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Next version of e-Friday EA: S/L, time to open the order and time to exit were sorted by the sell and buy orders.
Besides, please find an updated e-Friday indicators (i-Friday_Sig4 and i-DayOfWeek). The EA is working without any indicators (but on Friday only). Indicators may be used for the visualization, etc. And find the author's statement, eurusd, M1, from 2001 till September 2005. Detailed statement is attached. ![]() |
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There are two different EAs.
One is trading on Friday only. An other one is trading on Monday only. Why friday? Why monday? It was some explanation that we may trade against the main weekly market direction on friday (because of the news). But the price will continuing the last week's direction on Monday. So it is better to close all the orders which were opened on Friday by Friday and open new one on Monday. In most cases these Monday's orders will be in opposite direction with Friday's. So, it's just an explanation. See Monday's and Friday's indicators here. |
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