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REGISTER PARTICIPANTS Expert Summit Of Mountains Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 5, 2020.

Stage:
Recruitment of participants
Price:
1000.00 USD
Participants:
1 of 5
Organizer:
James Goldman
  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

    Joined:
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    Country:
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    #summitofmountains

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    Overview
    • It only needs a small initial deposit.
    • Suitable for multi-currency trading.
    • Immunity to the large delay and the size of the spread.
    ‌Monitoring of my accounts: You are not allowed to view links. Register or Login

    How it works
    • After launching the EA on a chart, the EA remembers the first order's Open level.
    • The EA sets a Sell order grid above it.
    • A Buy order grid is set below it.
    • If the total profit of Buy and Sell orders exceeds the value of the Profit parameter, the EA closes the order data.
    • Further on, after complicated logical calculations, the EA can close the order with the most negative profit.
    • The EA repeats its work.
    Recommendations
    • I recommend using multicurrency trading by launching the EA on required currency pairs, while setting a new Magic value for each pair.
    • I do not recommend using the EA for trading and testing it in the tester simultaneously.
    Parameters
    • Profit - total profit value of orders for the given currency pair for Buy and Sell, upon which the orders are closed.
    • Loss - loss, at which a trade may be closed.
    • Step - minimum distance between orders with the same magic numbers on the give currency pair.
    • Lot - order volume.
    • Martingale - lot multiplier.
    • Magic - order magic number.
    Recommended settings values
    • Profit = 10.
    • Loss = -10.
    • Step = 0.001 for four- and five-digit pairs. Note! Step = 0.1 for two and three-digit pairs or the ones having JPY.
    • Lot = 0.01.
    • Martingale = 1.
    • Magic = 1.

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