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REGISTER PARTICIPANTS Expert Taranus Light Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 3, 2020.

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  1. Emma McNeill

    Emma McNeill Moderator
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    #taranuslight

    taranus-light-logo-200x200-6025.png

    Taranus Light a shortened version of the universal, semi-automatic the EA You are not allowed to view links. Register or Login
    is designed to work under the trader's control. The EA can work with or without indicators, has several filters for determining the trend
    direction, and can only work with market or pending order. The trailing stop features of the EA have been expanded by adding functions from
    the EA You are not allowed to view links. Register or Login
    The EA Taranus Light is suitable for both experienced and novice traders.

    The complete guide to the EA Taranus Light and the set files on the EA can be found in the Comments section.

    Features of Taranus Light

    • works only with one order, market order or pending order;
    • trailing pending orders;
    • two trend-based strategies: using one Moving Average (МА) or two МА;
    • two filters for determining the trend direction - Auto_Trend 1 and Auto_Trend 2;
    • 4 trailing stop modes: normal, percentage, mobile total;
    • 7 trailing stop types: by points, by bar extremums, by fractals, by volumes, by indicators (Parabolic SAR, Moving Average and ATR);
    • virtual (hidden) trailing stop;
    • adding stop loss to other orders including orders opened manually;
    • closing orders when the specified percentage of profit/loss is reached;
    • opening and closing orders by time (days, hours, minutes, seconds);
    • managing orders with the help of "hot keys" and "hot buttons";
    • works on accounts with 4- and 5-digit quotes;
    • currency of the current account can be either US dollars (USD) or Russian rubles (RUR).
    Parameters (part)

    Block 1 «GENERAL SETTINGS»

    • Allow opening new orders
    • Magic number (automatic) - if 0, the magic number is generated automatically.
    • Use orders:
      • Pending orders;
      • Market orders.
    • Pending orders type:
      • Stop Orders ;
      • Limit Orders;
      • Stop & Limit.
    • Positions:
      • Long only;
      • Short only;
      • Long & Short.
    • Lots - fixed lot size.
    • Risk in % - AutoLot calculation - automatic calculation of lot size.
    • Stop Loss
    • Take Profit
    • Enable AutoTrend 1 - automatic detection of the trend direction using the Moving Average (MA).
    • Enable AutoTrend 2 - automatic detection of the trend direction using Awesome Oscillator and Parabolic
      SAR.
    • Enable Indicators - the Moving Average (MA) one or two.
    • Slippage - slippage in points.
    Block 2 «RISK MANAGEMENT

    • Breakeven - enable the breakeven function.
    • Profit to enable a breakeven - profit to activate breakeven.
    • Level breakeven - breakeven level.
    • Close by Stops - the EA will ignore indicator signals and close all positions only by stop loss or take profit.
    • Close at profit - when the profit on this currency pair reaches the set value ("Profit in the deposit currency"), all
      open positions will be closed and all pending orders will be deleted.
    • Profit in the deposit currency - profit in the deposit currency, when the set value is reached, the EA will close
      all orders and immediately start a new trading cycle.
    • Stop Loss for other open orders - set a stop loss (if there is no stop loss) for all open orders that have a different magic
      number.
    • Close by percentage - on/off orders closing based on the percentage of profit or loss.
    • Profit % for close orders - setting the percentage to close with a profit.
    • Loss % for close orders - setting the percentage for closing with a loss.
    • New Start upon opening bar - start of a new operation cycle of the EA, and recalculation of new profit and loss values.
    Block 3 «PENDING ORDERS TYPE»

    Block 4 «AUTO TREND» - select the trend direction.

    Block 5 «INDICATORS»

    Block 6 «TRAILING STOP»

    Block 7 «TRADE BY TIME»

    Block 8 «OTHER SETTINGS»

    taranus-light-screen-8037.png taranus-light-screen-3898.png taranus-light-screen-9744.png taranus-light-screen-7004.png

     
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