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The Johnnie Walker Expert Advisor is designed for comfortable trading with acceptable drawdown and profitability values. Rebate trades are always in the market with a fixed take profit. If the price goes in your direction, orders will be closed with profit after each take profit. Once the TP is reached, a new order will be opened in the same direction until the market reverses. The hedging strategy partially compensates for losses even with a strong market movement. After each locking order, its own grid is created, which is closed separately. Johnnie Walker Auto Gain will automatically adjust the grid step multiplier depending on market volatility. ATR or CCI indicators are used for this. When market volatility increases, the grid multiplier will be increased depending on the selected indicator value. If the market is stable and there are no strong movements, the indicator multiplier reduces the step to open more trades during the flat market.
  • Rebate lot ‚Äď the lot used for the first order and subsequent orders in the same direction with a small lot.
  • Rebate TP ‚Äď fix profit on small transactions (Rebate). After each take profit, a new order will be opened in the same direction until the trend reverses.
  • Closing type ‚Äď the type of closing grid orders. Select one of the functions (Close all, last two orders, first and last).
  • The locking step is the step between the first rebate order in the drawdown and the opposite order. The larger the step, the smaller the drawdown and the number of transactions.
  • Grid step ‚Äď the step between orders in the grid. The grid function is activated only if the price moves in the opposite direction after the opening of the locking order.
  • Grid Multiplier ‚Äď Every next order in the grid will be multiplied using this function. If you need a fixed step between orders, the grid step multiplier = 0.
  • Use Indicator Multiplier ‚Äď This function is used to automatically adjust the grid step multiplier. During high market volatility, the grid pitch will be increased to reduce drawdown. If you don‚Äôt want to use this function, select false.
  • The normal level is the starting point for calculating the market volatility of the indicator. Standard setting = 0.
  • Indic ‚Äď type of indicator (ATR or CCI). Selection based on a trading pair. For example, EURUSD is more convenient with ATR.
  • Period indicator ‚Äď adjustment of the indicator period. Standard setting = 14.
  • Grid lot Multiplier ‚Äď The multiplier used only for the grid step. It will be automatically adjusted according to market volatility if you select ‚ÄúUse Indicator Multiplier‚ÄĚ.
  • Max. number of transactions in the grid ‚Äď you can limit the number of orders in the grid. Fewer orders means less drawdown.
  • Grid take profit ‚Äď fix profit for grid orders. If you want to use trail instead of TP, insert 0.
  • Stop loss grid ‚Äď stop loss. To disable SL, insert 0.
  • News ‚Äď forexprostools news provider. To enable this feature, you need to allow a web request for ec.forexprostools.com in the settings of the MT4 URL. The EA will be stopped before and after high, medium or low important news. To disable this feature, select No.
  • Use trailing ‚Äď this function activates profit tracking for the grid. To disable this feature, select false.
  • Type of trawl ‚Äď you can choose which order will be tracked in the grid. (All orders or only the last order)
  • The trail step is a step in points for trailing orders. After each step, the stop of the profitable order will be moved forward.
  • A trail is a trail in points for profitable orders in the grid.
  • Start of the trawl ‚Äď tracking in points will be started for the profitable order(s).
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  • Rebate lot ‚Äď the lot used for the first order and subsequent orders in the same direction with a small lot.
  • Rebate TP ‚Äď fix profit on small transactions (Rebate). After each take profit, a new order will be opened in the same direction until the trend reverses.
  • Closing type ‚Äď the type of closing grid orders. Select one of the functions (Close all, last two orders, first and last).
  • The locking step is the step between the first rebate order in the drawdown and the opposite order. The larger the step, the smaller the drawdown and the number of transactions.
  • Grid step ‚Äď the step between orders in the grid. The grid function is activated only if the price moves in the opposite direction after the opening of the locking order.
  • Grid Multiplier ‚Äď Every next order in the grid will be multiplied using this function. If you need a fixed step between orders, the grid step multiplier = 0.
  • Use Indicator Multiplier ‚Äď This function is used to automatically adjust the grid step multiplier. During high market volatility, the grid pitch will be increased to reduce drawdown. If you don‚Äôt want to use this function, select false.
  • The normal level is the starting point for calculating the market volatility of the indicator. Standard setting = 0.
  • Indic ‚Äď type of indicator (ATR or CCI). Selection based on a trading pair. For example, EURUSD is more convenient with ATR.
  • Period indicator ‚Äď adjustment of the indicator period. Standard setting = 14.
  • Grid lot Multiplier ‚Äď The multiplier used only for the grid step. It will be automatically adjusted according to market volatility if you select ‚ÄúUse Indicator Multiplier‚ÄĚ.
  • Max. number of transactions in the grid ‚Äď you can limit the number of orders in the grid. Fewer orders means less drawdown.
  • Grid take profit ‚Äď fix profit for grid orders. If you want to use trail instead of TP, insert 0.
  • Stop loss grid ‚Äď stop loss. To disable SL, insert 0.
  • News ‚Äď forexprostools news provider. To enable this feature, you need to allow a web request for ec.forexprostools.com in the settings of the MT4 URL. The EA will be stopped before and after high, medium or low important news. To disable this feature, select No.
  • Use trailing ‚Äď this function activates profit tracking for the grid. To disable this feature, select false.
  • Type of trawl ‚Äď you can choose which order will be tracked in the grid. (All orders or only the last order)
  • The trail step is a step in points for trailing orders. After each step, the stop of the profitable order will be moved forward.
  • A trail is a trail in points for profitable orders in the grid.
  • Start of the trawl ‚Äď tracking in points will be started for the profitable order(s).

Key Features of Algorithmic Trading Software

08 August 2021

1.0

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tradesafenow December 28, 2021 4:21 am
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Excellent EA, well designed, you need to have right setting for long term trading profit..

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ūüĒ• More than 100% profit in 1 month; ūüõĎNo martingale; ūüó£ÔłŹCommunity of users; ‚úÖTotally automated strategy.

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