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REGISTER PARTICIPANTS Expert Speedometer Theory Probability Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Oct 1, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #speedometertheoryprobability

    speedometer-theory-probability-logo-200x200-5387.png

    Speedometer Theory Probability is a multi-currency Expert Advisor, which works on many symbols and M1 or M5 timeframe.

    The Expert Advisor does not use high-risk trading strategies like Martingale. EA works with Trailing Stop.

    Using strategy Theory Probability Formula example:

    • ((open-close)+(High-close)+(low-close))/3.
    • Average True Range > Standard Deviation = BUY.
    • Average True Range < Standard Deviation = SELL.
    Can also be used on other major pairs.

    Recommendations
    • Needed 1:300 leverage as a minimum.
    • Use a broker with Rebate, Deposit bonus, low spread and VPS.
    • You can begin to use it with $100 only.
    • The used timeframe is M1 or M5.
    Parameters
    • MagicNumber: magic number.
    • Risk: ratio of Account Balance to trade.
    • MaxSpread: maximum spread to limit spread allowed to trade.
    • Slippage: permissible slippage for opening an order.
    • point: This is the value of the probability formula.
    • Speedometer: This is the value of the Range Market.
    • LockDown: size of a step, by which the profit should increase in order to move trailing to the next stage.
    • Lockdown_lock: profit in points, after which LockDown.

    speedometer-theory-probability-screen-4163.jpg speedometer-theory-probability-screen-8420.jpg speedometer-theory-probability-screen-1070.png

     

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