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REGISTER PARTICIPANTS Expert Conqueror Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 13, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #conqueror

    conqueror-logo-200x200-4018.png

    This is a fully automated trading robot. Conqueror trades using pending orders, and modifies the pending orders following the market price movement. At the start, the Expert Advisor places two pending orders - BUY STOP and SELL STOP at a certain distance from the price equal to Distance, and then moves the orders following the price movement by modifying them every few seconds - MoveStopOrderSec. Also, in case of a strong movement, the EA places additional orders in the direction of the movement - DistanceAddOrder, each order has an individual trailing stop - SLTrailing. In order to avoid modification of pending orders on each pip, the EA uses MoveStopOrderStep - the minimal distance, below which orders will not be moved following the price.

    Key Advantages of the EA:

    • Does not use Martingale.
    • No arbitrage.
    • No Grid.
    • Always uses stop loss to protect capital.
    • User friendly.
    • Works with any brokers that provide ECN accounts.
    • It can work with a small deposit.
    • Only pending orders.
    • Can work with fixed lot and MM.
    • The Expert Advisor can work on any pairs, recommended: GBPJPY and GBPUSD.
    Requirements and Recommendations
    • 5-digit quotes.
    • Maximum allowed spread0 to 20 pips.
    • Minimum deposit is 100$.
    • Use VPS or hosting server with minimal network latency to the broker's server.
    • 24/7 terminal operation.
    • ECN broker with low commission and spread.
    • Working timeframe M1
    Parameters
    • Distance - the distance between the price and the pending orders
    • DistanceAddOrder - the distance, at which additional pending orders should be placed after one of the initial orders triggers, while the second one is deleted.
    • SLTrailing - the distance at which Trailing Stop shall trigger.
    • TrailingStep - the step of the Trailing Stop.
    • MM_Mode - lot calculation mode: as a percent or fixed lot.
    • Vol - order volume.
    • MoveStopOrderSec - time in seconds, after which the orders shall be moved following the price.
    • MoveStopOrderStep - the minimum distance, below which orders will not be moved.
    • Magic - the EA's magic number
    • Slippage - allowable slippage

    conqueror-screen-6137.jpg conqueror-screen-4341.jpg conqueror-screen-6010.jpg

     
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