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SMak ZigZag EA

5

The signal to open BUY or SELL orders is formed based on the data received from the " SM ZigZag "indicator. As soon as the indicator shows the formation of a downtrend (red line), the Expert Advisor places a BUY order with the set lot (the ability to choose in the settings whether it will be fixed or dynamic).


After placing the first BUY order with the initial lot, until the indicator has formed a blue line (an uptrend), the next BUY orders are placed after a certain step, which is changed according to the coefficient and with an increase in the lot, according to the coefficient.

All this continues until the " SM ZigZag " indicator forms a blue line (an uptrend). As soon as the trend change line is formed, all orders that were opened are closed and the process of placing SELL orders begins, according to the same scheme as the previous one with BUY.

The second indicator, " SM trend cloud ", has an equally important task. It forms "clouds" of two colors, green – an uptrend and orange – a downtrend. So, if a BUY order command is formed on the first indicator, i.e. after the formation of the red line, and the cloud of the second indicator is green, the step and lot increase coefficients work as described above. If the cloud is orange, the lot and the step of subsequent orders of this series are equal to the first value, i.e. they are not multiplied by coefficients, but correspond to the initial values with equal intervals and Lots with an unchanged lot. These actions are necessary to reduce the drawdown in the event of a sudden trend reversal.

The Expert Advisor has a control panel located on the chart (the orientation is adjustable). In the strategy tester, changes to the input data on the penel do not work. To perform optimization, you need to disable:

"ShowPannel" = false

"Draw_ZigZag" = false

"Draw_AndZadC" = false

Due to the fact that the Expert Advisor has built-in indicators, there is a slight delay at the beginning of testing (if you do not disable the indicators, as described above).

The settings of the Expert Advisor and the built-in indicators are intuitive and simple. There are several nuances that you should consider when setting up:

When "ReverceClose" = false

Stop and Take - real bets are placed

Thrall is working

MoneyTP, MoneySL, PercentTP,PercentSL-DO NOT work

When "ReverceClose" = true

Stop and Take - virtual bets are placed

The thrall DOESN'T work

MoneyTP, MoneySL,PercentTP, PercentSL - work

The Expert Advisor is perfect for those traders who like to participate in the trading process, monitor its process. I kindly ask you to soberly assess the risks and comply with the rules of Money Management and Risk Management!

The recommended timeframe is D1


Recensioni 1
nikolas1163
276
nikolas1163 2022.04.29 13:38 
 

Excellent EA, if configured with correct parameters and proportionates to the capital it produces exceptional gains with very low drawdowning on the DEMO platform. In the next few days I will working in REAL and will update this review. Congratulations to the author!

