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RVI pips

This Grid Expert Advisor is based on the Relative Vigor Index indicator. 


  • Buy signal: the main line crosses the signal line from below.
  • Sell signal: the main line crosses the signal line from above.

Recommendations
  • A standard trading account, a reliable computer with a stable interned connection or VPS.
  • The minimum settings are set by default.
  • No more than 8 running EAs on one trading account.

 

Settings
  • RiskPercent - risk percentage, true or false. 
  • RiskBalance - risk as percent of account balance (1% 1000=0.01, 10000=0.1, depends on your trading account).
  • MinLot - initial deal volume. If RiskPercent is on, lot is calculated based on balance. 
  • MaxLot - maximum deal volume for the grid. Step = 0 when reached, start again from MinLots or RiskBalance.
  • LotMultiplier - lot multiplier after an unprofitable deal, or if Step is greater than 0, function for the grid of orders. (Martingale), 1 - disabled.
  • LotMultiplier2 - lot multiplier after a profitable deal, if Step = 0. (Martingale), 1 - disabled.
  • Step - distance between orders in points if the price goes to an unprofitable direction, a new trade will be opened, 0 - disabled.
  • UseCommissionCorrection - commission, true/false.
  • DefaultCommission - commission per one lot (100 000).
  • Stop - loss percentage of the open positions on the chart, the EA will stop its operation and resume on Monday.
  • StopLoss - stop loss for the first order only.
  • TakeProfit - profit in points.
  • TrailingStop - fixed trailing stop; 0 - disabled, move a stop loss to breakeven. 
  • TrailingStep - trailing stop step for following the price.
  • Modetickvalue - раminimal price change of the instrument in deposit currency from the first deal, TakeProfit = 0 for all deals, true/false.
  • MaxSpread - allowed spread. If a spread is higher, the EA does not work, 0 - disabled.
  • NewBar - open and close deals on new bar, true/false. (StopLoss and TakeProfit not affected).
  • CloseSignal - close deals by signals.
  • TickVolume - uses 5 minute bar, if the Volumes indicator deviates at the open of a new bar, the EA will not open a trade, true/false. (StopLoss and TakeProfit not affected).
  • RVIPeriod - period of the indicator.
  • RVISELL - signal line, sell if above.
  • RVIBUY - signal line, buy if below.
  • CloseTradesOnFriday - close deals on Friday, start trading on Monday: true/false.
  • FridayCloseGMTHour - close hour on Friday (GMT).
  • FridayCloseGMTMinute - close minute on Friday (GMT).
  • MondayStartGMTHour - open hour on Monday (GMT).
  • MondayStartGMTMinute - open minute on Monday (GMT).
  • Magic - each chart has its own magic number for deals.
  • InfoDisplay - show information on chart: true or false.
  • UseSound - a sound alert when a trade is opened: true or false.
Ovidiu Caslariu
7845
2016.03.06 18:34 
 

Need to do more tests on it.

Version 4.50 - 2017.04.05
Added the CLOSE SYMBOL and CLOSE ALL buttons.
No more than 8 EAs can be run on one trading account.
Added parameter Stop - loss percentage of the open positions on the chart, the EA will stop its operation and resume on Monday.
TimeIntervalSekundsOpen - interval between closing and opening trades, in seconds, 0 - disabled.
Version 4.10 - 2017.03.07
Fixed an error with the LotMultiplier after a profitable trade.
Version 4.0 - 2017.02.24
Added functions:
RiskPercent - risk percentage, true or false.
MinLot - initial deal volume. If RiskPercent is on, lot is calculated based on balance.
MaxLot - maximum deal volume for the grid. Step = 0 - when reached, start again from MinLots or RiskBalance.
LotMultiplier2 - lot multiplier after a profitable deal, if Step = 0. (Martingale), 1 - disabled.
UseCommissionCorrection - commission, true/false.
DefaultCommission - commission per one lot (100 000).
StopLoss - stop loss for the first order only.
TakeProfit - profit in points.
TrailingStop - fixed trailing stop; 0 - disabled, move a stop loss to breakeven.
TrailingStep - trailing stop step for for following the price.
Modetickvalue - minimal price change of the instrument in deposit currency from the first deal, TakeProfit = 0 for all deals, true/false.
MaxSpread - allowable spread. If a spread is higher, the EA does not work, 0 - disabled.
NewBar - open and close deals on new bar, true/false. (StopLoss and TakeProfit not affected).
CloseSignal - close deals by signals.
TickVolume - uses 5 minute bar, if the Volumes indicator deviates at the open of a new bar, the EA will not open a trade, true/false. (StopLoss and TakeProfit not affected).
Version 3.0 - 2017.01.25
A timer added, now the EA is updated once per 1 millisecond.
Added functions.
RiskBalance - risk as percent of account balance (1% 1000=0.01, 10000=0.1, depends on your trading account).
Step - distance between orders in points if the price goes to an unprofitable direction, a new trade will be opened.
CloseTradesOnFriday - close deals on Friday, start trading on Monday: true/false.
FridayCloseGMTHour - close hour on Friday (GMT).
FridayCloseGMTMinute - close minute on Friday (GMT).
MondayStartGMTHour - open hour on Monday (GMT).
MondayStartGMTMinute - open minute on Monday (GMT).
InfoDisplay - show information on chart: true or false.
UseSound - a sound alert when a trade is opened: true or false.
Removed functions:
Lots - initial trade volume.
MaxLots - maximum trade volume.
StopLoss - stop loss.
TakeProfit - profit in points.
Slippage - acceptable slippage.
TrailingStop - fixed trailing stop; if 0, disabled.
TrailingStep - trailing step.