This Expert Advisor is notable for the fact that it is designed for trading any currency pair. The "Pattern + RSI" robot demonstrates good performance for a long time without changing the settings, and it is not some prohibitively complex system, but simply a successful combination of Prise Action, indicators and an order grid.
The EA can be used in any market with a low spread and good liquidity.However, I recommend the following currency pairs: EURUSD, USDJPY, GBPUSD and XAUUSD.Fully automatic trading with calculation of entries based on pattern analysis on a higher timeframeand filtering on a lower timeframe.
The main characteristics of the advisorAdvanced stop loss managementSlippage control algorithm to avoid large losses in case of strong slippageFully automatic mode with configurable inputsWell tested on history with high quality simulations, real or floating spreads, commissions and random slippage, with 99% tick qualityIt is recommended to use the EA with brokers with low spreads, low commissions and fast execution.Most ECN brokers provide such conditions.
Parameter overview:
"RSI settings"on / off rsi - enables / disables the RSI indicatortimeframe_RSI - timeframe for the RSI indicatorperiod_RSI - periodlevel_buy - level to buylevel_sell - level to sell
Base = "Basic Settings"Fix Lot - static lot sizeRisk - The size of the dynamic lot in% of the depot (if = 0, only static lot calculation works)Max Lot - Maximum allowed lotK.Lot - Multiplication factor
MoneyManagment = "Order Management"StopLoss - Stop loss size in pointsTakeProfit - take profit in pointsRequot - price slippageMagic - the magic number of the advisorStopLossMode - enable / disable stops from the second order
FunctionRecovery = "Function Recovery"Profit-Recovery - profit size of the order grid in the account currencyCount Orders-Recovery - the number of orders in the gridStep Orders-Recovery - step of grid orders
PatternControl = "Pattern Search"TF - pattern search timeframe
