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Fire Tiger Claw

Fire Tiger Claw is a fully automated trading system. It is based on complex mathematical calculations and a rather simple algorithm.

The EA is universal. It can work both on an unpredictable waving and on a calm market, showing the same results.

The EA operation requires only the smallest possible deposit to operate, as the testing results showed almost no drawdown. This is achieved through the use of a smart Trailing and high expectancy of a positive trade.

Now to the main point. Namely, the way it works! The EA operation is based on a grid of Sell Stop and Buy Stop pending orders. The number of orders is set in the input parameters. The most important thing that the orders are not movable. They can only be either deleted or executed as market orders. This approach allows the EA to save a lot of time. During spikes the orders are instantly transferred to market orders, and due to the fast Trailing, are closed at the right moment. Or are closed by Take Profit or Stop Loss, which are also set in the input parameters. On the flat market the EA performs complex mathematical calculations, and orders are executed only at high probability of a successful trade.


Important! Preparing the Expert Advisor for trading on the account

First, set the Take Profit or Stop Loss levels depending on the rounding precision of your quotes.

The recommended values is 100 for 5 Digits and 10 for 4 Digits.

Similarly, set the TrailingStop level.

The recommended values is 40 for 5 Digits and 4 for 4 Digits.

The next point is very important. Set the number of Sell Stop and Buy Stop pending orders (the orders input parameter). Everything depends on the execution speed of your broker. The recommended values is 6 Sell Stop and Buy Stop orders.

Next, choose the distance from the market price to open the first pending orders. (the level input parameter).

The recommended values is 100 for 5 Digits and 10 for 4 Digits.

Pay attention to the minimum distance from the market price for opening market orders allowed by your broker. The subsequent orders are opened at a step of 100 or 10 points depending on the precision of quotes.

Next, choose the lot for trading. (the Lots input parameter).

After that set the value of the automatic lot recalculation depending on your balance. (the Risk input parameter). Remember, the higher the lot, the greater the risks.

The recommended value of the parameter is 5.

If necessary, the TrailingStop can be disabled by setting the Trailing to the value false. It is possible to disable placing Sell Stop or Buy Stop orders by setting the corresponding Sell or Buy parameters to false.


Input Parameters

  1. Lots - trade volume;
  2. Risk - parameter that increases the trade volume (value 0 disables the parameter, value 10 increases the Lots by 10 times) ;
  3. StopLoss - Stop Loss level;
  4. TakeProfit - Take Profit level;
  5. orders - the number of Buy Stop and Sell Stop orders;
  6. TrailingStop - the Trailing distance of the Stop Loss level (market order);
  7. level - distance from the market price to open the first order;
  8. Buy - parameter that enables trading Buy Stop orders (value 0 disables trading);
  9. Sell - parameter that enables trading Sell Stop orders (value 0 disables trading);
  10. Trailing - parameter that enables Trailing. (the value 'false' disables Trailing).

I am confident in my expert. I hope it brings you a lot of positive emotions, good mood and well, you know what else.

Best regards, Dmitry.

Mike Geesing
1493
2016.05.03 21:27 
 

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