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Discussion in 'Forex Market MQL5' started by James Goldman, Sep 3, 2020.

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James Goldman
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    The Expert Advisor trades during the Asian session according to the CCI, Bollinger Bands indicators. If the price moves in unfavorable
    direction, an order grid is placed, with a dynamic step depending on the indicator values. The EA features a breakeven function, four
    position exit filters.

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    Real account signal of the EA: You are not allowed to view links. Register or Login

    Set files and test results: You are not allowed to view links. Register or Login

    Detailed description of the EA and it settings: You are not allowed to view links. Register or Login

    General Settings

    • Set Name - name of the set file.
    • Lot - fixed lot size for the EA to open orders.
    • DepoPer001Lot - automatic lot size as the specified deposit amount per 0.01 lot.
    • Take Profit - fixed take profit value in points.
    • Dynamic TP: Channel Percent - TP calculated as the specified percentage of the current channel width of the BB
    • Dynamic TP: Min Size - the minimum take profit value when using 'Dynamic TP: Channel Percent', in points.
    • TP: Include Swap and Comission - consider all profit to summ Take Profit
    Extra Settings

    • StopOpenNewOrders - pause to open new orders
    • Max Spread - the maximum allowable spread in points (for Buy and Sell apart)
    • ExitDDPercent - drawdown percentage to force close all orders
    • StopByMaxDD - DD % at which the EA is not allowed to open new grids
    • StopByMaxSymbolTrades - the maximum number of trading pairs allowed in the market at a time
    • StopEqualCurrencyTrade - check the unidirectional trading pairs in the market and prohibit entries on them.
    Enter Settings

    • BB: Period - period of the Bollinger Bands indicator.
    • BB: Deviation - deviation of the BB indicator.
    • BB: Delta - indent of the BB indicator from the boundaries (can be in both direction), in points.
    • BB: Min Channel Width - the minimum width of the BB channel at which the EA is allowed to trade, in points.
    • CCI: Period - period of the Commodity Channel Index indicator. If 0, the indicator signal is ignored.
    • CCI: Level - level of the CCI indicator. Calculated for the opposite signs. That is, at 'CCI: Level = 100' the levels 100 and
      -100 will be used.
    Candle Size Filter

    • UseMaxCandleForAllOrders - use the maximum candle size filter for all orders of the grid. If False, it is used only for the
      first order.
    • Max Candle Size - the maximum sum of the last N candles' lengths (from High to Low), above which the EA will not open new
    • Bars For Analyze - the number of recent candles on the chart to analyze the candle sizes.
    Grid Settings

    • ATR Period for Distance - ATR period for calculating the minimum allowable distance between grid orders.
    • ATR Multiplier - multiplier for the ATR value.
    • Multiplier 3 level - lot multiplier, used only for the third level of the grid. The second level is always
      opened with the initial lot size.
    • Multiplier > 3 level - lot multiplier for the grid, starting from the fourth level.
    • TPDecreasePercent - reduce the TP of the grid by the specified percentage every time a new grid level is opened.
    • BE Level - number of level to move the grid TP to breakeven.
    • Averaging Level - number of the level at which the lot multiplication stops and the lot size is set equal to the last used
    Exit Settings

    • Exit Profit Percent - percentage of take profit, at which the four filters for exiting positions start working.
    • Exit BB Filter: Out Channel Distance - distance from the opposite channel boundary of the BB indicator in points, at
      which the closure will occur.
    • Exit CCI Filter: Period - period of the CCI indicator to force close the position when an opposite indicator signal
    • Exit MA Filter: Period - a position is closed when the Moving Average with this period changes direction.
    • Exit Time Filter: Minutes - the number of minutes since last order, after which profitable positions are closed.
    1 Order Trade Time Filter

    • GMT Offset - time offset of the broker server from GMT.
    • Start Trade Hour/Start Trade Minute - hour and minutes to start trading.
    • End Trade Hour/End Trade Minute - hour and minutes to to stop trading.
    1 Order Rollover Filter

    • Rollover Filter - if true, activates the filter.
    • Start Rollover Hour/Start Rollover Minute - hour and minutes for start rollover pause filter.
    • End Rollover Hour/End Rollover Minute - hour and minutes for stop rollover pause filter.
    Other Settings - settings for graphic and text display

    priceless-ea-screen-9951.png priceless-ea-screen-8314.png priceless-ea-screen-3633.png night-hawk-ea-screen-1349.png night-hawk-ea-screen-8369.png

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