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Snatch OUT

Good old strategy: measure the price range at a certain time, place pending orders at the edges and wait for a breakdown. In the classical interpretation, this strategy will at best work to 0, but I managed to bring it to the profitable zone with the help of some tools and original details. And this is not what you would think: 

No martingale, grid or arbitrage. 

Trades always use stop loss.

I do not promise the mountains of gold, which in testers issue top advisors according to mql5.com. Moreover, several consecutive months can be closed in a minus (since 2012, the maximum has been 4 months in a row)but in the long run, mathematics is on your side. Open a PAMM-account and earn money, create a signal and earn money - the robot will become your reliable friend in any market situation. 

Currently, the strategy is configured for 2 currency pairs:

1. EUR/USD, M30 time frame, Alpari broker, GMT+2. Seth is here in the "Discussion" section.

2. EUR/JPY, M30 time frame, Alpari broker, GMT+2. Seth is here in the "Discussion" section.


For other currency pairs, individual settings are needed. 

If you need help installing an advisor or VPS - contact me, I will help.


Settings

Analytics

  • Bars - the number of bars for analysis
  • Min range -  the minimum allowed size of the range in points
  • Max range - the maximum allowed size of the range in points

Trading

  • Time, hours - hour for placing pending orders
  • Time, minute - minute of placing pending orders
  • TakeProfit - in points
  • StopLoss - in points
  • Indent from edge - Pending order indent from the edges of the range
  • Delete oppisite order - if true, when one of the pending orders is triggered, the opposite order will be deleted, if false, then there will be no deletion.

MoneyManagment

  • Selection MM - to choose: either a fixed lot or dynamic.
  • Fixed -  fixed lot size per trade
  • Dynamic,percent of risk, % - amount of risk as a percentage of the deposit on the basis of which the lot will be calculated

TrailingStop

  • Off\on - enable / disable trailing stop, true\false
  • Min Profit - minimum profit in points at which a trailing stop is triggered.
  • Level BE - that profit level in points, who is transferred stop-loss at the first operation

Other

  • Slippage - slip
  • Magic - advisor's individual number


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Version 1.2 2018.12.11
Settings have become more flexible
Version 1.1 2018.12.06
Fixed some calculation inaccuracies.