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REGISTER PARTICIPANTS Expert Three Screens Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 12, 2020.

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  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

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    #threescreens

    three-screens-logo-200x200-9468.png

    The EA applies a modified triple screen system by Alexander Elder. The trading method is based on tracking the market behavior and price acceleration. It is not guessing nor forecasting. It is calculation with distinct orienting points of position direction. Any of these screens can be disabled or changed in its sequence. Trading is performed by market orders, Market Execution is used, Take Profit and Stop Loss are placed after order execution, they are modified in accordance with the EA settings.

    The EA monitoring: You are not allowed to view links. Register or Login

    Recommendations
    • Minimum deposit if 100 in the deposit currency;
    • Leverage from 1:100;
    • VPS is recommended;
    • Currency pairs with high volatility and low spreads;
    • Use at least one screen filter.
    Settings of recommended timeframes of screen filters are shown in the table.

    The EA is attached to the lowest timeframe of selected parameters.

    Recommended variants.
    First screen. FIRST SCREEN MACD+OsMA SET.
    Second screen. SECOND SCREEN STOCHASTIC SET.
    Third screen. THIRD SCREEN PARABOLIC SAR SET.

    First variant
    PERIOD_MN1
    PERIOD_W1
    PERIOD_D1

    Secind variant
    PERIOD_W1
    PERIOD_D1
    PERIOD_H4

    Third variant
    PERIOD_D1
    PERIOD_H4
    PERIOD_H1

    Fourth variant
    PERIOD_H4
    PERIOD_H1
    PERIOD_M15

    Fifth variant
    PERIOD_M30
    PERIOD_M5
    PERIOD_M1

    Setting Expert
    It is recommended to use a cent account while choosing the best settings. Price acceleration is the main signal for opening trades.

    • Acceleration — price acceleration step;
    • PriceSpeed — price acceleration speed in seconds;
    Acceleration — a distance in points, which the price should cover in a certain amount of seconds specified in PriceSpeed. If the price makes this distance for the specified time, a signal to open a trade is produced.

    • Run the EA on several charts of a selected currency pair;
    • Use different parameters and magic numbers for these charts;
    • Add different comments;
    • Save the setup file with a proper name;
    Analyze the history of trades at the end of the trading week. Use comments to differentiate between different parameters. Profitable settings move on to the next week, other settings are changed. Thus you can select parameters for several pairs in a few weeks.

    Parameters
    • BalanceRisk — traded lot is calculated based on risk per trade;
    • Lots — fixed lot if BalanceRisk = 0;
    • TakeProfit — take profit;
    • StopLoss — stop loss;
    • MaxSpread — maximum spread for opening trades;
    • Acceleration — price acceleration step;
    • PriceSpeed — price acceleration speed in seconds;
    • Comment—a comment to trades;
    • Magic — magic number;
    • MaxAttempts — the maximal number of attempts to open an order;
    • DelaySeconds — pause between attempts;
    • Slippage—maximum slippage;
    • TrailingHL — trailing by High-Low, enable/disable;
    • HL_Period — trailing timeframe;
    • BarsCount — number of bars to search for High-Low;
    • Distance — indent from High-Low;
    • Trailing — trailing by points, enable/disable;
    • TrailingStart — minimum number of points for trailing;
    • TrailingStop — number of points to start Trailing Stop;
    • TrailingStep — Trailing Stop step;
    • Breakeven — breakeven, enable/disable;
    • StartBreakeven — the number of points to move positions to breakeven;
    • StepBreakeven — distance to place a breakeven level;
    • First_Period — timeframe of the first screen. MACD + OsMA;
    • FirstScreen — enable/disable;
    • FastEma—fast MA period;
    • SlowEma—slow MA period;
    • Signal—signal line period;
    • MO_Price — price type;
    • Second_Period — timeframe of the second screen. Stochastic;
    • SecondScreen — enable/disable;
    • Kperiod — K line period;
    • Dperiod — D line period;
    • Slowing — slowing;
    • Method — method of averaging;
    • STOCH_Price — price type;
    • UPLevels — upper level;
    • DNLevels — lower level;
    • Third_Period — timeframe of the third screen. Parabolic SAR;
    • ThirdScreen — enable/disable;
    • Step — increment of speed, acceleration;
    • Maximum — maximum coefficient of following the price;
    • ShowInfo — display/hide information on the trading;
    • TextColor — displayed data color.

    three-screens-screen-4181.png three-screens-screen-2667.png

     

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