The Expert Advisor is based on a scalping strategy on the breakdown, uses advanced exit algorithms and has built-in filters for filtering out low-quality signals.
Fully automatic trading with the calculation of inputs based on the maximum/minimum breakout system.
For trading, the Expert Advisor uses 4 currency pairs and the M30 timeframe.
To create the strategy, we used historical data with a history quality of 99.9%, for the last 20 years.
The Expert Advisor has the following features:
- Uses a smart system for filtering out false signals.
- It uses a system for recognizing changes in the economy.
- It uses a dynamic system for changing the trailing stop.
- It uses an adaptive algorithm for closing a position in profit.
- Strict use of stop loss for each trade
- Smart Slip Control System: allows you to avoid large losses in case of heavy slippage.
It is recommended to use the Expert Advisor for brokers with a low spread, low commission and fast execution. These conditions are provided by most ECN brokers.
Theoretically, the EA can be used in any market with a low spread and good price liquidity. But we recommend the following currency pairs: EURUSD, GBPUSD, AUDUSD and AUDJPY.
Monitoring: https://www.mql5.com/en/signals/author/profi_mql
Monitoring: https://www.mql5.com/en/signals/author/profi_mql
Attention! The Expert Advisor is only available for “hedging” accounts.
Attention! The Expert Advisor is only available for “hedging” accounts.
Version for Meta Trader 4: https://www.mql5.com/ru/market/product/61689
Version for Meta Trader 4: https://www.mql5.com/ru/market/product/61689
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 balance is $ 30.
- ECN accounts with a low spread are recommended.
- Low spreads and high-quality execution-this is the main thing when choosing a broker.
- It is recommended to use a VPS with minimal ping to your broker.
- Leverage of 1:100 or more is recommended.
- We recommend accounts with STOPLEVEL = 0 (this is the minimum distance to set a stop loss).
- Multi_Currency_BackTest – true multi-currency tester.
For testing, use:
- Method for modeling ticks:
- All ticks.
- Multi_Currency_BackTest – true multi-currency tester.
For testing, use:
- Method for modeling ticks:
- All ticks.
- All ticks.
Pairs and timeframe
- EURUSD – true currency used;
- …
- AUDJPY – 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”));
- Use_Risk_MM — If true, the lot size increases when the account balance increases.(Risk management).
- Percentage_Risk — Increasing the lot size based on the balance (risk management in%).
- Fixed_Lot — The lot is constant (if Use_Risk_MM is false).
- Order Comment-comments on orders;
- Slippage – slippage;
- Show_Info_Panel – information panel (false – quick backtest);
- Show_additional_panel panel of the profit for each month, just for backtest;
- Multi_Currency_BackTest:
- true – multi-currency tester.
- false – current currency and timeframe;
- Max Spread – max. spread;
- disable trade if spread high — Disable trading for a certain time (from 5 minutes to 24 hours), if the spread exceeds Max_Spread.
- true – multi-currency tester.
- false – current currency and timeframe;
Intra-week trading:
- Monday – Monday;
- …
- Friday – Friday.
Time-based trading:
- Use time — If true, the trade is timed.
- GMT_mode — 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 — End time (hh: mm).
Shutdown time on Friday:
- Use time — If true, the trade is timed.
- Disable_in_Friday — Closing time on Friday (hh: mm).
