EA based on the Bollinger Band indicator.
Bollinger Bands (Lines) — is the instrument of technical analysis of financial markets reflecting current price deviations. The indicator is calculated on the basis of standard deviation from a simple moving average.
Bands_Period – period of moving average;
Bands_Deviation — number of of standard deviation from a moving average;
MoneyRisk — risk for deposit extern double;
Lots — volume of open positions;
Slippage — slippage;
MinProfitForClose — lowest profit required to close positions;
TrailingStop — trailing stop value;
TrailingProfit — trailing profit value;
MinStopLevel — lowest stop level;
Use_TP_and_SL — use take profit and stop loss;
Use_Trailing_Stop — use trailing stop.
Happy Market Hours EA uses scalping strategy with technical indicators, that best works on EURUSD, EURCHF, EURGBP, EURCAD, USDCAD, USDCHF, GBPUSD, GBPCAD, GBPCHF, CADCHF to M15 chart. EA Happy Market Hours works best on low pip spread. We recommend 5 pip spread as maximum, the lower the spread the better EA Happy Market Hours works. Happy Market Hours EA Is equipped with Spread Filter which will stop the EA from executing trade if the broker spread is above setting spread. Uses dynamic stop loss and take profit levels based on market sentiment.