The Expert Advisor uses a trend strategy based on several indicators Relative Strength, Average True Range and Stochastic Oscillator, also used for grid and averaging up to 6 orders.
The Expert Advisor uses the main timeframe H1 and M15, M30 as additional ones.
Orders use stop losses, take profit, breakeven, trailing stop, and a smart filter for moving positions to breakeven.
Version for Meta Trader 5:
For quick testing, use:
- Methods for modeling ticks:
- OHLC on the M1 orAt opening prices.
For quick testing, use:
- Methods for modeling ticks:
- OHLC on the M1 orAt opening prices.
- OHLC on the M1 orAt opening prices.
Requirements and recommendations
- The Expert Advisor can only be attached to one chart (any of the working pairs) – all trading on all pairs is conducted only from one chart! In the settings, you can enable and disable currencies.
- The minimum recommended balance for the EA (when used on the recommended pairs and timeframes) is $ 1000 or$ 10 on a cent account.
- A broker with five-digit and three-digit quotes.
- Requires a regular VPS server. ( The Expert Advisor does not work on VPS from mql5 )
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- EURUSD – true currency used;
- …
- EURNZD – true currency used;
- Magic_Start(Finish) – Transaction ID;
- Symbols_Prefix (Suffix)_Name-enter ONLY the prefix (suffix) if the broker uses it in the symbol name (for example: “m.”(“. m”) if the pair name is “m. EURUSD”(“EURUSD. m”));
- Custom_Risk – if true, the lot size increases when the account balance increases (risk management);
- User_Balance – User Balance;
- Add_to_User_Balance % – Add for User_Balance for a smooth transition to a new lot.
- Lot_on_every– Lot size for each-User_Balance;
- Use_Risk_StopLoss-Risk based on Stop Loss.
- Custom_balance – FreeMargin = false or Balance = true.
- Percentage Risk — Percentage risk based on the stop loss.
- Fixed_Lot – constant lot;
- Order Type-trading directions;
- Order Comment-comments on orders;
- Slippage – slippage before the order is triggered;
- Show_Info_Panel – information panel (false – quick backtest);
- Show_additional_panel-profit panel for each month, only for backtest;
- Adaptation of the spread to the stop loss – adaptation of the stop loss to the spread;
- Max Spread – the maximum allowed spread;
- Stop strategy trend-disable trading for a period of time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;
- User_Balance – User Balance;
- Add_to_User_Balance % – Add for User_Balance for a smooth transition to a new lot.
- Lot_on_every– Lot size for each-User_Balance;
- Custom_balance – FreeMargin = false or Balance = true.
- Percentage Risk — Percentage risk based on the stop loss.
- Monday – if true, we trade on Monday;
- …
- Friday – if true, we trade on Friday.
- Use time – in true, trading is timed;
- GMT Mode-manual setting;
- GMT_mode – the mode of the broker’s server time offset relative to GMT (0 – off );
- Every_Day_Start – start time (hh: mm);
- Every_Day_End – end time (hh: mm).
- Use time – if true, the trade is timed;
- Disable_in_Friday – end time on Friday (hh: mm).
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