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Silent Trader

3

Silent Trader 

This is an automated trading robot for trading the GBP/JPY currency pair on the M15 time frame  GBPJPY M15

Trading parameters:

Entry Amount: 0.50 lots.

Stop Loss: 146 pips, which is the maximum loss allowed per trade.

Take Profit: 171 pips, which is the level at which the trade is closed to mark the profit.

Technical indicators used:

Money Flow Index (MFI):

Period: 13.

Level: 48.

Force Index:

Period: 29.

Alligator Indicator:

Jaws period: 34, shift: 14.

Teeth period: 9, shift: 16.

Missing period: 15, shift: 2.

These indicators are essential for evaluating volume and market movements, as well as making automated trading decisions.

Types of transactions and trading sessions:

Definitions for order types:

OP_BUY: Purchase order (buy).

OP_SELL: Sell order.

OP_FLAT: Absence of any open position (no transaction).

Trading sessions are configured to be active between 00:00 and 24:00 every day of the week, including Friday. An optional control is specified to ignore Sunday trading.

Magic Number:

A unique identifier (Magic_Number = 68612261) that allows this trading robot to distinguish its own trades from other open orders on the same account.

Control of order execution parameters:

A maximum number of attempts to execute trades if the order fails (TRADE_RETRY_COUNT = 4) and a waiting time between attempts (TRADE_RETRY_WAIT = 100 milliseconds) are set.

Variable values ​​and initializations:

PosType: Current position type (buy/sell/flat).

PosTicket: ID of the open position.

PosLots: Open position volume.

StopLoss and TakeProfit: Values ​​for Stop Loss and Take Profit.

Trailing Stop:

The isTrailingStop indicator is activated if there is a Stop Loss configured, which suggests that the strategy can use a trailing stop to adjust the stop loss level as the price moves favorably.

Initialization of technical indicators:

Different indicators are used, such as:

iMFI: Money Flow Index to evaluate the flow of money (parameter Ind0Param0).

iForce: Force Index to assess the strength of price movements (parameter Ind1Param0).

iAlligator: Alligator indicator to track market direction and trends.

In conclusion, the trading robot implements a strategy based on several technical indicators (Money Flow Index, Force Index, and Alligator), using buy/sell orders and managing risk through clear Stop Loss and Take Profit settings, along with the functionality of trailing stop.

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Mausepaul
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Mausepaul 2020.12.21 10:29 
 

kann ich den Silent Roboter AUCH FÜR DAX UND EURO BENUTZEN?

Ciprian Ghebanoaei
6272
Reply from developer Ciprian Ghebanoaei 2020.12.21 18:05
Jeder Markt oder jede Parität hat ihre eigenen Merkmale.
Leider ist dieser EA nur für GBPJPY M30 optimiert. Auf Ihren Vorschlag hin werden wir versuchen, den Logarithmus auch für den DAX-Markt zu optimieren.
Reply to review
Version 3.10 2024.10.06
This is an automated trading robot for trading the GBP/JPY currency pair on the M15 time frame.

Trading parameters:

Entry Amount: 0.50 lots.
Stop Loss: 146 pips, which is the maximum loss allowed per trade.
Take Profit: 171 pips, which is the level at which the trade is closed to mark the profit.
Technical indicators used:

Money Flow Index (MFI):
Period: 13.
Level: 48.
Force Index:
Period: 29.
Alligator Indicator:
Jaws period: 34, shift: 14.
Teeth period: 9, shift: 16.
Missing period: 15, shift: 2.
These indicators are essential for evaluating volume and market movements, as well as making automated trading decisions.
Version 2.0 2022.09.13
This is a version with parameters adapted to the last year (September 2021 - September 2022). And the description is modified with the new data.