The Expert Advisor for trading AUD/USD M5. It is based on the strategy of microtrend detection, market entry (and exit) points are calculated based on the correlation of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter).
It uses an efficient trailing, which automatically adjusts the takeprofit and stoploss parameter to receive additional profit and minimize the losses. The product works both on 4 and 5-digit quotes. The news filter allows suspending trading during news releases for more reliability and security.
- StopAfterNews - pause trading after a news release in minutes.
- StopBeforeNews - pause trading before a news release in minutes.
- LightNewsEnabke - pause at insignificant news.
- MediumNewsEnable - pause at moderately important news.
- HardNewsEnable - pause at important news.
- GMT_Offset - your broker's time zone.
- NewsCurrency - list of currencies (comma-separated), for which the news are received.
- NewsLines - display news time on a chart as lines.
- TakeprofitS - take profit for sell orders.
- StoplossS - stop loss for sell orders.
- TakeprofitL - take profit for buy orders.
- StoplossL - stop loss for buy orders.
- FixedLot - fixed lot size.
- AutoMM - risk limit (as a percentage).
- MaxSpread - maximum spread, above which the trading will be suspended.
- MagicNumber - any unique number that distinguishes this EA.