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REGISTER PARTICIPANTS Expert Mrcat Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 7, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #mrcat

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    The Expert Advisor opens trades during rapid changes in the volume and price movements. The EA is based on the INDSILUNIWERSAL indicator on the five-minute chart. Trades are closed when the stops trigger, or at a certain time specified in the 'closingtime' parameter, or if there are large volumes in the opposite direction.

    The EA is configured to work on the GBPUSD pair. To work on a different pair, it is recommended to perform the optimization on two pairs of parameters by turns:

    • Multiplier - range 1-4 step 1
    • splash - range 1-3 step 0,1
    Then by the parameter pair of 'closingtime' and 'quiettime' (Range 0-23 step 1).

    This is required to optimize the EA for the trading conditions of the current pair.

    Requirements
    • Symbols - any with a pre-optimization
    • Timeframe - any
    Advantages
    • No hedging;
    • No grid, martingale, averaging or arbitrage;
    • Low trading drawdown;
    • Easy to set up.
    Settings
    • lot - Number of lots;
    • Magic - Identifier of the EA's orders;
    • Slippage - Slippage in points;
    • Multiplier - The ratio of profit to stop loss, if less, then the order will not be opened;
    • splash - Offset of the stoploss from the level in points;
    • DAYSTOP - the number of days from the opening of the order when the stop loss is not trailed after the price;
    • closingtime - the time of day when the orders are not closed;
    • quiettime - the time of day until which the orders are not opened;
    • ENTRANCE - level of the Lazors indicator for entry
    • ENTRANCE2 - level of the Lazors indicator for entry, 2nd condition;
    • EXIT - level of the Lazors indicator for exit;

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