Lr Expert Advisor | MT5 EA Download - MetaTrader 5 Resources

Lr Expert Advisor review and download instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

The idea behind this Expert Advisor comes from a simple mathematical formula. The Expert Advisor places two opposite orders. When the price moves in some direction, the former order will always have a positive result, and the latter order will have a little more (by the value of a spread) negative result.

If we average it, then the averaging orders are closed, excepting only the winning order, when the price goes in the opposite direction (for only a few spreads)!

You will receive a profit (due to which the Expert Advisor trades) from the winning order and, of course, the averaging orders (especially if you make use of rebate programs that repay a part of spread to you).

Additionally, there is a MA (Moving Average) filter added into the Expert Advisor.

TF – a timeframe of a candlestick chart used to identify trend direction (it is set in minutes – 1, 5, 15, 30, 60, 240 …)

MinStep – minimum step between orders (the value is increased by 10 times, when using 5- and 3-digit trading terminals)

Lot – if it is equal to 0, then the lot size will be calculated as a percentage of free margin for risk %.

risk – percentage of free margin

K_Martin – a coefficient by which the lot size is multiplied for each subsequent trade (you can set the value to 1 to disable lot increase and reduce the load on deposit)

MA – MA filter (orders are placed based on MA: if the price is above the MA, then buy orders are placed and vice versa; if set to 0, then the filter is disabled)

Magic – unique order number of the given Expert Advisor

DrawInfo – displays information on the terminal screen

DigitsLot – lots of orders to be rounded: 1 – up to one decimal place (0.1), 2 – up to two decimal places (0.01)

slippage – slippage

MinProfit – minimum profit in points required to close all averaging orders

Set2 – if true , then two orders are placed without a signal; if false , then the Expert Advisor waits, until the candle closes above/below the previous one

In version LR9 added several features:- allow trading. If you set false during trading, the adviser will end the current series and will not start trading again until you change the parameter. – close the adviser after taking profit the adviser is not particularly sensitive to the quality of quotes, so it can be optimized on the control points of M15, and then check the exact tests for all ticks.

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.