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Fix M15 mod

Fix M15 mod is a fully automated short-term trading robot.

The Expert Advisor does not use hedging, martingale, grid, arbitrage etc.

Fix M15 mod opens a trade during the Asian session in a narrow channel defined by several last M15 bars. The EA opens only one trade in one direction that can be closed by a certain TP, SL or after a certain time (if the function is enabled in the settings).

Basic EA settings are configured for trading USDCHF М15. The EA also shows positive dynamics on EURCHF, USDCAD and GBPAUD (TP12, SL35).

There is an increased risk on Monday morning. To reduce the drawdown, I do not recommend trading on Monday morning because of an extended spread.

The EA was tested on real accounts of different types. On a fixed account, select a pair with a spread of not more than three points, otherwise it will not open. On NDD and ECN accounts, select a broker with a minimum night-time spread.

Real account monitoring: https://www.mql5.com/en/signals/author/lexus100


Parameters

  • Debug - log prints
  • InfoChart - graphical objects
  • SpreadMax - maximum spread
  • Slippage - maximum slippage level
  • MagicNumber - magic number
  • CommentOrder - order comment
  • Risk - balance step
  • DefaultLot - lot volume per balance step
  • MaxLot - maximum lot
  • TakeProfit - take profit
  • StopLoss - stop loss
  • UseTrailing - enable/disable T-SL
  • TrailingStop - fixed trailing size
  • TrailingStep - trailing step
  • BoxTimeFrame - timeframe
  • PeriodBB - Bollinger Bands period
  • Indent - number of points the price moves beyond BB
  • BoxRange - BB channel width
  • MaxDailyRange - maximum number of daily bar points
  • Time_Close - close by time
  • Exit_Minutes - number of minutes the order is in the market
  • Time_Profit - profit, in points
  • TimeStart - trading start time
  • TimeStop - trading stop time
  • FilterTime - disable trading on Friday and Monday
  • StartHourMonday - time to begin trading on Monday
  • EndHourFriday - time to finish trading on Friday
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Version 1.2 2017.09.11
Optimized for the USDCHF pair in the current market conditions