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Bouncy Cat EA

How it works:

Bouncy Cat EA is a momentum expert algorithm. The general theory, serving as the foundation for this EA, is that in a market trending downward, when momentum reverses , it will open buy trade. Meanwhile, in a market trending upward, when momentum reverses, it will open sell trade.

Recover a losing trade:

When a buy trade is losing, it will continue a recovery trade with the same condition of opening, as long as the price is below the Minimum Buy Distance. When a sell trade is losing, it will continue a recovery trade with the same condition of opening, as long as the price is above the Minimum Sell Distance.

Optimized Closing:

Open trades will only close if both order types are open and both are beyond its minimum take-profit level. see the screenshot as an example.

Guidelines:

The user of this EA has to be able to determine how much is he/she willing to risk, and to identify the best time to close the trade manually using the close buttons. The user should also consider withdrawal as a part of the strategy.

Inputs:

    • MagicNumber - Return an identifying (magic) number of the currently selected order.
    • MaxSlippage -  Maximum slippage you allow to open and close trade.
    • MaxLongTrades -Maximum long trades you allow to open trade.
    • MaxShortTrades -  Maximum short trades you allow to open trade.
    • Relative Level Distance - Option to choose,
      1. Last Open Trade Price - Min level Distance will base it value relative to the last open trade price.
      2. Average Price - Min level Distance will base it value relative to the average price.
Lot Sizing Settings
    • Starting Lot Option - Option to choose Fix,Account Balance Sizing(.01 per Account balance)
    • Fix- Fix initial lot size.
    • Account Balance Sizing(.01 per Account balance) - Lot size computation for .01 per input value
    • Lots step increments(0 to deactivate) - Lot size increment for succeeding trade. for example .02, if initial lot is .01, next lot will be .03, .05, .07.
Reward Management
    • Take Profit Option - Option to choose No TakeProfit(C,D),(C)Take Profit in Account Currency Value,(D)Take Profit in percentage
    • (C)Take Profit in Account Currency Value - it will close trade in profit if the total profit base on Account Currency Value on the symbol reaches the input value.
    • (D)Take Profit Percentage - it will close trade in profit if the total profit base on percentage on the symbol reaches the input value.
    • Remove EA after Take Profit(C,D) - it will remove the EA from the chart if profit reaches your input value.
Risk Management
    • Stop Loss Option -option to choose,No StopLoss,(A)Stop loss in Account Currency value (B)Stop loss in percentage and Auto Stop loss.
    • Auto Stop loss - It will set the best possible value of Stop loss. The value is not constant. It may not set, if there is no viable value to set.
    • (A)Stop Loss in Account Currency Value - it will close trade in loss, if the total loss based on Account Currency Value on the symbol, reaches the input value.
    • (B)Stop Loss Percentage - it will close trade in loss, if the total loss based on Percentage on the symbol reaches the input value.
    • Remove EA after Stop Loss(A,B) - it will remove the EA from the chart if the loss reaches your input value. 
Alerts Settings
    • Send_Email 
    • Audible_Alerts 
    • Push_Notifications 
Time and Day Filter Settings - For Opening of Trades Only.
    • Daily Start Time
    • Daily Stop Time 
    • Monday 
    • Tuesday 
    • Wednesday 
    • Thursday 
    • Friday 


















Johan vd Merwe
57
Johan vd Merwe 2019.05.11 08:08 
 

Thank You Genesis for a great service will update as EA Perform.

Scott Fredeman
6399
Scott Fredeman 2019.04.23 04:30 
 

This is a really nice Hedging EA if you listen to the Developer's suggestions on withdrawing your profits or simply closing the EA after you have locked in profits for the day. It has a lot of settings and awesomely easy buttons on the screen to help you manually close the trades when you need to.

Version 2.1 2019.05.10
Added Realized Profit on alert messages if close all, optimized close all was triggered.
Version 2.0 2019.05.08
Now fully optimized entry no need to change any entry settings, Default settings s what I am using on my signal M15 time frame.
Version 1.5 2019.05.07
Added:
~~~~~Risk Management~~~~~
Auto Stop loss - It will set the best possible value of Stop loss. The value is not constant. It may not set, if there is no viable value to set.
Version 1.4 2019.05.02
Added input :

Relative Level Distance
*Last Open Trade Price - Min level Distance will base it value relative to the last open trade price.
*Average Price - Min level Distance will base it value relative to the average price.
Version 1.3 2019.04.30
Removed MinDistance and MinTP in the inputs, this settings is now optimized for every currency pair range and will now adjust on the time frame you have attached the EA.
Version 1.2 2019.04.29
Changes default settings to suit trading in lower time frames.
Version 1.1 2019.04.22
Change property link in about section tab of the EA from my profile to product overview page.