REGISTER PARTICIPANTS Expert Vega Mt4

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The Vega Expert Advisor is a continuation of the You are not allowed to view links. Register or Login EA algorithm.

Vega is a grid trend-following EA working on pending stop orders. It can work in two directions simultaneously or stick to the preferred one. It is also possible to enable the trend filter to make the EA enter the market strictly by trend. The EA features an efficient pyramiding system.

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Parameters
The EA has hidden parameters that are already configured in the most efficient way. The recommended deposit is 10 000 units for the lot 0.01 and more.

• First_step: The first step of the pending order in points (martingale)
• Step: A pending order deviation step in points (martingale)
• Range_betw_orders: Distance between orders in points (pyramiding)
• Buy=true: Buy
• Sell=true: Sell
• One_direction=true: Allow opening orders in both directions or stick to the one the first order is opened in. If true, the EA works in one direction. The EA works in conjunction with the use_parabolic parameter
• Use_parabolic=true: Use Parabolic for defining the first order direction.
• BU: The amount of points, after which an order is moved to a breakeven.
• Min_profit_BU: The amount of points the breakeven is set to.
• Proportional_increase=TRUE: Lots are increased successively or considering all unactivated orders.
• Exp: Multiplier.
• Profit: Profit from all orders.
• Lot: Initial lot.
• Risk: Lot auto calculation; enabled if Lot=0
• Max_lot: Maximum allowed lot (for risk management)
• Digits_lot: Number of decimal places in the applied lot (1(0) / 0.1(1) / 0.01(2))
• FridayHourClose: Trading stop hour on Fridays.