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Catch Speed Pro

The Expert Advisor catches big market impulses.

Operation principle: when the price makes a sharp move, an order is opened in the movement direction and closed by a trailing stop.

Algorithm: the robot sets two pending orders (Buy Stop and Sell Stop) in both directions. If no pending order is activated after a certain time, they are corrected. If one of the orders is activated, it is closed by a trailing stop.


Requirements

  • Symbols: GBPUSD, EURUSD;
  • Timeframe: any;
  • Leverage: from 100;
  • Recommended deposit: $100 and higher.


Parameters

  • MagicNumber - magic number;
  • Risk - dynamic lot (recommended 0.05);
  • StopLoss_and_Trail - stop loss and trailing stop level (from 50 to 1000);
  • Distance - distance to place pending orders (from 2*STOPS_LEVEL to 20*STOPS_LEVEL);
  • RefreshTimeInSeconds - refresh time of pending orders, in seconds (from 10 to 1000);
  • FridayHourOFF - hour to disable the EA on Friday, disabled at 24 or higher;
  • Slippage - maximum slippage.
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This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closing them with a counter profit. This ensures that a profit is achieved in each trend. EA also accompanies trades opened in manual mode
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The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! Pinpoint V1.9 Backtest data shows a 94% win rate over 17 years! Projected monthly profit of 2.5% a month (default settings) Trades every week Trades the EURUSD & G
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Versão 3.0 2018.01.30
Сode is optimized.
Versão 2.1 2018.01.26
Errors fixed.