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MFC5 Stoplevel

The MFC5 STL Expert Advisor analyzes the market over a specified period and sets pending orders. The system does not use indicators and is fully based on the price action analysis.

По It can use Martingale or hedging, if set by a trader. No complex setting and optimization. The EA is not impacted by news. The EA features the management system of negative and positive positions, which allows not using stop loss and take profit. This Expert Advisor is an advanced version of MFC StopLevels for MT4


Input Parameters

  • Trailing Start - position trailing start;
  • Trailing Step - step or distance, by which a stop loss is moved from the current price;
  • Lot - lot size (if Risk %% is 0);
  • Risk %% - percentage of the current deposit per trade (if 0, a lot specified by a trader is used);
  • Time Start - market analysis start time;
  • Time Stop - market analysis end time;
  • Time Live orders, hours - pending order's lifetime, hours;
  • Breakeven, pips - breakeven, points (position management system);
  • Type of pending orders - type of placed orders (STOP, LIMIT);
  • Calculation of - market analysis using CLOSE or HIGHLOW;
  • Martin - use of the Martingale system (false\true);
  • Addition - use of scale-in (additional orders) on netting accounts (false\true);
  • Netting - select account type (false\true)


Recommendations

Trading periods - H1, M30 and M15. You can use several EA instances on a single symbol. A VPS server is recommended for stable operation. You may trade manually since it does not affect the EA operation. See the account monitoring results. Contact me to receive *.set files. I will be happy to answer your questions!

The EA is suitable both for five- and four-digit quotes. To trade a fixed lot, optimize the EA every month. For better results, I recommend using limit orders on the М5 and М15 periods, while optimization should be performed on H1. Optimization of the Time Start, Time Stop and Calculation of parameters is usually enough.

Follow money management rules. The maximum acceptable risk for all currency pairs should not exceed 10% of the deposit.

In case of a long-term trading (3-12 months) on several currency pairs, set Risk %% to not more than 5%.

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