Bobra Adept MT4
This is a half scalping system that analyzes the market using a transmission function and price movement speed.
This Expert Advisor is intended for trading on EURUSD, however it can run on other currency pairs. Please use the M1 timeframe.
You should optimize only two parameters: Seconds_to_move и TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case), this can be observed on the screenshots.
The EA has not been optimized for GBPUSD, since testing results were good without the optimization.
- Mode_trade (Market_Oders) type of orders placement.
- Magic (123) magic number.
- UseManualLot (false) use or not fixed lotsize
- Lot (0.5) fixed lot value
- Liquid_mode (true) add position for already opened one
- LiqMaxSpread (3) spread contol value
- NewStrategy (false/true) Main option that activate first strategy. deactivate/activate
- From_speed (1.2) Minimal speed of quotes
- Lim_speed (15) Max speed of quotes
- reset_time (4) number of seconds to calculate speed
- From_distance (1) distance in pips to calculate speed
- TakeProfit=(200) in pips
- StopLoss=(200) in pips
- Barcontrol (true) activate/deactivate bar control event
- Easy_setup (false/true) Main option that activate second strategy. deactivate/activate
- Risk_for_automaticLot - (10) means 0.1 lot per 1000$.
- Lotfactor - lot factor of opposite orders.
- bars - number of bars to define volatility.
- mindistance - minimum distance for orders placement.
- Maxsread - Max spread for orders placement.
- Maxorders2 Number of trades per direction.
- VirtTakeProfit - EA define exits by thoose values.
- VirtStopLoss - EA define exits by thoose values.
- Servertimefilter false/true - deactivate/activate timesettings. EA define entries inside trade time ( example 21-3) but exits defines all the time.
- StartHour 21, StartMinute 0 time of start trading
- HoldHour 1 , HoldMinute 0. number of hours that ea keep search entries.
The intervals should be specified in HH:MM-HH:MM format. 0 should be specified in hours and minutes less than 10. Wrong specification example: "0:00-1:20", correct one: "00:00-01:20". A comma (,) is used between the intervals as a separator. The number of specified intervals is not limited.
- Use custom work time - true, enable working in intervals. It's better to use server time (TimeTrade server) and check news releases on your broker's site.
- Monday = 00:00-11:05,16:25-18:00 (example)
- Tuesday = 00:00-23:59
- Wednesday = 00:00-23:59
- Thursday = 00:00-23:59
- Friday = 00:00-23:59
- Time to use = TimeTrade server
Some Features on Bobra Adept MT4:
- Automatic detections of the quotes precision.
- It considers the peculiarities of Market Execution (stop levels can be changed after opening the position).
- It shows good results on forward periods.
- The settings have been selected for live trading, but your results will depend on your broker's spread and quality of order execution.
If you have already purchased the product:
Please write a private message to me, I'll give you recommendations on how to trade on a live account.
Easy_setup - true/false; keep 'true' to activate
bars - amount of analyzed bars
mindistance - minimum distance to place a pending order
ishift - shift a pending order according to a bar number
exp_pending - number of seconds before a pending order is deleted
+ Comments with actual speed and spreads for every trade
+ Fixed issue with different entries on different vps (New_Strategy)
++From_speed ,Lim_speed :
limits of actual speed that we see in comments.
++reset_time, From_distance -
like our old variables (seconds_to_move,Tradeprice (7,7)) but has another
method of calculation now.
- Changed the algorithm of trailing stop.