Trading Robots for MetaTrader 4
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MetaTrader 4
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Overview
Lucky Price Action
Lucky Price Action – fully automated Expert Advisor that trades volatility breakouts (Price Action). Lucky Price Action (LPA) Expert Advisor has a number of filters that significantly decrease the market entries at false breakouts.
Lucky Price Action supports the following currency pairs: EURUSD, EURAUD, GBPUSD;
YOU NEED TO PLACE LPA EA only on 1 chart (EURUSD M5 timeframe).
Lucky Price Action has high expectance (in pips, as per the backtests) and therefore is not very spread/commission sensitive (however, the better the trading conditions (low spreads, slippages, commissions) the better the expected results).
Parameters
- TradingPairs - supported trading pairs;
- Fix Lot - fix lot. Fix lot setting is used if Risk %= 0;
- Risk % - risk % per single order. E.g. if Risk %=1, that means that lot size will be calculated to limit the loss by 1% of deposit if full Stop Loss is realized;
- GMT Offset - GMT Offset of your broker (not your VPS or your place of rezidence);
- DaylightSavingTime - put "true" if your broker changes trading hours during the Daylight Time;
- Symbol Suffix - symbol suffix (e.g.: ".pro", if your broker's currency pairs have such addition "EURUSD.pro", "GBPUSD.pro");
- Comment - Custom commentary to the EA's orders
