The Secret Impulse EA is designed to capitalize on the unique market conditions surrounding the New York trading session. This automated EA identifies and leverages hidden trading opportunities as market momentum builds during this high-volume period, offering traders the potential for swift and profitable trades.
The New York session is known for its high trading volume, often leading to significant market movements. The Secret Impulse EA is engineered to enter trades precisely when the market exhibits momentum, ensuring that trades align with the prevailing market dynamics. By doing so, it boosts the likelihood of reaching the desired Take Profit levels quickly and efficiently.
The EA detects hidden impulses via Fair Value Gap (FVG) on lower time frames. These impulses are typically identified just before or during the New York session, prompting the EA to open a position. This strategic entry ensures that trades are initiated when the market is most likely to experience a momentum-driven movement, increasing the chances of success.
Adaptive Position Management
Once a position is opened, the Secret Impulse EA employs a range of strategies to manage the trade based on the current market dynamics:
- Stop Loss Activation – If market momentum dissipates quickly, the EA triggers a stop loss at a predetermined price level, safeguarding against potential losses.
- Reverse Position Strategy – If conditions warrant, the EA may not only trigger the stop loss but also open a new position in the opposite direction, capitalizing on any potential reversal in market trends.
- Dynamic Position Management – In scenarios where the market conditions are more fluid, the EA can manage the initial position by strategically adding or removing positions until a profit is realized.
Recommendations
- Minimum account balance of 500$.
- EA is specially designed to work on GOLD (XAUUSD).
- Work best on M1 TimeFrame.