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Version: 3.0

Example B2: Trading at specific days of week

caution

This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.

Description​

This example extends timing control to specific weekdays, only allowing trades on Wednesdays and Thursdays. Market research often shows certain weekdays have different characteristics - Mondays can be unpredictable, Fridays see position squaring, while mid-week offers more stable trends. The visual timing system highlights permitted trading days clearly.

The technical setup remains consistent with moving average crossings for signals and Standard Deviation for stop losses. By limiting trading to two days, the strategy reduces market exposure while potentially improving win rates by focusing on statistically favorable periods.

This approach suits part-time traders who cannot monitor markets daily. It also helps maintain discipline by preventing overtrading, a common problem for enthusiastic beginners. The fixed lot size and risk ratio keep money management simple and consistent.

Recreate the Example​

You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:

Trade Basics

  • Operation type = Long

Signal Generation - Indicators - STD

  • Signal in use = On
  • Signal used for = Forward
  • Selected indicator = STD
  • Draw in chart = Off
  • Forward adjustment = 3.50

Signal Generation - Indicators - SMA

  • Signal in use = On
  • Signal used for = Entry
  • Selected indicator = SMA
  • Draw in chart = On
  • Drawing slot = 1

Signal Generation - Indicators - EMA

  • Signal in use = On
  • Signal used for = Entry
  • Selected indicator = EMA
  • Draw in chart = On
  • Drawing slot = 2

Signal Generation - Indicator Combinations (SMA & EMA)

  • Signal in use = On
  • Signal used for = Entry
  • Input indicator 1 = SMA
  • Input indicator 2 = EMA
  • Value relation = Value x cross value x

Initial Stop Loss

  • Selection = Indicator
  • Used indicator = STD

Initial Take Profit

  • Selection = Risk ratio
  • Risk ratio = 1.40

Timing

  • Visualize timing = On
  • Trading days of week = Wednesday-Thursday

Volume Calculation

  • Volume calculation method = Fix lots
  • Fix lots = 0.10

Screenshots​

Example B2: Trading at specific days of week.webp