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The EA has several trading modes.

Modes of opening positions and pending orders.

  • Opening positions after a specified step.

After the price passes the specified distance, 1 step up – sells, 1 step down – buys. Thus, a network appears that you close with your hands using the buttons of the adviser or give the profit at the discretion of the adviser himself by pressing the auto-trading buttons.

  • Opening a network of pending orders
  • Opening of pending stop orders moving behind the price
  • Mode without opening new positions (only support of already opened ones)

Trading levels

In the Expert Advisor, it is possible to specify the levels between which positions can be opened. The levels are set separately for Buy and Sell positions. 

Modes of opening positions and pending orders.

  • Closing positions in manual mode
  • Closing positions with a profit trawl
  • Transfer of open positions to no loss
  • Trailing stoplose of open positions
  • Overlap of unprofitable positions at the expense of the profits of the rest

In this mode, the ADVISER finds the most unprofitable long/short positions and tries to close them at the expense of the profits of other open positions. The overlap occurs on the opposite side, so in this case we also win part of the spread.

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Example:

the following overlap parameters are set:

number of long-distance = 1 start of the trawl 100 usd and rollback 50 usd.

As soon as the profit of all profitable orders (buy and sell) reaches an amount exceeding 100 USD the loss of a distant buy or sell, the profit trawl will be included.

In the settings, you can set the lot and the step of the corresponding buy and sell directions. There is no need to enter the main parameters, all parameters are configured directly in the trading window and stored in global variables, so that after restarting all parameters and pressed buttons will be restored automatically. The Expert Advisor is semi-automatic, so its testing should be carried out only in visualization mode. Optimization is not necessary for this Expert Advisor. If something is not clear from the description of the adviser’s work in the picture, then you can always ask a question, as well as join the discussion and improvement of the adviser’s work on the MT5 forum. All the features of the Expert Advisor can be checked in the strategy tester of the MT4 terminal, in visualization mode, as well as on a demo account.

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