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REGISTER PARTICIPANTS Expert Pipsovar Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 8, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #pipsovar

    pipsovar-logo-200x200-9556.png

    The advisor Pipsovar uses advanced price manipulations to
    locate the best market entries. The principal technique is to find a
    continuation bar that confirms its direction in different timeframes.
    The advisor employs a sophisticated algorithm to distinguish the market
    trend and trade in it, while avoiding trades during the market flat.
    Target levels are determined by the nearest High and Low peaks, which
    enhances the exit strategy.

    It is advised to pay more attention to money management using the property volume_per_trade, rather than optimizing technical parameters.

    Advisor Properties

    dynamic_stops - engages determining target levels by price peaks. Target levels start from the minimal values set by the stoploss and takeprofit. It accepts 2 values: 0=disabled, 1=enabled.

    flat_bars - a number of bars to determine the market flat period, that is a period of insignificant market activity.

    my_color - a color for writing legends in the chart.

    trigger_distance - a distance in points from a cloud border to open an order.

    stoploss - points, not pips.

    takeprofit - points, not pips.

    trail - points, not pips.

    volume_per_trade - a fixed volume (example: 0.03), or a
    percentage from the available equity (example: 0.05%). You must use the
    percent sign for the latter.

    Default Trading Properties

    The advisor Pipsovar is good to optimize in the Strategy
    Tester. The default trading properties can be used for trading with GBPUSD. Your current chart
    timeframe does not impact the advisor decisions. The advisor outputs
    scarce information in the chart while it works, it does not require any
    user action and is meant just for that.

    pipsovar-screen-9033.png pipsovar-screen-5155.png

     

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