Trading is carried out by market orders from important price levels, which are determined by an advanced adaptive algorithm EA. the
Algorithm allows you to determine the dynamic levels of price changes, which gives the EA the ability to quickly find entry points. The EA
determines the short-term trend and opens a position with a subsequent partial closure, the average position is open for several hours.
The EA trades many major currency pairs.
Does not use martingale, grid and other risky strategies.
Monitoring: https://www.mql5.com/en/signals/author/profi_mql
МetaТrader 4 version: https://www.mql5.com/en/market/product/37096
Attention! This EA is only for "hedging" accounts.
For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:".
Add https://ec.forexprostools.com, https://world-time-zone1.com and click OK.
For the strategy tester: the EA provides integrated data on economic news from 2010.01.01 to 2020.04.01.
- Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
When using the multi-currency tester, select the M5 timeframe.
For quick test, use:
- Tick simulation methods:
- M1 OHLC (simulation of 1-minute bars, OHLC prices)
Pairs and timeframe
- EURUSD / M5.
- GBPUSD / M5.
- GBPJPY / M5.
- USDCHF / M5.
- USDJPY / M5.
- AUDUSD / M5.
- GBPAUD / M5.
- USDCAD / M5.
- GBPCAD / M5.
- EURAUD / M5.
- EURCAD / M5.
- EURGBP / M5.
- NZDUSD / M5.
- GBPNZD / M5.
- NZDCAD / M5.
- EURNZD / M5.
Requirements and recommendations
- It is recommended to install the EA on one chart, you can enable and disable currencies in the settings.
- The minimum recommended balance for the EA's use with the recommended pairs and timeframes - $1500 or $15 on a cent account.
- 5-digit brokers.
- VPS.
Parameters
- EURUSD - if true, use EURUSD;
- ...
- EURNZD - if true, use EURNZD;
- Magic_Start - ID of EA's trades.
- Magic_Finish - ID of EA's trades.
- Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example:
"m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
- Custom_Risk - if true, the lot size increases when account balance grows (risk management);
- User_Balance - user-defined balance;
- Add_to_User_Balance % - Add to User_Balance for a smooth transition to a new lot.
- Lot on every - lot size per User_Balance;
- Fixed_Lot - fixed lot (if Custom_Risk is false);
- Order Type - trading direction;
- Order Comment - comments to orders;
- Slippage - allowed slippage before an order is triggered;
- Show_Info_Panel - use the information panel (false - faster backtest);
- Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
- Multi_Currency_BackTest:
- true - use the multi-currency tester;
- false - use the current currency and timeframe;
- Adaptation of the spread to the stop loss - adapt the stop loss to spread;
- Max Spread - maximum allowed spread;
- Stop strategy trend - disable trend-following trading for a certain time (from 5 minutes to 24 hours) if the average spread
exceeds Max_Spread;
- Economic news filter:
- Select http or https - the Protocol to download the economic news;
- use_high(medium/low)_news - trade high/medium/low-impact news;
- News_update_every_N_minutes - update news every N minutes;
- Colors of news lines on the chart;
- Show time on lines - show time for news lines;
- Style/width_Lines - style/width of lines.
Trading within the week:
- Monday - trade on Monday;
- ...
- Friday - trade on Friday.
Time trading within a day:
- Use time - if true, the EA trades by time;
- GMT setting - GMT settings;
- GMT Auto ( only for real ) - automatic detection of the GMT shift (not for a tester);
- GMT Mode - manual setting;
- GMT_mode - GMT offset of the broker server time (0 - disabled);
- Every_Day_Start - operation start time (hh:mm);
- Every_Day_End - operation end time (hh:mm).
Time to disable on Friday:
- Use time - if true, the EA trades by time;
- Disable_in_Friday - operation end time on Friday (hh:mm).
