- UPDATE 1.2 IS OUT - PLEASE READ ALL THE DESCRIPTION BEFORE USE IT
monitoring signal ---> EURUSD H4 | 14 Symbols H4
THE EA IS ALREADY OPTIMIZED FOR EURUSD H4, YOU ONLY HAVE TO CHANGE MAX ORDERS TO 5 IN ORDER TO WORK.
LL Long Term EA is an algorithm developed to apply a long-term strategy . The main features are the use of grid pending orders for both recovery and continuation in the trend, the use of the martingale, selectable via the multiplier . Processing a series of data through various indicators , the EA selects the best possible entry into the market, activating a recovery system by placing pending limit orders, also adding stop orders to favor trend continuation and early exit. The EA is optimized for EURUSD at H4 , just select from the setting panel the number of maximum orders to 5 and launch the EA. All other symbols require a specific optimization.
These are the settings:
- Working Symbols (here you can write the symbols to work with, use comma to separate like EURUSD,GBPUSD etc.)
- Start Hour (here you can input the start time of the EA)
- End Hour (here you can input the end working time of the EA)
- Lotsize (you can choose the starting lotsize of the EA, I suggest, for a longterm stable mode, to not touch and leave at minimum)
- Max Pending Orders ( you must select your maximum amount of pending orders, I suggest a number of 5 orders)
- Lot Multiplier (default is 200, which means that you double the lotsize for each new pending order)
- Distance for Stop Orders (the EA works both with Pending Stop and Limits, so this is the distance for each Stop Order)
- Distance for Limit Orders ( the EA works both with Pending Stop and Limits, so this is the distance for each Limit Order, must be negative)
- SL Money (here you can input the maximum amount of loss, must be negative)
- Trailing Money (the amount of profit in money to start the trailing)
- Trailing Distance (the distance from the start trailing point, this is the amount of money you start secure in profit)
