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REGISTER PARTICIPANTS Expert Counterstrike Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 8, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #counterstrike

    counterstrike-logo-200x200-4719.png

    After a strong price movement in one direction, an order is opened into the opposite direction. No martingale, no grid, no more than one order is opened, always with StopLoss - profitable and safe. The EA uses <a target="_blank" You are not allowed to view links. Register or Login indicator for its strategy in GBPUSD. When a M5 bar closes and exceeds the set 240% of the average price movement, an order is opened in the opposite direction. In few cases, an order is opened into the same direction as extra function that can be disabled. Two moving averages filter the signals. The hour, at which a signal is triggered, is important for the strategy - don't forget to set UTC correctly!

    In some cases, the StopLoss is cut in half and the lot size is doubled, so the risk for the position stays the same but profit may double. Normally, no TakeProfit is used, a trailing stop as used in the <a target="_blank" You are not allowed to view links. Register or Login (see video there) lets the profits run. In some few cases, a TakeProfit is used, as shown in the video.

    The EA works quite efficiently with constantly growing profit and low drawdowns since 2010, as backtests show. The less trend GBPUSD has, the better the EA works. For that reason, the backtest result is getting better every year since 2010.

    Settings:
    • Auto_Moneymanage: automatic money management can be used or disabled
    • MiniLots: if set to 'true', automatic money management works in steps of 0.01 lot
    • MaximumRisk: how much % of account free margin is set on risk for each trade
    • Lots: lot size if automatic money management is disabled
    • StopLoss: the distance from order open price in points for buy orders
    • StopLossS: the distance from order open price in points for sell orders
    • TakeProfit: the distance from order open price in points where the trailing stop starts working for buy orders
    • TakeProfitS: the distance from order open price in points where the trailing stop starts working for sell orders
    • TrailProfit: the distance to the price where the StopLoss is following buy orders
    • TrailProfitS: the distance to the price where the StopLoss is following sell orders
    • FactorB: adjusts how much % of the average price movement must be exceeded to trigger a buy order
    • FactorS: adjusts how much % of the average price movement must be exceeded to trigger a sell order
    • UTC: timezone of the broker must be set according to time shown in 'Market Watch' (more info about timezones can be found in MS Windows date and time settings)
    • HrFriStop: hour when the EA stops opening orders on Fridays (this setting must not be changed, it is changing with the UTC setting)
    • HrFriClose: hour when the EA closes open orders on Fridays (this setting must not be changed, it is changing with the UTC setting)
    • MaxSpread: no order will be opened if the spread is wider than set, in points
    • PeriodMA: period of the first moving average that filters the signals
    • PeriodMA2: period of the second moving average that filters the signals
    • MAGICMA: magic number.
    • OrderOpenAlarm: set to 'true' a popup window and a sound alert informing that an order was opened
    • EmailAlarm: set to 'true' emails informing that an order was opened
    • filterGBPUSD: set to 'true' the filters for the strategy in GBPUSD. If the EA is used with other pairs, the filters should be disabled
    • extrafunctGBPUSD: set to 'true' some extra functions for the strategy in GBPUSD. If
      the EA is used with other pairs, this setting should be disabled
    • doubleLot1: if 'true', this first extra function cuts StopLoss in half and doubles the lot size (sometimes)
    • doubleLot2: if 'true', this second extra function cuts StopLoss in half and doubles the lot size (sometimes)

    counterstrike-screen-9479.png counterstrike-screen-2122.png counterstrike-screen-3732.png

     

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