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Louisiana

This software will give you the possibility to preset your management strategy (both in live markets and in strategy tester).


You will have at your disposal 8 operative buttons.

4 for Buy positions (from left to right):

  1. Buy at market.
  2. Buy limit.
  3. Buy stop.
  4. Set buying time.

4 for Sell positions:

  1. Sell at market.
  2. Sell limit.
  3. Sell stop.
  4. Set selling time.


After you have decided one of the 4 options you can easily preset:

  • Lot size.
  • Stop loss, both in points and average volatility (D1 timeframe).
  • Take profit, both in points and average volatility (D1 timeframe).
  • Trailing stop, both in points and average volatility (D1 timeframe).
  • Break even stop, both in points and average volatility (D1 timeframe).
  • Eventually partially closing the order at a certain price preset by yourself.


Up to the left you can find economic calendar button. Clicking on it, Louisiana will show the weekly economic calendar, with:

  • Date & hour.
  • Currency.
  • Impact.
  • Forecast.
  • Precedent.


To let Louisiana show you the economic calendar you have to allow web request, basic prerequisite, to this website: https://minerva.management.

To do this, you have to click on Tools/Options/Expert Advisors, check "Allow WebRequest for listed URL", double click on Add new URL and set there the link above.


Parameters

  • Magic Buy: Set magic number for buy orders.
  • Magic Sell: Set magic number for sell orders.
  • Slippage: Set slippage.
  • Louisiana Background Color: Set background color.
  • Louisiana Front Color: Set front color.
  • Buy Orders Color: Set your favourite color for buy orders.
  • Sell Orders Color: Set your favourite color for sell orders.
  • Louisiana Language: Set your favourite language for your assistant: English, Italian and Spanish.


Setup

This panel is an EA. So you have to install it in your MQL4/Experts folder.

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