Doten AWD EA for EURUSD By Seller:

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Description

DOTEN AWD EA Backtest Graph With Auto Lot

DOTEN AWD EA Backtest Statistics With Auto Lot

DOTEN AWD EA Backtest Statistics No Auto Lot

EA Overview

This Expert Advisor (EA) is a reverse trading system for EURUSD 1H. It is composed of four independent trade logics, each of which generates its own signal. When a signal occurs, the EA closes the existing position and opens a new position in the opposite direction. This allows you to keep a position in the market and respond flexibly to price fluctuations.

Terms of Use

• Currency Pair: EURUSD
• Timeframe: 1H

Logic Overview

This EA is equipped with four different logics, each of which trades based on different signal conditions. Below is a detailed description of each logic.

Logic that responds to movements within a specific price range

This logic enters when the price breaks a specific range and reverses the position when a signal in the opposite direction occurs. The purpose is to capture sudden price fluctuations and quickly switch positions.

Logic targeting reversals in a specific price range

This logic predicts a reversal when the price reaches a specific range and enters in the opposite direction. It executes a counter trade in the hope that the price will return to the original range and aims for a reversal point.

Logic targeting reversals due to price crossing

This logic generates a signal when the price crosses a specific point and switches the position to a new direction. It aims to capture a potential price turning point and make a profit.

Contrarian logic based on price strength and weakness

This logic enters in the opposite direction when the price reaches an extremely high or low level. It executes a contrarian trade in the hope that the price will rebound and aims for consistent trading.

Operation overview

Each logic works independently and reverses the position when a signal is generated. This allows the EA to always hold a position in the market and quickly execute the opposite trade in response to market fluctuations.

For risk management, stop loss and take profit are set for each position. In addition, the position size control function limits the maximum position size to avoid excessive risk. This EA combines four logics to respond to different market movements and provides various entry and exit approaches.

Money Management Parameters

The EA is equipped with a flexible money management function, which allows you to adjust the trading lot size while managing risk.

• UseMoneyManagement: When the money management function is enabled, the trading lot size is automatically adjusted according to the account balance. This enhances risk management and optimizes the trading size according to the increase or decrease of funds.
• mmRiskPercent: The risk tolerance percentage when money management is enabled. The recommended value is 0.5 to 2.0%, and it can be adjusted according to your risk tolerance.
• mmLotsIfNoMM: Specifies the fixed lot size to be used when money management is disabled. Even if money management is not used, trade with a stable lot size.

Summary

This EA is a reverse trading system specialized for EURUSD 1-hour charts, and by combining four independent logics, it responds to different market movements and enables continuous position holding and flexible entry. Each logic generates signals according to market fluctuations, and risk management is thorough. Stable profitability is pursued by making full use of strategies based on specific price ranges, price crosses, and price strength and weakness. In addition, the built-in money management function allows efficient asset management while reducing risk. With advanced risk management and multiple entry/exit strategies, this EA can flexibly respond to market fluctuations, making it an ideal choice for traders aiming for stable, long-term trading performance.