Trading libraries for MetaTrader 4
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MetaTrader 4
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Overview
The algorithm of the advisor calculates the important support and resistance levels.
Next, the Expert Advisor calculates the probability of price movement "to" or "away" from this price level.
If a high probability of price movement in the desired direction is determined, the advisor opens a deal.
- Each trade is protected by a stop loss.
- Dangerous trading methods are not used.
Recommended instruments (5M): GBPUSD, EURUSD, USDJPY, USDCAD.
Advisor installation procedure:
- Open 4 charts of currency pairs (GBPUSD, EURUSD, USDJPY, USDCAD);
- Drag the Tug advisor from the navigator window onto each chart.
- It is recommended to use a remote server (VPS) for smooth operation.
Settings:
- This LOT: - this lot
- For each of this amount (if> 0) - For each of this amount of funds on the account (if 0 lot here will be "This LOT");
- MaxLot - You can limit the maximum lot;
- Fractal TF - Timeframe of the Fractals indicator;
- Bands Period - period of the Bands indicator;
- Bands Deviations - Deviation of the Bands indicator;
- Take Profit - Take profit;
- Stop Loss - Stop Loss;
- Start trailing (if 0 - does not work) - Start trailing stop;
- Trailing Stop - Trailing stop;
- Step Trailing Stop - Trailing stop step;
- Use the adviser's working time? - Use of working time;
- The hour of commencement of trade - Hour of commencement of trade;
- Minute of commencement of trade - Minute of commencement of trade;
- Hour of the end of trade - Hour of the end of trade;
- Minute of the end of trade - Minute of the end of trade;
- Show info text? - Display of information text;
- Text size - Text size;
- Text color - Text color;
- Slippage - Maximum slippage level;
- Max Spread - Maximum spread;
- Magic Number - Magic number;
- Comments - Commentary on the expert's trades.
