Trading utilities for MetaTrader 5

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MetaTrader 5

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LongShot

longshot-logo-200x200-6600
495 $371 $

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Information

Experts
MetaTrader 4
Jose De Nobrega
1.0
5

Overview

LongShot is a fully automatic Expert Advisor that will quickly cut the losses and let earnings grow in order to accomplish a favorable risk-benefit ratio. LongShot includes nine powerful trading events which take place when a new trend is likely to start.

Information.

  • This EA does not require to set takeprofit since all orders will automatically close either when a strong impulse occurs or it detects that the trend is probably going to end.
  • Stoploss could automatically be adjusted for orders that belong to event one, two and three (respecting the maximum risk value you have set).
  • It does not use martingale. 
  • If a sell order is already open, it won't send a buy order, and vice versa. 
  • Timeframe: 5M.
  • We recommend EURUSD.

EA Settings.

  • AvoidSwap: If set to true, it will automatically close all orders before the day ends so you don't get extra charged by the broker.
  • LotSize: Lot size you want to trade.
  • DisconnectionAlert: If set to true, it will display an alert pointing out specific time when Internet connection has been lost/restored.
  • UseNonTradingDay: If set to true, it won't send any order on the day you have selected.
  • NonTradingDay: Select a day you don't want to trade (as long as UseNonTradingDay parameter is set to true).
  • IncreaseLotSizeWhenAllFiltersMatch: If set to true, it will increase LotSize parameter when there is a good chance that the order you are about to send is going to be successful (only applies for orders that belong to event one, two and three).
  • HowMuchToIncrease: How much do you like to increase LotSize parameter (as long as IncreaseLotSizeWhenAllFiltersMatch parameter is set to true).
  • EventOne: If set to true, it will be allowed to send orders that belong to event one.
  • EventTwo: If set to true, it will be allowed to send orders that belong to event two.
  • EventThree: If set to true, it will be allowed to send orders that belong to event three.
  • EventFour: If set to true, it will be allowed to send orders that belong to event four.
  • EventFive: If set to true, it will be allowed to send orders that belong to event five.
  • EventSix: If set to true, it will be allowed to send orders that belong to event six.
  • EventSeven: If set to true, it will be allowed to send orders that belong to event seven.
  • EventEight: If set to true, it will be allowed to send orders that belong to event eight.
  • EventNine: If set to true, it will be allowed to send orders that belong to event nine.
  • MaximumRisk_EventOne: Initial stoploss for orders that belong to event one (in points).
  • MaximumRisk_EventTwo: Initial stoploss for orders that belong to event two (in points).
  • MaximumRisk_EventThree: Initial stoploss for orders that belong to event three (in points).
  • MaximumRisk_EventFour: Stoploss for orders that belong to event four (in points).
  • MaximumRisk_EventFive: Stoploss for orders that belong to event five (in points).
  • MaximumRisk_EventSix: Stoploss for orders that belong to event six (in points).
  • MaximumRisk_EventSeven: Stoploss for orders that belong to event seven (in points).
  • MaximumRisk_EventEight: Stoploss for orders that belong to event eight (in points).
  • MaximumRisk_EventNine: Stoploss for orders that belong to event nine (in points).


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