REGISTER PARTICIPANTS Expert Hit Market Maker Mt4

#hitmarketmaker



Market makers can often deceive traders by reversing the market when it is most unprofitable for others. For example, many traders start buying only to see that the price goes down dramatically afterwards. Some still hold their buy positions thinking that this is only a correction but the price continues its downward movement. The EA is capable of detecting such periods. It analyzes the last two candles and determines whether there are actions that look similar to the market-maker's ones - the price goes up at a high volume only to start falling later at even higher volume (vice versa for selling). This usually happens during market reversals or large roll-backs. A deal is opened in the right direction and closed on the reverse signal or by take profit.

Inputs

• Lots - lot size (if 0, the lot will be calculated based on the percentage of account free margin);
• Percentage of free money - percentage of free margin to open each new trade (works when Lots=0);
• MaxSpread - maximum spread for opening trades (on the accounts with floating spread, for the trade to open when the spread is not too large);
• Magic (unique identifier) - unique identifier, use different magic numbers if multiple Expert Advisors run in your terminal;
• TakeProfit - order closing price at a certain profit target;
• StopLoss - Stop Loss order value;
• EnableAutoClose - close an order automatically by a reverse signal (true/false);
• TimeframeMACD1 - first timeframe of MACD indicator (specified in minutes: 15, 30 ,60, 240, MACD is not used if the value is incorrect);
• TimeframeMACD2 - second timeframe of MACD indicator;
• TimeframeMACD3 - third timeframe of MACD indicator;
• PeriodMACD - MACD indicator period;
• TimeframeRSI - RSI indicator timeframe;
• PeriodRSI - RSI indicator period;
• LevelsRSI - RSI indicator levels;
• Min high-low candle - minimum candle length (from high to low);
• CandlesFactor - coefficient to determine a bullish or a bearish candlestick;
• CandlesVolume - number of candles to compare volume;
• PeriodATR - period of the Average True Range indicator;
• MinLevelATR - minimum level of the Average True Range indicator;
• Trading start hour - trading start hour;
• Trading end hour - trading end hour;
• ShowInfo - show information (slows testing if enabled).

The EA can trade any currency pairs and timeframes. Recommended timeframes - from M5 to H4. The most accurate signals are formed on H4.