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Tails catcher

The expert implements the strategy of "catching tails", earning on inevitable corrections after the beginning of a powerful trend. For the beginning of the trend, the moment of occurrence of a strong directed candle is taken. The order is opened in the opposite direction from the trend. If the price continues to go on a trend, then the level of the planned profit is shifted by implementing a grid of warrants, waiting for an inevitable correction or reversal of the trend.

To reduce risks, it is recommended to trade on different accounts using different currency pairs. For example, for trading the minimum lot, 10 accounts for $ 500. The minimum recommended deposit for each account is $ 300.

The input parameters in points should be set to the corresponding 4-digit quotations. For 3- and 5-digit quotes, the expert will perform the adjustment automatically. In the settings, you can turn off automatic adjustment.

Expert can be used on different symbols and different timeframes. You can run simultaneously on different graphics using different magic numbers.

At the beginning of work, the examiner searches for existing orders with the given magic number and tries to merge them into the grid. It is convenient in case of closing and reopening the terminal. This option can be disabled.

You can select the mode for increasing the lots.

The expert calculates the level of obtaining a given profit and displays it with a line on the graph. Also, the line marks the opening level of the next grid order. It is possible to install a virtual grid stop loss. By default, disabled.

Input parameters:
ParameterVariable name Explanation
====== EXPERT SETTINGS ====== 
Min body size of previous bar for the order opening minBodySigBarThe minimum size of the body of the signal candle, after which the order is opened. Set in points.
Desired profit of each deal userProfitThe planned amount of profit in points.
Step of opening the orders of the grid stepGridStep of opening the orders of the grid in points.
Starting lot startLotInitial lot. Lot of the first order of the grid.
Step of increase the lot (when the appropriate mode is selected) stepLotThe step of increasing the lot size for the next grid order. Used only when the appropriate mode is selected.
Magic number magicNumberMagic number of grid orders
====== OPTIONS ====== 
Auto recalculation of input data depending on the quotation autoQuoteAutomatic recalculation of input data depending on the quotation (3-, 4- or 5-digit).
Include existing orders at the beginning work includeOrdersTake into account existing orders when the expert starts (he searches for orders according to a given magic number).
Mode of the calculating the lot of the next grid order modeLotThe mode of calculating the lot for the next order of the grid:
  • Increase_lot_with_step — increase the lot with a given step (if the step is set to zero, the lot size will be constant);
  • Increase_lot_with_Fibonacci_numbers — increase the lot by non-linear law, using Fibonacci numbers;
  • Same_distance_to_takeprofit — increase the lot in such a way that the distance from the price of opening a new order to the take-profit of the grid was constant.
====== LOSS CONTROL ======  
 Loss value input mode modeLoss The mode of setting of grid stop loss:
  • Loss_in_percent_of_CURRENT_deposit — a percentage of the current deposit;
  • Loss_in_percent_of_START_deposit — a percentage of the initial deposit;
  • Loss_in_deposite_currency — in the deposit currency.
 Maximum loss in percent (0 - no loss control)  lossPercents The size of the stop loss of the grid in percent.
 Maximum loss in deposit currency (0 - no loss control) lossDepCurr The size of the grid's stop loss in the deposit currency.
====== LINES ======  
Color of take profit line The color of the display line of the level of obtaining the specified profit.
Style of take profit line Line style display of the level of obtaining a given profit.
Color of stop loss line The color of the line for displaying the stop loss level of the grid.
Style of stop loss line The line style for displaying the stop loss level of the grid.
Color of next order line The color of the display line of the opening level of the next grid order.
Style of next order line Line style display the opening level of the next grid order.


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Versión 1.3 2018.10.10
Fixed errors in the description of variables.
Versión 1.2 2018.10.10
- Added the ability to set a virtual grid stop loss. By default, disabled. There were implemented 3 stop loss setting modes: a percentage of the initial deposit, a percentage of the current deposit and in the deposit currency. You can customize the color and line style display stop loss.
Versión 1.1 2018.09.24
1. Убран флаг Fibo-lot. Вместо этого добавлена опция "Mode of the calculating the lot of the next grid order", с помощью которой можно выбирать режим вычисления лота для следующего ордера сетки.

2. Добавлен режим вычисления лота для следующего ордера сетки "Same_distance_to_takeprofit", при котором лот назначается таким образом, чтобы расстояние от нового ордера до тейкпрофита сетки было всегда одинаковым (заданным пользователем).