• 概述
  • 评论 (1)
  • 评论 (1)

BuySellProf lighter free

Multipurpose expert. The issue of choosing a target is solved - the direction of price movement. Locking and hedging is the main principle of this advisor. According to the law of harmonic oscillations, the price always returns to its original position sooner or later, and the forex market is no exception. Balancing simultaneously multi-directional orders.    The expert is very effective in conditions of high volatility (lack of certainty of the direction of price movement, news output). In the multicurrency variant, it is preferable to choose "major", liquid pairs.

BuySellProf lighter free - is a demo version EA of the BuySellProf lighter, unlike the original BuySellProf lighter, it can only trade in mono mode.

EA has an information panel that displays the account balance, profit for a currency pair, type of account (real, demo or competitive), as well as the ability to manually close profitable, unprofitable or all orders for a currency pair and current input parameters.

Operation description

Entering the market at once with two orders (on Buy and Sell) on one currency pair, the adviser sets a fixed take profit on both orders. After Buy or Sell profit is triggered, the Expert Advisor places a Buy order if the previous one has been closed on Sell, or a Sell order if the previous one has been closed on Buy, combining both new and previous order's profits into one and moving the profit to the possible target point of the price.

Another (balancing) order is opened in the direction opposite to the former two ones with the value equal to the last order (with Martingale) creating the lock with the last order. This allows the EA to adapt to volatility and secure your funds. If volatility exceeds the estimated order take profit, the EA takes the profit repeating the previous operation and considering Martingale till the market reverses or volatility starts decreasing. Stop Loss is placed for the order in case of the market reversal. That Stop Loss can have a fixed value or a Trailing Stop - in the demo version the parameter is disabled.

After closing all previously placed orders by profit (they are currently connected by one profit), the Expert Advisor starts the new trading cycle by placing Buy and Sell orders. The cycle continues till the Expert Advisor is stopped.

EA has an information panel that displays the account balance, profit for a currency pair, type of account (real, demo or competitive), as well as the ability to manually close profitable, unprofitable or all orders for a currency pair and current input parameters. 

Before testing and adjusting the EA parameters for different currency pairs, make sure that the trading history of the currency pair you need is loaded for all timeframes by pressing the F2 key.


In the demo version, testing and obtained parameters in the strategy tester are significantly different from the original BuySellProf lighter

Inputs

  • TP - take profit;
  • SL - stop loss;
  • Lots - lot size. In this adviser, you can use only the minimum server lot size;
  • Martinlot - (in the demo version, the Martinlot value is fixed at the minimum value - 1.0) the multiplication factor Lots to achieve greater profit and without loss; see Martingale for more details; (the value is 1, Martingale is absent and increases by 0.1 fractionality, i.e. 1 + 0.1 = 1.1, etc.);
  • MaxLots - (in the demo version the minimum server lot size) the maximum allowable lot size. In practice, it looks like this: increasing the size of the lot with Martingale, for example, from 0.01 to 0.08, then the adviser will place additional orders only with the size of 0.08 lots, Martingale will work only in the intervals from 0.01 to 0.08. It also serves to reduce the drawdown of the balance, with strong bullish or bearish market sentiment and volatility.
  • Use Trailing Stop - (disabled in demo version) enable/disable trailing stop;
  • Trailing Stop -  (disabled in demo version) trailing stop value;
  • MagicNumber - integer constant used to identify orders;

How to optimize the BuySellProf advisor  

Options of work expert BuySellProf 

ThorstenKock
287
ThorstenKock 2020.03.18 15:59 
 

Very poor results in BT

Not recommended