Rebate System makes a large number of transactions with a minimum profit, which makes it possible to earn money by receiving a rebate (return of a part of the spread).
It is based on two grids (for buying and for selling), when one of them is in a drawdown, the other can enter with an increased lot, maintaining the account from the drawdown.
It has a news filter that allows you to avoid possible falling into a recoilless trend caused by news.
Standard parameters for EURUSD and minimum deposit of 3000 units of the base currency (cent for cent accounts, $ for classic accounts)
- StopAfterTP-Stop trading after all grids are closed;
- TF_FirstOrder – The period for opening the first grid orders;
- TF_SeriesOrder – Period for opening averaging orders;
- Lot – Lot size;
- TakeProfit-Take Profit;
- StepNextOrder – Minimum allowed distance between grid orders;
- LotMultiply – The value by which the lot of the current open order will be multiplied.;
- MaxTrades – The maximum number of orders in the grid.
Breakeven parameters
- BE-number series – The number of the order in the series, after which the stop loss will be placed;
- BE-start after point – The number of profit points after which the stop loss will be placed;
- BE-distance point – The distance from the breakeven of the series, where the stop loss will be placed.
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Lock parameters
- Lock-number series – The number of the order in the series, after which the opposite network will increase the lot for locking;
- Lock – % lots grid-The percentage of locking, the lot size as a percentage of the amount of the opposite network;
- Lock-max lot – The maximum lot of the first locking order.
Other parameters
- slippage – Slippage;
- MagicNumberSell – Identification number for sales;
- MagicNumberBuy – Identification number for purchases;
- UpdateSecond-Timer for checking the set take profits and stop losses.
News Filter Parameters
- News Filter-A list with a selection of values
- High-Filter news with high importance
- High