The Dow Jones Killer is a state-of-the-art Professional Advisor (EA) designed for exact and environment friendly buying and selling of the Dow Jones Index. It combines superior pattern and quantity indicators throughout a number of timeframes to establish high-probability commerce alternatives in real-time. The EA’s responsive technique makes use of hidden tight Cease Loss (SL) and Take Revenue (TP) settings to stop dealer manipulation, permitting for fast, efficient trades that decrease market danger publicity. Optimized for fast-moving markets, it adapts to numerous situations whereas sustaining a excessive win fee. For greatest efficiency, use it with an ECN dealer providing low latency, tight spreads, and quick order execution to make sure minimal slippage.
Beneath is the backtest of this EA for Dow Jones (default settings) from 01/01/2020:
Detailed options are described on the product web page. Beneath is the listing of EA settings with explanations.
-====Timing settings====-
Use Timer: outline buying and selling days and hours
Orders will solely be opened on buying and selling days. Nevertheless, orders might be closed/modified even outdoors of the established time if not less than one of many following parameters is enabled:
– ‘Max % misplaced/day’ ;
– ‘Max % win/day’ ;
– ‘Shut orders earlier than weekend’.
Monday: alerts & buying and selling on Mondays
Tuesday: alerts & buying and selling on Tuesdays
Wednesday: alerts & buying and selling on Wednesdays
Thursday: alerts & buying and selling on Thursdays
Friday: alerts & buying and selling on Fridays
Saturday (crypto): alerts & buying and selling on Saturday (typically for crypto buying and selling)
Sunday (crypto): alerts & buying and selling on Sunday (typically for crypto buying and selling)
Begin time: begin of the session
Finish time: finish of the session
Shut orders earlier than weekend: shut all EA orders on Friday
Closing time earlier than weekend: if ‘Shut orders earlier than weekend’ is ‘true’
-====Buying and selling settings====-
Permit buying and selling: if false, solely alerts are operational. It’s also attainable to have in mind purchase orders or promote orders solely.
Magic quantity: should be distinctive if different EA are operating
Buying and selling alerts: terminal and/or smartphone notifs
‘Max open orders’, ‘Max % misplaced/day’ and ‘Max % win/day’ are calculated from the magic quantity. For instance, you probably have 3 EAs with the identical magic quantity, the overall variety of orders opened would be the sum of the orders opened in these 3 EAs.
Max open orders: max variety of orders opened concurrently (if 0, no max)
Max misplaced/day (in % of fairness): if max worth is reached, the EA open orders are closed and no different order is opened till the following day (if 0, no max)
The calculation relies on fairness and never stability. With the intention to velocity up the backtests, the calculation is finished each hour throughout backtests, as a substitute of each minute for an actual buying and selling session.
Max win/day (in % of fairness): if max worth is reached, the EA open orders are closed and no different order is opened till the following day (if 0, no max)
Identical comment than for ‘Max misplaced/day (in % of fairness)’.
Max drawdown (in % of fairness): if max worth is reached, the EA open orders are closed and the EA is closed (if 0, no max)
Identical comment than for ‘Max misplaced/day (in % of fairness)’, however the calculation is finished each 5 minutes (for backtests and actual buying and selling periods).
Use cash administration: if ‘true’, lot dimension in % stability
Mounted tons dimension: lot dimension per order (if ‘Use cash administration’ is ‘false’)
Lot dimension in %: % stability per order (if ‘Use cash administration’ is ‘true’)
Max unfold: max allowed unfold to open an order (if 0, no max unfold)
Warning: if the worth of the unfold is just too low, no order will probably be opened! To keep away from any downside, it’s endorsed to set the worth ‘0’ for the backtests.
Max slippage: max allowed slippage to open an order
Identical comment as ‘Max unfold’.
Warning:
- Don’t use this EA with any image apart from the Dow Jones.
- Buying and selling includes vital danger, and previous efficiency shouldn’t be indicative of future outcomes. Solely make investments cash you possibly can afford to lose.
