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Trading Criteria - expert for MetaTrader 4

Aharon Tzadik
Views:
8712
Rating:
(9)
Published:
2019.02.06 14:47
Updated:
2024.02.11 00:28
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Trading Criteria EA trades with crrosing signals strategy has Trailing Stop Loss &Take Profit,display of trading criteria on chart,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).

So 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).

Try it on demo first.

If you do not want to trade with increasing lot size when you lose  a trade set:"IncreaseFactor=0"

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).
    • tick=If "tick"=false-every tick\If "tick"=true -open prices  (values:true/false).
    • Lots - Lots size (values: 0.01-1).
    • Lots size Exponent  (values: 1.01-2).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • Stop_Loss - Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
    • MagicNumber - Magic number (values: 1-100000).
    • TakeProfit - Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
    • FastMA - Fast Moving Average (values: 1-20).
    • SlowMA - Slow Moving Average (values: 50-200).
    •  Mom_Sell-Momentum_Sell trigger(values: 0.1-5).
    •  Mom_Buy-Momentum_Buy trigger(values: 0.1-5).
    • ---------------------CONTROL DRAW DOWN-----------------------------
    • UseEquityStop -  (values:true/false).
    • TotalEquityRisk- (values: 0.01-20).
    • -------------------------------------------------------------------------------
    • Max_Trades(1-12). 
    • FractalNum= Number Of High And Low(values: 1-10).
    • ----------------IF YOU USE ONLY 1 TRADE:-----------------------
    • /////////////////////////////////////////////////////////////////////
    • USETRAILINGSTOP-If use trailing stop (values:true/false).
    • WHENTOTRAIL-When to trail (values: 40-100).
    • TRAILAMOUNT-Trail amount (values: 40-100).
    • Distance From Candle -Distance From Candle (values: 1-100).
    • USECANDELTRAIL=If use trailing stop (values:true/false).
    • X=2-number of candles (values: 1-100).
    • USEMOVETOBREAKEVEN-Enable " break even " (values: true/false).
    • WHENTOMOVETOBE-When to move break even (values: 1-30).
    • PIPSTOMOVESL=30-How much pips to move stop loss  (values: 1-30).
    • ////////////////////////////////////////////////////////////////////////

          • You need to optimize this EA once  a month and use the exact same  inputs from above .

          How to perform back test:https://bit.ly/2CD7XWD


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