SUMMARY
PERFORMANCE (LIVE FORWARD TEST)
KEY FEATURES
Currency Pair | EURGBP |
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Time frame | M5 |
Terminal | MT5 |
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Trading Syle | GRID TRADE |
Steps to download Time Bomb for Free
The free EAs on this site only work with real accounts of brokers we partner with. Follow steps 1-3 below to open a trading account with the specified broker.Step 1
Register with one of the brokers below. If you are already registered with a broker, you can skip this step.XM Global Open Account |
$50 Welcom Bonus +50% Deposit Bonus(UP TO $500) +20% Deposit Bonus(UP TO $4500) |
Whether you can sign up with XM(Global) or XMTrading depends on your country of residence. | |
XM Trading Open Account |
$50 Welcom Bonus +50% Deposit Bonus(UP TO $500) +20% Deposit Bonus(UP TO $4500) |
Whether you can sign up with XM(Global) or XMTrading depends on your country of residence. | |
HF Markets(HFM) Open Account | +20% Deposit Bonus | ||
FXOPEN Open Account |
|||
TRADER’SWAY Open Account |
Step 2
Open a real account following the instructions for each broker. How to open an account for each brokerXMTrading Sign In
Step 3
Please let us know the details of the trading account you created in “Step 2”. If we confirm the account opening, we will send you the EA file by email.Description
This EA works on the 5-minute chart of MetaTrader 5 (MT5) and targets the EURGBP currency pair. EURGBP is one of the currency pairs that is said to be suitable for grid trading, and we take advantage of its characteristics for effective trading.
This EA uses multiple entry logics to flexibly respond to various market conditions.
The first entry uses an envelope indicator, which recognizes when the market is overbought or oversold and enters in hopes of a market reversal.
Additionally, our EA executes recovery trades to quickly accumulate profits.
The recovery trade logic of this EA focuses on “”the passage of time”” rather than “”how much the price moved””. This allows you to avoid large losses due to rapid price fluctuations in a short period of time and accumulate profits more stably.
Taking into account not only price movements but also the passage of time improves the stability of trades and is an effective method for managing risk.
Attach an EA to the M5 chart of EURGBP on MT5.
parameter settings
・Lot_Size: Minimum 0.01 lot ~ Please set according to your account balance.
・Magic number: Normally, there is no problem with the default setting. This is the number that identifies this EA order within the account. If you use multiple EAs in one account, please set the magic number so that it is not the same as another EA’s magic number.
Since this EA holds multiple positions, it cannot tolerate drawdowns if the account balance is too small or the lot size is too large.
The recommendation is to start with 1000 USD and 0.01 lot. Be cautious about increasing lot size. Foreign exchange markets change rapidly and involve risks.
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Steps to download Time Bomb for Free
The free EAs on this site only work with real accounts of brokers we partner with. Follow steps 1-3 below to open a trading account with the specified broker.Step 1
Register with one of the brokers below. If you are already registered with a broker, you can skip this step.XM Global Open Account |
$50 Welcom Bonus +50% Deposit Bonus(UP TO $500) +20% Deposit Bonus(UP TO $4500) |
Whether you can sign up with XM(Global) or XMTrading depends on your country of residence. | |
XM Trading Open Account |
$50 Welcom Bonus +50% Deposit Bonus(UP TO $500) +20% Deposit Bonus(UP TO $4500) |
Whether you can sign up with XM(Global) or XMTrading depends on your country of residence. | |
HF Markets(HFM) Open Account | +20% Deposit Bonus | ||
FXOPEN Open Account |
|||
TRADER'SWAY Open Account |
Step 2
Open a real account following the instructions for each broker. How to open an account for each brokerXMTrading Sign In