The robotic locations BuyStop/SellStop orders at a brief distance from key worth ranges, making an attempt to make the most of the triggering of stops or pending orders collected at these ranges. It’s extremely really useful to make use of a dealer with low slippage, low unfold, quick pc or vps and a low latency buying and selling server in order that the robotic can work appropriately.
Transactions will also be managed by revenue or loss in foreign money by canceling TakeProfit, StopLoss, TrailStop by setting them to 0, and BreakEven by setting the parameter to false, utilizing solely revenue loss in foreign money to handle transactions. The EA closes all open orders when a revenue within the foreign money or the utmost loss within the foreign money is reached.
The information of the choice set will be present in publish #96 within the Feedback part.
Really helpful pairs: Foreign exchange Majors.
Timeframe: H1.
Parameters:
Heaps – lot measurement, if a set lot measurement is used and automated lot administration is just not used;
Manage_Lot – true/false – if true, the lot measurement will probably be mechanically calculated by the Professional Advisor; if false, a set lot measurement will probably be used;
If the account foreign money parameters are used with the worth of Handle Lot = true, then the Revenue Goal and Most Loss parameters turn out to be elements and are associated to the lot measurement.
[spoiler title=”Read More…”]
Preserve Increased Lot — if true and Handle Lot are additionally true, the Professional will use the very best lot used earlier than to maintain the identical ratio between wins and losses.
The chance proportion is utilized in automated lot administration, if the worth is ready to 1, and the “Lot Administration” parameter is ready to true, the lot measurement 0.01 will probably be opened for each $ 100 of funds within the account.
Sensible lot – true/false; if true, the EA will cut back the lot measurement based mostly on the next parameters DecreaseOnLosses and DecreaseOnWins and reset the lot measurement after the top of a sequence of losses or winnings.
DecreaseOnLosses – the coefficient of lowering the lot measurement in a sequence of losses, if SmartLot is ready to true, is calculated as lot/DecreaseOnLosses ;
DecreaseOnWins – the coefficient of lot discount within the profitable sequence, if SmartLot is ready to true, is calculated as lot-lot*winnings/DecreaseOnWins;
Laborious Cease is a standard cease loss set in factors based mostly on the location of a pending order or the extent of a digital transaction, if digital pending orders are used; whether it is set to 0, it’s not used;
Digital cease – closes an open order if it was triggered at a worse worth than initially requested, in order that the loss is just not better than it must be; it’s set in factors and isn’t used if it is the same as 0;
Take Revenue – the standard take revenue, set in factors, based mostly on the location of a pending order or the extent of a digital transaction, is just not used when the worth is 0;
SellOffSet – shifts pending orders (SellStop or BuyLimit) with the entered worth in factors. If the enter worth is optimistic, the EA will place an order above the bottom degree by the variety of factors entered by the consumer. If the enter worth is detrimental, the EA will place an order beneath the bottom degree by the variety of factors entered by the consumer. ;
BuyOffSet – compensates pending orders (BuyStop or SellLimit) for the entered worth in factors. If the enter worth is optimistic, the EA will place an order beneath the very best degree by the variety of factors entered by the consumer. If the enter worth is detrimental, the EA will place an order above the very best degree by the variety of factors entered by the consumer. ;
TrailingStop – set in factors, not used when the worth is 0;
TrailStep – the step in factors that the TrailStop will transfer to;
StartTrailAfter – begins TrailStop solely after reaching revenue factors;
Breakeven – true/false; if true, BreakEvenAfterPoints will transfer SL to BreakEvenPoints in revenue;
StochasticPeriod – stochastic is used to alter or reset buying and selling ranges;
Degree – the variety of candles used to calculate the utmost and minimal ranges.
[/spoiler]