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Olivos Pro is a fully automated Expert Advisor that use Support and Resistance Strategy.
Support and resistance is one of the most widely followed technical analysis techniques in the financial markets.
It is a simple method to analyze a chart quickly to determine T he direction of the market and T iming an entry in the market .
Olivos Pro also use three moving average indicator to determine the market is sideways.
Currency Pair : EURUSD, GBPUSD, AUDUSD, USDCAD, NZDUSD, USDCHF, USDJPY, GPBCAD, XAUUSDTime Frame : M15Minimum Balance : 300 usd or 300 cent per pair | 1000 usd or 1000 cent for 5 pairsSetup : Default
For XAUUSD, please use set file at comment #1
Real-time results can be viewed : https://www.mql5.com/en/signals/790542
SETUP PARAMETER :
Trading_Gold : Set true for trading gold (XAUUSD)
Use_Martingale : Set true for Martingale Strategy
Buy_Stoploss_Point : Stop Loss in point for Buy (for set Use_Matingale = False)
Buy_Takeprofit_Point : Take profit in point for Buy
Sell_Stoploss_Point : S top Loss in point for Sell (for set Use_Matingale = False)
Sell_Takeprofit_Point : Take profit in point for Sell
Use_Awesome_Oscillator : Set True if want use Awesome Oscillator to close trade (for set Use_Matingale = False)
Min_Profit_Point : Minimum Profit in point
Target_Profit_Limit : Alert profit by % balance
Target_Loss_Limit : Alert Loss by % balance
Auto_Lots : Set true for auto lot size
Trade_Lots : Lot size for set Auto_Lots = False
Magic_Number : Magic Number Trade
Max_Lot : Maximum lot size
Multiplier : Miltiplier lot size for martingale strategy
Grid_Distance : Grid Distance for martingale strategy
Distance_Type : Fixed or Widely
Take_Profit_Pips : Take Profit in pips
Take_Profit_Usd : Take Profit in $
Pips_Level_1 : Pips Distance level 1 for Distance Type = Widely
Pips_Level_2 : Pips Distance level 2 for Distance Type = Widely
Pips_Level_3 : Pips Distance level 3 for Distance Type = Widely
Pips_Level_4 : Pips Distance level 4 for Distance Type = Widely
Pips_Level_5 : Pips Distance level 5 for Distance Type = Widely
Pips_Level_6 : Pips Distance level 6 for Distance Type = Widely
Pips_Level_7 : Pips Distance level 7 for Distance Type = Widely
Pips_Level_8 : Pips Distance level 8 for Distance Type = Widely
Pips_Level_9 : Pips Distance level 9 for Distance Type = Widely
Pips_Level_10 : Pips Distance level 10 for Distance Type = Widely
Pips_Level_11 : Pips Distance level 11 for Distance Type = Widely
Pips_Level_12 : Pips Distance level 12 for Distance Type = Widely
Pips_Level_13 : Pips Distance level 13 for Distance Type = Widely
Pips_Level_14 : Pips Distance level 14 for Distance Type = Widely
Pips_Level_15 : Pips Distance level 15 for Distance Type = Widely
Pips_Level_16 : Pips Distance level 16 for Distance Type = Widely
Pips_Level_17 : Pips Distance level 17 for Distance Type = Widely
Pips_Level_18 : Pips Distance level 18 for Distance Type = Widely
Pips_Level_19 : Pips Distance level 19 for Distance Type = Widely
Pips_Level_20 : Pips Distance level 20 for Distance Type = Widely