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Fire Vortex Net EA

Fire Vortex Net EA is a fully automated Expert Advisor with the minimum number of inputs for trading on "netting" accounts. The EA analyzes the price behavior and opens a new order with a fixed lot in the direction of a trend in case an important price level is broken through. The lot size is defined by the Lot_Size parameter. The maximum number of orders opened for a single position is set by the Max_Orders parameter. The "netting" mode is used meaning that only one position can be opened at one symbol. TakeProfit and StopLoss values are calculated based on the symbol behavior within the last month. A position is closed either after reaching TakeProfit, or after an opposite signal appears, or by StopLoss. The maximum position volume depends on the allowed number of Buy or Sell orders set by the Max_Orders input parameter. The EA uses no martingale, nor hedging and needs neither setting, nor optimization. Suitable for trading instruments with 5 and 3 decimal places. The best results are shown on EURUSD M15.


Features

  • Works on "netting" accounts.
  • Ready to go without any particular setup.
  • Recommended pair - EURUSD M15.
  • Number of orders in the direction of a trend is set by Max_Orders.
  • TakeProfit and StopLoss are calculated and placed automatically.
  • No standard indicators.


Advantages

  • No martingale.
  • No hedging.
  • Easy to use, no complex settings.


Parameters

  • Trade - trading settings.
  • Max_Orders - maximum number of Buy or Sell orders for a single position.
  • Lot_Size - single lot size. The value of 0.1 is suitable for the deposit of $2000 and Max_Orders =30.


Requirements

  • Recommended pair: EURUSD.
  • Timeframe: M15.
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Version 2.0 - 2016.10.20
Changed the trend analyzer operation algorithm.