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The Expert Advisor uses a trend strategy based on several indicatorsĀ  Relative Strength, Average True Range and Stochastic Oscillator, also used for grid and averaging up to 6 orders.

The Expert Advisor uses the main timeframe H1 and M15, M30 as additional ones.

Orders use stop losses, take profit, breakeven, trailing stop, and a smart filter for moving positions to breakeven.

Version for Meta Trader 5:Ā 

For quick testing, use:

  • Methods for modeling ticks:
    • OHLC on the M1 orAt opening prices.

For quick testing, use:

  • Methods for modeling ticks:
    • OHLC on the M1 orAt opening prices.
  • OHLC on the M1 orAt opening prices.

Requirements and recommendations

  • The Expert Advisor can only be attached to one chart (any of the working pairs) – all trading on all pairs is conducted only from one chart! In the settings, you can enable and disable currencies.
  • The minimum recommended balance for the EA (when used on the recommended pairs and timeframes) is $ 1000 or$ 10 on a cent account.
  • A broker with five-digit and three-digit quotes.
  • Requires a regular VPS server.Ā ( The Expert Advisor does not work on VPS from mql5Ā )

[spoiler title=”Read More…”]

    • EURUSD – true currency used;
    • EURNZD – true currency used;
    • Magic_Start(Finish) – Transaction ID;
    • Symbols_Prefix (Suffix)_Name-enter ONLY the prefix (suffix) if the broker uses it in the symbol name (for example: “m.”(“. m”) if the pair name is “m. EURUSD”(“EURUSD. m”));
    • Custom_Risk – if true, the lot size increases when the account balance increases (risk management);
      • User_Balance – User Balance;
      • Add_to_User_Balance % – Add for User_Balance for a smooth transition to a new lot.
      • Lot_on_every– Lot size for each-User_Balance;
    • Use_Risk_StopLoss-Risk based on Stop Loss.
      • Custom_balance – FreeMargin = false or Balance = true.
      • Percentage Risk ā€” Percentage risk based on the stop loss.
    • Fixed_Lot – constant lot;
    • Order Type-trading directions;
    • Order Comment-comments on orders;
    • Slippage – slippage before the order is triggered;
    • Show_Info_Panel – information panel (false – quick backtest);
    • Show_additional_panel-profit panel for each month, only for backtest;
    • Adaptation of the spread to the stop loss – adaptation of the stop loss to the spread;
    • Max Spread – the maximum allowed spread;
    • Stop strategy trend-disable trading for a period of time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;
    • User_Balance – User Balance;
    • Add_to_User_Balance % – Add for User_Balance for a smooth transition to a new lot.
    • Lot_on_every– Lot size for each-User_Balance;
    • Custom_balance – FreeMargin = false or Balance = true.
    • Percentage Risk ā€” Percentage risk based on the stop loss.
    • Monday – if true, we trade on Monday;
    • Friday – if true, we trade on Friday.
    • Use time – in true, trading is timed;
    • GMT Mode-manual setting;
    • GMT_mode – the mode of the broker’s server time offset relative to GMT (0 – off );
    • Every_Day_Start – start time (hh: mm);
    • Every_Day_End – end time (hh: mm).
    • Use time – if true, the trade is timed;
    • Disable_in_Friday – end time on Friday (hh: mm).

    [/spoiler]

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