- The Swing strategy can be used on TF H1 or M30, or also on M15 or M5 (more trades but higher risk)
- The Gap strategy is recommended on M30 or H1
- The Sup./Res. strategy is recommended on M30, H1 or H4
This is not a scalping robot. It will be traded at all brokers with quotes accurate to points. The optimum Lot setting is 0.02 for every 500 USD (AutoLot = 500).
Default settings can be used for EURUSD, GBPUSD and USDJPY on the M30.
Do not use this EA with a broker who averages multiple positions into one position !
- UseSwing - Trading the Swing strategy
- Swing_TimeFrame - Time Frame for Swing
- UseSR - Trading the Support and Resistance strategy
- SR_TimeFrame - Time Frame for SR
- UseGap - Trading Gap strategy
- Gap_TimeFrame - Time Frame for Gap
- MinGap - Minimum gap size in points
- Start trading, hour - you can set trading time
- Start trading, minute - you can set trading time
- End trading, hour - you can set trading time
- End trading, minute - you can set trading time
- Start pause, hour - you can set pause / no trading
- Start pause, minute - you can set pause / no trading
- End pause, hour - you can set pause / no trading
- End pause, minute - you can set pause / no trading
- Use Close time - Turns on Close time function
- Close time, hour - Close all trades at this time each day, hour
- Close time, minute - Close all trades at this time each day, minute
- Max.spread size - maximum allowed spread size
- Max.total of trades - maximum number of open trades
- Execution Order Type - order execution type (contact your broker if necessary).
- ORDER_FILLING_FOK - means that an order can be executed only for the specified volume.
- ORDER_FILLING_IOC - an agreement to execute a deal at a volume maximally available in the market within the volume specified in the order.
- ORDER_FILLING_RETURN - after a partial execution, a market or limit order with the remaining volume remains active.
- Trades BUY - allows trading long / BUY
- Trades SELL - allows trading short / SELL
:::::::::: Money management:::::::::::
- Lot - primary Lot size
- AutoLot - automatic Lot calculation based on account size
- Lot x - multiplication Lot of next trade
- TP all trades - when more than one store is opened, all closes in this profit in points
- Multipair closing - allows closing of trades on other markets (loss vs. profit)
- TP - Target profit in points
- SL - Stop Loss in points
- TP1 Lot% - closes part of a trade in profit, set % of Lot
- TP1 - closes part of a trade in this profit of points
- SL1 Lot% - closes part of a trade in loss, set % of Lot
- SL1 - closes part of a trade in this loss of points
- SL on BE - in this profit (in points) moves SL to the opening price of the trade
- SL on BE + - "SL on BE" function moves SL to this profit in points
- TrailingSL start profit - in this profit in points begin to move the SL
- TrailingSL distance - moves SL at this distance from the current price
- TrailingSL step - moves SL after these steps, in points
- TrailingTP start loss - in this loss in points begin to move the TP
- TrailingTP distance - moves TP at this distance from the current price
- TrailingTP step - moves TP after these steps, in points
- Magic - the identification number of trades
- comment - a comment to trade
Example for AutoLot function:
- Lot = 0.02
- AutoLot = 500
- Your account balance is 1000
The trade size will be 0.04 Lot
- Your account balance is 1500
The trade size will be 0.06 Lot
- Your account balance is 2000
The trade size will be 0.08 Lot
Example for Multipair closing function:
It tracks trades of the whole account, which have same the first two numbers of the Magic numbers.
- EURUSD - Magic 5511 - trade BUY is loss 100 points
- GBPUSD - Magic 5522 - trade SELL is profit 130 points
The first two numbers of the Magic numbers are the same (55), so both trades will be closed at a total profit of 30 points (setting TP all trades = 30)
Notice: This EA can open multiple trades in one direction on one pair. It can cause a drawdown.
Profits earned in the past are not a guarantee of profits in the future!
Trades BUY - allows trading long / BUY
Trades SELL - allows trading short / SELL