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Quantina Straddle Trader EA 2016 Auto

Features

  • 4-5 digit platform supported and determined automatically.
  • Real ECN / STP account type compatible.
  • Advanced Break Even Method (Trigger + Lock).
  • Possible to trail before break even.
  • Separated Buy and Sell Order Distance.
  • Intelligent Money Manager (Calculated with Stop-Loss).
  • Unique Algorithm for Pending Orders.
  • Maximum Spread Filter.
  • Settings can be used in PIPS or in Points.
  • Stealth Mode Function to protect your account.


For beginners

Straddle trading is described as a method of simply placing two pending orders before economic news is released, a buy-stop and a sell-stop. The essence of this is to set a trap to capture market moves after a news release, which may go either way. If the news release comes out bullish, a bullish spike would trigger the buy-stop order and hopefully the trader will make some money. The same applies to bearish spikes. So with straddling, direction of a news release is not so important and not relevant.


In nutshell

Set two opposite direction of pending orders just a few minutes before the news released. (BuyStop - SellStop)

Market will react and move the market price in one way (long or short).

Then track and secure your executed order with BreakEven Method* and Trailing Stop.

All you have to do is to set News Event time and EA will open trade at once on required date and time.


Default Inputs in updated version:

  • OpenDay = Friday: EA will trade on every selected day a week. You can choose the days from a drop down list. 
  • OpenHour = 15 : it is in 24h format 0-24. EA using your broker server time.
  • OpenMinute = 30 trading minute
  • LotSize = 0.0: Trading lot size, If it is 0.0 EA will calculate with your trading risk.
  • RiskPercent = 5.0: Trading Risk percent. It will calculate your tradable lot size. Value in percent.
  • AllowBuyOrders = true: Allow to open long (buy) trades.
  • AllowSellOrders = true: Allow to open short (sell) trades.
  • CountedCandleNumber = 0: EA will set the Buystop and Sellstop pending orders from top and bottom of the previous candles highest high point + Buy Distance. Here you can set how many previous candle are counted.
  • BuyDistance = 10: Previously known as “PipsAway”. This value will be added to set BUYSTOP pending order only.
  • SellDistance = 10: Previously known as “PipsAway”. This value will be added to set SELLSTOP pending order only.
  • SecBeforePost = 10: Seconds Before Post when EA will place Pending Orders before news time.
  • MaxSpread = 20: Maximum allowed spread during trade.
  • TrailingStop = 15: Enter the amount of pips you want your trailing stop to be and EA will track all profitable orders.
  • TrailingStep = 1: Market price have to move at least TrailingStep in pips for any Tracking.
  • TrailBeforeBreakEven = false: Available to run TrailingStop before BreakEven.
  • BreakEvenTrigger = 6: Market have to move at least BET pips to secure at BreakEvenLock to save your profit BreakEvenLock = 3.
  • StealthMode = false: It will not be sending the StopLoss or TakeProfit Parameters to your broker.
  • DeletePendingAfterSec = 180: It will cancel all your not executed pending orders after few seconds.
  • OneCancelOther = false: cancel the other (opposite) pending order immediately.
  • PushNotificationEnabled: If it is true and you have set up this function in your MetaTrader Terminal, Quantina Straddle Trader EA will send useful notifications to your smart phone.
  • EmailAlertEnabled: If it is true and you have set up this function in your MetaTrader Terminal, Quantina Straddle Trader EA will send useful email alerts to your email address.
  • MagicNumber: Unique ID if you run more than 1 EA.
  • DebugMode = false: Debug mode will write more information to your chart and also it can take screenshots of your trading.
  • ValuesInPip = true: Whether you set this EA in pips or points values.
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Version 1.600 - 2016.01.18
Compatible with 4K resolutions