Element - is an Expert Advisor that uses a unique order processing algorithm that has no analogues - "Parts closing many positions", allowing to close positions in parts both by take profit and stop loss. The advisor not use grid and martingale. Each order has a take profit and stop loss.
Element works on built-in signature indicator showing the coming reversal or change trend.
The advisor is designed to quickly increase the balance, while it has an increased risk of getting a margin call. It is recommended to divide the main deposit into several parts in order to use them for new starts. It is also recommended to timely withdraw profit.
Reccomend set at comment #376
Real account monitoring, as well as my other products, can be found here: https://www.mql5.com/en/users/mechanic/seller
The product works both on 4 and 5-digit quotes. Specify values in points like for 5 decimal places in the input parameters, and it will automatically recalculate everything for 4 decimal places.
- Buy - enable/disable buy direction.
- Sell - enable/disable sell direction.
- MaxOrders - the maximum number of orders.
- Start_Hour - time from which advisor is allowed to open positions.
- End_Hour - time until which advisor is allowed to open positions.
- Initial lot - lot.
- Period Indicator - indicator period.
- Seconds - the adviser will open several positions on one bar, if you set the time in seconds here, after how much he is allowed to do it.
- Part TP - how many parts the order will be closed by take profit.
- Distance TP - after how many points the parts will be closed by take profit.
- Part SL - for how many parts the order will be closed with stop loss.
- Distance SL - after how many points the parts will close by stop loss.
- Signal Bar - work on the current bar or only on open bars.
- Close from reverse signal - enable/disable close positions from the reverse signal.
- Max spread - maximum spread in which the advisor is allowed to open and close positions.
- Show Statistics - show/hide statistics.
- Show Button Close - enable/disable the button for closing orders.
- Magic EA - magic number for the Expert Advisor to identify its positions.
Fixed errors in calculating 4-digit quotes