HARPIA B3 (Brazil Bolsa Balcao) is a Scalper Expert Advisor.
Main Contracts: Mini Index and Mini Dollar – WIN and WDO.
Configuration Suggestions:
HARPIA | B3 Settings
- Magic Number: ID that should be altered if you would like to set up the Expert Advisor on various graphics, without interfering with each other, and act as one Expert Advisor.
- Max Spread from Tick Size: 2 by default. bigger spreads are not recommended because of the strategy.
- plenty Mode: you can choose between Fixed volume or automatic whole lot .
- Fixed Lot Size: if chosed in Lots Mode the value “Fixed”, you can put the lot size that you wish the EA open.
Auto Lot Risk Percent: if chosed in Lots Mode the value “Automatic”, the robot wil calculate the percentage of the balance that you accept to expose. Take the following formula into consideration before changing this number:
- Automatic Lot Size = ((Free Balance of Account * RiskPercent) / 100);
Auto Lot Risk Percent: if chosed in Lots Mode the value “Automatic”, the robot wil calculate the percentage of the balance that you accept to expose. Take the following formula into consideration before changing this number:
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- Automatic Lot Size = ((Free Balance of Account * RiskPercent) / 100);
- Max Positions: You can put how many trades in the same time you want to. For Netting Accounts, the value is 1; for Hedge Accounts, the value is 5. If the Hedging System is active, the value is 20.
- Use Strategy_B: Choose between true or false to activate strategy B and operate more often.
- Break Even Profit: to add minimum profit (in ticks) before triggering the Trailing Stop.
- Value can be 3;
- These setting can help you achieve minimum profit and pay B3 fees, charged per contract.
- Value can be 3;
- These setting can help you achieve minimum profit and pay B3 fees, charged per contract.
- Break Even Distance: to add the distance (in ticks) between the market price and the minimum profit. It’s at 1.
- TrailingStopDistance: Distance between prices and StopLoss, when the profit is positive, the EA will drag the StopLoss to the distance defined in this parameter. 3 is the most recommended.
- Virtual Stop Loss: Distance from StopLoss (virtual), in ticks. Works only if Hedging System is disabled.
- Daily Loss Limit: Daily loss limit, in ticks. It is at 100 ticks, by default. Upon reaching daily loss, the Expert will only start trading on the next trading day.
Hedging System by Tick Size
NOTE: This section works only for Hedge Accounts
- Use Hedging System: Choose between true (on) or false (off), to work with the coverage system, instead of assuming Stop Loss.
- Hedging Distance: distance in Ticks to add a pending coverage order, contrary to the direction of the position sent. It is at 50 ticks, by default.
- Use Pre-Hedging: option to use or not to use a pending cover order halfway before reaching the final cover order. This will be used to reduce the total coverage loss according to the tick distance set in this function.
- Example: If your Hedging Distance is at 100, it means that your position will lock at 100 negative ticks. If your Pre-Hedging Distance is activated and at 50 ticks, your position will be covered at 50 ticks, leaving you with 50 negative ticks. Upon reaching the final hedge order, which is 100 ticks away, the Expert will close the position in the middle (the Pre-Hedging), with a profit of 50 ticks, with the Expert missing another 50 ticks to be able to close this covered position that got 100 negative ticks. He will use the profit for the day and that of the Pre-Hedging orders in order to close any negative positions.
- Example: If your Hedging Distance is at 100, it means that your position will lock at 100 negative ticks. If your Pre-Hedging Distance is activated and at 50 ticks, your position will be covered at 50 ticks, leaving you with 50 negative ticks. Upon reaching the final hedge order, which is 100 ticks away, the Expert will close the position in the middle (the Pre-Hedging), with a profit of 50 ticks, with the Expert missing another 50 ticks to be able to close this covered position that got 100 negative ticks. He will use the profit for the day and that of the Pre-Hedging orders in order to close any negative positions.
- Pre-Hedging Distance: Distance from the Pre-Hedging order explained above, in ticks. It’s at 25, by default.
- Begin Hour and Begin Minute: Hour and Minute for the EA to start working. It is at 8:50 AM by default.
- End Hour and End Minute: Hour and Minute for the EA to stop working. It’s 16:29 PM by default.
- Close All At End Of Day: If the value True is set, after trading hours, orders will be closed. If you want to Swing or Position Trade, disable this function.
Important Informations:
- Best Contracts: WIN and WDO (Mini Futures Index and Mini Futures Dollar). The robot will automatically open orders in the current contract. If this does not happen automatically, drag the robot to a WIN$, WDO$, or any other graph without the corresponding letter and year, which it will search for the current contract and change the graph.
- TimeFrame: All.
- VPS recommended.
- Hedge account is recommended.
- Initial Deposit: R$ 2000.00.
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