The Expert Advisor is based on the ZigzagLuck indicator: https://www.mql5.com/en/market/product/4171.
Our company is glad to present you the new 2014 trading robot Zigzag of Luck! First it was only an indicator, which won great popularity among traders! We have decided to use this wonderful indicator as a basis for creating a trading robot that would help traders to trade without any interference.
Key Advantages of the EA:
- Analysis of an additional powerful indicator for decision making (improved, modified, with a better filter).
- Non-redrawable indicator algorithm compared to standard indicators!
- The robot successfully distinguishes orders and monitors only its own orders. You can trade manually on the same account, the Robot will not take your orders.
- The robot works with any DCs, even with a mini account of 0.01 lot!
- The system can work against the market (reverse).
- Multicurrency trading, up to 20 currencies at once!
Parameters of the robot:
- RunWork - runs immediately in the market (true), or later based on the signal (false).
- ExpertID - the ID for the EA to know its positions.
- Slippage - slippage in points.
- Revers - trading on the reverse signal of the indicator.
- TP - take profit.
- SL - stop loss.
- Lots - lot size.
- LevelProfit - profit level, at which the lot will be increased or not, for example, use 5; if profit is less than 5 points, the lot increases by the addLots parameter.
- AddLots - the lot will be increased by this value in case of loss.
- StopMaxLots - maximum lot, after which it will not be increased.
- ZZ.Period - the period of the ZigZag indicator.
- ZZ.Length - the values of the ZigZag indicator.
To use a fixed lot, e.g. 0.01, you need to change the following parameters:
- Lots = 0.01
- AddLots = 0
- StopMaxLots = 0.01