Master Levels mt5 free
Master Levels mt5 (Full version) analyzes the market situation in the last few days and determines the current levels. Tracked breakdown of these levels. Transactions are opened in the breakdown direction.
Advisor is fully automated. It has a minimum number of commercial settings. Master Levels equipped with a flexible position control system. There is a trailing stop system that helps protect the profits. Depending on the settings of an adviser may act as a scalper and as an advisor to the average profit goals.
Master Levels allows you to control the spread at the time of entry, which is critical for the scalper.
The EA algorithms implemented restrictions work on time. There is a module pause trade. You can select any interval, for example, news release time, which will not be made new deals. You can also select actions from open positions in the specified period of time to pause.
Features and Benefits
- The minimum number of settings. Ease of use
- Trailing stop – reduces losses and drawdowns
- control the spread
- Advanced module suspend trade
Recommendations for use
- Use ECN account with the minimum spreads and commission
- Choose a broker with a good execution of orders
- Use maximum leverage of 1: 100 and higher
- Trade on liquid currency pairs with a minimum spread
The default settings are designed to work on ECN accounts with an average spread less than 10 points. Optimized for EURUSD M15.
Master Levels mt4 free always uses only the minimum lot for trading. The full version allows you to use any trading volume
- Days analyze – The number of days for the levels of analysis in addition to the current one.
- Level amplitude – The required minimum amplitude for the levels. The price should on either side of the level to pass a predetermined distance
- Entry distance – Distance input. It is indenting paragraphs from the level where the input is performed. Negative values - until the input level. Positive – after the level crossing
- Start trade hour (Start trade minute) – End trade hour (End trade minute) – Hours and minutes adviser working range. Start hour = 2, the adviser starts at 2:00:01. End hour = 17, Adviser in finalizing 17:00:00
- Days filter – Trade bans on certain days of the week. To disable set false
- New trades pause – Enable / disable suspend trade regime in the time intervals (false – switch off, true – include)
- Open trade actions – Actions with an open transaction in the time of the interval
- Current manage
- Close trade
- Pause intervals – String assignment intervals to pause. You can define several intervals. Format hh: mm-hh: mm, or hh: mm-hh: mm; hh: mm-hh: mm; ……; …… The intervals are in the current day and the following days, until will remain active
control the spread
- Spread filter – The maximum allowable spread at the time of entry
- Out of time close – Close open transactions at the end of the working interval advisor
- Allowed trades per day (0 – no limit)
- Order filling type – order execution type (ask at your broker)
- Enable trailing stop – true / false
- Trailing activate – Items arrived to activate trailing
- Main trailing
- Levels color
- Line style
- Orders comment
- Commission for 1 lot (for tests) – It allows us to estimate the total amount of commissions for the entire test. The result is displayed in the test log, OnTester function. (See. Screenshots)
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