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The quality of quotes is the basis for effective testing of the tester/manual strategy. And alt

Visual Strategy Builder - expert advisors for MT4 without code knowledge
The main advantage of MT4 in comparison with other platforms is the ability to add custom indica
The Professional Consultant presents renko bars, Bollinger Bands as well as Relocating Typical indications based upon closing rates on the graph, opens up as well as sustains deals based upon aberration. The cost optimals are identified by the leave of renko bars past the limits of Bands as well as return within.
A sale purchase is opened up when the following height of the cost, surpassing the limits of the top Bolinger line, is more than the previous one, while the aberration of the typical Bolinger line as well as the relocating standard is much less than the factor of the previous height. An acquisition deal is opened up under mirror problems. Instances of signals are received the screenshots.
The criteria defined in the cost factors are determined for 4-digit quotes. For 3-digit as well as 5-digit quotes, the criteria are increased by 10.
- RenkoBar – the dimension of renko bars in cost factors;
- CountBars – restrict the variety of bars to show on the graph;
- bearColor – the shade of the bearish renko bar;
- bullColor – the shade of the favorable renko bar;
- hideBars – an indication of concealing basic bars on the graph;
- MAPeriod – the duration of the relocating typical;
- MaColor – the shade of the relocating typical;
- BandPeriod, BandDev – bollinger criteria;
- BandMin – size in between the top as well as reduced bollinger bands in factors;
- UseDvCancel – an indication of termination of the aberration signal if the cost surpasses the contrary line prior to the previous height;
- BandColor – the shade of the bollinger bands;
- priceDiff_factor – minimal aberration of cost optimals (in renko bars);
- SignalBuyColor, SignalSellColor – arrowhead shades for deal signals;
- isDrawing – resolution of presenting renko bars as well as indications on the graph;
- startLot – taken care of great deal dimension;
- MaxRisk_percent – portion for determining the trading quantity from the staying totally free funds (terminates startLot);
- stopLoss_factor – the degree for establishing a quit loss (multiplier to the size in between the top as well as reduced Bollinger lines);
- takeProfit_factor – multiplier for establishing take earnings (from quit loss);
- minProfit_percent – the portion of earnings (from the staying totally free funds) at which the setting is partly shut;
- minProfit_factor – the dimension of the partial closing of the setting;
- maxLoss_percent – the portion of loss (from the staying totally free funds) at which a partial closing of the setting is made;
- maxLoss_factor – the quantity of partial closing of a setting muddle-headed;
- noLoss_percent – the portion of earnings (from the staying totally free funds) at which the purchase is moved to breakeven;
- noLoss_factor – the cost degree (from quit loss) at which the purchase is moved to breakeven;
- TraiStop_level – tracking quit degree (from the swing in between the Bollinger lines);
- trailStep – the tracking action in factors;
- DualOrders – enabling acquisition deals if there are energetic sales deals (as well as the other way around);
- NumOrders – restrict the variety of orders in one instructions;
- UseNoLossSignal – authorization to move a profession to breakeven if the cost goes across the contrary line;
- UseMinProfitSignal – authorization to shut component of the purchase if the cost goes across the contrary line;
- UseStopSignal – authorization to shut a profession if the cost goes across the contrary line;
- CloseOnRevers – shutting professions when obtaining the contrary signal;
- CheckMinMax – an indication of examining the minimum as well as optimum degree of deals (over the optimum, just deals offer for sale are opened up, listed below the minimum – for acquisition);
- orders_min_step_factor – minimal range in between unidirectional orders in the dimensions of renko bars;
- NumCloseAll – the minimal variety of orders to shut on the overall earnings;
- PercentCloseAll – the minimum total up to shut on the overall earnings as a percent of the staying totally free funds;
- ArbitrageNumCloseAll – the minimal variety of orders to shut on the overall earnings (bargains on all tools with the defined magic number are made use of);
- ArbitragePercentCloseAll – the minimum total up to shut on the overall earnings as a percent of the staying totally free funds (deals on all tools with a defined magic number are made use of);
- TimeStart – trading begin hr;
- timeEnd – trading conclusion hr;
- slippage – slippage in factors;
- MAGIC – magic number;
- useFIFO_Rules – application of NFA guidelines on the demand to shut first off the earliest open deals.
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Key Features of Algorithmic Trading Software
21 June 2017
1.8
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Reviews
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Have been running this EA for 2 weeks so far. Only 1 loss and many wins. Very happy so far with the results. As Michael has said, has not traded on all pairs I’ve put it on so far but maybe just slow on those. Keep raising the trade amount each week on live account. Will update after a month or so.
Performs well on a Live Account Test.
I am posting the trade by trade results on my profile page for those interested.
But in live testing I have 1 loss and 12 wins with this EA.
It does not trade a lot and it has not traded on every chart I have put the EA onto, but it works well enough that I am increasing my lot size x 10.
More info and a jpg on my profile. Cheers