■Overview

[K-Thistle03_EURUSD] is an EA belonging to the date trade type and
trend following system exclusively for EURUSD 5 minute bars. 

Logic, we will check the trend of the 1-hour ~ 4-hour level, wait for a temporary correction to fall if it is an
uptrend, and then wait for a temporary correction to fall, and if it is a
downtrend, wait for a temporary correction rebound and then aim for a return sell
.

It is a steady-and-fast type that settles with a certain profit margin without aiming for a large profit, and the
risk-reward ratio is less than 1, but it is covered by the winning rate.

It is good when there is a trend and a certain amount of volatility, and I enter many times in
such a market situation.

However, since it is not good at trendless and low volatility, it
rarely enters when such a market situation is in place.

■Parameter explanation

・ MAGIC: Magic number (initial value: 19753303)
Set a value that does not affect other EAs

・ MM_Work: Turn on / off the compound interest function (initial value: false)
Set it to true when using the compound interest function

・MM_Risk: Risk tolerance (initial value: 10.0%)
At what percentage of the maximum leverage to set the number of lots?

・ Lots: Number of lots (initial value: 0.1)
In the case of simple interest setting, it will be the number of lots set here.

・ Leverage: Set leverage when using the compound interest function (initial value: 25.0)
The multiplier that can actually be bought and sold against the margin

・ Slippage: Allowed slippage (default value: 2PIPS)
If you slip any more, you will not enter.

・ stime: Entry start time (default value: 3) ・ etime: Entry end time (default value: 19)

Entry is made in the time zone between stime and etime.

Be sure to use this EA with brokers with winter time GMT+2 and daylight saving time GMT+3.
The above stime and etime are server time.

If [MM_Work] is false, the entry will be based on the number of lots in [Lots].
If [MM_Work] is true, the number of lots is calculated from the free margin amount and [MM_Risk] and [Leverage]. 

Specifically, the number of
lots = leverage * free margin / 100000 / price in account currency * (risk tolerance / 100).

Reference example:
Leverage = 25 (initial value), Risk tolerance = 10.0% (initial value),
Free margin = $10000, EURUSD price = 1.46, For a dollar account,
25*10000/100000/1.46*(10/100)=0.17 lots are entered.

■ About the behavior of this EA

・ The stop width varies depending on the volatility at that time, but it is
up to 115 pips at the maximum.

・ The stop is set when the position is made, but for
settlement, the position is closed when the internal logic is matched, or when the
stop is reached, or when the opposite position is opened with
a dot.

・ In many cases, it takes about 12 hours from entry to payment, but if
it is long, it may continue to be held for more than 1 day.

・ The maximum number of positions is 3, and it is not double-decked.
You do not always have 3 positions, but depending on the chart shape at that time, you may hold up to
1 position ~ 3 positions.

・ There is no weekend payment function, so if you enter on a Friday, it may be carried over to
the next week.

・ IT IS DESIGNED NOT TO ENTER WHEN VOLATILITY IS LOW, BUT AS A
ROUGH GUIDE, PLEASE THINK THAT YOU WILL NOT ENTER WHEN THE AVERAGE DAILY PRICE RANGE IS WITHIN 1 PIPS.
Therefore, if such a situation continues for many days, you will not enter for many days.

That’s all.