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Fast turtle demo

The EA works in two modes:

If "Switch" = "1" the EA works with "Ichimoku" and local minimum\maximum price levels both and with "Fibonacci" and local minimum\maximum price levels both as breakout levels. If the price crosses the "Ichimoku" and local minimum\maximum price levels both from below or crosses the "Fibonacci" and local minimum\maximum price levels both upwards, then we will receive a buy signal. And vice versa for sell signal: if the price crosses the "Ichimoku" and local minimum\maximum price levels both from above or crosses the "Fibonacci" and local minimum\maximum price levels both downwards, then we will receive a sell signal.

If "Switch" = "0" the EA works with "Ichimoku" and local minimum\maximum price levels both and with "Fibonacci" and local minimum\maximum price levels both as support and resistance levels. If there is a price retracement up from "Ichimoku" and local minimum\maximum price levels both or from "Fibonacci" and local minimum\maximum price levels both, it is a buy signal. If there is a price retracement down from "Ichimoku" and local minimum\maximum price levels both or from "Fibonacci" and local minimum\maximum price levels both, it is a sell signal.

You can work with or without trailing stop:

If "TrailingStop" = 0, then the trailing stop loss will not work.

If "TrailingStop" = values from 10 to 100, then the trailing stop loss will work.

With the "TrailingStop" the stop loss price level will change its position at the value in pips you set.

The Expert Advisor works on four different time frames simultaneously.

The Expert Advisor is a multicurrency, multistock and multitimeframe (M1, M5, M15, M30, H1, H4, D1) Expert Advisor.

You have the option to send a mail notification to your email, so it will let you know about every trade.

This version has a built-in algorithm that calculates the price rate of change within the smaller and higher timeframe in relation to the timeframe which you work with.

This Expert Advisor works only with open\close price of every bar.


Parameters

  • Switch - When "Switch" = "1" breakout mode, When "Switch" = "0" retracement mode.
  • History - Amount of history bars for calculation, should be 10-50.
  • Period_MA_0 - Period of supporting MA for current timeframe, should be 1-50.
  • Period_MA_1 - Period of calculated MA, should be 1-50.
  • Bars_V - Amount of bars for calculating rate, should be 3-50.
  • Aver_Bars - Amount of bars for smoothing, should be 3-50.
  • K - Amplifier gain, should be 1-20.
  • DecreaseFactor - decrease from total margin if you lose a trade.
  • TrailingStop - set a value from 10 to 100 to activate trailing stop, "0" will not activate trailing stop.
  • StopLoss - value of stop loss level, should be 10-100.
  • TakeProfit - value of take profit level, should be 10-200.
  • MACD_Threshold - filtering ending trends, should be 70 - 95.
  • Mom_Sell - value of sell trigger level of "Momentum" indicator, should be 0.1 - 3.
  • Mom_buy - value of buy trigger level of "Momentum" indicator, should be 0.1 - 3.
  • Momlength - value of "Momentum" indicator.
  • Distance - step in pips between two Moving Averages, should be 10 - 50.
  • FastMA - value of fast "Moving Average" indicator, should be 1 - 15.
  • SlowMA - value of slow "Moving Average" indicator, should be 20 - 100.
  • MagicNumber - different number for each pair/stock window that you open simultaneously.
  • atr - not in use.
This demo EA is limited in variables that are predefined:
  • Lots - 0.01 is predefined. Not changeable and not visible. It is 1: 1,000,000 of the initial deposit. With a small initial deposit, the EA will use the minimum possible value of lot size.

  • MaximumRisk - maximum risk from total margin in %, should be 0.01 - 0.3. 0.001 is predefined. Not changeable and not visible.

Andrey Litvichenko
7612
2017.10.22 08:54 
 

User didn't leave any comment to the rating

Ali irwan
5195
2017.08.21 01:23 
 

User didn't leave any comment to the rating

Version 5.0 - 2018.03.14
The trailing stop loss did not work in sell orders. Now the error has been fixed, everything else is the same.
Version 4.0 - 2018.02.20
What's new:

New Trading strategy with parameter "Switch":
The EA works in two modes: breakout and retracement.

New "TrailingStop":
You can work with or without trailing stop.

New Parameters:
Switch.
History.
Period_MA_0.
Period_MA_1.
Bars_V.
Aver_Bars.
K.
TrailingStop - new values.
StopLoss - new values.
TakeProfit - new values.


atr - not in use.
This demo EA is limited in variables that are predefined:
***Lots***
***MaximumRisk ***
Version 2.0 - 2017.09.04
Initialized the default parameters. These are the best results of the backtest for one year back. They have been optimized. You can use them for at least one month forward without doing a backtest.