Forex Robot

10 Pips Daily EUR/USD Forex Robot for Trading

Expert Advisior

10 Pips Daily EUR/USD Forex Robot for Trading

Many traders like to place pending orders above and below the previous day high and low price. This forex robot does the job for you. It places 2 pending orders: 1 order to buy the currency pair 2 pips above the previous day high price and another order to sell 2 pips below the previous day low price.

The default profit target for both pending orders is 10 pips. Take profit and stop-loss values can be changed using the EA inputs tab. It’s recommended to use this robot on the EUR/USD and GBP/USD pairs.

Trading Signals

Buy trade(s): EA opens a buy order if the price breaks 2 pips above the previous day high price and closes the trade for 10 pips.

Sell trade(s): EA opens a sell order if the price breaks 2 pips below the previous day low price and closes the trade for 10 pips.

Trading Preferences

Currency pairs: EUR/USD + GBP/USD

Best time frames: N/A

Trade time: The robot places 2 pending orders at 00.00 GMT. One order to buy and one order to sell.

Download

Download the Expert610_eng.mq4 forex robot.

Configurable Expert Advisor Options

Stop-loss, take profit, threshold, lot size, magic number,…

EUR/USD H1 Chart Example
Forex Robot

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