The algorithm of the advisor calculates the important support and resistance levels.
Next, the Expert Advisor calculates the probability of price movement “to” or “away” from this price level.
Support: https://www.mql5.com/en/channels/TrendHunter
If a high probability of price movement in the desired direction is determined, the advisor opens a deal.
- Each trade is protected by a stop loss.
- Dangerous trading methods are not used.
Recommended instruments (5M): GBPUSD, EURUSD, USDJPY, USDCAD.
Advisor installation procedure:
- Open 4 charts of currency pairs (GBPUSD, EURUSD, USDJPY, USDCAD);
- Drag the Tug advisor from the navigator window onto each chart.
- It is recommended to use a remote server (VPS) for smooth operation.
Settings:
- This LOT: – this lot
- For each of this amount (if> 0) – For each of this amount of funds on the account (if 0 lot here will be “This LOT”);
- MaxLot – You can limit the maximum lot;
- Fractal TF – Timeframe of the Fractals indicator;
- Bands Period – period of the Bands indicator;
- Bands Deviations – Deviation of the Bands indicator;
- Take Profit – Take profit;
- Stop Loss – Stop Loss;
- Start trailing (if 0 – does not work) – Start trailing stop;
- Trailing Stop – Trailing stop;
- Step Trailing Stop – Trailing stop step;
- Use the adviser’s working time? – Use of working time;
- The hour of commencement of trade – Hour of commencement of trade;
- Minute of commencement of trade – Minute of commencement of trade;
- Hour of the end of trade – Hour of the end of trade;
- Minute of the end of trade – Minute of the end of trade;
- Show info text? – Display of information text;
- Text size – Text size;
- Text color – Text color;
- Slippage – Maximum slippage level;
- Max Spread – Maximum spread;
- Magic Number – Magic number;
- Comments – Commentary on the expert’s trades.
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