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CoSMOS4U AdTurtle EA MT4

COSMOS4U AdTurtle Expert Advisor is based on the now classic Turtle trading system introduced by Richard Dennis and William Eckhardt. It employs Donchian high/low lines of various periods to decide when to open and close positions. This is an Expert Advisor that can promptly react to sudden trend reversals in everyday trading but is also suitable for executing long-term holding strategies.


How it works

When the trading mode “Long&Short” is selected, a total of 8 high/low lines are used to open and close positions depending on which of these levels the price crosses over.

When the price moves above the “Open Upper Level” a new long position is opened which will be closed when the price moves below the “Close Lower Level”. Accordingly, when the price reaches a spot below the “Open Lower Level”, a new short position is opened that will be closed when the price moves above the “Close Upper Level”. The periods of the close lines are by default set to half the periods of the opening lines (x/2, y/2), in accordance with our most recent research, but you can modify this by setting the period divisors parameters. The lines for opening positions are drawn as solid lines on the diagram and the lines for closing positions are drawn as dashed lines.

A second set of “lagging” lines (with longer periods) are used in the same way for opening a position of the same type as the one previously closed.

When trading modes “Long” or “Short” are selected, the Expert Advisor executes only the long or short positions respectively.


Close Shop for the Weekend

As our most recent research has confirmed, a good practice in everyday trading is to close any open positions before the weekend to avoid potential gaps in prices caused by events or corporate and government announcements. The COSMOS4U AdTurtle Expert Advisor is by default adjusted to close its positions before the weekend. You can also fine-tune how many hours before and after the weekend break the Expert Advisor will close and open its positions respectively.


Manage Risk

With COSMOS4U AdTurtle Expert Advisor you can manage the capital amount you are willing to risk daily as well as how much of your capital you want to allocate to each asset traded by the Expert Advisor in accordance with your diversification strategy.


Parameters' Description

  • Trading Mode: what kind of positions the Expert Advisor will open. It can be "Long&Short" or "Long" or "Short"
  • Period(x) of highest/lowest price: how many bars will be used when calculating highs/lows levels for opening Long or Short positions respectively
  • Period(y) of highest/lowest price: how many bars will be used when calculating a second pair of highs/lows levels for opening positions if the same type of position was previously closed
  • Divisor for x period exit, after opening position: the x/divisor period will be used to calculate highs/lows levels for exiting Short/Long positions that were opened using the first pair of lines
  • Divisor for y period exit, after opening lagging position: the y/divisor period will be used to calculate highs/lows levels for exiting Short/Long positions that were opened using the second pair of lines
  • Time Interval: the timeframe used to calculate highs/lows
  • Daily Volatility(%): the percentage of an account's equity that the Expert Advisor will risk overall
  • Daily volatility Capital Risk(%): the percentage of the above amount that the Expert Advisor will risk per trade
  • Free Margin Level Threshold(%): the minimum level of free margin above which the Expert Advisor will make trades
  • Enable Weekend Close Position: if the Expert Advisor will close its open positions before the weekend
  • Hours post market opening on Monday: how many hours after the markets open on Monday the Expert Advisor will start trading (requires "Enable Weekend Close Position"=true)
  • Hours prior market closing on Friday: how many hours before the markets close on Friday the Expert Advisor will close its positions for the weekend (requires "Enable Weekend Close Position"=true)
  • Enable Debugging messages: prints log messages with details on why it opened/closed positions


Be sure to check out COSMOS4U AdTurtle Indicator and our entire range of MetaTrader products on https://www.mql5.com/en/users/cosmos4ucom/seller

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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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Roman Erokhin
5 (1)
Experts
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
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Aleksandr Chebotaev
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Marzena Maria Szmit
4.46 (26)
Experts
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Marzena Maria Szmit
4.67 (24)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
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Soraya Bahlekeh
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Original price $269 —> 50% discount only $129 Live Results :   link in Bio Tiger Trade Pro - Your Key to Confident Trading! Tiger Trade Pro is a real and consistently profitable EA that uses the Scalp-Trend system and has a very favorable risk compared to other similar EAs. This EA offers both simple and advanced settings to match your trading style. Tailored Settings:  Whether you prefer simplicity or advanced controls, Tiger Trade Pro has you covered. Advanced options include: Trailing
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Profalgo Limited
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NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the trades. The EA uses a "
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Ugochukwu Mobi
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Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
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