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Ilan Dynamic Premium

This Expert Advisor is based on the "Ilan 1.6 Dynamic" Advisor with full preservation of the idea and input parameters. The "Ilan 1.6 Dynamic" advisor is the predecessor of all Ilans and the most recognizable Martingale method Forex advisor. The number of titles given to this development can hardly be counted. In fact, the Advisor uses a simple trading strategy based on two standard technical indicators - RSI (Relative Strength Index) and CCI (Commodity Channel Index). The first one is used to select the direction when opening the positions, the second is used to limit losses. The peculiarity of this Expert Advisor is the usage of dynamically variable range, depending on the market volatility.

The basic algorithm is completely redesigned, the virtualization function is added - the series begins with opening virtual positions while the real trading starts after the specified step is reached.

Operation principle

Conditions for opening positions are as follows

  • We sell if the closing price two bars ago was higher than the closing price of the previous bar and the RSI is higher than the value of the "RsiMinimum" parameter (the oversold zone).
  • We buy if the closing price two bars ago was lower than the closing price of the previous bar and the RSI is lower than the value of the "RsiMaximum" parameter (the overbought zone).

In case the price does not go in our direction, the advisor opens additional (averaging) positions and waits for the price correction to come. The increase in the volume of subsequent positions allows you to move the level of break-even (the average price of all positions) closer to the current price, so that even a small correction can close all unprofitable series of positions with profit. This scheme has practically no flaws in case of correct optimization of the input parameters.

Input parameters

  • Virtualization - the series begins with the opening of virtual positions and the real trading starts after the specified number of position in the series to start real trading from is reached.
  • LotExponent - the rate of lot increase in the series. Lot is calculated based on the size of the initial order - the "Lots" parameter. Each subsequent order in the series is calculated based on the size of the previous order multiplied by the "LotExponent" coefficient. Example of a series with a coefficient of 1.5 and an initial lot of 0.1: 0.1, 0.15, 0.23, 0.34, 0.51, etc.
  • DynamicPips - the parameter enables the dynamic change of the distance between the averaged positions. That is, with the parameter value set to true, the advisor decides when to open the next position. If the parameter value is set to false, then the distance will always be equal to "DefaultPips".
  • DefaultPips - the distance in points between the averaged positions.
  • Range - the number of candles used for the volatility analysis.
  • DEL - works only when the "DynamicPips" parameter is enabled. It is responsible for changing the initial step in "DefaultPips".
  • Slippage - the maximum size of slippage when opening positions (in points).
  • Lots - the lot size of the initial order in the series. This is the main trading lot, the advisor returns to it each time when the profitable series is closed.
  • Lotdecimal - the number of decimal places in the lot value.
  • TakeProfit - the number of points to close a profitable series.
  • Drop - automatic closing of positions on sharp moves of quotations.
  • RsiMinimum is the value of the lower limit of the RSI indicator. The parameter is used to determine the oversold zone when you open a sell position.
  • RsiMaximum is the value of the upper limit of the RSI indicator. This value determines the overbought level and is used when opening a buy position.
  • MagicNumber - identification (magic) number for each order.
  • MaxTrades - the maximum number of simultaneous open positions.
  • UseEquityStop - enable stop loss by equity.
  • TotalEquityRisk - when the pre-set equity drawdown percentage is reached, all positions will be automatically closed.
  • UseTrailingStop – enables the trailing stop for all positions.
  • Level - level size (in points).
  • Step - step size (in points).
  • UseTimeOut - enables closing the positions on specified time.
  • MaxTradeOpenHours - the time in hours, after which all positions are closed.

Additional Information

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The bot trades according to the scalping strategy. First, the signals of four indicators are determined, after which the bot expects a sharp price movement in the opposite direction. When the price sharply went in the opposite direction, the robot opens a deal at a short distance. The transaction is closed upon receipt of a minimum profit. Therefore, the robot does not hold long open transactions. All open trades are closed within one or more candles. Forex Gump Bot is a fully automated tradi
73 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
EA Technic
Fanur Galamov
1 copy at          149$. Next price        199$. Final price        499$. EA Technic is a professional fully automated mid-term, low-risk expert. To select the optimal entry points, an adaptive price movement analysis module is used. The EA does not use indicators, grid, martingale, arbitrage. Each position includes a stop loss. All open transactions are accompanied by an advanced control algorithm, which is based on a two-stage trailing stop and a multi-step profit taking system. The EA incl
149 USD
Noise Master
Evgeniy Machok
There are only 7 copies left for the price of $299. Next price - $349. Fully automatic Expert Advisor for night trading during low market volatility. The strategy is based on an automatic algorithm, based on technology with machine learning elements. The ability to filter out market "noise" has always been an essential element of any Forex strategy. In this Expert Advisor this ability is sufficiently implemented, that allows us to expect a high enough percentage of profitable trades. Posi
299 USD
AW Scalping Dynamics EA
Alexander Nechaev
Advanced trading on trend reversals. The EA does not use grids or martingale. But, if necessary, they can be used in the input settings. 3 types of notifications and position locking when the maximum basket load is reached. The default settings are recommended for EURUSD on the M15 timeframe. How the EA trades:   First of all, when trading, the current trend activity is taken into account (the "   Main Trend filter   " variable). The smaller it is, the higher the probability of a reversal and
395 USD
Lizard Scalper Pro
Michela Russo
Lizard Scalper Pro is a trading robot   for the trading on forex. This is a Counter Trend system that trades mainly during Asian and NY sessions. Expert advisor not use grid, martingale , arbitrage o high frequency trading . Fix   and   Visible Stop loss   and   Take Profit Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Eagle Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email ! The
199 USD
Dream Scalper MT4
Tatiana Zyrianova
⭐   ⭐   ⭐   ⭐   ⭐   Dream Scalper is a scalping EA whose signals are determined on price rollbacks from support / resistance levels, using the principle of probability theory. The main advantage of this algorithm is that the EA finds such signals at which the price will continuously go either to stop loss or to profit by trailing stop. Since the profit is not fixed according to the standard settings, profitable trades are closed at a ratio of 2: 1, 3: 1 in relation to the stop loss. Recommen
399 USD
Samurai Scalper Pro Series EUR USD
Bruno Souza
⭐⭐⭐⭐⭐  Only EA developed over 1 year ago, which remains consistent in the market and in the #10 Top of the MQL Store   ⭐⭐⭐⭐⭐ >>> You can use this EA with a balance starting at $30 in a cent account. Doubts about which broker and how much balance you need to trade, send me a message <<< Summary: Samurai Scaper Pro Series EUR/USD is an EA developed to run the EUR/USD on 5 MINUTE   timeframe. This EA uses statistical analysis applied to the EUR/USD over 20 years to determine the best points o
115 USD
GOLD EAgle mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the TrendLine PRO indicator and trades on the M1-M15 timeframes The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions settings We can say that the task of the EA is to bring any trade to p
125 USD
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Versão 2.1 2020.07.05
Improved algorithm.