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Shadow Omega

Shadow Omega is a Multi Currency Expert Advisor that developed based on 2 x 8 common candle patterns.

Each pair get signal from it's "friends" that work in background as shadows which is measured by signal strength. The more signal contributions from it's "friend", the greater the value and the less frequent the signal comes.

There are 23 ready-used pairs that can be selected to trade or not. Additional feature is Trailing Equity to lock account profit.

To use this EA, you should attach it on one chart only with any symbol and timeframe. This EA work on Hedging or Netting Account

For MT4 version here.

Since this strategy based on new bar to open position then you can use "Ope price only" on Strategy Tester to do backtesting or optimization process. The default input parameters use optimization result about 11 years since 2010 which use 23 pairs and Trailing Equity is not used.

Inputs

GENERAL INFO

  • Expert name - expert's name.
  • Expert version - version of this EA.
  • Expert developer - developer name.
  • Expert setup - explanation to attach this EA on a chart.

GENERAL SETTING

  • Time frame - default is H1.
  • Magic number - magic number.
  • Background color - color of background display
  • Title color - color of title display
  • Text color - color of text display

MONEY MANAGEMENT

  • Initial balance, if 0 using current balance - Initial balance.
  • Money management - use auto lots calculation.
  • Risk in percentage terms - risk based on account balance to calculate lots.
  • Volume in lots if money management false - fix lots if money management is set to false.
  • Use Trailing Equity - if true trailing equity will active, default is false
  • Trailing in - there are 3 options : Money, Points or Percents
  • Trailing start - start trailing equity in this value
  • Trailing width - trailing width

PAIR SETTINGS (Pair 1 - 23)

  • Trade 1 ... Trade 23 -  if true, this packet will trade
  • Signal Strength 1 ... Signal Strength 23 - signal strength
  • Close by signal 1 ... Close by signal 23 - if true, the position will be closed by signal
  • RR ratio 1 ... RR ratio 23 - Risk:Reward ratio
  • Reverse order 1 ... Reverse order 23 -  if true, open position in reverse order


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Rajkumar Palanisamy
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EA STFX BINARY TECHNOLOGIES EA STFX Binary Technologies is specifically designed for Binary MT5 products Volatility Index 75 and 100 The Expert Advisor can be used for Full Automatic and Semi Automated trading. EA STFX has various strategies such as: Day Trade, Averagging , Martingale, Anti Martingale and or combine the two Trading positions can be closed easily using panels such as close profit only, close buy, close sell, close all transactions The choice of indicators for position entries us
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Version 6.3 2022.06.15
Recompile
Version 6.2 2021.04.22
- Fixed Close Profit/Loss