Illusion

✅The Illusion EA uses the probability theory - after a series of consecutive virtual losses - i.e. right during a flat the EA already starts trading in the trend. In addition, the EA considers the ratio of bullish/bearish candles on the higher timeframes to determine the greatest probability of the price movement direction.

✅Only 1 order can be opened at a time. In case of a loss the following order will be placed with an increased lot (the multiplication coefficient is set in the parameters).

✅The EA can simultaneously work on multiple charts of different trading instruments or different timeframes of one currency pair. If a trader wishes to operate on a single trading instrument but on different timeframes, - set unique Magic numbers for each chart in the EA settings. Simply put - change magic numbers for each chart.

✅By default the EA is configured for trading EURUSD M30.

✅The main external parameters affecting the Profit factor:

• The number of consecutive unprofitable orders - the greater the number, the more accurate the entry;
• Take profit - Decrease the value for the smaller timeframes and increase it for the higher timeframes;
• Stop loss - the same as with Take profit.

✅To avoid mistakes when trading on cent accounts, the EA does not automatically adjust to 4- and 5-digit quotes. Therefore, for 4-digit quotes the Take profit and Stop loss parameters must be divided by 10. For example, the default Take profit is 750 points (for 5-digits). So, for 4-digits, 750 must be divided by 10 = 75. The value 75 must be entered in the Take profit field.

✅For 5-digit quotes these steps are not required.

Settings

• Count real virtual trade - the number of unprofitable virtual orders in a row;
• Trading Start Lot - the initial trading lot;
• Multiplier - order multiplier, if the previous was closed in a loss;
• Take Profit - Take profit;
• Stop Loss - Stop loss;
• Magic Number - the magic number for the EA to distinguish its orders.
• ShowInfoPanel - display the information panel.