This universal expert is a unique and effective technical tool for trading in a channel built on fractals according to the time segments of straight lines determined by our proprietary indicator, thanks to the unique algorithm of which the expert works effectively on different timeframes and on all trading instruments.
This expert is ideal for working on the market in a flat, and during trend movements - due to the Martingale method, according to which the opening of averaging orders in accordance with the multiplier set in the settings occurs when a new fractal occurs, and the closing of the entire grid of orders - simultaneously on a price rebound on the opposite fractal. Therefore, with various settings, taking into account the selected type of trading, this adviser is suitable for both scalping and medium-term and long-term automatic conservative trading.
For this purpose, the following functions are implemented in the expert settings:
Use time control 1 and Use time control 2 (false / true) - select the period of time of work when true is enabled. If false, the advisor will work around the clock
Lot size - the size of the first order in lots (min. 0.01)
Multiplier - the multiplier with which subsequent averaging orders will be opened.
The chart also displays the zero price of the grid from all open orders (breakeven level) as a yellow line.
This expert uses a universal panel for all our experts, which displays the following information necessary for the trader:
- ticker of the traded instrument
- the number of open BUY and SELL orders
- the size of the current unfixed drawdown or profit (with a drawdown of up to 20% - standard color, with a drawdown of more than 20% - red, with profit - green)
- the size of the fixed profit for the current day, week and month,
and also two buttons are installed for closing all open BUY or SELL orders manually, if the trader so desires.
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