Avenger Trader Tool

Avenger Expert Advisor

The Avenger Expert Advisor (EA) is a sophisticated trading tool designed to help traders automate their trading strategies with precision and efficiency. This EA leverages advanced trend indicators and customizable settings to optimize trading performance.

Key Features:

1. Trend Indicator Settings:

   • Main Trend Indicator: Utilizes the primary trend indicator for position openings.
   • First and Second Trend Filters: Additional filters to refine trend signals and enhance accuracy.

2. Autolot Settings:

   • Autolot Enabled: Option to automatically calculate lot sizes based on equity.
   • Initial Lot Factor: Determines the initial lot size as a percentage of equity.
   • Max Lot Factor: Sets the maximum lot size as a percentage of equity.

3. Global Signal Settings:

   • Magic Number: Unique identifier for orders opened by the EA.
   • Handle All Orders: Option to manage manually added orders.
   • Order Slippage: Maximum allowable slippage for order execution.
   • Max Spread: Prevents order openings if the spread exceeds a specified value.
   • Takeprofit Settings: Configurable takeprofit levels for positions.
   • Prevent Hedging: Option to disallow simultaneous buy and sell positions.
   • Friday Trading Restrictions: Configurable settings to stop order openings on Fridays.
   • Order Timing Controls: Minimum time intervals between orders and grid orders.
   • Tick Skipping: Option to avoid running the EA on every tick.
   • Pending Order Management: Prevents new order openings if pending orders exist.

4. Drawdown Reduction:

   • Enabled: Option to enable or disable the Drawdown Reduction (DDR) feature.
   • Start From Position: Specifies the position number from which DDR starts.
   • Loss Recovery Percentage: Percentage of the last position's profit used to cover the farthest position's loss.
   • Multiple Orders: Option to use multiple orders to close loss positions.
   • Max Orders Count: Maximum number of orders used to cover losses.
   • Disable Close to Profit: Disables DDR when the price is close to profit.
   • Min Distance From Profit: Minimum distance from profit to keep DDR enabled.
   • DDR Button Without Breakeven: Enables DDR buttons as soon as one position has profit.
   • Pending Orders on DDR Close: Option to open pending orders when closing DDR.
   • DDR Steps Type: Defines how to compute the next percentage for DDR (Positions Count or Pair Loss).
   • DDR Steps CSV: Comma-separated values used as boundaries for DDR steps.
   • DDR Percentage CSV: Comma-separated values used in the steps as DDR target percentages.

5. Additional Features:

   • Comprehensive Logging: Detailed logging for monitoring and troubleshooting.
   • Control Panel Integration: User-friendly interface for real-time monitoring and adjustments.
   • Grid Trading Support: Advanced grid trading capabilities for managing multiple positions.
   • PiggyBank Mode: Innovative feature to secure profits and manage risk.

The Avenger EA is designed for traders who seek a reliable and customizable trading solution. With its robust feature set and flexible settings, it caters to both novice and experienced traders looking to enhance their trading strategies.

Compatibility:

• MetaTrader 4 (MT4) platform

Version:

• 2.30

Disclaimer: Trading involves significant risk, and it is essential to understand the risks before using any trading software. The Avenger EA is provided as-is, and the developer is not responsible for any financial losses incurred while using this EA.