakeProfit/StopLoss and set them for each trade
• You can set emergency stop - trades will be closed if there will be price movement greater the emergency stop
• Use on 15M timeframe
• Minimum account balance for 0.01 Lot is 500 USD.

Settings

• Lot - volume of the opened position
• MaxTrades - maximum number of opened trades
• Pipstep - distance between trades
• Global_TakeProfit - set to True if you want for automatic closing orders when TakeProfit reached, if set to False you have to close trades manually, Real TakeProfit calculation: TakeProfit * Lot
• Global_TakeProfit _Value - closing orders when TakeProfit value is reached and condition of indicator are met
• Global_StopLoss - activate automatic closing orders to cut losses, True - closing orders when reached StopLoss * Lots, False - closing orders when TakeProfit reached and condition of indicator are met
• Global_StopLoss_Value - closing orders when StopLoss value is reached
• TakeProfit - Take profit for each trade ON/OFF
• TakeProfit_Value - Take profit value for each trade in points
• StopLoss - Stop loss for each trade ON/OFF
• StopLoss_Value - Stop loss value for each trade in points
• Reverse - reverse trades - open buy on sell signal, open sell on buy signal
• Magic - set your magic number