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Experts

The Predator - expert for MetaTrader 4

Views:
15733
Rating:
(10)
Published:
2019.01.18 00:55
Updated:
2024.02.11 23:25
The Predator.mq4 (101.53 KB) view

The Predator EA trades with two strategies ,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ 

USEMOVETOBREAKEVEN  system functions like a stop loss

But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.

If you have reached a certain value of pips with the direction of the trade -

  • WHENTOMOVETOBE - When to move break even (values: 10-100).

 how many pips would you like to move the stop loss above the price line of the open trade-

  • PIPSTOMOVESL - How much pips to move stop loss (values: 10-100).

Trade volume of a position depends on previous trading results.

It provides the possibility to limit the maximum risk (in % of deposit) of the trade.

If you want to trade with constant lotsize say:0.01 lot ,you need to set "MaximumRisk =0" and "DecreaseFactor=0"

Or else you will have a calculation of  Percent (%) of deposit and MaximumRisk.

Inputs

    •  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
    •  TP_In_Money- Take Profit In Money   (values: 10-100).
    • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
    • TP_In_Percent- Take Profit In Percent (values: 10-100).
    • ------------[Money Trailing Stop For Multiple Trades]----------------------
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 25-200).
    • Stop Loss In Money(in current currency) (values: 1-20).
    • --------------------------------------------------------------------------------------
    • Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
    • Strategy - Choose between 2 strategies (Strategy1,Strategy2).
    • Lots - Lots size (values: 0.01-10).
    • Lots size Exponent  (values: 1.01-2).
    • MaximumRisk - maximum risk from total margin in %, (values: 0.01 - 0.3).
    • If "MaximumRisk =0" then "Lot=constant"
    • DecreaseFactor - decrease from total margin if you lose a trade.
    • Stop_Loss - Stop Loss (values: 10-100).
    • MagicNumber - Magic number (values: 1-100000).
    • TakeProfit - Take Profit (values: 10-100).
    • FastMA - Fast Moving Average (values: 1-20).
    • SlowMA - Slow Moving Average (values: 50-200).
    •  Distance-Distance between two averages (values: 10-60).
    •  Mom_Sell-Momentum_Sell trtrigger(values: 0.1-5).
    •  Mom_Buy-Momentum_Buy trtrigger(values: 0.1-5).
    • Max_Trades(1-12). 
    • -----------------------IF YOU USE ONLY 1 TRADE:--------------------------
    • /////////////////////////////////////////////////////////
    • TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
    • Enable "Break Even" -(values:true/false).
    • When move "Break Even"- (values: 5-30).
    • How much pips move- "Break Even" (values:5-30).
    • ///////////////////////////////////////////////////////
How to perform back test:https://bit.ly/2CD7XWD






















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