LL Continuum EA MT5
- Experts
- Leopoldo Licari
- Version: 3.0
- Updated: 6 March 2023
- Activations: 5
XAUUSD H4 Set -> start 01:00 | end 23:55 | Lot Size Initial 0.01 | Lot Size Average 0.10 | Max Orders 100 | Distance -100 | TP 50 | SL -100000 - Recommended Deposit 10.000$
“ Continuum EA was born from the need to have a short-term trading with operational signals.”
The logic behind this system is based on one entry per candle.
A check based on multiple moving averages detects the direction of the trade.
The EA immediately opens a trade and places a pending averaging order at the desired distance and lot.
It is possible through settings to modify the operation of averaging in the F7 panel, working with Limit or Stop orders.
The system includes TP and SL, both calculated in total pips, taking into account all open lots and entry points.
An average closing price is then virtually calculated, both positive and negative, including commissions and swap costs.
An operating time filter is also included and a forced close of all trades at the set time, so you can renew a new trading start day by day.
UPDATE 3.0
- added stop button (the EA enters in stop mode, managing all remaning trades and pending orders, no new entries in this mode)
- added restart mode (by clicking this button, you can restart the normal activity of the EA)
- added lock mode (in lock mode the EA opens a global volume hedge position, both for buy and sell entries, locking in fact the floating PL, and also delete all pending orders)
- modified close all logic (now after closing all the orders, the EA enter automatically in stop mode, you must resume the trading via RESTART button)
- improved stability
- minor bug and visual fixes
Keep in mind that negative distance values generate Limit pending orders, positive values generate Stop pending orders.
Furthermore, the maximum number of positions takes into account only the positions opened by the EA and pending orders not yet active must be added to these.
So if the "maximum number of orders" is 2 as it is by default, the EA will open 2 trades and place 2 pending orders, for a potential total of 4 trades, if pending is triggered.
Pending orders cancel themselves if a TP, SL is hit or if the "Close all at specified time" function is used.
Product is amazing, best manual utility I've ever seen. Can make alot of profit if used correctly at the right times :D The author is super kind and fast to talk to for support and even added in some features I've wanted in the EA. Best work ever, keep it up mate!