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MT5
Turnaround Tuesday EA
The well-known Turnaround Tuesday strategy as a ready-to-run EA.
Strategy
Weekly recovery
Markets
Index CFDs
Timeframe
D1
Platform
MT5
About this EA
The original idea: wait for pullbacks in the major indices, then ride the recovery move at the start of a new week. A strategy traders have used (and still use) for years.
The EA only opens buy trades. I personally run it on index CFDs because they tend to drift higher over time. You can configure the opening and closing time and day, set TP/SL levels, and limit entries to fresh daily highs.
Tutorial video
Disclaimer: I do not recommend specific inputs. The defaults are not necessarily optimal. Different symbols need different inputs. Past performance is not indicative of future results. Never trade with money you cannot afford to lose.