A strategy based on a breakdown generates signals to enter the market when prices cross the border of a certain price range.
To create the strategy, we used historical data with a history quality of 99.9%, for the last 15 years. The most high-quality signals were selected, and non-high-quality signals were also eliminated. The Expert Advisor conducts a technical analysis and takes into account only those breakouts that show the best result.
It uses a system for filtering out false signals.
The Expert Advisor uses an adaptive trailing stop.
The Expert Advisor uses a small stop loss, which means that the account is always protected from drawdowns, and the risk of a transaction is very low.
Monitoring:
Version for Meta Trader 4:
Monitoring:
Version for Meta Trader 4:
Attention! The Expert Advisor is only for “hedging” type accounts.
- Magic — Transaction ID.
- Order Comment— Comments on the order.
- Slippage — Permissible slippage before the order is triggered.
- Max Spread — The maximum allowable spread before triggering a pending order.
- ticks average spread-collecting ticks of the average spread.
- ticks for deleting pending orders-collecting ticks of the average spread to delete pending orders if the average spread has exceeded Max_Spread.
- Order Type — Choosing the direction of trade.
- disable trade if spread high — Switching off trading for a certain time (from 5 minutes to 24 hours), if the average spread exceeds Max_Spread.
- Fixed_Lot — The lot is constant (if Use_Risk_MM is false).
- Use_Risk_MM — If true, the lot size increases when the account balance increases.(Risk Management).
- Percentage_Risk — Increase in the lot size based on the balance (risk management in %).
- Take_Profit — Take profit in points.
- Stop_Loss — Stop loss in points.
- Breakeven_Target_PipsInp — If the price exceeds this value, a breakeven is triggered. (-1 = off).
- Breakeven_Jump_PipsInp — The stop loss is moved to breakeven by this value.
- Trailing_Stop — Trailing points, when the position is in profit. (-1 = off, 0 = Stop_Loss ).
- Trailing_Step — The trailing step when the position is in profit.
- Risk_Protection_on_slippages — If true, the Expert Advisor uses a system for closing positions when slipping.
- Adaptive_Trailing_to_slippages — If true, it is an adaptive trailing stop.
- Change_correction_coefficient — The coefficient of trailing sensitivity.
- Adaptive_by_Time — Adaptive time-tracking algorithm.
- Time_Scale — The time range for price analysis.
[spoiler title=”Read More…”]
Trading by time within the day:
- Use time — If true, the trade is carried out on time.
- GMT_mode — The mode for determining the offset of the broker’s server time relative to GMT. (0 – unused).
- Every_Day_Start — Start time (hh: mm).
- Every_Day_End — The end time of the work (hh: mm).
Shutdown time on Friday:
- Use time — If the value is true, the trade is timed.
- Disable_in_Friday — The end time of work is on Friday (hh: mm).
[/spoiler]