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Snake Trader

This Expert Advisor is designed to trade EURUSD. Snake Trader will detect high-probability entries for price action breakouts on D1 timeframe. The EA calculates the entry at daily bars, no matter what timeframe is selected. Advantages of the EA: no martingale or grid, use of small stop loss, low drawdown, no need to optimize.


Recommendations

  • VPS hosting, on which the EA runs all the time
  • Broker with a low spread
  • Broker with GMT+2/3 server time - five daily candles in a trading week (more precisely to trade breakouts on D1)


Parameters

  • Magic Number - a unique number for strategy
  • Maximum Spread (in pips) - default = 3
  • Lot Size - default=0.01
  • Multiply Lot per balance Equity (0 = fixed lots) - default = 45 (the Expert Advisor trades 0.01 lots per $45 balance)
  • Trade Start Time - start trading at this time
  • Trade End Time - stop trading at this time
  • Allowed Additional Margin for Entry (in pips) - default = 4 (the maximum gap between previous day high/low and entry)
  • Initial Stop Loss (in pips) - default = 10
  • Take Profit (in pips) - default = 100 (exit at a trailing stop)
  • Trailing stop (in pips) - default = 4
  • Buy Colour - arrow colour on a chart
  • Sell Colour - arrow colour on a chart
  • IgnoreSunday - ignore a Sunday bar, default = true
Denis Kharkharov
182
2016.05.31 21:04   

Ответьте пожалуйста по какой причине не работает ваш советник? / Please answer for some reason does not work your advisor?

Version 1.3 - 2016.02.18
Changed the default values of Multiply Lot per balance Equity
Version 1.2 - 2015.11.03
Version 1.2 - 2015.10.31

Changed the default values of Trade Time and Trailing Stop