Elders gatling demo
Elder's gatling - Hybrid Advisor indicator, which combines market analyzer under the "three screens Elder" and trade panel - risk manager with the definition of the trading volume under you set the risk.
Attention: This is the demo version of the advisor. It is intended for testing and a stripped-down functionality. It works only on EURUSD and it is represented by only three currency pairs on a combination of ranges H4-H1-M15 without the possibility of setting selection.
The full version can be found here: https://www.mql5.com/ru/market/product/10215
Indicator and advisor, included in the system, are no different from those presented on the links above, except design.
How does Analyzer Elder?
- The indicator analyzes the six currency pairs on the "three screens Elder" system.
- The analysis takes place on the 4 combinations of price ranges (Mn-W1-D1, W1-D1-H4, D1-H4-H1, H4-H1-M15).
- In the event of a signal system for the purchase or sale of any of the combinations of light bands will issue an alert to the recommendation.
settings
- Instrument_1 = "EURUSD"; - Choose the trading instrument.
- Instrument_2 = "GBPUSD"; - Choose the trading instrument.
- Instrument_3 = "USDCHF"; - Choose the trading instrument.
- Instrument_4 = "USDJPY"; - Choose the trading instrument.
- Instrument_5 = "USDCAD"; - Choose the trading instrument.
- Instrument_6 = "AUDUSD"; - Choose the trading instrument.
- Level_top = 80; - Select the top level of the indicator Stochastic.
- Level_bottom = 20; - Select lower level of the indicator Stochastic.
- TimeFrames - selects a default range (Mn-W1-D1, W1-D1-H4, D1-H4-H1, H4-H1-M15).
- Price_MACD_EMA - Determine the indicator reading at the current and the previous bar (Current Price) or the last closed and closed in front of him (Close Price) for the MACD and EMA.
- Price_ST_1_ST_2 - Determine the indicator reading at the current and the previous bar (Current Price) or the last closed and closed in front of him (Close Price) for the Stochastic.
- Alerts - Enable (true) / Off (false) alerts.
- Alert_Interval = 5; - alerts interval in minutes.
How does the trading panel the risk manager?
- You Drives a percentage of risk, the expert. This is the percentage of your funds in your account, which you are willing to risk on a trade operation.
- Using the mouse you drag your prospective stop-loss at the desired level, and adviser automatically detects your desired trading volume.
- You push the button BUY or SELL, and you will automatically open the deal with the necessary trading volume and a predetermined stop.
- You press Breakeven and adviser throws a stop-loss to breakeven.
- Button Trailing It includes Trailing stop.
- Button CLOSE ALL closes all open trades.
- In addition, the adviser photographed at the opening and closing of each position and place the screens in MQL4 \ Files folder.
settings
- Your risk - The risk per trade operation as a percentage of the deposit.
- Trailing_stop_VH - distance in points, after which switched trailing stop function.
- Volume_1st_digit - true (If the minimum amount of 0.1 broker) false (If the minimum amount of 0.01 broker)
Note
Risk Manager is designed to work only with currency pairs and gold. For gold setting a trailing stop must be multiplied by 10. That is, if you want to put, for example, 10 points, the parameters needed to drive a 100. I draw your attention that many brokers there is such a thing as the minimum distance from the price for the next stop (the same applies to the trailing stop). For example, for FxPro in gold is five points (in the parameters needed to drive 50).
For maximum accuracy, the volume ratio of your risk advisor integrated amount up to the second mark. For example 1.67 lots, not 1.6 lots. If your broker a minimum trading volume of 0.1 rather than 0.01, the adviser will not work.
Video
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