Simple EA for semi-automatic trading. The principle of trading, if the momentum moves, the position increases with the trend, while the EA tries to keep the profit. If the EA has received a stop loss, it waits for the user to select the trading direction and waits for the entry moment. For input buttons of BUY and SELL orders on the chart.
The EA has settings:
- comment-comment for orders
- magic-Majik orders, default 0, is able to pick up orders opened by the trader
- slippage-allowed slippage
- risk-risk in % of the balance taking into account the size of the stop loss
- lot multiplier-lot multiplier of each subsequent order when pyramiding by trend
- fix lot - if no risk is specified, a fixed lot is used
- sl-stop loss
- tp-take profit
- step - step in points for trend pyramiding
How to use this EA?
Watch the video demonstration. My strategy is very simple to understand, below are written its basic rules:
My trading rules:
- hard MM, if you got a stop loss, then a ban on trading that day! Re-enter on this day can not be, there will be more opportunities to enter!
- entrance only in the direction of the senior period, if you don't understand where to move, take direction from level to level.
- stop trading if you run into a higher period level or local resistance.
- if you hit the sideways, then trade it from local levels only in the direction of the trend that was in the older period.
- withdraw the profits! the minimum goal is to return the Deposit, then the goal is to get 100% of the money invested. Then you can go to a comfortable amount because at some point it will be difficult to trade psychologically and until you get used to these amounts.
Of course, the presented version on the video is not the only way to use it, the EA is developing and new features and capabilities appear.
- новые возможности торговли по тренду, реализован алгоритм создания так называемой сетки Пирамида.
- added buy and sell buttons on the screen.
- trading buttons are also available when testing in the tester.
- removed complete disabling of trading operations after closing by stop loss. Now, it is possible to enter the market again by clicking Buy or Sell. Trading rules after closing by take profit are left intact.
- added trailing stop.
- reduced the risk by 10% by default and reset EMA 50 for the AutoTrade mode
- Added start time (time_start) in hours for the ease of entry and testing. The time affects only the first deal
- Improved protection against re-entries during a day. In case of a loss the next entry can be performed only the next day!
- If the EA is removed from the chart, you can open the list of global variables (F3) and delete a variable which name starts from Simple.