The HAPPY EA
The Automated Envelope/RSI/SMA Double in a Day trader
The Continuously trading MT4 Expert Advisor that let's you to use the ENVELOPES, SMA and the RSI to enter high probability trades and then to use the DOUBLE IN A DAY technique to manage and exit those trades - ALL ON A SET AND FORGET BASIS !!!
Overview
The Double in a Day EA has been one of our most successful Forex Expert Advisors. It does however require some skill and experience to identify and enter high probability deals. Many clients who are not manual traders have asked us to find a continuously traded , Set and Forget solution that uses the principles on the Double in a Day technique but can make its own entry decisions.
The Happy EA (watch the video below) trades continuously on a set and forget basis. It enters BUY Double in a Day trades when the RSI is oversold and the price is touching the lower envelope at the same time. It enters SELL trades when the RSI is overbought and the price is touching the upper envelope at the same time. The SMA is an alternative entry technique. Nice and simple.
The inputs are also very easy requiring settings for the Envelope, SMA, RSI and a selection of 12 pre-programmed Double in a Day Strategies.
The settings use the timeframe and currency of the open chart which should ideally be 15 Minutes charts. Settings for the GBPJPY, GBPUSD and EURJPY are supplied.
EA Inputs
The inputs for this EA are extremely simple and are shown below
To keep the EA simple and easy to use there are 12 preformated Double in a Day Strategies provided
VIDEO
View this video for more details about the HAPPY Expert Advisor
Potential Results
This EA has only recently been created and has therefore NEVER been traded before but has been identified as one of the most robust ways of identifying Double in a Day Trades. The result shown are from our testing and optimization work performed on the EA. Please view the video on this page to see the EA in action.
The results below are presented to give a view of how the EA trades and the type of transaction that are created. The results are very good and are unlikely to be sustainable in the long run - please view the test results to get an alternative perspective of expectations.
Access the detailed log of actual trades using this link:- List of transactions
The Account above shows the how $230 resulted in $ 3 409 in gains from the 1st of January 2014 to the 31st of December 2014. The $230 account was increased 15 times using the double in a day technique on auto pilot.!!
The equity curve for the above account
Settings
As you can see by using the above menu setting are supplied for the most suitable currencies. Other currency setting are available fro out EA Optimisation service. Some of the setting produce spectacular results.
Micro Lot Sizing
When trading and testing the HAPPY EA please remember that the Double in a Day lots sizing works best it they can be very accurately calculated. So please use an account that can provides micro lot sizing to 0.01 of a Main lot.
More On Expert Advisor Settings
Using the best Settings is important when trading Expert Advisors
There are no magical settings that will work all the time for every currency, timeframe and broker account. However to help you find the best settings were provide 2 main sources of information regarding settings for Forex and Index Trading:
- We have over 30 optimised Forex settings (setting what worked best in a recent 12 month period) covering the 10 main trading currencies and 3 timeframes and a further 18 optimised Index settings covering main indices and 3 timeframes which you can access and download for all our set and forget EAs. These FREE settings are downloadable from the EAFactory website from the product information page on their website after your purchase. These setting are updated every 2 to 3 months
- We also have Live monitoring Accounts trading most of our EAs and the results can be viewed in our forum: https://forum.moneymakingforextools.com/. You have to register as a forum member.
- BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat into the future. Past performance shown on this page and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this we recommend that you test the EA on your own broker account using many variations of currencies, time frames and settings to make sure you experience favourable results in current market conditions before trading live accounts. 0.01 lots per $1000 in your account is recommended every time this EA is used.
To keep our EAs current we also run regular trading competitions where our clients trade ALL our trading EAs. To see the most recent results use this link:- COMP19
FOR MORE INFORMATION ABOUT THE SERVICES
PLEASE CLICK ON THE PICTURES ON THE RIGHT >>>
How to get hold of
The HAPPY EA
Before your purchase, please read our RISK DISCLAIMER and SALE CONDITIONS at the bottom of this page
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Free to owners of the RSI Envelope Trader EA
The Happy EA is free of charge to owners of the RSI Envelope Trader EA. All you have to do is log into your account on the EAFactory website> EAFactory and you will be able to download it.
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