Proffitunity
- Experts
- aleksandr butkov
- Version: 1.0
The Profitunity version of Bill Williams in my vision
The EA works according to standard indicators: Aligator + AO + Fractals
To move into a deal, a pin bar is also used at a distance of N points from the Aligator (Distance Pin from Alig).
To exit positions, there is TP, SL, several Trailling options, closing all orders by the total profit.
NOT GRAIL but it works!
The Profitunity version of Bill Williams in my vision.
What about the settings of the advisor and how it works.
Fix Lot - fixed lot size
Risk - lot size is calculated using the formula Balance / Risk = lot
Max Lot - the size of the allowed maximum lot
- A signal to enter the Buy, the first position occurs if the Alligator's red line is higher than the green one, a pin-bar is formed under the Alligator's green line, the candlestick closing price is at the "Otstup" distance from the green line. Mirror to Sell.
- The second signal to buy already appears if three green values in a row appear on the "AO" indicator. For Sell, mirror red.
- The third, fourth, fifth and all subsequent orders are opened at the break of fractals.
The number of orders is limited by the "Count Orders-Recovery" value.
Variant - 1 trade entry occurs as described above, 2-everything described above + additional condition (Filter)
TakeProfit, StopLoss, TrailingStop, TrailingStep - I think everything is clear from the names.
The only moment, TrailingStop starts its work after the opening of the 4th order and trails all open orders.
AutoChange - if it is equal to 3 - it is disabled if 1- StopLoss of the order is set at the minimum for the last N number of "Count Bars for SL / TP trailling" bars, and is pulled up by the price at the close of the candle. 2- TakeProfit by highs for N bars "Count Bars for SL / TP trailling"
in% Closee Sum.Profit All Orders - indicates the percentage of the total profit achieved, at which all orders will be closed.
i have active this EA 4 hours ago but it not run ? Gold M5