This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters.
This Expert Advisor is intended for trading on EURUSD, however it can work on other currency pairs. You should use timeframe M1 for trading.
You should optimize only two parameters: Seconds_to_move and TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case), this can be observed on the screenshots.
It was not optimized on GBPUSD as the results of testing appeared to be good without optimization.
Parameters Bobra Adept
- Mode_trade (Market_Oders) - type of order placed.
- type_order (ORDER_FILLING_FOK) - type of order filling.
- Magic (123) - magic number.
- UseManualLot (false) - use or not fixed lotsize
- Lot (0.5) - fixed lot value
- LimitSpreadControl (false) - use or not spread control
- LimitMaxspread (5) - spread value
- Liquid_mode (true) - add new deals to open positions
- LiqMaxSpread (3) - spread control value
- NewStrategy (false/true) - Main option that activates the first strategy. deactivate/activate
- From_speed (1.2) - Minimal speed of quotes
- Lim_speed (15) - Max speed of quotes
- reset_time (4) - number of seconds to calculate speed
- From_distance (1) - distance in pips to calculate speed
- Safety_mode (true) - use or not Safe mode
- level (20) - distance in pips for stop orders
- TakeProfit=(200) in pips
- StopLoss=(200) in pips
- Virt_Trail (false) - use or not virtual trailing stop
- StartTrail (3) - distance in pips after which trailing stop is activated
- TrailingStop (3) - distance between SL and current price
- Barcontrol (true) - activate/deactivate new bar event control
- Virt_TPSL (true) - activate/deactivate use of virtual TakeProfit and Stoploss
- Easy_setup (false/true) - Main option that activate second strategy. deactivate/activate
- Risk_for_automaticLot - (10) means 0.1 lot per 1000$.
- Testermoneywithdraw (false/true) Tester withdraws 1500$ once the balance reaches 3000$. This option helps to know real drawdown.
- Lotfactor - lot increase for an opposite order.
- bars - number of bars to define volatility.
- mindistance - minimum distance to place orders.
- Maxsread - Max spread to place orders.
- Maxorders2 - Number of trades per direction.
- VirtTakeProfit - EA define exits by these values.
- VirtStopLoss - EA define exits by these values.
- Servertimefilter false/true - deactivate/activate time settings. EA define entries inside trading time ( example 21-3) but exits are performed all the time.
- StartHour 21, StartMinute 0 trading start time
- HoldHour 1 , HoldMinute 0. number of hours that ea searches for entries.
The screenshots demonstrate the parameters of Bobra Adept and the test results obtained with them. It is recommended to test this Expert Advisor with a broker that provides 5-digit quotes, or even better - with MetaQuotes-Demo.
Some Features of Bobra Adept:
- Automatic detections of the quotes precision.
- It considers the peculiarities of Market Execution (stop levels can be changed after opening the position).
- It shows good results on forward periods.
For My Customers:
Please write me a private message, I'll give you recommendations on trading on a live account.
Quality of trades improved
Added possibility to work on hedging accounts
Quality of trades improved
Possibility to work on hedge accounts
advanced_stops - this feature can provide partial close.
Easy_setup - true/false; keep true to activate
bars - number of bars to analize trades
mindistance - minimal distance to place a pending order
ishift - shifting a pending order according to number of the bar
exp_pending - number of seconds to delete a pending order
- Comments with actual speed and spreads for every trade
- Fixed issue with different entries on different vps (New_Strategy)
Added spikes filter
- Speed_out = true. EA exits trades by timer.
- speed_sec = 15. Seconds of the timer for the ea to close position
- delta = 0. Breakeven by timer.
- Liquid_mode = true. Increase position size using market orders (if true, set Maxorders to 1).
- Addpercent = 3. Percentage for increasing positions.
- liqMaxSpread = 3. Maximum spread for increasing positions.
- Safe_coef = 0.5 (max = 1). If = 1, you will earn more during big movements.
Would be useful for those who trade during news.
Deleted (we don't use those settings anymore):
- hide_SL = false;
- Pend_everybar = false;
- level_everybar = 15;
Fixed small errors.
- Added Hide SL parameter (SL is added to an open position)
- Added Safety_mode parameter (just make it = true).
- Added both_directions == true (EA opens grid in two directions).
- Added execution control.
- News catcher.
- Added pending mode.
Added function Safe_mode, that improve profit results.