The MonsterLevel Expert Advisor does not use any indicators, it utilizes a strategy based on the breakout of support and resistance levels.
The Expert Advisor allows you to trade a fixed lot, as well as includes the money management unit for automatic lot calculation based on the preset risk per trade.
- The EA trades using pending orders.
- No martingale, grid and hedge.
- Equity protection using stop loss.
- Suitable for any size of the deposit.
- Currency pairs: EURUSD, GBPUSD, JPYUSD.
- Timeframe: M30,H1,H4.
- Minimum deposit: $50.
- Account type: Any.
- MagicNumber - ID of EA's orders.
- MM - if set to true, the lot size increases together with balance increase.
- MaxRisk - percent of deposit used, from 0.01 to 0.50 (used if "MM" = true).
- Lots - fixed lot (used if "MM" = false).
- BarCount - number of bars used for calculation
- Indent - indent from support and resistance levels.
- TakeProfit - take profit level.
- TralingStop - trailing stop level.
- SecondTrade - secondary signals.
- SecondBarCount - number of bars for the calculation of secondary signals (used if "SecondTrade" = true).
- SecondTakeProfit - take profit for secondary signals (used if "SecondTrade" = true).
- SecondTralingStop - trailing stop for secondary signals (used if "SecondTrade" = true).