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Honeybee

The Expert Advisor analyzes volumes before entering a trade. Major market players buy and sell large volumes and thus influence further price movement. Honeybee hunts for volumes just like for honey. When the market rises or falls, and suddenly there are volumes in the opposite direction, the EA opens a trade. You can configure the EA to open trades following the trend of a higher timeframe. If necessary, Stop Loss is moved to breakeven after the price moves a certain number of points. The EA can be configured to open trend following trades with the minimal risk.


Features

  • Counselor can trade any currency pairs and timeframes;
  • Trades fully automatically;
  • Does not require a large initial deposit;
  • Does not use risky trading methods;
  • Always sets Stop Loss to protect deposit;
  • Stop Loss can be moved to breakeven;
  • Иoth a fixed lot and a free margin percentage are used;
  • Ability to set time limitations for the EA operation (not to trade during low volatility).

Important: any Expert Advisor requires optimization before live trading, and then from time to time. Do not forget to do this.


Inputs

  • Lots - lot size;
  • Percentage of free money - percent of free margin to open a new trade (if Lots=0, the lot will be calculated based on the specified percentage), recommended 1-10;
  • MaxSpread - the maximum allowable spread to open trades (for floating-spread symbols, to avoid opening with a large spread);
  • Magic - unique identifier, use different magic numbers if multiple Expert Advisors run in your terminal;
  • TakeProfit - order closing price at a certain profit target;
  • Minimum take profit - minimum profitability price, after passing which an order can be closed by a reverse signal;
  • StopLoss - the Stop Loss order value;
  • Stop to breakeven after - move a trade to breakeven after a certain number of points;
  • PeriodATR - the period of the ATR volatility indicator;
  • Level ATR - ATR level aft which trading is allowed;
  • Stochastic Parameter (10-1000000) - a universal parameter for Stochastic;
  • Stochastic levels (0-100) - levels of the Stochastic indicator;
  • ADX Parameter (0-1000000) - a universal parameter for ADX;
  • Amount of volume bars - number of bars to define volume;
  • Stiffness - sensitivity (with larger value the EA performs less trades with less errors);
  • OnlyTrend - trade only in the trend direction (false - off, true - on);
  • TimeframeTrend - the timeframe to determine trend (in minutes, 5 - M5, 60 - H1, 1440 - D1);
  • Stochastic2Enable - enable the additional Stochastic indicator (true or false);
  • Stochastic 2 Parameter (100-1000000000) - a universal parameter for the additional Stochastic indicator (if used);
  • Trading start hour - trading start hour;
  • Trading end hour - trading end hour;
  • CountBuy - maximum number of open Buys;
  • CountSell - maximum number of open Sells;
  • Delay - pause between orders;
  • ShowInfo - show info (testing is slower if it is on).
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