Promo price 199$, Next Price 299$
Hilo One Candle means High and Low Range in one Candle Timeframe (D1,W1,MN1). Open positions using virtual pending orders By determining the minimum high and low range within the specified timeframe and filtered by support and resistance based on the murrey math formula.
Trade is carried out on the birth of new bar, so for backtesting it is highly recommended to use open prices modeling.
Superiority:
+ Can be used to perform recovering lost positions made by other eas or positions that open manually. Fill in magic number=0, then the ea will automatically recognize all open positions in the symbol/currency.
Feature :
1. Manage Open Positions
+ Trade Buy: allow buy
+ Trade Sell: allow sell
+ Continue New Cycle: If False, then the Expert Will Only Manage The Remaining Open Positions and Will Not Open New Positions When All Positions Have Been Closed.
+ Maximum allowed number of fx pairs: The number of fx pairs allowed
2. Hilo One Candle
+ Hilo One timeframe: Select Hilo One Timeframe
+ Minimum Hilo Range to Start Pending Order (in pips)
+ Distance of pending orders from the current price (in pips)
+ Step size to move pending order (in pips):
+ Filter Period : Averaging filter period
+ Reverse the signal
3. Manage Lot and Money
+ AutoLot: use automatic lot calculation
+ Risk% (if AutoLot = true): risk per trade for calculation of the auto lot size.
+ if Autolot = false, fill in Start Lot: fill in the initial lot
+ Max Lots per Trade
4. Manage GRID
+ Use GRID: manage GRID
+ Lot Type: Select lot type
+ Multiplier for Martingale: Multiplier lot coefficient
+ Maxtrade: Max trade allowed
5. Buy Grid Parameters
+ Use Averaging Buy: Open a long position if the initial position is losing
+ Add grid averaging buy only in the direction of the trend: add grid if there is a buy signal
+ Buy Step (in pips): Distance to open the next long position
+ Expanding Step Coefficient Buy: coefficient multiplier
6. Sell Grid Parameter
+ Use Averaging Sell: Open a short position when the initial position is losing
+ Add grid averaging sell only in the direction of the trend: add grid if there is a sell signal
+ Sell Step (in pips): Distance to open the next short position
+ Expanding Step Coefficient Sell: coefficient multiplier
7. Change Step Parameters
+ Change Step: enable/disable change step
+ Lots to start changing step
+ Change Step to(in pips)
+ Expanding Step Coefficient: step multiplier coefficient for change step
8. Manage SLTP & Trailling
+ Use Virtual Stop Loss & Takeprofit: Virtual Stop Loss & takeprofit
+ Virtual Stop Loss (in pips): Stop loss in pips
+ Virtual Take Profit (in pips): Takeprofit in pips
+ Averaging Trailing, in pips: Trailing all in pips
+ Trailing Start (in pips): Trailing starts in pips
+ Trailling Size (in pips): Step trailing in pips
9. Manage Drawdown Reduction
+ Use Auto Close Partial, in money: Close Partial in money
+ Select Close Partial Method:
+ Close partial buy & sell: partial close by bringing 1 buy loss & 1 sell loss
+ Close partial buy / sell: partial close by bringing only 1 buy loss or 1 sell loss.
+ Close partial all: A combination of close partial buy & sell and close partial buy / sell.
+ Number of trade to activate partial close: Minimum amount of open positions to start applying partial close.
+ Minimum profit to close partial $: Minimum profit to do partial close, in money.
+ Use Auto Close Partial, in percentage: Close partial in percentage
+ Number of trade to activate partial close: Minimum amount of open positions to start applying partial close.
+ Percentage of profit to close partial%: Minimum profit to do partial close, in percentage.
10. Time Management
+ Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker's server time.
+ Trade Start Time: Time to start trades
+ Trade End Time: The time the trading session ends
11. Manage Others
+ Max Spread (in Pips): spread allowed
+ Coefficient (if Freeze=0 Or StopsLevels=0) : Fill in at least 1, only to anticipate volatile market conditions and the broker will increase freezelevel and stop level.
+ Magic number : EA identifies open positions based on this magic number. Fill in 0 (Zero) so that ea can recognize all positions opened manually or by other eas.
I have 4 EAs from this author and I have never been disappointed. Its EAs are always of high quality and with original functions. Usually I use short term strategies. I was looking for an EA for the medium/long term that works on a lot of pairs. (That way I can put small positions on many pairs rather than big ones on 1 or two pairs) = That's exactly what Hilo does. There are all the set files provided for many pairs, which makes it possible to make a portfolio for the medium term. This Ea is very intelligent and allows you to have regular results all year round. I did not find any bugs. The author always responds very quickly to questions. I am 100% satisfied with this EA.