After that, it opens positions and monitors them until they are closed with a profit or, if possible, with a small loss.
It is possible to use 3 variants of signals to open positions.
Does not use martingale strategy, averaging positions, waiting for loss, etc
Positions can be opened with a fixed TakeProfit or with a virtual one., StopLoss fixed or 0.
There is a function of restoring balance after a drawdown.
It is possible to use a dynamic lot to increase the volume of positions with successful trading.
You can use the trailing stop.
Recommend currency pairs: EUR CHF, CHF JPY, CHF AUD, CAD, CHF, EUR AUD, USDCHF, USDCAD, GBPCHF.
I do not recommend to bet on all pairs at once!, especially if they are correlated with each other.
It is better to put first on one tested and optimized pair with a small risk, or a fixed lot, to get acquainted with the trading process.
Once the trading results are satisfactory, you can add risk and currency pairs.
ECN and Pro accounts should be used.ECN I use https://alpari.com/en/trading/trading_terms/?partner_id=1220575&sub_id=ib_mql001
with five-digit quotes with a moderate size (spread)., not more than 25-30 points.
You should use methods with a smooth Internet connection.
THE TIME PERIOD SCHEDULES:
M5 - M15 Depending on the selected signal.
THE PARAMETERS OF THE EXPERT ADVISOR:
=== MONEY_MANAGEMENT ===
USING - Select whether to trade risk or a fixed lot.
- RISK - Use risk, % of available funds.
- LOT - Use a fixed lot.
RISK/LOT - Amount of risk or fixed lot.
RESTORING_THE_BALANCE - Recovery balance after the drawdown.
COEFFICIENT_LOT - lot increase Coefficient after drawdown.
=== SETTINGS_TRADES ===
SIGNAL - Select the signal to open positions.
- NONE - Not trade.
- 1 - First.
- 2 - Second.
- 1+2 - If both signals match.
COUNT_ORDERS_BUY - Number of buy positions opened at the same time.
COUNT_ORDERS_SELL - Number of sell positions opened at the same time.
WHAT_TP_TO_USE - the Choice of which to use TakeProfit.
- VIRTUAL - Virtual.
- REAL - Real.
TAKE_PROFIT - Set profit.
STOP_LOSS - Set loss.
LOSING_TRADE - Limiting unprofitable trades, then the trade stops.
CLOSING_TIME - Close positions by time. *
FILTER_SWAP - Filter (swap) .**
- DISABLED - Disabled.
- TRIPLE - Triple.
- FULL - Permanent.
TRADE_ON_MONDAY - Trading on Monday with the opening of the market.
MAX_SPREAD_OPEN - Maximum possible (spread) to open positions.
MAGIC_NUMBER - Magic number of the positions.
SLIPPAGE - price Slippage.
USE_A_SOUND - Sound notification.
=== THE_PARAMETERS_OF_THE_TRAWL ===
ON/OF_TRAWL - Use of trawl.
TRAWL_SIZE - profit Size in points.
STEP_TRAWL - trailing Step in points.
= = = = TRADE_TIME ===
START_TRADING - Time to start the EA.
STOP_TRADING - Time to end the EA.
* If true and the position is not closed by TP for a long time, the expert Advisor decides how to close it. If false, positions are closed only by TakeProfit and StopLoss.
** Triple - a with Wednesday to Thursday did not open the position at which the negative (swap).
Constant - does not open a position if negative (swap).
Applies only if the trading start time is set before 00:00