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AI Synthesis EA Free

Demo version of the smart multicurrency AI Synthesis EA. It uses the signals of the Larry Williams' Percent Range leading indicator and the Average True Range volatility indicator to demonstrate the operation of the EA in miniature.

Instructions on configuration of "AI Synthesis EA Free" can be found in my blog. The EA operation signals on demo and real accounts can be found and evaluated in my profile or in MQL4 Signals.

Operation Description

The "AI_Syntesis_EA Free" uses the signals of the Larry Williams' Percent Range leading indicator to place orders (the main version of AI Synthesis EA includes two more indicators - Moving Averages Convergence/Divergence and Stochastic Oscillator, which also form the main or additional filters in conjunction with Larry Williams' Percent Range, apart from the main trade signals). In the demo version, the capability of continuous self-analysis of trade history is also disabled, which leads to a significant decrease in profits and the ability to make smart logical decisions on placement of orders, both by time and lot size. The lot size is also limited to a value close the to minimum value allowed by the broker. To configure the EA, perform a correction of the indicator parameters for the currency pair on a specific timeframe in the tester (the "AI_Syntesis_EA Free" EA is not designed for multicurrency trading, this ability is provided in the AI Synthesis EA). In the demo version, the automatic detection of the number of running EA instances (with multicurrency trading) is disabled. Therefore, the funds are not automatically distributed among the EA instances. Consequently, there is no optimal calculation of the lot size depending on the equity allocated for the EA, allowed drawdown, trade history. But using the signals of the volatility indicator ATR and Fibonacci numbers, the ЕА calculates the Take Profit value, as well as TrailingStop, which is activated only after the criterion of profitability of a trade is discovered. The demo version retains the advantage of the AI Synthesis EA — the ability to hide Virtual Stop Loss as a percentage of the allowable drawdown per trade set in PercentLossOrder, which prevents unscrupulous brokers from identifying its location on the chart and whipsawing it with volatility spikes.

The whole picture of the expert's actions and the main parameters for its operation are shown in the deposit currency on a convenient panel (see the screenshot), which can be opened or closed using the Enable basic options button in the bottom right corner.

Risk Manager controls the number of the account it is attached to (see the screenshot). The EA does not work on accounts other than the one specified in NumberAccount.

Input parameters

  • NumberAccount - numerical value of the account number;
  • PercentLossOrder - allowable loss percentage (drawdown) per deal;
  • Kperiod - (disabled in the demo version) the number of unit periods of the Stochastic Oscillator (1-100 bars);
  • Dperiod - (disabled in the demo version) the number of unit periods used in calculation of the moving average %K of the Stochastic Oscillator (1-100 bars);
  • AtrPeriod - averaging period for calculation of the Average True Range indicator (1-100 bars);
  • WPRPeriod - averaging period for calculation of the Larry Williams' Percent Range indicator (1-100 bars);
  • FastEmaPeriod - (disabled in the demo version) averaging period for calculation of the fast moving averaging of the Moving Averages Convergence/Divergence indicator (1-100 bars);
  • SlowEmaPeriod -(disabled in the demo version) averaging period for calculation of the slow moving averaging of the Moving Averages Convergence/Divergence indicator (1-100 bars);
  • SignalPeriod - (disabled in the demo version) averaging period for calculation of the signal line of the Moving Averages Convergence/Divergence indicator (1-100 bars);
  • MagicNumber - (disabled in the demo version) integer constant used to identify orders.
Matthew Todorovski
13499
Matthew Todorovski 2018.06.25 07:43 
 

1 Star (20%) = Bad

2 Stars (40%) = Undecided (still testing)

3 Stars (60%) = Okay

4 Stars (80%) = Good

5 Stars (100%) = Excellente!