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DI Action

The Expert Advisor strategy is based on the analysis of price action. It does not use any indicators or additional filters. No grid, no martingale. The strict algorithm in conjunction with a simple setup allows you to choose the right configuration, and therefore the best and reliable entry into the market. The EA uses simple "Price Action" setups:

  • 2 variants of the Inside Bar;
  • 4 variants of the Pin Bar;
  • Bullish engulfing setup (BUOVB);
  • Bearish engulfing setup (BEOVB);
  • Bars with the same lows and higher close (DBLHC);
  • Bars with the same highs and lower close (DBHLC).


Features

  • No martingale, no grid, no scalping, no additional volumes, no reversals;
  • Trade solely on "naked" charts, without the use of indicators or additional filters;
  • Patterns for trading are selectable;
  • Strict entry algorithm;
  • Intelligent, mandatory placement of stop orders;
  • An option for automatic lot selection depending on risk parameters;
  • Trailing Stop.


Operating Conditions

  • Period "D" (the best results on the daily charts);
  • Currency pair: any;
  • Reliable, round the clock internet connection.
Recommendations: Before you install the EA and launch it, please backtest it using historical data of your broker and optimize the EA.


Parameters

  • Interval—number of points to confirm the signal;
  • Lot Size—trade amount;
  • Take Profit—locking in profit;
  • Factor Take Profit—profit factor; if greater than 1, it multiplies Stop Loss to get the value of Take Profit;
  • Magic number—EA's magic number;
  • Slippage—allowed slippage size;
  • Expiration Hour Order—lifetime (in hours) of pending orders, after which they expire;
  • Start Hour—the hour to place orders;
  • Auto Lot Size—if the value is true, lot size is calculated automatically depending on the "Percentage of risk" parameter;
  • Percentage of risk—risk as a percentage of the maximum lot;
  • Enable Trailing—activates trailing stop for all the orders of the Expert Advisor;
  • Trailing Signal—price deviation in the profit direction where the trailing stop triggers;
  • Trailing Level—the new level of the stop order, with the negative value Stop Loss is moved to the profit size;
  • Inside Bar—if the value is true, the EA trades based on the Inside Bar pattern;
  • Comment inside Bar—a comment to the Inside Bar based order;
  • DBLHC—if the value is true, the EA trades based on the DBLHC pattern;
  • Difference Low—the difference between the lows of the two bars in the pattern;
  • Comment DBLHC—a comment to the "DBLHC" based order;
  • BUOVB pattern—if the value is true, the EA trades based on the "BUOVB" (Bullish Outside Vertical Bar) pattern;
  • Comment BUOVB—a comment to the "BUOVB" based order;
  • BEOVB pattern—if the value is true, the EA trades based on the "BEOVB" (Bearish Outside Vertical Bar) pattern;
  • Comment BEOVB—a comment to the "BEOVB" based order;
  • Pin-bar—if the value is true, the EA trades based on the "Pin-bar" pattern;
  • Comment pinBar—a comment to the "Pin-bar" based order.
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Version 2.0 - 2015.11.05
- code revised and optimized
- added options for pin bar setup
- added new trailing function
Version 1.1 - 2014.12.26
- possibility to set the profit factor below 1 "Factor Take Profit"
- minor bug fixes