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AW Swing Trading EA MT5

5

An advanced tool for swing trading on corrective price movements. It works on trend rollbacks in the direction of its continuation, the size of the required correction is determined by the current volatility of the instrument or manually by the trader. After detecting a correction along the current trend, the EA waits for a signal to complete the correction and continue the trend, after which it opens a position.

Instructions on how the advisor works -> HERE / MT4 version -> HERE 

Benefits:

  • Built-in autolot
  • Customizing signals for opening orders
  • Fully automated trading system, with the ability to add manual orders
  • Trend filtering
  • Dynamic pitch for baskets
  • Different types of order animation
  • Built-in overlap
  • All types of notifications
  • Dynamic retracement size based on volatility.

Input settings:

MAIN SETTINGS

Size of the first order - Volume for opening the first order

Enable Autolot calculation - enable autolot

Autolot deposit per 0.01 lots - Deposit volume for every 0.01 when using autolot

SIGNAL - setting signals for operation

Minimal StepLevel for entry - The minimum size of the rectangle in points. May be equal to "0", then if the variable "Use ATR for StepLevel" the option "True" is selected, then the rectangles will only change in accordance with the ATR.

Use ATR for StepLevel - Use ATP to define the size of the rectangle.

- True - If you use "True", the rectangle will change in accordance with the current readings of the ATR indicator.

- False - If you select the "False" option, then the size of the rectangle will be fixed and equal to the value specified in the "Minimal StepLevel for entry" variable.

ATR Period - This is the standard period of the ATR oscillator, works on the current timeframe.

Use Trend filtering for first order - open the first order in the basket only after receiving a signal from the trend indicator, only for the first order.

Period for trend indicator - The period of the indicator, the longer, the less the sensitivity of the indicator signals.

Timeframe for trend filtering - Selecting a timeframe for filtering signals.

- options from M1 to 1Month

GRIDS SETTINGS - setting grids of orders

Type of multiplier of orders

- Last order lots * Multiplier for size - multiply each subsequent order relative to the previous order by the one entered in the "Multiplier for size of orders" variable   value

- Last order lots + Multiplier for size - add entered to variable "Multiplier for size of orders"   to each subsequent order, in lots

Multiplier for size of orders - Multiplier for orders. Each subsequent order opened by the advisor in the order grid will be larger than the previous one by a given coefficient

Step for grids - Variable that regulates the step between orders, measured in points

Multiplier of step for grids - Ability to create a dynamic step in the basket of orders

TAKE PROFIT SETTINGS - TakeProfit and Overlap settings

PROTECTION SETTINGS - conditions for opening orders

ADVISOR SETTINGS - other advisor settings

NOTIFICATIONS SETTINGS - settings for sending notifications

Reviews 2
Jing2017 Neri
650
Jing2017 Neri 2023.09.29 15:18 
 

Excelente EA, esta trabajando muy bienes DEMO, gracias

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Fully automated trading robot. The well-known Parabolic SAR indicator is used to identify signals . In addition, the EA implements the averaging feature, the function of closing the first and last basket orders, and the function of automatic lot calculation. Has an advanced information panel and three types of notifications. The ability to adjust the indicator signals in the advisor. Problem solving ->  HERE  / MT4 version ->  HERE   / Instruction  ->   HERE   Benefits: Can be used on any inst
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Jing2017 Neri
650
Jing2017 Neri 2023.09.29 15:18 
 

Excelente EA, esta trabajando muy bienes DEMO, gracias

Almiem64
57
Almiem64 2021.04.23 14:32 
 

for now I'm not fascinated by the product. I don't know if it depends on the time zone, but so far it has only opened losing trades. Maybe I need to set something up for it, but I can't, but for now I'm not happy

AW Trading Software Limited
125523
Reply from developer Alexander Nechaev 2021.04.23 16:01
Hello. There is no time zone in this EA. It works on reversals relative to the price zone, which can be determined dynamically or be static. You can only trade trend, that is, work with corrections of the current trend. Here is a link to our telegram group - https://t.me/AWSoftware
In this group, traders using our various products discuss the work of the products, I hope this will be relevant to you. If you want to clarify any nuances about the work of this advisor, then write me a private message. I will try to help you. Also, here is a link to instructions on how this product works - https://www.mql5.com/en/blogs/post/742819 Best Regards
Reply to review
Version 2.0 2022.01.04
- General optimization of the advisor code
- Trading functions update