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Mort

The system trades on price actions and is a breakout system. It opens positions on weekly high or low price breakouts. It is set up to check for the right range of volatile market conditions and cares about probability and expectations for every position. The positions are opened with fixed stoploss numbers and trailed. Takeprofits are fixed in default settings and can be switched to be calculated based on the current volume.


Expert parameters:

  • RiskPercent - risk in percent for a single position
  • TrailingStopPips - trail stop in pips
  • TakeProfitPips - take profit in pips
  • DynamicTakeProfitActive - activate calculation take profit based on volume (comparing historical volume with actual volume)
  • DynamicTakeProfitMin - dynamic take profit - minimal pips allowed for opening a position
  • DynamicTakeProfitMax - dynamic take profit - maximal pips allowed for opening a position
  • SlippagePips - allowed slippage in pips
  • TradingTimeMonThuStartHour - time filter - Monday - Thursday start time hour
  • TradingTimeMonThuEndHour - time filter - Monday - Thursday end time hour
  • TradingTimeFriActivate - time filter - allow system to open positions on friday
  • TradingTimeFriStartHour - friday start time hour
  • TradingTimeFriEndHour - friday end time hour
  • VolumeMultiplierMin - volume multiplier - minimal value (trade only within range of acceptable volume, based on historic price moves, price move estimation)
  • VolumeMultiplierMax - volume multiplier - maximal value (trade only within range of acceptable volume, based on historic price moves, price move estimation)
  • MarketOpenTimeNYSE- time hour for market opening at NYSE (adjust that value to broker server time. Start value 16 is UTC +2 which is optimal for VPS location in Greek or Turkey.)
  • MagicNumber - magical number identifier (identify trades managed by the expert)

See screenshot for default settings (1 year). Default settings are fine, set files and fixes are handed with the expert as requested. The system was tested on 4 and 5 digit brokers. Good Trades!

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