this completely automatic Yellow Expert Advisor works on short-term trend fluctuations, developing a “corridor” of price changes specified in this parameters. trading is carried out on the outer borders of the corridor by launching multidirectional positions with different lot sizes.

tracking the transaction of the Yellow Expert Advisor

edition of the Yellow Expert Advisor for MetaTrader5 .

The strategy is simple, but effective.

The existence of a sufficient amount of parameters allows the trader to configure the Expert Advisor in accordance with their trading fashion.

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StopLoss, as an option, is specified by the user in the parameters.

Matches the FIFO systemif the ClosePreviousPositions=true parameter.

Currency pairs – any.

The timeframe is H1.

Not martingale, not arbitrage.

• EAMagic – the magic number of the Expert Advisor; the values must be different for each chart.
• AutoLot-if “true”, the Expert Advisor chooses the size of the initial lot for trading, depending on the balance;
• Lots-the initial lot size is set by the user if the AutoLot value is false;
• Risk – part of the deposit in %, used for automatic calculation of the lot;
• MaxLotSize – maximum allowed trading lot;
• DD – the maximum allowable drawdown. When it is reached, all positions on this symbol will be closed. To resume trading on this symbol, you need to change its EAMagic parameter;
• CommentOfOrder-comment for orders;
• TakeProfitInPoints-take profit in points;
• StopLoss – stop loss in points. If StopLoss=0, then stop loss is not used in trading;
• TrailingStop – trailing stop in points;
• ZeroPositions – if true, the EA will open positions only if there are no other open positions on the trading account;
• LotMult2way – lot multiplier for the next position to be opened;
• AutoPriceCorridor – if “true”, the Expert Advisor automatically detects the MaxPriceCorridor parameter;
• MaxPriceCorridor – the value of the price range in points within which the Yellow Expert Advisor will open positions if the AutoPriceCorridor parameter=false;
• PipsOfIncrement-widening of the price range when exiting a losing position;
• ClosePreviousPositions – if “true”, the EA closes the previous positions before opening a new position for the same currency pair and does not use the StopLoss parameter;
• StartHour – start hour of trade;
• EndHour – end hour of trade;
• TradeOnFridays – if the value is” true”, the EA will trade on Fridays;
• SaveDeposit – if the value is” true”, the EA will close a series of orders with a minimum profit, regardless of the TakeProfitInPoints parameter;
• SafeMode – if set to “false”, the built-in trend filter is disabled. In this case, it is recommended to additionally use TrailingStop;
• Old_Style_M5_Trading – if the value is” true”, the Expert Advisor will be able to work on the M5 timeframe, as in previous versions.
• QuotesMult-multiplier for parameters, depending on the number of decimal places in the character quotes. For 5 decimal places in EURUSD quotes, for example, the value of this parameter should be 10. With 4 decimal places in EURUSD quotes, the value of this parameter should be 1. For metals and other instruments, the value of this parameter should be selected individually for your broker.
• ShowInfoPanel – can take the values “true” and “false”. If the value is “true”, the information panel will be displayed on the chart of the traded pair;
• Panel_Language – the language of the dashboard;
• textColor – the font color of the information panel.

The recommended settings are by default.

The recommended broker is any one.

The recommended minimum deposit is $300 for a cent account (30,000 cents) and a lot of 0.1. The leverage is from 1: 400 and higher.

For the Expert Advisor to work correctly, the history of the H1 and D1 timeframe of the traded currency pair must be loaded into your terminal.

I recommend checking once a month whether the history of previous transactions is loaded into the MT4 terminal. It is important.

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