The Karina Trading Advisor trades on the signal of the Several Moving Average indicator and the function of “averaging” open orders. The signals are filtered by the Relative Strength Index indicator. When opening the first trade, the TakeProfit(TP) level is set), if the market has turned around, new orders will be opened in the direction of the first one, followed by the “overlap” of unprofitable orders with profitable ones. For this Expert Advisor, we recommend that you have a large deposit and / or a cent account, and also take into account the fact that the scalping effect is achieved by a low (up to 20 points) TakeProfit parameter.

ATTENTION!!! The work of the Expert Advisor on a real account can be viewed by clicking on the link: Karina Scalper Advisor

• The signal for entering the market is the indicator Several Moving Average (SeveralMA). If everything is Moving Average (MA) If the indicator is directed up, then this is a buy signal. And if all the MA‘s are directed downwards, this is considered a sell signal.
• The Relative Strength Index (RSI) indicator is used as a signal filter. If the value of the RSI indicator on the higher timeframe is in the oversold zone, and a buy signal has been received from the SeveralMA indicator, then a buy order is opened.
• Changing the direction of the market movement. If the market has changed direction after opening the order, a new buy order will be opened.
• The optimal level of profit. If more than one order is opened, the EA calculates the breakeven level and adds the TakeProfit (TP) level to it).

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For the correct operation of the Expert Advisor, it is recommended to use Pro or ECN (Market/Instant Execution) accounts with a spread size from 0 to 2 points.

The parameters of the Expert Advisor that you can change and optimize are listed and described below:

• MAGIC (MAGIC name) – ID for orders opened by the Expert Advisor;
• Trade (Trade) – Enable/disable setting the first order (If the first order is not opened, the EA is considered disabled). If you set the value to FALSE when the first order is opened the EA will open orders until the price reaches the average TP value;
• FLT_ON (ON Filter RSI) – If the parameter is FALSE, the RSI indicator readings are not taken into account;
• Lots (Initial Lot Size) – Order Volume;
• LotExponent ( Multiplication, odds lot) – The coefficient by which the volume of subsequent orders increases;
• TakeProfit (Profit level (in points)) – The level of profit taking;
• StopLoss (Loss level (in points)) – The level of fixing losses;
• Step (Distance between orders (in points)) – Minimum distance between orders;
• MaxOrders (Maximum of open orders) – The maximum number of open orders.

You can also customize the parameters of the Several Moving Average and Relative Strength Index indicators.

In the settings of the Several Moving Average indicator, there is a parameter MA_MODE (Definition mode), it sets the type of use of the indicator and has the following options:

In the settings of the RSI indicator, in addition to the standard settings, the parametersof the overbought ( Level overbought) and oversold (Level oversold) levels are added. As well as the RSI_MODE (Definition mode) parameter, it sets the type of use of the RSI indicator for calculation and has the following options:

When the “Shifter” parameter is set to TRUE, the indicator signals are reversed.

The parameters set in the “Default” Expert Advisor are not optimized. Their use in the future can lead to losses and their use “out of the box” is NOT RECOMMENDED!

P.S. The information presented in the screenshots is the result of optimization.

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