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Millenium

Millennium is a system that trades on the basis of the highest penetration of low and high, and on the basis of crossing moving averages. This can happen as a trend, and beyond.

The original idea was to open only one trade a day, but soon was added to the system filter, which filtered bad days.

The strategy was used on a real account, which was profitable. However, We think that it is too volatile and are not suitable for a big accounts. But its ready for a small accounts.


Parameters:

  • MagicNumber - Use it everytime
  • Lots10K - money management, lot size is adjusted by ratio to 10K deposit; 0 = disabled
  • TrailingSL, TrailingTP - Trailing Stop Loss and Trailing Take Profit will be actived with SL and TP parameter size
  • CloseByCloseTime - close order the same day when CloseHour and CloseMinute is reached
  • Reopen - false = stop reopening today closed trades (only one trade per day); true = when trade reach TP os SL the EA will open trade again
  • MaxAllowedSpread - max spread size for opening new orders; in points: 50 = 5pips (with 5 digits brokers)
  • ATR_Bars - using ATR period for SL,TP and Trailing SL and Trailing TP. 0 = disabled.
  • TradeDuration - Trade will be closed after a specified number of hours (etc 12, 24, 72,...)
  • EAtimeframe - Timeframe 0 = M1, 1 = M5,... 7 = W1, You can try all periods with step 1 from 0 to 7 when backtesting
  • FastMA, SlowMA - Periods of crossed Simple MA (filter)
  • HighLowBars - Finding High and Low X bars in history (filter)FinishingMode - stop all new orders but still taking care of opened orders to their end

Don't hesitate to contact us.

And finally, do not miss the news and watch our MQL5 walls:

Parbest: https://www.mql5.com/en/users/parbest

Me: https://www.mql5.com/en/users/tomac1

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