Ultimate Action is a fully automated trading robot that can trade on any currency pairs and on any timeframes, but it is recommended to use timeframes from M30 and higher, as the quality of opening a trade increases with an increase in the timeframe. The work of the Expert Advisor is based on the analysis of the market using indicators. The Expert Advisor does not need to change the input parameters except for MaximumRisk – this is the risk of a single trade. This parameter can not be touched, but you can set the risk level at your discretion. The robot can be installed on several tools at once. To do this, the required number of charts is opened on the terminal, and the Expert Advisor is transferred to each chart. At the same time, the trading robot takes into account the total number of transactions using the “level” parameter, which limits the total number of transactions to the level of free margin on the current account. The Expert Advisor only opens pending orders, as pending orders are more reliable and high-quality when analyzing the market. Invoices can be with 4 or 5 decimal places. The initial deposit can be any.
The volume of market entry and risks are tightly controlled based on algorithms. The number of transactions is limited by the free margin level in percent, which by default is 1500% (in the input parameters level = 1500.00). The volume of entry into the market depends on the amount of free funds in the account, and if there are no transactions, then on the account balance. The volume of the transaction also depends on the risk level set in the input parameters (MaximumRisk is 0.005 by default, that is, the volume is calculated so that if the transaction goes to a loss, the maximum loss from one transaction is 0.5% of the account balance.
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The trade volume also depends on the stop loss level. The stop loss level is calculated automatically for each trade, depending on the support and resistance levels. All input parameters in the Expert Advisor are set for accounts with 4 decimal places, but these parameters are also suitable for accounts with 5 decimal places, that is, the recalculation is performed automatically. For example: TakeProfit = 150, that is, for accounts with 4 decimal places, the TP level = 150 points, and for accounts with 5 decimal places, the TP level = 1500 points.
After placing a pending order, the stop loss level can also be removed by changing the input parameters Trailing2 = true (by default, Trailing2 = false).
Closing deals is carried out both according to the TakeProfit level and according to various internal algorithms. When closing a trade, the algorithms close half of the trade volume, and the rest is transferred to breakeven.
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