Averager NEW

Expert Advisor Features

• trailing profit in the deposit currency (Trailing Stop Money)
• closing by a profit or loss in the deposit currency
• opening orders at a specified time
• managing positions opened manually or by another Expert Advisor
• calculating initial lot based on the current balance
• limiting the maximum lot volume
• choosing trading type
• several types and methods of averaging
• visually displays the current breakeven price, draws horizontal lines "Line break even BUY"-blue, "Line break even SELL"-red

Parameters

Trading time settings

• "Opening in hours", "Opening in minutes" - trading start time, after which position opening is allowed.
• "Closing in hour", "Close in minutes" - trading end time, up to what time position opening is allowed.

Trading time does not affect profit trailing and closure by loss.

Trading settings:

• "The magic number":

• if "The magic number"=0, the EA can manage manual orders,
• if "The magic number"=-1, the EA can manage orders with any Magic.

• "The minimum balance in the Deposit currency, the required minimum lot" - minimum expected balance per the minimum lot (set by the broker)
• "Automatic initial lot calculation" - automated calculation of volume of the initial order based on the current balance:
• "Automatic initial lot calculation"= true - enabled,
• "Automatic initial lot calculation"= false - disabled.
• "Initial lot" - the initial lot value if "Automatic initial lot calculation"=false.
• "The maximum permitted lot" - maximum volume of placed orders.
• "Open to buy"=true - allow placing initial BUY orders.
• "Open to buy"=false - do not allow placing initial BUY orders. Averaging of open BUY positions will be continued.
• "Open to sell"=true - allow placing initial SELL orders.
• "Open to sell"=false - do not allow placing initial SELL orders. Averaging of open SELL positions will be continued.

Settings of closure with profit or loss in deposit currency:

• ''Closing profit'' - closing trades with profit:
• "No"- not used.
• "Joint buy and sell" - BUY and SELL are closed together, close at a total profit (BUY profit + SELL profit).
• "Individual to buy or sell" - BUY and SELL are managed separately depending on individual profit.
• "Trailing money with" - amount of money, reaching which profit trailing is enabled.
• "Step Trailing the money" - trailing step in the deposit currency.

If "Trailing Stop Money" is enabled, information about the type and amount of fixed profit is displayed in the upper left corner.

• "Close Loss"=true - closing when the specified loss value is reached.
• "Close Loss"=false - closing with loss is not allowed.
• "Amount Of Money Loss" - the allowable loss amount in deposit currency, after reaching it all open orders will be closed.

Indicator settings:

• "Time Frames OsMA" - OsMA indicator timeframe
• "Fast EMA Period OsMA"- OsMA input
• "Slow EMA Period OsMA"- OsMA input
• "Signal SMA Period OsMA" - OsMA input
• "Time Frames MA" - Moving Average indicator timeframe
• "Period MA" - Moving Average parameter

Averaging settings:

• "The type of averaging":
• "no averaging"- not used
• "the indicator"- using an indicator
• "simple arithmetic"- using "Distance of opened orders"(distance between orders in points)
• "The method of lot calculation" - method for the calculation of the averaging lot:
• "multiply by Martin"- multiplying the previous lot by "Martin"
• "zoom in on Martin"- adding "Martin" to the previous lot
• "increase serial"- increase the averaging lot in series "The number of series"
• "TakeProfit initial order" - Take Profit of the initial order in points.
• "TakeProfit average" - Take Profit when averaging in points.

The system of averaging of losing positions performed well on flat pairs, such as EURCHF.