Automatic Trading System CM Head On - MT4/MT5 Resources

Automatic Trading System CM Head On 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 cost of the key is 50 usd

Automatic trading system

The Expert Advisor has no indicators.

The Expert Advisor places orders from the market at the moment when the current Bid price becomes more or less than the extreme of the last candle. If the price goes in the direction of profit, then after a given step it is allowed to place orders with the initial lot (according to the trend.) If the price goes against our order, the EA places orders with an increased lot. The signal for the resolution of the order is the same (changing the extreme of the candle).

Closing orders. The Expert Advisor analyzes the breakeven amount of buy and sell orders. The blue label is the breakeven of the ign Red – breakeven sell As soon as Buy is above the blue on Minprofit, and Ask is below the red on Minprofit, all orders will be closed. Thus, orders are locked and the Expert Advisor passes even protracted trends.

Step = 20; //distance between open orders in the order grid

Lots = 0.1; //if=0, the lot will be calculated as a percentage of free funds by RiskPercent %

RiskPercent = 0.01; //Lots = AccountBalance() * (RiskPercent / 100.0) / 10000.0

K_Lot = 1.5; //lot multiplication

DigitsLot = 2; //number of decimal places in the lot size (2 – 0,01) (1 – 0,1)

OrdersNoTP = 2; //the difference in the number of orders at which we allow trend orders

Minprofit = 2; //minimum profit

_____________ = "Filter Time";

TimeStart = 0 , //time limit of the Expert Advisor

timeEnd = 24, //do not open orders and close deposits if the time is not between TimeStart and timeEnd

FridayHourClose = 16; //order closing hour on Friday

The adviser is conditionally free. You can use it in the tester and on demo accounts without any restrictions. To work on a real account, you need a key. How to get a key for free

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.