YRINA_SWAP_TRADER_v1

EA easy to use
No indicator needed
Spread filter


FEATURES OF THE EA

Reliable EA that can work in a flat market as well as in very volatile market with any bug or shut down...
If VPS is required, so it will be done...
EA that can be launched on several charts and currency pairs at the same time with differents magics numbers;
EA that can work with other EA's without conflit;
EA that automatically detects suffixes and prefixes of the traded instruments;
EA that automatically detects 4- and 5-digit quotes;
EA that no use pending orders, only markets ones...
All EA operations should be displayed into a fully customizable Panel that can be hidden or not...
EA that will monitor all currency pairs available in the terminal.
EA with a debug mode option and which can save Log file in order to monitor EA operations for account statistics...
If both SELL and BUY SWAP are negative, EA don't trade them and display error message...
If both SELL and BUY SWAP are equal to zero EA have to trade but in this case lot for BUY and SELL should be the same... and distance, TP,SL should be the same...
EA that enters the market with 2 opposite trades (1 BUY and 1 SELL) taking into account the swap value as explained below :

Example_1 for size lot setting considering swap value for each currency pair:
SWAP BUY EURUSD = -9.38
SWAP SELL EURUSD = 4.77
LotSize = 0.01 (1)
CoefLot = 5.00 (2) (for illustration);
DeltaSwap (Always Positive Value) : ((-9.38/4.77)*-1) = 1.97(3);
So EA should open :
BUY LOT EURUSD = 0.01(1)
SELL LOT EURUSD = 0.01(1)*5.00(2)*1.97(3) = 0.0985 integer value = 0.10 and so on...in order to always have positive swap...
Then we have BUY 0.01 and SELL 0.10...

So First Market Orders should be :
1 - BUY EURUSD 0.01
2 - SELL EURUSD 0.10 as per above example...


ORDERS SETTING :

Use Money Management (TRUE/FALSE);
Risk Percent for Lotsize(1) based on free margin, not equity, nor balance...To determine only LotSize for negative swap cause the reverse trade lot size id determined by CoefLot...
Distance for Positive Swap Orders : to be specified in settings (ex:250 pips)
*Automatic Distance for Negative Swap Orders : Should be xCoeflot times less than Distance for Positive Swap Orders (ex. 250/xCeofLot;250/5=50 Pips)
Take Profit for Positive Swap Orders;to be specified in settings (ex:50 pips)
*Automatic Take Profit for Negative Swap Orders : Should be xCoeflot times greater than Take Profit for Positive Swap Orders (ex. 50*xCeofLot;50*5=250 Pips)
Stop Loss for Positive Swap Orders;To be specified in settings
Stop Loss for Negative Swap Orders : To be specified in settings
MaxNumbers of Positive Swap Orders : To be specified in settings (ex: 5 orders)
*Automatic MaxNumbers of Negative Swap Orders : Should be xCoeflot times greater than MaxNumbers of Positive Swap Orders (ex. 5*xCeofLot;5*5=25 orders)
MaxLot for Positive Swap Orders;should be specified in settings according to Money Management
*Automatic MaxLot for Negative Swap Orders;according to Money Management settings and CoefLot

(*) All those parameters should be automatically calculated by EA and displayed in the Panel for monitoring EA operations... 

CLOSING ORDERS SETTINGS_1 :

TAKE PROFIT;

(Please see below illustration) :
EURUSD :               
Entry Price :     1,17500              
For illustration purpose spread is 0.00               
               
BaseLotSize :     0,01              
SwapBuy :    -9,38              
SwapSell :     4,77              
DeltaSwap :     1,97              
CoefLot :     5,00              
MaxNumbers of Positive Swap Orders :             5              
MaxNumbers of Negative Swap Orders :             25              
Distance for Positive Swap Orders :             250,00              
Automatic Distance for Negative Swap Orders :         50,00              
Take Profit for Positive Swap Orders :             50,00              
Automatic Take Profit for Negative Swap Orders :    250,00              
               
FIRST ORDERS :               
               
Negative Swap Order # 1 :     0,01        1,17500          
Positive Swap Order # 1 :     0,10        1,17500          
               
