This Expert Advisor identifies trend reversals based on fractals and some other indicators. If the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar’s lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). In case other indicators allow trading, a trade is performed (their settings can be customized for optimization).
Input parameters
- Lots – lot size (if Lots=0, then the lot will be calculated based on the percentage of account free margin);
- Percentage of free money – percentage of free margin to open each new trade (applicable when Lots=0);
- MaxSpread – the maximum allowable spread to open trades (for floating-spread symbols, to avoid opening with a large spread);
- Magic – unique identifier (use different magic numbers if multiple Expert Advisors run in your terminal);
- StopLoss – stop loss in points;
- TakeProfit – take profit in points;
- Stop to breakeven after – move stop loss to breakeven after a specified number of points;
- TrailingStopValue – trailing stop value in points (distance from the current price of the currency pair), if set to 0, trailing stop is not used;
- OrderComments – comments of opened orders.
- FastMAPeriod – period of the fast moving average.
- SlowMAPeriod – period of the slow moving average.
- EnableMACD – enable/disable the MACD indicator.
- MACDPeriod1 – period of the first MACD line.
- MACDPeriod2 – period of the second MACD line.
- SignalMACD – period of the MACD signal line (0 – do not use the signal line).
- AdxPeriod – ADX indicator period.
- MinAdxLevel – ADX indicator minimum level.
- MaxAdxLevel – ADX indicator maximum level.
- Trading start hour – trading start hour.
- Trading end hour – trading end hour.
Some test results and settings are available in the Comments section.
© 版权声明
文章版权归作者所有,未经允许请勿转载。
THE END