Market / MetaTrader 4 / Experts /

Yamashita

400 USD

Demo downloaded: 33

Published: 22 February 2022

Current version: 1.5

Yamashita

Experts
Rhalf Wendel David Caacbay
Version: 1.5
Updated: 21 September 2022
Activations: 5

This Ea uses breakout strategy.

The strategy is very reliable but still future is not a guaranteed.

Backtest and forward test for you to see the result.

FEATURES:

-Using BreakoutStrategy

-Operation is Automated

-Can exit anytime, Orders last for only seconds or minutes.

-No Martingale, No Grid and No Hedging

-100:15 Risk/Reward Ratio (TakeProfit, StopLoss)

-CurrencyPair: EURUSD, GBPUSD, USDJPY and XAUUSD

-Works on perfectly on 0-7 Spread. Low spread account like ECN is recommended.

PROPERTIES:

Lots

Lot - Lot is the static lotSize that will be used for every order if isCompounding is not enabled.

Compounding

IsCompounding -if true, enables the compounding (named as "MoneyManagement" on other EAs)

Risk - is the percentage you are willing to risk base on your capital (AccountBalance). This will dynamically adjust you lotSize.

Orders

Slippage (pip) - represents the maximum difference in pips for the order to go through. A value of 1 means 1pip;

Spread (point) - the allowed distance between ask and bid. if spread is more than what it is set then buy and sell cant be executed; A value of 30 means 30 points;

TakeProfit (point) - a distance where we close order with profit; A value of 100 means 100 points;

PointStep (point) - a minimum distance between each order; A value of 200 means 200 points distance between each order;

IsBuyEnabled - if true, enables placeing buyStop order, else disables buyStop order to be placed.

IsSellEnabled - if true, enables placing sellStop order, else disables sellStop order to be placed.

Trailing

IsTrailing - if true, enables trailing on every order.

TrailingDistance - the distance of new stopLoss on the Bid or Ask. A value of 2 means 2points.

TrailingStep - the minimum distance for every step of new stopLoss.A value of 1 means 1point.

BreakOutStrategy

TimeFrame - the period where we base our inputs for our formula and/or algorithm.

ZigZag - this is the indicator for support and resistance. (depth, deviation, backstep)

Trigger - the index of data gathered to trigger buyStop and sellStop

Allowance - the distance between resistance to buyStop or support to sellStop

CleanUp

OrderDeleteDay - the day where we delete all pending orders.

OrderDeleteTime - the exact time where we delete all pending orders.

more...

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Version 1.5 2022.09.21

-Added SpreadAvoidance to avoid bid loss during big spread.
-Added SpreadAvoidanceDistance to allow customized trigger distance.
-Added AdditionalOrder to maximize orders and profits.
-Added AdditionalOrderDistance to allow to set distance between orders.

Version 1.4 2022.09.03

Version 1.4 2022.08.30
-Converted into breakout strategy similar to punisher scalp v8 and added some improvements.
-Added button for ploting of orders
-Added allowance

Version 1.3 2022.04.02

-Removed IncrementalPointSize, LotPerBalance, Version, OrdersPlace.
-Added Buffer, Slippage, InitialOrders.
-Execution time is set to 1 minute to give server time to update.
-Refactor some code to improve efficiency.
-Clean up some codes.
-Bot size decreases.
-Moved Compounding and TrendFollowing to controls.

Version 1.1 2022.03.26

-Added OrderPlace. Multiplier will not be add from first order to the n'th (OrderPlace).
-Appplied adjustment on first order so we can TP on exact TP Points.
-Version can no longer be edited.