The Impact Drone EA is an automated trading robot which does not require permanent participation of a trader in trading processes. First the robot finds High and Low in several points of last days. Using these points it calculates trend channel direction and finds pivot levels of the previous day. Then it uses Parabolic-Sar and Moving-Average indicators to calculate BUY or SELL signals. All signals are filtered by the iVolume indicator. It sets stop loss and take profit after trade opening. If the price moves in profitable direction, trailing stop is enabled and stop loss is moved on the profit level.
Trailing stop works only on number of orders specified in the Orders_trailing parameter. When the order is in loss, Martingale opens (if set to True) with a step specified in Step_Orders. Martingale orders series is controlled by common trend channel. Martingale stops if orders are directed against the trend. When number of trades with one currency pair grows, size of averaging reduces by Step_reduction_averaging. You can set days of exit and trading time in settings. The robot is optimized for EURUSD, M5.
Parameters of the EA:
- Trade_in_Monday = True - trading on Monday.
- Trade_in_Tuesday = True - trading on Tuesday.
- Trade_in_Wednesday = True - trading on Wednesday.
- Trade_in_Thursday = True - trading on Thursday.
- Trade_in_Friday = True - trading on Friday.
- Start_Session_Hour=0 - trading session opening hour.
- Start_Session_Minute=1 - trading session opening minute.
- Close_Session_Hour=23 - trading session closing hour.
- Close_Session_Minute=59 - trading session closing minute.
- Take_Full_Orders = 200 - averaging on the total profit.
- Step_reduction_averaging = 50 - total profit decreasing step, while the number of orders is increasing.
- Orders_Trailing = 3 - number of orders to be tracked by trailing stop.
- TrailingStop = 120 - trailing stop.
- TrailingStep = 20 - trailing stop step.
- Multiplication_Lots = 0.9 - orders series lot modifier.
- Lots = 0.1 - initial lot.
- Maximal_Lot = 2 - maximum possible lot.
- TakeProfit = 900.0 - take profit.
- Stoploss = 900 - stop loss.
- Step_Orders = 100 - step of orders series placement.
- Maximal_Orders = 6 - number of orders in series.
- Martingale = True - enable martingale.
- Magic = 111 - order number.
- Slippage = 33 - slippage.
2. Added automated lot calculation depending on increase of deposit and risk value.
3. Changed pivot levels calculation depth on historical data.
4. Step of Martin series orders changes automatically depending on number of trades and account drawdown.