Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It
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NorthEastWay MT5
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The logic of the adviser’s buying and selling is a return to the common, buying and selling in a variety. The devices are the primary currencies and their crosses. A number of positions might be opened on the similar time, every of which is closed at a set cease loss or take revenue.
The logic of the adviser’s buying and selling is a return to the common, buying and selling in a variety. The devices are the primary currencies and their crosses. A number of positions might be opened on the similar time, every of which is closed at a set cease loss or take revenue.
The EA opens quite a lot of offers, that is dwell buying and selling with doubtlessly excessive returns. Comparatively excessive transaction retention time (1-2 days) considerably reduces the dependence of profitability on unfavorable buying and selling situations. Cease losses are tight, the utmost variety of trades is restricted, unfold management is configurable. The Skilled Advisor is not going to commerce on too excessive a diffusion, and the person has the chance to completely management the danger. The adviser is provided with a handy info panel, which might be disabled if desired.
The EA opens quite a lot of offers, that is dwell buying and selling with doubtlessly excessive returns. Comparatively excessive transaction retention time (1-2 days) considerably reduces the dependence of profitability on unfavorable buying and selling situations. Cease losses are tight, the utmost variety of trades is restricted, unfold management is configurable. The Skilled Advisor is not going to commerce on too excessive a diffusion, and the person has the chance to completely management the danger. The adviser is provided with a handy info panel, which might be disabled if desired.
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Settings
Magic: The adviser’s ID. It should be distinctive for every copy of the Skilled Advisor operating on the identical account.
Remark: Touch upon orders, by default orders are despatched with no remark.
Remark: Touch upon orders, by default orders are despatched with no remark.
Danger Settings
Cash administration, Worth for Cash administration: buying and selling both a set lot or a set threat per transaction (as a proportion of the deposit).
Max simultaneous trades allowed: the utmost allowed variety of trades. More often than not, the adviser holds not more than 2-3 trades. The parameter lets you explicitly restrict the danger.
Unfold management
Max simultaneous trades allowed: the utmost allowed variety of trades. More often than not, the adviser holds not more than 2-3 trades. The parameter lets you explicitly restrict the danger.
Unfold management
Allow unfold management: if enabled, the unfold is managed by the “Max allowed unfold” parameter
Max allowed unfold: If unfold management is enabled, the EA is not going to commerce if the present unfold exceeds this worth
Unfold unit: The unit of measurement for “Max allowed unfold“, in factors or as a proportion of the present worth.
Unfold unit: The unit of measurement for “Max allowed unfold“, in factors or as a proportion of the present worth.
Time Settings
Server time UTC offset, hours: the dealer’s server time offset in hours
Server time DST modifications schedule: Dealer server transition schedule (summer time/winter time)
Server time DST modifications schedule: Dealer server transition schedule (summer time/winter time)
Suggestions
Forex pairs: EURUSD, USDJPY, GBPUSD, AUDUSD, AUDJPY, EURJPY, EURGBP, USDCAD. The Skilled Advisor is optimized and might be reoptimized sooner or later on these instruments.
Timeframe: With ovetnik, you must set it to M15, as a result of it’s by M15 that alerts are decided. When engaged on greater timeframes, some transactions could also be skipped.
Testing: The Skilled Advisor works by closing the candle. Testing might be carried out within the “Solely opening costs” mode – an order of magnitude quicker than the “All ticks” modes with nearly equivalent outcomes.
Unfold management: For advisable foreign money pairs, you need to use the default unfold settings. With ovetnik, he is not going to miss trades in a peaceful market, however he is not going to commerce on excessive non-test spreads.
Unfold management: For advisable foreign money pairs, you need to use the default unfold settings. With ovetnik, he is not going to miss trades in a peaceful market, however he is not going to commerce on excessive non-test spreads.
Dangers: no check and actual profitability up to now ensures future profitability. The danger calculation shouldn’t be based mostly on check outcomes. The decrease the dangers, the upper the potential revenue. By default, the Skilled Advisor can open a number of trades, so a set RR per commerce inside 1-3% is enough for actual buying and selling.
Assist. I’ll reply all questions in regards to the work of the adviser. I’ll assist with the set up and configuration. Write right here in non-public messages.
Key Features of Algorithmic Trading Software
22 June 2022
2.4
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