Market / MetaTrader 4 / Experts /

Lowca

30 USD

Demo downloaded: 210

Published: 2 September 2016

Current version: 1.1

Lowca

Experts
Piotr Kajstura
Version: 1.1
Updated: 29 June 2017
Activations: 5

This EA is tested on pairs: EURUSD, GBPUSD, USDCHF, USDJPY. Set different magic number for each pair.
This EA uses RSI indicator to find signals.
First order is opened when signal occurs.
Next orders are opened when signal occurs and minimum distance from last trade is reached (pipstep).
Buy and sell trades are closed separately or all together when overall profit is reached.
Use on 15M timeframe.

Settings

Lots - (default 0,1) - volume of the opened position
MoneyManagement - risk of actual Account Balance (0,25 = 25%)
Magic - set your magic number
MaximumSpread - maximum allowable spread
Slippage - set slippage for trades
TakeProfit - take profit for each trade ON/OFF
TakeProfit_Value - take profit value for each trade in points
StopLoss - stop loss for each trade ON/OFF
StopLoss_Value - stop loss value for each trade in points

TrailingStop - decide if you want use Trailing stop
TrailingStopval - Trailing Stop value for each trade
BreakEven - trailing stop active after reach breakeven

ZZ - ZigZag parameter (ZZ,5,3)
Autolot - use Automatic lot calculation
StartHour_1 - first start time
EndHour_1 - first end time
StartHour_2 - second start time
EndHour_2 - second end time

EA tested on default settings.

Minimum deposit for each pair - 100 USD (One pair = 100 USD, Two pairs = 200 USD)

On cent account use lot 0,1 for 10000 cents (100 USD)

On standard account use lot 0,01 for 100 USD

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Version 1.1 2017.06.29

Added MoneyManagement
Added TrailingStop
Added ZigZag indicator
Added Auto lot calculation
Added times when to start and end trading

Removed maximum position number
Removed pipstep