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EA trades on a continuation and reversal

Trading based trend continuation and reversal patterns.

Settings:

  • 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.
  • MarginPercentMax — maximum allowed margin for the EA as % of deposit.
  • SL_ — stop loss in points.
  • SL_Bar — stop loss calculation according to Highs and Lows of bars (if SL_=0).
  • SL_Min — minimum allowable Stop Loss.
  • 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_Min — minimum allowable take profit.
  • TP_Max — maximum allowable take profit.
  • Profit_loss_min — minimum allowable profit to loss ratio.
  • Profit_loss_max — maximum allowable profit to loss ratio.
  • DoubleOpen — entry option in case of a repeated signal (0-7).
  • Tral_Start — distance to start trailing.
  • Tral_Distance — trailing distance (if 0 trailing is enabled).
  • Position_Tral — position trailing as % of deposit.
  • Topping_max — maximum allowable number of additions to a position.
  • Topping_step — distance in points between the additions.
  • EquityLossMaxPercent — maximum allowable position drawdown (this increased position will be closed).
  • 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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