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Hourglass

Logarithmic Network - cm-hourglass Expert Advisor

The Expert Advisor places orders with a decreasing lot and step in the direction of the trend and with an increasing lot and step in the counter-trend direction. It sets Take Profit for every direction to avoid breakeven of the entire series. The farthest order in the direction of the trend is closed with a farthest counter-order so as to get the positive total, thus pulling the entire network to the price without letting it expand.

Parameters

  • Lot - if equal to 0, the lot will be calculated as a percentage of free margin using risk %.
  • risk - percentage of free margin.
  • Takeprofit - Take Profit.
  • K_Takeprofit - ratio of Take Profit size increase depending on the imbalance of the lot sum. For example, if the sum of buy lots = 10, while the sum of sell lots = 5, the Take Profit value of the sell series is multiplied by 2, whereas the Take Profit value of the buy series is divided by 2.
  • ProfitClosePercent - percentage of profit on the deposit, whereby the entire network will be closed (disabled if 0).
  • CloseBy - to close the farthest order by the farthest counter-order.
  • Step_Trend - step for opening orders in the direction of the trend.
  • Step_CounterTrend - step for opening orders against the trend.
  • K_Step_Trend - coefficient of distance increase between averaging orders in the trend direction.
  • K_Step_CounterTrend - coefficient of distance increase between averaging orders against the trend.
  • K_Lot_Trend - coefficient of lot change in the direction of the trend.
  • K_Lot_CounterTrend - coefficient of lot change in the counter-trend direction.
  • MaxOrders_Trend - maximum number of orders in the direction of the trend.
  • MaxOrders_CounterTrend - maximum number of orders in the counter-trend direction.
  • slippage - permissible price slippage when placing orders.
  • Magic  - unique order number.
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