Trend Correction Free

3.5

The adviser finds the trend of the currency pair on a given number of bars, then determines the time of the onset of correction. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the adviser can open a trade in the direction of the trend, if additional indications of indicators confirm the opening of the trade. You can set different correction values ​​and many other parameters. This version of the Expert Advisor is free, it has limitations: the starting lot cannot be higher than 0.1; can only trade on H1, M30 timeframes; fewer adjustable parameters, unlike the extended version, there is no trailing stop. To trade without these restrictions, use the enhanced version of the advisor:

https://www.mql5.com/en/market/product/36953

Advisor Parameters:

  • Lots - lot size;
  • MaxSpread - the maximum spread for opening a trade (for accounts with a floating spread, so that a trade is opened when the spread is not too large);
  • Magic - a unique identifier (it is necessary to do it differently, if several advisers are running in one terminal);
  • StopLoss - stop loss (in points);
  • TakeProfit - take profit (in points);
  • Stop to breakeven after - set stop loss to breakeven after passing the specified number of points;
  • CountBars - the number of bars for trend search and correction;
  • BarsShift - maximum shift of bars when searching for a trend from its beginning;
  • MinPriceDistance - minimum trend distance in currency pair units for opening a trade;
  • PercentCorrection - percentage of correction (recommended from 0 to 62);
  • AdxPeriod - period of the ADX indicator;
  • MinAdxLevel - the minimum level of the ADX indicator;
  • Trading start hour - the hour to start trading;
  • Trading end hour - the hour of the end of trading;
  • PeriodCCI - period of the Commodity Channel Index indicator (0 - do not use this indicator);
  • LevelsCCI - Commodity Channel Index (CCI) indicator levels;
  • PeriodADX2 - period of the second indicator ADX;
  • CCIAndADX2 - dependence of the CCI levels on the second indicator ADX;
  • PeriodRSI - period of the indicator Relative Strength Index (0 - do not use this indicator);
  • StepPeriodRSI - step for changing the period of the Relative Strength Index indicator;
  • LevelRSI - level of the indicator Relative Strength Index;
  • FastOptimizationParameter - The parameter of quick optimization of the adviser. The higher the value, the faster the optimization, but the quality of the trade is worse. The recommended values ​​are 1 or 0 for trading. For primary optimization, you can set the values ​​from 2 to 10.
  • ProfitToLossRatio - allowable profit to loss ratio (0 - not specified, as well as further parameters);
  • IncLotAfterProfit - increase the lot after the profitable closure of the previous transaction;
  • DecLotAfterLoss - reduce the lot after the unprofitable closing of the previous transaction;
  • MaxLossCount - maximum number of losing trades, after which to stop trading (0 - not specified);
  • ShowInfo - show information.








Avis 2
Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.03.26 14:45 
 

Good job.

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Juvenille Emperor Limited
4.2 (5)
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3 (1)
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This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
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5 (3)
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It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Alexander Nikolaev
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5 (2)
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Alexander Nikolaev
5 (3)
The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines. Parameters History - maximum number of bars to plot channels or lines; Distance - minimum distance from one High (or Low) to another when plotting lines; Shift - shift for sever
The Expert Advisor looks for the bars followed by price rises or falls. It analyzes how often rises and falls occur after similar bars and makes trades based on that analysis. The market changes frequently but the EA is able to adapt to the changes performing analysis right during trading. Input Parameters Lots - lot size (if 0, a lot is calculated based on the percentage of account free margin); Percentage of free money - the percentage of free margin to open each new trade (applicable when Lo
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vve2003
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vve2003 2023.03.07 20:50 
 

Нет результатов

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.03.26 14:45 
 

Good job.

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