Network Double mt5
- Experts
- Vasiliy Strukov
- Version: 1.0
- Activations: 5
The Network Double analyzes the news and opens two orders - one with a small take profit, the other with a large one, so that we can catch both big movements on the news and big ones. The Expert Advisor uses the news to exit trading positions and therefore cannot be tested in the strategy tester. Please remember to change the “WorkMode” settings to “mode_Real” for the EA to work. The Expert Advisor will connect to news web sites and therefore you have to tick the “Allow WebRequest” in Tools>Options > Expert Advisors.
Add the following: https://sslecal2.investing.com/ https://www.worldtimeserver.com/ and press "OK". The EA takes news from the specified websites.
Real-time results can be viewed here.
Contact me immediately after the purchase to get personal bonus!
Settings and manual here
SETTINGS
- WorkMode – mode_Real (always keep mode_Real)
- Open new series on/off - beginning of a new series of orders.
- Trade Buy -allow the adviser to buy.
- Trade Sell -allow the adviser to sell.
- Support manual orders – True/False (if true EA will manage manual orders)
- Use hedge- allow the adviser to trade both direction buy and sell. If off only one trade direction.
- Max Orders – maximum orders allowed
- Order Comment – comment preferred by trader
- Start lots – initial lot to start trades
- Use Money Management -on / off (use of automatic lot calculation.)
- Autolot - Free margin for each 0.01 lot -the amount of free margin for opening every 0.01 lots.
- Lot multiplier -lot multiplier for the following orders.
- TP -take profit, Take profit in points for grid 1
- TP2 (Grid 2 off) – Take profit in points for grid
- Order for TP 1 – Amount of orders in grid for TP 1
- SL -stop loss, in points from the first order.
- Trail Start -activation of a trailing stop.
- Trail Step -distance from the price when activating a trailing stop.
- Close from reverse signal – EA will close when next news announcement triggers opposite signal
- Max spread (0 – not use) – max spread allowed
- Start hour -Time for opening the first order.
- End Hour – Time for ending new orders
- DD Reduction Algorithm - drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
- Number order for DD Reduction Algorithm - from which order the drawdown reduction algorithm is activated.
- Percent profit for DD Reduction Algorithm - percentage of profit when closing orders in the drawdown reduction mode.
- Draw on-off – drawing of profit tags on chart on or off
- Next is all font and Background color settings
- Pause between orders (min. 0 – not use) Pausing in minutes between orders
- Magic -is a special number that the EA assigns to its orders.
- Fix distance - fixed distance between orders
- Order dinamic distance - from which order will the dynamic distance be applied in order.
- Dinamic distance start - the starting value for the dynamic distance.
- Distance multiplier - the dynamic distance multiplier.
- Maximum Lot -maximum lot.
- Next is Indicator parameters
- News Setting
- Use Only USD news – true/false (It is recommended to use only USD news)
I've been using the Ea for around 2 weeks, so far it is performing as expected, IIike it. I will leave more comment later after it runs longer.