FastTraffic

The Expert Advisor has been specifically developed for trading gold (Spot Gold).

The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation.

Martingale and averaging are not used. Each order is independent and is accompanied by a stop loss and take profit.

The strategy applies a trailing stop.

Parameters

• Comment to order - open orders comments;
• MaxRisk - maximum risk per trade;
• if MaxRisk = 0, Lot will be - lot if MaxRisk=0;
• Take Profit - take profit;
• Stop Loss - stop loss;
• Enable trailing-stop - enable trailing stop;
• Trailing Start - trailing start;
• Trailing Step - trailing step;
• Max orders in the market - maximum number of simultaneous orders;
• Max Spread - maximum allowable spread;
• Slippage - slippage level;
• Magic - magic number to distinguish EA's own orders.