Simple and effective Aroon strategy: 100% auto The Aroon indicator tries to predict the direction of the trend; you can change the period of the Aroon indicator as well. EA places buy/sell trades as soon as the trend has changed its direction; it waits 1 candle to confirm the signal.
EA has the most used features; we don't want to add too much stuff to the original EA. So we offer custom updates for any of our EAs. You can easily order a custom update and adapt this EA to your specific needs. Contact us, and we will add some basic features for free after your purchase.
Aroon Buy and Sell examples.
Inputs menu of the Aroon EA MT4.
Lot management options:
Choose one of the 3 lot managements and set it as true, the other 2 must be as false.
Fixed lot - simple fixed lot which is applied for each trade.
Martingale - start lot and a multiplier, EA will use a lot multiplier if the previous trade was in loss.
Risk% management - choose your desirable risk% per trade, EA will calculate the risk size automatically. Stop loss must be used.
Trade comment - use it if you want to add a comment for each trade separately, for example "EURUSD M15".
Stop loss pips - set a stop loss in pips which will be used for each trade separately.
Take profit pips - set a take profit in pips which will be used for each trade separately.
Max open trades Buy/Sell - for example 10, this will result in max open 10 buy trades or max open 10 sell trades.
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.
Trading time settings - that's simple, simply choose time and weekdays you want to trade.
Spread filter - set max allowed spread size in pips, EA checks it before opening the trade. If the spread size is too big = no trade.
Magic number - use magic number rule if this EA is used in more than 1 chart. Read more.
Insert EA file into the experts folder.
Insert indicator file into the indicators folder.
If you need any help just contact our team.
Download the DEMO version of the Aroon EA MT4 and try it in the strategy tester, before purchasing this forex trading robot MT4.
Payment methods: PayPal, Skrill.
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This EA has no any limits:
Works with any timeframe
Works with any market
Friendly settings menu
Easy to set up
There are no any restrictions
Best quality guaranteed
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