A trading algorithm which is based on trend strategy. Opening and closing rules used in this trading system are handle by trend and oscillator indicators. Its input parameters are customizable. Therefore, it can be optimized on any instruments using any time interval.
Default set is for EURUSD on 1 hour timeframe.
To download set files for different pairs , click here .
Requirements
- Minimum deposit of $100 per 0.01 lot per pair
- Low spread brokers.
- Uninterruptible internet connection or VPS;
Input Parameters
- FixedLots - Fixed trading volume for every open positions if 'UseMoneyManagement' parameter is set to false
- UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below
- MaximumRisk - percentage of initial deposit to be used in opening a single trade;
- DecreaseFactor - variable for decreasing trading lot.
- SL - Stop loss for every trades;
- TP - Take Profit for every trades ;
- BB_Periodb - Period of first indicator for opening buy positions;
- BB_Deviationb - Deviation of first indicator for opening buy positions ;
- CCI_Periodb - Period of second indicator for opening buy positions;
- MA_Periodb - Period of indicator for exit buy positions;
- BB_Periods - Period of first indicator for opening sell positions;
- BB_Deviations - Deviation of first indicator for opening sell positions;
- CCI_Periods - Period of second indicator for opening sell positions;
- MA_Periods - Period of indicator for exit sell positions;
- UseAlgo_S - If set true, the EA use algorithm for opening only sell positions;
- UseAlgo_B - If set true, the EA use algorithm for opening only buy positions;
- UseTrailing - If set true, every opened positions is trailed using inbuilt trailing algorithm;
- UseTradeExitLogic - If set true, opened positions can be closed with trade closing algorithm;
- FIFO - If set true, the EA only manage one position of a pair at a time, no duplicated order;
- RS_MaximumTolerantSpread - This is the maximum allowable spread for the EA to open positions;
- TrailingPoint - Variable used to adjust trailing price level of open orders;
- Display_EA_Name - if set true, dashboard of the EA is displayed;
- Common Magic Number - trade identification number;
- UseErrorAlert - if set true, EA will make sound alert if there is error in the value of parameter used.
How to install expert advisor
- Right click on the expert in the navigation panel
- Choose 'attach to a chart' from option shown
- Click 'common' tab and check 'allow live trading'
- Click 'input' tab and input your settings in the dialog or click 'load' tab to load your pre downloaded set
- Click OK.
At the top right corner of the chart there should be an object there, smiling.
If not smiling, make sure you enable automatic trading.
To enable automatic trading, single click ' Auto Trading ' tab with RED dot at the menu bar, it should immediately change to GREEN arrow.
