3 indicators Bollinger Bands, RSI and Parabolic SAR trigger impulse signal that is used for opening positions. Positions are closed by Take Profit and Stop Loss. In addition, there is the Break Even option that makes this Expert Advisor more secure. The money management is based on free margin.
To lock account profit or limit account loss, you can activate Target equity and/or Minimum equity in percentage of deposit at the settings.
This EA is optimized for EURUSD H1, but you can use it for other instruments by performing optimization first. You can adjust important parameters by performing optimization periodically using "Every tick based on real ticks" to get precise results or "Open prices only" to get faster results.
- Expert Name - name of this EA
- Expert Version - version of this EA
- Expert Developer - developer name
- Slippage in pips - slippage
- Magic Number - magic number
- Money management (true or false) - use auto lots calculation
- Risk in percentage terms - risk based on account balance to calculate lots
- Volume in lots if money management false - fix lots if money management is set to false
- Target profit in percentage money, if 0 not used - if this target is reached, the EA will close position
- Target loss in percentage money, if 0 not used - if this target is reached, the EA will close position
- Restart trade if one of Target is reached (true or false) - if set to true, the EA will restart a trade after the target profit is reached
- Timeframe - timeframe
- Bollinger Bands period - period of Bollinger Bands
- Bollinger Bands deviation - value of deviation of Bollinger Bands
- RSI period - period of RSI
- SAR Step - value of step of SAR
- SAR Max - value of max of SAR
- Stop Loss in pips - stop loss in pips, 0 - not used
- Take Profit in pips - take profit in pips, 0 - not used
- Use Break Even - break even usage (true or false)
- Break Even in pips - break even value in pips
- Closed by Opposite Signal - if true then position will be closed if a reverse signal appears
- Header text colour - color of header text
- Header background colour - color of header background
- Background colour - color of background
- Text colour - color of text
- Account profit text colour - color of profit text
- Account loss text colour - color of loss text
- Re-structurized program
- Added display panel
- Symbol recognition.
- Symbol recognition.