The expert advisor Wednesday AUD/JPY 15:00 is based on the trading strategy of the same name. Basically a position is opened at 15:00 EST every Wednesday and closes an hour later at 16:00. According to the results, it provides long-term stable earnings especially if applied to a time frame of 1 hour. To evaluate this system by backtesting is recommended to change the order selection by ticket to the selection of orders by index because Metatrader platform does not work properly with tickets.
- This EA does not use stop loss or take profit levels as it closes the position exactly one hour after opening.
- Only one position is opened every a week.
- The trader must configure the time server so that there is no discrepancy in schedules.
Below are the parameters and results for this EA:
- Stop Loss: No.
- Take Profit: No
- Currency pairs: AUD/JPY.
- Time Frames: 1 hour.
- Best results: AUD/JPY 1 hour charts.
- Percentage Gain: 79%.
- Maximum Drawdown: 10%.
Note: This EA works well in ECN type brokers
You can download this Expert Advisor for Metatrader 4 and 5 using the following link: