WindExpansion is a fully automated solution to get a smart edge type from the market: it will enter when the “smart money” is starting to heavy push the market (after accumulation/distribution phases that form tiny ranges) and volume is expanding due big interest to sustain the price caused by psychological buying/selling pressure; when this situation happens many traders will try to fade the move but “big dogs” will be stronger and collect profits by the crowd; when the opposite situation happens (“big dogs” try to fade the expansion move) it will implement some great trade management techniques that allow locking-in profit as soon as possible or in the worst cases small stop losses will be triggered to secure your account.
WindExpansion open two trade at once, the first with fixed target profit and the second is simply trailed all along the moves; it always uses tiny stop loss and try to ride big moves while it lock-in your profits (as soon as possible) until target is reached; it doesn't use any type of dangerous methods like martingale, averaging etc. but only genuine trade/money management concepts.
This EA will open trades at the open of new candle and it takes advantage from two expansion levels that happen on two different time frame (M30 and H1) with 4 different set files for each time frame; each set file will work to take a portion of the move (as you probably know the market has many dimensions) from smallest to the largest move to improve its edge over different move types, in this way EA will always be optimized for any amplitude of any move as it implement 4 different risk:reward figure in its set files (1:0.5, 1:1, 1:2, 1:3), you can notice that while the first set file work much like a scalper (just because it tries to lock-in profit sooner but sometimes it also spots big moves if price move sharply) the other three set files will work like a big “pips-catcher”.
It is fully optimized (walk forward optimization type with progressive out-of-the sample periods to avoid curve fitting risk) to work with the most liquid and followed pair: EurUsd (EurUsd is always the top pair under the trader's radar and for this reason it is very suitable for this EA)
WindExpansion is ultimately a good solution if you want to get your reliable edge in a relaxed environment; it isn't a “get quick rich scheme” any serious trader aims to have stability over the years and at same time a good night's sleep because you are sure to trade with something that you know deeply.
- NO martingale, NO grid or any dangerous method! There are no ways to cheat the market! IT IS PROVEN!
- It isn't “broker-dependent” but a good broker choice (low spread, good speed execution, etc..) will allow you to have improved results
- It open a basket of trades between 2 and 16 at once based on expansion strength
- It runs on 2 different time frame (M30 and H1) with 4 different set files for each TF to catch expansion in multi-dimensional and multi-amplitude fashion
- Professional trade management that lock-in and protect your pips as a stalker!
- Professional money management! Two money management type available (fixed-dynamic: a lot size figure for each x amount of capital; or dynamic: as % on equity)
- Optimizable for other pairs (remember: EurUsd is the TOP traded forex pair)
- Automatically adjusting for 4-5 digits
- Show_infoPanel - it will enable/disable the info dashboard
- expansion_lvl - minimum (in pips) expansion of the candle
- expansion_Period - period of (price based) dynamic indicator
- expansion_strength - a factor to measure the specific breakout's power
- Trigger_hunting - it will enable/disable the pending orders mode
- th_fix - number of pips beyond/behind the expansion candle to set the pending orders
- th_dynamic - a percentage factor (calculated on the expansion candle) to set the pending orders
- pending_expiry - number of bars after which the existing pending orders will be deleted
- use_XYStop - it will enable/disable a time stop for the trades and select an advanced mode for the time stop based
- XY_Timefactor - the number of bars after which trades will be closed based on the "use_XYStop" selected mode
- dynamic_SL/dynamic_TP - dynamic factor to set stop loss/take profit (for TP it work only if TP_lvl=O)
- TP_lvl/Trailing_lvl - take profit and trailing stop (in pips)
- minSL_lvl/maxSL_lvl - minimum and maximum (absolute) stop loss (in pips)
- riskoffset - level (in pips) at which EA will trail the stop loss to "lock_pips" level
- lock_pips - level (in pips) of profit locked-in
- AggressiveMM - it will enable/disable and select a mode to have an Aggressive money management type (soft/hard)
- hard_factor - a multiplier factor to increase the lotsize when "hard" mode is selected (martingale MM)
- Trading_only_News - it will enable/disable the opportunity to trade the strategy only in the news events periods
2. Added a news module for news trading: you can use the EA in the classic manner with the original .set files OR you can do now your own trading experiments using the strategy only in the news events periods (medium and high impact news events) when volatility is very high and the expansion pattern can be sustained in a more powerful fashion.
3. Added some money management variants in addition to the traditional MM: you can use/optimize it with a classic martingale MM (Aggressive_MM=hard) or you can use a more soft money management mode (Aggressive_MM=soft) that is similar to a soft martingale MM (lot size only go up even if EA encounter a streak of losses)
4. Added the possibility to have more flexible entries based on your preferences/optimizations (Trigger_hunting=off/fixed/dynamic). You can let the EA enter with the standard mode (at the close of the expansion candle) or you can set a different mode to enter with pending orders with the purpose to better control the occasional slippage (especially useful in the news events) and/or to explore the EA in your own custom way (i.e. you can transform the EA in a pure scalper with a bit of tuning on the entries and trade management). So if you set the pending entry mode (Trigger_hunting=fixed or dynamic) the EA can enter now with buy stop/sell stop if you set the entry "+x pips" in *th_fix* (or a positive percentage figure calculated on the expansion candle in *th_dynamic*) beyond the expansion candle OR with buy limit/sell limit if you set the entry behind the expansion candle (on the retracement) by "-x pips" (or a negative percentage figure calculated on the expansion candle)
5. Added some exit methods based on expiration time (Use_XYStop=whatever/lossarea/off) when price is struggling around the entry level. You can let the EA exit when price is sitting "x minutes" only in the loss area or you can let the EA exit whatever the price is after "x minutes"
6. Added different spread filters for the different entries.
7. Strategy reviewed and a minor bug fixed.
All these new features are specifically designed to make WindExpansion a very flexible tool for your trading activity so that you can use it with your discretion (very customizable) or in the classic manner (simply using the existing .set files).
2. Minor bug fix.
3. Added a useful info dashboard to check balance, equity, actual spread, running lot size, and STATUS.