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Advanced trading on trend reversals. The Expert Advisor does not use grids and martingales. But if necessary, you can use them in the input settings. 3 types of notifications and locking the position when the maximum basket load is reached.

The default settings are recommended for EURUSD on the M15 timeframe. 

Troubleshooting, contacting the author –>> https://www.mql5.com/ru/blogs/post/741040

 The variables that determine the activity of the oscillator signals are –

  • Period for oscillator – The period of the oscillator. The smaller, the more active the signals are.
  • K1 for oscillator’s zone – Weight coefficient #1. The smaller it is, the more active the signals are.
  • K2 for oscillator’s zone – Weight factor #2. The smaller it is, the more active the signals are.
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  • UseSimpleGrids – to use, means to open orders only step by step. If not used, then in addition to the step, the Expert Advisor will wait for a signal before opening an order.
  • Can EA work in both directions in the same time – if false, then either only sell or only buy orders will be opened at the same time. 
  • Order lots – the volume to open the first order. Used if Enable Autolot calculation is disabled. 
  • Enable Autolot calculation – Enable Autolot. If you use Autolot, you can’t use Order lots. Used for the first order
  • Minimum step between orders – Minimum step between orders(if necessary)
  • Multiplier for orders – Multiplier for subsequent orders in the basket(if needed)
  • Orders Magic number – the magic of the EA’s orders
  • Comments of the EA’s orders – Comments on the EA’s orders
  • Maximum number of orders – The maximum number of orders in the basket
  • Size of Virtual TakeProfit in points – TakeProfit in points. The virtual Take Profit is used, not for each order, but for the entire basket of orders of the same type, depending on the breakeven level. 
  • Reducing the size of the TP for each order in basket-Reducing the virtual TakeProfit in points for each subsequent order in the basket.
  • Send push notifications when closing orders
  • Sens mails when closing orders
  • Send alerts when closing orders
  • Send push notifications when closing orders
  • Sens mails when closing orders
  • Send alerts when closing orders
  • Period for oscillator – The period of the oscillator
  • K1 for oscillator”s zone – Factor of the oscillator No. 1
  • K2 for oscillator”s zone – Factor of the oscillator No. 2
  • MA Period – The period of the moving average
  • Main Trend filter – The main trend filter (The more, the more signals. But their accuracy is less)
  • Trend filter decrease per order-The coefficient that reduces the main trend filter for each subsequent basket order.

Other developments of the author -> > https://www.mql5.com/ru/users/nechaevrealle/seller

Other developments of the author -> > https://www.mql5.com/ru/users/nechaevrealle/seller

MT4 version -> > https://www.mql5.com/ru/market/product/27079

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Published

06 January 2020

Updated

25 January 2021

Current Version

2.30

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