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REGISTER PARTICIPANTS Expert Pokemon Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 5, 2020.

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Emma McNeill
  1. Emma McNeill

    Emma McNeill Moderator
    Staff Member Organizer

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    #pokemon

    pokemon-logo-200x200-7692.png

    The Expert Advisor uses an advanced adaptive trading strategy with a neural network based on a position averaging. The strategy for opening the first trades is based on the price rate of change. The neural network is based on a single indicator - the weighted average percentage of the Open price, the High price, the Low price and the Close price. To filter trade opening in the order network, perceptrons are used. A common trailing stop of open positions by money in a deposit currency or profit % allows to efficiently close a portfolio of orders. The MultiCurrencyLot parameter allows to perform the lot calculation for opening new orders within the trading instrument. A virtual trailing stop can be used for the first open deal. A stop loss can be used to protect the capital. The EA has been adapted for both four- and five-digit quotes. VPS server is recommended. The timeframe is set in the Expert Advisor parameters. The recommended minimum deposit is 1,000 units of the base currency.

    Recommendations
    • Backtest and optimize the EA using quotes with 99.90% quality. Use slippage and commission similar to real market conditions.
    • Before using on a live account, test the EA with minimal risk;
    • Low spreads + low commission + high quality execution are important when choosing a broker to trade.
    Parameters
    • EATimeFrame – timeframe for the Expert Advisor;
    • MultiCurrency – allow multicurrency trading;
    • LotPercent – automated trading lot calculation depending on the balance. Not used if set to 0;
    • Lot – initial trading lot if AutoLot=0;
    • AddLot – lot increase element for the next position. Next lot = current lot+AddLot*Martingale;
    • Martingale – trading lot multiplier. 0 - disabled;
    • MaxLot – max lot in the order series;
    • MultiCurrencyLot – allow calculating lot based on all open positions on the account;
    • SendOrderStep – distance from the last open position to allow placing a pending order;
    • SendOrderPrice – pending order step, distance from the current price;
    • TrailStopOrder – distance the price should pass for trailing a pending order;
    • TrailStepOrder – distance to trail a pending order following the price;
    • Magic – magic number. If 0, it works with all orders;
    • Com – comment to orders;
    • StopLoss – allow using stop loss;
    • StopLossMethod – method of closing orders by stop loss;
    • StopLossPoint – value of a selected closing method;
    • TrailingMethod – trailing stop method: profit % and deposit currency;
    • TrailStopPoint – trailing stop in currency or deposit %;
    • TrailStepPoint – trailing step of a selected closing method;
    • TextColor – color of the displayed information.

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