YumokinFX Moving Average is a specialized forex trading tool, optimized for GBPJPY trades. This Expert Advisor (EA) employs the moving average technical strategy to facilitate effective currency trading.
Key Features of YumokinFX Moving Average
The YumokinFX EA is a unique tool designed to streamline the trading process. It’s built with a focus on GBPJPY trades, but its core functionalities can be applied to a variety of currency pairs. The EA is best suited for 15-minute charts, simplifying the process of tracking market trends and actions.
With a maximum of one position at a time, the YumokinFX EA is easy to handle. It sets the maximum profit at 0 pips, indicating unlimited potential for profit. Conversely, the maximum loss cut is capped at 80 pips, minimizing potential losses. The EA also features an ‘add’ button to seamlessly increase EA positions.
What sets the YumokinFX EA apart is its optimization using TICKDATA, enhancing its reliability and performance.
Parameters of YumokinFX Moving Average
The YumokinFX EA offers a range of adjustable parameters for customization. The ‘magic’ parameter allows you to set a unique number, different from other EAs. The ‘NormalLots’ parameter lets you set the number of lots in the normal position. If the market moves in the opposite direction, you can set the return position using the ‘DotenLots’ parameter.
Profit and loss cut points can be set using the ‘profitPips’ and ‘losscutPips’ parameters respectively. The EA also allows for adjustments in the order lot according to the funds via the ‘CompoundMode’ parameter. The ‘RiskPercent’ parameter determines the leverage of the order lots, with higher numbers resulting in more leveraged order lots.
Time Zone Adjustments
The EA also caters to different geographic locations by allowing users to set the GMT offset for their broker’s winter and summer timings. This ensures the EA operates accurately according to the user’s local time zone.
Independent Testing and Updates
Prospective users can check the performance of the YumokinFX Moving Average EA by watching independent tests on the Forex Robot Easy website. Regular updates on the results of these tests are also available for subscription.
FAQs
1. What is the YumokinFX Moving Average?
The YumokinFX Moving Average is a specialized EA designed to optimize GBPJPY trades. It uses the moving average technical strategy to facilitate effective currency trading.
2. How many positions can the YumokinFX EA handle at a time?
The YumokinFX EA can manage a maximum of one position at a time, making it easy to handle for traders.
3. Can I adjust the parameters of the YumokinFX EA?
Yes, the YumokinFX EA offers several adjustable parameters including ‘magic’, ‘NormalLots’, ‘DotenLots’, ‘profitPips’, ‘losscutPips’, ‘CompoundMode’, and ‘RiskPercent’.
4. Where can I test the performance of the YumokinFX EA?
Independent testing of the YumokinFX EA can be viewed on the Forex Robot Easy website.
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We invite users of the YumokinFX Moving Average EA to share their experiences and feedback. Your insights can help other traders make informed decisions.
Please note that this review is independent and does not endorse or promote any specific product.
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