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BuySellProf Risk Manager lighter

The expert does not care where the price of Buy or Sell goes, he does not care about the direction of the price movement. Locking and hedging is its main principle. According to the law of harmonic fluctuations, the price always returns to its original position and the forex market is no exception. Balancing simultaneously multidirectional orders, EA fixes profit on market turns. The expert is effective in conditions of increased volatility (lack of certainty in the direction of price movement, news release). BuySellProf Risk Manager lighter - is an easy-version expert BuySellProf Risk Manager . For small deposits $ 1000-5000. Robot Signals

EA can trade both in mono and in multi-currency versions, for this it is necessary to attach an adviser to a new window of another currency pair with a change in the MagicNumber number and, accordingly, enter other input parameters of this currency pair. Only in the multi-currency version hedging starts to work, if the pairs are selected correctly and the input parameters, the expert does not sag by more than 30% of the deposit (exceptions of force majeure state of the market).

Operation description

Entering the market at once with two orders (on Buy and Sell) on one currency pair, EA expects the profit of one of the previously established orders (on Buy or Sell) to close. As soon as this happens, EA places an order for Buy if the previous order has closed on Sell, or vice versa, it sets an order for Sell if the previous order was closed on Buy, taking into account Martingale. Then it combines both profits, the new order and the old one into one common profit (according to a special algorithm), moving it to the place of a possible price movement.

Another (balancing) order is opened in the direction opposite to the former two ones with the value equal to the last order (with Martingale) creating the lock with the last order. This allows the EA to adapt to volatility and secure your funds. If volatility exceeds the estimated order take profit, the EA takes the profit repeating the previous operation and considering Martingale till the market reverses or volatility starts decreasing. Stop Loss is placed for the order in case of the market reversal. That Stop Loss can have a fixed value or a Trailing Stop.

After closing all previously placed orders by profit (they are currently connected by one profit), the Expert Advisor starts the new trading cycle by placing Buy and Sell orders. The cycle continues till the Expert Advisor is stopped.

EA has an information panel that displays the account balance, profit for a currency pair, type of account (real, demo or competitive), as well as the ability to manually close profitable, unprofitable or all orders for a currency pair and current input parameters. 

In case of force majeure or excessive drawdown, the PercentLossPair parameter - the permissible drawdown percentage for a currency pair, will automatically close all previously placed orders for a particular currency pair. This allows you to avoid unforeseen losses and save your deposit.

Inputs

  • PercentLossPair regulation of the drawdown of an expert for a specific currency pair(1-100%);
  • TP - take profit;
  • SL - stop loss;
  • Lots - lot size. In this adviser, you can use only the minimum server lot size;
  • Martinlot - (in the light version it works within the range of 1-1.8) the multiplication factor Lots to achieve greater profit and without loss; see Martingale for more details; (the value is 1, Martingale is absent and increases by 0.1 fractionality, i.e. 1 + 0.1 = 1.1, etc.);
  • MaxLots - (in the light version, eight times the minimum server lot size) the maximum allowable lot size. In practice, it looks like this: increasing the size of the lot with Martingale, for example, from 0.01 to 0.08, then the adviser will place additional orders only with the size of 0.08 lots, Martingale will work only in the intervals from 0.01 to 0.08. It also serves to reduce the drawdown of the balance, with strong bullish or bearish market sentiment and volatility.
  • Use Trailing Stop - enable/disable trailing stop;
  • Trailing Stop - trailing stop value;
  • MagicNumber - integer constant used to identify orders;


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