EA Consolidation | MT5 EA Download - MetaTrader 5 Resources - MetaTrader 5 Resources
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EA Consolidation Review and Download Instructions
\nThis 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.
\nstrategic positioning
\nThis 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.
\nTesting recommendations
\nIt 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.
\nKey points of English page
\nThe EA is based on three very effective strategies. 1- trading on price consolidation, 2- breakdown of the price level and 3 distribution of trading volume. In addition to these three main strategies, the adviser also uses the tactics of closing long-distance positions at the expense of opposite profits, averaging volume and locking a false breakdown. It is almost impossible to describe the strategy consistently, since at every moment of time the adviser chooses his tactics and it can only be predicted by knowing the price in advance. The easiest way is to accept it as a black box making money. It is for this purpose that I have created parameters based on the average daily price movement. All parameters are based precisely on the average volatility of the ADR day over the past 2 weeks. Thus, the parameters are suitable for almost all major currencies. The examples show tests for different currencies with the same parameters. I suggest putting this adviser on 10-20 currencies at once, since its additional tactics provide for multicurrency. 0.5. This means that as soon as the equity increases by 0.5 ADR, all transactions will be closed and the system will continue trading from scratch. All the tests below are done with default parameters. Of course, you can improve them by performing your own optimization.
\nThis is the first version of the Expert Advisor, then I plan to improve the way of determining consolidation and its breakdown. I hope for constructive suggestions and competent questions.
\nParameters MinSte p ADR = 0.25; – the minimum price step in this case is a quarter of the average daily price movement MinProfitADROne = 0.0; – min profit of closing one direction (0- the function is disabled)
\nMinProfitADRAll = 0.5; – profit of closing all positions of the current instrument (0- the function is disabled)
\nMinProfitADRBy = 0.5; – the profit of the counter closing of the far due to the accumulation of opposite
\nequityADR = 0.0; – equity increase to close all positions of the entire account including orders of other advisors and manual….. (0- the function is disabled)
\nExamples of texts are made with default settings on the RoboForex broker
\nThe expert Advisor is created in two versions for the MT4 and MT5 terminals.
\nThe cost of the Expert Advisor is 150 USD for one account or 300 USD for all accounts without time limit.
\nPayment methods: https://cmillion.ru/en/pay/
\nIn the tester and on the demo account, the Expert Advisor can be tested for free.
\nAbout its acquisition, write to me
\n\nRisk warning
\nEA 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.
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