Description
Welcome.
The expert uses a super advanced algorithm to trade above or below a specific trendline,thus can avoid very sudden moves that kill many accounts in the past.
Several types of take profit are used for better performance.
Strategy of positions are completely different of the other EAs.It opens 2 same sized trades,then IT MARTINGALES.Making the DD much less in difficult conditions.
A super sophisticated strategy which allows the EA to close positions in loss (Virtual Stop Loss) if the strength of price is high,helping the account to survive.
A super clever overlap system added.
Plus,when the EA opens the recovery positions,it does not open them blindly,but based on several market conditions.
DUE to hundreds of variables and drawings,the test in ticks will be very very slow.So,try to focus on the STRATEGY.
Recommendations:
- Low spread broker VERY IMPORTANT!
- 1500+$ balance or more as in forex we all know,the more the better.
- The default settings TRADE ,FX pairs. OFCOURSE you can optimize it as per your needs.I personally use default.
- FOREX PAIRS MUST USE DISTANCE INPUT,TP in pips ,WITHOUT ZERO (0) . For Gold we add a (0) .OFCOURSE you can optimize it as per your needs.
- 1M ,5M or 15M timeframe .The EA can trade in any timeframe though.
Each timeframe generates different trades as on each timeframe the trend is different.
Each trader can use it as per his needs!
Inputs:
- First two starting lot:The lot size for the first four positions.
- After 2 starting lot:The lot size for the next 3 positions after the 4th opened positions.
- Min_Distance_in_pips_between_FIRST_2_trades : The minimum distance between the first 7 trades.
- Min_Distance_in_pips_between_trades_after_3rd : The minimum distance after the 7 trades.
- Multiplier Martingale:The multiplier for the positions after the above are opened.
- Stop Loss Pips:The stop loss in pips.
- Max Lot:The max lot size a position can have.
- Max Sells:The max sells.
- Max Buys:The max buys.
- Money Trailing:The trailing in money for profit.
- Virtual Stop Loss VSL The higher the value the lower the loss:This input will close positions in loss based on a number of conditions.The default value is -1.
IMPORTANT:if YOU SET POSITIVE NUMBER,the EA WILL not close IN LOSS NEVER.
If you set for example -100,the max loss ,IF THE Conditions met and the EA close positions,will be -100 OR lower.
NEW IMPUTS:
- DD Buys:The value must be negative.So,after the DD reaches this specific value ,the EA will change the lot multiplier(as you wish) AND THE MOST IMPORTANT,the new positions will open only in reversals.
- DD sells:The same as above.
- New multiplier after the DD:This will be the new multiplier AFTER the DD.