The Endeavor expert works using price levels that... Based on stronger levels, the algorithm generates an input signal. Topping up the series is carried out at levels that are weaker but are more often recorded. Maximum replenishment of 8 orders in a series in one direction. To equalize profits and losses, a take profit correction algorithm has been created. The take profit specified in the settings is applied if there are already all 8 orders in the series. If there are fewer orders, the take profit is proportionally increased. Such a system was created to balance the profit/loss from critical losses. Also, as a result of such a system, one deal is rarely closed and more often the series is statistically closed in half. In this way, the bot balances losses and profits in the system with a series of transactions and a fairly reliable system is obtained.
It is recommended to optimize for 1-3 months and work for 1 month. This test was carried out on M1 timeframes and the EURUSD currency pair. You can configure both scalpel and trend.
Key bot parameters
- Type Filling - order execution policy (choose for your broker).
- Magic - magic number.
- Lot - lot size for entering the market.
- Money Management On - calculate the lot from the deposit.
- Stop Loss - stop loss.
- Take Profit - take profit.
- VirtualTakeProfit - virtual take profit.
