Job finished
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Specification
General
- RISK FACTOR
- GUI ENABLED
- MAGIC NUMBER
Entry 1: QQE
- RSI PERIOD
- RSI SMOOTHING FACTOR
- QQE BUY LEVEL
- QQE SELL LEVEL
Filter 1: Spread
- SPREAD ALLOW (Enable / Disable)
- SPREAD FILTER (In Points)
Filter 2: QQE Adaptive
- QQE ALLOW
- QQE TIMEFRAME
- RSI PERIOD
- RSI SMOOTHING FACTOR
Filter 3: Parabolic Sar
- SAR ALLOW
- SAR TIMEFRAME
- STEP
- MAXIMUM
Filter 4: Waddar Attar Explosion
- WADAR ALLOW
- WADDAR TIMEFRAME
- DEAD ZONE PIP
- EXPLOSION POWER
- TREND POWER
Grid Martingale
- GRID MODE (ATR / FIXED)
- GRID STEP (In Points Or In Decimals)
- MULTIPLIER
- X TRADES
Exit Strategy
- TP POINTS
- TP %
- SL POINTS
- SL %
“RISK FACTOR” Calculation
1 = Start 0.1 Lots Every $10000 With Calculated Lot Value Rounded Up To Nearest 0.01
For Example An Account Balance $420000 With “RISK FACTOR” = 0.032,
$420,000 / $10,000 * 0.1 * 0.032
Entry 1: QQE
- Buy On Candle Close If QQE Red Dotted Line Crosses Above QQE Blue Dotted Line Below “QQE BUY LEVEL”
- Sell On Candle Close If QQE Blue Dotted Line Crosses Above QQE Red Dotted Line Above “QQE SELL LEVEL”
- Do Not Enter New Basket When A Current Sell/Buy Basket Is Already Opened
- EA Can Open 1 Basket Each Of Buys And Sells At The Same Time
Filter 1: Spread Filter
- Ability To Enable Based On “SPREAD ALLOW”
- If Enabled, Do Not Open Trade When Spread Is Above “SPREAD FILTER”
Filter 2: QQE Adaptive
- Ability To Enable Based On “QQE ALLOW”
- If Enabled, Buys Are Filtered Out If QQE Blue Dotted Line Is Above The QQE Red Dotted Line
- If Enabled, Sells Are Filtered Out If QQE Red Dotted Line Is Above The QQE Blue Dotted Line
Filter 3: Parabolic Sar
- Ability To Enable Based On “SAR ALLOW”
- If Enabled, Buys Are Filtered Out If Sar dot Is Above The Current Candle
- If Enabled, Sells Are Filtered Out If Sar dot Is Below The Current Candle
Filter 4: Waddar Attar Explosion
- Ability To Enable Based On “WADDAR ALLOW”
- If Enabled, Buys Are Filtered Out If Waddar Attar Bar Is Red Or If Bar Closes Below Yellow Line
- If Enabled, Sells Are Filtered Out If Waddar Attar Bar Is Green Or If Bar Closes Below Yellow Line
Griding
- One Candle Per Trade On Candle Close
- If “GRID MODE” = Fixed, Grid In Loss When Candle Close In Opposite Direction With Point Value Greater Than Grid Step
- If “GRID MODE” = ATR, Grid In Loss When Candle Close In Opposite Direction With “ATR POINT” Value Greater Than Grid Step
- “ATR POINT” Calculation = DAILY ATR x Grid Step (In Decimals)
For Example When “GRID MODE” = ATR, “GRID STEP” = 0.5, “DAILY ATR” = 900 (Points)
“ATR POINT” Calculation = 0.5 * 900
Martingale
- Martingale Every “X TRADES” Amount Of Trades
- Martingale By A Factor Of “MULTIPLIER” For Next Sequence
- Lots Size Rounded Up To Nearest 0.01
For Example A Starting Trade 0.1 With “X TRADES” = 3 And “MULTIPLIER” = 1.75,
0.1 - 0.1 - 0.1 - 0.18 - 0.18 - 0.18 - 0.31 - 0.31 - 0.31…
Take Profit
- Take Profit When Basket Reaches “TP POINTS” points From Breakeven
- Take Profit When Basket Gain Reaches “TP %”
- So At Any Given Point There Would Always Be 2 Take Profits For A Basket
- Use The Take Profit That Is The Neast To Current Price And Place A Take Profit Order
- Meaning That Every Time A New Trade Occurs In Basket, Take Profit Orders For All Trades Are Modified
Stop Loss
- Stop Out Of Basket When Basket Reaches “SL POINTS” Points From Entry
- Stop Out Of Basket When Basket Loss Reaches “SL %”
GUI
- Calculate That Current Drawdown Only For That Specific Pair With That Specific Magic Number
Similar Working EAs For Reference Purposes
- Ranger EA
- Waka Waka EA