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REGISTER PARTICIPANTS Expert Shmendridge Pam Carrot For Mt4 Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 10, 2020.

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  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

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    #shmendridgepamcarrotformt4

    shmendridge-pam-carrot-for-mt4-logo-200x200-6023.png

    About the PAM (Price Action Master) EA Series
    • These multi-symbol multi-time-frame bots enter on high probability engulfing bar and shooting star/hammer/pin bar patterns with a stop order. (Delays won't matter, slippage and spread not a big deal on larger time-frames.)
    • They may consider up to 4 secondary time-frames in their analyses and score of space, trend, quality of bar, quality of important locations, big round numbers and quality of pullbacks.
    • The bots are based on many of the trading principals of the You are not allowed to view links. Register or Login *Neither I, nor my EA are affiliated in any way to the Jame16 group.
    • Non scalper. Uses only completed bars in its calculations.
    • Recommended to use all PAM bots simultaneously: TREND4, CARROT[free], TURNIP and BLUEBERRY plus more to come.
    About the PAM Carrot
    • This PAM bot has been trained to focus on entries on the D1 time frame chart likely to give a bigger move. W1 are also examined and included in the considerations with a lot of weight on trend.
    • This EA uses an advanced trailing stop which includes big round numbers and recent bar lows and highs in it's calculations.
    • Pre-optimized for wide range of markets. Ready to go.
    Settings
    • StartDate - Date to begin trading. Will only pre-load bars in fast mode up till this point. We need at least 250 weekly bars to run properly.
    • Lots - Percent of equity to risk on each trade.
    • MAGIC_NUMBER - Unique ID.
    • Slippage - Maximum slippage.
    • EXPOSURECHECK - If true will not open correlated trades.
    • CheckMargin - If false it will bypass the free margin check. Turn it off to save CPU during tests.
    • Thresh - How high the potential trade must score to trigger an entry.
    • SYMBOLS - The total number of different symbols to be included in the strategy. (Live Only. Only 1 symbol can be run in Tester on the MT4 version.)
    • SYMBOL1...SYMBOL30 - Enter each symbol to be included in the strategy. (Live only. Only 1 symbol can be run in Tester on the MT4 version.)
    • riskadj1...riskadj30 - Enter each risk multiplier for each symbol in case you want to risk more or less than the specified Lots for some symbols. This is a multiplier so 1 is normal risk. 0.5 is half risk. 2 is 2x risk.
    • ALERTS - If true pops an alert on each new order placed.
    • PrintOrderStats - Prints order status on each new bar.

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