Balancing Buy and Sell orders, take profits on the market reversal in the conditions of increased volatility with uptrend or downtrend. Risk Manager closes all orders according to the statement loss or permitted arrived, checking account NumberAccount.
operation signals Expert BuySellProf, BuySellProf_Security. Setting a counselor in my blog.
Description of work
Entering the market two orders (Buy and Sell), establishes both a fixed warrant Take Profit. After operation Take Profit on Buy or Sell, Advisor sets based on Martingale Buy order, if the previous order is closed at Sell, or on the contrary, sets the warrant Sell, if the previous order was closed on Buy. Then connects both profit, and a new order of the previous one in the overall profit (with a special algorithm), moving it to the place of a possible price movement.
This opens another order (the rocker in the opposite direction to the two) with a value equal to the last order (with Martingale), creating a lock (lock) with the last order. If volatility exceeds the implied price of Take Profit orders, counselor, taking profit, repeats the previous operation, taking into account the Martingale, and so as long as the market does not turn around or volatility starts to decline. By this order Stop Loss is set in case the market turns from bullish sentiment to bearish and vice versa. This Stop Loss can be set to fixed or Trailing Stop (?).
At the closing of Take Profit (?) Or the largest CurrentPercentProfit (?) Of all previously set orders (currently all of them are connected to one Take Profit), adviser to the newly starts a new cycle of trades, establishing two orders respectively for Buy and Sell and so on to achieve the ordered profit TotalProfitPercentage .
Risk Manager constantly monitors the status of: balance, equity and profit. Displays them in the terminal value of the chart window. Upon reaching the drawdown (PercentLoss) Or book profit (TotalProfitPercentage), Closes all orders (as set automatically the same hand), and removes the adviser from the chart. To restart the robot advisor attach to the graph and re-enter the input parameters.
- Risk Manager controls the account number (the adviser does not work on other accounts other than on one that is registered in the NumberAccount), balance, equity and operating profit, bringing their values and the values of the input parameters in the terminal window graphics in real time;
- Commerce in manual or automatic mode (which can be installed any further orders manually, thus not interfere with the advisor);
- Trade with high volatility, news outlet, bullish or bearish market;
- Ability to work on any currency pairs and on all timeframes;
- After a sudden connection failure, the adviser is able to immediately resume their work, re-calculating the Take Profit and placing orders according to the algorithm.
Disadvantages include the selection of the parameters on the history of trades, but this disadvantage is offset correct adjustment counselor and warrant balancer that adjusts adviser under the realities of the market.
- NumberAccount – № numerical value account;
- TotalProfitPercentage – the total percentage of profits;
- CurrentPercentProfit – operating income in the cycle;
- UsePercentLoss – enable / disable the allowable drawdown;
- PercentLoss – allowable percentage loss (drawdown);
- TP – take profit (Take Profit);
- SL – Stop Loss (Stop Loss);
- Lots – the value of the lot. This EA can be any value item, the fractional 0.01;
- Martinlot – multiplier Lots to achieve better gains and bezubytka (1 – offline Martingale 0.1 and increased granularity, i.e., 1 = 1.1 + 0.1, etc.);
- MaxLots – the maximum allowable value of the lot (by using increasing size Martingale item, for example from 0.01 to 2, further EA will establish additional orders only the magnitude of the lot Martingale 2 will operate in the intervals from 0.01 to 2. This reduces the balance drawdown.;
- Use Trailing Stop – enable / disable the trailing stop;
- Trailing Stop – trailing stop value;
- MagicNumber – magic number, an integer constant that is used to uniquely identify the warrants.
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