Green Point Auto MT5

The Expert Advisor consists of several Prototype-1 virtual Expert Advisors (up to 100 strategies depending on the pair). Each strategy has different parameters. After calculating lots for all strategies, the Expert Advisor calculates the resulting trading lot. The idea behind using virtual strategies is that if one of the virtual strategies loses money, the entire deposit isn't lost, but rather reduced by 1/100, or 1% (using Risk=5000 and VirtualBalance=5000).

The advisor uses averaging methods in its trading, trading within a corridor. When it moves outside the corridor, the advisor closes positions and stores them for future openings.

The best condition for trading is a flat.

Recommended: EURUSD, NZDUSD, AUDCAD, EURCHF, USDJPY, NZDCAD, USDCAD, EURGBP, GBPCHF, GBPCAD period M15.

The advisor parameters are set in relative values to have the same settings for different deposits and Risk parameters.

Real Lot = Relative Lot * Balance * Value of One Point / Risk. This ratio is displayed in the advisor's information window.

Customization methods

  1. Working with multiple positions. For example, if MinLotToStart=0.02, Frequency=0.03, MaxTotalLots=5. In this case, the minimum position is limited to MinLotToStart=0.02. Any subsequent position will be opened if it exceeds Frequency=0.03 (it can be greater than 0.03, but not less), and the total number of lots must not exceed MaxTotalLots=5. The maximum possible number of positions in this case is (5 - 0.02) / 0.03 = 166.
  2. Working with a single position. For example, if MinLotToStart=0.07, Frequency=0.1, Max Total Lots=0.1, the first position must be greater than MinLotToStart=0.07, the next position must be no less than 0.1, and the total number of lots is limited to MaxTotalLots=0.1. Therefore, there will only be one position.

Built-in security systems

  1. High volatility.
  2. Trend reversal.
  3. Subsidence control.
  4. Control of the amount of funds.
  5. Maximum number of lots on the account.
  6. Maximum number of open positions.
  7. MT5 economic calendar.

Parameters

  • Risk – risk;
  • Min Lot To Start, relative value   – min. size of the calculated lot;
  • Frequency   – min. value of the next lot;
  • Max. Total Lots, relative value   – max. size of the calculated lot;
  • Auto GMT   – enable automatic calculation of the difference between GMT and server time;
  • ManualGMTOffset=2   – set your own terminal time difference minus GMT;
  • Summer Time   – time zone. Use only for testing. This is necessary for the advisor to automatically adjust the GMT Offset by one hour.
  • Slippage   - slippage;
  • Magic Number   – unique number;
  • FIFO   – use FIFO;
  • Fixed Balance   - fix the balance;
  • Time Filter   – turn on/off time filter.   Hour Start   - the beginning;   Hour End   - end;
  • Close And Remember Before Weekend   – close and remember positions before the weekend;
  • Close All And Restart After DD,%   – close all positions and resume the advisor’s work after a drawdown as a percentage of the deposit;
  • Partition Close   – partial closing if the calculated lot has become less than the current position (true is recommended);
  • Limit Orders of Symbol   – limit open positions by symbol, 0 – no limit.
  • SpreadLimit   – set the spread limit in points.
  • Manual Leverage   - setting the account leverage manually.
  • Correction Of Margin Requirements (0 - No Corrections)   – adjustment of margin requirements;
  • Slow Closing on Friday   - if TRUE, virtual strategies do not start trading on Friday if they were closed with a profit.
  • ExtraRecovery (work if >1)   - additional recovery.
  • Global Recovery   - use global variable for ExtraRecovery.
  • Commission   - reimbursement of commission from transactions.
  • NewsFilter   - news filter. Importance:   HighImpact   - high.   MiddleImpact   - average.   LowImpact   - low.   Speaks   - performances.   USDNewsForAll   - USD news for all pairs.   MinsBeforeNews   - minutes before the news.   MinsAfterNews   - minutes after the news.
  • StopLossProtection   - if >0, then a visible stop-loss will be set on all positions at the specified distance.
  • GlobalRecovery2019   - recovery function.
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