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Reasonable Trader – Forex Expert Advisors MT4

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Reasonable Trader is a multi-currency expert Advisor, not a “martingale” or “grid”.

Works with 5 and 4 decimal places in the quote.

Real account monitoring:

Demo account monitoring:

  •  Moving Average of Oscillator
  •  Stochastic Oscillator
  •  Moving Average
  •  filter based on ” Elder impulse system”

 

  • For a five-digit quote, the parameters are adjusted automatically. For five decimal places in the quote, such parameters as, for example, “t_p=150” – (take profit level = 150 points) will be multiplied by 10 (take profit level = 1,500 points).
  • Dynamic “stop-loss” level. It is calculated taking into account market volatility.
  • Calculation of the lot size depending on the” stop-loss ” and the percentage of risk.
  • Filtering transactions where the loss in points may exceed the specified level (even if the risk on the transaction does not exceed the acceptable level).
  • Three-level “trailing stop” for highs and lows.
  • Transfer of “stop-loss” to breakeven.
  • It is possible to disable one or more indicators, or a filter. If you disable one or more indicators, you can achieve more aggressive trading.

 

  • comment – the user’s comment is displayed on the chart.
  • “Level of take profit” – the name of the function.
  • t_p – take profit level in points.
  • “chart period for calculating stop-loss” – name of the function.
  • tm_sl – the chart period for calculating the stop loss.
  • “number of bars for calculating stop-loss” – name of the function.
  • Num_bars_sl – the number of bars to calculate the stop loss level.
  • “The maximum level of stop-loss” – the name of the function.
  • Level_sl – the maximum allowed stop loss level.
  • “percent of risk” – the name of the function.
  • Risk_persent – the percentage of possible losses per trade.
  • “Minimum Lot” – the name of the function.
  • LotMin – minimum lot size.
  • “Maximum Lot” – the name of the function.
  • LotMax – the maximum allowed lot size.
  • “maximum orders in each direction” – the name of the function.
  • PosMax – the maximum number of open positions in each direction.
  • “Filtering by Elder Impulse System” – name of the function.
  • Filtering_on – (true-false) enables / disables the “Elder Impulse System”filter.
  • MACD_FastPeriod – the period of the fast “MACD”.
  • MACD_SlowPeriod – the period of the slow “MACD”.
  • MACD_SignalPeriod – the period of the signal line “MACD”.
  • EMA_Period – period “MA”.
  • PRICE – the price to calculate.
  • “Trigger-1-Stochastic Oscillator” – function name.
  • Trigger_1_on – (true-false) enables / disables the “Stochastic Oscillator”signal.
  • k_per – K-period of the “Stochastic Oscillator”.
  • D_per – D-period of “Stochastic Oscillator”.
  • slow-slow down.
  • st_price – the price to calculate.
  • method-MA-method for calculating the “Stochastic Oscillator”.
  • signal_duration_1 – the duration of the signal in bars since its appearance.
  • “Trigger-2-Moving average” – name of the function.
  • Trigger_2_on – (true-false) enables / disables the “Moving average”signal.
  • MA_Period – the “Moving average” period.
  • Ma_Shift-the “Moving average” shift.
  • MA_Method-the “Moving average” method.
  • Price – the “Moving average” price.
  • signal_duration_2 – the duration of the signal in bars since its appearance.
  • “Trigger-3-OsMa” – the name of the function.
  • Trigger_3_on – (true-false) enable / disable the “OsMa”signal.
  • OsMaFast_ema_period – the period of the fast “MA”.
  • OsMaSlow_ema_period – the period of the slow “MA”.
  • OsMaSignal_period – the period of the signal line.
  • OsMaFilter_ema_period – the period of ” MA “calculated by “OsMa”.
  • signal_duration_3 – the duration of the signal in bars since its appearance.
  • “MagicNumber” – the name of the function.
  • magic=487692 – “magic” – number.
  • Close_order – (true-false) closing positions when a reverse signal appears.
  • “break-even after (b_e) pips” – function name.
  • b_e-transfer of STOP LOSS to the break-even level after” b_e ” points.
  • “trailing stop-1” – name of the function.
  • Tral1 – (true-false) enables / disables the first level of the trawl.
  • tral1_after_pips – start of the work of the # 1 trawl after the” tral1_after_pips ” points.
  • “trailing stop-2” – name of the function.
  • Tral2 – (true-false) enables / disables the second level of the trawl.
  • tral2_after_pips – start of the work of the trawl #2 after the” tral2_after_pips ” points.
  • “trailing stop-3” – name of the function.
  • Tral3 – (true-false) enables / disables the third level of the trawl.
  • tral3_after_pips – start of the work of the trawl #3 after the” tral3_after_pips ” points.

[spoiler title=”Read More…”]

 

  • It is better to optimize on a 15-minute chart at the opening prices.
  • Since the EA trades quite rarely, it is better to run it on several currency pairs.
  • Be sure to change the “magic” number for different currency pairs.

[/spoiler]

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