The Expert Advisor applies a unique strategy of tracking market orders and modifying pending ones. The product works even with small deposits. Recommended deposit is 1 000 USD (1000 USD cent). The Expert Advisor does not use high-risk trading strategies, like Martingale, and does not apply any technical indicators. It works directly with the price (both 4 and 5-digit quotes). Two types of trailing stop can be optionally applied in the trading robot: first, trailing is performed at the bar the market order was opened at then passing to previous bars' Highs/Lows.
💼 Telegram chat for questions and discussion: https://t.me/forex4up_chat
The used timeframe is H1. Make sure all the settings are correct before launching the Expert Advisor on a real account. Conduct a test on the quotes having the quality of 99.9% for the last year. Use the broker with the minimum spread and stop levels. If you are in doubt about choosing a broker, please contact me before making a purchase.
- MaxRisk - maximum risk per trade;
- Lots - fixed trading lot, if MaxRisk = 0;
- TakeProfit - take profit in pips;
- StopLoss - stop loss in pips;
- ProfitClose - % return on the deposit to close market orders;
- MaxDrawdown - % drawdown from the deposit to close market orders;
- TrailingStart - start trailing stop;
- TrailingStep - trailing stop step;
- TimeModifyChannel - time modification of the price channel;
- SteepModifyChannel - step from the price to the price channel;
- PriceSteepOrder - step from rates for pending orders;
- Breakeven - the number of points passed to output positions to breakeven;
- BreakevenStep - minimum profit in points to output positions to breakeven;
- ClosePendingOrders - remove the opposite order in case a market order is opened;
- TimeStart - trading start time;
- TimeFinish - trading end time;
- The days of the week - if true, then trading is allowed;
- Magic - magic number;
- Com - commentary transactions;
- ShowInfo - show/hide the information about a trade;
- TextColor - text color.
Test results - 99.9%.
Added functions for limiting the operation by time and days of the week.
Completely re-checked the code, fixed bugs, improved algorithm for tracking open positions.
Added support for symbols with a prefix.
Added the ability to remove the opposite order if there is a market order.
Added ability to delete market and pending orders on Friday after a specified time.