Umbrella mt5

UMBRELLA

Description:
Umbrella Expert Advisor is a trend-following trading system powered by a proprietary indicator. It incorporates a martingale grid strategy to optimize trade management and positioning. The EA is designed to operate across all currency pairs and timeframes; however, it demonstrates particularly strong performance on highly trending instruments, such as XAUUSD on the M15 timeframe.

Pairs and Timeframe:
This EA works well on xauusd or main currency pairs like eurusd; gbpusd, usdcad, audusd; audcad; nzdcad; nzdusd on m15 or higher time frames like H1 for more accuracy.

Settings:

Open new series – True/False – Allow new series
Trade Buy – True/False – Allow buy
Trade Sell – True/False – Allow sell
Manage manual orders – True/False – If trader enter new orders manually the EA will control it
Use Hedge – True/False – Allow hedging
Order Comment – EA Trend Ai
Max spread (0 – not use) – 0  - Maximum spread allowed
Start Hour – Starting hour of EA
End Hour -  Ending hour of EA
Magic – the unique magic number that identifies the EA
---Strategy Settings ---
Max buy orders – the maximum allowed buy orders
Max sell orders – the maximum allowed sell orders
Initial lot – the initial lot to start trading
Autolot – true/false – enable/disable auto lot calculation
Autolot size. Free margin for each 0.01 – 1000 - Amount of the deposit on which start lot is to be used when auto lot is True
Lot Multiplier - Lot multiplier for subsequent orders
Max Lot  – The maximum lot size allowed
TP Mode – Virtual – Virtual/Real TP – Virtual Take Profit is not visible, Real Take Profit is visible
TP (0 – not use) – Take profit in points
SL Mode – Virtual/Real – Virtual Stop Loss is not visible, Real Stop Loss is visible
SL (0 – not use) – Stop loss in points
Trail Mode – Virtual/Real – Virtual trail is not visible or Real trail is visible trailing
Trail Start, points (0 – not use) – Start of trailing in points
Trail Step, points – 100 – Start of trailing step in points
Overlap Last order – True/False - Allowing first and last order to overlap to reduce draw down
Overlap last order number – 8 – At what order number will overlap start
Overlap percent – The percentage of profit after first and last order closed simultaneous in total profit
Pause between orders (min. 0 – not use) - Amount of minutes to pause between orders
---Distance Settings---
Fix distance – The distance between orders
Order dinamic distance – from which order number the dynamic distance will start
Dynamic distance start - This value sets the distance between first order and market price, where the dynamic distance will begin
Distance multiplier - The multiplier factor for increasing distance between orders
Next:
---Panel Parameters---