Orion EA uses indicators to enter and exit orders. Giving
you the choice of times to open orders. Orion EA works on both 4 and 5-digit
quotes. This EA gives you the option of max spread which prevent EA from
opening order during high spread. When a opposite signal appears: if there is
an open order in profit, then the EA closes it; if the open order is in loss,
the EA opens opposite orders. The EA has a Overlap Order option, this gives it
the ability to use percentage of profit from the last order to reduces losses.
News filter option allows Orion EA to receive a continuous feed from new agent.
News filter will stop trades from opening during impact news. Orion EA also has
a auto lot which allows EA to increase the lot size according to the
amount of balance.
Input parameters
- Before a high importance news – Time which to stop the EA before high impact news in
minutes. - After a high importance news – Time which to stop the EA after high impact news in
minutes. - Before a medium importance news – Time which to stop the EA before medium impact news in
minutes. - After a medium importance news – Time which to stop the EA after medium impact news in
minutes. - Starts Lots –
initial lot size. - Lot Multiplier – lot multiplier for the second and subsequent orders.
- Max Lot –
Maximum lot size. - Max. Locked Orders – Maximum number of locking orders.
- Grid Step –
Minimum distance between orders after the end of locking orders. - Take Profit, (points) – Take profit in points.
- Stop Loss, (points) – Stop loss in points from the initial order.
- Trail Start, (points) – Trailing start point.
- Trail Distance, (points) – Trailing stop distance.
- Overlap Order – Enable/Disable recovering loss-making orders by the last
one. - Overlap order number – The point from which the EA will start overlapping.
- Overlap percent – The percentage of profit from the last order.
- Distance –
The distance between each order. - Start Time –
The time the EA will start working (broker server time). - Stop Time –
The time the EA will stop opening new orders. - Magic – Unique EA magic number.
- Enable Max Spread – Enable/ Disable.
- Max spread –
Maximum spread, at which the EA is allowed to open and close
positions - Autolot –
enable/disable auto lot calculation. - Autolot size –
amount of the deposit, on which Lot is to be used when Auto lot is
enabled.
To
enable news filter, tick the open Tools > Options > Expert Advisors. Tick
allow WebRequests for listed URL > Add the following:
“http://ec.forexprostools.com” and
“http://www.worldtimeserver.com” then press OK.