A trading adviser using an algorithm based on the ability to adapt to the current market situation.
Signals: https://www.mql5.com/en/signals/author/old_padre
Sets are in the “Comments” section comments #47-52.
Key Advantages
- The EA does not use Martingale (Default sets);
- The minimum starting deposit is $100;
- No need to close the robot during news releases;
- It works with 4 and 5-digit quotes;
- A constructor of unique strategies;
- All orders are opened with a strictly fixed Stop Loss;
- Adaptive algorithm.
Working parameters
- Currency pairs: EUR/USD;
- Leverage: >200;
- Timeframe: any (default parameters are optimized for M5);
- Broker: any;
- Account: ECN;
- To use Trailing Stop, it is highly recommended to have an account with zero Stop Levels.
General Trading Settings
- Start trading – enable/disable the Expert Advisor.
- TakeProfit – take profit value for the orders opened by the EA, depends on the specific currency pair and trading style (if set to zero, ATR values are used);
- StopLoss – stop loss value, depending on the trading style (if set to zero, ATR values are used).
- Maximum spread – maximum allowable spread;
- Slip – maximum allowed slippage.
- MagicNumber – unique number of positions opened by the EA;
- Set name – Set name;
- Comment for order – a unique comment on open positions by an adviser.
SETTINGS for OPTIMIZATION
- Quantum algorithm level – select the quantum model level;
- Level StopLoss in % (ATR) – stop loss level in % relative to ATR;
- Period RSI – RSI parameter;
- High level RSI – RSI parameter;
- Low level RSI – RSI parameter;
- Open support order on the new bar of the current TM – opening supportive orders at the current timeframe bar; otherwise orders will be opened at the M5 bar;
- Maximum support orders – the maximum number of open support orders;
- Use DownLotExponent in support orders – enable/disable lot exponent reduction parameter for support orders;
- LotExponent in support orders – lot exponent for support orders;
- Use smart distance between support orders – use an algorithm to automatically determine the minimum distance between support orders;
- Minimum distance between support orders – the minimum distance between support orders.
RISK MANAGEMENT
- Lots – initial lot size. It is activated, if the values of Risk and DepoStep are zero;
- Risk – percentage of the deposit balance to increase the initial lot. It is activated, if the value of Lots size is zero;
- DepoStep – deposit size step for doubling the initial lot. It is activated, if the values of Lots and Risk are zero.
- Stop by equity – enable/disable limitation of losses by equity.
- Value of equity – allowable loss by equity, at which all orders previously opened by the EA are closed.
TRAILING STOP LOSS
- Use Trailing Stop – enable/disable the Trailing Stop parameter.
- Fixed trailing size – size of the Trailing Stop in points from the order opening price;
- The size of the correction Trailing Stop – price range in points from Fixed trailing size to trigger Trailing Stop;
- The size of the correction Trailing Stop Level II – the range of the price movement in points from Fixed trailing size to the triggering of Trailing Stop Level 2.
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