Pump Up The Pips
Features and Benefits
We believe that the most important working conditions on the Forex market is a security account. In this connection, Pump Up The Pips has several methods of protection:
- Setting the maximum to prevent the spread of opening deals with too wide a spread.
- The minimum margin level for opening transactions. Does not allow an adviser to open a transaction, if the margin level below this value.
- When using multiple characters and expects the transaction to the other characters. Stops opening deals, if the total number of orders with other symbols reaches the limit.
- Setting the trading time to prevent the opening of transactions during the news release.
Other advantages of this expert:
- Powered by 4 and 5-digit quotes.
- It displays the status.
- Hot key to display the account information.
- Hotkey to close the current trades for all symbols (an important role is played here by the time).
- The hot key for closing all deals.
- It continues indicator signals.
- Settings only for the purchase or just to sell.
- Set the minimum number of minutes for closing deals (some brokers apply the rules).
- Low price for a counselor with lots of features.
Principle of operation
The principle of operation Pump Up The Pips is based on a combination of grid method with the movements of prices and logical calculations. Opening multiple transactions in the same direction, we can ascertain the total value of the take-profit (TotalProfitToClose). It is known that the price does not go up or down continuously. From such volatility and possible profit. Of course, you must not forget about the balance amount. When the shoulder 1: 500 minimum balance standard lot (100,000) is $ 1,000, but more appropriate balance will equal $ 6,000. You can select a broker to adopt a different lot size (10,000), to reduce the balance (100 $ -600 $).
There is an option "take-profit at the time." If the latest deal is active for longer than we have indicated, the transaction will be closed when the profit of the first of them reaches the profit indicated in the setting (only for the same characters).
When the total income (all characters) reaches the value specified in the configuration, all of the transaction (for all characters) will be closed.
Use only "safe" pair, for example NZDUSD, USDCAD. When applied to vysokovolatilnyh pairs, such as EURJPY, GBPUSD, it is necessary to increase the balance.
Input parameters
- StartEA - Set to true for the nomination of the first transaction, the following transaction is not dependent on this parameter.
- MaxSpreadToTrade - Specify the maximum spread for opening transactions.
- MinMarginLevelToTrade - The minimum margin level that does not allow open transactions at a lower level.
- OtherTradesLimitToStopOpenTrade - The number of transactions with other symbols to prevent the opening of transactions with the current character.
- InitLot - Initial auction.
- BaseLotIncrement - Capacity of the base bid, increase the lot size for the next transaction.
- SmartLotFactor - Supplement BaseLotIncrement parameter by increasing the total number of transactions. Set to 1 for a fixed capacity.
- TradesDistance - The number of pips / points for placing the following pending orders.
- LevelToIncreaseDistance - The number of transactions for the start of increasing the space in between them.
- DistanceIncrement - Increase in the distance when the total number of transactions reaches the value of the parameter LevelToIncreaseDistance.
- MaxTrades - The maximum number of transactions. It may not be achieved when the MinMarginLevelToTrade.
- MinMinuteToClose - The minimum number of minutes for closing deals on the general profit or MinFirstTradeToClose.
- MinFirstTradeProfitToClose - The minimum profit from the first transaction to close all orders with the same symbol, when the last trading symbol is active for longer than specified in the parameter MinMinuteToClose
- TotalProfitToClose - Total profit for the closing of all transactions (for all symbols).
- BuyOnly - If true, the opening of the transaction only to buy.
- SellOnly - If true, the transaction opens only for sale.
- slippage - Slippage.
- UseTradingTime - to false trade is conducted continuously, in the true meaning of applicable trade time specified below.
- Monday - If true, the trade is conducted on Mondays (UseTradingTime = true).
- MonStart1 - The first time the start of trading.
- MonStop1 - The first time the Trade Deadline.
- MonStart2 - The second time the start of trading.
- MonStop2 - The second time the end of the trade.
- Tuesday/Wednesday/Thursday/Friday - Same as Monday.
If you have any questions, send me a private message.
PS: Advisor also excellent for collecting rebeytov from your broker.
Video
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