Hammer bar

Operation Principle

• The Expert Advisor looks for a strong movement on every bar and places two pending orders at a predetermined distance in points.
• A position is closed based on the total profit or loss in the account currency or in points.
• No indicators are used.
• It uses the method of averaging, in which the last open position in the direction of price movement always has the largest volume.
• It uses filters - time, Moving Average and revers of placed orders.

Main Features

• The Expert Advisor is very well suited for trading on the "news"
• It can run on ECN-accounts.
• Suitable for all periods, but the best one is M15, H1
• Any currency pairs, as the EA expects a strong movement and does not often enter the market.
•  It can trade breakthroughs and rollbacks.

Trading and Brokers

• Any broker, preferably with a fixed spread.
• Trading can start with $100 and the initial lot 0.01
• The best variant is to run the EA on several currency pairs simultaneously.