Review

Review 1.3

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Headstrong Expert Advisor is a trend scalper that uses traditional indicators such as Bollinger Bands, RSI, ADX and moving averages. It was designed to trade on EURUSD and USDJPY using the M5 timeframe. The strategy is simple: open the sell trade in an overbought zone when the trend is down. Contrarily, a buy transaction is placed in an oversold zone when the trend is upward. The trades close at Take Profit (in the form of pips) or in accordance with the ADX RSI indices (stop loss is deliberately higher).
Headstrong does not use dangerous strategies such as martingale, gridlock, etc.
Headstrong is available all hours of the day.

Settings​

  • MMmode - At 0 you trade using an unfixed lot, at 1 the size of the lot is based on the percentage of risk;
  • Max_Lot - The maximum lot size;
  • Max_Spread - If the spread is higher than this value, orders are not opened.
  • Max_Slippage The maximum slippage that can be used to open the trade
    Fixed_Lot - Size of the lot to trade; Risk% LotSize (MMmode=1) - The percentage of risk from the margin of free to determine the lot size;
    • Stop_Loss Stop Loss in pips;
    • Take Profit - Profits in pips;
    Fast_MA - Period to calculate the Rapid Moving Average; Fast_MA Method Method to calculate the speed-moving average;
    • Slow_MA - Period used to calculate the slow moving average
    Slow_MA Method Method to calculate the average speed of movement
    • Dist - Distance in pips between the moving averages that are slow and fast;
    Max_Orders Maximum allowed amount of open orders
    • Trailing_Stop Distance between the Stop Loss and the current price
    • Trailing_Step Trailing step;
    • Trailing_Start- After how many pips the Trailing Stop is activated
    • Magic number - The unique number used to identify orders.
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Author
Best Forex Ea
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First release
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