Paribas

Trend Expert Advisor with a strategy based on trading in the price reversal areas. No grid, no martingale, uses a fixed stop loss and take profit. It is designed for 4-5-digit quotes. VPS server is recommended. Timeframes – M5-H1. Recommended minimum deposit – 500 units of the base currency.

Recommendations

1. Backtesting and optimization should be performed on quotes with 99.90% quality. With slippage and commission approximated to the real market conditions.
2. Before using on a live account, test the EA with minimal risk;
3. Low spreads + commissions + high quality execution are important when choosing a broker to trade.

Parameters

• CountBars – number of bars to search for extremums;
• OrderExecution – order execution type;
• _InstantExecution – instant execution;
• _MarketExecution – market execution;
• FixedLotSize – fixed lot if RiskPerTrade = 0;
• RiskPerTrade – lot size calculation based on free margin;
• MaxLotSize – maximum lot;
• OrdExpiration – expiration of orders, specified in minutes;
• MaxSpread – maximum spread;
• MaxSlippage – maximum slippage;
• TakeProfit – initial take profit;
• StopLoss – initial stop loss;
• TrailingStop – value of trailing stop, at which the StopLoss is moved by TrailingStep;
• TrailingStep – profit to be protected by trailing;
• MagicNum – trades ID;
• EAComment – comment;
• DrawInfo – display information panel on the chart;
• Language – display language of the information panel;
• _English – English;
• _Русский – Russian;
• TextColor – text color;