Classic Lock is a trading system that combines several different algorithms: both for opening a transaction and for its support. The system uses averaging, hedging, and in its essence, is a breakout strategy that trades with the trend. The strategy can trade on almost any instrument: gold, oil, currency pairs, etc. Good for trading in volatile markets.
Features:
• The Expert Advisor can be attached to ANY TIMEFRAME, since the settings already contain the trading parameter for the required timeframe (the "TimeFrame_for_Strategy" parameter).
• You can use any types of accounts: RAW/ECN, Standard, Cent.
• To increase the likelihood of success, if you are trading in semi-automatic mode , set the direction of the 1st transaction using the direction of the trend on higher timeframes , also assessing the political and economic situation at the current moment. This can be done both in the EA parameters and using the buttons on the chart (First BUY , First Sell ).
• The EA has several strategies for opening the 1st trade in a series of positions (the "Select_Enter_Signal" parameter). If you want to immediately start a new series of positions, then use the buttons on the chart " Fast 1st BUY " or " Fast 1st SELL ".TRADING INSTRUCTION STEP BY STEP : attach the adviser to the chart, load the required settings. Ready!
If you are trading in semi-automatic mode you also have to set the most likely direction for the first trade (Buy or Sell).
Set files (settings) and a detailed description of the EA parameters can be found on the blog page: https://www.mql5.com/en/blogs/post/749757
P.S. Important points on the work of an expert will be discussed in the comments thread, read and ask questions!
