This is the free version of the IDDQD EA. The robot opens only buy trades. This allows to fully evaluate the operability of the EA, the systems of money management and position control. Can be used for trading on real accounts. But the profitability of the full version is greater by 75-90%.
Expert Advisor for the EURUSD currency pair and the M15 timeframe. The development was based primarily on the signals from the MQL5 site. A very successful symbiosis of the technical analysis of the daily charts and mathematics. The chart analysis uses original powerful adaptive indicators. There is a free version of the robot. Real account monitoring Built-in Excel reports.
The EA analyses patterns on the daily chart and enters using a pending order. In case of unfavorable movement the position is averaged. The limit orders to elimination the slippage factor. Stability and absence of long-term drawdowns. Powerful management of the open positions. Works without reoptimization on the entire history.
- Real account monitoring: https://www.mql5.com/en/signals/author/fastinvestments;
- Full version of the EA: https://www.mql5.com/en/market/product/15730;
- Guide on setting the parameters and FAQ.
- The trading robot considers only closed bars (testing and optimization can be performed using opening prices);
- The strategy uses averaging;
- Works both with Instant and Market Execution types (autodetection);
- Resistant to a temporary loss of connection or a short-term computer shutdown. After starting the computer, the Expert Advisor will pick up its orders and continue trading;
- Always works only with its own orders even if you have decided to trade manually in parallel.
- Currency pairs: EURUSD;
- Timeframe: M15;
- Five-digit quotes.
- Stops can be placed at the distance of 50 points;
- The maximum spread is 20 points. Small spread significantly increases profits;
- The minimum leverage is 1:100. Recommended value is 1:500;
- EET_TimeCorrection - difference of the terminal time and EET.
- NGrid - number of orders in the grid.
- ExpLot - lot multiplier for subsequent orders in the series.
- StLot - lot size of the first order. If the value is positive, it is used as a fixed lot (Example: Lot = 0.01 the trade will be opened with the size of 0.01 lot). If the value is negative - the EA opens 0.01 lot per each parameter value available on the deposit (Example Lot = -100, the account has $500, the trade will be opened with the size of 0.05 lot).
- StopIDDQD - disable opening new series, the current series will be continued.
- MinProfit - if an order series is opened, the EA will not close it until gaining profit greater than this parameter.
- GameMode - trades are opened every day regardless of the patterns. Attention! - large drawdowns, unpredictable result.
- MaxSpread - If the current spread is greater than this value, the trade will not be opened.
- MagicNumber - beginning of the range of magic numbers occupied by the Expert Advisor. The EA occupies 50 numbers.
- Slippage - allowed slippage.