Trading Robots for MetaTrader 5

MetaQuant

MetaQuant
250.00 USD225.00 USD

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Information

Experts
MetaTrader 5
5
Dimitar Manov
6 February 2012
1.1

Overview

This Expert Advisor is version of MetaQuant-ATC10, modified for one currency pair, with the possibility to adjust and optimize all parameters.

Of course, can be attached to more/several currency pairs and get a result like in the Automated Trading Championship 2010.

The Expert Advisor is based on the "Averaging Grid". If the position is developing at a loss, open new orders in variable step. The aim is to approach the average price of a position to the market price, so the correction will turn it to a profit and close.

Purpose and method of operation of the input parameters:

  1. StartType - identify the type of the first order after the start (Buy or Sell).
  2. Lot - volume of initial and subsequent orders.
  3. MaxLot - the maximum volume to which the position can reach (total volume of all orders).
  4. Trailing - Trailing Stop in the percentage of the profit (0.7=70%).
    The minimal profit is equal to the profit that would have won the position with a volume = Lot and difference in price = Step.
  5. Step - there are two purposes:
    • As a Take Profit - initially in reaching which is triggered Trailing Stop;
    • As a distance that will be opens up the second order, if the price goes towards losing direction

    Each subsequent order after second will be opened by changed step. How will be modified this step depends on the rate of "Agres".

    For the pairs with minor JPY currency (USDJPY, EURJPY, ...) the value of Step parameter must be multiplied by 100.

  6. Agres - aggression factor which determines the algorithm for calculating the step size to the next order.
    Reasonable values are from 0.0 to 1.0
    • Agres > 1.0 reduces the step between orders quickly and easily reach a point, that open orders on each tick (until the limit of the MaxLot).
    • At Agres = 1.0 (recommend) step between orders reduces both MetaQuant-ATC10 (approximately 100, 51, 32, 24, 20, 17, 15 ...)
    • If Agres = 0.0 orders will start after an equal number of pips. (Step).
    • If Agres < 0.0 orders will start with increasing step, which requires more correction to come up the position with profit. There is a risk of prolonged detention of a losing position.
  7. Invers - determines the direction of changing orders after the close of the previous series of orders.
    • When it is FALSE, new position is opened in the same direction as the previous one.
    • If TRUE, after closing BUY - opens SELL and open BUY after closing SELL.

14 DAYS MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 14 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: fxea.market@gmail.com.

Refund requests received more than 14 days after purchase will be rejected.

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RISK WARNING: ea-trade.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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