ROMAN5 Herolds Bay
This Expert Adviser participates in the Automated Trading Championship 2012 (ROMAN5). This strategy is developed to trade EURUSD in both LONG and SHORT directions according to the trend. The type of trades (buy or sell) is selected on the basis of CCI and Heiken Ashi indicators. It runs on the EURUSD H1 chart.
For the Championship 2012, the parameters are: CCI_Period = 100, CCI_OverBoughtLevel = 170, CCI_OverSoldLevel = -170, volumePerTrade = 5, maxOpenTrades = 3 and gapPriceAllow = 0.001 (based on championship rules), but you can change this for real account.
|magicNumber = 12345||Magic number.|
|CCI_Period = 100||CCI Period.|
|CCI_OverBoughtLevel = 170||Raises the flag to allow the new direction of trades if CCI pass this OverBought level.|
|CCI_OverSoldLevel = -170||Raises the flag to allow the new direction of trades if CCI pass this OverSold level.|
|volumePerTrade = 0.01||Lots.|
|maxOpenTrades = 3||Controls the maximum number of open trades.|
|gapPriceAllow = 0.001||Allows opening new trade if this value is more than x. x = (Last Opened Trade - Current Price) or x = (Last Opened Trade + Current Price).|
|slippageInPips = 10||Tolerated slippage in pips.|