The unique strategy of the Leprechaun EA is that its open order grid with the trend, unlike usual Martingale robots that open against the trend. When the trend changes, the robot reverses the balance of trading positions in the trend direction and closes the whole grid of orders. The robot can trade constantly and also run at certain time intervals, for example, in trading sessions where the market is most volatile.
You should avoid the flat market on holidays, evenings, and nights when using Leprechaun or on the American trading session. The Expert Advisor does not use indicators, the only indicator for the robot is the price itself, where the price goes, the robot opens positions there.
At the basic settings, the robot enters the market by default at the opening of the American trading session at 16.00 Moscow time. It opens a grid of orders based on the trend and closes it waiting for the next day. Profit of 1% per day, including refinancing more than 25% per month.
- The robot can be used on any currency pairs, but the basic settings are optimized for trading on XAUUSD(gold)
- Work on H1 Timeframe
- Minimum balance: from 1000 cents USD ($10).
- Recommended balance: from 10,000 cents USD ($100).