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REGISTER PARTICIPANTS Expert Boom Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 11, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #boom

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    The Expert Advisor is based on the indicator analysis. Trading decisions are made using Moving Average values. Indicators can be configured by external variables:

    • TF = 0 - select a working timeframe. It can be one of the chart periods. 0 means the current chart period. 1 - 1 minute. 5 - 5 minutes. 15 - 15 minutes. 30 - 30 minutes. 60 - 1 hour. 240 - 4 hours. 1440 - 1 day. 10 080 - 1 week. 43 200 - 1 month.
    • shift = 0 - index of obtained value from the indicator buffer (shifting back by specified periods relative to the current bar).
    • period_fast = 5 - Fast Moving Average period.
    • period_slow = 12 - Slow Moving Average period.
    • mehod = 0 - averaging method. It can have any values of the Moving Average method (Moving Average). 0 - (SMA) Simple Moving Average. 1 - (EMA) Exponential Moving Average. SMMA 2 - (SMMA) Smoothed Moving Average. LWMA 3 - (LWMA) Linear weighed Moving Average.
    • applied = 0 - applied price. It can be any of the price constants. 0 - (CLOSE) Close price. 1 - (OPEN) Open price. 2 - (HIGH) maximum price. 3 - (LOW) minimum price. 4 - (MEDIAN) average price, (high+low)/2. 5 - (TYPICAL) typical price, (high+low+close)/3. 6 - (WEIGHTED) weighted close price, (high+low+close+close)/4.
    • MagicNumber = 2808 - order magic number.
    Restrictive operation by time is used as a filter in the EA operation. The settings are as follows:

    • StartHour=07 - operation start hours
    • StartMinute=01 - operation start minutes
    • StopHour=19 - operation stop hours
    • StopMinute=59 - operation stop minutes
    Each opened position is protected against drawdown by a "lock". It can be configured as follows:

    • step_lock = 25 - distance in points before opening the next locking order
    • koef_lot = 2 - lot ratio for locking positions
    • Profit_Plus = 30 - profit level when exiting a drawdown
    The EA also allows you to configure loss and profit levels for main positions, money management and trailing open positions.

    • StopLoss = 0 - loss level in points
    • TakeProfit = 0 - profit level in points
    • Lots = 0.1 - forced deal volume; if 0, ММ is enabled
    • Choice_method = false - select ММ method based on free funds or the balance
    • Risk = 0.3 - ММ risk volume, lot auto calculation
    • MarketWatch = False - set profit and loss levels by modification
    • Slippage = 30 - slippage level
    • TSProfitOnly = true - switch the zone where trailing is to start working. If True, trailing starts working only when position profit reaches amount of points equal to TStop_Buy/Sell+TrailingStep. If False, the EA simply ensures that a stop level relative to the current price is always not further than TStop_Buy/Sell+TrailingStep amount of points. In other words, if True, the EA works only in a profitable position area, while if False, in a negative, as well.
    • TStop_Buy = 12 - buy trailing in points.
    • TStop_Sell = 12 - sell trailing in points.
    • TrailingStep = 1 - trailing step in points. This is necessary to avoid sending requests to a dealer too frequently.

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