• Overview
  • Reviews (2)
  • Comments (28)

DarkForest

The strategy is based on the price channel breakout. VPS is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF).


Features

  • The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels;
  • Customizable pyramiding, hedging and order grid functions;
  • Position tracking can be one of the three types: single closing, unidirectional or multidirectional order basket;
  • The initial market exit strategy is highly customizable;
  • The EA can be used with any trading strategy, both manual or automatic (Expert Advisors) if MagicNumber = -1.


Advantages

  • Complies with the FIFO rules provided that pyramiding, grid or hedging are not used;
  • The EA has been designed for the actual current market conditions;
  • Pending orders and real stop levels;
  • No dependence on a trading account type and broker;
  • The product works both with small and large deposits;
  • Resistant to connection losses, gaps, slippages and spread expansions.


Expert system

The algorithm collects price patterns on history to make forecasts depending on stop levels by using the statistics of the further price movement. The quotes history should be pre-downloaded for at least one year before testing/optimization on all currency pairs and timeframes, the EA is to be attached to. The lower the timeframe, the more price patterns the EA is to define and the more trend change signals are to be activated.


Main parameters

  • ChannelWidth - channel width;
  • ChannelModify - re-build the channel using new prices, in seconds;
  • BuildingForecast - number of patterns to build a forecast, 2-7; -1 - not used;
  • x1,x2...x16 - weights, 0-100;
  • StartWorkingTime, EndWorkingTime - operation by time;
  • OpenPositions - orders opening strategy;
    • SingleOpen - single opening;
    • Grid - order grid;
    • Pyramiding - pyramiding;
    • Hedging - hedging by symbol;
  • OppositeDirection - open positions in the direction opposite to a signal;
  • OpposingPositions - enable oppositely directed positions;
  • VolumeCalculation - trading lot calculation method;
    • Manual - set initial lot manually;
    • Balance - calculate a trading lot based on the balance;
    • Equity - by equity;
    • FreeMargin - based on the free margin;
  • InitialVolume - initial lot or % depending on the selected method;
  • VolumeBehavior - lot behavior;
    • SameVolume - same lot;
    • IncreaseVolume - increase lot;
    • DecreasesVolume - decrease lot;
  • OrderOpenStep - initial order open step;
  • OrderStepBehavior - order open step behavior;
    • SameLevel - same levels;
    • IncreaseLevel - increase step;
    • DecreasesLevel - decrease step;
  • ClosingPositions - order closing strategy;
    • SingleClosing - single closing;
    • UnidirectionalClosing - close a unidirectional basket of orders;
    • MultidirectionalClosing - close a multi-directional basket of orders;
  • TakeProfit - take profit, -1 - not used;
  • StopLoss - stop loss, -1 - not used;
  • Breakeven - position breakeven, -1 - not used;
  • TrailingStop - trailing stop, -1 - not used;
  • MagicNumber - magic number. If -1, the EA works with all orders;
  • OrdersComment - comment to trades;
  • Visualization - display data on a chart.
forexprojet
93
forexprojet 2017.11.02 18:17 
 

175 ea,0 signals! What I can say is that it was a bell of alarm! I tested the ea in demo, this is the signal https://www.mql5.com/en/signals/359916,a part the first operation ($ 150 gain done by me) is a disaster a continuous loss.

Like all of it and it works well only in backtest.

Absolutely not to buy

iamgold
759
iamgold 2017.09.11 21:00 
 

this is a great Ea, you buy much Ea for your Money, i have got profit so far, good Work.