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Ilan Dynamic Premium

4

This Expert Advisor is based on the "Ilan 1.6 Dynamic" Advisor with full preservation of the idea and input parameters. The "Ilan 1.6 Dynamic" advisor is the predecessor of all Ilans and the most recognizable Martingale method Forex advisor. The number of titles given to this development can hardly be counted. In fact, the Advisor uses a simple trading strategy based on two standard technical indicators - RSI (Relative Strength Index) and CCI (Commodity Channel Index). The first one is used to select the direction when opening the positions, the second is used to limit losses. The peculiarity of this Expert Advisor is the usage of dynamically variable range, depending on the market volatility.

The basic algorithm is completely redesigned, the virtualization function is added - the series begins with opening virtual positions while the real trading starts after the specified step is reached.

Version 2.04+
The Expert Advisor has undergone a significant revision, six new Extra parameters have been added. This is one more improvement of the Expert Advisor — a new generation.The added parameters make significant changes to the averaging and closing algorithm, and also allow you to control the start time of a new series.


Operation principle


Conditions for opening positions are as follows

  • We sell if the closing price two bars ago was higher than the closing price of the previous bar and the RSI is higher than the value of the "RsiMinimum" parameter (the oversold zone).
  • We buy if the closing price two bars ago was lower than the closing price of the previous bar and the RSI is lower than the value of the "RsiMaximum" parameter (the overbought zone).

In case the price does not go in our direction, the advisor opens additional (averaging) positions and waits for the price correction to come. The increase in the volume of subsequent positions allows you to move the level of break-even (the average price of all positions) closer to the current price, so that even a small correction can close all unprofitable series of positions with profit. This scheme has practically no flaws in case of correct optimization of the input parameters.

Additional Information

Reviews 4
kremika
21
kremika 2021.11.14 09:51 
 

Здравствуйте Борис, Спасибо за предоставленную мне возможность воспользоваться шестимесячной "арендой" вашего советника. Я считаю, что в этот период можно проверить качества советника и заработать достаточно средств, необходимых для покупки его полной версии. Также благодарю вас за предоставленную мне возможность получить доступ к опубликованной исчерпывающей информации на странице: https://algotradingxtra.blogspot.com/ и доступ к электронной почты IT-специалистов, которые анализируют работу этого советника: usetradingxtra@gmail.com . С наилучшими пожеланиями, Красѝмир

Iván España
27
Iván España 2021.11.09 17:23 
 

¡Hola Boris! I am extremely happy because I have the incredible opportunity to meet a Russian programmer. Please accept my sincere congratulations on the quality of your work. I know your work well because I am lucky to know some members of the group who analyze the behavior of the expert "Ilan Dynamic Premium" and post them on their page "https://algotradingxtra.blogspot.com/". Given the fact that I do not understand your language at all, I will rely on the help of the members of this group to get the opportunity to familiarize myself with the content of these texts in Spanish. At this stage I have a question and it is related to the future development of your remarkable software product: could you translate its program code into the language "MQL5" and under what conditions? ¡Un cordial saludo! Carlos

evelinatan
19
evelinatan 2021.11.04 10:07 
 

Мы ИТ-специалисты и наша деятельность связана с «Програ́ммной инжене́рии». Мы чрезвычайно впечатлены высоким качеством работы, этого разработчика по написанию кода, разработанных нами дополнительных алгоритмов и их реализации в его замечательном Эксперте «Ilan Dynamic Premium v2.05». Благодаря взаимовыгодному сотрудничеству с ним, которое продолжается уже два года, нам удалось увидеть, как наши идеи, воплощенные в код, этим блестящим программистом, создали новое «опасное оружие», предназначенное для умелых рук.

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Filter:
Kevin Joseph Dempsey
404
Kevin Joseph Dempsey 2023.03.31 21:03 
 

The limit on the number of trades doesn't work.

Boris Sedov
7660
Reply from developer Boris Sedov 2023.03.31 21:42
Version 2.7 2022.04.23
Added a new "Xtra" parameter canceling the action of the MaxTrades parameter.
Two new signal types have been added: a new interpretation of the RSI indicator and a pattern — a sequence of several candlesticks of a certain shape.
kremika
21
kremika 2021.11.14 09:51 
 

Здравствуйте Борис, Спасибо за предоставленную мне возможность воспользоваться шестимесячной "арендой" вашего советника. Я считаю, что в этот период можно проверить качества советника и заработать достаточно средств, необходимых для покупки его полной версии. Также благодарю вас за предоставленную мне возможность получить доступ к опубликованной исчерпывающей информации на странице: https://algotradingxtra.blogspot.com/ и доступ к электронной почты IT-специалистов, которые анализируют работу этого советника: usetradingxtra@gmail.com . С наилучшими пожеланиями, Красѝмир

Iván España
27
Iván España 2021.11.09 17:23 
 

¡Hola Boris! I am extremely happy because I have the incredible opportunity to meet a Russian programmer. Please accept my sincere congratulations on the quality of your work. I know your work well because I am lucky to know some members of the group who analyze the behavior of the expert "Ilan Dynamic Premium" and post them on their page "https://algotradingxtra.blogspot.com/". Given the fact that I do not understand your language at all, I will rely on the help of the members of this group to get the opportunity to familiarize myself with the content of these texts in Spanish. At this stage I have a question and it is related to the future development of your remarkable software product: could you translate its program code into the language "MQL5" and under what conditions? ¡Un cordial saludo! Carlos

evelinatan
19
evelinatan 2021.11.04 10:07 
 

Мы ИТ-специалисты и наша деятельность связана с «Програ́ммной инжене́рии». Мы чрезвычайно впечатлены высоким качеством работы, этого разработчика по написанию кода, разработанных нами дополнительных алгоритмов и их реализации в его замечательном Эксперте «Ilan Dynamic Premium v2.05». Благодаря взаимовыгодному сотрудничеству с ним, которое продолжается уже два года, нам удалось увидеть, как наши идеи, воплощенные в код, этим блестящим программистом, создали новое «опасное оружие», предназначенное для умелых рук.

Reply to review
Version 2.7 2022.04.23
Added a new "Xtra" parameter canceling the action of the MaxTrades parameter.
Two new signal types have been added: a new interpretation of the RSI indicator and a pattern — a sequence of several candlesticks of a certain shape.
Version 2.6 2021.11.30
Improved algorithm.
Version 2.5 2021.09.08
Improved algorithm.
Version 2.4 2021.07.23
Improved algorithm.
Version 2.1 2020.07.05
Improved algorithm.