AUD/JPY Wednesday 15:00 Expert Advisor

is based on a trading strategy with the same name. It opens a position on 15:00 EST each Wednesday and closes it one hour later (on 16:00 EST). In the long run it should bring stable profit. Apply it to H1 timeframe. If you plan to backtest it, replace the order selection by ticket with the order selection by index, because MetaTrader 4 Strategy Tester doesn’t work properly with tickets.

My test of AUD/JPY Wednesday 15:00 MetaTrader expert advisor resulted in $7,900 profit on $10,000 initial account balance. I used AUD/JPY H1 chart with 1 standard lot positions. The resulting maximum drawdown was only $1,723 (10.3%). I ran the backtest from 2008-07-07 till 2009-11-09. And AUD/JPY had both long uptrends and downtrends during that period.

MiniFAQ

What are the stop-loss and take-profit used by this EA?

It doesn’t use stop-loss or take-profit levels. This EA closes position exactly one hour after opening it.

How often does it trade?

Once per week 

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Gold Expert Advisor V2

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Free Download 3 21 55 MA Expert Advisor

The 3 21 55 MA Expert Advisor uses three Simple Moving Averages in H1 timeframe at closing price as trade signal generators.  If the Moving Averages are ordered top down: short, middle and long, a buy limit order is placed at the middle MA price value. And if the Moving Averages are placed upside down, a sell limit order is placed in at the middle MA price value. The EA also has risk management ability by setting the Maximum Risk parameter.

Main settable options
The configurable options of this indicator are:

ShortMA: 3 Period for the short Moving Average.
MidMA: 21 Period for the middle range Moving Average.
LongMA: 55 Period for the long range Moving Average.
MaMethod: 0 0

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Free Download X Trader Expert Advisor

X Trader EA trades when two moving averages cross each other. For Ma method set; 0 for simple, 1 for exponential, 2 for smoothed, 3 for linear weighted. For Applied price set; 0 for close price, 1 for open price, 2 for high price, 3 for low price, 4 for median price, 5 for typical price, 6 for weighted close price.

Settings explained

Lots: Lot size to be used in opening your orders.TakeProfit/StopsLoss: Distance for Take Profit and Stop Loss.MaPeriod: Period for the moving average.MaShift: Shift for the moving average.Slip: Slippage for closing orders.MagicNumber: This number helps the expert advisor differentiate its orders. If you run the expert advisor on different differently set charts(i.e. different currencies or timeframes) simultenously ensure the magic number is different for each chart.

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