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An Expert Advisor that uses technical analysis figures. For smooth operation, a VPS server is required, and the recommended minimum deposit is 1000 units of the base currency. The EA should be used on M5-H1 timeframes and highly liquid currency pairs with a small spread / commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, EURCHF).

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The Expert Advisor distinguishes the following shapes:

  • Head and shoulders;
  • Inverted head and shoulders;
  • Double vertex;
  • Double bottom;
  • Triple Top;
  • Triple bottom;
  • Triangle;
  • Rectangle;
  • Flag;
  • Pennant;
  • The wedge.

  • It works at the opening prices of the minute bar;
  • Equipped with a news filter and spread expansion control;
  • It has a predictive algorithm based on price models, stop loss and take profit levels;
  • It has customizable pyramiding, hedging, and order grid functions.;
  • Tracking of positions can be one of three types: single closing, unidirectional or multidirectional basket of orders;
  • The most compatible functionality that allows you to change the initial strategy of opening orders ” for yourself”;
  • It can be used together with any trading strategy, manual or automatic (Expert Advisors), if you set MagicNumber = -1.

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The algorithm collects price patterns on the history, according to the further statistics of the movement of which a forecast is made depending on the levels of stop loss and take profit. For it to work, quotes must be pumped up at least one year before the start of the testing/optimization period on all currency pairs and all timeframes on which the Expert Advisor will be installed. The lower the timeframe, the more price patterns the Expert Advisor will determine, respectively, there will be more signals about the trend change.

For the news filter to work, you need to add the address in the “Allow WebRequest for the following URLs” field (menu “Tools” → “Settings” → “Expert Advisors”).

  • MaximumDeviation – the maximum price deviation in % for building technical analysis figures;
  • BuildingForecast – the number of patterns to build a forecast, set from 2 to 7, if -1 is not used;
  • x1,x2…x16-weight coefficients, optimize from 0 to 100 in increments of 10;
  • StartWorkingTime, EndWorkingTime – work on time, at 00:00 is not used;
  • NewsFilter-News filter settings;
  • StopBeforeNews, StartAfterNews-minutes before and after the news release, when it is forbidden to open new positions;
  • SpreadControl-spread control, not used at -1;
  • OpenPositions-Order opening strategies:
    • SingleOpen – single opening;
    • Grid – grid of orders;
    • Pyramiding – pyramiding;
    • Hedging – hedging by symbol.
  • OppositeDirection-open positions in the opposite direction of the signal;
  • OpposingPositions-allow multidirectional positions;
  • VolumeCalculation – method for calculating the trading lot:
    • Manual-set the initial lot yourself;
    • Balance-calculation of the trading lot from the balance;
    • Equity-by equity;
    • FreeMargin-from free margin.
  • InitialVolume – initial lot or%, depending on the selected method;
  • VolumeBehavior-lot behavior:
    • SameVolume – same lot;
    • IncreaseVolume – increasing the lot;
    • DecreasesVolume – lot reduction.
  • OrderOpenStep – the initial step of opening orders;
  • OrderStepBehavior-behavior of the order opening step:
    • SameLevel – same levels;
    • IncreaseLevel – increment of the step;
    • DecreasesLevel-step reduction.
  • ClosingPositions-order closing strategies:
    • SingleClosing – single closure;
    • UnidirectionalClosing-closing a unidirectional basket of orders;
    • MultidirectionalClosing – multidirectional closing of a basket of orders.
  • TakeProfit – take profit, not used at -1;
  • StopLoss – stop loss, not used at -1;
  • Breakeven – breakeven of positions, not used at -1;
  • TrailingStop – trailing stop, not used at -1;
  • MagicNumber – magic number, when -1, the EA will work with absolutely all orders;
  • OrdersComment-comment on transactions;
  • Visualization-display information on the chart.
  • SingleOpen – single opening;
  • Grid – grid of orders;
  • Pyramiding – pyramiding;
  • Hedging – hedging by symbol.
  • Manual-set the initial lot yourself;
  • Balance-calculation of the trading lot from the balance;
  • Equity-by equity;
  • FreeMargin-from free margin.
  • SameVolume – same lot;
  • IncreaseVolume – increasing the lot;
  • DecreasesVolume – lot reduction.
  • SameLevel – same levels;
  • IncreaseLevel – increment of the step;
  • DecreasesLevel-step reduction.
  • SingleClosing – single closure;
  • UnidirectionalClosing-closing a unidirectional basket of orders;
  • MultidirectionalClosing – multidirectional closing of a basket of orders.

[/spoiler]

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