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Unicorn

The strategy is based on working with the channel built by weighted average OHC and OLC prices. Entries are performed automatically both for a breakthrough and a roll-back.


The EA works by a new bar open prices, so that test/optimization results are as close to real trading as possible. It applies dynamic levels for setting new orders, stop loss, take profit and trailing stop invisible for a broker. Their values can be calculated in pips, money, % of the balance or by volatility (ATR).

The EA is designed for intraday trading with all major currency pairs on any timeframe. Depending on the settings, it can be used for any trading style: scalping, averaging, pyramiding, hedging, which makes it not just a trading robot, but a multifunctional flexible designer.

Each block responsible for management of a particular function can be customized separately and operate as a single unit. The EA can simultaneously manage and close oppositely directed positions (both single ones and order baskets), as well as interact with positions opened manually or by another EA (start managing deals distinguished by magic number). Since the EA works at a bar opening, it can be optimized quickly and easily.


Recommendations

  1. before using on a live account, test the EA with minimal risk on a cent account;
  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. use the EA on highly liquid currency pairs, such as EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD and NZDUSD;
  5. minimum deposit - 1000 currency units per 0.01 lots;
  6. timeframe H1.


Channel parameters

  • ChannelPeriod - number of bars to search for weighted average high/low prices;
  • ChannelMinRange - minimum channel width;
  • ChannelBoundary - distance to channel borders to determine market entries.


Main parameters

  • StartTime, StopTime - time for opening orders, not used if 00:00;
  • LotsFor1000 - initial lot size per 1000 units of base currency;
  • ATRPeriod - period for calculating the average daily volatility, in days;
  • TradeDirection - trading method: trade in one or both directions simultaneously;
  • OrderOpenMode - calculation of step for opening orders: in pips, in deposit currency, as a percentage of the balance or as a percentage of ATR;
  • GridStep, GridStop - position averaging step, 0 - not used;
  • PyramidStep, PyramidStop - position increase step, 0 - not used;
  • HedgingStep, HedgingStop - position hedging step, 0 - not used;
  • CountingOrders - order counting: each series separately or the total number of orders in different directions;
  • GrowingVolume - scale in to positions by the amount of orders or by lot increment;
  • IncreasingLot, DecreasingLot - increase/decrease the lot by the specified percentage, not used if -0;
  • StartIncrease, StartDecrease - position to start increasing/decreasing the lot;
  • MaxLotFor1000 - maximum lot per 1000 units of base currency;
  • LevelsMethod - setting take profit/stop loss: separately for short and long positions or for the entire basket of orders;
  • LevelsMode - calculation of take profit/stop loss: in pips, in the deposit currency, as a percentage of the balance or as a percentage of ATR;
  • StopLoss, TakeProfit - stop loss and take profit, 0 - not used;
  • TrailingMethod - trailing stop method: separately for short and long positions or for the entire basket of orders;
  • TrailingMode - calculation of trailing stop: in pips, in the deposit currency, as a percentage of the balance or as a percentage of ATR;
  • TrailingStart - minimum profit for enabling trailing, 0 - not used;
  • TrailingStop, TrailingStep - trailing stop and trailing step;
  • MagicNumber - magic number, the EA manages all positions opened manually or by another expert if set to -1;
  • TradeComment - trade comment.


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lizhi fu
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5 (9)
Current price of $50 for a limited time! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
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Volodymyr Hrybachov
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This Expert Advisor is designed for effective investment management and medium-term trading. Unlike the usual version of Butterfly , it starts working when the minimum required number of High/Low bars are within the specified price range. The strategy is based on the assumption that the market bounces in the opposite direction several times before the big bids are satisfied. Do not use martingale, grid and other high-risk trading strategies similar to overstaying drawdown by keeping unprofitable
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Volodymyr Hrybachov
The Expert Advisor strategy is based on the moving average channel breakthrough. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels; Cu
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5 (1)
New version of the semi-scalper multicurrency Expert Advisor that uses an advanced adaptive trading strategy based on a position averaging. It uses a completely different strategy for market entries. The new version features a new function – total trailing stop of the opened positions by equity in the deposit currency or as a percentage of profit. A virtual trailing stop can be applied to the first opened trade. A stop loss can be used to protect the capital. The product is designed for 4 and 5-
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This scalper Expert Advisor uses instant execution pending orders. No grid and martingale. Each trade is protected by a tight stop loss. It is designed for 4-5-digit quotes. The EA is recommended for use on EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, and EURCHF. VPS is required for flawless operation, minimum deposit is 100 units of the base currency. Timeframe – from M15 to H4. Optimization tip! Only several parameters should be optimized for the period of the last f
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Versão 1.1 2022.03.04
update for new build