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EA trades on Japanese candlesticks

Trend trading on Japanese candlesticks on 30 and 60 minutes charts enables traders to determine risk and levels of fixing a profit on the base of a specific character of a price pattern structure. One candlestick analysis models is performed in the EA.

Settings

  • Min_Bar3 — minimum body of the third bar including the zero one.
  • Open_Type — direction of the trade: 0 - Buy only, 1 - Sell only, 2 - both directions.
  • FixLot — fixed lot.
  • MarginLot — lot calculation according to the specified margin rate.
  • MarginPercentLot — lot calculation according to % of the deposit for the margin rate.
  • Risk — lot calculation according to stop loss and risk per one trade in % of the deposit.
  • SL_ — stop loss in points.
  • SL_Bar — stop- loss calculation according to tops of bars (if SL_=0).
  • SL_Max — maximum allowable stop loss.
  • TP_ — take profit in points; 4 digits (2 digits).
  • TP_Bar — take profit calculation according to peaks of the specified number of bars (if ТР_=0).
  • TP_Max — maximum allowable take profit.
  • Profit_loss_min — minimum allowable ratio of the profit to the loss.
  • Profit_loss_max — maximum allowable ratio of the profit to the loss.
  • Tral_Start — distance to start trailing.
  • Tral_Distance — trailing distance (if 0 trailing is enabled).
  • Hour_Start — the EA start hour.
  • Hour_End — the EA end hour.
  • Settings for the EA operation on specific week days and months.
  • AllTick — operation in All Ticks mode (otherwise Opening Prices Only mode).
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Version 1.1 - 2015.05.08
Added multiple entry in case of a repeated signal, position tracking, adding to a position. Added compatibility with other EAs of sovetnik_XXX series.