Ilanis Expert Advisor is a trading expert for stock trading, suitable for working on Forex, as well as for other markets, commodities, metals, and indices.

This is the free version of the Ilanis Expert Advisor. The robot opens deals only for purchases. This allows you to fully test the performance of the expert Advisor, the money management system and position control. You can trade on real accounts. But the profitability of the full version is greater.

To determine the entry into the market, a modern and super-adaptive FourAverage indicator is used.

The principle of maintaining a position is similar to the work of the well-known Forex expert Advisor “Ilan”, using averaging. But unlike Ilan, Ilanis uses a precise and verified entry into the market. The robot pays attention to the control of the position, if the price did not go in the predicted direction. This is done by increasing the lot by Martingale (the ExpLot coefficient can be set in the settings, on average from 1.1 to 1.8).

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Trading is based on the fact that 80% of the market moves flat. The risk for the Expert Advisor may be prolonged trends, but this happens quite rarely. The reason for such trends can be extraordinary events such as war, economic collapse, etc. You can find out about this on news sites, after which it is advisable to turn off the Expert Advisor. If this is not possible, then the robot, thanks to a flexible money management system, is in most cases able to withdraw aggregate positions, even those opened against the trend, into profit, the size of which may significantly exceed the initially planned one. It is clear that the risks are also increasing.

The main rule when working with Ilanis: do not be greedy, do not overestimate the lot, use the settings obtained after proper optimization. Periodically optimize the parameters for the current market.

• Full version of the Expert Advisor: https://www.mql5.com/ru/market/product/25939
• Monitoring the work of the Ilanis Expert Advisor: https://www.mql5.com/ru/signals/author/fastinvestments
• Ilanis for MetaTrader 4: https://www.mql5.com/ru/market/product/16559

• Trading terminal: MetaTrader 5.
• Accounts with the possibility of hedging.
• Currency pair: any.
• Time frame: without restrictions.

• Sets-replaces the settings – – – =BUY SETTING=— with the built-in sets.

—=BUY SETTING=—

• BUY-Enables BUY.
• PeriodFA1 – The calculation period of the FourAverage indicator(1-200).
• Average1_1 – The first level of adaptive smoothing, the value is 0-300.

—=MONEY MANAGEMENT SETTING =—

• Lot – The lot size of the first order. If the values are negative, it is used as a constant lot (Example: Lot = -0.01 the trade will open with a volume of 0.01 lots). If the values are positive, the amount per 1000 units of the deposit is indicated (Example: Lot = 0.04, on the account of $ 2000, the transaction will open with a volume of 0.08 lots).
• ExpLot-Multiplier of the transaction volume of subsequent orders in the series.
• Commission – your broker’s commission for 1 lot.
• StopLoss and TakeProfit – Positive values: In points from the first order in the series. Negative values: In the deposit currency for 1 lot of the first order in the series.

——–=FILTER=——–

• BlockOpenOldPrice-a ban on opening at a price better than the previous transaction.
• StopIlanis-A ban on opening new episodes, the current series will continue.
• StartHour – Start of trading.
• NotWorkingHours-Specify the hours of the day when trading will be prohibited. Example: “0, 1, 2, 3, 22, 23”.
• NotWorkingDayWeek-Specify the days of the week on which trading will be prohibited. Example of a ban on Monday and Friday: “1, 5”.

—=ORDERS SETTING=—

• MaxSpread – if the current spread is greater than this value, the trade will not open.
• MagicNumber_ – the beginning of the range of magic numbers occupied by the expert. The Expert Advisor occupies 50 rooms.
• Slippage – allowed slippage.

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