PriceActionAi InsideBar SPA
- Asesores Expertos
- Quang Vu
- Versión: 1.0
This EA is intended to assist with surveying and trading performance statistics with InsideBar.
Caution: This EA should be used for testing, statistical and analytical purposes. It is not recommended to use it as a true trading robot, unless you have an effective plan with it.
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Conditions of entry
Only one order at a time can be opened, at the end of the order can the next order be opened
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BUY order conditions
Meet the qualified Bullish Insidebar according to configuration parameters
In Reverse mode, the SELL command will be opened instead of the BUY command.
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SELL order conditions:
Meet the qualified Bearish Insidebar according to configuration parameters
In Reverse mode the BUY command will be opened instead of the SELL command.
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Configuration parameters
2.1. Basic parameter group
A. System Settings
- Day of week: Day of the week
- Trading Hours: Hours of the day
- Minute Min: From minutes
- Minute Max: Up to the minute
- Magic number: EA ID number
B. Trading Settings
- Balance stop percent (0 = No Stop): Trade stop level. Once the profit / loss is loaded at this%, the EA will stop running.
- Reverse: Reverse
- Spread Limit (in points): The maximum spread when checked for entry
- Slippage Limit (in points): Maximum price slide when entering the order
C. Volume Settings
- Money management (LOT or RISK): Capital management
- In the case of choosing LOT: The value for money management: is quantity (eg: 0.01)
- In the case of choosing RISK: The value for money management: is a percentage (Example: 1)
D. SLTP Settings
- Stop Loss (in pips): Stop loss
- Take Profit (in pips): Take Profit
E. Trailing Stop Settings
- When the current bid / ask price is about 1 distance from the initial set SL point by Trailing Stop + Trailing Step, then drag SL 1 about Trailing Step, following the direction of trend development.
- Trailing Stop (in pips, 0 = No Trailing): Stop loss
- If Trailing Stop is 0, this function will not work
- If Trailing Stop is different from 0, then Trailing Step must be entered
- Trailing Step (in pips): The jump range of the SL
2.2. Parameter group characteristic
Insidebar Trading Settings
Insidebar Mode: Option to trade with
Bullish Insidebar
Bearish Insidebar
Both
HiLo Min Ranger (in pips): Minimum distance between high and low candles. (in pips)
Body Min Percents: The smallest percentage of body compared to the candle
Good luck and Happy trading.
