This is an advance trading algorithm. Trading operation is carried out with the use of trend and momentum indicators. It consist of different trading strategies. Each strategy can be switch on or off. Every open open positions is also trailed with the use of inbuilt trailing setup.
Built to trade EURUSD on 1 hour timeframe.
Requirements
- Minimum deposit of $100
- Low spread brokers.
- Uninterruptible internet connection or VPS;
Input Parameters
- Display_EA_Name - if set true, dashboard of the EA is displayed;
- Magic Number - trade identification number;
- SL - Stop loss for every trades;
- TP - Take Profit for every trades ;
- 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.
- GT _MaximumTolerantSpread - This is the maximum allowable spread for the EA to open positions
- UseTradeCloseSetup - If set true, the expert advisor use the inbuilt trade closing algorithm to close opened trade. Note that this algorithm has been optimized to reduce risk to reward ratio of the trade opening system;
- ClosePositionOnFriday - If set true, every opened positions is trailed using inbuilt trailing algorithm;
- UseTaobelBuyer - If set true, the EA use 'Taobel' algorithm for opening only sell positions;
- UseTaobelSeller - If set true, the EA use 'Taobel' algorithm for opening only buy positions;
- UseAwesomeTraderProBuyer - If set true, the EA use 'AwesomeTraderPro' algorithm for opening opening opening only sell positions;
- UseAwesomeTraderProSeller - If set true, the EA use 'AwesomeTraderPro' algorithm opening only buy positions;
- UseSmartAlgoBuyer - If set true, the EA use 'SmartAlgo' algorithm for opening only sell positions;
- UseSmartAlgoSeller - If set true, the EA use 'SmartAlgo' algorithm for opening only buy positions;
- Use GoldenHero Buyer - If set true, the EA use ' Golden Hero ' algorithm for opening only sell positions;
- Use GoldenHero Seller - If set true, the EA use ' Golden Hero ' algorithm for opening only buy positions;
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.
