This EA uses in its work the signals from a set of indicators of Bill Williams. Trade direction is determined by the main signal indicator Alligator (three moving averages) and optionally signals Awesome Oscillator indicators and Accelerator / Decelerator. To restrict trade counter-trend signals the senior timeframe can be used.
Trade is being deferred or STOP LIMIT orders. There can be used up to three orders whose weight is set in the EA parameters. Option trading STOP orders involves breakdown of the level of the last fractal in the direction of the trend. Option trading LIMIT orders based on the entry into the market on pullbacks in the direction of the trend. ALL option uses two methods of entering the market.
To set the parameters of orders using scope as the price difference between the latest maximum and minimum. Levels take-profit from the price calculated based on the magnitude of the Fibonacci sequence, the parameters defined in the EA. Levels of a protection stop-loss set as a percentage of the price scale.
Not triggered pending orders are removed at the termination of the main signal or the action of forming a new fractal.
Maintenance orders triggered by one of selected parameters in ways trailing. At the close of the first order at the take-profit, the remaining two are transferred to breakeven.
Adviser trade can be limited in time, all orders can be forced to close at the end of the day.
Advisor is designed for intra-day trading on different time frames and currency pairs. During the real test lasting results have been obtained on the hourly and 4-hour timeframe on the major currency pairs and metals. The best results in the presence of the adviser brings sustainable trend. Try to avoid unnecessary risks when the news outlet. For successful trading be sure to test and select the appropriate options in the strategy tester.
1. Opening of the parameters.
- TF – working timeframe over which signals are calculated.
- TF_Dir – timeframe for further determine the trend.
- VarMode- way to trade ALL / STOP / LIMIT orders.
- Lots1 – lot size for the first order.
- Lots2 – lot size for the second order.
- Lots3 – lot size for the third order.
- Fibo1 – Fibonacci number for the calculation of the first take-profit orders.
- Fibo2 – Fibonacci number to calculate the second take-profit orders.
- Fibo3 – Fibonacci number to calculate take-profit of the third order.
- price_STOP – correction level setting STOP-orders, price from sweep% (2%).
- sl_STOP – the level of stop-loss orders for the STOP-% of the price scale.
- price_LIMIT – retracement level for setting limit orders,% of the price scale.
- sl_LIMIT – the level of stop-loss orders for the LIMIT-% of the price scale.
- use_AO – use the signal Awesome Oscillator.
- use_AC – use the signal Accelerator / Decelerator.
- use_Panel- information display panel on which are recorded signals from different timeframes.
- MagicNumber – the magic number adviser.
2. Support Orders.
- use_Breakeven – translate to breakeven at the close of the first order the remaining warrants.
- use_Trail- use trailing.
- VarTrail – version trailing EasyStep / Complex.
- TrailingStop is a fixed size of a simple trawl in points.
3. Time limit.
- use_Time – to restrict trade at the time.
- StartHour- hour start trading.
- EndHour – hour of trading end.
- use_Close – forced to close at the end of the day.
- CloseHour-hour forced the closure of all orders.
- CloseMinute-minute forced the closure of all orders.
4. Signal parameters.
- ma_period1 – averaging between green (fast) line.
- ma_shift1 – shift of the green line on the price.
- ma_period2 – averaging period red (average) line.
- ma_shift2 – shift of the red line.
- ma_period3 – averaging between blue (slow) line.
- ma_shift3 – shift the blue line.
- ma_period4 – MA averaging period for trailing.
- ma_shift4 – MA shift for trailing.
- applied_price- used price.
- shift- shift relative to the current bar at the specified number of periods ago.
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