SUBSEQUENT ORDERS :               
                        ENTRY PRICE    TAKE PROFIT & REPLACEMENT MARKET ORDERS   
Negative Swap Order # 2 :     0,01        1,17000        1,19500 Order replaced by 2 Opposite Orders with previous specified parameters and so on till MaxOrder Numbers is reached
Positive Swap Order # 2 :     0,10        1,20000        1,19500 Order replaced by 2 Opposite Orders with previous specified parameters and so on till MaxOrder Numbers is reached
Negative Swap Order # 3 :     0,01        1,16500        …      …
Positive Swap Order # 3 :     0,10        1,22500        …      …
Negative Swap Order # 4 :     0,01        1,16000        …      …
Positive Swap Order # 4 :     0,10        1,25000        …      …
Negative Swap Order # 5 :     0,01        1,15500        …      …
Positive Swap Order # 5 :     0,10        1,27500        …      …
Negative Swap Order # 6 :     0,01        1,15000        …      …
Negative Swap Order # 7 :     0,01        1,14500        …      …
Negative Swap Order # 8 :     0,01        1,14000        …      …
Negative Swap Order # 9 :     0,01        1,13500        …      …
Negative Swap Order # 10 :     0,01        1,13000        …      …
Negative Swap Order # 11 :     0,01        1,12500        …      …
Negative Swap Order # 12 :     0,01        1,12000        …      …
Negative Swap Order # 13 :     0,01        1,11500        …      …
Negative Swap Order # 14 :     0,01        1,11000        …      …
Negative Swap Order # 15 :     0,01        1,10500        …      …
Negative Swap Order # 16 :     0,01        1,10000        …      …
Negative Swap Order # 17 :     0,01        1,09500        …      …
Negative Swap Order # 18 :     0,01        1,09000        …      …
Negative Swap Order # 19 :     0,01        1,08500        …      …
Negative Swap Order # 20 :     0,01        1,08000        …      …
Negative Swap Order # 21 :     0,01        1,07500        …      …
Negative Swap Order # 22 :     0,01        1,07000        …      …
Negative Swap Order # 23 :     0,01        1,06500        …      …
Negative Swap Order # 24 :     0,01        1,06000        …      …
Negative Swap Order # 25 :     0,01        1,05500        …      …
               
Total Net Exposure :         0,16              



CLOSING ORDERS SETTINGS_2 :

BREAKEVEN (ENABLE/DISABLE):
BREAKEVEN LEVEL (in account base currency) : Considering commission + spread + swap and @ reaching  a certain amount in account base currency unit...
For illustration purpose :
BREAKEVEN LEVEL : 5.00 €, so TRAILING STOP should only be activated after reaching this amount + commission + spread + swap...
for the 2 opposites orders that have to be closed at the same time after being trailed...
A new cycle should begin only after those trailed orders have be closed in profit...
TRAILING START (activated only after reaching certain profit in account base currency unit as explained above)
TRAILING STEP;(in points as per minimum allowed step for each broker)
FIXED PROFIT/LOSS (%) : To close EA operations and enable another cycle of trading( in percentage regarding EA operations)
For example :
FIXED PROFIT LOSS = +500€
FLOATING PROFIT LOSS = -100€
We have +500€-100€ = +400€ with represents 80% ((+400€/+500€)*100=80%) of FIXED PROFIT/LOSS,
So if we set PARAMETER FIXED PROFIT/LOSS CLOSING to 80%,
EA should stop operations, cancel all orders and enable another cycle (only for its own orders and chart attached to)


PANEL SHOW:
Panel should display EA and only EA operations, not others EA or manual operations (even same chart or currency pair is used)...
Panel with a button to minimize or maximize displaying;
Panel shoud display in columns :
MAGIC NUMBER
CURRENCY PAIR TRADED;
COMMISSION (if applicable);
MARGIN USED by EA;
BUTTON FOR CLOSE BUY ORDERS;
BUTTON FOR CLOSE SELL ORDERS;
BUTTON FOR CLOSE ALL ORDERS;
% OF DRAWDOWN FOR EA operations;
% OF DRAWDOWN FOR ALL ACCOUNT;
FREE MARGIN for all account;
CURRENT PROFIT/LOSS for EA operations;
FIXED PROFIT/LOSS for EA operations;
SWAP VALUE (balance for BUY and SELL swap);
BUY LOT & SELL LOT;
TAKE PROFIT LEVEL;
STOP LOSS LEVEL;
BREAKEVEN LEVEL;
TOTAL MARGIN NEEDED in case all orders are triggered...
SPREAD USED AND SPREAD FILTER...
 
You can see attached some screenshots of panels i use with other EA's and INDICATORS to make a proper one...