“AV Level EA” is an Expert Advisor for the MetaTrader 4, which is intended exclusively for the german DAX (DE40, GE40, etc.) and is also available as a free version with MinLot to try out.
NEW: More ways to close, third entry.
Strategy:
– Level Trading, DAX M15 (also M5 or M30)
– Entry: Buy level 75, sell level 25
– Exits: TP = 25 (i.e. approx. 00 level) or TP = 50 (buy 75 level, sell 25 level)
– Second entry in the event of a reset, distance e.g. 25 or 50 (it does not take place with 0)
– As a distance for the round numbers, 100 and 200 has proven itself (adjustable)
– Max. candle size adjustable before entry
For me, SL=0 works fine for my data (9 months) in the strategy tester. That can be coincidence. Please share your ideas with me.
Screenshots:
– Setting TP=25, reset distance 25
– Setting TP=50, reset distance 50
– Setting TP=50, reset distance 25