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Undular EA

The Undular is based on classical indicators, such as ADX, Stochastic Oscillator and Moving Average. Initial lot volume is set on the basis of 0.01 per $1000 and increases proportionally with the deposit.

A trade is entered and exited according to indicators' aggregate signals without the use of stops, take profits and trailing. The EA uses a complex module of control and calculation of open positions and their volumes. It also takes into account trades with all currency pairs, manually opened trades and trades opened by other EAs.

All together it uses 7 Stochastic Oscillators and ADX to calculate a signal. Stochastic is needed to determine entry points, and ADX & Moving Average determines overall trend direction. The best currency pairs for trading are those containing JPY.


Settings

  • lots on 1000$ — lot per $1000. You can set even 0.00001. In this case the auto lot will not increase the lot when the deposit is increasing.
  • profit on $ 0.01 lot — minimum profit per 0.01 lot will amount to 30 cents.
  • martingale exponent — Martingale lot increase step.
  • lock exponent — lot increase in case of coverage.
  • second orders step — step for secondary orders in points.
  • step martingale — step for Martingale orders in points.
  • lock (on/off) — enable/disable positions locking.
  • slippage — price slippage.
  • OrderMagicNumber — magic number.

Settings of Indicators

  • stochastic level Н4 (<) buy — buy Stochastic level. If set to lower value, applied only to secondary orders.
  • stochastic level Н4 (>) sell — sell Stochastic level. If set to higher value, applied only to secondary orders..
  • period primary stochastic 1 240 min — period of the main Stochastic No.1.
  • slowing primary stochastic 1 240 min — deceleration of Stochastic No.1.
  • period primary stochastic 2 240 min — period of the main Stochastic No.2.
  • slowing primary stochastic 2 240 min — deceleration of Stochastic No.2.
  • period primary stochastic 3 240 min — period of Stochastic No.3.
  • slowing stochastic 3 240 min — deceleration of Stochastic No.3.
  • period  stochastic 4 60 min — period of Stochastic No.4.
  • slowing stochastic 4 60 min — deceleration of Stochastic No.4.
  • period  stochastic 5 30 min — period of Stochastic No.5.
  • slowing stochastic 5 30 min — deceleration of Stochastic No.5.
  • prices stochastic — Stochastic price: high/low.
  • period ADX 240 & 60 min — period ADX.
  • prices ADX — ADX price.
Eleni Anna Branou
4306
2017.02.13 18:42 
 

Promising.

Ovidiu Caslariu
7845
2016.05.02 18:25 
 

User didn't leave any comment to the rating

Version 2.0 - 2015.05.07
I partially changed Moving Average to ADX and made it the main signal, materially altered the main operational algorithm, enhanced order closing function. Now orders can be closed partially.