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Fractals bot pips

This grid-based Expert Advisor works using Fractals indicator signals.

  • Buy signal: Fractals below Open at the second bar.
  • Sell signal: Fractals above Open at the second bar.


Recommendations

  • A standard trading account, a reliable computer with a stable interned connection or VPS;
  • Balance no less than 10000 or a cent account with 100 (10000 cents);
  • Minimum setup.


Settings

  • RiskBalance - risk percent of balance per lot (1% 10000=0.01, 100000=0.1),0 - MinLot;
  • MinLot - initial deal volume. If RiskPercent is on, lot is calculated based on balance;
  • MaxLot - maximum deal volume for the grid. Step = 0 - when reached, start again from MinLots or RiskBalance;
  • LotMultiplier - lot multiplier after an unprofitable deal, or if Step is greater than 0, function for the grid of orders. (Martingale), 1 - disabled;
  • LotMultiplier2 - lot multiplier after a profitable deal, if Step = 0. (Martingale), 1 - disabled;
  • Step - distance between orders in points if the price goes to an unprofitable direction, a new trade will be opened, 0 - disabled;
  • Stop - loss percentage of the open positions on the chart, the EA will stop its operation and resume on Monday or EA restart, 0 - disabled;
  • StopLoss - stop loss only for the first order Step = 0, 0 disabled;
  • TakeProfit - profit in points, 0 - disabled;
  • TrailingStop - fixed size of the trailing stop, if 0 - trailing stop is disabled, move Stop Loss to breakeven.
  • TrailingStep - trailing stop step for following the price;
  • DefaultCommission - commission per one lot (100 000), 0 - disabled.
  • MaxSpread - allowed spread. If the spread is higher, the EA will not open the deal, 0 - disabled;
  • Modetickvalue - fixing profit, minimal price change of the instrument in deposit currency of all deals, true/false;
  • CloseSignal - close deals by signals, true/false;
  • NewBar - open and close deals on new bar, true/false. (StopLoss, TakeProfit, TrailingStop, Modetickvalue do not affect);
  • TickVolume - does not work in the tester, uses 5 minute bar, if the Volumes indicator deviates at the open of a new bar, the EA will not open a trade, true/false.
  • TimeIntervalSekundsOpen - interval between closing and opening trades, in seconds, 0 - disabled;
  • CloseTradesOnFriday - close deals on Friday, start trading on Monday: true/false;
  • FridayCloseGMTHour - close hour on Friday (GMT);
  • FridayCloseGMTMinute - close minute on Friday (GMT);
  • MondayStartGMTHour - open hour on Monday (GMT);
  • MondayStartGMTMinute - open minute on Monday (GMT);
  • Magic - each chart has its own magic number for deals;
  • InfoDisplay - show information on chart: true or false;
  • UseSound - a sound alert when a trade is opened: true or false.
  • SignalPrice1 - signal towards the price, above - sell, below - buy, true/false.
Ovidiu Caslariu
7845
2016.06.05 20:53 
 

User didn't leave any comment to the rating

Version 5.1 - 2017.07.04
The timer is set to 1 millisecond.
Modification:
Opening error 131: MaxLot will be reduced to the minimum allowed lot. It will return to the specified value when all trades are closed, in case there was an error.
Added:
UseButton - the CLOSE SYMBOL and CLOSE ALL buttons, true (yes), false (no).
Fixed bugs.
Version 5.0 - 2017.06.23
Timer increased to 100 milliseconds.
Opening error № 131 MaxLot will be reduced to minimum allowed lot, on Monday it will be increased to the minoimum allowed lot if there was an error.
The following functions have been modified:
TakeProfit, StopLoss, TrailingStop.
RiskBalance - risk percent of balance (1% 10000=0.01, 100000=0.1), 0 - disabled.
Modetickvalue - fixing profit, minimal price change of the instrument in deposit currency of all deals, true/false;
DefaultCommission - commission per one lot (100 000), 0 - disabled.
Added functions:
SignalPrice1 - signal towards on price, above - sell, below - buy, true/false.
Version 4.50 - 2017.04.12
Added the CLOSE SYMBOL and CLOSE ALL buttons.
No more than 8 EAs can be run on one trading account.
Added parameter Stop - loss percentage of the open positions on the chart, the EA will stop its operation and resume on Monday.
TimeIntervalSekundsOpen - interval between closing and opening trades, in seconds, 0 - disabled.
Version 4.10 - 2017.03.07
Fixed an error with the LotMultiplier after a profitable trade.
Version 4.0 - 2017.02.24
A timer added, now the EA is updated once per 1 millisecond.
Added functions.
RiskPercent - risk percentage, true or false.
RiskBalance - risk as percent of account balance (1% 1000=0.01, 10000=0.1, depends on your trading account).
LotMultiplier2 - lot multiplier after a profitable deal, if Step = 0. (Martingale), 1 - disabled.
Step - distance between orders in points if the price goes to an unprofitable direction, a new trade will be opened, 0 - disabled.
UseCommissionCorrection - commission, true/false.
DefaultCommission - commission per one lot (100 000).
CloseTradesOnFriday - close deals on Friday, start trading on Monday: true/false.
FridayCloseGMTHour - close hour on Friday (GMT).
FridayCloseGMTMinute - close minute on Friday (GMT).
MondayStartGMTHour - open hour on Monday (GMT).
MondayStartGMTMinute - open minute on Monday (GMT).
Magic - each chart has its own magic number for deals.
MaxSpread - allowable spread. If a spread is higher, the EA does not work, 0 - disabled.
NewBar - open and close deals on new bar, true/false. (StopLoss and TakeProfit not affected).
CloseSignal - close deals by signals.
TickVolume - uses 5 minute bar, if the Volumes indicator deviates at the open of a bar, the EA will not open a trade, true/false. (StopLoss and TakeProfit not affected).
InfoDisplay - show information on chart: true or false.
UseSound - a sound alert when a trade is opened: true or false.
Removed functions:
Slippage - acceptable slippage.
OnlyOneOpenedPos - only one open position at a time.