Price Action EA V3
This is designed for price action, scalping. Open orders by bar height when bar height meet math calculations. Timerame is M1 and works all forex symbols. It has continuously double trailing system. Set hours to trade 3 independent hours set. Set lots static or grow by balance. Variable lots by bar height. Set bar value by ATR indicator automatically. Close safety by time in minutes and close your order after x minute even if it is not in profit or loss by you. Set stoploss and takeprofit values by ATR indicator automatically. If you need help or have questions, please contact me first. Every major settings can be set automatically by robot, no need to know how to use.
2003 to 2019 Dukascopy backtest results for EURUSD. %1.55 max drawdown and %99.9 test quality. 1000$ to 5.000.000$.
Price Action EA 3.0 User’s Manual
- TRAILING SETTINGS
- UseTrailingStop - enable/disable trailing system.
- TrailingStartPip -profit pips / that trailing system start.
- TrailingStop - pips / that how much pips follow from back ( exp. When 5 pips profit and set this value 1 pip then it will set profit stoploss at 4 pips back from bid price).
- TrailingStartPip2 - profit pips / that trailing system start after first trailing take the profit at this value.
- TrailingStop2 - pips / that how much pips follow from back ( exp. When 5 pips profit and set this value 1 pip then it will set profit stoploss at 4 pips back from bid price).
- Auto stoploss by Symbol - /set true for automatic adjustment stoploss by Symbol
- Auto takeprofit by Symbol - /set true for automatic adjustment takeprofit by Symbol
- ORDER SETTINGS
- Auto Lot by balance - Set true if you want to set lot values directly by your balance.
- Auto Lot size - Using for calculate your lot by balance.
- Static Lot - Using when AutoLot closed for set lot value.
- Auto Lot increase by bar - Increases lot by bar height one more time.
- Robot Open - Enable/Disable robot.
- Allow buy trades - Allows buy trades.
- Allow sell trades - Allows sell trades.
- First Bar - Bar value for robot. ATR set this automatically so no need to change.
- Min Bar - Minumum Bar value for robot. Robot will not enter a bar which small from this value
- Buy calculate rate - Most important value for the robot to enter order from the right place of the bar. It should not below 35. Slow symbols lower values. Fast symbols higher values. Recommended 38-40
- Sell calculate rate - Most important value for the robot to enter order from the right place of the bar. It should not below 35. Slow symbols lower values. Fast symbols higher values. Recommended 38-40
- Max order - Recommended “1”, but your lot size is low by balance then can set it up to 5.
- ATR SETTINGS
- Use ATR for First Bar - set true for automatic adjustment first bar. true. DO NOT CHANGE.
- Atr Period - Atr period. 480. DO NOT CHANGE.
- Atr first bar divider - Using for order entry. 1-10 max
- Atr Time Frame - Atr time frame. 30 Minutes or 1 Hour.
- TIME SETTINGS - Values for trade hours, every set evaluated by itself. Robot will not work out of these hour sets.
- TradeStart - "1” default.
- TradeEnd - “23” default.
- MARTINGALE SETTINGS
- Martingale open - Enable/Disable Martingale follows your open orders automatically instead of using stoploss.
- Martingale Multiplier - Increase lot size for second and the following orders.
- Martingale Difference (pips) - Distance for next order.
- Martingale Profit (points) - Total profit for all martingale orders.
- CLOSE SETTINGS
- Close in profit - Set true for close orders in profit after x minutes.
- Close in loss - Set true for close orders in loss after x minutes.
- Close orders after x (minutes) - close orders after X minutes.
- You can use this robot every symbol in forex. Just set auto and go
- Before using on a live account, test the EA with minimal risk;
- Use VPS or hosting server with minimal network latency to the broker's server;
- For best results, use the leverage of 1:100 and more;
- Do not run more than one EA on one account;
- Low spreads = low commission + high quality execution are important when choosing a broker to trade.
- Need ECN, Open new account from ICMarkets or Open new account from PepperStone
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Order send 130 error fixed.