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Whistler

Whistler EA

 

Whistler is a fully automated Expert Advisor, that trades the 24 hours a day in the forex market. The expert builds a clever grid of warrants, "collecting" all market movements. It does not require signals from indicators and does not depend on them. Indicator for the advisor is the market itself - the movement and direction of the price.
Moving for the price, the adviser extracts the maximum profit, being guided by the basic principles of the market: a trend, a rollback and a flat.

Wistler is designed for automated trading on the FOREX market.


Advantages

  • Good testing results on data from the year of 2000
  • Low trading drawdown
  • Ready for operation without pre-setting
  • Easy to use - the EA was created for automatic trading, minimum settings
  • Always uses Stop loss and Take profit
  • Minimum initial deposit starts from 100$
  • Autodetection of lot size
  • Selectable risk level
  • Works around the clock
  • No need to disable the robot during weekends and holidays
  • No need to disable the robot during news releases
  • Fully automated trading
  • ECN account is recommended


Settings

  • TimeFrame - timeframe of the opening price
  • Distance - distance of placing orders (in pips)
  • TakeProfit - take-profit (in pips)
  • StopLoss - stop-loss of the first order (in points)
  • StopLoss2 - toplosses of the remaining orders in the grid (in points)
  • FixedLots - fixed lot size (disabled if FixedLots = 0. Default is off)
  • Lot1 - lot of the first order in % of free funds (by default - on). Disabled, If FixedLots>0 
  • Lot2 - the rest of the grid orders in % of the free funds (should be less than Lot1 several times). Disabled, If FixedLots>0 
  • MaxLot1 - maximum lot for the first order
  • MaxLot2 - The maximum lot for the remaining orders in the grid
  • TrailingStop - trailing stop
  • TrailingStep - trailing step (in points)
  • BU - break-even (0 - off, default - off)
  • ProfitBU - level of break-even in points
  • MinProfit - the minimum profit of modifying the trailing in points
  • Grid - the minimum profit in points at which it is permitted to open additional grid orders (0 - off)
  • TFClose - timeframe of the closing bar (0 - off)
  • CloseCounter - closing of counter orders subject to a general profit (with the deletion of pending orders)
  • MagicNumber - unique ID to use the EA along with other EAs


Requirements

  • Trading pairs: EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF, USDJPY, NZDUSD
  • Recommended pairs: all majors
  • Timeframes: M1, M5, M15, M30, H1, H4, D1, W1, MN
  • Platform: MetaTrader 4
  • Working time: 24/7


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