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REGISTER PARTICIPANTS Expert Flying Dutchman Ea Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 7, 2020.

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  1. Emma McNeill

    Emma McNeill Moderator
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    #flyingdutchmanea

    flying-dutchman-ea-logo-200x200-1915.png

    The advisor determines the flat and sets the order opening levels. It is built on a template using an advanced grid algorithm and a function of protection from increased volatility during the news release. Applies invisible for the broker dynamic levels of setting new orders, stop-loss, take-profit and trailing stop.
    If you set MagicNumber = 0, then the expert can be used in semi-automatic trading. You can open the position manually, and provide support for the position to the expert.

    Recommendations
    • before using on real money, test the adviser with the minimum risk on the cent trading account;
    • Use VPS or the server with minimal network delays to the server of the broker;
    • low spreads + low commission + quality execution - this is the main thing when choosing a broker for trading;
    • use the adviser on highly liquid currency pairs, such as EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD;
    • parameters for each account type are recommended to be selected separately;
    • the minimum deposit is 500 units of the base currency for 0.01 lots;
    • timeframe M30-H1.

    Main settings
    • MaxPriceRange - the maximum range of price fluctuations from High to Low;
    • CountBarsRange - the number of bars for determining the flat;
    • DistanceOOP - distance from High and Low for setting order opening levels;
    • ReversalPos - reversal of positions. if = true, then sell will open instead of buy, and vice versa;
    • StartingLot - starting lot;
    • LotsFor1000 - starting trading lot for 1000 units of base currency, if StartingLot = 0;
    • MultiDirection - the method of trading: to trade simultaneously in one or two directions;
    • OrderGridStep , OrderGridStop - a step for averaging positions;
    • LotMultiplier - increasing the lot by a given ratio;
    • StartMultiplier - from which position to increase the lot;
    • MaxLotFor1000 - the maximum lot for 1000 units of the base currency;
    • MultiLevels - set take-profit / stop-loss: separately for short and long positions or for the entire basket of orders;
    • StopLoss , TakeProfit - stop loss and take profit, with 0 not used;
    • MultiTrailing - the method of operation of the trailing stop: separately for short and long positions or for the entire basket of orders;
    • TrailingStop , TrailingStep - trailing stop and trailing-step;
    • MagicNumber - magic number, at 0 it will interact with positions opened manually or by another adviser;
    • TradeComment - comment to the transactions.

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