Bison

Bison is a counter-trend strategy that analyzes periods of oversold and overbought financial instruments. When these periods are in abnormal states, Bison uses them to profit.

In his work, Bison uses 3 modes of opening orders:

1. Multi - a mode in which 2 opposite orders are opened simultaneously;

2. Reverse - a mode in which, immediately after closing an order by Stop Loss, a new order is opened in the opposite direction;

3. Support - Mode of operation of support orders.

All orders are opened with a strictly fixed Stop Loss.

Sets are in the "Comments" section comments #1-3.

Key Advantages

  • A constructor of unique strategies;
  • No need to close the robot during news releases;
  • It works with 4 and 5-digit quotes.

Working parameters

  • Currency pairs: EUR/USD, GBP/USD, JPY/USD,  AUD/USD, AUD/CAD, AUD/NZD, EUR/CHF, USD/CHF;
  • Leverage: >200;
  • Timeframe: any (default parameters are optimized for H1);
  • Broker: any;
  • Account: any.

General Trading Settings

  • Start trading - enable/disable the Expert Advisor.
  • TakeProfit - take profit value for the orders opened by the EA, depends on the specific currency pair and trading style (if set to zero, ATR values are used);
  • StopLoss - stop loss value, depending on the trading style (if set to zero, ATR values are used).
  • Maximum spread - maximum allowable spread;
  • Slip - maximum allowed slippage.
  • MagicNumber - unique number of positions opened by the EA;
  • Set name - Set name;
  • Comment for order - a unique comment on open positions by an adviser.

MODE SYSTEM SETTINGS 

  • Start Multi System, Start Reverse System or  Start trading for support orders: 1. activation of a multi system in which, simultaneously, 2 opposite orders are opened; 2. activation of the reverse system in which, immediately after the order is closed by Stop Loss, a new order is opened in the opposite direction; 3. activation of support orders.

REVERSE SYSTEM SETTINGS 

  • Use Time Break - enable / disable the filter of the time pause between orders;
  • Last order before Time Break - order number after which a time pause is activated;
  • Maximum Time Break (hour) - the number of hours of the temporary pause;
  • LotExponent in Reverse System - lot exponent for orders of the reverse system.
SUPPORT ORDERS SETTINGS 
  • Maximum support orders - the maximum number of open support orders;
  • LotExponent in support orders - lot exponent for support orders;
  • Use filter for minimum distance use a filter to open support orders;
  • Minimum distance between support orders - the minimum distance between support orders.

RISK MANAGEMENT

  • Lots - initial lot size. It is activated, if the values of Risk and DepoStep are zero;
  • Risk - percentage of the deposit balance to increase the initial lot. It is activated, if the value of Lots size is zero;
  • DepoStep - deposit size step for doubling the initial lot. It is activated, if the values of Lots and Risk are zero.
  • Stop by equity - enable/disable limitation of losses by equity.
  • Value of equity - allowable loss by equity, at which all orders previously opened by the EA are closed.

TRAILING STOP LOSS

  • Use Trailing Stop - enable/disable the Trailing Stop parameter.
  • Fixed trailing size - size of the Trailing Stop in points from the order opening price;
  • The size of the correction Trailing Stop - price range in points from Fixed trailing size to trigger  Trailing Stop;
  • The size of the correction Trailing Stop Level II - the range of the price movement in points from Fixed trailing size to the triggering of Trailing Stop Level 2.
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We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Tom Scalper - The Trendline Breakout Expert Advisor Overview: Tom is an Expert Advisor designed for Gold (XAUUSD) trading. It uses a single trendline to determine the trend and incorporates pattern recognition to identify breakout conditions. Built for traders seeking a structured approach, Tom follows predefined criteria to execute trades based on market movements. Join My MQL5 Channel for the Latest Updates! Live Signal :   https://www.mql5.com/en/signals/2361938 Pricing Launch Price : $199
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