The Fractal Prosecutor Expert Advisor is fully automated. The strategy is based on level breakdowns.
The Expert Advisor is designed to work in the GMT 3 time zone, so set up Start time and End timeif your broker’s time zone is different.
- Lot – fixed lot for trading
- Start time – the hour of the start of trading
- End time – the hour of the end of trading
- Use trailing stop – use trailing stop (true/false)
- Trailing stop – trailing stop in pips
- Trailing step – the trailing step in pips
- Trailing start – start of trailing in pips
- Use break even – use breakeven (true/false)
- Pips on profit – profit in pips, at which breakeven is triggered
- Pips offset from open price – the shift from the open price to the negative or positive side, for example, 10 , -10.
- Max spread-check the spread before entering the market (1 = 1 pips, if you do not need this function, set any higher number, for example, 30)
- Bollinger Bands indicator parameters for opening)
- Period for open – the opening period
- Bands shift for open-shift the bands to open
- Deviation for open – deviation for opening
- Bollingger Bands indicator parameters for closing)
- Period for closing – the closing period
- Bands shift for closing-shift of bands for closing
- Deviation for closing – deviation for closing
- Envelopes indicator parameters for stop loss (envelope parameters for stop loss and subsequent opening of trades)
- MA period – the period of moving averages
- MA shift – shift of the moving averages
- Deviation – deviation
- Slippage – acceptable slippage when opening trades
- Comment – comment on transactions
- Magic number – a unique number for each chart
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- Low Spread Broker
- VPS server
- Chart period – M5
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