EA Cypress

EA Cypress is an Expert Advisor for the EURUSD pair, which allows you to trade both in fully automatic mode and to accompany orders opened by the user. To do this, the chart provides buttons for switching modes and opening and closing orders. The recommended timeframe is M5. It enters the market based on the readings of the RSI and Stochastic indicators. Works with market Buy and Sell. It is not provided to work with all the funds, and some of the funds are left in reserve. The Expert Advisor displays information about open positions in two languages, Russian or English (set in the settings), as well as the account status and current profit.

Version for MT5 here: https://www.mql5.com/en/market/product/76667

Input settings

The EA works on both four and five-digit quotes. Parameters specified as 4 digits, the EA will count all 5-digit quotes.

• Select Language-Select the language for displaying information on the chart
• New Cycle-Enables/Disables a new trading cycle
• Max Spread-Filter for the maximum allowed spread
• Max Slippage - Maximum slippage for opening and closing orders. Increase it if your broker makes you slip or quotes come in very quickly
• Allow BUY - Allow opening of buy orders
• Allow SELL - Allow opening of sell orders
• Reserve in % - The percentage of reserve funds that will not be used in trading
• Use Autolot-true - Use Autolot; false - Do not use
• Autolot Size - The amount of funds for calculating the autolot
• Initial Lot - The initial lot for trading without using autolot. When autolot = true, it is used to calculate the autolot
• Lot Multiplier - How much to multiply the next lot by
• Variant Multiplier-Multiplier option: SumLot-multiply the sum of opposite orders; LastLot-multiply the last open lot.
• Take Profit, pips - The number of points for the profit (we specify it as for 4 characters).
• Max Open Orders BUY - The maximum number of orders in the market for BUY.
• Max Open Orders SELL - The maximum number of orders in the market for SELL.
• Max Open Orders TOTAL - The maximum number of orders in the market TOTAL.
• Distance, pips - At what distance to open locking positions (specify as for 4 characters).
• BE Orders Count - The number of orders in the market, after which the Expert Advisor will start to withdraw all positions to breakeven.
• BE Profit, points - The number of points to withdraw positions to breakeven.
• Close total if Profit, money - Close all positions if the profit on them has reached the specified value
• Close total if Loss, money - Close all positions if the loss on them has reached the specified value
• Auto-stop trading if close loss - Disable auto-trading if there was a loss closure
• RSI Period - The Period of the RSI (Relative Strength Index) indicator.
• UpLevel - The upper level stochastic for opening Sell orders.
• DownLevel - The Lower level stochastic for opening Buy orders.
• K-Period Stochastic - K-period of the Stochastic indicator.
• D-Period Stochastic - D-period of the Stochastic indicator.
• Slowing Stochastic-Deceleration of the Stochastic indicator.
• Send push notifications - Send trade information to the terminal on your smartphone
• Show info on the chart- if true-Show a block of information; false - Do not show.
• Show Button Panels - Show or not the panels for opening and closing positions.
• Draw TakeProfit Line-Draw a take profit line on the chart
• Magic ID - The magic number of the positions