• Overview
  • Reviews
  • Comments (6)

Pokemon

The Expert Advisor uses an advanced adaptive trading strategy with a neural network based on a position averaging. The strategy for opening the first trades is based on the price rate of change. The neural network is based on a single indicator - the weighted average percentage of the Open price, the High price, the Low price and the Close price. To filter trade opening in the order network, perceptrons are used. A common trailing stop of open positions by money in a deposit currency or profit % allows to efficiently close a portfolio of orders. The MultiCurrencyLot parameter allows to perform the lot calculation for opening new orders within the trading instrument. A virtual trailing stop can be used for the first open deal. A stop loss can be used to protect the capital. The EA has been adapted for both four- and five-digit quotes. VPS server is recommended. The timeframe is set in the Expert Advisor parameters. The recommended minimum deposit is 1,000 units of the base currency.


Recommendations

  1. Backtest and optimize the EA using quotes with 99.90% quality. Use slippage and commission similar to real market conditions.
  2. Before using on a live account, test the EA with minimal risk;
  3. Low spreads + low commission + high quality execution are important when choosing a broker to trade.


Parameters

  • EATimeFrame – timeframe for the Expert Advisor;
  • MultiCurrency – allow multicurrency trading;
  • LotPercent – automated trading lot calculation depending on the balance. Not used if set to 0;
  • Lot – initial trading lot if AutoLot=0;
  • AddLot – lot increase element for the next position. Next lot = current lot+AddLot*Martingale;
  • Martingale – trading lot multiplier. 0 - disabled;
  • MaxLot – max lot in the order series;
  • MultiCurrencyLot – allow calculating lot based on all open positions on the account;
  • SendOrderStep – distance from the last open position to allow placing a pending order;
  • SendOrderPrice – pending order step, distance from the current price;
  • TrailStopOrder – distance the price should pass for trailing a pending order;
  • TrailStepOrder – distance to trail a pending order following the price;
  • Magic – magic number. If 0, it works with all orders;
  • Com – comment to orders;
  • StopLoss – allow using stop loss;
  • StopLossMethod – method of closing orders by stop loss;
  • StopLossPoint – value of a selected closing method;
  • TrailingMethod – trailing stop method: profit % and deposit currency;
  • TrailStopPoint – trailing stop in currency or deposit %;
  • TrailStepPoint – trailing step of a selected closing method;
  • TextColor – color of the displayed information.
No reviews