EA Alex

The Expert Advisor contains multiple trading strategies, including news trading, use of indicators, price velocity and various built-in filters.

The EA places pending orders.

It has successfully completed stress testing.

• No Martingale
• No Arbitrage
• No any other risky strategy inside
• No scalping

Key Features:

• It can work with a small deposit.
• Only pending orders.
• Every trade has a tight SL
• Profit in Trailing, but TP is also used.
• Can work with fixed lot and MM.
• Does not open orders with a high spread.
• News trading is possible.
• SL correction.
• All pending orders will be deleted on Friday 18:00 Broker Time

Recommendations

1. Before using on a live account, test the EA with minimal risk.
2. Use VPS or hosting server with minimal network latency to the broker's server.
3. Low spreads = low commission + high quality execution are important when choosing a broker to trade.
4. EURUSD.
5. Timeframe - H1.
6. Maximum spread 10 points
7. Maximum stop level below20 points

Parameters

• Setting EA — Expert Advisor parameters.
• Order Type — Trade direction.
• Invest More — If this is true, the lot size will increase when account balance grows (Risk Management).
• Invest Risk — Lot size increase based on the balance value (Risk Management in %).
• Lot — Fixed Lot (if "Invest More" = false ).
• Use Smart StopLoss — If this is true, Stop Loss will be adjusted according to price movement.
• Take Profit — Take Profit in points.
• Stop Loss — Stop Loss in points.
• Use Trailing — If this is true, profit will be protected with a trailing stop.
• Trailing Stop — Trailing points when the position is in profit.
• Trailing Step — Trailing step when the position is in profit.
• Use Break Even — If this is true, the Stop Loss price will be moved to breakeven when price is above target points.
• Breakeven Target PipsInp — If the price exceeds the value, breakeven triggers.
• Breakeven Jump PipsInp — Stop Loss moves to breakeven at this distance.
• Magic — Order magic number.
• Slippage — Allowable slippage before an order triggers.
• Max Spread — Maximum Spread allowed before pending order triggers.

• Trading time — Time based filter.
• Use time — If true, trades at a certain time.
• 0 = time server, 1 = time PC.
• time string — Enter comma separated time values, like 00:30,18:30 = trade from 00:30 to 18:30.

• Limiter time — Start time on Monday and end time on Friday.
• Use time — If true, trades at a certain time.
• 0 = time server, 1 = time PC.
• Inclusion in Monday — time of operation start on Monday.
• ff on Friday — time of operation end on Friday.

• stade_1 — The EA uses 6 adjustable trade stages.
• Use_stade_1 — If true, use the first stage.
• Bar_size_stade_1 — Distance between bar high and low.
• step_order_stop_stade_1 — Distance between orders in points.
• quantity_orders_stade_1 — Number of orders.
• Smart_StopLoss_stade_1 — Smart Stop Loss
• Stop_Loss_stade_1 — Stop Loss.
• Trailing_Stop_stade_1 — Trailing points when the position is in profit.
• Trailing_Step_stade_1 — Trailing step when the position is in profit.
• Breakeven_Target_PipsInp_stade_1 — When price is above this value, breakeven triggers
• Breakeven_Jump_PipsInp_stade_1 — Stop Loss is moved using this value to breakeven