EA Generic v 14.01.64
Platform: Metatrader 4
Advisor version: 01.14.64
Currency pairs: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, EURCHF, USDCAD, USDCHF
Timeframe: M15
Opening hours: Asian session
Deals open at the end of the price channel Bollinger channel, formed by three moving averages on the principle implemented in earlier versions of Generic. The Expert Advisor builds these lines independently, without indicating the middle of the range.
Long opens automatically when the M15 candlestick crosses the lower indicator ribbon;
Short automatically opens after the same signs, only in this case, the candle goes beyond the upper Bollinger band.
The trading algorithm incorporates the principle of a Gaussian distribution, based on a high probability of finding a random variable in the deviation gap of up to 2 σ, which is dynamically outlined by the upper and lower Bollinger lines. They are represented by two moving averages, the entry below and above which is calculated on the pullback and price movement to the opposite side.
The strategy has a number of filters:
Width of the range (spread between the moving averages of the indicator);
Indicators: CCI, IMA, ATR, StDev;
Restriction on the time of stay in a profitable transaction;
Prohibition of entry when increasing the spread between the bid / ask price of the pair;
Prohibit entry to the size of the maximum price range of the candle.
Until the drawdown, the size of which is determined by the stop-loss level of the "old system" strategy works in the "traditional version". A positive result of the trade is closed according to user settings “tied” to the channel width or specific values in the points indicated in the take profit functional. In order not to miss the “paper profit”, upon reaching 50% of its intended value, filters are launched during the course, following the trend change, in order to close the profit when the trend reverses.
The first knee of the grid opens at a distance of the current ATR range multiplied by a factor selected by the user. It also determines the step between subsequent orders - entries into the market as the loss increases.
Martingale - increase in each subsequent order, starts from the second generation. The settings provide for limiting the “depth of the grid”, “tied” to the maximum deviation in “pips” from the initial entry and the dynamic transition of take profit to breakeven.
The values of the main settings of the strategy are placed on the information panel for operational control: take profit level and the number of its filters, set trading time, spread, lot size and open deals:
Platform: Metatrader 4
Advisor version: 01.14.64
Currency pairs: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, EURCHF, USDCAD, USDCHF
Timeframe: M15
Opening hours: Asian session
Deals open at the end of the price channel Bollinger channel, formed by three moving averages on the principle implemented in earlier versions of Generic. The Expert Advisor builds these lines independently, without indicating the middle of the range.
Long opens automatically when the M15 candlestick crosses the lower indicator ribbon;
Short automatically opens after the same signs, only in this case, the candle goes beyond the upper Bollinger band.
The trading algorithm incorporates the principle of a Gaussian distribution, based on a high probability of finding a random variable in the deviation gap of up to 2 σ, which is dynamically outlined by the upper and lower Bollinger lines. They are represented by two moving averages, the entry below and above which is calculated on the pullback and price movement to the opposite side.
The strategy has a number of filters:
Width of the range (spread between the moving averages of the indicator);
Indicators: CCI, IMA, ATR, StDev;
Restriction on the time of stay in a profitable transaction;
Prohibition of entry when increasing the spread between the bid / ask price of the pair;
Prohibit entry to the size of the maximum price range of the candle.
Until the drawdown, the size of which is determined by the stop-loss level of the "old system" strategy works in the "traditional version". A positive result of the trade is closed according to user settings “tied” to the channel width or specific values in the points indicated in the take profit functional. In order not to miss the “paper profit”, upon reaching 50% of its intended value, filters are launched during the course, following the trend change, in order to close the profit when the trend reverses.
The first knee of the grid opens at a distance of the current ATR range multiplied by a factor selected by the user. It also determines the step between subsequent orders - entries into the market as the loss increases.
Martingale - increase in each subsequent order, starts from the second generation. The settings provide for limiting the “depth of the grid”, “tied” to the maximum deviation in “pips” from the initial entry and the dynamic transition of take profit to breakeven.
The values of the main settings of the strategy are placed on the information panel for operational control: take profit level and the number of its filters, set trading time, spread, lot size and open deals:
