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- What's new
+ Use this bot for manual semi auto trades.
+ Perform market analysis in the Asian session to find tradable correlation pairs.
+ Install bots and set pending orders and takeprofits as desired.
+ Monitor again in UK and US sessions.
+ If the bot has taken a position, activate Continue New Cycle=false.
Note: If you are looking for a bot that can trade full auto, please skip it.
Main Features:1. Second Symbol Correlation: fill in 2nd Pair correlation
2. Minimum Range to Start Pending Order: High and Low Range
3. Bars to count: Number of history bars to analyze
4.Range size of pending orders (in pips): Distance of pending orders from the current price, pending orders use adaptive trendline
5. Range size to move pending order (in pips): Trendline will move to the latest prices according to the number of sizes entered.
6. Start Pipstep (in pips): Initial Step
7. Pipstep Exponent: Coefficient multiplier of step increase
8. Lotsize: Initial lot
9. Maxtrade = Maximum trade allowed
10. Target money for closing orders $: Target profit in money
11. Cut loss if loss $: Target cut loss in money
12. Trail start $: Target profit in money to start trailling
13. Trail stop $: Trail step in money
14. Time control : when will start to open position and when will stop taking position.
15. Close all positions at the End of Session: Expert will close all positions after today's session ends
Determine the closing hour by activating the time control = true and filling in the start and end hours.
16. Slippage (in Pips): Deviation from the asking price
17. Maxspread (in Pips): Max Spread allowed
18. Continue New Cyle: If false, then the expert will only manage open positions and will not open new positions when all positions have been closed.
Money Management:1000 usd = open 2 chart = 4 pairs
5000 usd = open 10 charts = 20 pairs
Suggestion: If you trade more than 1 pair and open more than 1 position in 1 pair, I highly recommend using a trade monitor.
Trade monitor will make it easier for you to monitor all your trading results, in addition it will provide information on how many more pips will stopout. This stop out information is very useful so you don't over trade.
Trade Monitor MT5 Version: here
+ added Close all position at the end of session