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MassEffects Multicurrency

500 USD

Demo downloaded: 228

Published: 10 January 2018

Current version: 1.1

MassEffects Multicurrency

Experts
Andrey Yaremchuk
Version: 1.1
Activations: 5

Monitoring: https://www.mql5.com/en/signals/author/yarkan

Features

no use of any indicators
Uses averaging with an increased lot
Open prices only (an EA that explicitly controls bar opening)
Trades Buy and Sell independently. In the EA parameters, you can set Buy, Sell or BuySell (for Hedge accounts)
Displays the trade information in the top left corner of the chart

Recommendations

Timeframe: M1
Leverage 1:500
Rebate to refund part of spread or commission

Parameters

Pairs - setting the pairs to trade
Lots - lot increase parameter
TargetProfit - target profit to close positions
TargetLoss - loss, in case of which a position with an increased lot will be opened
MaxDrawdown - if the drawdown (margin*100/balance) is greater than MaxDrawdown, the EA will not open positions with the initial lot
OffsetWinterGMT - broker's time zone (winter)
OffsetSummerGMT - broker's time zone (summer)

Explanation

All positions are closed if the total profit of all positions is equal to TargetProfit (decreases in proportion to the number of open positions)

If there are no open positions, a new position with the starting lot is opened at the beginning of a new bar

TargetLoss is increased in proportion to the number of open positions

If the loss of the first position (with the initial lot) is greater than TargetLoss, a new position opens with an increased lot

Example of setting the Pairs parameter: [USDCAD,0-8,BuySell][EURGBP,17-22,BuySell][AUDJPY,6-15,BuySell]

Testing was performed in "Every tick based on real ticks" mode

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Monitoring: https://www.mql5.com/en/signals/author/yarkan Features Does not use indicators Uses averaging with an increased lot Open prices only (an EA that explicitly controls bar opening) Trades Buy and Sell independently. In the EA parameters, you can set Buy, Sell or BuySell (for Hedge accounts) Recommendations Leverage 1:500 Timeframe: M1 Rebate to refund part of spread or commission Parameters Lots - lot increase parameter TargetProfit - target profit to close positions TargetLoss -

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Monitoring : https://www.mql5.com/en/signals/author/yarkan Peculiarities Based on correlation of two currency pairs (two or more currency pairs can be specified in the settings). Trades two pairs simultaneously (pair trading). Do not use indicators. Correctly works only with the major currency pairs (having USD). Open prices only (the EA explicitly controls bar opening). Displays the trade information in the left corner of the chart Recommendations Do not use cross currency pairs Timeframe:

500 USD

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