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IlanisMT5

Ilanis is an Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets.

To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage.

Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in the expected direction. This is done by increasing the lot based on Martingale (ExpLot coefficient can be set in the settings, usually from 1.1 to 1.8).

Trading is based on the idea that 80% of time the market is moving in a flat. Long trends can be dangerous for the Expert Advisor, but they are rare. Some extraordinary events, like war, economic collapse, etc., can cause such trends. Information about these events can be found on news sites. It is advisable to turn off the EA in such cases. If this fails, through a flexible system of money management the robot is able in most cases to bring the combined position (even those open against the trend) to profit, the amount of which may considerably exceed the initially planned one. Although risks are higher in this case.

The main rule when working with Ilanis: do not be greedy, do not increase the lot, use the settings obtained after a proper optimization. Do not forget to optimize parameters for the current market from time to time.



Trading Conditions

  • Trading terminal: MetaTrader 5.
  • Accounts that support hedging.
  • Currency pair: any.
  • Time frame: no restriction.


Parameters

  • Sets – override settings in ---=BUY SETTING=--- and ---=SELL SETTING=--- with the built-in presets.

---=BUY SETTING=---

  • BUY - Enables BUY.
  • PeriodFA1 - Calculation period of the FourAverage indicator (1-200).
  • Average1_1 - The first level of adaptive smoothing, a value of 0-300.

---=SELL SETTING=---

  • SELL - Enables SELL.
  • PeriodFA2 - Calculation period of the FourAverage indicator (1-200).
  • Average2_1 - The first level of adaptive smoothing, a value of 0-300.

---=MONEY MANAGEMENT SETTING =---

  • Lot - lot size of the first order. If the value is negative, it is used as a fixed lot (Example: Lot = -0.01 the trade will be opened with the size of 0.01 lot). If the value is positive, specify the volume per 1000 units of the deposit (Example: Lot = 0.04, deposit is $2000, the trade will be opened with the volume of 0.08 lot).
  • ExpLot - lot multiplier for the subsequent orders in a series.
  • Commission - your broker's commission for one lot.
  • StopLoss - stop loss in points of the first order in a series. Applies to all trades in the series.

--------=FILTER=--------

  • BlockOpenOldPrice - disable opening at a price better than the previous trade.
  • StopIlanis - disable opening new series, the current series will be continued.
  • StartHour - trading start time.
  • EndHour - trading end time.
  • TradingDayWeek - days of the week for trading.

---=ORDERS SETTING=---

  • MaxSpread - if the current spread is greater than this value, the trade will not be opened.
  • MagicNumber_ - beginning of the range of magic numbers occupied by the Expert Advisor. The EA occupies 50 numbers.
  • Slippage - acceptable slippage.
Oscar Ivan Trevino Elizondo
131
2018.04.04 12:36 
 

Excelente EA!!!

Aun que la mayor parte del tiempo le gusta trabajar con numeros negativos, solo cierra posiciones cuando les saca provecho.

Al principio solo meti una divisa, sin embargo por desesperado meti todas las divisas precargadas que tiene y eso acelero el proceso de ganancia bastante, pero como comente se la pasa con numeros negativos, asi que no hay que perderle la fe, pero si hay que tener suficientes fondos para poder trabajar con numeros negativos

Jonathan Moncini
134
2018.03.19 11:56   

Non metto le stelle perchè è troppo presto, sto usando IlanisMT5 su EUR/USD e GBP/USD e per adesso sto avendo un buon riscontro.

Proverò ad aggiornare la recensione nei prossimi mesi. Per adesso posso dire che è un' EA molto interessante . Good job Mikhail

Cr1st1aN
167
2017.12.05 13:43 
 

Great EA !!!

I'm using IlanisMt5 on a VPS with Windows and it works perfectly.

Many EAs are voracious for computing power while Ilanis is very light.

IlanisMT5 with the EURUSD pair works alone and without risk with 0.01 lots per 1000 units.

IlanisMt5 in expert hands can generate big profits on EURUSD.

Versión 3.4 - 2018.01.17
Fixed issues with closing the series for some brokers.
Versión 3.3 - 2018.01.11
1) Added built-in parameter presets for the major currency pairs.
2) Fixed errors that occurred when working with certain brokers.