An automatic trend trading advisor based on an analysis of the current market situation.
The adviser determines the direction of the market, monitors built-in indicators, builds breakdown levels and enters the market after they cross. In this case, irrelevant levels are deleted. Advisor is fully automated and ready to go.
Please see all my products: https://www.mql5.com/en/users/en_coding/seller
Advantage:
- does not use locks, grids, sitouts, arbitrage and other risky trading strategies;
- high profitability even with conservative settings;
- easy to use and optimize;
- flexible setup of Money Management and position management;
- every trade is protected by stop loss.
Recommendations:
- Minimum deposit: $ 100;
- The main currency instruments: AUDUSD, EURUSD, GBPUSD, USDCHF, USDJPY (and others, depending on the relevance of the sets);
- Traded timeframe: D1;
- Type of account: any, to reduce the cost of spreads – ECN.
- Use of VPS is recommended.
Main parameters:
SetName | – | set name |
AutoLots | – | inclusion of automatic volume |
Risk | – | risk percentage, with automatic volume enabled calculated from StopLoss |
Multiply | – | increase in the volume of the next order |
mLot | – | multiplication factor of the next volume |
MaxLot | – | maximum order volume, with the Multiply parameter enabled |
Lots | – | fixed order volume |
ADXPeriod | – | ADX indicator period |
HMAPeriod | – | HMA indicator period |
TakeProfit | – | fixed take profit in points |
StopLoss | – | fixed stop loss in points |
Buffer | – | indent from the breakdown level in points |
TrailOrders | – | enable trailing orders |
StartTrail | – | start trailing orders in points |
StepTrail | – | step trailing orders in points |
MaxSpread | – | maximum spread for opening an order |
MagicNumber | – | unique order number |
Comm | – | commentary on the order |
DisplayMode | – | turning on the visual mode |
The parameter values in points are expressed in a 4-digit format, translation to 5 digits occurs automatically.
You can download the current sets for the adviser at: https://www.mql5.com/ru/blogs/post/736984
All author sets are optimized and tested at 99% in terms of quotes quality, real spread and slippage.
Important: before using on real accounts, be sure to test, be sure to test the adviser in the tester or demo.