The ImpulsPro Expert Advisor is the simplest implementation of the tandem of the volatility explosion and flat zone analysis. Opening principle: the EA analyses the history of the trading symbol and determines how long the pause must be before the strong movement starts. Next, after determining such a zone, the EA waits for an impulse for opening a position towards the direction of the explosion.
Position maintenance is absent, exit is performed using a stop loss or a take profit.
The characteristic feature of this EA is the linearity of the profit chart, resulting in the simplified analysis of its future performance. The possibility to start trading with $50 allows this EA to be used by traders of any level. The positive result on a variety of instruments opens up the opportunities for hedging the risks using multi-currency trading.
The Expert Advisor has an option of using preset parameters, use the "Auto setting" parameter to enable them. Parameters were tuned in the 2012-2015 range. Prior to 2012 the setting are radically different, apparently changes in the currency behaviors took place.
Expert Advisor monitoring: https://www.mql5.com/en/signals/author/fastinvestments
- Auto setting
- Automatic settings - The EA only works on the EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD and on the H1 timeframe, all settings in the SETING OPEN section are defined automatically for each pair. MagicNumber is automatically changed when it is set for different pairs. The EA uses two sets of settings for each currency pair.
- Manual setting - fully manual mode, works everywhere, you can configure the SETING OPEN settings yourself.
---=SETTING MONEY MANAGMENT=---
- MMode - contains five money management types, sorted by aggressiveness. If the "No MM" value is set, then the Lot parameter will be used for the calculation of the lot.
- Lot - risk percentage of the deposit in each trade (Example: Lot = 0.5 risk half the deposit in each trade). If the value is negative, it is used as a fixed lot (Example: Lot = -0.01 the trade will be opened with the size of 0.01 lot).
- MaxSpread - If the current spread is greater than this value, the trade will not be opened.
- MagicNumber - beginning of the range of magic numbers occupied by the Expert Advisor. The EA occupies 50 numbers.
- Slippage - allowed slippage.
- The trading robot considers only closed bars;
- The strategy does not use martingale or averaging;
- Works both with Instant and Market Execution types (autodetection);
- Automatically determines the number of digits in quotes and works with quotes that have any number of decimal places;
- Resistant to a temporary loss of connection or a short-term computer shutdown. After starting the computer, the Expert Advisor will pick up its orders and continue trading;
- Always works only with its own orders even if you have decided to trade manually in parallel.
- Currency pairs: All.
- Timeframe: All:
- The recommended initial deposit: $50 and higher.
- Small spread will significantly increase your profit.