KISS is an acronym for "Keep it simple, stupid" as a design principle that most systems work best if they are kept simple rather than made complicated.
This expert is the result of simplifying at maximum level the algorithms of the others SFE 'price action' based experts, with the goal of approach more the expectation offered in the backtest with the performance in forward.
The use of the expert is very simple, and needs very low computer resources.
Pairs and timeframes
The pairs recommended are in the Pair_List parameter, and the these pairs in the different timeframes are handled using only one M5 chart
ORDER SIZE PARAMETERS
Fixed Order Size (mode 1). Order size in lots. Used if the parameter 'Balance for each 0.01 Lots' is zero.
Autolot (mode 2). Balance for each 0.01 Lots. If you set here a value > 0, for example 1000, the size of the trade will be 0.01 lots for every 1000 of free margin.
Autolot (mode 3). Percentage risk/trade. Risk assumed in each position
Autolot. Balance percentage to consider. Define the percentage of your account balance to assign (0-200.0).
Autolot. Min. Virtual Balance. Balance used if is below this value)
SELECTED PAIRS PARAMETERS
Symbol List. The list of pairs to trade. You must use the semicolon character (;) to separate the pairs selected.
Order Comment. Define the value of the order comment. Special key words: #magic
- All the pairs and timeframes are handled using only one M5 chart
- split of pair list parameter in the different timeframes
- control of the open orders (parameter track orders)