There is an opinion that technical analysis does not work in cryptocurrencies. Somehow "by the
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MAFiA Scalper MT5 (PRO version)-an Expert Advisor with a control panel for trading on the Bill Williams system.
!!! – Detailed description in Russian under the video (on Youtube) – !!!
!!! – The Expert Advisor will only work on Hedge accounts.
You can see the account type in the upper-left corner of the terminal. An example is here
The difference between the PRO version of the Expert Advisor and the Lite version:
The PRO version is a new version of the Expert Advisor, which will be updated with all subsequent changes and improvements.
The PRO version contains a more comfortable control panel and the ability to set stop/take levels-in a couple of mouse clicks, unlike the Lite version, where all this has to be done manually.
In the PRO version, the control panel has been changed, which allows you to set the level of restriction for the set of new positions.
Lite version – will no longer be updated
The main task of the Expert Advisor is to facilitate the trader’s work on opening, adding positions and controlling them, using the control panel. The ability to quickly make changes to the work of the Expert Advisor-will allow the trader to “dance with the market” without tension.
The Expert Advisor works in two modes:
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- The Expert Advisor opens and tracks positions only in one of the directions – Buy/Sell
- After the stop position is closed, the EA switches to the OFF mode
- The EA picks up orders opened manually or after enabling the EA
- Orders and stops-the Expert Advisor opens/closes for the current timeframe
- After entering the numbers of the required position volume, press ” Enter”
- The Expert Advisor allows you to open as many positions as you want, before crossing the blue Alligator line in the OFF mode. Once the EA is enabled, it will start opening new positions in the 5-4-3-2-1-1 – … pyramid starting from the last open position manually (or by the EA).
- The Final button-allows you to set the final level, AFTER which the Expert Advisor will stop gaining positions and will only accompany open positions.
- BE – “breakeven”. When you click this button, for all orders “in profit”, the “breakeven” will be set to the value specified in the settings
- CloseAll-closes all orders ONLY for the selected trading direction
- RV-will close all positions and open a position in the opposite direction. In this case, the order volume will be equal to the largest of the closed positions. After the “coup”, the check mark will change – the direction of trade
- get information about the status of the Expert Advisor, in the right corner of the screen
- get notifications about the opening and closing of transactions
- select the notification type
- enable / disable the selected notification type in the panel
- select the offset as a percentage of the ATR value for the trailing stop
- output a line for the virtual trailing stop level
This video will help you quickly install and run the Expert Advisor –
Key Features of Algorithmic Trading Software
16 November 2020
17 December 2020
2.26
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Trading strategy
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To view other Expert Advisors MT5, select one of the filters corresponding to your interests in forex trading.
