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REGISTER PARTICIPANTS Expert Mfn System Mt4

Discussion in 'Trading Robots Expert Advisors MetaTrader 4' started by James Goldman, Oct 26, 2020.

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  1. James Goldman

    James Goldman Moderator
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    Expert Mfn System Mt4
    #mfnsystem


    mfn-system-logo-200x200-9569.png

    Advisor trading on the rebound from important levels. First, the EA determines the important levels (how many bars to determine the levels is set
    in the settings). After that, the robot is waiting for the breakout price of one of the levels. If the price breaks the level, open an
    order. Since all orders are opened at the peak of the uptrend and downtrend (the trend strength is set in the Trend Strength setting), the
    probability of a rollback is very high. If there is no rollback, the robot uses a double grid of orders, for the most secure way out of the
    drawdown.

    EA settings
    • Auto Lot - automatic lot. It is calculated as 0.01 for the Deposit amount specified in this setting. For example, You
      specified 100. So for a Deposit of $ 100, the lot will be 0.01, for a Deposit of $ 200 0.02, etc...;
    • Lot - fixed lot if auto Lot = 0;
    • Take Profit (in Points) - Take profit from breakeven level (in points).
    • Stop Loss in (%) - Stop loss as % of the Deposit.
    • Grid levels - how many grid levels to use to exit the drawdown.
    • Step - Step between orders when hedging.
    • Step multiplier - the Multiplier a step.
    • Lot multiplier - lot Multiplier.
    • Bars - how Many bars to take to analyze important levels.
    • Trend Strength - the Strength of the trend to enter the market.
    • Magic Number - magic number.
    • Information color - color of the information on the chart.
    • Profit - the color of information on the profit.
    • Loss - color of the loss information.
    mfn-system-screen-9397.png mfn-system-screen-8718.png
     
    #1 James Goldman, Oct 26, 2020
    Last edited by a moderator: Nov 1, 2020

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