One Direction Pro is a combination of hedging, Grid averaging, pyramiding, lot martingale - anti martingale strategies, which aims to enter and exit the market as quickly as possible so as not to be trapped by unexpected market changes.
Bot Explanation | MT5 version | Setfile: pls leave a message on the comment tab, I will send you the latest setfile
Expert parameters:1. Manage Open Positions+ Continue New Cycle: If False, then the Expert Will Only Manage The Remaining Open Positions and Will Not Open New Positions When All Positions Have Been Closed.+ Trade Buy: allow buy+ Trade Sell: allow sell+ Select Entry Method+ Period in bars for indicators : Average period+ Distance from High & Low Bands & Envelopes(in pips) : Distance form high and low to start trade+ Minimum Wave : Minimum wave to start trade+ Maximum Wave : Maximum wave to stop trade+ Reverse: Reverse main signal+ Trend Filter: Trend filter for main signals+ Reverse Trend Filter
2. Manage Lot and Money+ Lot Type: Select lot type+ AutoLot (ex. 1000 $ = 0.01): Manage lots+ if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Ex. Balance 5000, fill in 1000, Autolot = 0.05)+ if Autolot = false, fill in Start Lot: fill in the initial lot+ Multiplier for Martingale 3/Anti Martingale 2/Mix Lot: Multiplier lot coefficient+ Maximal Lots: max lots per trade+ Maxtrade: Max trade allowed
3. Manage GRID+ Open Next Grid only on a new bar+ Open Next Grid on Trend Direction+ Step (in pips): Distance to open the next position+ Expanding Step Coefficient: step multiplier coefficient
4. Change Step Parameters+ Change Step: allow change step+ Lots to start changing step+ Change Step to(in pips)+ Expanding Step Coefficient: step multiplier coefficient for change step
5. Manage Close+ Use Close : enable/disable close method+ Select Close Method : Select between close by opposite signal or close in the middle+ Cut loss if loss, $: close all positions when the cutloss target is reached, in money.+ Cut loss if Drawdown, %: close all positions when the drawdown target is reached, in percentage.
6. Manage SLTP+ Use Stoploss and Take Profit, in pips+ Stop Loss(in pips), 0= no stoploss+ Take Profit(in pips), 0= no take profit
7. Manage Trailing+ Averaging Trailing, in pips: Trailing all in pips+ Trailing Start (in pips): Trailing starts in pips+ Trailling Size (in pips): Step trailing in pips
8. Manage Break Even+ Use Break Even: Enable Break even+ Break Even Start, in pips+ Break Even Step, in pips
9. Manage News+ Stop Trade by News: Allow news filter+ Indent after News, minutes+ Indent before News, minutes+ Enable light news+ Enable medium news+ Enable hard news+ Auto GMT : enable auto GMT+ If Auto GMT= false, Fill in GMT Offset+ Currency to display the news (empty - only the current currencies)+ Show timer before and after news.+ Period news updates in seconds
10. Manage Drawdown Reduction+ Use Auto Close Partial:+ Select Close Partial Method:+ Close partial buy & sell: partial close by bringing 1 buy loss & 1 sell loss+ Close partial buy / sell: partial close by bringing only 1 buy loss or 1 sell loss.+ Close partial all: A combination of close partial buy & sell and close partial buy / sell.+ Number of trades to activate partial close: Minimum open positions to start partial close.+ Select Partial Takeprofit Method : Pips or Money+ Minimum profit to close partial : Minimum profit to do partial close+ Use Auto Close Partial, in percentage: Close partial in percentage+ Number of trades to activate partial close: Minimum open positions to start partial close.+ 1st Percentage profit to close partial 2, %: Minimum profit 1st last position to do partial close.+ 2nd Percentage profit to close partial 2, %: Minimum profit 2nd last position to do partial close.
11. Time Management+ Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker's server time.+ Trade Start Time: Time to start trades+ Trade End Time: The time the trading session ends
12. Continue new cycle management: start new cycle at the specified hour. Timing use local time or vps time.
13. Manage Others+ Max Spread (in Pips): spread allowed+ Magic number : EA identifies open positions based on this magic number. Fill in 0 (Zero) so that ea can recognize all positions opened manually or by other eas.