For You Wealth is a Martingale expert advisor for EURUSD.
It trades in counter trend on qualified enter signal supported by RSI.
Easy to use.
A start balance of 1000 currency units is fine or if you can add to this balance in deeper DD.
Setup with default values on H1 time frame
MagicS1=88710 magicno to use
bcomment="FY Wealth" broker comment
work_mode=dynamic work_mode extends or shrinks TP on situations with 2 or more open positions. dynamic reacts on trend,fastest always uses lowest TP with a
chance of lowest DD (12 versus 15),moderate means medium TP, high_profit means maximum extended TP (DD=15).
vTP_buy=30 virtual TP in pips for buys = 30 pips
vTP_sell=30 virtual TP in pips for sells = 30 pips
start_lot=0.01 start lot size
buy_allowed=true allow buys
sell_allowed=true allow sells
maxorders maximum number of orders (per direction)
close_percent close all positions if draw dawn reaches this value
hedge_allowed=true allows buys and sells at same time
maxspread=15 maximum spread for trading
showInfo=true show panel
info_every_ticks=2; show panel every 2 ticks
background=clrDeepSkyBlue; background for panel
bg_transparent=false; make panel transparent
textcolor=clrWhite; text color in panel
corner=CORNER_LEFT_UPPER anchor for panel
verbose=false write verbose log
- better (higher on sell, lower on buy) entry points on additional positions using pending orders in some situations
- panel indicates trend
- security exit on draw down value (= 50 %)
- extended panel with DD if there is
- bug fix on profit value in panel
- bug fix on hedge==false
- coding revised, less CPU consumption
- different Tps for buy and sell to avoid swap on buys, faster buy close
- open consecutive candles on new bar only
- extented panel