MA7 Agave C3 MT4
- Experten
- Andrey Minaev
- Version: 1.0
- Aktivierungen: 5
Subscribe to the MA7 Trading channel to receive notifications about new programs, updates and other information.
Ask questions in the profile on the MQL5.
Description of work
The MA7 Agave C3 expert advisor is based on the MA7 Agave indicator. When a signal from the built-in indicator appears, the expert advisor opens a position, sets the takeprofit and the level for opening an averaging position. When the grid is fully opened, the expert advisor sets a stoploss. Only one grid can be opened in the market.
Detailed information about the MA7 Agave indicator.
Features of work
Designed to work on hedge accounts;
Recovers your data in case of a sudden power outage;
Stoploss and takeprofit are not installed on the server; the expert advisor itself closes positions when these levels are reached.
Note: before running the expert advisor, the settings need to be optimized for a specific financial instrument and timeframe.
Detailed information about the expert advisor settings can be found in the article "Expert advisors of class C3".
Expert advisor settings
General settings:
Timeframe – timeframe from which signals come;
Magic – designed to identify your positions.
Money management settings:
Position volume – position volume, lots.
Position opening settings:
MA7 Agave settings – settings of the MA7 Agave indicator:
Period – Average Directional Movement Index indicator period.
MA7 Flax settings – settings of the MA7 Flax indicator:
Period – Average True Range indicator period;
Method – Average True Range indicator value multiplier;
Apply to – price type;
Remove subsequent arrows – removes subsequent arrows in one direction.
Position closing settings:
StopLoss – distance to loss limitation, points;
TakeProfit – distance to profit taking, points;
Grid settings – grid settings:
Positions total – number of open positions in the grid;
Distance between positions – distance between the positions in the grid, points.
Display settings:
StopLoss color;
StopLoss line style;
StopLoss line width;
TakeProfit color;
TakeProfit line style;
TakeProfit line width;
Position price color;
Position price line style;
Position price line width.
