Market / MetaTrader 5 / Experts /

Fortune Long b5

130 USD

Demo downloaded: 5

Published: 9 March 2024

Current version: 1.0

Fortune Long b5

Experts
Sabina Fik
Version: 1.0
Activations: 5

The "Fortune Long" bot works using pending orders and reacts to a channel breakdown with the direction of work in the channel; it is necessary to correctly calculate the levels of entry, stop loss, take profit, and the level of deviation of the pending order from the price. The bot needs to be optimized for 2 years with a forward period of 1/2. Once optimization is complete, select the best settings and save them. Work for 6 months. The bot automatically calculates all levels and the entry level, stop loss and take profit, as well as the level of deviation of the pending order from the price. When optimizing, you need to set coefficients. Using these coefficients, all necessary levels will be expressed.

Screenshots:

Setting up a tester for optimization with a forward period of two years.
Optimization results.
Optimization results and result selection.
Optimization test.
Test for the future.

Settings for MT5 history from MetaQuotes. Do your own optimization for your broker.

How it works:

We determine channel levels by Bollinger bands (upper, lower).
We calculate the channel width and levels for entry, start, stop loss and take profit.
We check the conditions for opening orders: a breakdown of the upper or lower border.
We open pending orders taking into account stop loss and take profit levels.
We manage money depending on the settings.

Optimization parameters:

BandsPeriod: Bollinger Bands period.
BandsDeviation: Bollinger Bands deviation.
CountOrderInSeries: Number of orders in a series.
bars_avg: Number of bars for averaging.
k_avg: Coefficient for the average.
k_level_in: Coefficient for input level.
k_level_start: Coefficient for the start level.
k_take_profit: Take profit coefficient.
k_stop_loss: Stop loss ratio.
k_step_order: Coefficient for the order step.

Other parameter settings:

ActiveTF: We leave the H1 period selected.
BandsTF: We leave the D1 period selected.
SetStopsLevel: Leave at level 10.
SetupFilling: We leave the order fill type FOK selected.
MagicNumber: Set the magic number to 123.
CommentOrders: Leave comments for orders empty.
SatableVolume: Set the fixed volume to 0.01 lot.
MoneyManagementOn: We leave money management on.
MoneyManagementBase: Set the base amount for money management to 1000.

Important:

Before using on a real account, you need to test it on a demo account.
Don't forget to check and set up Money Management to manage your trading volume.
Please be aware of the risks of Forex trading and always test new strategies and advisors before using them on live accounts.
After optimization, it is necessary to conduct testing on historical data to ensure the effectiveness of the new parameters.
It is also recommended to use the advisor on a demo account before using it on a real account.
Please make sure that the bot code fully matches your requirements and trading strategy before launching it on a live account.

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The TrendScope Pro indicator views the chart as a function with the X-axis representing time and the Y-axis representing price, expressed in bars and pips respectively. The main objective of the indicator is to provide users with signals for actions when the function forms continuous movement in one direction over a specific period of time. The indicator parameters need to be adjusted individually for each currency pair, as the price function varies for different pairs. The indicator provides

99 USD

The "Trend Api" indicator is an innovative tool for trend analysis in the Forex market. It has unique features and a wide range of settings that will help traders make informed decisions when trading. This indicator is based on the analysis of the market trend and helps to identify the direction of price movement. It uses various mathematical algorithms and statistical methods to determine the strength and sustainability of a trend in the market. One of the key features of the "Trend Api" i

69 USD

The Plasma Trend indicator is a simple technical indication that is used to determine the current trend direction in the market. The Plasma Trend indicator is a powerful tool for determining the direction of the trend in the Forex market. It is based on both standard technical indicators and proprietary mathematical calculations, which provides a more accurate and reliable trend determination. Its implementation in the form of lines of two colors simplifies the visual determination of a change

129 USD

PricePulse Pro - Indicator of Simple Solutions! Using this indicator is very easy - just follow the colored arrows on the chart. The indicator algorithm takes into account daily price fluctuations and focuses on measuring the "candlestick" share in the trend. This indicator uses an algorithm that considers price changes based on various parameters such as H/C (high price/close), H/O (high price/open), LC (low price/close), LO (low price/open). This allows for a more detailed analysis of price

99 USD

Introducing the PriceStream Channel - a classic channel indicator that allows traders to timely react to price movements beyond the established channel boundaries. This corridor is built based on the analysis of several candles, starting from the last one, which helps identify the extremes of the studied period. These extremes then create the channel lines. Trading within a channel is one of the most popular strategies in forex, and its simplicity makes it suitable even for beginners. The Pri

99 USD

The "Trend Orbital" indicator is a tool for tracking trends in the financial asset market. It is based on the analysis of price data and provides a visual interpretation of the current direction of price movement. Options: InpAmplitude: Amplitude - determines the amount of volatility that the indicator takes into account when determining the trend. Group "Arrow": InpCodeUpArrow: Up Arrow Code - Defines the arrow symbol to display an uptrend. InpCodeDnArrow: Down Arrow Code - Defines the arrow

109 USD

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