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Cyclone Intraday MT4

  • Use on EURUSD
  • Use on M5
  • Intraday trading.
  • Analise the price movements on the H1 timeframe (TF) (This allows to trade even in the absence of a global price trend).
  • Analyzes 2 or 3 timeframes.
  • On each TF, the EA analyzes the relative position of the price and moving averages (MA) (one or two on each TF).
  • The operation algorithm is shown in the screenshot
  • Sets is in Comments


Advantages

  1. The EA can be easily optimized for any instrument at any moment.
  2. Flexible customization specifically to your needs by optimization.
  3. Does not use high-risk money management strategies, such as Martingale, etc.
  4. Minimum deposit is 200 USD at risk of 1 cent per 1 point
  5. Full support from the developers

Parameters

  1. GENERAL PARAMETERS
    • close_orders_on_weekend – closes the trade on Friday close_orders_on_weekend_minute minutes before 0:00
    • MM_invisible – true – virtual MM. Old levels are not stored when restarting the EA
    • SLIPPAGE – Slippage
    • Size_of_lot – Fix_lot trades are opened with a fixed lot specified in the lots__ parameter. Smart_lot_by_risk volume is calculated dynamically, max_risk – maximum risk. When the capital decreases, the volume is not decreased
    • magic_number – magic number
  2. MONEY MANAGMENT PARAMETERS
    • trailing – type of StopLoss (see full description)
      1. Classic_SL – "SL_" parameter
      2. Trailing_SL - "SL_" and "TRSL_" parameters
      3. Breakeven_SL - "SL_" and "TRSL_1" parameters
      4. Trailing_SL_by_jumps - "SL_", "TRSL_1", "TRSL_2", "TRSL_3" parameters
    • TP_ – TakeProfit
  3. MAIN PARAMETERS
    • MA_tf – TF, it is recommended to set the TF in ascending order
    • MA_ma_period – МА period
    • MA_ang – minimum inclination angle of MA
    • MA_percent – maximum % of distance between the price and MA
    • MA_opp_deal_open – if true, when the price moves away from the first MA more than MA_1_opp_deal_percent percents, a signal will be generated in the direction of return towards the first MA
    • MA_opp_deal_percent – minimum % of distance between the price and MA to generate a signal to return to the first MA
    • MA_second_ma_use – if true, enables the second MA on this TF, its operation algorithm is identical to that of the first one. The parameters are identical and have the prefix "second_ma"
    • The same parameters are available for the remaining 2 TF.
  4. SYSTEM PARAMETERS
    • quant_bars_for_scale – the number of candles in history to scan the market
    • num_bar_angle_last – the number of bars between which the angle is measured.
    • all_ma_method – MA calculation method
    • all_ma_price – price type to calculate the МА
    • CUSTOM_MAX_trades_per_month – the minimum number of trades the robot must perform in a month during optimization


Optimization method

It is recommended to perform optimization once every 2-3 months, on the interval from 16 to 24 months.

Use the parameters from the MAIN PARAMETERS and MONEY MANAGMENT PARAMETERS groups for optimization, selecting 2 or 3 TF. 

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Main: Not martingale, not a grid; Working on all symbols; Use on EURUSD Use on M5 Signals: There is a good rational algorithm. Work of two indicators: Bollinger Bands and Moving Average (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles,
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Version 4.0 2020.08.02
Changed algorithm
Version 2.0 2018.02.28
Fixed errors