EZ Volchok free
EZ Volchok free is a free version of EZ Volchok expert advisor. It is a fully automated grid expert advisor that opens orders at moments of a trend reversal. The basis for finding the entry points are the author’s indicators based on Moving Average and Bollinger Bands. If the price moves in the opposite direction of the deal, the grid system will control the trading process.
Benefits and features
- Fully automated and does not require extra attention
- Suitable for working with any brokers
- Minimum recommended deposit is $ 1000
- A simple mechanism for managing risk by changing the grid multiplier
- Uses virtual Stop Loss and Take Profit, which your broker will not be able to see
- Take Profit and Grid Step parameters should be specified for 5 digits, if necessary, the expert advisor will recalculate for other cases
- For stable operation, the use of VPS is recommended
- Optimized for working with EURUSD M5, it is recommended to use the default settings
I will be glad to answer any questions about the adviser!
I accept offers to improve the Expert adviser!
Differences from the full version:
- There is no way to set the volume. Advisor trades with an initial volume of 0.01 lot.
- There is no way to disable gap recognition.
- Indicator 1 Period – The number of bars to calculate the first indicator.
- Indicator 2 Period – The number of bars to calculate the second indicator.
- Indicator Deviation – Indicator deviation rate.
- Take Profit – Distance for profit taking.
- Grid Step – The distance that the price must go to open the next order in the grid.
- Number of Trades in Grid.
- Grid Multiplier - Volume multiplier in the grid.
- MagicNumber – Advisor’s magic number.
Stop Loss in Points (pips) = Number of Trades in Grid* Grid Step