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SMak ZigZag EA

5

The signal to open BUY or SELL orders is formed based on the data received from the " SM ZigZag "indicator. As soon as the indicator shows the formation of a downtrend (red line), the Expert Advisor places a BUY order with the set lot (the ability to choose in the settings whether it will be fixed or dynamic).


After placing the first BUY order with the initial lot, until the indicator has formed a blue line (an uptrend), the next BUY orders are placed after a certain step, which is changed according to the coefficient and with an increase in the lot, according to the coefficient.

All this continues until the " SM ZigZag " indicator forms a blue line (an uptrend). As soon as the trend change line is formed, all orders that were opened are closed and the process of placing SELL orders begins, according to the same scheme as the previous one with BUY.

The second indicator, " SM trend cloud ", has an equally important task. It forms "clouds" of two colors, green – an uptrend and orange – a downtrend. So, if a BUY order command is formed on the first indicator, i.e. after the formation of the red line, and the cloud of the second indicator is green, the step and lot increase coefficients work as described above. If the cloud is orange, the lot and the step of subsequent orders of this series are equal to the first value, i.e. they are not multiplied by coefficients, but correspond to the initial values with equal intervals and Lots with an unchanged lot. These actions are necessary to reduce the drawdown in the event of a sudden trend reversal.

The Expert Advisor has a control panel located on the chart (the orientation is adjustable). In the strategy tester, changes to the input data on the penel do not work. To perform optimization, you need to disable:

"ShowPannel" = false

"Draw_ZigZag" = false

"Draw_AndZadC" = false

Due to the fact that the Expert Advisor has built-in indicators, there is a slight delay at the beginning of testing (if you do not disable the indicators, as described above).

The settings of the Expert Advisor and the built-in indicators are intuitive and simple. There are several nuances that you should consider when setting up:

When "ReverceClose" = false

Stop and Take - real bets are placed

Thrall is working

MoneyTP, MoneySL, PercentTP,PercentSL-DO NOT work

When "ReverceClose" = true

Stop and Take - virtual bets are placed

The thrall DOESN'T work

MoneyTP, MoneySL,PercentTP, PercentSL - work

The Expert Advisor is perfect for those traders who like to participate in the trading process, monitor its process. I kindly ask you to soberly assess the risks and comply with the rules of Money Management and Risk Management!

The recommended timeframe is D1


Avis 1
nikolas1163
318
nikolas1163 2022.04.29 13:38 
 

Excellent EA, if configured with correct parameters and proportionates to the capital it produces exceptional gains with very low drawdowning on the DEMO platform. In the next few days I will working in REAL and will update this review. Congratulations to the author!

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Vasiliy Strukov
5 (10)
Experts
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Mansour Babasafary
2.77 (22)
Experts
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Experts
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Zaha Feiz
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Experts
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Thi Thu Ha Hoang
4.7 (27)
Experts
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5 (4)
Experts
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Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
Experts
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Arseny Potyekhin
4.45 (11)
Experts
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EurUsd Algo Trading
Lo Thi Mai Loan
Experts
Le trading algorithmique EURUSD est un EA simple mais très efficace sur la plateforme MT5. Cet EA est spécialement conçu pour la paire de devises la plus stable au monde, EURUSD. L'EA utilise une stratégie de day trading, avec 90 % des transactions clôturées en quelques heures. Il se concentre sur l’identification des niveaux clés dans le timeframe H1 pour trouver les points d’entrée et définir des niveaux de Stop Loss (SL) appropriés et prédéfinis. L'EA prend en charge une fonction de trailing
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Pyramid EA
Sergei Makarevich
Experts
The Expert Advisor is based on the work of two indicators SM ZigZag and SM trend cloud . The signal to open BUY or SELL orders is formed based on the data received from the " SM ZigZag "indicator. As soon as the indicator shows the formation of a downtrend (red line), the Expert Advisor places a BUY order with the set lot (the ability to choose in the settings whether it will be fixed or dynamic). After placing the first BUY order with the initial lot, until the indicator has formed a blue
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4.5 (2)
Indicateurs
The SMTrendLine indicator is based on the principles of graphical construction of Bollinger bands. Graphically, the Bollinger is two lines that limit the price dynamics from above and from below, respectively. These are a kind of support and resistance lines, which most of the time are located at levels far from the price. As we know, the Bollinger bands are similar to the envelopes of moving averages. The difference between them is that the envelope boundaries are located above and below t
FREE
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Sergei Makarevich
Indicateurs
It so happened that it is no longer necessary to write about the principles of operation of indicators of this type. The presented indicator redraws the trend direction until it changes to the opposite. whether this is right or not is up to you to judge. It works well together with SM trend Cloud, which is implemented in the SMak ZigZag EA  and Pyramid EA  Expert Advisor code. When these two indicators work together, it is possible to determine the further trend movement with a high degree of pr
FREE
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Sergei Makarevich
Indicateurs
In the SM Trend Cloud indicator, two buffers are used for calculation and rendering. One of the main advantages of this tool is its simplicity, while its signals can be quite accurate. But, again, we have a trend indicator in front of us, and therefore it will generate false signals mainly in conditions of consolidation. At the same time, I do not advise using the indicator in its own form, there is no way to do without additional filters. As an additional signal, I suggest using ZigZag indicat
FREE
Golem EA
Sergei Makarevich
Experts
The SM_GOLEM EA Expert Advisor is designed to work on accounts with an initial deposit of 100 units or more. On cents, it is desirable to use at least 3000 units. The algorithm of the Expert Advisor works as follows: entering a trade at the beginning of the bar with a growing signal of the ROC oscillator, exiting the market at the end of the bar when the CCI (Commodity Channel Index) is below the level line. The Expert Advisor was optimized on an hourly timeframe, since it was supposed to be us
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Sergei Makarevich
Utilitaires
Pyramid Order Manager is a utility based on the work of two indicators SM ZigZag and SM trend cloud . With the help of this utility, the trader has the opportunity to set instant or pending orders on the chart in a short time with his lot, take profit and stop loss, as well as the number of orders in the grid, the coefficients of the lot and step change. The utility has two built-in indicators, listed above, with the ability to disable them. A distinctive feature of this utility is the poss
SM ZigZagSAR
Sergei Makarevich
Indicateurs
The ZigZag indicator, which has already become common and familiar to any trader, has acquired new forms and received additional reinforcement by including the results of Parabolic SAR analysis in its team. The tandem of these two indicators shows excellent accuracy in determining the direction of the trend and timely receiving a signal about its reversal. The main signals on the chart are red and blue markers (if desired, the colors can be changed). Blue marker - we start selling, red-purchases
Filtrer:
nikolas1163
318
nikolas1163 2022.04.29 13:38 
 

Excellent EA, if configured with correct parameters and proportionates to the capital it produces exceptional gains with very low drawdowning on the DEMO platform. In the next few days I will working in REAL and will update this review. Congratulations to the author!

Sergei Makarevich
8285
Réponse du développeur Sergei Makarevich 2022.04.29 16:45
Спасибо за Вашу оценку))) Удачи и профита!
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Version 1.1 2021.09.13
minor changes