Dow Jones Trader

Dow Jones Trader is a professional expert advisor made for MetaTrader 5 trading platform based on the original Cyclicality indicators. This software is optimized for spot CFD of Dow Jones Industrial Average Index, the main Wall Street Index (US30). The Dow Jones Trader was developed starting in December 2003 on an open source server environment, in 2010 was adapted for MT4, and in 2022 was converted for MT5 with better profitability and no significant differences between the backtest and real trading results.

Version: 1.86
Last update:

Dow Jones Trader includes 33 original trading strategies, working consecutively, depending on the market conditions. There are two execution lines, the main one triggered by the price action itself and the second one by adding a position at a better price. The default settings are optimal. A specific stop-loss protects each trade. The user must set only the allocated risk or a custom trading volume according to his risk and capital management plan. A capital exposure protection level can be also set to protect the capital when using more expert advisors in the same account.

This software is an investment tool, not a high frequency trading software. It uses Price Cyclicality, Relative Cyclicality, Adaptive Cyclicality, Compound Cyclicality, Volume Cyclicality, Price Prediction Line, Price Cyclicality Line, Smoothed Heikin Ashi, Relative Smoothed Heikin Ashi, Relative Momentum, Order Blocks, and Price Action Line indicators.

This expert advisor is designed, tested and optimized for USD capital accounts with 1:500 leverage with hedging, and a minimum capital of 10000 USD. For this case, the risk can be set between 1% and 50%, at the user's choice. This program was not designed and tested for lower capital.