• Overview
  • Reviews
  • Comments (3)
  • What's new

AI Smart Lot Size Robot

This Expert Advisor works best with the updated set files provided in the comments area.

Download these set files in comment #3 at this link: https://www.mql5.com/en/market/product/27017#!tab=comments&comment=6771954

This EA will open trades based on the MetaTrader stochastic indicator and manage trades with our smart compounding incremental money management system.

  • Default Strategy EURUSD H1 (Opens on Stochastic Cross)
  • Tested from Jan 2015 to Dec 2017

The incremental money management system will automatically adjust your lot size according to how much balance you have.

  • Example: $200 balance will adjust your lot size to be .01
  • Example: $400 balance will adjust your lot size to be .02
  • Example: $600 balance will adjust your lot size to be .03
  • Example: $800 balance will adjust your lot size to be .04
  • Example: $1000 balance will adjust your lot size to be .05


EA Inputs

MAIN EA SETTINGS

  • Magic Number
  • Lot
  • Place orders if under the Max spread(in points)
  • Maximum price slippage for buy or sell orders
  • Attempts to resend order if error
  • Attempts to close order if error

STRATEGIES

Smart money management system

(Example:Balance $200=Lot .01 Balance $400=Lot .02)

  • Risk Management On/Off
  • Incremental Balance Amount
  • Incremental Lot Size to Balance Increment
  • Trailing maximum drawdown of balance
  • (Example: 70% will trail maximum drawdown of 30%)
  • Maintain X% of Highest Equity
  • Stop trading when balance is down to X$
  • If trading account gets down to X$ it stops trading
  • Invert trades settings - inverts all trade signals

OPEN TRADES SECTION

Stochastic open trades settings

  • Open on Stochastic cross on/off
  • on/off Top level line(Open Trade) - Top level line cross down Sell
  • on/off Bottom level line(Open Trade) - Bottom level line cross up Buy
  • K Period
  • D Period
  • Final smoothing
  • Averaging method
  • Wait X candles to open or 0 to open immediately

1st Stochastic close trade settings
(Same K and Slowing as Open Trades Settings)

  • Top level line closes Buys
  • Bottom level line closes Sells

2nd Stochastic close trade settings
(New K and Slowing Settings to Close Trades)

  • Top level line closes Buys
  • Bottom level line closes Sells
  • K Period
  • D Period
  • Final smoothing
  • Averaging method
  • Wait X candles to open or 0 to open immediately

TAKE PROFIT AND SL SECTION

  • Take profit settings
  • Take profit(pips value) if 0 disable
  • Stop loss settings
  • Stop loss(pips value) if 0 disable
  • Trailing stop settings
  • Trailing start(if 0 disable)
  • Trailing stop
  • Trailing step
  • Break even settings
  • After X pips in profit move SL to break-even(if 0 disable)
  • Lock in X pips for break even
  • Candle trailing stop settings
  • On/Off
  • TrailingStop candle

FILTERING TRADES SECTION

Day of week filter section

  • Day of week filter On/Off
  • Close trade at the stop time
  • Daily start time
  • Monday
  • Tuesday
  • Wednesday
  • Thursday
  • Friday
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Version 1.1 2018.01.12
- Brand new secondary Stochastic close settings. This will allow trades to be opened with one Stochastic setting and a different setting to close trades.