Averager FULL

Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.

• An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper.
• The system is identical to the averaging system created for MetaTrader 4.
• A demo version of the averager for MetaTrader 5: Averager DEMO.

The Expert Advisor will open a position in the same direction after the specified number of points (Distance). The volume of the position is calculated as the volume of the previous deal * LotsMartin. Also the Expert Advisor modifies the common take profit for all deals setting it as "The point of zero line of all positions of the same direction" + TakeProfit points.

Also it can modify the stop loss of all positions (if TrailingStopUSE = true) if the price breaks through the level "The point of zero line of all positions of the same direction" and goes behind it for TrailingStop points.

The inputs parameters of the Expert Advisor include MaxOrders - the maximum number of deals for averaging.

The Expert Advisor works on the currency pair to which chart it is attached. For example, to turn on the averaging for EURUSD, open the EURUSD chart and run the Expert Advisor.

System Parameters

• MaxOrdersOpen - the maximum number of opened orders, 0 - unlimited.
• TakeProfitALL - total take profit for modification.
• AllTradeTrail - Allow modification of trailing stop\breakeven\take profit for all trades, including the ones opened by user. On the given currency pair.
• Distance - distance for the opened grid positions for opening against the trend.
• DistanceMartin - increase\decrease the distance for the next position in the grid. Martingale for distance.
• StopLoss - stop loss for the averaging trade against the trend.
• LotsMartin - volume increase for the grid of positions against the trend.
• LotAdditional - additional lot for an averaged position against the trend.
• LotMax - maximum averaging lot against the trend.
• SleepForOpenbetweenLastClose - delay in minutes for opening averaging trades after a trade is closed.
• OpenOnly1ofBar - allows opening only 1 averaging\additional trade per bar (depends on the current TF).
• TypeTradeBUYSELL- the type of orders. -1 - all orders, 1 - Sell, 0 - Buy.
• TrailingStopUSE - use trailing stop.
• TrailingStop - trailing distance, 0 - the minimum allowed.
• TrailingStep - trailing step.
• SaveTPafterTrailingStop - leave the take profit after the trailing stop triggers.

• ADDITIONALDistance - the distance for additional positions opened for the grid - additional opening based on the trend.
• ADDITIONALDistanceMartin - increase\decrease the distance for the next position in the grid for opening additional positions based on the trend. Martingale for distance.
• ADDITIONALStopLoss - stop loss for the additional trades opened based on the trend.
• ADDITIONALLotsMartin - increase the lot for the grid of positions for opening additional positions based on the trend.
• ADDITIONALLotAdditional - additional lot for the additional positions.
• ADDITIONALLotMax - maximum lot for opening additional positions.