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AMA 3TF AND INCREASE VOL

AMA 3TF Volume Increase is an Expert Advisor from the series "Trade systems with increasing volume of position". Here you can find a short description of it. For more information on how to use this Expert Advisor please visit my blog TRADING WAY.

You may want to purchase the full version of the Expert Advisor with additional features: AMA 3TF VI Martingale.

It uses one standard indicator Adaptive Moving Average. Signals for opening and modifying positions are produced according to formed bars of three timeframes specified in the parameters. Modification of the Trailing Stop level is performed according to maximums/minimums of the current timeframe. Usually, this is the minimum timeframe indicated in the parameters.

The list of Expert Advisor parameters:

  • Magic Number – magic number (identifier of trade operations of the Expert Advisor).
  • Deviation – price slippage in points.
  • Timeframe 1 – the first timeframe.
  • AMA Period – period for calculation of the efficiency rate for the first timeframe. If you set a zero value, the indicator from this timeframe will not be considered.
  • Fast AMA Period – fast period for calculation of the smoothing rate for the first timeframe when the market moves fast.
  • Slow AMA Period – slow period for calculation of the smoothing rate for the first timeframe when there is no trend.
  • Timeframe 2 – the second timeframe.
  • AMA Period – period for calculation of the efficiency rate for the second timeframe. If you set a zero value, this parameter will not be considered.
  • Fast AMA Period – fast period for calculation of the smoothing rate for the second timeframe when the market moves fast.
  • Slow AMA Period – slow period for calculation of the smoothing rate for the second timeframe when there is no trend.
  • Timeframe 3 - third timeframe.
  • AMA Period – period for calculation of the efficiency rate for the third timeframe. If you set a zero value, this parameter will not be considered.
  • Fast AMA Period – fast period for calculation of the smoothing rate for the third timeframe when the market moves fast.
  • Slow AMA Period 3TF – slow period for calculation of the smoothing rate for the third timeframe when there is no trend.
  • Take Profit – level of fixing the profit, which is indicated in points from the position open price. If the value is set to zero, Take Profit will not be set.
  • Stop Loss – protective level, which is indicated in points from the position open price. If the value is set to zero, Stop Loss will not be set.
  • Trailing Stop – step in points used for modification of the protection level in the profitable direction. The level is calculated using maximums (High) of bars for Sell positions and minimums (Low) of bars for Buy positions. If the value is set to zero, the protective level will not be modified.
  • Reverse – in this parameter, one can specify if positions will be reversed in case an opposite signal appears. Value 'true' means that positions will be reversed if an opposite signal appears.
  • Lot – position volume (lot).
  • Volume Increase – the amount to increase the position volume by in case the condition is true. If you set a zero value, the volume will not be increased.
  • Volume Increase Step – distance from the last deal in points the price should pass before the condition for increasing the volume is considered true.

Conditions:

A signal to open a position is true if the following conditions are fulfilled:

For a BUY position:

  • The AMA indicator grows on all timeframes. I.e. the previous value is lower than the current one.
  • If a position is opened, the model of increasing the volume starts its operation in the Expert Advisor. The volume is increased if the price goes in the profitable direction and reaches the level, which is calculated for Buy positions as the last deal price plus the number of points indicated in Volume Increase Step. The close price of the formed bar must be above the calculated level.

For a SELL position:

  • The AMA indicator falls on all timeframes. I.e. the previous value is greater than the current one.
  • If a position is opened, the model of increasing the volume starts its operation in the Expert Advisor. The volume is increased if the price goes in the profitable direction and reaches the level, which is calculated for SELL positions as the last deal price minus the number of points indicated in Volume Increase Step. The close price of the formed bar must be below the calculated level.

Additional parameters and features:

The Expert Advisor additional parameters:

  • On/Off Info Panel – enables/disables the informational and trading panel in the left part of the chart.
  • Setting “On The Fly” – enables/disables the possibility to adjust parameters using the informational and trading panel.

Several Expert Advisors from this series can be attached to different charts (symbols) without causing any conflicts in their operation.

Nork
3513
2017.01.31 06:42 
 

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Rodrigo da Silva Boa
7093
2016.01.24 00:25 
 

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Vadim Strelkov
7851
2014.03.20 13:02 
 

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