Trading Robots for MetaTrader 4

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MetaTrader 4

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Information

Experts
MetaTrader 4
Andrey Kolmogorov
1.12
5

Overview

The Expert Advisor is based on an adaptive algorithm, using many self-tuning parameters.

All Low Risk (SL) sets of orders have a strict limit on losses (5% DD per order* or time limit).

New sets are in the "Comments" section comments #154-159.

Main Advantages

  • The EA does not use Martingale;
  • The minimum starting deposit is $300;
  • No need to close the robot during news releases;
  • It works with 4 and 5-digit quotes;
  • A multi-level model of a quantum set.


Working parameters

  • Currency pairs: EUR/USD, EUR/JPY, EUR/CHF, AUD/NZD;
  • Leverage: >200;
  • Timeframe: М15;
  • Broker: any;
  • Account: preferably ECN;
  • To use Trailing Stop, it is highly recommended to have an account with zero Stop Levels.


General Trading Settings

  • Start trading - enable/disable the Expert Advisor.
  • TakeProfit - take profit value for the orders opened by the EA, depends on the specific currency pair and trading style (if set to zero, ATR values are used);
  • Slip - maximum allowed slippage.
  • MagicNumber - unique number of positions opened by the EA.

Settings for optimization

  • Quantum algorithm level - select the quantum model level;
  • High level RSI - RSI parameter;
  • Low level RSI - RSI parameter;
  • Level for filter - level for filter;
  • Maximum support orders - the maximum number of open support orders;
  • LotExponent in support orders - lot exponent for support orders;
  • Minimum distance between support orders - the minimum distance between support orders.

Risk management

  • Lots - initial lot size. It is activated, if the values of Risk and DepoStep are zero;
  • Risk - percentage of the deposit balance to increase the initial lot. It is activated, if the value of Lots and DepoStep is zero;
  • DepoStep - deposit size step for doubling the initial lot. It is activated, if the values of Lots and Risk are zero.
  • Use Down TakeProfit - enable/disable TakeProfit down parameter;
  • Order number Down TakeProfit - after which order to lower TakeProfit;
  • New TakeProfit - new value TakeProfit;
  • Stop by equity - enable/disable limitation of losses by equity.
  • Value of equity - allowable loss by equity, at which all orders previously opened by the EA are closed.

Trailing Stop

  • Use Trailing Stop - enable/disable the Trailing Stop parameter.
  • Fixed trailing size - size of the Trailing Stop in points from the order opening price;
  • The size of the correction Trailing Stop - price range in points from Fixed trailing size to trigger  Trailing Stop.

_________________________________________________

* subject to the opening of all 5 support orders.



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