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Paribas

Trend Expert Advisor with a strategy based on trading in the price reversal areas. No grid, no martingale, uses a fixed stop loss and take profit. It is designed for 4-5-digit quotes. VPS server is recommended. Timeframes – M5-H1. Recommended minimum deposit – 500 units of the base currency.


Recommendations

  1. Backtesting and optimization should be performed on quotes with 99.90% quality. With slippage and commission approximated to the real market conditions.
  2. Before using on a live account, test the EA with minimal risk;
  3. Low spreads + commissions + high quality execution are important when choosing a broker to trade.


Parameters

  • CountBars – number of bars to search for extremums;
  • OrderExecution – order execution type;
    • _InstantExecution – instant execution;
    • _MarketExecution – market execution;
  • FixedLotSize – fixed lot if RiskPerTrade = 0;
  • RiskPerTrade – lot size calculation based on free margin;
  • MaxLotSize – maximum lot;
  • OrdExpiration – expiration of orders, specified in minutes;
  • MaxSpread – maximum spread;
  • MaxSlippage – maximum slippage;
  • TakeProfit – initial take profit;
  • StopLoss – initial stop loss;
  • TrailingStop – value of trailing stop, at which the StopLoss is moved by TrailingStep;
  • TrailingStep – profit to be protected by trailing;
  • MagicNum – trades ID;
  • EAComment – comment;
  • DrawInfo – display information panel on the chart;
  • Language – display language of the information panel;
    • _English – English;
    • _Русский – Russian;
  • TextColor – text color;
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