Oberon Bars MT5

Expert Advisor "Oberon Bars MT5".

By optimizing the Expert Advisor on different timeframes and in different ranges of parameters, you can create several (and more) strategies for yourself with different input data. At the end of the blog, ".set" files are attached, which can be used as a basis for optimization and edit the data of only those currency pairs that are not suitable for the given conditions of the trading account.

   ACT 1   

We will optimize each block separately. Disable all characters except the first.

   ACT 2   

Turn on the optimization mode.

To reduce the optimization time, we will limit the results we need to a drawdown (about 50) . To do this, put Auto_Lot=true, Deposit=500, BalanceForAdd=50. As a result, only those testing results will remain in which, with Auto_Lot=false, the maximum drawdown will be about BalanceForAdd or less. Necessarily Exponent_Symbol=1. Set optimization parameters.

   ACT 3   

We look at the number of test options.

Choose an optimization option. Option 1( Slow complete algorithm) will show us all the results (which is desirable). But if the number of testing options is very large, then option 2( Fast genetic based algorithm) can be chosen. Run the optimization.

   ACT 4   

From the optimization results, select one of them and start testing.

   ACT 5   

Now we switch to the "Auto_Lot = false".

We get a result that suits us.

   ACT 6   

Don't forget to save in "file.set" .

   ACT 7   

Then we repeat the same actions with other currency pairs. You can check each time their joint work.

   ACT 8   

After optimizing all symbols, we finally test all blocks together ("Trade=true" for all symbols). We see the result that reflects the essence of the adviser - the profit is summed up, but the drawdown has not changed much (increased by 2 times). To do this, when choosing optimization results, you should try to choose results with an average number of deals and a small TakeProfit (so that the positions of different symbols overlap less often).

   ACT 9   

You can stop at this, or you can accelerate the dynamics of profit growth. Enable Auto_Lot=true . Let's take a deposit of 500. BalanceForAdd=150 (every 150, lot will increase by 0.01)

                                                                    HOW "Limit_Max_Lot" WORKS                                                                 

On the tested account, the broker set the maximum trade volume limit MaxLot=500. If lot=500 for the first trade in a position, then lot>500 may be required for the next trades in this position and the EA will set the maximum possible lot=500. Therefore, there are drawdowns.

If Limit_Max_Lot=true, the first trade in a position will not exceed MaxLot/100.