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The EVE Expert Advisor is a forex Trading robot that trades on the EUR/USD pair.
- It trades several Time Frames but it is most accurate on the 15 to 1hr timeframes.
- It trades the trend entry and the pull back strategy.
- It also uses the Force index, parabolic SAR, 200MA, and the 50 MA for trade confirmations and signal entry
Indicator Conditions
CONDITION 1 (TREND ENTRY)Â Â INDICATOR CONDITION (BUY)
if the 50 moving average is above the 200 moving average.
if the price close of a candle is above Parabolic SAR and the 200 moving Average, and the 50 moving average, and if the force index is above 0.
If the price close is not greater than the 200 Moving Average by X pips.
If the force index is not greater than X call the Buy Trigger Function
CONDITION 2 (TREND ENTRY)Â Â INDICATOR CONDITION (SELL)
if the 50 moving average is BELOW the 200 moving average.
if the price close of a candle is BELOW the Parabolic SAR and the 200 moving Average, and the 50 moving average, and if the force index is above 0.
If the 200 Moving Average is not greater than the price close by X pips.
If the force index is less than -1.0, call the sell Trigger function.
CONDITION 3 (PULL BACK)Â Â INDICATOR CONDITION (SELL)
if the 50 moving average is at least 150 pips above the 200 moving Average.
if the open of the previous candle was above or equal to the 50 moving average
If the open of the current candle is below but not less than 150 pips below the 50MA.
CONDITION 4 (PULL BACK)Â INDICATOR CONDITION (BUY)
if the 50 moving average is at least 150 pips below the 200 moving Average.
if the open of the previous candle was below or equal to the 50 moving average
If the open of the current candle is above but not greater than 150 pips above the 50MA.
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