Louisiana

This software will give you the possibility to preset your management strategy (both in live markets and in strategy tester).

You will have at your disposal 8 operative buttons.

4 for Buy positions (from left to right):

1. Buy at market.
2. Buy limit.
3. Buy stop.
4. Set buying time.

4 for Sell positions:

1. Sell at market.
2. Sell limit.
3. Sell stop.
4. Set selling time.

After you have decided one of the 4 options you can easily preset:

• Lot size.
• Stop loss, both in points and average volatility (D1 timeframe).
• Take profit, both in points and average volatility (D1 timeframe).
• Trailing stop, both in points and average volatility (D1 timeframe).
• Break even stop, both in points and average volatility (D1 timeframe).
• Eventually partially closing the order at a certain price preset by yourself.

Up to the left you can find economic calendar button. Clicking on it, Louisiana will show the weekly economic calendar, with:

• Date & hour.
• Currency.
• Impact.
• Forecast.
• Precedent.

To let Louisiana show you the economic calendar you have to allow web request, basic prerequisite, to this website: https://minerva.management.

To do this, you have to click on Tools/Options/Expert Advisors, check "Allow WebRequest for listed URL", double click on Add new URL and set there the link above.

Parameters

• Magic Buy: Set magic number for buy orders.
• Magic Sell: Set magic number for sell orders.
• Slippage: Set slippage.
• Louisiana Background Color: Set background color.
• Louisiana Front Color: Set front color.
• Buy Orders Color: Set your favourite color for buy orders.
• Sell Orders Color: Set your favourite color for sell orders.
• Louisiana Language: Set your favourite language for your assistant: English, Italian and Spanish.

Setup

This panel is an EA. So you have to install it in your MQL4/Experts folder.