Market / MetaTrader 4 / Experts /

NIP Trading

30 USD

Demo downloaded: 191

Published: 6 February 2017

Current version: 1.1

NIP Trading

Experts
Agnello Hupp
Version: 1.1
Updated: 30 May 2017
Activations: 5

NIP Trading is a fully automated Expert Advisor. It works by using several different strategies at the same. Most of the strategies are trend following except for some trend reversal entry points which use Stop Orders when identified. Different strategies use different take profit and stop loss levels as well as trailing stop values, making the expert advisor very flexible to different market conditions.

No martingale.
No arbitrage.

Settings

All trades have stop loss.
Some trades have fixed take profit, others will use a trailing stop.
This is a long term EA, which does a lot of trades, but it will not trade every day.
It's less susceptible to spread and slippage since it catches strong market movements.
The EA trades mostly on H1 timeframe but it can also be used on other timeframes.

Expert parameters

The recommended input parameters for each currency will be available on the comments.

Look Back Period - the number of bars used for the indicator to look for important support/resistance points
Past Bars: Lag Period used to analyze market behavior
Hour to Start: Time to begin trading
Hour to Stop: Time to stop trading
Order Parameter 1: Parameter used to delete pending orders. Range: 1 - 50
Order Parameter 2: Parameter used to control the quantity of pending orders. Default: 20
Stop Loss Market (1, 2, 3): Stop Loss for market orders
Stop Loss Pending (1, 2, 3): Stop Loss for pending orders
Take Profit Market (1, 2, 3): Take Profit for market orders
Take Profit Pending (1, 2, 3): Take Profit for pending orders
Trailing (1, 2, 3): Trailing stop
Pending Distance (1, 2, 3): Distance to place pending orders
Points to Activate: Points to activate trailing stop
Distance Between Orders: Distance between orders
Keltner Filter: Keltner deviation used to filter
Keltner Period: Keltner period
Account Percent: Account percent used in each trade
Fixed lotsize: Set to 0 if you want to used account percent
Magic Number: Magic Number. If you want to use multiple currencies in one account set different values for each currency
Spread Filter: Spread Filter for market orders
Points to Pass: if non zero the EA will use Limit Orders to Open Positions;
GMT Broker: GMT of your broker;
Use Stop Orders: Use Stop Order strategy;

Recommended pairs

GBPUSD, NZDUSD, USDJPY, USDCAD and USDCHF

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Version 1.1 2017.05.30

Fix for order distance;
Option to use Limit Orders instead of Market Orders;
Option to use Stop Orders;