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SPD HighLow Pro

The Expert Advisor is based on technical analysis of high-low candlesticks.

This technique can be used to trade volatility in all trading periods and swing trading.

The EA compares today's bar with yesterday's one. If today's high is higher than yesterday's high and today's low is higher than yesterday's low, that indicates a buy signal. But on the other hand, it is a sell signal.

This system is used to add Average to range (ATR), Standard deviation (STD), and Average daily range (ADR) to filter trading signals. These functions are used to calculate the area of ​​loss recovery with two methods, dynamic and fixed.


Key Features

  • This Expert Advisor works in any pair and timeframe. Recommended for M15
  • This system uses the recovery zone algorithm
  • Use dynamic or fixed pending orders
  • Initial deposit $1000+ {minimum Lots = 0.01}
  • Use only five-digit accounts
  • Using real tick data in backtest with 99.9% modelling quality
  • Recommended to use a low spread ECN broker


Parameters

  • MagicNumber - magic number to set the ID for each EA.
  • Lots - initial lot size
  • UseLotsize - set as Auto_Lots or Fixed_Lots
  • Multiplier - previous lot size will multiplied
  • Risk - set the percentage of risk
  • Slippage - slippage size
  • Auto_Trade - set as default
  • UseRecoveryGap - set as Dynamic_Gap or Fixed_Gap
    • Gap - recovery zone, pips
  • UseDynamicMethod - set as ATR, STD or ADR method
    • ATR - average true range
    • STD - standard deviation
    • ADR - average daily range
      • AtrPeriod - ATR averaging period
      • StdPeriod - STD averaging period
      • AdrPeriod - ADR averaging period
      • F_Gap - gap factor
  • UseBreakeven - set as true or false
    • BE_FIXED - “BE_FIXED=200” simply means that this EA will move your stop loss to breakeven once 200 points of profit have been achieved
  • Drawdown Percent Settings
    • ClosePending - set as true or false
    • DDPercent - set the percentage to cut off the loss, % of drawdown
    • MaxSlippage - max slippage size, pips
  • News Filter Function:
    • URL_News "http://ec.forexprostools.com/"
    • NewsSymbol - set true or false, true = download news for only currency on chart, false = download news for all currencies on chart
    • BrokerGMTOffset - your broker GMT offset
    • LowVolatilityNews - set true or false for Low Volatility News filter
    • ModerateVolatilityNews - set true or false for Moderate Volatility News filter
    • HighVolatilityNews - set true or false for High Volatility News filter
    • NonfarmPayrollsNews - set true or false for Nonfarm Payrolls News filter
    • StopBeforeLowNews - set minutes for Stop Before Low News
    • StopAfterLowNews - set minutes for Stop After Low News
    • StopBeforeModerateNews - set minutes for Stop Before Moderate News
    • StopAfterModerateNews - set minutes for Stop After Moderate News
    • StopBeforeHighNews - set minutes for Stop Before High News
    • StopAfterHighNews - set minutes for Stop After High News
    • StopBeforeNFPNews - set minutes for Stop Before Nonfarm Payrolls News
    • StopAfterNFPNews - set minutes for Stop After Nonfarm Payrolls News
    • CloseAllOrdersBeforeNews - set true or false for Close All Orders Before News
    • DrawNewsLines - set true or false for drawing the news lines
    • LowColor - set color for Low Volatility News filter
    • ModerateColor - set color for Moderate Volatility News filter
    • HighColor - set color for High Volatility News filter
  • Day Of Week Filter Function:
    • StartTradeTime - Set time to start trading
    • EndTradeTime - Set time to end trading
    • TradeFriday_Mode - Set ON/OFF for Friday trading
      • start_time - Start trading hour on Friday 
      • end_time - End trading hour on Friday
  • Background Settings - use default or change the background color.
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Version 2.1 2018.11.18
SPD HighLow Pro v2.1 Upgrade:
- Added a new parameter: TradeFriday_Mode - Set ON/OFF for Friday trading
- Added a new parameter: start_time - Start trading hour on Friday
- Added a new parameter: end_time - End trading hour on Friday
Improved time filter function:
- StartTradeTime - set time to start trading
- EndTradeTime - set time to end trading
Version 2.0 2018.03.14
SPD HighLow Pro v2.0 updates:
- News Filter Function:
-Added a new parameter: URL_News "http://ec.forexprostools.com/"
-Added a new parameter: NewsSymbol
-Added a new parameter: BrokerGMTOffset
-Added a new parameter: LowVolatilityNews
-Added a new parameter: ModerateVolatilityNews
-Added a new parameter: HighVolatilityNews
-Added a new parameter: NonfarmPayrollsNews
-Added a new parameter: StopBeforeLowNews
-Added a new parameter: StopAfterLowNews
-Added a new parameter: StopBeforeModerateNews
-Added a new parameter: StopAfterModerateNews
-Added a new parameter: StopBeforeHighNews
-Added a new parameter: StopAfterHighNews
-Added a new parameter: StopBeforeNFPNews
-Added a new parameter: StopAfterNFPNews
-Added a new parameter: CloseAllOrdersBeforeNews
-Added a new parameter: DrawNewsLines
-Added a new parameter: LowColor
-Added a new parameter: ModerateColor
-Added a new parameter: HighColor

- Day Of Week Filter Function:
-Added a new parameter: Monday
-Added a new parameter: Tuesday
-Added a new parameter: Wednesday
-Added a new parameter: Thursday
-Added a new parameter: Friday
-Added a new parameter: Saturday
-Added a new parameter: Sunday
-Added a new parameter: StartTradeTime
-Added a new parameter: EndTradeTime