EA Generic v 14.01.64
Platform: Metatrader 4
Advisor model: 01.14.64
Forex pairs: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, EURCHF, USDCAD, USDCHF
Opening hours: Asian session
Offers open on the finish of the value channel Bollinger channel, fashioned by three shifting averages on the precept applied in earlier variations of Generic. The Professional Advisor builds these strains independently, with out indicating the center of the vary.
Lengthy opens routinely when the M15 candlestick crosses the decrease indicator ribbon;
Quick routinely opens after the identical indicators, solely on this case, the candle goes past the higher Bollinger band.
The buying and selling algorithm incorporates the precept of a Gaussian distribution, primarily based on a excessive likelihood of discovering a random variable within the deviation hole of as much as 2 σ, which is dynamically outlined by the higher and decrease Bollinger strains. They’re represented by two shifting averages, the entry under and above which is calculated on the pullback and value motion to the other aspect.
The technique has numerous filters:
Width of the vary (unfold between the shifting averages of the indicator);
Indicators: CCI, IMA, ATR, StDev;
Restriction on the time of keep in a worthwhile transaction;
Prohibition of entry when rising the unfold between the bid / ask value of the pair;
Prohibit entry to the scale of the utmost value vary of the candle.
Till the drawdown, the scale of which is decided by the stop-loss degree of the “outdated system” technique works within the “conventional model”. A optimistic results of the commerce is closed in keeping with consumer settings “tied” to the channel width or particular values within the factors indicated within the take revenue practical. So as to not miss the “paper revenue”, upon reaching 50% of its meant worth, filters are launched through the course, following the pattern change, so as to shut the revenue when the pattern reverses.
The primary knee of the grid opens at a distance of the present ATR vary multiplied by an element chosen by the consumer. It additionally determines the step between subsequent orders – entries into the market because the loss will increase.
Martingale – improve in every subsequent order, begins from the second technology. The settings present for limiting the “depth of the grid”, “tied” to the utmost deviation in “pips” from the preliminary entry and the dynamic transition of take revenue to breakeven.
The values of the primary settings of the technique are positioned on the knowledge panel for operational management: take revenue degree and the variety of its filters, set buying and selling time, unfold, lot dimension and open offers: