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BluePrint

BluePrint  

TimeFrame: M5 or above.

BluePrint is an Expert Advisor based on Price Action and Martingale.


Configurations:

+---------------------------------- BLUEPRINT | EA Settings ----------------------------------+ 

  • Magic Number: ID that should be changed if you want to install Expert Advisor on different graphics, without interfering with each other and behaving like a single Expert Advisor.
    • Max Spread By Tick Size: The maximum Spread difference that you want to trade.
    • Lots Mode: You can choose between Fixed or Automatic.
    • Fixed Lot Size: if Lots Mode is set on Fixed, you can put the lot size that you wish the EA open ever.
      • Auto Lot Risk Percent: if Lots Mode is set on Automatic, you can set the percentage of the balance that you accept to expose. Take the following formula into consideration before changing this number:

        • Automatic Lot Size = ((Free Balance of Account * AutoLotRiskPercent) / 100);
      • Max Positions: You can put how many trades in the same time you want to.
      • Use Martingale: Martingale is when the EA doubles the aport trade to compensate when the prices move against it, waiting a correction, by price action. You can change True or False.
      • Martingale Mode: Arithmetic or Geometric.
        • Arithmetic: if you choose it, the EA will open in the following sequence: 0.01, 0.02, 0.03,... one by one.
        • Geometric: if you choose it, the EA will open in the following sequence: 0.01, 0.02, 0.04, 0.08, 0.16, 0.32, 0.64, 1.28,... it will multiplies the last trade by 2.
      • Martingale Repeat Interval: You can choose how many times the EA repeats the last traded lot until increment the Martingale in the next trade, after the interval set.

      +------------------------------------ Close Positions Settings -----------------------------------+ 
      • Use Trailing Stop: Choose true or false if you want or not the EA move the Stop Loss together the price movement, when the profit is positive.
      • Use Break Even: Choose true or false if you want or not the EA put the Stop Loss only once, when the profit of position is positive, to avoid losses.
        • Break Even Distance: Distance in ticks or points far of current price for the EA put the Stop Loss.
        • Profit For Break Even: Profit in ticks or points before the EA put the Stop Loss.
      • Profit Factor Before Close: Here you can choose how many times the profit will exceeds the losses, before it close all positions.


      +-------------------------------------- Trade Time Settings --------------------------------------+

      • Begin Hour, Begin Minute: The hour and minute that you want to EA begins to work.
      • End Hour, End Minute: The hour and minute that you want to EA stops work. 


        Important information:

        • Top Pairs: All forex Major Pairs : EURUSD is the best performer.
        • TimeFrame: M5 or above.
        • VPS recommended.
        • Hedge Account is recommended.
        • High Leverage account is recommended.
          • Deposit: 10.000 or above. Cent Accounts are interesting to begin.
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