• Overview
  • Reviews
  • Comments (11)

The trawl net

Operation principles

The Expert Advisor works on any timeframe and symbol. The robot analyzes the relative position and slope angle of three MAs of their periods set in the settings. Also, the settings allow you to set a timeframe to be used to calculate an MA position.

An order is opened when the necessary conditions appear. If the price moves in favorable direction, the order is closed when reaching Set_CloseProfit. If the price moves in the opposite direction, the next order of the same type is opened at the Set_Orders_Step distance with the volume equal to the previous order's one multiplied by the Set_Lots_Multiplier ratio. If the price resumes moving in the opposite direction, orders are opened till Set_Orders_Amount is reached. If the price direction changes afterwards, all orders are closed with profit based on the estimated total profit. The profit volume for triggering a close signal is regulated by the Set_Coef_Close_Profit ratio. All the above parameters are customizable.


Parameters

  • Set_Lots – lot volume of the first order in a series. The recommended value is more than 0.04.
  • Set_StopLoss_Base – distance to the first order stop loss, in points. The recommended value is more than 1500 (in case of a five-digit quote in the 1.00001 format).
  • Set_TrailingStop_Base – distance in points, at which a stop loss is moved.
  • Set_CloseProfit – profit in money, at which the first order of a series is closed.
  • Set_Lots_Multiplier – multiplier applied when opening orders of a series.
  • Set_Orders_Amount – number of orders in a series.
  • Set_Orders_Step – distance between orders of a series, in points. The smaller the distance, the greater profitability. The greater the distance, the better reliability. The recommended value is from 15 to 70 points (in case of a five-digit quote in the 1.00001 format).
  • Period_MA_large – slow МА period. The recommended value is 150.
  • Period_MA_medium – medium speed МА period. The recommended value is 14.
  • Period_MA_small – fast МА period. Recommended – 5.
  • Set_Delta_Small – fast МА slope ratio. The recommended value is from 10 to 40 (in case of a five-digit quote in the 1.00001 format).
  • Set_Delta_Medium – medium speed МА slope ratio. The recommended value is from 5 to 20 (in case of a five-digit quote in the 1.00001 format).
  • Set_Hour_5 – hour, after which no first orders are opened on Friday. The recommended value is 13.
  • Set_Hour_1 – hour, during which no first orders are opened on Monday after a trading session start. The recommended value is 4.
  • Set_StartOFF_Hour_1 – first period start hour, during which no first orders are opened, while all opened ones are closed when reaching a separately specified profit.
  • Set_StopOFF_Hour_1 – first period end hour, during which no first orders are opened.
  • Set_StartOFF_Hour_2 – second period start hour, during which no first orders are opened.
  • Set_StopOFF_Hour_2 – second period end hour, during which no first orders are opened.
  • Set_Time_Frame_Minut - timeframe used to calculate МА in minutes. The recommended value is 5.
  • Set_Coef_Close_Profit - ratio for calculating the total profit, at which a signal for closing all orders is triggered.
  • Set_Max_Spread - spread in points, after exceeding which no first orders are opened.
  • Set_Blok_Min_Stop - MODE_STOPLEVEL in points, after exceeding which no first orders are opened.
  • Set_Profit_Reboot - total profit in money, at which a series of orders is closed when falling into time periods when trading is disabled, as well as after failures and unexpected PC reboots. The recommended value is 1.
No reviews