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LuckyCase

LuckyCase is an Expert Advisor with martingale elements.

The EA strategy is based on a significant "deviation" of the price from SAR inadicator and the Bands levels breakthrough point. The money management system is an essential part of the EA. It starts working after a trade is opened. Trades are closed after accumulating specified points of market orders, by deposit % or after an opposite side of the channel is broken through.

The default EA settings are meant for:

  • EURUSD M15;
  • USDJPY M15.

The EA can be easily optimized for any trading instrument depending on its volatility.


Parameters

  • Percentage of risk - risk % for defining the first lot;
  • If Risk = 0, the lot will be - if the risk % is 0, the lot is equal to a specified value;
  • Take profit in points (can optimize) - profit in points for closing (optimizable);
  • Step between orders (can optimize) - step between orders (optimizable);
  • Points from Sar (can optimize) - distance from SAR indicator for the first trade (optimizable);
  • Step of SAR (can optimize) - SAR indicator step (optimizable);
  • Max Spread - maximum spread;
  • Comment to Order - open orders comments;
  • Magic - magic number to distinguish EA's own orders.
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The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te
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Experts
The algorithm of this Expert Advisor determines the significant price levels, where the trend often turns into a flat or reverses. Stochastic Oscillator serves as an additional filter of overbought/oversold zones. The EA sets stop loss and take profit after opening an order. The underlying trailing strategy applies a trailing stop. The EA is recommended for simultaneously use on three trading instruments: EURUSD M5, GBPUSD M5, EURCHF M5. Settings: Comment to order - comment to orders. MaxRisk -
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Versão 3.0 2021.07.02
Added the functionality of closing all orders at a drawdown in the deposit currency specified in the settings.