Download MetaTrader 5
Watch How MetaTrader 4 Android Works

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2008.12.10 10:14
Ilan1.4

Ilan1.4 - expert for MetaTrader 4

| English Spanish Portuguese Japanese

Views:
33002
Rating:
votes: 5
Ilan1_4.mq4 (29.32 KB)view
SET-files.zip (15.53 KB)
MMType=1;       // Type of ММ: 0-Lots, 1-as it was at 1.2, 2-martingale (LotExponent coefficient)
UseClose=false; // closing by the PipStep loss. false is recommended
UseAdd=true; // reopening with a new lot. The lot for reopening is calculated by the LotExponent regardless of the MMType,
true is recommended
LotExponent = 1.667; // multiplication of lots in the series by exponent for moving to the stopless region. first lot 0.1,
series: 0.16, 0.26, 0.43
slip = 3;         // acceptable gap of the price in pips
Lots = 0.1;       // now the micro lots 0.01 are availale, at that if 0.1 is specified then the next one in the series
will be equal to 0.16
LotsDigits=2;     // 2 - micro lots 0.01, 1 - mini lots 0.1, 0 - normal lots 1.0
TakeProfit = 10;  // the level of the profit in pips from the open price
Stoploss = 500;             // these three parameters do not work
TrailStart = 10;
TrailStop = 10;
PipStep = 30;        // the distance from the loss in pips the next order of the branch is opened at.
MaxTrades = 10;
UseEquityStop = false;
TotalEquityRisk = 20; //loss as a percentage of equity
UseTrailingStop = false;
UseTimeOut = false;
MaxTradeOpenHours = 48;

The optimization settings are in the SET-files.rar archive. Set-files should be unpacked at the mt4\tester\Ilan directory. The name of each file contains the TF and currency pair it was created on. Try to test them on the last year or with a bigger maximum profit, those files that will be profitable to the present day should be kept, the others should be removed. Try the remained files with your profit, but it should be more than the minimum acceptable (from 250 dollars or 25000 percents). Those of the remained files that will show the good results with your deposit can be kept and used on the real or demo account.

Hangseng Trader Hangseng Trader

This EA works in hangseng futures.

Madlen_5_0 Madlen_5_0

The «Madlen» lines are similar to the lines of support and resistance of horizontal or trend lines by their application.

VKWBIBS VKWBIBS

The WKBIBS indicator is a new generation oscillator with combined functions of two indicators WKB and IBS.

Upload Export Upload Export

The UploadExport script is a universal program tool. It is developed to ease the working of the analyst and the trader with regard to the daily routine actions of wave analysis using the ELWAVE program.