SemiEA TP Variant
- Asesores Expertos
- Tan Chee Ho
- Versión: 1.0
- Activaciones: 5
SemiEA : Semi-Auto EA with 3 takeprofit setting to handle the trades.
Semi Martingale EA
Thank you for visiting here. Please spare few minutes to see how interesting this EA is. This EA is NOT a fully automated EA, but it assist trader to handle their trades effectively. Hope you will enjoy this Robot.
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EA features:
- - EA helps to open recovery trades after the first trade placed by the trader.
- - This EA works well with other EA.
- - Trader is allow to open first trade based on his analysis, which increase the chances of closing the trades with Take Profit.
- - EA has trailing stoploss function, allow trader to maximize profit.
- - Take Profit can be set as dollar.
- - Added: Maximum trades limit function.
- - Added: 3 TakeProfit settings to manage target take profit at different number of layer of trades.
- - Added: Use price for the initial takeprofit setting which can be useful for metal & cryptocurrencies which is hard for some trader to calculate the pips.
- - Added: StopLoss Function.
- - Added: CutLoss function.
EA Parameters explain
Parameter | Recommended | Remarks |
---|---|---|
TakeProfit Option: | Pip TP | - Dollar TP/ Pip TP - There are two modes of TakeProfit for your trades. |
First TakeProfit (Pips): | 20 | - This takeprofit is a hardcore setting which will reflect in your trade. - This fuction is ignored when “Dollar TP” is chosen. - "0" = breakeven. |
First TakeProfit Level (Price): | -- | - If you not sure how many Pips of profit you want, but knowing the target price. You may choose to key in the price at this column. - It is only for the initial trades. EA will calculate the target Pips for you. |
StopLoss (Pips): | - You can now choose to set a fixed stoploss for your trade. - Stoploss distance is based on the first trade. | |
Second TP Setting/ Third TP Setting | ||
Target Layer: | 2 | - New takeprofit setting is used when the target layer (number of trades) is reached. - Currently is up to 3 sets of setting. It may increase if higher number is useful to you. |
TakeProfit: | 10 | - TakeProfit |
Real TakeProfit($$): | - EA will calculate your required profit dollar and set it as a hardcore takeprofit in your trades. - This function is ignored when “Pip TP” is chosen. - “0” means Breakeven. | |
Recovery Options | Pipstep Only | - "Pipstep & Candle Closed": New recovery trade open when the pipstep value is reached and at the closed of the current candle. - "Pipstep Only": New recovery trade open when the pipstep value is reached. |
Pipstep: | 15 | - This is the minimum pip distance between two trades. |
Lotsize Exponential Rate: | 1.3 | - This is the multiply factor for the next trade lotsize. - Example: (Setting at 1.3) if the first trade open with a lotsize of 0.10, the next trade will be 0.13. - Set at “1” means that your following trades will have the same lotsize as your initial trade. |
Maximum Trades Allowed: | 10 | - Robot will stop trading when the number of max. trade in this setting is reached. |
Trailing function: | True | - True: turn on trailing function. - False: turn off trailing function. |
Trailing Start pips: | 20 | - This is to set when do you want your trailing function begins. - “0” means trailing function will be activated when your trades breakeven. - “10” means trailing function will be activated when your trades have a total profit of 10 pips. - This setting should not more than your “Real TakeProfit” setting, else your trades will hit real takeprofit first. |
Trailing Distance: | 10 | - This is the distance from the current price when trailing function activated. |
CutLoss - "Dollar" ($): | 0.0 | - SemiEA will close all trades in this pair when the floating has reached the cutloss dollar amount in this setting. - Buy or Sell trades. - buy and sell are calculate individually. |
CutLoss - "Percentage" (%) | 0.0 | - All trades closes when floating has reached the cutloss Percentage in this setting. - This % is calculate based on your account balance. |
Automatic Start Trade | False | - This is for testing of EA functionality purpose. Please turn it to "FALSE". |
Backest Direction | -- | - Buy Only: to backtest the buy trade only. - Sell Only: to backtest the sell trade only. |
Notes in using this EA
PLEASE SET THE BACKTEST SETTING "AUTOMATIC START TRADE" TO "FALSE".
$1,000 ($10 cent account), below this capital is not recommended to use this tool.