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Ilan Dynamic Pro

4

The present Expert Advisor is based on the "Ilan 1.6 Dynamic" EA which is widely used by the large number of traders and thus deserves increased attention from professional developers producing lots of advisor’s modifications. There are many variations of this advisor, each having its own pros and cons, but all these modifications are united by a common position averaging algorithm that is used to close a series of unidirectional orders at the total Take Profit level. I have created a modification of the EA with the whole code written from scratch and the analytical unit completely redesigned. Now Expert Advisor stands 100% up to its name as it has almost all parameters dynamically variable depending on the situation on the active chart. Dynamically adjustable parameters allow obtaining sufficiently stable operation with different instruments even with the default settings with no initial optimization. At the same time, all important parameters are available for optimization and fine-tuning for a specific instrument and trading conditions. In this "Ilan Dynamic Pro" modification I have tried to bring my own vision of effective averaging algorithm, implementing the idea led by many years of professional MT4 development experience and my own vision of the Forex market.


Operation Modes

Depending on the signal, the EA can open positions in two directions - buy and sell. If necessary, the Expert Advisor can be customized to work in only one direction.

The volume of the initial order is automatically calculated when the proportional calculation function is enabled. If the price moves against the position, an averaging order is automatically placed. The averaging algorithm can be flexibly adjusted by special input parameters. If necessary, the algorithm of proportional volume calculation can be disabled in the EA's input parameters. In this case, the Advisor will always start a series with the volume specified in the input parameters.


Input parameters

Basic Parameters

  • Positions - select the direction of position opening.
  • Time Frame - period of the chart at which all the calculations are made.
  • Magic Number - identification ("magic") number for each order.
  • Start Time - trading start time.
  • Stop Time - trading stop time.
  • Balance - the reference balance for proportional calculation of the initial position volume. If 0, the function is disabled and initial position volume is equal to Lots_.
  • Lots - the reference volume for proportional calculation of the initial position volume.
  • Max Lots - the maximum volume of orders in lots. The parameter is also used in proportional calculation, the value of the maximum volume will change as the account balance grows. If set to 0, the function is disabled.
  • Stop Loss K - coefficient for Stop Loss level calculation.
  • Take Profit K1 - coefficient for Take Profit level calculation.
  • Take Profit K2 - coefficient for calculation of the total Take Profit level in series.
  • Shift K - coefficient for calculating the offset level from the last order in order to place a new order in the series.
  • Market Execution - set the Stop Loss and Take Profit levels for market orders after the orders are opened. This parameter should be used when working on an ECN account.
  • Slippage - maximum deviation from the requested price in points when opening and closing market positions.
  • Maximal drawdown - the maximum allowable drawdown as a percentage of the active account balance.

Trailing Stop

  • Use Trailing Stop - enabling the Trailing Stop function. If set to false, the Trailing Stop function does not work.
  • Level - as soon as profit in points becomes equal or greater than the specified level, the command for placing a Stop Loss order is issued automatically. The order level is set at the specified distance from the current price. If the price moves in favorable direction, the trailing stop automatically moves stop loss following the price. Otherwise, the order is not modified.
  • Step - step size in points.

Additional Information

Reviews 6
maheralatem
105
maheralatem 2024.06.24 03:08 
 

Hello, is there any set file i can use? can i use with gold? if yes what the best sitting to use. thank you

Mindaugas Vilcinskas
161
Mindaugas Vilcinskas 2017.01.07 23:12 
 

Respect ! Vsio rabotaet xarasho :)

denby2
269
denby2 2016.09.28 00:48 
 

Lo sto usando e posso dire che per ora funziona bene,grazie agli autori

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Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
AW Recovery EA
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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The programmable signal panel analyzes the charts of all available symbols and timeframes and sends a notification about the appearance of a trading signal. You can program all the necessary signals using the free binding indicator "Signal Collection". The binding   indicator is provided with open source code. Thus, it is possible to program all the necessary signals for subsequent use in conjunction with the signal panel. The signal panel can not only analyze charts, but also manage these chart
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The algorithm of this indicator is based on a high-performance digital filter. The unique digital filtering algorithm allows receiving timely trading signals and estimating the current situation objectively while conducting technical analysis. The indicator is effective on small and big timeframes. Unlike common classic indicators, digital filtering method can significantly reduce the phase lag, which in turn allows obtaining a clear signal earlier than when using other indicators.
EXP DFA
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This Expert Advisor can work in three different modes, which can be configured by changing the input parameters. The Expert Advisor performs trading operations based on the signals of the built-in indicator "Digital Filter A". The algorithm of this indicator is based on a highly efficient digital filter. The indicator resembles a moving average, but has one significant difference — the digital filtering algorithm. This algorithm is based on a mathematical model of a digital filter with adaptive
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This Expert Advisor is based on the "Ilan 1.6 Dynamic" Advisor with full preservation of the idea and input parameters. The "Ilan 1.6 Dynamic" advisor is the predecessor of all Ilans and the most recognizable Martingale method Forex advisor. The number of titles given to this development can hardly be counted. In fact, the Advisor uses a simple trading strategy based on two standard technical indicators - RSI (Relative Strength Index) and CCI (Commodity Channel Index) . The first one is used to
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maheralatem
105
maheralatem 2024.06.24 03:08 
 

Hello, is there any set file i can use? can i use with gold? if yes what the best sitting to use. thank you

Dmitriy Fomin
172
Dmitriy Fomin 2018.02.26 18:29 
 

User didn't leave any comment to the rating

Ivan Sousa
1215
Ivan Sousa 2017.05.25 10:58 
 

New version... testing...

I will change the rate later.

Mindaugas Vilcinskas
161
Mindaugas Vilcinskas 2017.01.07 23:12 
 

Respect ! Vsio rabotaet xarasho :)

denby2
269
denby2 2016.09.28 00:48 
 

Lo sto usando e posso dire che per ora funziona bene,grazie agli autori

darek1610
639
darek1610 2016.09.13 18:36 
 

very good support! very good EA thanks!!!!

Reply to review
Version 2.7 2020.07.05
Improved algorithm.
Version 2.6 2019.01.28
Improved algorithm.
Version 2.5 2018.08.20
Improved algorithm.
Version 2.4 2018.08.17
Improved algorithm.
Version 2.3 2018.07.18
Improved algorithm.
Version 2.2 2017.05.24
Added a new parameter.
The maximum volume of orders in lots "Max Lots".
Version 2.1 2017.01.31
Added translation of some dialog messages in the English language.