Mood EA

Mood EA - works on the Momentum indicator, which is a leading indicator. To enter a position, the advisor uses the oversold or overbought conditions of this indicator, catching the "mood" of traders.

 SETTINGS

• Open new series - on / off beginning of a new seri
• Start lots - start lot.
• Trade Buy - allow the adviser to buy.
• Trade Sell - allow the adviser to sell.
• Support manual orders - allowed or not for EA manage manual orders.
• Use hedge - allow the adviser to trade both direction buy and sell. If off only one trade direction.
• Use Money Management - on / off use of automatic lot calculation.
• Autolot. Free margin for each 0.01 lot - the amount of free margin for opening every 0.01 lots.
• Lot miltiplier - lot multiplier for the following orders.
• TP - take profit, in pips.
• SL - stop loss, in pips from the first order.
• Trail Start - activation of a trailing stop.
• Trail Step - distance from the price when activating a trailing stop.
• DD Reduction Algoritm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
• Number order for DD Reduction Algoritm -  from which order the drawdown reduction algorithm is activated.
• Percent profit for DD Reduction Algoritm - percentage of profit when closing orders in the drawdown reduction mode.
• Magic - is a special number that the EA assigns to its orders.
• Fix distance - fixed distance between orders
• Order dinamic distance - from which order will the dynamic distance be applied in order.
• Dinamic distance start - the starting value for the dynamic distance.
• Distance multiplier - the dynamic distance multiplier.
• Start, End hour - time for opening the first order.
• Maximum Lot - maximum lot.
• Maximum spread - the maximum spread for the adviser.
• Mom_Period - period of the Momentum indicator.
• Up Level - the reading of the Momentum indicator above which the EA sells.
• Down Level - the reading of the Momentum indicator below which the advisor buys.