Perforation Modify MT4

One of the main goals in the development of this Expert Advisor was ease of use. As a result, this EA has a minimum of parameters, which are easy to understand. At the same time, it is very flexible and customizable for almost for any instrument (currency pair).


The logic

According to the given algorithm, the EA determines local support and resistance levels (at startup, the previous quotes are disregarded). When a candle closes beyond any level, a deal is opened in the same direction. By default, take profit and stop loss are set at a ratio of 1:1, but you can change this in the parameters, if necessary. The maximum number of simultaneously open deals is 3. This is a safety measure, which prevents opening a lot of deals against when it reverses. If the price breaks through the resistance level and continues to move in the same direction, the EA will monitor the formation of a new support level. If it is formed, the deal will be modified - stop loss will be moved closer to the support level. Such manipulation allows minimizing losses. You can also use the trailing stop settings to protect profitable deals. It is possible to filter deals using the ADX indicator.


Parameters

  • UseADX - if true, trade filtering is enabled; false - ADX is not used.
  • StartHour - hour to start working in the active mode.
  • StartMinute - minute to start working in the active mode.
  • StopHour, StopMinute - time to stop working and to switch to standby mode. For trading around the clock, set all parameters to 0.
  • TrailPoints - the number of points in profit to modify a deal.
  • SLTrail - the number of points for breakeven. Trailing will be triggered only when a new candle is formed.
  • NoModSell - when set to true, open sell deals will not be modified when a new support level is formed. If set to false, there are no restrictions on the modification.
  • NoModBuy - the same logic as in the previous parameter. Only for buy deals.
  • Intellect - allow the EA to automatically make decisions on the modification of deals. Set to true to activate, set it to false to disable. In most cases, the use of this parameter has a good effect.
  • ProfitPlus - the stop loss and take profit are set a ratio of 1:1 by default. This parameter allows increasing the take profit value by the specified number of points relative to stop loss.
  • Lot - volume for every deal. The volume is fixed.

I hope you will agree that it is quite easy to understand these parameters.

Please note that quotes of different brokers may vary. So the results can be different.

Be sure to test, combine the parameters, optimize before use and the results will not keep you waiting.

Have a happy trading.

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Saints Row Aggressive Scalper est un Expert Advisor de trading haute fréquence (HFT) conçu pour les traders qui exigent une exécution rapide, des entrées précises et des performances constantes sur des marchés volatils. Conçu spécifiquement pour XAUUSD (Or) et USTEC (NASDAQ), cet EA est ingéniéré pour capitaliser sur les mouvements rapides des prix en utilisant une approche de scalping précise et agressive. Il performe exceptionnellement bien lors de la session de New York, où la liquidité et l
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Paulo Roberto Da Costa
Experts
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Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Experts
Présentation       Quantum Emperor EA   , le conseiller expert MQL5 révolutionnaire qui transforme la façon dont vous négociez la prestigieuse paire GBPUSD ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Achetez Quantum Emperor EA et vous pourriez obtenir Quantum StarMan   gratuitement !*** Demandez en privé pour
Vortex Turbo EA MT4
Stanislav Tomilov
5 (9)
Experts
Vortex Turbo — « Maîtrisez la tempête — contrôlez le Vortex » Vortex Turbo représente la prochaine étape de l'évolution du trading intelligent : une solution unique qui fusionne une architecture d'IA de pointe, une logique de marché adaptative et un contrôle précis des risques. Reposant sur des principes algorithmiques éprouvés, elle intègre de multiples stratégies au sein d'un écosystème unifié à haute vitesse, alimenté par une intelligence prédictive d'un niveau inédit. Conçue comme une solut
Forex GOLD Investor
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4.47 (51)
Experts
ULTIMATE SALE! Get Forex GOLD Investor with a huge –60% discount ! Special Ultimate Price: $217 (Regular Price: $547 — You Save $330!) Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strategy, the second system has time based dependency which opens up to 2 trades at a time and the third system is based on breakout strategy. It has been t
Big Forex Players MT4
MQL TOOLS SL
4.73 (44)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Nguyen Hang Hai Ha
3.1 (10)
Experts
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Experts
Recovery Manager Pro est un système permettant de récupérer les prélèvements d'autres conseillers ou de commandes ouvertes manuellement. RM Pro a la capacité de s’ajuster automatiquement et dynamiquement. Le trader doit sélectionner le niveau de risque et le conseiller travaillera en mode entièrement automatique. Peut fonctionner en mode de récupération et en mode veille ! Si un autre conseiller génère un prélèvement, RM Pro le désactivera, verrouillera la position et lancera le processus de re
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