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TOM - Turn of the month effect EA
Expert Advisors / Anomalies EAs

TOM - Turn of the month effect EA

Starting from 1987 Ariel’s work, in which he showed that Dow Jones returns in the 1 st part of the month are significantly higher than the ones of the 2 nd part of the month, Lakonishok and Smidt (1987) noted that the performance in the 4 days around the end of the month was 0.473%, while the average of returns over a period of 4 days was 0.0612%. To know more about the TOM strategies, click here to read the article. Requirements Since the TOM dates are different according to the tactic (read the article linked above), the EA needs a csv file containing the turn of the month dates to work. To get the TOM dates, contact us and we will send you the csv file. The .csv file has to be placed, to trade in real time in "MQL4/Files/BTM-Files/Dates" and to backtest in "tester/BTM-Files/Dates". The csv file name must be equal to the "EA Name", which is an input parameter of the Expert Advisor. NB : The EA and needs " Main EA and libraries " to work, and has the features described in its product description.

33.99

One-time · 2 downloads included

Qty
1
Instant download
Always up to date
CSV for MT4/MT5
Established since 2014

Often bought together

Main EA and libraries
Expert Advisors / Main EA

Main EA and libraries

The product contains: - "Main EA" : an Expert Advisor to manage the entire portfolio. It opens all the charts and applies the templates with the EA attached It provides an overview of the portfolio EAs It compute and shows data (n°open positions, current capital at risk etc.) and the statistics of each EA (avg trade, winnign percentage, cumulative return, etc.) - Library of functions and classes , that permits to run all the others BTM EAs with many features. There are functions for: Trade management : open, manage, and close the positions (e.g. exit after N hours / days, exit if the trade is in profit etc.) Customize SL, TP, RF, TS : compute the stop loss, take profit, risk free, trailing stop in different ways (in points, in percentage, ATR multiple) Money management : compute the lot size in different ways (fixed lots, percentage of equity, in money). Recover positions if MT4 is restarted : recognize the previously opened position by the EA when the MT4 is restarted, through the order magic number Stop the EA if it would stop working : set a level of maximum drawdown (e.g. 10%), and after that level, the EA will stop to operate with real money. It will continuw to trade "virtually", recording trades into "M.../Files/BTM-Files/Csv/'EA_name'" and it will restart to operate if the equity line will recover above that drawdown level. etc To know more about calendar anomalies, at the base of EAs strategies, visit the blog of our other website, ForecastCycles , in which we do a deep analysis of market calendar anomalies. Read more about the installation of the "Main EA" and the following steps in the "Details" section of the table below.

87.99

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