Wall Street Maestro
- Experts
- Daniela Luzzu
- Version: 1.1
- Activations: 15
Created by: Daniela Luzzu
Version: 1.1
Product Description:
WALL STREET MAESTRO HAS A SOLID, TIME-TESTED STRATEGY AND DOES NOT NEED TO BE SUPERVISED. PLACE IT ON YOUR CHART, LET IT RUN, AND FORGET ABOUT IT.
The backtest speaks for itself, and the price is ridiculously low for the performance Wall Street Maestro offers. Therefore, do not request MyFXbook links or other monitoring; they are not provided. A discerning eye will immediately understand the value and functionality of this EA, leaving no further questions. For any other inquiries, do not hesitate to contact us.
The Wall Street Maestro is an advanced Expert Advisor (EA) for the MetaTrader 4 platform, meticulously designed to capitalize on trading opportunities arising from price breakouts. Born from the evolution of a historic EA, this state-of-the-art algorithm has undergone a comprehensive overhaul, with its strategy thoroughly reviewed, modernized, and enhanced for today’s market conditions. Leveraging a sophisticated channel strategy, Wall Street Maestro aims to achieve stable profits while effectively managing risk.
Key Features:
Breakout Trading:
- Utilizes the highest and lowest price levels of a defined period to identify breakout signals.
- Executes buy and sell orders based on breakout signals.
Risk Management:
- Automatically calculates lot size based on the specified risk percentage.
- Includes functionality to calculate stop loss as a percentage of channel width.
Operational Flexibility:
- Allows defining the start and end times for trading operations.
- Includes filters to avoid trading during periods of high volatility and high spread.
Visualization and Reporting:
- Displays detailed information on daily profit, maximum drawdown, and other performance metrics.
- Shows a histogram of RSI and MACD technical indicators for visual analysis.
Input Parameters:
- start: Start time for trading operations.
- end: End time for trading operations.
- period: Period for building the channel in bars.
- SLpp: Stop loss as a percentage of channel width.
- Lots: Default lot size (default: 0.01).
- RiskPercentage: Risk percentage per trade (default: 0.0, in BT 1%).
- MaxSpread: Maximum allowed spread in points.
Functionality:
Initialization:
- Retrieves market information and initializes state variables.
- Resets daily profit and loss variables at the start of each new day.
Entry and Exit Strategy:
- Calculates high and low price levels for the defined channel period.
- Checks if the bid price exceeds channel levels to generate buy or sell signals.
- Executes buy and sell orders based on signals, automatically calculating lot size.
Position Management:
- Closes all buy orders before opening a sell order and vice versa.
- Applies dynamic stop loss based on channel width.
Visualization:
- Displays detailed account and performance information.
- Shows a histogram of RSI and MACD indicators for visual analysis.
Specifications:
- Chart: EUR/GBP M15.
Additional Information:
- MT5 Version: Currently not available. If developed in the future, a nominal copy will be released for a single account to customers who have already purchased MT4 and wish to use it on MT5. The total number of copies available will always be limited to 99 across both platforms.
Purchase and Support: The Wall Street Maestro is available for purchase on the MQL5 market. Buy now and benefit from an advanced Expert Advisor that can help you achieve your trading goals. We provide ongoing support and updates to ensure your EA stays cutting-edge.
