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REGISTER PARTICIPANTS Expert Big Brother Mt4

Discussion in 'Trading Robots Expert Advisors MetaTrader 4' started by James Goldman, Oct 12, 2020.

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  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

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    Expert Big Brother Mt4
    #bigbrother


    big-brother-logo-200x200-8281.png

    Big Brother is a fully automated Expert Advisor, which applies an original algorithm for calculations and management of Take Profit and Stop Loss. It is based both on grid trading and on algorithmic trading. The system does not use elements of risky strategies. It has been created as safe for trading as possible. Some special time and price filters applied, to eliminate critical trades. The main indicator used for determining market entries is Moving Averages Convergence/Divergence. Decisions are made at a bar opening.

    Recommendations
    • Configured to trade EURUSD with 5-digit quotes. Timeframe does not matter.
    • Use 0.01 lot per 200-300 units of currency. If the deposit is below $200, use a cent account.
    • Configure TimeZone in the EA settings.
    Configurations
    Lot Calculation

    • ModeLots - lot calculation type:
      • ManualLot - set manually;
      • PercentDeposit - trading lot recalculation based on the PercentDeposit parameter.
    • LotSize - fixed lot value set manually;
    • PercentDeposit - percentage of the deposit for a lot calculation.
    Order closing properties
    • TimeZone - difference between your broker's time and GMT.
    • BetterPricePips - the number of points after which the EA should look for a better price;
    • DynamicTakeProfit - dynamic take profit (controlled programmatically);
    • DynamicStopLoss - dynamic stop loss (controlled programmatically).
    Parameters of Moving Averages Convergence/Divergence.
    • FastEmaPeriod - averaging period for calculation of the fast moving average;
    • SlowEmaPeriod - averaging period for calculation of the slow moving average;
    • SignalPeriod - averaging period for calculation of the signal line;
    • AppliedPrice - price used for calculations;
    • Mode - indicator line index. (0-MODE_MAIN, 1-MODE_SIGNAL);
    • Shift - shift relative to the current bar by the specified number of periods back;
    Trail Stop
    • TrailingStart - trailing start;
    • TrailingStop - the Trailing Stop function.
    • TrailingStep - trailing step value.
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    #1 James Goldman, Oct 12, 2020
    Last edited by a moderator: Nov 1, 2020

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