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REGISTER PARTICIPANTS Expert Maya Parallel Two Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 3, 2020.

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  1. Emma McNeill

    Emma McNeill Moderator
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    #mayaparalleltwo

    maya-parallel-two-logo-200x200-6494.png

    This Expert Adviser is based on Six methods computed through candlestick patterns and indicators like ADX, PARABOLIC SAR, MACD, RSI and Stochastic. Each method places parallel trades based on actual base strategy. Expert Adviser works with ECN and 5 digit brokers only and has minimal effect of fluctuating spreads. All trades are executed based on long term plan and protected with Stop Loss. Each trading method looks for TP more then (100 pips - 5000 Pips) and stop loss of 230 pips.

    All the input parameters of the EA are optimized for H1 time frame for EURUSD pair. Try checking for other time frame and major currency pairs.

    Following is the list of indicators and parameters used in each method of EA to place parallel trades.

    Indicators Used: Candlesticks, RSI, ADX, PARABOLIC SAR, MACD and STOCHASTIC indicators.

    • ADX PERIOD: 50
    • PARABOLIC SAR PERIOD: 0.02, 0.2
    • MACD PERIOD: 3,10,18
    • RSI PERIOD: 14
    • STOCHASTIC PERIOD: 14,3,3/ 21,9,9/ 9,3,3
    Method one and two Input Parameters
    • Method1MagicNumber - 105, Trade one Magic Number based on Method 1
    • Method2MagicNumber - 106, Trade two Magic Number based on Method 2
    • Method1Lots - 0.01, Trade one Lot
    • Method2Lots - 0.01, Trade two Lot
    • Method1TakeProfit - 5000, Trade one Take Profit in Pips
    • Method2TakeProfit - 5000, Trade two Take Profit in Pips
    • Method1Stoploss - 3000, Trade one Stop Loss in Pips
    • Method2Stoploss - 2300, Trade two Stop Loss in Pips
    • Method1TrailStart - 1000, Trade one Trailing Start in Pips
    • Method2TrailStart - 650, Trade two Trailing Start in Pips
    • Method1TrailStop - 1900, Trade one Trailing Stop in Pips
    • Method2TrailStop - 1200, Trade two Trailing Stop in Pips
    • Method1MaxTrades - 27, No of Parallel Trades based on Method one
    • Method2MaxTrades - 100, No of Parallel Trades based on Method two
    • Method1UseTrailingStop - true, Enable / Disable Method one Trail
    • Method2UseTrailingStop - true, Enable / Disable Method two Trail
    Method Three and Four Input Parameters
    • Method3MagicNumber - 107, Trade one Magic Number based on Method 3
    • Method4MagicNumber - 108, Trade two Magic Number based on Method 4
    • Method3Lots - 0.01, Trade one Lot
    • Method4Lots - 0.01, Trade two Lot
    • Method3TakeProfit - 5000, Trade one Take Profit in Pips
    • Method4TakeProfit - 5000, Trade two Take Profit in Pips
    • Method3Stoploss - 3000, Trade one Stop Loss in Pips
    • Method4Stoploss - 2300, Trade two Stop Loss in Pips
    • Method3TrailStart - 1000, Trade one Trailing Start in Pips
    • Method4TrailStart - 650, Trade two Trailing Start in Pips
    • Method3TrailStop - 1800, Trade one Trailing Stop in Pips
    • Method4TrailStop - 1200, Trade two Trailing Stop in Pips
    • Method3MaxTrades - 25, No of Parallel Trades based on Method 3
    • Method4MaxTrades - 100, No of Parallel Trades based on Method 4
    • Method3UseTrailingStop - true, Enable / Disable Method 3 Trail
    • Method4UseTrailingStop - true, Enable / Disable Method 4 Trail
    Method Five and Six Input Parameters:
    • Method5MagicNumber - 113, Trade one Magic Number based on Method 5
    • Method6MagicNumber - 114, Trade two Magic Number based on Method 6
    • Method5Lots - 0.01, Trade one Lot
    • Method6Lots - 0.01, Trade two Lot
    • Method5TakeProfit - 5000, Trade one Take Profit in Pips
    • Method6TakeProfit - 5000, Trade two Take Profit in Pips
    • Method5Stoploss - 2300, Trade one Stop Loss in Pips
    • Method6Stoploss - 2300, Trade two Stop Loss in Pips
    • Method5TrailStart - 650, Trade one Trailing Start in Pips
    • Method6TrailStart - 650, Trade two Trailing Start in Pips
    • Method5TrailStop - 1200, Trade one Trailing Stop in Pips
    • Method6TrailStop - 1200, Trade two Trailing Stop in Pips
    • Method5MaxTrades - 100, No of Parallel Trades based on Method 5
    • Method6MaxTrades - 5, No of Parallel Trades based on Method 6
    • Method5UseTrailingStop - true, Enable / Disable Method 5 Trail
    • Method6UseTrailingStop - true, Enable / Disable Method 6 Trail
    Note: This EA Purely based on Long Term Strategy, Not for Short Term Trades. Does Not works for FOUR digit brokers.

    maya-parallel-two-screen-9020.png

     
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