Constructor Simple MT5
- Experts
- Version: 1.2
- Updated: 28 October 2022
- Activations: 10
Martingale. The "Constructor Simple MT5" Expert Advisor consists of 5 separate Expert Advisors that work simultaneously and independently of each other:
- Bar trading.
- Trading with iEnvelopes indicators.
- Trading with the iMA indicator.
- Trading with the iIchimoku indicator.
- Trading with the iSAR indicator.
The "Constructor Simple MT5" Expert Advisor is a simplified version of the "Constructor MT5" Expert Advisor. The number of input parameters is reduced to a minimum, which facilitates both the use of the Expert Advisor and its optimization.
Advisor Features:
- Characters may be repeated.
- Each strategy can use up to 4 currency pairs.
- If the symbol names of your broker's currency pairs contain suffixes or prefixes (for example #.EURUSD.ch ) , then it is necessary to register them completely in the input data.
- On one trading account, you can install several "Constructor Simple MT5" with different settings (observing the condition: Magic[i+1]>Magic[i]+5).
- Installed on any one chart.
- If the power of your software is low, then testing in the "Every_tick_based_on_real_tick" mode will be difficult, or it may end while loading the history of currency pair quotes due to lack of memory. In this case, you can reduce the number of characters in the input or shorten the testing period. But the most correct option is to rent a more powerful virtual server (VPS).
- Hedging account type.
- For brokers with 4-digit quotes, the data of the "Take_Profit" and "Step_Size" parameters must be entered as for 5-digit quotes (that is, multiply by 10).
- Leverage >= 1:100.
The adviser must be optimized for the trading conditions of the account used:
- Optimization example here.
Information for beginners (answer to a frequently asked question):
The "file.set" contains the values of the input parameters. To install them in the adviser's menu, select "load" and select the desired "file.set". You can see the visual description "here".
Advisor options:
- Auto_Lot: automatic increase in the lot of the first order in the session depending on the balance.
- Balance_For_Add : 0.01 lot increase every Balance_For_Add.
- MinLot: effective if Auto_Lot = false.
- Limit Max_Lot: limits the lot of the first order in the session to MaxLot/100 (MaxLot is the maximum lot for a symbol on the trading account).
- Only_1_Symbol (for optimization on all symbols).
- Magic_ : Each block uses its own Magic_[i] = Magic_+NumberEA. Thus, the usable range can reach Magic_+5.
- EA-1, EA-2, EA-3, EA-4, EA-5 : Enable (disable) the trading strategy.
- Symbol_ : currency pair symbols can be repeated.
- PERIOD_: sets the time frame on which the EA will trade (doesn't matter what time frame of the chart on which the EA is installed).
- Step_Size : minimum number of pips between orders.
- Total_Bars_to_Open : The minimum number of consecutive bullish or bearish bars to open a position.
- Size_Bars_to_Open : The minimum total volume of bars to open a position.
- Exponent_EA: All trading strategy inputs are multiplied by Exponent_EA.
- Env_period_ (middle line calculation period).
- Env_shift_ (horizontal shift of the indicator).
- _Deviation_ (border deviation from the midline).
- Ma_period_ (averaging period).
- Ma_shift_ (horizontal shift of the indicator).
- tenkan_sen_ (Tenkan_Sen averaging period).
- kijun_sen_ (Kijun_Sen averaging period).
- senkou_span_b_ (Senkou_Span_B averaging period).
- Volume_Ichimoku_ (iIchimoku: |span_A-span_B| ).
- _maximum_iSAR_ (maximum step value).
Excellent EA but how can i put stop loss?