pips Picker
This EA does not use indicators in the conventional sense, using analysis of the prices at the extremes of supply and demand, trade is conducted on a sample of price levels. Martingale is not used, the number of simultaneously open trades 2. Advisor can work offline on any broker, non-limiting commercial space FREEZELEVEL and STOPLEVEL.
Excluded freeze orders and care drawdown, all the transactions necessarily have a set stop-loss and take-profit. It is possible to make them virtual, if you decide to use it to close under its own control or eliminate restrictions on execution and FREEZELEVEL STOPLEVEL orders. In this case it is necessary to revise the risks to lower.
Basic parameters and settings
Management of trading volume and risk
- Slippage - slippage (3 by default);
- Calculation of loss of balance (false - equity) - calculation of losses by 1 (one) transaction (default false - by means);
- Regression of trading volume - Regression trading volume (false - does not decrease when losing trades);
- 1 Plan loss on trade in% (0 - fixed lot) - calculation of the loss per transaction in% (optimal values - from 0.5 to 0.7, 0 - trade minimum volume);
- Minimum lot - the minimum trading volume (0.01 - default);
- Maximum lot - maximum trade volume when avtoraschete;
- Maximum spread - maximum spread, when it is exceeded the system blocks the entrance to the transaction (12 - default);
- Index trailing Stop Loss (0-off) - Index Trailing Stop Loss (0.8 by default);
- The index set Profit (at Stop Loss) - Index calculation of profit, loss given times (20 - by default);
- The index set Stop Loss (at operating spread) - Index calculation Stop Loss to the operating spread (2.5 - by default);
- The distance for placing a pending order - distance of the opening of a pending order in the spread (15 - by default);
- Virtual Stop Loss & Take Profit - trade with virtual protection levels (false - by default).
Trading Session Management
- Hour of the START trading session - opening hour of the trading session;
- Minute of the START trading session - minutes of the opening of the trading session;
- Hour of the STOP trading session - hour trading session;
- Minute of the STOP trading session - minute of the trading session.
All settings are optimized for the trade in EURUSD from five characters after the decimal point and spread no more than 11, you can customize by any broker. Testing is best done in M30 period (the period can be reduced). Adviser to the quality of work depends on the technical liquidity (speed of execution). It is possible to ensure that the trading platform by placing a virtual private server (VPS or VDS). The flexible control setting capital and loss control.
Advisor will be sold at a price of 300 USD to achieve 10 sales, then the price will rise. When buying a counselor provides support for its more effective use.
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