Market / MetaTrader 4 / Experts /

Orion EA

Demo downloaded: 256

Published: 13 February 2019

Current version: 1.0

Orion EA

Experts
Ertac Hassan
Ertac Hassan
United Kingdom

1898
3 (4)
- www.wolfeforex.com
Instagram: wolfeforex
In order to reduce slippage It is important you use ONLY True ECN Account with tight spreads.
IC Markets: https://icmarkets.com/?camp=23292

4 products 12 comments
Version: 1.0
Activations: 5

Orion EA uses indicators to enter and exit orders. Giving you the choice of times to open orders. Orion EA works on both 4 and 5-digit quotes. This EA gives you the option of max spread which prevent EA from opening order during high spread. When a opposite signal appears: if there is an open order in profit, then the EA closes it; if the open order is in loss, the EA opens opposite orders. The EA has a Overlap Order option, this gives it the ability to use percentage of profit from the last order to reduces losses. News filter option allows Orion EA to receive a continuous feed from new agent. News filter will stop trades from opening during impact news. Orion EA also has a auto lot which allows EA to increase the lot size according to the amount of balance.

Input parameters

Before a high importance news - Time which to stop the EA before high impact news in minutes.
After a high importance news - Time which to stop the EA after high impact news in minutes.
Before a medium importance news - Time which to stop the EA before medium impact news in minutes.
After a medium importance news - Time which to stop the EA after medium impact news in minutes.
Starts Lots - initial lot size.
Lot Multiplier - lot multiplier for the second and subsequent orders.
Max Lot - Maximum lot size.
Max. Locked Orders - Maximum number of locking orders.
Grid Step - Minimum distance between orders after the end of locking orders.
Take Profit, (points) - Take profit in points.
Stop Loss, (points) - Stop loss in points from the initial order.
Trail Start, (points) - Trailing start point.
Trail Distance, (points) - Trailing stop distance.
Overlap Order - Enable/Disable recovering loss-making orders by the last one.
Overlap order number - The point from which the EA will start overlapping.
Overlap percent - The percentage of profit from the last order.
Distance - The distance between each order.
Start Time - The time the EA will start working (broker server time).
Stop Time - The time the EA will stop opening new orders.
Magic - Unique EA magic number.
Enable Max Spread - Enable/ Disable.
Max spread – Maximum spread, at which the EA is allowed to open and close positions
Autolot - enable/disable auto lot calculation.
Autolot size - amount of the deposit, on which Lot is to be used when Auto lot is enabled.

To enable news filter, tick the open Tools > Options > Expert Advisors. Tick allow WebRequests for listed URL > Add the following: "http://ec.forexprostools.com" and "http://www.worldtimeserver.com" then press OK.

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Orion EA

Ertac Hassan