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Bollinger Bands Width indicator - fixing BB shortcomings

Bollinger Bands Width indicator - fixing BB shortcomings

September 5, 2023

Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It

Bulls and Bears power indicators - who is stronger in the market

Bulls and Bears power indicators - who is stronger in the market

September 5, 2023

The movement of quotes is a struggle between buyers and sellers, trying to push the price in on

Chande Kroll Stop indicator - a tool for setting stops

Chande Kroll Stop indicator - a tool for setting stops

September 5, 2023

Most indicators are used to search for signals to enter the market, a preliminary analysis of h

Absolutely automated superior buying and selling robotic. It really works in accordance with the indicators of the basic Alligator indicator. To exit positions, it makes use of an clever trailing system or averaging utilizing pending orders. 

  • Absolutely automated system,
  • Configurable indicator parameters,
  • Constructed-in computerized lot calculation,
  • Intuitive setup,
  • Organising the Multiplier,
  • Easy panel interface.

Drawback Fixing -> HERE / MT4 model -> HERE 

Drawback Fixing -> HERE / MT4 model -> HERE 

The essence of the indicator:

The Alligator indicator consists of three shifting averages. The jaw is lengthy sliding (blue), the enamel are medium sliding (crimson) and the lips are quick sliding (inexperienced). The indicator helps to find out the presence of a pattern, in addition to its path.

The pattern is up when the highest is inexperienced, beneath is crimson after which blue. When the highest is blue, then crimson, the underside is inexperienced – this can be a pattern to the underside. When the indicator strains are intertwined, there isn’t a pronounced pattern, the market is flat. 

Technique:

When the indicator reveals that the pattern has began and is confirmed, the adviser will open an order in continuation of the present path. 

That’s, the adviser trades in accordance with the pattern. Throughout one pattern, the adviser can open the primary order solely as soon as. That’s, after one order or one grid is closed, the EA won’t open new orders till the pattern adjustments path. 

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After altering the pattern path, the EA will open orders in the wrong way. 

Exit the place: 

After the ADVISER opens an order:

1 – If the place goes within the worthwhile path, then the trailing cease is activated. The place shall be closed utilizing an clever trailing system. 

2 – If the place goes to the unprofitable aspect, then the averaging perform utilizing pending orders is utilized.

Listen! The indicator strains usually are not displayed within the Professional Advisor!

LOTS SETTINGS

Measurement of the primary order – the amount for opening an order

Allow Autolot calculation – use computerized lot calculation

Autolot deposit per 0.01 tons – the quantity of deposit for each 0.01 when utilizing autolot

ALLIGATOR INPUTS

Jaw Interval – the blue interval, the longest shifting common

Jaw Shift – shift for a protracted sliding

Tooth Interval – the interval of the crimson, shifting common

Tooth Shift – shift for the shifting common

Lips Interval – the interval of the inexperienced, shortest shifting common

Lips Shift – shift for a brief sliding

MA Technique Alligator – MA methodology for calculating the indicator

Utilized Worth Alligator – utilized worth for shifting averages

AVERAGING SETTINGS

Multiplier for measurement of orders – quantity multiplier for pending orders, every subsequent open order within the grid of orders shall be bigger than the earlier one by this coefficient

Step for pending orders – variable that regulates the step between orders within the grid, measured in factors

TAKE PROFIT SETTINGS

Trailing Begin – the worth in factors, after opening a market order when passing this quantity of factors, Trailing shall be set for the order

Trailing Step – after passing the desired step, the Trailing shall be pulled up for the value

PROTECTION SETTINGS

Most slippage in factors – the utmost allowable slippage in factors for opening and shutting orders

Most unfold in factors – the utmost allowable unfold for opening orders

Most measurement of orders – the utmost quantity for one order. Measured in tons

Most variety of orders – the utmost allowed variety of orders of the identical kind  

ADVISOR SETTINGS

Orders Magic quantity – MagicNumber of the Adviser’s orders

Feedback of the EA’s orders – remark for the EA’s orders

Permit to open OP_BUY orders – enable to open OP_BUY orders

Permit to open OP_SELL orders – enable to open OP_SELL orders

Permit to open new orders after shut – enable to ship new orders after closing 

Present panel of advisor – the flexibility to show or cover the advisor panel

Font measurement in panel – adjusting the font measurement on the panel

Technical assist

Contact buyer assist to ask questions. Write to our AW Buying and selling crew -> [email protected]

Key Features of Algorithmic Trading Software

18 February 2022

1.10

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