• Overview
  • Reviews (3)
  • Comments (32)

Contester

The Expert Advisor is based on a trend indicator.

The EA is designed for participation in contests.

Trade entries – in the trend direction.

The strategy is simple - attempt to build up the deposit faster than drawdown and diversify risks.

In case the trend changes, it is possible to manually close unprofitable trades. Or set the Use_TimeCloseAll parameter to true, so that the EA closes trades at the end of the day.

Working timeframe - H1.

Monitoring: https://www.mql5.com/en/signals/232939

The EA trades on 10 currency pairs with GMT0 in the settings according to the list:

  • EURUSD – 11:45,
  • USDJPU – 01:45,
  • GBP/USD – 11:45,
  • USD/CHF – 02:45,
  • AUD/USD – 17:45,
  • USD/CAD – 15:45,
  • NZD/USD – 18:45,
  • EUR/GBP – 10:45,
  • AUDCHF – 03:45,
  • GBRJPY – 10:45


The Main EA Parameters

  • Start_Hour - the EA operation start time (hours)
  • Start_Minuts - the EA operation start time (minutes)
  • Use_TimeCloseAll - enable closing all orders at the end of the day (true/false)
  • TimeCloseAll - time to close all orders
  • Stop_BE - breakeven level
  • TrailingStop – enable trailing stop (if 0 – disabled)
  • TrailingStep - trailing step
  • REPEAT - open new orders on the currency pair if there are other opened orders.
  • Trade_Orders - number of simultaneously opened orders
  • Max_Orders - maximum number of simultaneously opened orders
  • TakeProfit - take profit (5-digit points)
  • StopLoss - stop loss (5-digit points)
  • Lots - Lot size to enter a trade
  • MAGIC - magic number (should be specified for each instance of the EA on the account individually)


Recommendations

  1. Lot size – 0.1 per 1000 USD (when using 10 currency pairs, 0.01 Lot per pair)
  2. Use VPS hosting
  3. The smaller the broker spread, the better.
theonly
36
2016.11.30 19:55 
 

Торгует в +. Стоимость аренды окупил. Посмотрим на что он способен.

Pravettoni
452
2016.11.30 17:09 
 

it's not true that entry trade are on trend direction. simply are open at time insert on config file. do you set 17:42? and order is place at this time hour. useless crap: deleted after 5 minuts

tiramis
146
2016.11.29 22:38 
 

Nice!