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Pipsovar Expert Advisor uses advanced algorithms to enter the market. The main way to open deals is to break through levels, the appearance of which is checked on different timeframes at the same time. The Expert Advisor uses its own algorithm to determine the market trend and trades in it, avoiding flat trades. Target levels are determined by the nearest peaks that have formed on the chart based on High and Low prices. This, in turn, increases the accuracy of exiting the market.

dynamic_stops ‚Äď enables the determination of target levels (stop loss and take profit) by price peaks High and Low. Search for target levels from the minimum values set by the stoploss and takeprofit properties. Takes 2 values: 0=off, 1=on.

flat_bars ‚Äď the number of bars on the basis of which the Expert Advisor determines the flat, that is, the absence of significant market activity.

my_color ‚Äď color for labels on the chart.

trigger_distance ‚Äď the distance in points from the level after which you can open a deal.

stoploss ‚Äď points, not pips.

takeprofit ‚Äď points, not pips.

trail ‚Äď points, not pips.

volume_per_trade ‚Äď fixed volume (example: 0.03) or percentage of
available funds (example: 0.05%). In the second case, you need to add
a percentage sign.

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The Expert Advisor is well optimized in the Strategy Tester. The default trading parameters are suitable for GBPUSD. The timeframe of your current chart does not matter. During trading, the Expert Advisor displays inscriptions that are informative in nature and do not require any actions from the user.

Key Features of Algorithmic Trading Software

30 November 2018

3.2

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