Forex Graal
- Experts
- Alexey Cherkashin
- Version: 1.43
- Activations: 5
When the expert is activated, the chart displays support and resistance levels for the used timeframe, which are calculated using the unique algorithm of our proprietary indicator, and the first two orders are opened at once in BUY and SELL, and Take Profits are set for them at the nearest support and resistance levels. For conservative, fully automated trading, it is recommended to use only trading by levels and on the H4 timeframe. To do this, set true in Open after TP (false/true), and false in Open by distance. In this case, when opening the first two orders in BUY and SELL at the nearest support and resistance levels, limit pending orders will also be set in accordance with the multiplier set in the settings. Thus, no matter where the price moves after opening the first two orders, the trader will still make a profit from one of them, which will close at Take Profit at the nearest support or resistance level, where a limit pending order will also be opened for the remaining minus order. Next, the orders are averaged and opened at subsequent support or resistance levels. For work on the H4 timeframe, it is recommended to use a multiplier of 1.5 and TakeProfit 200-300. In this case, the minus grid is usually closed with a set profit through 2-5 averaging orders. After that, two orders are opened again in BUY and SELL and work is carried out according to a similar scenario. With this strategy, you can simultaneously trade several trading instruments. As the name suggests, it is recommended to use this expert on the Forex market. Very good results for the above-described strategy with fully automatic operation of the expert were recorded when simultaneously trading all currency pairs available for trading, however, it is still recommended to avoid trading on instruments with low volatility on timeframes from H1 and higher (for example, EURJPY, CHFJPY, CADJPY, AUDJPY, GBPNZD, GBPUSD), or trade on them with orders with lots lower than others, and also use filters in the settings that control certain traders independently his individual parameters for risk management, which regulate the number and total volume of lots of opened orders, as well as the level of deposit drawdown in percent, at which the expert algorithm automatically switches to the conditions for these timeframes. When working on the initial timeframe H1, these are H4 and D1, on H4 - D1 and W. Using these filters allows you to very successfully control the deposit drawdown in a fully automatic mode. In our opinion, the optimal drawdowns for switching to higher timeframes are 7-10% for the second filter and 12-15% for the third. In this case, the deposit drawdown from our experience does not exceed 20%. According to the strategy described above, it is recommended to use, for example, cent accounts with a leverage of 1:2000, the first lot of 0.1 and a multiplier of 1.5 for deposits of $ 500 with automatic trading simultaneously on 18-22 currency pairs for optimal trading, giving an average of about 20% profit per month, or the first lot of 0.05 for conservative trading with a monthly profit of about 12%.
Just as the Holy Grail is not available to everyone, but only to those who are worthy of it, so our Forex Graal will be a real Grail for worthy traders who take algo trading seriously and professionally!
For this purpose, the following functions are implemented in the trading advisor settings:
Use time control 1 and Use time control 2 (false / true) - select the period of time of operation when true is enabled. If false, the advisor will work around the clock.
Min points to level false / true - a function that allows you to select the distance from the current price to the nearest support / resistance level, when opening the first pair of orders and automatically setting take profits for them and placing limit orders will be ignored. The function allows you to get more profit from closing one of the first orders (plus).
Min points to level - this parameter is specified in pips.
TimeFrame 1 (current) - the current timeframe and its settings below.
Lot size - the size of the first pair of orders in lots.
Multiplier - the multiplier with which subsequent orders will be opened
Open by distance (false/true) - a function that allows you to open orders first in both directions with a distance when true is enabled. When false, orders in both directions will be opened only for the first pair. This function allows you to significantly increase profits, but is also fraught with the occurrence of a significant drawdown of the deposit. It is recommended to use only on small timeframes on a calm market without a news background and under the control of the trader. or on large timeframes in the absence of support or resistance levels determined by the algorithm, when the price is at historical highs or lows.
Step - the distance at which pairs of orders will be opened when true is enabled.
Open after TP (false/true) - a function that allows opening automatically set limit orders when one of the first pair of orders (plus) is closed when true is enabled (or a grid of several orders, if true is also enabled for Open by distance, If false, limit orders will not be opened until the second (minus) order from the first opened pair is closed. which can lead to a long delay in its closing when opening at the maximum or minimum price. and when true is enabled for Open by distance - a grid of orders. which can lead to a sharp significant drawdown of the deposit.
Take Profit - a parameter for take profit, with which the orders remaining after the closing of a plus order or grid of orders (depending on the previous settings) will be closed. This parameter is specified in pips
Max positions (false/true) - a function that allows opening orders in one direction and allows regulating their number, thus limiting further drawdown of the deposit.
Max positions by side - this parameter is specified in pieces.
Max lot (false/true) - - a function that allows opening orders in one direction and allows regulating their lot size, thus limiting further deposit drawdown.
Max lot - this parameter is specified in lots
Next, traders are given the opportunity to set two filters to control deposit drawdown:
Drawdown filter 2
Max DD for TF2 in %
and
Drawdown filter 3
Max DD for TF3 in %
for various deposit drawdowns in percentage, when the algorithm should automatically switch to a higher timeframe with the parameters set by the trader. similar in their functions to the parameters specified above for the algorithm to work on the initially active timeframe (current)
