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REGISTER PARTICIPANTS Expert Ea Digital Smart System Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 6, 2020.

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  1. James Goldman

    James Goldman Moderator
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    ea-digital-scan-system-logo-200x200-6124.png

    EA Digital Scan System - fully automatic expert Advisor that searches for entry points using the author's digital scanning system

    The expert Advisor works with pending orders that can be moved to the best price, which eliminates slippage.

    It has two levels of take profit, virtual (Minimal TP), which closes most of the position when reached, and real (Maximal TP), which closes the remaining part of the position

    All trades are protected by stop loss levels, which can be automatic (-1 value) or set by the user

    Trades can be accompanied by trailing, which is configured in the expert Advisor settings

    It has a filter for trading time and protection against high spread
    Recommended pairs: GBPUSD, GBPCAD, GBPCHF, and other GBP pairs with a small spread of up to 10-15 pips

    Account and VPS requirements: ECN accounts with spreads from 0 pips and VPS with minimal ping to the broker

    Recommended timeframe for calculations and trading: H4
    If you set the recommended H4 timeframe in the settings and set the expert Advisor to a chart with a smaller timeframe, you can use it as a scalper. Trades will be opened once per bar (per candle), depending on the value of the Max Open Orders parameter

    INPUT PARAMETERS:
    === GENERAL SETTINGS ===
    Select Language
    - Select the interface language
    New Cycle - Enables / Disables the expert Advisor
    Max Spread - the Maximum allowed spread for trading
    Start Hour - start Hour of trade
    End Hour - end Hour of trade
    Working TF - working timeframe for calculations
    Close everything at the end of the day - Close all open trades at the end of the day regardless of profit
    Allow BUY - Allow BUY orders
    Allow SELL - Allow SELL orders
    === MONEY MANAGEMENT ===
    What Means to Use
    - what tools to use for automatic calculation of trading volumes when the Use Autolot parameter is enabled
    Use Autolot - Enable / Disable automatic calculation of trading volumes
    Autolot Size - The amount in the Deposit currency for automatic calculation of trading volumes
    Fix Lot - Fixed the amount of the order. It is used for trading a fixed volume or for automatic calculation when the Use Autolot parameter is enabled. Volume = Fix Lot * What Means to Use (for example, Balance) / Autolot Size
    Minimum Lot
    - Minimum position volume
    Maximum Lot - Maximum position volume
    Minimum TP, pips - the Minimum (virtual) TP level for closing most of the position
    Closing Coefficient by Min TP (if 0 = auto) - Coefficient for calculating the closed part of the position
    Maximum TP, pips - Maximum TP level
    Stop Loss, pips (if -1 = auto) - Stop loss. If the parameter is -1, the expert Advisor will calculate the stop loss automatically, depending on the market situation and the time frame on which it is set
    Max Open Orders, one direction (-1 no limit) - the Maximum number of simultaneously opened orders in one direction. If the parameter is = -1, then no restrictions
    Distance from the Price for a pending order, pips - Distance from the current price to the price of placing a pending order
    Order Expiration, minutes - the lifetime of the pending order in minutes. The minimum value is 15 minutes
    Moving Pending to Best Price - whether or not to Move a pending order to the best price
    === TRAILING SETTINGS ===
    Trailing only profit zone
    - Follow positions with trailing only in the profit zone or in the unprofitable zone.
    Trailing Stop Size, pips - the size of the trawl
    Trailing Step, pips - the step of the trawl
    === OTHER SETTINGS ===
    Show Info on the Chart
    - Enable / Disable displaying trade statistics on the chart
    Magic Number - the Magic number used by the expert Advisor to distinguish its orders from orders opened by other expert advisors or orders opened manually

    ea-digital-scan-system-screen-6393.png ea-digital-scan-system-screen-3568.png ea-digital-scan-system-screen-5432.png

     

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