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benvenuto a       Versione GoldExcel EA MT5   , trading valido per la coppia di valute XAUUSD (GOLD) di oggi. È stato progettato dal nostro team per gestire account regolari, account sponsorizzati e attività. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:  https://www.mql5.com/en/si
Trade Fusion
Tajammul Hussain
5 (3)
Live Signal available here:  https://www.mql5.com/en/signals/2223440 Cari Trader, Sono entusiasta di presentarvi il nostro nuovo consulente esperto rivoluzionario, "Trade Fusion" - una soluzione all'avanguardia destinata a trasformare il mondo del trading automatizzato. Trade Fusion è il risultato di mesi di ricerca intensiva, sviluppo e rigorosi test, che combinano la tecnologia all'avanguardia con le strategie di trading più sofisticate per offrire un'esperienza di trading senza precedenti. C
SSX Titan TT
Artem Minchuk
3.28 (47)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.79 (139)
Presentazione       Quantum Trade EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni, Quantum Trade       EA è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installa
Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente dal broker Si sviluppa indipendente Mostra backtest mol
Hercules AI
Aleksandr Chebotaev
5 (4)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Darwin SWING Prezzo di lancio 999 USD, prezzo futuro 1490 USD DESCRIZIONI : -- Per capire come funziona, leggete il blog (Questo EA riflette la mia filosofia di trading sul forex... Se vi piace il mio modo di vedere le cose, allora vi piacerà il mio EA. Prendetevi il tempo per farlo! (Il Forex non è una gara): https://www.mql5.com/en/blogs/post/745790 -- Per vedere le performance passate ecco i link ai segnali Segnali live e demo: https://www.mql5.com/en/users/tradedeal/seller
Dark Algo MT5
Marco Solito
5 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
Altri dall’autore
SMTrendLine
Sergei Makarevich
4.67 (3)
The SMTrendLine indicator is based on the principles of graphical construction of Bollinger bands. Graphically, the Bollinger is two lines that limit the price dynamics from above and from below, respectively. These are a kind of support and resistance lines, which most of the time are located at levels far from the price. As we know, the Bollinger bands are similar to the envelopes of moving averages. The difference between them is that the envelope boundaries are located above and below t
FREE
SM ZigZag
Sergei Makarevich
It so happened that it is no longer necessary to write about the principles of operation of indicators of this type. The presented indicator redraws the trend direction until it changes to the opposite. whether this is right or not is up to you to judge. It works well together with SM trend Cloud, which is implemented in the SMak ZigZag EA  and Pyramid EA  Expert Advisor code. When these two indicators work together, it is possible to determine the further trend movement with a high degree of pr
FREE
SM trend cloud
Sergei Makarevich
In the SM Trend Cloud indicator, two buffers are used for calculation and rendering. One of the main advantages of this tool is its simplicity, while its signals can be quite accurate. But, again, we have a trend indicator in front of us, and therefore it will generate false signals mainly in conditions of consolidation. At the same time, I do not advise using the indicator in its own form, there is no way to do without additional filters. As an additional signal, I suggest using ZigZag indicat
FREE
Golem EA
Sergei Makarevich
The SM_GOLEM EA Expert Advisor is designed to work on accounts with an initial deposit of 100 units or more. On cents, it is desirable to use at least 3000 units. The algorithm of the Expert Advisor works as follows: entering a trade at the beginning of the bar with a growing signal of the ROC oscillator, exiting the market at the end of the bar when the CCI (Commodity Channel Index) is below the level line. The Expert Advisor was optimized on an hourly timeframe, since it was supposed to be us
Pyramid EA
Sergei Makarevich
The Expert Advisor is based on the work of two indicators SM ZigZag and SM trend cloud . The signal to open BUY or SELL orders is formed based on the data received from the " SM ZigZag "indicator. As soon as the indicator shows the formation of a downtrend (red line), the Expert Advisor places a BUY order with the set lot (the ability to choose in the settings whether it will be fixed or dynamic). After placing the first BUY order with the initial lot, until the indicator has formed a blue
Pyramid OM
Sergei Makarevich
Pyramid Order Manager is a utility based on the work of two indicators SM ZigZag and SM trend cloud . With the help of this utility, the trader has the opportunity to set instant or pending orders on the chart in a short time with his lot, take profit and stop loss, as well as the number of orders in the grid, the coefficients of the lot and step change. The utility has two built-in indicators, listed above, with the ability to disable them. A distinctive feature of this utility is the poss
SM ZigZagSAR
Sergei Makarevich
The ZigZag indicator, which has already become common and familiar to any trader, has acquired new forms and received additional reinforcement by including the results of Parabolic SAR analysis in its team. The tandem of these two indicators shows excellent accuracy in determining the direction of the trend and timely receiving a signal about its reversal. The main signals on the chart are red and blue markers (if desired, the colors can be changed). Blue marker - we start selling, red-purchases
Filtro:
nikolas1163
276
nikolas1163 2022.04.29 13:38 
 

Excellent EA, if configured with correct parameters and proportionates to the capital it produces exceptional gains with very low drawdowning on the DEMO platform. In the next few days I will working in REAL and will update this review. Congratulations to the author!

Sergei Makarevich
7799
Risposta dello sviluppatore Sergei Makarevich 2022.04.29 16:45
Спасибо за Вашу оценку))) Удачи и профита!
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Versione 1.1 2021.09.13
minor changes