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Bow Arrow EA

This is a fully automated Expert Advisor developed for trading on the financial market. The EA uses four confirming signals to enter the market. If it is not possible to close a trade by Take Profit, the EA will use a martingale variation.

After installation, you need only to set the risk parameter depending on your trading style. And be sure to set the correct time zone, which is used on the server of your broker. This is necessary to ensure that the EA did not open trades during the period when it is forbidden to trade. This period can be specified in parameters. For example, if the broker's server have time zone GMT + 2, you need to specify 2. If the time zone is GMT-3, specify -3.

Th EA is optimized for EURUSD by default. Timeframe does not matter. The EA automatically detect number of decimals and consider them when trading.

Minimum deposit is 500 USD for a standard account, but we recommend 1000 USD or higher. For smaller deposits I recommend to use Cent accounts.

Recommended leverage is 1:500 (1:400). If the leverage is smaller, then it is necessary to reduce the risk parameter.


Parameters:

  • GMToffset - timezone offset of your broker relatively to GMT, in hours;
  • TradeFriday - allow the EA to trade on Friday;
  • TradeMonday - allow the EA to trade on Monday;
  • Slippage - maximum allowed price slippage in points;
  • MagicNumber - unique number of the Expert Advisor's orders (any number);
  • SellDynamicRisk - risk size used for calculating a lot for sell;
  • SellFirstTP - profit of the first order for short positions, in points;
  • SellMaxOrders - maximum number of long positions opened simultaneously;
  • SellLotMultiplier - multiplier for the second and further sell orders;
  • SellInterval - minimum price range between sell orders, in points;
  • SellForceInterval - interval for the forced opening of sell orders, in points;
  • SellProfitMultiplier - multiplier of the total profit. When it is reached, all sell orders will be closed;
  • SellShiftUp - shift from the price level (the third sell signal);
  • SellShiftUp2 - second shift from the price level (the fourth sell signal);
  • SellSignalPeriod - period to search for the signal to open a sell order;
  • SellSignalLevel - threshold at which it is allowed to open orders (the second sell signal);
  • SellStartSleepHour - start of period in which sell orders must not be opened, in hours;
  • SellStopSleepHour - end of period in which sell orders must not be opened, in hours;
  • BuyDynamicRisk - risk size used for calculating a lot for buy;
  • BuyFirstTP - profit of the first order for long positions, in points;
  • BuyMaxOrders - maximum number of short positions opened simultaneously;
  • BuyLotMultiplier - multiplier for the second and further buy orders;
  • BuyInterval - minimum price range between buy orders, in points;
  • BuyForceInterval - interval for the forced opening of buy orders, in points;
  • BuyProfitMultiplier - multiplier of the total profit. When it is reached, all buy orders will be closed;
  • BuyShiftUp - shift from the price level (the third buy signal);
  • BuyShiftUp2 - second shift from the price level (the fourth buy signal);
  • BuySignalPeriod - period to search for the signal to open a buy order;
  • BuySignalLevel - threshold at which it is allowed to open orders (the second buy signal);
  • BuyStartSleepHour - start of period in which buy orders must not be opened, in hours;
  • BuyStopSleepHour - end of period in which buy orders must not be opened, in hours.

For any questions please send me a private message. I will necessarily answer you.

Matthew Todorovski
3975
2016.08.16 15:32 
 

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