Product Description

Magic Seven MT4

Magic Seven is a fully automated EURUSD Daily Trend System.

Before London Trading Season, EURUSD movements are small and predictable. The system focuses only Small and Steady Profits.

The EA does not use grid, martingale, averaging or other dangerous strategies. It uses fixed stoploss for every position.

General Strategy Definition

• Correct Open Time: It opens just one position at 5 hours before London Markets opening.
• Only One Position: This system holds only one position at the same time.
• Open Trade Frequency: It doesn’t open trade everyday. We are expecting averagely 4 orders for a week.
• Perfect Direction: Its entering direction depends on daily trend. The system checks 12 different Trend and Mean Reversion conditions.
• No dangerous strategies: Martingale, Grid, Averaging or other dangerous strategies are NOT used.
• Easy to use: Few input parameters.
• For every trader: This trading system is suitable for both experienced traders and beginners.
• 100% Quality Test: Stress tested with 100% tick data using variable spread
• VPS: It can work on VPS

Recommendations

• Symbol: EURUSD
• TimeFrame: H1

• Min Account Balance: 200 $

• Broker: All brokers are fine. (Prefered: ECN/STP Brokers, low spread & low commision)
• Broker Permission: Please be sure that your broker supports AlgoTrading with EAs. (Sometimes broker doesn’t let you open trade with Expert Advisor)
• Leverage: All leverages are fine (Prefered: Greather than 100)

• • Broker GMT in Winter: Your broker’s timezone in winter (Default +2)
  • Broker use Daylight Saving Time: If your broker’s time is observed DST, choose true. (Default: true)

• • Lot Calculation Type : Percentage_of_Free_Margin / Fixed_Lot / Percentage_of_Balance
  • Percentage of Free Margin (Between 1-100) : It shows Percentage of Free Margin which is used for calculating lots. This value must be between 1-100
  • Fixed Lot : It is active when Fixed Lot is selected for Lot Calculation Type
  • Percentage of Balance (Between 1-100) : It shows Percentage of Balance which is used for calculating lots . This value must be between 1-100
  • Maximum Lot: It shows maximum lot per trade. (Default: 10)

• • TakeProfit (pips) : TakeProfit level is not shown in order, but the system always checks takeprofit level. (Default: 7)
  • StopLoss (pips) : If you don’t like to take risk so much, please use smaller StopLoss level (Default: 225)

• • Magic Number : Magic number for this expert’s orders
  • Max Slippage (Points) : Maximum deviation from quoted price
  • Comment : You may add a comment to your trades