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Project One Day MT4

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The Expert Advisor uses a strategy based on trading in the daily interval of the chart using the timeframe M5, M15, M30.

Expert Advisors calculates the signal using technical indicators and only for daily time periods. 

The Expert Advisor uses a smart algorithm to partially close the order in profit, thereby minimizing the lot volume and in the event of a price reversal, the loss will be small.

Each position is strictly protected by a stop loss.

The multi-currency Expert Advisor trades on 26 currency pairs.

Use multi-currency testing on 26 currency pairs in MetaTrader 5.

The Expert Advisor does not use the following strategies: Martingale, Averaging, and other risky strategies.

Hidden Stop Loss, Take Profit, Breakeven, and Trailing Stop are used.

Monitoring: 

Monitoring: 

Version for Meta Trader 5: 

Version for Meta Trader 5: 

Requirements and recommendations

  • The Expert Advisor can only be attached to one chart (any of the working pairs) – all trading on all pairs is conducted only from one chart! In the settings, you can enable and disable currencies.
  • The recommended balance for safe long-term trading (when used on the recommended pairs and timeframes) is $ 1000 or$ 10 on a cent account.
  • A broker with five-digit and three-digit quotes. 
  • If you use several Expert Advisors on the same account, make sure that all the Expert Advisors have different Magic numbers. 
  • The Expert Advisor requires RAM:
    1. 700 MB version for MetaTrader 4.
    2. 1300 MB version for MetaTrader 5.

[spoiler title=”Read More…”]

When testing, select the timeframe M1 or M5.

For quick testing, use:

  • Methods for modeling ticks:
    • Control points(based on the nearest smaller timeframe).

When testing, select the timeframe M1 or M5.

For quick testing, use:

  • Methods for modeling ticks:
    • Control points(based on the nearest smaller timeframe).
  • Control points(based on the nearest smaller timeframe).

    Pairs and timeframe

    • EURUSD – true currency used;
    • EURNZD – true currency used;
    • Magic_Start(Finish) – Transaction ID;
    • Symbols_Prefix (Suffix)_Name-enter ONLY the prefix (suffix) if the broker uses it in the symbol name (for example: “m.”(“. m”) if the pair name is “m. EURUSD”(“EURUSD. m”));
    • Custom_Risk – if true, the lot size increases when the account balance increases (risk management);
      • User_Balance – User Balance;
      • Add_to_User_Balance % – Add for User_Balance for a smooth transition to a new lot.
      • Lot_on_every– Lot size for each-User_Balance;
      • Fixed_Lot – constant lot;
      • Order Comment-comments on orders;
      • Slippage – slippage before the order is triggered;
      • Show_Info_Panel – information panel (false – quick backtest);
      • Show_additional_panel-profit panel for each month, only for backtest;
      • Max Spread – max. spread;
        • User_Balance – User Balance;
        • Add_to_User_Balance % – Add for User_Balance for a smooth transition to a new lot.
        • Lot_on_every– Lot size for each-User_Balance;

            Intra-week trading:

            • Monday – Monday;
            • Friday – Friday.

            Time-based trading:

            • Use time – in true time trading;
            • GMT setting – GMT settings;
              • GMT_mode – mode for determining the broker’s server time offset relative to GMT (0 – off );
            • Every_Day_Start – start time (hh: mm);
            • Every_Day_End – end time (hh: mm).
            • GMT_mode – mode for determining the broker’s server time offset relative to GMT (0 – off );

            Shutdown time on Friday:

            • Use time – if true, time-based trading;
            • Disable_in_Friday – end time on Friday (hh: mm).

            [/spoiler]

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