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LuckyCase

LuckyCase is an Expert Advisor with martingale elements.

The EA strategy is based on a significant "deviation" of the price from SAR inadicator and the Bands levels breakthrough point. The money management system is an essential part of the EA. It starts working after a trade is opened. Trades are closed after accumulating specified points of market orders, by deposit % or after an opposite side of the channel is broken through.

The default EA settings are meant for:

  • EURUSD M15;
  • USDJPY M15.

The EA can be easily optimized for any trading instrument depending on its volatility.


Parameters

  • Percentage of risk - risk % for defining the first lot;
  • If Risk = 0, the lot will be - if the risk % is 0, the lot is equal to a specified value;
  • Take profit in points (can optimize) - profit in points for closing (optimizable);
  • Step between orders (can optimize) - step between orders (optimizable);
  • Points from Sar (can optimize) - distance from SAR indicator for the first trade (optimizable);
  • Step of SAR (can optimize) - SAR indicator step (optimizable);
  • Max Spread - maximum spread;
  • Comment to Order - open orders comments;
  • Magic - magic number to distinguish EA's own orders.
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The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested
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Version 3.0 2021.07.02
Added the functionality of closing all orders at a drawdown in the deposit currency specified in the settings.