The trading system is based on the Alligator indicator allowing the trading robot to define the market direction. It sorts out flat periods and detects an emerging trend.
The EA settings (consider the amount of decimal places in quotes, the EA does not define them automatically):
- Lot - lot for opening deals;
- Slippage - slippage;
- Magic_number - magic number that allows the EA to distinguish its own deals;
- NumberOfTries - number of attempts to execute the OrderClose function;
- breakeven - amount of points, after which the EA moves a deal to breakeven (activated if Breakeven = true);
- TrailingStep - step in points for the trailing stop function (active if Trailing_stop_at_a_set_interval = true);
- FixProfit - total profit, at which the EA closes all deals (activated if Fix_profit = true);
- FixLoss - total profit, at which the EA closes all deals (activated if Fix_loss = true);
- TakeProfit - take profit in points for each transaction (activated if Take_profit = true);
- StopLoss - stop loss in points for each transaction (activated if Stop_loss = true);
- Martingale - use martingale (activated if true);
- Koef_martingale - lot increase index;
- Block_indicator_settings_Alligator - indicator settings;
- jaw_period - blue line period;
- jaw_shift - blue line shift;
- teeth_period - red line period;
- teeth_shift - red line shift;
- lips_period - green line period;
- lips_shift - green line shift;
- alligator_method - moving average averaging method;
- aplied_price_alligator - applied price values for averaging;
- Signals_for_output = "Signals for output" - exit signals;
- Intersection_price_and_teeth - close deals when the price crosses the red line;
- Intersection_price_and_jaw - close deals when the price crosses the blue line;
- Intersection_price_and_lips - close deals when the price crosses the green line;
- Breakeven - breakeven parameter;
- Trailing_stop_at_a_set_interval - trailing stop with a specified step;
- Fix_profit - close deals when reaching a certain profit;
- Fix_loss - close deals when reaching a certain loss;
- Stop_loss - stop loss;
- Take_profit - take profit.
The EA works on all timeframes. However, H1 and higher timeframes are recommended (the higher the timeframe, the more accurate the signals).
The necessary deposit is $10 for cent accounts and $1 000 for dollar accounts.
- A new parameter to limit the number of simultaneously open trades.