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SMak ZigZag EA

5

The signal to open BUY or SELL orders is formed based on the data received from the " SM ZigZag "indicator. As soon as the indicator shows the formation of a downtrend (red line), the Expert Advisor places a BUY order with the set lot (the ability to choose in the settings whether it will be fixed or dynamic).


After placing the first BUY order with the initial lot, until the indicator has formed a blue line (an uptrend), the next BUY orders are placed after a certain step, which is changed according to the coefficient and with an increase in the lot, according to the coefficient.

All this continues until the " SM ZigZag " indicator forms a blue line (an uptrend). As soon as the trend change line is formed, all orders that were opened are closed and the process of placing SELL orders begins, according to the same scheme as the previous one with BUY.

The second indicator, " SM trend cloud ", has an equally important task. It forms "clouds" of two colors, green – an uptrend and orange – a downtrend. So, if a BUY order command is formed on the first indicator, i.e. after the formation of the red line, and the cloud of the second indicator is green, the step and lot increase coefficients work as described above. If the cloud is orange, the lot and the step of subsequent orders of this series are equal to the first value, i.e. they are not multiplied by coefficients, but correspond to the initial values with equal intervals and Lots with an unchanged lot. These actions are necessary to reduce the drawdown in the event of a sudden trend reversal.

The Expert Advisor has a control panel located on the chart (the orientation is adjustable). In the strategy tester, changes to the input data on the penel do not work. To perform optimization, you need to disable:

"ShowPannel" = false

"Draw_ZigZag" = false

"Draw_AndZadC" = false

Due to the fact that the Expert Advisor has built-in indicators, there is a slight delay at the beginning of testing (if you do not disable the indicators, as described above).

The settings of the Expert Advisor and the built-in indicators are intuitive and simple. There are several nuances that you should consider when setting up:

When "ReverceClose" = false

Stop and Take - real bets are placed

Thrall is working

MoneyTP, MoneySL, PercentTP,PercentSL-DO NOT work

When "ReverceClose" = true

Stop and Take - virtual bets are placed

The thrall DOESN'T work

MoneyTP, MoneySL,PercentTP, PercentSL - work

The Expert Advisor is perfect for those traders who like to participate in the trading process, monitor its process. I kindly ask you to soberly assess the risks and comply with the rules of Money Management and Risk Management!

The recommended timeframe is D1


Reviews 1
nikolas1163
305
nikolas1163 2022.04.29 13:38 
 

Excellent EA, if configured with correct parameters and proportionates to the capital it produces exceptional gains with very low drawdowning on the DEMO platform. In the next few days I will working in REAL and will update this review. Congratulations to the author!

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The original price is $399. The $300 promotion ends in 24 hours! Gold has risen 25% in about a year, which is crazy, so I manually placed a long Sell order on August 23. This trade once brought a profit of $15, but I thought it was possible to get a bigger profit, so I chose to hold it. Gold continued to rise, but I would not change my judgment that gold would return to $2,400. Don't be confused, this is a manual order, EA's orders usually stop loss at $1--3, and rarely may trigger a maximum st
Gold GPU
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Special offer:     After 8 copies sold, the price will be increased (1 left).     Regular Price: $540     Discounted Price (limited time offer): $380 If you have any questions, feel free to send me a private message: https ://www.mql5 .com /en /users /abudabi (send a message) Overview      Trend-following Expert Advisor     It uses artificial intelligence to recognize trends in the market.     It has been tested for over 10 years using real tick data and has shown stable performance.    
Bitcoin Robot MT5
Marzena Maria Szmit
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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
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Ho Tuan Thang
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ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2258186 Gold Trading AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders. The biggest difference of Gold Trading AI is that the EA can control the Risk:Reward ratio much better than other EAs.That is possible thanks to a set of tools to control entry
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Sergei Makarevich
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The SMTrendLine indicator is based on the principles of graphical construction of Bollinger bands. Graphically, the Bollinger is two lines that limit the price dynamics from above and from below, respectively. These are a kind of support and resistance lines, which most of the time are located at levels far from the price. As we know, the Bollinger bands are similar to the envelopes of moving averages. The difference between them is that the envelope boundaries are located above and below t
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The Expert Advisor is based on the work of two indicators SM ZigZag and SM trend cloud . The signal to open BUY or SELL orders is formed based on the data received from the " SM ZigZag "indicator. As soon as the indicator shows the formation of a downtrend (red line), the Expert Advisor places a BUY order with the set lot (the ability to choose in the settings whether it will be fixed or dynamic). After placing the first BUY order with the initial lot, until the indicator has formed a blue
SM ZigZag
Sergei Makarevich
It so happened that it is no longer necessary to write about the principles of operation of indicators of this type. The presented indicator redraws the trend direction until it changes to the opposite. whether this is right or not is up to you to judge. It works well together with SM trend Cloud, which is implemented in the SMak ZigZag EA  and Pyramid EA  Expert Advisor code. When these two indicators work together, it is possible to determine the further trend movement with a high degree of pr
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The SM_GOLEM EA Expert Advisor is designed to work on accounts with an initial deposit of 100 units or more. On cents, it is desirable to use at least 3000 units. The algorithm of the Expert Advisor works as follows: entering a trade at the beginning of the bar with a growing signal of the ROC oscillator, exiting the market at the end of the bar when the CCI (Commodity Channel Index) is below the level line. The Expert Advisor was optimized on an hourly timeframe, since it was supposed to be us
Pyramid OM
Sergei Makarevich
Pyramid Order Manager is a utility based on the work of two indicators SM ZigZag and SM trend cloud . With the help of this utility, the trader has the opportunity to set instant or pending orders on the chart in a short time with his lot, take profit and stop loss, as well as the number of orders in the grid, the coefficients of the lot and step change. The utility has two built-in indicators, listed above, with the ability to disable them. A distinctive feature of this utility is the poss
SM ZigZagSAR
Sergei Makarevich
The ZigZag indicator, which has already become common and familiar to any trader, has acquired new forms and received additional reinforcement by including the results of Parabolic SAR analysis in its team. The tandem of these two indicators shows excellent accuracy in determining the direction of the trend and timely receiving a signal about its reversal. The main signals on the chart are red and blue markers (if desired, the colors can be changed). Blue marker - we start selling, red-purchases
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nikolas1163
305
nikolas1163 2022.04.29 13:38 
 

Excellent EA, if configured with correct parameters and proportionates to the capital it produces exceptional gains with very low drawdowning on the DEMO platform. In the next few days I will working in REAL and will update this review. Congratulations to the author!

Sergei Makarevich
8161
Reply from developer Sergei Makarevich 2022.04.29 16:45
Спасибо за Вашу оценку))) Удачи и профита!
Reply to review
Version 1.1 2021.09.13
minor changes