Directional Movement

Expert Advisor Overview and Advantages

  • The strategy is based on the support and resistance breakout principle;
  • The EA uses only Buy orders.
  • The EA always uses Take Profit and Stop Loss.
  • Multicurrency trading is supported.
  • Easy of use.
  • Wide choice of suitable currency pairs;
  • Minimum initial deposit.


Operation Principle

  • Based on the data of two indicators (the first is RSI with a period of 14, the second one is custom built-in indicator), the EA opens a buy order and sets the Take Profit and Stop Loss levels. They are never modified and remain in one place.
  • Orders are closed by the Take Profit and Stop Loss levels.
  • No more than one Buy order can be opened for each pair the EA is running on.


Recommendations

  • To start trading, drag the Expert Advisor onto the chart with recommended settings;
  • I recommend using the multicurrency trading option by launching the EA on required currency pairs, setting a new value to the Magic parameter for each pair.


Input parameters

  • Lot - the volume of market orders.
  • TakeProfit - the Take Profit value in chart points.
  • StopLoss - the Stop Loss value in chart points.
  • Magic - market order magic number.


Recommended values of parameters

  • Lot = 0.01;
  • TakeProfit = 0.002;
  • StopLoss = 0.002;
  • Magic = 1.
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The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
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Fanur Galamov
4.79 (61)
Experts
Festive sale -40% is active! Enjoy :) Happy New Year and Marry Christmas !   Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread prote
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