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Boxer Plus

Monitoring: https://www.mql5.com/en/signals/author/yarkan


Features

  • Works only with Hedge accounts
  • Does not use Take Profit, fixed Stop Loss
  • Applies trailing stop
  • Trades from overbought/oversold levels (uses WPR)
  • Analyzes each market tick (select "Every tick based on real ticks" mode when testing)
  • All positions are closed only by Trailing Stop


Recommendations

  • Deposit: $500 or more (the larger, the better)
  • Symbol: EURUSD (with five-digit quotes)
  • Timeframe: M1


Parameters

  • Period - WPR indicator period (number of bars to determine overbought/oversold levels)
  • Risk - ratio for automatic calculation of position volume
  • RiskMode - calculation mode: Balance - use an account balance; Equity - use an equity; FreeMargin - use a free margin
  • TrailingStart - profit in points to activate a trailing stop
  • TrailingStop - trailing stop distance
  • LockDrawdown - partial closing of the first position (opened before all the rest ones) using profitable trades. Activated if the ((Balance-Equity)*100/Balance) drawdown exceeds the LockDrawdown value
  • TradeStartHour - position opening start hour (server time)
  • TradeStopHour - position opening end hour (server time)
  • MagicNumber - number for the EA to recognize its own positions
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Version 1.2 2018.09.02
Added parameter StopLoss - the distance at which the loss is fixed