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Pin bar Hunter

Ready-made trading system with a minimum of settings.

The EA should add to the M5 schedules the main currency pairs with low spreads (0.8-1.2):

EURUSD, EURJPY, USDJPY, GBPUSD, AUDUSD, NSDUSD, USDCHF, USDCAD.

In the process of work, the adviser monitors the appearance of a certain pin bar and then, under suitable conditions, also calculated by its algorithm, opens the corresponding order. The TP and SL levels are determined when the order is opened. Tracking the conditions for entry is carried out from 03:00 to 23:59 by the time of the terminal. At the same time, the EA starts opening orders only the next day after placing it on the chart - this is due to the logic of it's work.


The testing of the EA on the currency pairs used was made in the period 01/01/2018 - 25/08/2018. Its results are presented on the attached screenshots.

The Expert Advisor testing mode must be set to the "on every tick" option.

Due to the large ratio of the deposit to the starting lot size, the stability of the system is achieved, and its profitability is ensured by the trade of the adviser simultaneously for all the above mentioned trading instruments, as the profit for each currency pair is separately summed as a result in total profit.

Also, after the EA starts working on the chart, it is not recommended to perform any additional actions.


Options:

  • lot Init - starting lot size;
  • Magic Number - the identifier of orders;
  • Lot Multiplier - multiplier lot;
  • Max DD,% - the maximum drawdown on the current trading instrument, if the value exceeds the value of the next order in the series does not open, but opens with the starting lot size and already when the new condition for the entry comes:
  • N ord - the maximum number of orders in the series for a particular currency pair.
  • AddPoints - additional points for which the SL of the next order is increased;
  • UseVirtualTPSL - use virtual TP & SL;
  • TimeStart - the beginning of the time period allowed for opening orders;
  • TimeStop - the end of the time period allowed for opening orders;
  • ShowTradeComment - display of the general information panel on the chart;
  • HeaderColor - header background color;
  • BGColor - the color of the main background.
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バージョン 1.3 2019.01.11
Added the ability to install only virtual TP and SL.
バージョン 1.2 2019.01.10
Added the ability to configure the range of time allowed for opening orders.
バージョン 1.1 2018.10.02
Added general information panel to display on the chart.