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Shape EA

Shape EA does not use indicators. It trades the strategy based on the breakout of support and resistance levels.

The EA logic: first, it defines the market movement direction, then it calculates support/resistance levels passing them through the filter. If all is well, it sets a pending order for a level breakthrough, a stop loss is placed below the support level, while take profit is calculated based on the current market conditions. If a new support line is formed closer to the order Open level, a stop loss is moved to it. When the price is positive, a trailing stop by the last bars in enabled moving the stop loss. As a result, the order is closed either by a stop loss or by a take profit.

The EA does NOT use: arbitrage, hedging, martingale, grid strategies, etc.

The EA features a built-in filter of signals and an adaptive trailing stop.

The filter divides the data into a certain number of sections and determines where the current price is located. This affects a trading decision.

The EA always uses Stop Loss and Take Profit to protect the deposit.


Requirements

  • Shape EA is optimized to run on GBPUSD, EURUSD, USDJPY, AUDUSD, USDCAD, USDCHF;
  • Timeframe: H1;
  • Minimum deposit: $100;
  • Account type: ECN.
The default settings are meant for GBPUSD H1.


Parameters

  • MagicNumber - identifier of the EA's orders;
  • CommentEA - EA orders comment;
  • MoneyManagement - money management type (true - lot size from the current balance, false - fixed lot);
    • MaxRisk - used deposit percentage (if MoneyManagement = true, from 1 to 100);
    • FixLots - fixed lot (used if MoneyManagement = false);
  • Indent - indent from the support and resistance levels (in points from 0);
  • BarsLeft - number of bars to the left for calculation (from 2 to 100);
  • BarsRight - number of bars to the right for calculation (from 2 to 100);
  • TrendBar - number of bars for calculating a trend direction;
  • CoefficientTP - factor to determine a take profit (in % min 0.2, max 4);
  • BarsTrailStop - number of bars used to define the Stop Loss level (from 1).


Morard Kevin
469
2018.04.23 17:28 
 

Un premier avis trop rapide. Quelques pertes au début très vite rattrapées, EA avec un très gros potentiel, la patience paie