This is an automated Expert Advisor that trades using the MACD and Envelopes indicators.
The paid version is available here .
The free version has the following limitations.
- No panel for opening orders.
- The trading is limited to the EURUSD currency pair and similar.
- Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders.
- Pause after closing of all orders is 6000 minutes.
- During the analysis, no more than 50 orders are added to the database and 15 bars are checked.
Parameters
Common
- TradeObjectsDelete : delete trade objects.
- Magic : Magic number of orders opened by the EA.
- Trading : type of trading, Netting or Standard .
- SavingInfo : save to files/variables.
- Messages : messages.
Indicators
- MACD
- MACDfastEMA : Fast EMA Period.
- MACDslowEMA : Slow EMA Period.
- MACDsigLine : Signal SMA Period.
- MACDprice : select one of the price options.
- MACDnoOpen : the number of points from 0 to not open positions.
- iBarLook : number of bars to look back for comparison. Refers to both indicators. There is no need to set a large value. The optimal ones are 1-3.
- Envelopes
- EnvelopesPeriod : period.
- EnvelopesShift : MA shift.
- EnvelopesPrice : select one of the price options.
- EnvelopesMAMethod : smoothing methods .
- EnvelopesDeviation : deviation (in percent).
Working with Orders
- MaxSpred : maximum allowable spread to open trades. 0 - any.
- Deviation : default slippage.
- StepPips : distance to the next order in pips.
- StopLossOrder : stop loss when opening an order. **
- TakeProfitOrder : take profit when opening an order. **
Working with a loss-making order
- MinusProfitFactor : * for the negative order, Lot*X. **
- LockMinusProfitFactor : * for covering the negative order, Lot*X.
Stop Loss when tracking for profitable market orders
(All stop losses should not be lower than allowed by STOPLEVEL )
- SecCheckStop : the minimum number of seconds to modify Stop Loss/Take Profit.
- InterestOrderP : breakeven percentage for profitable orders. **
- MinStopLoss : minimum stop loss for profitable orders. **
- TakeProfitOrderMod : take profit for modified orders. **
Take profit
- ProfitFactor : * for all orders (average Lot*X). **
- PairFactor : * for the currency pair during rollbacks (average Lot*X). **
- PairHeadingFactor : * for the currency pair direction during rollbacks (average Lot*X). **
- OrderProfitFactor : * for profitable orders during rollbacks. **
Training
- TrainingWork : training mode
- AnalysisProfit : profit of an order to add it to the trading database (pips)
- AnalysisMinus : loss of an order to remove it from the database (pips)
* - profit multiplier
** - if 0, disabled/not used/not taken
