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• Forex Red Eye EA is an intelligent automated Expert Advisor. It is working with many smart strategies and works without any complicated settings.
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• Entry and exit logic operates on Bar Close only. This filters market noise, dramatically speeds up optimizations, avoids stop loss hunting, and ensures proper operation at any broker with a reasonable spread.
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• This EA has a protection function in that the EA is not allowed to open positions above a spread to be set.
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• Furthermore, you can set at what times the EA should only be active.
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• In addition, you can set the EA to close all positions below a certain equity.
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• 4 different types of Money Management (Fixed Lot, Percentage, Geometrical, Proportional)
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INFORMATION

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• Use on several accounts is possible
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• Works with 4-5 digits brokers
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• Money management (Maximum Spread, Minimum Equity) is adjustable
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• 4 Types of Money Management
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• Trading times are adjustable
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• Best Timeframe: H1
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• Symbols: USDJPY
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• Minimum deposit: $500
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• before using on real money, test the adviser with the minimum risk on the cent trading account
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• Use VPS or the server with minimal network delays to the server of the broker;
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• low spreads + low commission + quality execution – this is the main thing when choosing a broker for trading
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• SHOW INFOPANEL ON CHART – Show Infopanel on Chart
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• Custom Order Comment – CUSTOM ORDER COMMENT
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• Base Magic Number – You can change Magic Number.
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• MM: 1.PERCENTAGE 2.FIXED 3.GEOMETRICAL 4.PROPORTIONAL – Choose your Money Management
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• Maximum Lots – Your Maximum Lot size value when using Entry percent.
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• FIX Lots – If use MM Fixed Enter Lotsize here
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• Geometrical Factor – Enter Geometrical Factor if use Money Management 3 (GEOMETRICAL)
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• Proportional Risk– Enter Proportional Risk Factor in % if use Money Management 4 (PROPORTIONAL)
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• Entry Percent – Your entry risk based on your equity value.
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• Use Spread Protection – Select if you want to use maximum spread protection.
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• Maximum Spread (points) – Maximum allowed spread to open a position.
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• Use Minimum Equity – Select if you want to use Equity Protection.
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• Minimum Equity – Stop opening new trades, close all trades and disable the EA when equity is below X amount.
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• Sunday Open – start trading time on Sunday. Enter time in seconds when the EA starts opening positions on Sundays.
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• Sunday Close – end trading time on Sunday. Enter time in seconds when the EA stops opening positions on Sundays.
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• Monday-Thursday Open – start trading time on Monday-Thursday. Enter time in seconds when the EA starts opening positions on Monday-Thursday
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• Monday-Thursday Close – end trading time on Monday-Thursday. Enter time in seconds when the EA stops opening positions between Monday-Thursday.
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• Friday Open – start trading time on Friday. Enter time in seconds when the EA starts opening positions on Friday.
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• Friday Close – end trading time on Friday. Enter time in seconds when the EA stops opening positions on Friday.
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• Ignore Sunday – Select if the EA should trade on Sundays, true/false.
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• Close at session Close – Close all positions after a session, true/false. Time you have setup before.
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• Close at friday Close – the EA will close all positions at the end of Friday session.
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