PZ The Zone EA 外汇EA

This expert advisors trades donchian breakouts according to Bill Williams’s definition of “Trading in the Zone”. It uses alligator to
find strong trends, AC and AO to identify trading zones and MACD to avoid trading exhausted trends. [

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• Easy to use and supervise
• Fully configurable indicator settings
• Customizable break-even, stop-loss, take-profit and trailing-stop settings
• Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
• Trades can be closed on opposite signals
• Implements a martingale feature
• Implements multi-timeframe filters
• Filter trading by forex sessions

Four different trading behaviors are available in the EA inputs:

• Regular: The EA will buy at bullish signals and sell at bearish signals
• Inverse: The EA will sell at bullish signals and buy at bearish signals
• Only Buy: The EA will buy at bullish signals and disregard bearish signals
• Only Sell: The EA will sell at bearish signals and disregard bullish signals

Additionally, it implements four different money management modes:

• Trade manual lotsize: The EA will trade a fixed lotsize on each trade
• Auto-calculation of lotsizes: The EA will risk % of the account on each trade
• Martingale: The EA will double the lotsize after a losing trade
• Inverse Martingale: The EA will double the lotsize after a winning trade

According to Bill Williams trading in the zone helps to maximize/double/triple profits when the market goes your way, namely, when momentum,
acceleration and price confirm that you have strong trend or acceleration period. It can be used to get into trends safely or adding to
positions aggresively. For the record, it makes use of the following:

• Alligator to find strong trends
• AC and AO to identify trading zones
• MACD to avoid trading exhausted trends

Input Parameters

• Trading Settings – Select the trading behavior: regular, inverse, only long or only short.
• Indicator Settings – This parameter group holds the indicators settings.
• Position Management – This group of settings applies to trading decisions and trade management. You can select trading direction,
  break-even in pips, break-even behavior, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips.
• Session Settings – Enable or disable trading for the Asian, European or American sessions, as well as trading week days.
• Money Management – In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also
  implements a martingale behavior. Entering a manual lot size is recommended. You can also enable NFA/FIFO compliant trading
• EA Settings – You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the
  default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and
your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to
find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.