VR---SETKA---3 - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources

Hello dear traders, Adviser VR --- SETKA --- 3 has been written based on popular demand. This Advisor is written by me based on my own trading experience. Realize that markets and prices are chaotic, have no rules, and are not guaranteed to go down or up in a minute. But in this chaos, there is an iron law that will never change. The purpose is that what appears in the chaos of the constant law sequence is chaos. Within an hour it is chaos, and within a year it is chaos. I asked for an idea on how to capture motion of all sizes and benefit from this small advantage.

Advisor is written based on three components:

1 - Good entry into the market (for this I tried more than ten trading strategies, the goal was to find a strategy with at least 8 successful entries and 2 failed ones)

2 - Hold the position until the planned profit is reached.

3 - Positive output and output statistics for profit, zero for two losing trades (so that we do not feel upset at the end of the order, 0 parameter Plus has been added to add more items in plus)

1 - Good market access

I think many of you when listening to news about the stock market often talk about price increases of 2% to 1% and so on. I investigated in detail the statistics of the trading strategy for overbought or oversold markets, i.e. we have a currency minimum or maximum price of 23,000 for 1 day to open the trading advisor and need to go up or down, by default the Percent Advisor is assigned 1.3 respectively, at this time the advisor will sell the price 1.2423

Minimum 1.23000 days, current price 1.25000, sell percentage 1,3% (((current price 1.25000 * 100) / minimum number of days 1,23000) -100)> = percentage 1,3%

A buy signal can be obtained through a reversal. So we have a pullback from strong price action! ...

Most other strategies don't fit into the ratio of 8/2 is everything, 5/5, and 3/7.

2 - Hold the position until the planned profit is reached.

Holding a position means that the advisor does not intervene and the result of the first order is positive, that is, the first order is opened, and if the price is right and a profit is made, the advisor waits for execution to make a profit. If you use a large deposit calculation (lot size = 0 and percentage => 1), each new trade will have a little more lot size than the previous one. To calculate the percentage of large amounts of free money, we take the textbook code MQL4. The code has been modified to allow you to specify a decimal value as a percentage (1.1% 1.8% 35.69%)

3 - Positive output and output statistics for profit, zero for two losing trades (so that we do not feel upset at the end of the order, 0 parameter Plus has been added to add more items in plus)

Exiting unprofitable trades is the method of averaging (averaging, added to current positions in the market of the same type and size), that is, the price goes against us and against our position in the market, the advisor will deal with the same type, rolling back to a state where the profit on the trade is equal to 0 when calculating the price. When averaging to close to zero without a Martingale advisor, a 50-52% rollback is required based on spreads and commissions.

Schedule included in fixed trade volume

Using Martingale advisors would rather roll back 20-22% of the amount to close a series of orders.

(Averaging martingale – adding more market positions of the same type and lot size to the current position than the previous trade)

The Martingale method is very risky, since a move of 300-400 points will require a large deposit of funds

Chart using Martingale Trading volume changes according to the number of open positions

For the sake of averaging, in order to install additional warrants, the next option turns on Distanciya using its usage points, as well as the option ShagDist, which increases the distance by the given number of points with each new warrant.

The Expert Advisor provides the option to change the averaging method

classic martin = error

martingale martin = True

Slip = 2 paragraph slips

Magic = 1; magic number consultant

Therefore, for the optimization of price discovery, we have the following schedule

In the near future I plan to write VR for MetaTrader 5 --- SETKA --- MQL5

Attachment download

📎 VR---SETKAa3hM.mq4 (9 KB)

Source: MQL5 #10789