I Robot Intellect
iRobot Intellect automatically performs trading in МetaТrader 4 terminal. The Expert Advisor strives to conduct accurate market entries, though the number of performed deals per day is low. That leads to a small drawdown allowing traders to increase the lot size at their discretion. The Expert Advisor's feature is performing technical analysis on four timeframes. The trading robot's algorithm contains price and risk analysis blocks decreasing the load on the deposit in some moments of trading. The Expert Advisor opens BUY and SELL deals.
The signal algorithm is based on several modifications of a few Stochastics performing technical analysis of four selected timeframes (from M5 to D1) simultaneously. All Stochastics settings are implemented as external parameters. You can set different Stochastic parameters for each timeframe.
The maximum lot Blocker is provided to reduce the risks. You can set a certain maximum lot size. There is also the martingale Blocker - when the drawdown exceeds a certain percentage value of the deposit, opening of martingale orders is automatically slowed down. When the drawdown level is decreased, the martingale block starts its operation automatically.
The algorithm contains the averager of deals for the selected currency pair allowing traders to close deals with profit.
1. Indicators for filtering signals: Parabolic_Sar, Moving Average.
2. Added automated modification of Step-Orders parameter which depends on drawdown and number of trades in the series.
3. Added specification of certain number of trades (Orders_trailing) to track by moving stop loss (TrailingStop).
4. Added trading by weekdays and selected sessions of a trading day.