Trading Robots for MetaTrader 4

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MetaTrader 4

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Information

Experts
MetaTrader 4
Andrey Kolmogorov
1.4
5

Overview

A trading adviser using an algorithm based on the ability to adapt to the current market situation.

Sets are in the "Comments" section comments #47-52.

Key Advantages

  • The EA does not use Martingale (Default sets);
  • The minimum starting deposit is $100;
  • No need to close the robot during news releases;
  • It works with 4 and 5-digit quotes;
  • A constructor of unique strategies;
  • All orders are opened with a strictly fixed Stop Loss;
  • Adaptive algorithm.


Working parameters

  • Currency pairs: EUR/USD;
  • Leverage: >200;
  • Timeframe: any (default parameters are optimized for M5);
  • Broker: any;
  • Account: ECN;
  • To use Trailing Stop, it is highly recommended to have an account with zero Stop Levels.


General Trading Settings

  • Start trading - enable/disable the Expert Advisor.
  • TakeProfit - take profit value for the orders opened by the EA, depends on the specific currency pair and trading style (if set to zero, ATR values are used);
  • StopLoss - stop loss value, depending on the trading style (if set to zero, ATR values are used).
  • Maximum spread - maximum allowable spread;
  • Slip - maximum allowed slippage.
  • MagicNumber - unique number of positions opened by the EA;
  • Set name - Set name;
  • Comment for order - a unique comment on open positions by an adviser.

SETTINGS for OPTIMIZATION

  • Quantum algorithm level - select the quantum model level;
  • Level StopLoss in % (ATR) - stop loss level in % relative to ATR;
  • Period RSI - RSI parameter;
  • High level RSI - RSI parameter;
  • Low level RSI - RSI parameter;
  • Open support order on the new bar of the current TM - opening supportive orders at the current timeframe bar; otherwise orders will be opened at the M5 bar;
  • Maximum support orders - the maximum number of open support orders;
  • Use DownLotExponent in support orders - enable/disable lot exponent reduction parameter for support orders;
  • LotExponent in support orders - lot exponent for support orders;
  • Use smart distance between support orders - use an algorithm to automatically determine the minimum distance between support orders;
  • Minimum distance between support orders - the minimum distance between support orders.

RISK MANAGEMENT

  • Lots - initial lot size. It is activated, if the values of Risk and DepoStep are zero;
  • Risk - percentage of the deposit balance to increase the initial lot. It is activated, if the value of Lots size is zero;
  • DepoStep - deposit size step for doubling the initial lot. It is activated, if the values of Lots and Risk are zero.
  • Stop by equity - enable/disable limitation of losses by equity.
  • Value of equity - allowable loss by equity, at which all orders previously opened by the EA are closed.

TRAILING STOP LOSS

  • Use Trailing Stop - enable/disable the Trailing Stop parameter.
  • Fixed trailing size - size of the Trailing Stop in points from the order opening price;
  • The size of the correction Trailing Stop - price range in points from Fixed trailing size to trigger  Trailing Stop;
  • The size of the correction Trailing Stop Level II - the range of the price movement in points from Fixed trailing size to the triggering of Trailing Stop Level 2.

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