Price Trap Full

Price Trap Full


The Expert Advisor inherits some principles tested in the previous products of the author, but uses a different algorithm for working with pending orders.

According to the test results, we managed to achieve the best ratio of profit and drawdown here.

The algorithm can work on any currency pair and any timeframe, but the best results were achieved on XAUUSD M5.

Algorithm verified with broker just2trade

On a real account, the EA works no worse than in the strategy tester, you can verify this using the free version.

Parameters

  • GMToffset - your broker's time difference and GMT.
  • Magic - Magic Number value for orders placed by the EA. In multicurrency trading must be unique for each currency pair.
  • MinProfit - minimum fixed profit
  • StartLot - The volume of transactions for the initial level of the deposit (0.01 is recommended for every $1000 of deposit).
  • MaxLot - maximum volume of transactions with an increase in the deposit.
  • MaxSpread - maximum spread on which trading is allowed (not recommended above 80).
  • Slippage - maximum price slippage

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Dmitriy Susloparov
This oscillator generates trade signals based on the analysis of two smoothed Price Rate-of-Change graphs, which are calculated using different periods. One of the graphs is used as the main one, the second as the signal line. The difference between them is displayed as an oscillator in the form of a histogram, divided into four phases: the beginning of the rise, the completion of the rise, the beginning of the fall and the end of the fall. When the color is bright blue, the ROC indicator intens
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Dmitriy Susloparov
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Dmitriy Susloparov
This is a multi-frame version of the standard indicator " Williams Percent Range ", that was previously available only for Mt4 .  Now there is a version for Mt5 .  Like the other indicators of the author, it allows you to see any set of timeframes at the same time, and all they will be presented on a scale of the current price chart. You can choose any set of timeframes of the indicator and freely switch to the price chart in both the highter and the lower direction. For each price period, indi
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