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Level Harvester

     The robot places limit and stop orders at key price levels and closes orders , or the basket of orders  when the profit target is reached .If the profit target is not reached by the first opened order it makes use of the power of accumulation , it accumulates orders untill the profit target is reached . 

     The Lot size is not increased , but slightly decreased if the distance between orders is large and is calculated in accordance with the Risk ratio and Account Equity

       Profit Factor is calculated using lot size , for 0.01 lots the profit should be 1$ if the Profit Factor is set to 1, 10$ for 0.1 lots ,100$ for 1 lot and so on . The higher the Profit Factor , the higher the maximum potential drawdown . The same with the Risk ratio .

     The EA also has a built in working-time function for order closing to avoid widening spreads at midnight and a "Maximum Spread allowed" function when closing opened orders to avoid closing orders in widening spreads or fast movements in price , reducing the risk of closing orders in a loss instead of a profit . 

      The best result is achieved on the EUR/USD pair on timeframe H1 . Lower or higher timeframes may lead to higher drawdown .

   A low latency broker is recommended and a relatively fast computer or VPS due to possible fast changes in market prices .


Recommended Pair EUR/USD ;

Timeframe H1 ;

Risk - calculated correctly for accounts in USD ;

Profit Factor - calculated correctly for accounts in USD ;

Level - upper and lower levels from the last "X" candles in the chart ;

MaxSpread - Maximum Spread allowed when closing orders ;

StartTime/EndTime - Time Interval for closing opened orders to avoid midnight widening spreads .

z28hayse
144
z28hayse 2019.04.11 23:53 
 

Best Forex EA I have ever seen, its nearly perfect. Currently running this on live account.

Версия 1.7 2019.05.21
Updated code to prevent possible "Market is closed" error .
Версия 1.6 2019.05.04
Optimized code for placing pending orders , added new parameter : Maximum Spread allowed when closing orders and added orders commission to the calculation of profit factor .
Версия 1.5 2019.05.01
Added working time for closing orders to avoid widening spreads on market oppening.
Версия 1.4 2019.04.23
Fixed pending orders not closing properly.
Версия 1.3 2019.04.20
Included swap calculation into EA.
Версия 1.2 2019.04.02
Fixed "array out of range" error in backtesting
Версия 1.1 2019.03.13
Fixed pending orders not closing properly and Open order comment.