The Urban MT5 Free Expert Advisor automatically searches for entry points based on the standard Parabolic SAR and CCI indicators. In case of an unsuccessful entry, the Expert Advisor accompanies trades using the Martingale strategy. In this expert Advisor, special attention was paid to the logic of placing orders, so it is able to withstand prolonged trends.

Unlike the paid version of the Expert Advisor, the free version only works in testing or optimization mode.

The default settings are selected for the GBPUSD M5 pair with 5-digit quotes

The Expert Advisor determines the bit depth of the quotes and adjusts the parameters TakeProfit, PipsStep and others.

Optimization can be performed on Control Points.

The main parameters for optimization are TakeProfit, PipsStep, UseInd1, RUseInd1, UseInd2, RUseInd2.

• UseRevers=true: Closing a profitable trade with a reverse signal
• UseBlock=true: If there is an opposite trend, then additional orders will not be opened until the trend weakens

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• LotExponent: Coefficient multiplying lots in a series exponentially to output at no loss (optimization from 1.0 to 2.0 in any step)
• Risk: Determining the lot of the first order, depending on the amount of available funds. At Risk=1, the lot will be taken at the rate of 0.01 lots for every $ 1000 of free funds for 5-digit quotes and 0.1 lots for every $ 1000 for 4-digit quotes

• TakeProfit: Profit level in points from the opening price
• PipsStep: The distance in points of loss at which the next order is opened. When the PipStep decreases, the profitability and risk increase
• UseMaxPipsStep=true: Limit the maximum step when using a dynamic step
• MaxPipsStep: Maximum possible distance in points
• UseDynamicStep=true: Using a dynamic step to open the next order
• DynamicStep: Dynamic coefficient of increasing the order step (optimization from 1 to 2 by any step))

• UseInd1=true: Use Parabolic SAR data to evaluate the trend
• RUseInd1=true: Use Parabolic SAR data to search for the return signal when UseRevers=true
• SARStep: Parabolic SAR acceleration coefficient (Optimal parameters close to the standard ones)
• SARMaxStep: Maximum Parabolic SAR step (Optimal parameters close to the standard ones)

• UseInd2=true: Use CCI data to evaluate the trend
• RUseInd2=true: Use CCI data to search for the reverse signal when UseRevers=true
• CCIPeriod: Period of the CCI indicator
• CCIPrice: CCI price type (varies from 0 to 4 in increments of 1)
• CCIMAPeriod: The period of the Moving Average based on the CCI indicator
• CCIMAShift: Shift of the Moving Average based on the CCI indicator
• CCIMAMethod: Method of averaging the Moving Average based on the CCI indicator

• TFrame: The timeframe on which the indicators work. It is convenient to use it to evaluate the work of the Expert Advisor on different timeframes. Important! The optimization period in the tester should be lower than the periods tested in the TFrame parameters.
• UseTime=true: Limit the working time of the Expert Advisor (server time is used)
• HourStart: Expert Advisor start time
• HourEnd: The end time of the Expert Advisor

• Slippage: Acceptable price slippage in points
• MaxTrades: Maximum number of open orders
• MagicNumber: Individual number of the adviser

Attention! Before events that can bring high volatility to the market (such events are always widely covered by the press), you should disable the Expert Advisor, since a strong rise/fall of the instrument can lead to the loss of the deposit.

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